3M

MMM · NYSE · USD

$163.02Change from previous close: −0.69%Absolute change: −$1.13

Close · October 1, 2026

Valuation

Data as of October 2, 2026

Valuation multiples

Market cap
$84.07B
Enterprise value
$91.98B
P/E (trailing 12 months)
29.2
Forward P/E
16.6
PEG
1.54
Price/book
28.5
Price/sales
3.34
EV/EBITDA
14.2
EV/revenue
3.65

Profitability and growth

Gross margin
39.4%
Operating margin
20.4%
Net margin
11.9%
ROE
81.9%
ROA
8.7%
Revenue growth (year over year)
2.5%
Earnings growth (year over year)
32.8%

Financial health

Total cash
$5.3B
Total debt
$13.16B
Debt/equity
4.38
Current ratio
1.24
Quick ratio
0.81

Dividends

Annual dividend per share
$3.12
Dividend yield
1.9%
Payout ratio
53.6%
Ex-dividend date
August 24, 2026

Analysts and estimates

Average price target
$186.98
Median price target
$191.85
High price target
$219.00
Low price target
$120.00
Analysts with a price target
18
Consensus
Buy
Forward EPS
$9.83
EPS estimate, current year
$8.94

Shares and trading

Beta
1.07
Average volume
3.12M
Shares outstanding
515.72M
Float
514.86M
Institutional ownership
76.7%
Insider ownership
0.1%
Short interest (% of float)
1.9%
Short ratio (days)
3.57