(MMM) 3M - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US88579Y1010

Abrasives, Adhesives, Films, Respirators, Tapes

EPS (Earnings per Share)

EPS (Earnings per Share) of MMM over the last years for every Quarter: "2020-12": 2.38, "2021-03": 2.77, "2021-06": 2.59, "2021-09": 2.45, "2021-12": 2.31, "2022-03": 2.65, "2022-06": 2.48, "2022-09": 2.69, "2022-12": 2.28, "2023-03": 1.97, "2023-06": 2.17, "2023-09": 2.68, "2023-12": 2.42, "2024-03": 2.39, "2024-06": 1.93, "2024-09": 1.98, "2024-12": 1.68, "2025-03": 1.88, "2025-06": 2.16, "2025-09": 2.19,

Revenue

Revenue of MMM over the last years for every Quarter: 2020-12: 8583, 2021-03: 8851, 2021-06: 8950, 2021-09: 8942, 2021-12: 8612, 2022-03: 8829, 2022-06: 8702, 2022-09: 8619, 2022-12: 8079, 2023-03: 8031, 2023-06: 8325, 2023-09: 8312, 2023-12: 8013, 2024-03: 6016, 2024-06: 6255, 2024-09: 6294, 2024-12: 6010, 2025-03: 5954, 2025-06: 6344, 2025-09: 6517,

Dividends

Dividend Yield 1.89%
Yield on Cost 5y 2.48%
Yield CAGR 5y -16.20%
Payout Consistency 98.2%
Payout Ratio 36.9%
Risk via 5d forecast
Volatility 28.6%
Value at Risk 5%th 40.7%
Relative Tail Risk -13.38%
Reward TTM
Sharpe Ratio 0.71
Alpha 5.41
CAGR/Max DD 0.83
Character TTM
Hurst Exponent 0.453
Beta 1.045
Beta Downside 1.131
Drawdowns 3y
Max DD 27.12%
Mean DD 7.92%
Median DD 5.95%

Description: MMM 3M December 03, 2025

3M (NYSE:MMM) is a diversified technology conglomerate operating worldwide across three segments: Safety & Industrial, Transportation & Electronics, and Consumer. The Safety & Industrial line supplies abrasives, personal-hygiene and protective equipment, adhesives, and construction-grade electrical products. The Transportation & Electronics segment focuses on ceramic solutions, bonding films, reflective signage, and semiconductor-related materials for automotive and data-center applications. The Consumer segment markets household cleaners, air-quality devices, office supplies, and personal-care bandages, reaching customers through e-commerce, wholesale distributors, and direct sales.

Key recent metrics: FY 2023 revenue was $35.5 billion, with an operating margin of roughly 15% and diluted EPS of $5.48, supporting a dividend yield near 3.5% and a 12-year streak of annual increases. Core drivers include global construction spending (a leading indicator for the Safety & Industrial product mix), automotive production volumes (fueling demand for adhesive and reflective solutions), and the ongoing semiconductor supply-chain rebound (boosting the Transportation & Electronics segment). 3M’s R&D spend remains above $1.5 billion annually, reflecting its commitment to innovation in high-growth areas such as data-center cooling and advanced filtration.

For a deeper, data-driven valuation of MMM, you might explore the analytical tools on ValueRay to see how these fundamentals translate into forward-looking price scenarios.

Piotroski VR‑10 (Strict, 0-10) 5.0

Net Income (3.40b TTM) > 0 and > 6% of Revenue (6% = 1.49b TTM)
FCFTA 0.04 (>2.0%) and ΔFCFTA 2.41pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 29.63% (prev 18.47%; Δ 11.17pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.07 (>3.0%) and CFO 2.54b <= Net Income 3.40b (YES >=105%, WARN >=100%)
Net Debt (8.86b) to EBITDA (6.38b) ratio: 1.39 <= 3.0 (WARN <= 3.5)
Current Ratio 1.84 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (542.1m) change vs 12m ago -1.92% (target <= -2.0% for YES)
Gross Margin 40.61% (prev 41.93%; Δ -1.31pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 63.26% (prev 65.02%; Δ -1.76pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 5.35 (EBITDA TTM 6.38b / Interest Expense TTM 969.0m) >= 6 (WARN >= 3)

Altman Z'' 6.53

(A) 0.20 = (Total Current Assets 16.09b - Total Current Liabilities 8.73b) / Total Assets 37.61b
(B) 1.01 = Retained Earnings (Balance) 38.10b / Total Assets 37.61b
warn (B) unusual magnitude: 1.01 — check mapping/units
(C) 0.13 = EBIT TTM 5.18b / Avg Total Assets 39.24b
(D) 1.00 = Book Value of Equity 32.99b / Total Liabilities 32.94b
Total Rating: 6.53 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 58.42

1. Piotroski 5.0pt
2. FCF Yield 1.59%
3. FCF Margin 6.40%
4. Debt/Equity 2.92
5. Debt/Ebitda 1.39
6. ROIC - WACC (= 13.18)%
7. RoE 78.98%
8. Rev. Trend -87.60%
9. EPS Trend -58.04%

What is the price of MMM shares?

