Is 3M (MMM) overvalued or fairly valued?

MarketChacha shows 3M's valuation in context — a trailing P/E of about 30.7, a forward P/E of about 18.5, a price-to-book of about 31.6 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does 3M's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (25.25×) from reported figures — education, not a rating.

What is 3M's revenue?

3M reported revenue of $24.9B for FY2025, with net profit of $3.3B, per official filings.

What is the share price of 3M (MMM)?

3M last traded at $180.94 (+0.4% on the day), as of 8/18/2026 — a delayed quote shown for education, not investment advice.

3M

MMM · NYSE · Industrials · United States

Snapshot

TickerMMM

ExchangeNYSE

SectorIndustrials

IndustryConglomerates

CountryUnited States

Employees60,500

HeadquartersSaint Paul, United States

Websitewww.3m.com

Filings tracked13

About 3M

3M Company provides diversified technology services in the America, the Asia Pacific, Europe, the Middle East, Africa, and internationally. It operates through three segments: Safety and Industrial, Transportation and Electronics, and Consumer. The Safety and Industrial segment provides industrial abrasives and finishing for metalworking applications; autobody repair solutions; industrial specialty products, such as personal hygiene products, masking, and packaging materials; electrical products and materials for construction and maintenance, power distribution, and electrical original equipment manufacturers; structural adhesives and tapes; respiratory, hearing, eye, and fall protection solutions; and natural and color-coated mineral granules for shingles. The Transportation and Electronics segment provides ceramic solutions; attachment and bonding, films, sound, and temperature management for transportation vehicles; format graphic films for advertising and fleet signage; reflective signage for highway and vehicle safety; light management films and electronics assembly solutions; chip packaging and interconnection solutions; semiconductor production materials; and data center solutions. The Consumer segment offers cleaning products for the home; consumer air quality products; picture hanging accessories; retail abrasives, paint accessories, and safety products; stationery and office products; automotive appearance products; and consumer bandages, tapes, braces, and supports. It serves automotive; commercial solutions; consumer markets; design and construction; electronics; energy; government; manufacturing; safety; transportation industries. The company offers its products through e-commerce and traditional wholesalers, retailers, jobbers, distributors, channel partner, and dealers, as well as directly to users. 3M Company was founded in 1902 and is headquartered in Saint Paul, Minnesota.

Who owns it

Insiders0.1%
Institutions77.0%
Public & other22.9%

2,807 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.8.74%
JPMORGAN CHASE & CO7.65%
Vanguard Capital Management LLC6.61%
State Street Corporation5.40%
Geode Capital Management, LLC2.32%
Vanguard Portfolio Management LLC1.85%
Capital World Investors1.63%
State Farm Mutual Automobile Insurance Co1.54%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Cash conversion25.25×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend-28.4% → 13.0%

Margin has expanded by about 41.5 points — the business is getting more profitable.

Return on equity69.1%

Latest ROE of 69.1% — capital is generating a healthy return.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $6.3B · EPS 2.01

Est. earnings growth +9.9%

Next fiscal year

Rev $26.5B · EPS 9.78

Est. earnings growth +9.3%

Analyst consensus estimates — not the company's own guidance.

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P/E ROE ROCE Margins Market cap

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$24.9B

Net margin

13.0%

ROE

69.1%

Revenue CAGR (2y)

+0.7%

EPS (FY2025)

6.00

Net profit (FY2025)

$3.3B

Ask MarketChacha about MMM

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Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$24.9B	$3.3B	6.00	13.0%	69.1%
FY2024	$24.6B	$4.2B	7.55	17.0%	108.6%
FY2023	$24.6B	$-7.0B	-12.63	-28.4%	-145.5%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q2	$6.5B	$933.0M	1.78	14.4%
2026Q1	$6.0B	$653.0M	1.23	10.8%
2025Q3	$6.5B	$834.0M	1.55	12.8%
2025Q2	$6.3B	$723.0M	1.34	11.4%
2025Q1	$6.0B	$1.1B	2.04	18.7%
2024Q4	$6.0B	$728.0M	1.33	12.1%
2024Q3	$6.3B	$1.4B	2.48	21.8%
2024Q2	$6.3B	$1.1B	2.07	18.3%
2024Q1	$6.0B	$928.0M	1.67	15.4%
2023Q4	$6.0B	$945.0M	1.70	15.7%
2023Q3	$6.3B	$-2.1B	-3.74	-33.1%
2023Q2	$6.3B	$-6.8B	-12.35	-108.9%
2023Q1	$6.1B	$976.0M	1.76	16.1%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

8-K — Results of operations, Exhibits
SEC7/21/2026material
10-Q filing
SEC7/21/2026
8-K — Executive/director change, Exhibits
SEC6/8/2026material
8-K — Shareholder vote results
SEC5/13/2026material
8-K — Material agreement, Material financial obligation
SEC5/6/2026material
8-K — Results of operations, Exhibits
SEC4/21/2026material
10-Q filing
SEC4/21/2026
8-K — Executive/director change
SEC2/5/2026material
10-K filing
SEC2/3/2026
8-K — Results of operations, Exhibits
SEC1/20/2026material

2025

8-K — Results of operations, Exhibits
SEC10/21/2025material
10-Q filing
SEC10/21/2025
8-K — Executive/director change
SEC8/15/2025material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.