Companies / Industrials
MMM
3M
Industrial Conglomerates
Industrial ConglomeratesAnalysis in progress
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Business at a glance
Operating-health scores describe reported fundamentals on a 0–100 scale. They are not a rating of the stock. How they work
Operating health49
Growth25
Profitability57
Cash generation27
Balance sheet41
Dilution control93
Key ratios and five-year financials
Latest quarter revenue YoY (2026-09-30)1.0%Revenue growth (FY)1.5%Revenue CAGR (3y)-1.6%Gross margin39.9%Operating margin18.6%Net margin13.0%Free cash flow margin5.6%R&D / revenue—Stock comp / revenue0.9%Net debt / operating cash flow3.92xCurrent ratio1.71Diluted share count change-2.0%
| Fiscal year ending | FY 2021-12 | FY 2022-12 | FY 2023-12 | FY 2024-12 | FY 2025-12 |
|---|---|---|---|---|---|
| Revenue | $35.4B | $26.2B | $24.6B | $24.6B | $24.9B |
| Gross profit | $16.6B | $10.3B | $9.6B | $10.1B | $10.0B |
| Operating income | $7.4B | $4.4B | -$10.7B | $4.8B | $4.6B |
| