MMM Stock Analysis: 3M | NYSE
Conglomerates | NYSE, USA | Market Cap: 87.461m USD | 12M Return: 19.4% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 546M
EPS Trend: -62.8%
Qual. Beats: 2
Rev. Trend: -84.6%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
3M Company (NYSE: MMM) is a global diversified technology and manufacturing firm operating across the Americas, Asia Pacific, Europe, the Middle East, and Africa through three core segments: Safety and Industrial, Transportation and Electronics, and Consumer. As an industrial conglomerate, 3M sells tens of thousands of products spanning abrasives, adhesives, tapes, respiratory protection, reflective materials, semiconductor production supplies, and consumer goods like Post-it notes and Command strips, reaching customers through both direct sales and a broad network of wholesalers, distributors, retailers, and e-commerce channels.
The Safety and Industrial segment is the largest, supplying products to construction, manufacturing, and electrical OEMs. The Transportation and Electronics segment serves automotive, electronics, semiconductor, and data center customers, while the Consumer segment distributes household cleaning, air quality, and office products primarily through retail. 3Ms business model relies on continuous R&D-driven product development, a strategy that has produced durable revenue streams since the companys founding in 1902 and its headquarters in Saint Paul, Minnesota.
- PFAS litigation settlement costs pressure free cash flow
- Solventum spinoff refocuses portfolio on industrials and consumer
- Consumer segment sales decline on weak discretionary demand
| Net Income: 3.00b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.11 > 0.02 and ΔFCF/TA 16.63 > 1.0 |
| NWC/Revenue: 10.85% < 20% (prev 22.84%; Δ -11.99% < -1%) |
| CFO/TA 0.14 > 3% & CFO 4.90b > Net Income 3.00b |
| Net Debt (9.77b) to EBITDA (6.18b): 1.58 < 3 |
| Current Ratio: 1.24 > 1.5 & < 3 |
| Outstanding Shares: last quarter (527.6m) vs 12m ago -3.05% < -2% |
| Gross Margin: 39.40% > 18% (prev 40.65%; Δ -1.24% > 0.5%) |
| Asset Turnover: 69.07% > 50% (prev 64.76%; Δ 4.31% > 0%) |
| Interest Coverage Ratio: 5.50 > 6 (EBIT TTM 4.79b / Interest Expense TTM 870.0m) |
| A: 0.08 (Total Current Assets 14.1b - Total Current Liabilities 11.4b) / Total Assets 34.9b |
| B: 1.11 (Retained Earnings 38.6b / Total Assets 34.9b) |
| C: 0.13 (EBIT TTM 4.79b / Avg Total Assets 36.5b) |
| D: 0.09 (Book Value of Equity 2.95b / Total Liabilities 31.9b) |
| Altman-Z'' = 5.10 = AAA |
| DSRI: 1.02 (Receivables 3.93b/3.76b, Revenue 25.2b/24.6b) |
| GMI: 1.03 (GM 40.65% / 39.40%) |
| AQI: 0.91 (AQ_t 0.40 / AQ_t-1 0.44) |
| SGI: 1.02 (Revenue 25.2b / 24.6b) |
| TATA: -0.05 (NI 3.00b - CFO 4.90b) / TA 34.9b) |
| Beneish M = -3.02 (Cap -4..+1) = AA |
As of July 28, 2026, the stock is trading at USD 178.23 with a total of 3,704,257 shares traded. Over the past week, the price has changed by +12.02%, over one month by +9.73%, over three months by +22.90% and over the past year by +19.41%.
Current recommended Stop Loss: 167.80 (which is 5.9% or 2.2 ATR below the current price).
3M has received a consensus analysts rating of 3.84. Therefore, it is recommended to buy MMM.
- StrongBuy: 9
- Buy: 2
- Hold: 5
- Sell: 2
- StrongSell: 1
| Analysts Target Price | 177.6 | -0.3% |
P/E Trailing = 30.2839
P/E Forward = 19.6464
P/S = 3.4734
P/B = 29.8322
P/EG = 1.7864
Revenue TTM = 25.2b USD
EBIT TTM = 4.79b USD
EBITDA TTM = 6.18b USD
Long Term Debt = 10.9b USD (from longTermDebt, last quarter)
Short Term Debt = 1.65b USD (from shortTermDebt, last quarter)
Debt = 13.1b USD (from shortLongTermDebtTotal, last quarter) + Leases 553.0m
Net Debt = 9.77b USD (calculated: Debt 13.1b - CCE 3.33b)
Enterprise Value = 97.2b USD (87.5b + Debt 13.1b - CCE 3.33b)
Interest Coverage Ratio = 5.50 (Ebit TTM 4.79b / Interest Expense TTM 870.0m)
EV/FCF = 24.40x (Enterprise Value 97.2b / FCF TTM 3.98b)
FCF Yield = 4.10% (FCF TTM 3.98b / Enterprise Value 97.2b)
FCF Margin = 15.83% (FCF TTM 3.98b / Revenue TTM 25.2b)
Net Margin = 11.90% (Net Income TTM 3.00b / Revenue TTM 25.2b)
Gross Margin = 39.40% ((Revenue TTM 25.2b - Cost of Revenue TTM 15.3b) / Revenue TTM)
Gross Margin QoQ = 41.28% (prev 40.73%)
Tobins Q-Ratio = 2.78 (Enterprise Value 97.2b / Total Assets 34.9b)
Interest Expense / Debt = 6.64% (Interest Expense 870.0m / Debt 13.1b)
Taxrate = 22.97% (897.0m / 3.90b)
NOPAT = 3.69b (EBIT 4.79b * (1 - 22.97%))
Current Ratio = 1.24 (Total Current Assets 14.1b / Total Current Liabilities 11.4b)
Debt / Equity = 4.44 (Debt 13.1b / totalStockholderEquity, last quarter 2.95b)
Debt / EBITDA = 1.58 (Net Debt 9.77b / EBITDA 6.18b)
Debt / FCF = 2.45 (Net Debt 9.77b / FCF TTM 3.98b)
Total Stockholder Equity = 3.89b (last 4 quarters mean from totalStockholderEquity)
RoA = 8.22% (Net Income 3.00b / Total Assets 34.9b)
RoE = 77.12% (Net Income TTM 3.00b / Total Stockholder Equity 3.89b)
RoCE = 32.37% (EBIT 4.79b / Capital Employed (Equity 3.89b + L.T.Debt 10.9b))
RoIC = 15.41% (NOPAT 3.69b / Invested Capital 23.9b)
WACC = 8.09% (E(87.5b)/V(101b) * Re(8.54%) + D(13.1b)/V(101b) * Rd(6.64%) * (1-Tc(0.23)))
Discount Rate = 8.54% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -97.54 | Cagr: -2.30%
[DCF] Terminal Value 75.44% ; FCFF base≈3.98b ; Y1≈4.00b ; Y5≈4.24b
[DCF] Fair Price = 108.9 (EV 65.9b - Net Debt 9.77b = Equity 56.2b / Shares 515.7m; r=8.35% [WACC [floored]]; 5y FCF grow 0.0% → 2.50% )
EPS Correlation: -62.79 | EPS CAGR: -5.70% | SUE: 2.03 | # QB: 2
Revenue Correlation: -84.57 | Revenue CAGR: -10.18% | SUE: 0.31 | # QB: 0
EPS current Quarter (2026-09-30): EPS=2.38 | Chg30d=+0.93% | Revisions=+29% | Analysts=12
EPS current Year (2026-12-31): EPS=8.84 | Chg30d=+1.67% | Revisions=+57% | GrowthEPS=+9.7% | GrowthRev=+4.3%
EPS next Year (2027-12-31): EPS=9.58 | Chg30d=+1.16% | Revisions=+29% | GrowthEPS=+8.3% | GrowthRev=+3.6%
[Analyst] Revisions Ratio: +53% (up=10, down=2)