3M Company MMM
Stock research in plain language · As of Oct 04, 2026 · updated once a week, after the trading week closes
What the company does
3M Company is a large-cap company in the Industrials sector (Conglomerates), with a market value of $83.5B, based in the USA.
It employs about 60,500 people and has been listed since Jan 02, 1970.
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.
Cheap or expensive? priced in line with its group
Its price-to-earnings (P/E) is 29.0 versus 29.0 for the median of the Industrials sector in our universe (21 companies) — priced in line with its group.
Revenue is growing 2% versus the same quarter last year.
On analysts' next-year forecasts the multiple drops to 17.8 — they expect higher earnings.
The average analyst price target is 186.98, 16% above the current price (their view, not ours).
The stock sits at 52% of its one-year range (0% = the low, 100% = the high).
The risks
- ⚠️ Net debt is 3.1× shareholders' equity — high leverage.
Strengths
- ✅ Profitable — 14 of every 100 dollars of revenue stays as profit.
- ✅ Generates free cash flow — profit becomes cash in the bank.
- ✅ Buys back its shares (3% fewer shares in a year).
- ✅ Most analysts rate it buy (9 vs 2).
- ✅ Pays a dividend (1.9% a year).
What changed this week
Over the past week the stock fell 4.5% (for comparison: S&P 500 -0.2%, sector ETF XLI -0.3%).
This week's news
- What Was Behind Bernstein’s 3M Upgrade, And Why It Isn’t a Buy? finance.yahoo.com · 2026-10-01
- Honeywell Technologies Selected for $300M Dangote Refinery Project finance.yahoo.com · 2026-10-01
- A Customer Challenge Inspired the 3M Adhesive Mix Monitor finance.yahoo.com · 2026-09-29
- Cintas (CTAS)’s Strong Quarter Is Clear. The Valuation Is the Harder Question finance.yahoo.com · 2026-09-29
- A Look Back at General Industrial Machinery Stocks’ Q2 Earnings: 3M (NYSE:MMM) Vs The Rest Of The Pack finance.yahoo.com · 2026-09-28
A description of facts from the filings and the market — not investment advice or a recommendation. "Cheap" and "expensive" are always relative to the comparison group.