Company Analysis

3M Company (MMM)

NYSE: MMM · Surgical & Medical Instruments & Apparatus · St Paul, MN · filing with the SEC since 1993
Grade5.6
◀ Past 6.3● Present 5.9▶ Future 4.4

The grade of 3M Company

Nine metrics read from its own filings, by tense
Headline grade
5.6/10
◀ Past6.330% of the headline
● Present5.940% of the headline
▶ Future4.430% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

6.3/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
8.3/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 33% of this tense · 83rd percentile among 121 sector filers · read for itself

From the record

3M Company's filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
3.5/10

What has it actually done, year after year?

-2.1% a year over 10 filed years; profitable in 9 of 10.

weight 45% of this tense · 35th percentile among 105 sector filers · read for its customers

From the record

3M Company's 10 filed years say what it did: revenue went from $30 billion in fiscal 2016 to $25 billion in fiscal 2025, down 2.1% a year; it rose in 5 of 9 years; the deepest fall was 30% from fiscal 2021 to fiscal 2024; net income was positive in 9 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span-2.1%bottom 10% of its family
  • the share of years revenue rosebottom 18% of its family
  • the share of filed years with a profittop 15% of its family
  • the deepest fall from a revenue peak30.5%bottom 26% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
9.3/10

How has it treated the people who own it?

Share count shrank 1.6% a year. 100% of cash flow returned. Insiders: 59 sales, 0 purchases.

weight 22% of this tense · 93rd percentile among 40 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, 3M Company's diluted share count shrank about 1.6% a year, and dividends and buybacks returned about 100% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 59 sales and 0 purchases of their own stock on the open market in the year to 2026-11-02 (their Form 4 filings).

What it rests on

  • the share count over the yearstop 10% of its family
  • cash returned against operating cash flowtop 5% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

5.9/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
6.0/10

Is it financially healthy right now?

ROE 68%: 68¢ of profit per shareholder dollar. Leverage 87%: owes 87¢ per asset dollar.

weight 45% of this tense · 60th percentile among 120 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, 3M Company earned about 68 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 26 cents per dollar of everything the company owns (revenue less the cost of revenue). Leverage: it owed about 87 cents per dollar of assets, and net share issuance: its share count shrank 2.0% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 12% of its family
  • return on equitytop 1% of its family
  • gross profit against assetsbottom 40% of its family
  • the share count against the year beforetop 9% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
6.8/10

How strong is its position in its industry?

top 32% of 109 in its family; net margin 13%.

weight 33% of this tense · 68th percentile among 109 sector filers · read for its customers

From the record

3M Company's standing among 109 graded names in its industry family: revenue of $25 billion in fiscal 2025 ranks in the top 2% by size; a net margin of 13% ranks in the top 13%; revenue growth of -1.6% a year over the last 3 filed years ranks in the bottom 20% (its annual reports).

What it rests on

  • revenue against the family$24.95Btop 2% of its family
  • net margin13.0%top 13% of its family
  • three-year revenue growth-1.6%bottom 20% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
4.2/10

What are the people in charge doing?

bottom 42% of 91 in its family for leadership; chief executive since 2024.

weight 22% of this tense · 42nd percentile among 91 sector filers · read for its shareholders

From the record

3M Company's leadership, from its insiders' filings and its current reports: the chief executive on the record is Brown, William M (Chairman & CEO, as filed), filing under that title since 2024-05-03, 2.5 years (bottom 35% of its family); the 26 officers and directors filing in the last fifteen months have been on the record a median of 3.1 years (bottom 14%); 8 officer or director changes were reported on Form 8-K since 2023-11-13, against the 26 people in charge now (top 23%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge8 in three years among 26 peopletop 23% of its family
  • the median years the people in charge have filed3.1 yearsbottom 14% of its family
  • the chief executive's years on the record2.5 yearsbottom 35% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

4.4/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
3.8/10

How much room does it have to grow?

bottom 38% of 104 in its family for room to expand.

weight 45% of this tense · 38th percentile among 104 sector filers · read for itself

From the record

3M Company's room to grow, from the newest filed statements (fiscal 2025): cash of $5.2 billion against debt of $11 billion leaves -15.1% of its assets as net cash, bottom 22% of its family; cash from operations less capital spending is 5.6% of revenue (top 28%); a gross margin of 39.9% (bottom 21%) (its annual report).

What it rests on

  • cash less debt against assets-15.1%bottom 22% of its family
  • cash from operations less capital spending against revenue5.6%top 28% of its family
  • gross margin39.9%bottom 21% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
3.2/10

What could actually drive growth from here?

bottom 32% of 105 in its family for growth drivers.

weight 33% of this tense · 32nd percentile among 105 sector filers · read for its customers

From the record

3M Company's growth drivers, from the filed years to fiscal 2025: revenue grew -1.6% a year over the last three filed years against -2.1% over all 10, speeding up (top 33% of its family); the newest year grew 1.5% (bottom 23%); research spending grew -16.4% a year (bottom 8%); capital spending grew -19.6% a year (bottom 29%) (its annual reports). 3M Company reported 3 lines of business in fiscal 2025: Safety and Industrial at $11 billion, Transportation and Electronics at $8.3 billion, Consumer at $4.9 billion. 1 of 3 grew in the latest filed year, and the largest line is 46% of revenue (its annual report).

What it rests on

  • three-year growth against the whole span+0.5 points a yeartop 33% of its family
  • the newest year's revenue growth1.5%bottom 23% of its family
  • three-year growth of research spending-16.4%bottom 8% of its family
  • three-year growth of capital spending-19.6%bottom 29% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
7.4/10

Did its newest year beat what its own record pointed to?

top 26% of 88 in its family for expectations against reality.

weight 22% of this tense · 74th percentile among 88 sector filers · read for its shareholders

From the record

3M Company's newest year against its own record: revenue of $25 billion in fiscal 2025 came in 4.7% above the $24 billion its prior three years' pace pointed to (top 24% of its family); net income of $3.3 billion against a prior three-year average of $985 million (top 6%); a net margin of 13% against 3.5% before (top 48%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace4.7%top 24% of its family
  • net income against the prior three years' average+230%top 6% of its family
  • net margin against its prior average+9.5 pointstop 48% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton MMM · research, not advice