3M CO (MMM) Stock Fundamental Analysis

NYSE:MMM • US88579Y1010

174.61 USD
+1.76 (+1.02%)
At close: Feb 12, 2026
175.25 USD
+0.64 (+0.37%)
After Hours: 2/12/2026, 8:04:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

5

Overall MMM gets a fundamental rating of 5 out of 10. We evaluated MMM against 7 industry peers in the Industrial Conglomerates industry. MMM has an excellent profitability rating, but there are some minor concerns on its financial health. MMM has a valuation in line with the averages, but on the other hand it scores bad on growth.


Dividend Valuation Growth Profitability Health

8

1. Profitability

1.1 Basic Checks

  • MMM had positive earnings in the past year.
  • In the past year MMM had a positive cash flow from operations.
  • MMM had positive earnings in 4 of the past 5 years.
  • MMM had a positive operating cash flow in each of the past 5 years.
MMM Yearly Net Income VS EBIT VS OCF VS FCFMMM Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5B -5B

1.2 Ratios

  • MMM's Return On Assets of 8.61% is amongst the best of the industry. MMM outperforms 100.00% of its industry peers.
  • MMM's Return On Equity of 68.46% is amongst the best of the industry. MMM outperforms 100.00% of its industry peers.
  • The Return On Invested Capital of MMM (13.64%) is better than 100.00% of its industry peers.
  • MMM had an Average Return On Invested Capital over the past 3 years of 12.18%. This is above the industry average of 8.00%.
  • The 3 year average ROIC (12.18%) for MMM is below the current ROIC(13.64%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 8.61%
ROE 68.46%
ROIC 13.64%
ROA(3y)1.75%
ROA(5y)6.05%
ROE(3y)10.52%
ROE(5y)22.03%
ROIC(3y)12.18%
ROIC(5y)11.3%
MMM Yearly ROA, ROE, ROICMMM Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 50 -50 100 -100

1.3 Margins

  • The Profit Margin of MMM (13.03%) is better than 100.00% of its industry peers.
  • In the last couple of years the Profit Margin of MMM has declined.
  • With an excellent Operating Margin value of 19.29%, MMM belongs to the best of the industry, outperforming 85.71% of the companies in the same industry.
  • MMM's Operating Margin has declined in the last couple of years.
  • With an excellent Gross Margin value of 39.91%, MMM belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
  • MMM's Gross Margin has declined in the last couple of years.
Industry RankSector Rank
OM 19.29%
PM (TTM) 13.03%
GM 39.92%
OM growth 3Y36.93%
OM growth 5Y-2.37%
PM growth 3Y-16.13%
PM growth 5Y-5.11%
GM growth 3Y0.43%
GM growth 5Y-3.86%
MMM Yearly Profit, Operating, Gross MarginsMMM Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20 40

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ROAROEROICOperating and Profit MarginShow most profitable peers

5

2. Health

2.1 Basic Checks

  • MMM has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
  • MMM has less shares outstanding than it did 1 year ago.
  • The number of shares outstanding for MMM has been reduced compared to 5 years ago.
  • MMM has a worse debt/assets ratio than last year.
MMM Yearly Shares OutstandingMMM Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M 400M 500M
MMM Yearly Total Debt VS Total AssetsMMM Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10B 20B 30B 40B 50B

2.2 Solvency

  • The Debt to FCF ratio of MMM is 9.33, which is on the high side as it means it would take MMM, 9.33 years of fcf income to pay off all of its debts.
  • MMM has a Debt to FCF ratio of 9.33. This is amongst the best in the industry. MMM outperforms 85.71% of its industry peers.
  • MMM has a Debt/Equity ratio of 2.30. This is a high value indicating a heavy dependency on external financing.
  • With a Debt to Equity ratio value of 2.30, MMM perfoms like the industry average, outperforming 57.14% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 2.3
Debt/FCF 9.33
Altman-Z N/A
ROIC/WACC1.66
WACC8.23%
MMM Yearly LT Debt VS Equity VS FCFMMM Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B

2.3 Liquidity

  • MMM has a Current Ratio of 1.71. This is a normal value and indicates that MMM is financially healthy and should not expect problems in meeting its short term obligations.
  • MMM has a better Current ratio (1.71) than 85.71% of its industry peers.
  • MMM has a Quick Ratio of 1.33. This is a normal value and indicates that MMM is financially healthy and should not expect problems in meeting its short term obligations.
  • MMM's Quick ratio of 1.33 is fine compared to the rest of the industry. MMM outperforms 71.43% of its industry peers.
Industry RankSector Rank
Current Ratio 1.71
Quick Ratio 1.33
MMM Yearly Current Assets VS Current LiabilitesMMM Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. Growth