As of January 19, 2026, the stock is trading at USD 167.80 with a total of 4,910,639 shares traded.
Over the past week, the price has changed by -0.08%, over one month by +3.73%, over three months by +8.88% and over the past year by +16.39%.

Is MMM a buy, sell or hold?

3M has received a consensus analysts rating of 3.84. Therefore, it is recommended to buy MMM.
  • Strong Buy: 9
  • Buy: 2
  • Hold: 5
  • Sell: 2
  • Strong Sell: 1

What are the forecasts/targets for the MMM price?

Issuer Target Up/Down from current
Wallstreet Target Price 174.2 3.8%
Analysts Target Price 174.2 3.8%
ValueRay Target Price 182.1 8.5%

MMM Fundamental Data Overview January 17, 2026

P/E Trailing = 27.3323
P/E Forward = 19.8413
P/S = 3.671
P/B = 19.6397
P/EG = 3.4203
Revenue TTM = 24.82b USD
EBIT TTM = 5.18b USD
EBITDA TTM = 6.38b USD
Long Term Debt = 11.85b USD (from longTermDebt, last quarter)
Short Term Debt = 923.0m USD (from shortTermDebt, last quarter)
Debt = 13.54b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 8.86b USD (from netDebt column, last quarter)
Enterprise Value = 100.00b USD (91.13b + Debt 13.54b - CCE 4.67b)
Interest Coverage Ratio = 5.35 (Ebit TTM 5.18b / Interest Expense TTM 969.0m)
EV/FCF = 62.97x (Enterprise Value 100.00b / FCF TTM 1.59b)
FCF Yield = 1.59% (FCF TTM 1.59b / Enterprise Value 100.00b)
FCF Margin = 6.40% (FCF TTM 1.59b / Revenue TTM 24.82b)
Net Margin = 13.70% (Net Income TTM 3.40b / Revenue TTM 24.82b)
Gross Margin = 40.61% ((Revenue TTM 24.82b - Cost of Revenue TTM 14.74b) / Revenue TTM)
Gross Margin QoQ = 41.81% (prev 41.76%)
Tobins Q-Ratio = 2.66 (Enterprise Value 100.00b / Total Assets 37.61b)
Interest Expense / Debt = 1.71% (Interest Expense 232.0m / Debt 13.54b)
Taxrate = 26.81% (308.0m / 1.15b)
NOPAT = 3.80b (EBIT 5.18b * (1 - 26.81%))
Current Ratio = 1.84 (Total Current Assets 16.09b / Total Current Liabilities 8.73b)
Debt / Equity = 2.92 (Debt 13.54b / totalStockholderEquity, last quarter 4.63b)
Debt / EBITDA = 1.39 (Net Debt 8.86b / EBITDA 6.38b)
Debt / FCF = 5.58 (Net Debt 8.86b / FCF TTM 1.59b)
Total Stockholder Equity = 4.31b (last 4 quarters mean from totalStockholderEquity)
RoA = 8.67% (Net Income 3.40b / Total Assets 37.61b)
RoE = 78.98% (Net Income TTM 3.40b / Total Stockholder Equity 4.31b)
RoCE = 32.09% (EBIT 5.18b / Capital Employed (Equity 4.31b + L.T.Debt 11.85b))
RoIC = 21.84% (NOPAT 3.80b / Invested Capital 17.37b)
WACC = 8.66% (E(91.13b)/V(104.67b) * Re(9.76%) + D(13.54b)/V(104.67b) * Rd(1.71%) * (1-Tc(0.27)))
Discount Rate = 9.76% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -1.20%
[DCF Debug] Terminal Value 74.02% ; FCFF base≈1.25b ; Y1≈1.13b ; Y5≈979.4m
Fair Price DCF = 12.69 (EV 15.60b - Net Debt 8.86b = Equity 6.74b / Shares 531.2m; r=8.66% [WACC]; 5y FCF grow -11.81% → 2.90% )
EPS Correlation: -58.04 | EPS CAGR: -1.41% | SUE: 1.30 | # QB: 3
Revenue Correlation: -87.60 | Revenue CAGR: -7.16% | SUE: 0.31 | # QB: 0
EPS next Quarter (2026-03-31): EPS=1.99 | Chg30d=-0.010 | Revisions Net=-1 | Analysts=7
EPS next Year (2026-12-31): EPS=8.61 | Chg30d=-0.038 | Revisions Net=+2 | Growth EPS=+7.2% | Growth Revenue=+3.0%

Additional Sources for MMM Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
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Fund Manager Positions: Dataroma | Stockcircle