3M Company (MMM) stock analysis
Company overview and business model
Source fact: 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.
Classification: NYSE · Industrials · Conglomerates
Revenue and growth
Source fact: Revenue was USD 24.95 billion for the period ending 2025-12-31.
Caverian calculation: Revenue changed +1.5% (FY2025 vs FY2024).
Profitability
Source fact: Net income was USD 3.25 billion in the latest reported period.
Source metric: Reported net margin was 13.0%.
Balance sheet and liquidity
Source fact: Cash and equivalents were USD 5.24 billion.
Source fact: Total debt was USD 12.60 billion.
Source metric: Current ratio was 1.71x.
Cash-flow analysis
Source fact: Operating cash flow was USD 2.31 billion.
Source fact: Free cash flow was USD 1.40 billion.
Valuation
Source metrics: Trailing P/E 31.58x; Forward P/E 18.21x; Price to book 31.11x; Price to sales 3.65x; EV/EBITDA 15.58x.
Caverian model output: Value score was 33/100.
Competitive position
Classification: Peer context: Conglomerates within Industrials.
Caverian model output: Quality score was 68/100.
Caverian model output: Growth score was 45/100.
Material risks
Caverian calculation: Altman Z-score was 4.42 (safe zone).
Caverian calculation: Piotroski F-score was 5/9.
Data sources and freshness
Freshness: This report uses a stored upstream snapshot; statement periods are shown alongside the figures.
Methodology and limitations
Facts reproduce stored upstream fields. Calculations derive only from the displayed stored statements. Model outputs are Caverian interpretations, not investment advice or a buy/sell recommendation.
How Caverian approaches valuation · Sources and product principles