3M Company logo

3M Company(MMM)

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EXPLORE ADVISORIES AND THEIR HISTORY
QUALITY SIGNAL RECENCY
4-STAR RATING
STRONG BUY
BUY for 4 days
PROFIT SINCE LAST BUY
+3.22% ▲
LAST CLOSE
$178.36
11/02/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
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Upturn Stock price based on last close iconStock price based on last close
Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Advisory Performance History (Simulated)Advisory Performance History info

Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Upturn Advisory & Investor View for MMM

11/02/2026: MMM (4-star) is a STRONG-BUY. BUY for 4 days. Simulated Profits (3.22%). Updated daily EoD!

3M is a diversified global industrial manufacturer known for its extensive portfolio of products ranging from consumer household staples like Post-it and Scotch to specialized B2B industrial solutions. The company is currently undergoing a significant transition, following the spin-off of its healthcare business and a focus on resolving major legal liabilities. While 3M has a long-standing reputation for R&D and as a dividend-paying stock, its financial performance is presently tied to restructuring outcomes and litigation costs. Investors should monitor the company's ability to maintain margins and resolve environmental challenges. It may suit income-oriented investors, though the legal and operational risks require careful consideration.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorMixed fit3M is a mature company prioritizing restructuring over aggressive top-line growth.
Momentum investorWeak fitThe stock has faced significant headwinds from legal litigation, limiting short-term momentum.
Value investorStrong fit while signal remains positiveThe company trades at valuations that may appeal to value investors looking for potential recovery.
Dividend investorStrong fit3M remains a notable income stock despite the recent recalibration of its dividend payout.
Low-risk investorMixed fitWhile established, the ongoing legal and regulatory liabilities introduce risk volatility.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityMedium / highLegal settlements and cyclical industrial exposure create periodic stock price swings.
Valuation riskMediumThe stock often trades based on sentiment regarding litigation resolution rather than pure earnings multiples.
Competition risk (Industrial Conglomerates)Medium3M faces stiff competition from specialized global players in every segment.
Business qualityStrongThe underlying business maintains a vast patent moat and essential product portfolio.
Dividend incomeStrong3M has a very long history of shareholder payouts.
Execution riskMedium / highSuccessfully navigating a simplified corporate structure is critical to future performance.

Price Behavior

Strong Uptrend
PRICE PATH

Strong Uptrend

The stock has maintained a strong upward price trend across the last three quarters.

Smooth
PRICE STABILITY

Smooth

The stock has moved along a generally orderly path with only modest fluctuations.

Analysis of Past Performance

Type Stock
Historic Profit 59.46%
Avg. Invested days 67
Today’s Advisory Strong Buy
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 5.0
Stock Returns Performance Upturn Returns Performance icon 3.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 11/02/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
MMM receives a 4-star rating, supported by solid company fundamentals, solid quantitative characteristics, and solid analyst coverage. The rating is constrained by weak price momentum, and limited analyst upside.

Company Fundamentals

★★★★★
MMM has solid overall fundamentals (4 stars), with solid financial health, moderate growth momentum, and solid ownership. In FY2025 versus FY2024, solid cash generation (FCF margin 5.6%) and solid profitability (net margin 13.0%) are partially offset by negative earnings growth (-22.1%), moderate revenue growth (+1.5%), very low insider ownership of 0.10%.

Financial Health Rating

★★★★★
MMM's financial health is supported by strong cash strength, including free-cash-flow generation of $1.4B (5.6% of revenue). Profitability is moderate (3 stars), which helps explain the 4-star overall score.

Growth Momentum Score

★★★★★
Free-cash-flow growth is MMM's strongest growth driver at +118.8% FY2025 versus FY2024 (strong, 5 stars). By comparison, while revenue growth (+1.5%, moderate) and earnings growth (-22.1%, negative) hold the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 76.7% and approximately 100.0% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership is only 0.10%, which materially reduces the ownership score.

Top 5 Institutional Investors

BlackRock Inc 8.74%
JPMorgan Chase & Co 7.65%
Vanguard Capital Management, LLC 6.61%
State Street Corp 5.40%
Geode Capital Management, LLC 2.32%

Unit Economics (Per $1K Revenue)

★★★★★
MMM generates approximately $396 of gross profit, $183 of operating income, and $56 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Moderate margins and weak cash conversion support a 3-star rating, while capital efficiency is strong.

Economic Dimensions

★★★★★
Effective Tax Rate: 23.81%

Quantitative Style Profile

★★★★★
MMM has a high-quality, large-cap, liquid profile. Weak momentum is the primary drawback, while valuation that is moderately attractive rather than deeply discounted.

Style Classification

Quality Focused

Quality TiltLarge / Mega Cap StabilityHighly Liquid / Institution-Friendly

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 89.91B USD
Price to earnings Ratio 26.02
1Y Target Price 189.62
Price to earnings Ratio 26.02
1Y Target Price 189.62
Volume (30-day avg) 3.3M shares
Beta 1.06
52 Weeks Range 138.02 - 184.09
Updated Date 11/01/2026
52 Weeks Range 138.02 - 184.09
Updated Date 11/01/2026
Dividends yield (FY) 1.73%
Basic EPS (TTM) 6.7

How Company Makes Money

Business areaWhat it includesRetail investor read
Safety and IndustrialPersonal protective equipment, adhesives, and abrasives.The backbone of the company, providing steady demand from industrial manufacturers.
Transportation and ElectronicsMaterials for automotive and electronic devices.A cyclical area linked to vehicle production and electronic device manufacturing trends.
ConsumerPost-it, Scotch, and Filtrete.Household name-brand products that provide predictable, non-cyclical revenue.
GeographyGlobal sales across North America, EMEA, and Asia.3M is highly diversified globally, reducing reliance on any single country's economy.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date 2026-10-20
When Before Market
Estimate 2.4
Actual 2.5

Profitability

Profit Margin 14.01%
Operating Margin (TTM) 23.69%

Management Effectiveness

Return on Assets (TTM) 8.22%
Return on Equity (TTM) 72.97%

Valuation

Trailing PE 26.02
Forward PE 17.79
Enterprise Value 99.76B
Price to Sales(TTM) 3.56
Enterprise Value 99.76B
Price to Sales(TTM) 3.56
Enterprise Value to Revenue 3.95
Enterprise Value to EBITDA 14.87
Shares Outstanding 515.72M
Shares Floating 515.85M
Shares Outstanding 515.72M
Shares Floating 515.85M
Percent Insiders 0.1
Percent Institutions 76.66

Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

Form CRS provides a relationship summary of our automated advisory services, flat subscription fees, and conflicts of interest. Form ADV Part 2A brochure contains complete details on services, billing, and disclosures. If any summary differs from our current regulatory filings, the filed Form ADV controls.