3.1 Past

  • The Earnings Per Share has been growing slightly by 1.00% over the past year.
  • The Earnings Per Share has been decreasing by -1.63% on average over the past years.
  • Looking at the last year, MMM shows a small growth in Revenue. The Revenue has grown by 1.52% in the last year.
  • Measured over the past years, MMM shows a decrease in Revenue. The Revenue has been decreasing by -4.97% on average per year.
EPS 1Y (TTM)1%
EPS 3Y-7.24%
EPS 5Y-1.63%
EPS Q2Q%8.93%
Revenue 1Y (TTM)1.52%
Revenue growth 3Y-1.57%
Revenue growth 5Y-4.97%
Sales Q2Q%3.7%

3.2 Future

  • Based on estimates for the next years, MMM will show a small growth in Earnings Per Share. The EPS will grow by 5.78% on average per year.
  • The Revenue is expected to grow by 3.91% on average over the next years.
EPS Next Y8.36%
EPS Next 2Y8.58%
EPS Next 3Y7.86%
EPS Next 5Y5.78%
Revenue Next Year3.42%
Revenue Next 2Y3.31%
Revenue Next 3Y3.13%
Revenue Next 5Y3.91%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
MMM Yearly Revenue VS EstimatesMMM Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 10B 20B 30B
MMM Yearly EPS VS EstimatesMMM Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2 4 6 8 10

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Find the best growth stocksShow best growing peers

4

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 21.66, which indicates a rather expensive current valuation of MMM.
  • Based on the Price/Earnings ratio, MMM is valued a bit cheaper than 71.43% of the companies in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 27.67, MMM is valued a bit cheaper.
  • Based on the Price/Forward Earnings ratio of 19.99, the valuation of MMM can be described as rather expensive.
  • MMM's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. MMM is cheaper than 71.43% of the companies in the same industry.
  • When comparing the Price/Forward Earnings ratio of MMM to the average of the S&P500 Index (27.69), we can say MMM is valued slightly cheaper.
Industry RankSector Rank
PE 21.66
Fwd PE 19.99
MMM Price Earnings VS Forward Price EarningsMMM Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of MMM indicates a somewhat cheap valuation: MMM is cheaper than 71.43% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 68.71
EV/EBITDA N/A
MMM Per share dataMMM EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 10 20 30 40

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates MMM does not grow enough to justify the current Price/Earnings ratio.
  • The excellent profitability rating of MMM may justify a higher PE ratio.
PEG (NY)2.59
PEG (5Y)N/A
EPS Next 2Y8.58%
EPS Next 3Y7.86%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

3

5. Dividend

5.1 Amount

  • MMM has a Yearly Dividend Yield of 1.89%. Purely for dividend investing, there may be better candidates out there.
  • MMM's Dividend Yield is a higher than the industry average which is at 4.52.
  • MMM's Dividend Yield is comparable with the S&P500 average which is at 1.80.
Industry RankSector Rank
Dividend Yield 1.89%

5.2 History

  • The dividend of MMM decreases each year by -8.82%.
  • MMM has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-8.82%
Div Incr Years0
Div Non Decr Years0
MMM Yearly Dividends per shareMMM Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1 2 3 4 5

5.3 Sustainability

DP0%
EPS Next 2Y8.58%
EPS Next 3Y7.86%
MMM Yearly Income VS Free CF VS DividendMMM Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B -2B 4B -4B 6B -6B

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Find the best dividend stocksShow peers with best dividend

3M CO

NYSE:MMM (2/12/2026, 8:04:00 PM)

After market: 175.25 +0.64 (+0.37%)

