3M (MMM): financials, SEC filings and peers
3M (MMM) is an industrial conglomerates company in the Industrials sector of the S&P 500, headquartered in Saint Paul, Minnesota.
It was founded in 1902 and joined the S&P 500 on March 4, 1957.
Its fiscal year ends in December, and its shares trade on the NYSE.
In its SEC filings it is classified as “Surgical & Medical Instruments & Apparatus”.
3M at a glance
- Revenue (12 months)
- $25.2B
- Revenue growth
- +1.7%
- Operating margin
- 18.8%
- Net income (12 months)
- $3.5B
- Free cash flow (12 months)
- $2.7B
- Cash
- $4.8B
- Debt
- $15.0B
- Diluted EPS (12 months)
- $6.71
Twelve months to September 30, 2026, from the 10-Q filed October 20, 2026.
Latest twelve months
Over the twelve months to September 30, 2026, 3M reported revenue of $25.2 billion, about the same as a year earlier (+1.7%).
Its operating margin was 18.8%, down 1.1 percentage points from a year earlier: for every $100 of sales, about $19 was left as operating profit.
Net income was $3.5 billion (14.0% of revenue), 4.0% higher than a year earlier.
Operating cash flow was $3.6 billion and capital spending $952 million, leaving free cash flow of $2.7 billion (10.6% of revenue).
At the end of the period it held $4.8 billion in cash and $15.0 billion in debt, a net debt position of $10.2 billion.
The diluted share count fell 2.9% in a year, typically the result of buybacks.
Five-year trend
- Revenue went from $32.2 billion in fiscal 2020 to $24.9 billion in fiscal 2025, a decline of about 5.0% a year.
- Operating margin narrowed from 22.3% to 18.6% over the same years.
- Free cash flow was positive in each of the last 6 fiscal years.
- 3M reported a net loss in 1 of the last 6 fiscal years.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $35.4B | $26.2B | $24.6B | $24.6B | $24.9B |
| Revenue growth | 9.9% | -26.0% | -5.9% | -0.1% | 1.5% |
| Operating margin | 20.8% | 16.7% | -43.4% | 19.6% | 18.6% |
| Net income | $5.9B | $5.8B | −$7.0B | $4.2B | $3.3B |
| Free cash flow | $5.9B | $3.8B | $5.1B | $638M | $1.4B |
| Diluted EPS | $10.12 | $10.18 | $-12.63 | $7.55 | $6.00 |
Fiscal years as reported in 3M’s 10-K filings. Free cash flow is operating cash flow minus capital spending.
Recent SEC filings
- 8-K filed November 4, 2026 — Material agreement; Other event
- 10-Q filed October 20, 2026 — quarterly report
- 8-K filed October 20, 2026 — Earnings results
- 8-K filed October 19, 2026 — Regulation FD disclosure
- 8-K filed September 10, 2026 — Other event
- 8-K filed August 19, 2026 — Material agreement; Agreement terminated
- 10-Q filed July 21, 2026 — quarterly report
- 8-K filed July 21, 2026 — Earnings results
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Questions about 3M
Is 3M's revenue growing?
Yes. Revenue for the twelve months to September 30, 2026 was $25.2 billion, up 1.7% from a year earlier, according to its SEC filings.
Is 3M profitable?
Yes. It earned $3.5 billion in net income over the twelve months to September 30, 2026, a net margin of 14.0%.
Does 3M have more cash or more debt?
At September 30, 2026 it had $4.8 billion in cash and $15.0 billion in debt, so more debt than cash.
When did 3M last file financial results?
Its latest quarterly report (10-Q) was filed with the SEC on October 20, 2026.
Which companies are similar to 3M?
In the S&P 500, 3M is grouped in Industrial Conglomerates within the Industrials sector. DuPont (DD), Honeywell Technologies (HON) are in the same group.
Understand the numbers
Source: 3M’s filings with the U.S. Securities and Exchange Commission (EDGAR), retrieved November 11, 2026. Figures are as reported by the company and may be restated. This page is for information only and is not financial advice.