3M Company
NYSE: MMM
Stock price
159.84 USD
(+Infinity%) NaN day
Financial Performance
5Y price score: (5)
The price score is a basic measure of the stock's performance against the S&P 500 Index over a five-year period.
A score of 100 indicates that the stock did as well as the S&P 500 Index.
A score below 100 means the stock underperformed the index, while a score above 100 means it outperformed the S&P 500.
10Y return: 33.9%
US$ Per
Share
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139.3
52-week range
177.4
Your model inputs
Your fair value & Margin of safety
To calculate fair value based on cost of capital and terminal growth assumptions above, please select free cash flow forecast.
Forecast:
Valuation
Free Cash Flow Yield
2.4 %
Dividend Yield TTM
1.9 %
Market cap $
$ 83,367
Price / Earnings TTM
30.8
Price / Book TTM
25.9
PEG TTM
(1.5)
Earnings growth and return
LTM
5YR
10YR
Total return (price & dividends)
2.3 %
8.6 %
33.8 %
Free cash flow per share growth
124.2 %
(77.2) %
(66.7) %
Earnings per share growth
(20.5) %
(35.9) %
(20.8) %
Business Summary:
Latest Earnings Call Takeaways
2026 Q1 (Apr 21, 2026)
1) Strategy & Leadership
- 3M's Chairman and CEO, Bill Brown, emphasized solid operating performance in Q1 2026, with a focus on productivity, cost discipline, and commercial rigor.
- The company is transitioning from a holding company to an operating company model, aiming to simplify processes and improve resilience.
- 3M is investing over $250 million in automation across plants and distribution centers to enhance efficiency and support demand recovery.
- The company has closed on the sale of its precision grinding and finishing business, reducing its manufacturing footprint by 7 factories.
2) Financial & Segment Results
- Q1 earnings per share (EPS) were $2.14, a mid-teens increase YoY.
- Operating margin improved by 30 basis points to 23.8%.
- Free cash flow exceeded $500 million, up double digits YoY.
- Organic sales growth was 1.2%, with orders up slightly over 10% and backlog growing double digits.
- The Safety and Industrial business group grew over 3%, while Transportation and Electronics remained flat, impacted by consumer electronics weakness.
3) Problems / Headwinds
- The company faced macro pressures affecting approximately 40% of its portfolio, particularly in consumer electronics and automotive sectors.
- Tariff impacts and stranded costs amounted to approximately $145 million in Q1.
- The U.S. consumer discretionary spending remains soft, impacting the Consumer business group, which saw a 1% decline in organic sales.
4) Operational or Product Plans
- 3M launched 84 new products in Q1, a 35% increase YoY, and is on track to launch 350 products in 2026.
- The company is focusing on commercial excellence initiatives, which have led to improved sales effectiveness and reduced customer attrition.
- The acquisition of Madison Fire & Rescue will enhance 3M's safety portfolio, creating an $800 million revenue business.
- The company is ramping up production for its new Expanded Beam Optics technology, addressing data transfer bottlenecks in AI processing.
5) Guidance & Outlook / Investor Angle
- 3M is maintaining its full-year 2026 guidance for organic sales growth of approximately 3% and EPS between $8.50 to $8.70.
- The company expects free cash flow conversion to exceed 100%, with a target of more than $4.5 billion for the year.
- Management anticipates acceleration in sales growth in Q2 and the second half of the year, driven by strong order momentum and backlog conversion.
- The company has returned $2.4 billion to shareholders in Q1, including $2 billion in share repurchases.
Bottom line: 3M is navigating a challenging macro environment but remains confident in its operational strategies and product innovations, positioning itself for growth acceleration in 2026. The company's focus on productivity and cost management, alongside strategic investments, supports a positive outlook for shareholders.
Annual Reports, Presentations And IR Contacts
Go to the website3M Company — Financial Overview, Stock Price, Market Cap
3M Company is a company. Founded in 1902. As of July 20, 2026, the company's market capitalization is $83367310998 with a current stock price of $159.84.