174.61

+1.76 (+1.02%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryIndustrial Conglomerates
Earnings (Last)01-20
Earnings (Next)04-20
Inst Owners74.31%
Inst Owner Change-1.41%
Ins Owners0.03%
Ins Owner Change4.9%
Market Cap92.76B
Revenue(TTM)24.95B
Net Income(TTM)3.25B
Analysts75.65
Price Target176.62 (1.15%)
Short Float %1.4%
Short Ratio2.26
Dividend
Industry RankSector Rank
Dividend Yield 1.89%
Yearly Dividend3.63
Dividend Growth(5Y)-8.82%
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)2.6%
Min EPS beat(2)0.72%
Max EPS beat(2)4.49%
EPS beat(4)4
Avg EPS beat(4)4.2%
Min EPS beat(4)0.72%
Max EPS beat(4)6.18%
EPS beat(8)8
Avg EPS beat(8)5.76%
EPS beat(12)12
Avg EPS beat(12)9.27%
EPS beat(16)15
Avg EPS beat(16)7.77%
Revenue beat(2)1
Avg Revenue beat(2)-0.32%
Min Revenue beat(2)-0.73%
Max Revenue beat(2)0.1%
Revenue beat(4)1
Avg Revenue beat(4)-0.38%
Min Revenue beat(4)-0.73%
Max Revenue beat(4)0.1%
Revenue beat(8)3
Avg Revenue beat(8)-0.15%
Revenue beat(12)4
Avg Revenue beat(12)-1.84%
Revenue beat(16)5
Avg Revenue beat(16)-7.71%
PT rev (1m)1.89%
PT rev (3m)2.07%
EPS NQ rev (1m)-0.7%
EPS NQ rev (3m)-0.22%
EPS NY rev (1m)0.03%
EPS NY rev (3m)0.06%
Revenue NQ rev (1m)-0.31%
Revenue NQ rev (3m)-0.05%
Revenue NY rev (1m)0.33%
Revenue NY rev (3m)0.35%
Valuation
Industry RankSector Rank
PE 21.66
Fwd PE 19.99
P/S 3.72
P/FCF 68.71
P/OCF 41.04
P/B 19.54
P/tB N/A
EV/EBITDA N/A
EPS(TTM)8.06
EY4.62%
EPS(NY)8.73
Fwd EY5%
FCF(TTM)2.54
FCFY1.46%
OCF(TTM)4.25
OCFY2.44%
SpS46.96
BVpS8.94
TBVpS-5.22
PEG (NY)2.59
PEG (5Y)N/A
Graham Number40.26
Profitability
Industry RankSector Rank
ROA 8.61%
ROE 68.46%
ROCE 17.1%
ROIC 13.64%
ROICexc 17.28%
ROICexgc 26.14%
OM 19.29%
PM (TTM) 13.03%
GM 39.92%
FCFM 5.41%
ROA(3y)1.75%
ROA(5y)6.05%
ROE(3y)10.52%
ROE(5y)22.03%
ROIC(3y)12.18%
ROIC(5y)11.3%
ROICexc(3y)15.69%
ROICexc(5y)13.95%
ROICexgc(3y)26.61%
ROICexgc(5y)26.21%
ROCE(3y)15.47%
ROCE(5y)14.28%
ROICexgc growth 3Y37.38%
ROICexgc growth 5Y-7.15%
ROICexc growth 3Y53.86%
ROICexc growth 5Y1.26%
OM growth 3Y36.93%
OM growth 5Y-2.37%
PM growth 3Y-16.13%
PM growth 5Y-5.11%
GM growth 3Y0.43%
GM growth 5Y-3.86%
F-Score5
Asset Turnover0.66
Health
Industry RankSector Rank
Debt/Equity 2.3
Debt/FCF 9.33
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales 3.65%
Interest Coverage 250
Cash Conversion N/A
Profit Quality 41.54%
Current Ratio 1.71
Quick Ratio 1.33
Altman-Z N/A
F-Score5
WACC8.23%
ROIC/WACC1.66
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)5.01%
Cap/Sales(5y)5.25%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)1%
EPS 3Y-7.24%
EPS 5Y-1.63%
EPS Q2Q%8.93%
EPS Next Y8.36%
EPS Next 2Y8.58%
EPS Next 3Y7.86%
EPS Next 5Y5.78%
Revenue 1Y (TTM)1.52%
Revenue growth 3Y-1.57%
Revenue growth 5Y-4.97%
Sales Q2Q%3.7%
Revenue Next Year3.42%
Revenue Next 2Y3.31%
Revenue Next 3Y3.13%
Revenue Next 5Y3.91%
EBIT growth 1Y-3.93%
EBIT growth 3Y34.78%
EBIT growth 5Y-7.22%
EBIT Next Year31.09%
EBIT Next 3Y12.37%
EBIT Next 5Y10.54%
FCF growth 1Y111.6%
FCF growth 3Y-29.43%
FCF growth 5Y-27.22%
OCF growth 1Y24.24%
OCF growth 3Y-26.06%
OCF growth 5Y-22.56%

3M CO / MMM FAQ

What is the ChartMill fundamental rating of 3M CO (MMM) stock?

ChartMill assigns a fundamental rating of 5 / 10 to MMM.


What is the valuation status of 3M CO (MMM) stock?

ChartMill assigns a valuation rating of 4 / 10 to 3M CO (MMM). This can be considered as Fairly Valued.


Can you provide the profitability details for 3M CO?

3M CO (MMM) has a profitability rating of 8 / 10.


What is the valuation of 3M CO based on its PE and PB ratios?

The Price/Earnings (PE) ratio for 3M CO (MMM) is 21.66 and the Price/Book (PB) ratio is 19.54.


What is the expected EPS growth for 3M CO (MMM) stock?

The Earnings per Share (EPS) of 3M CO (MMM) is expected to grow by 8.36% in the next year.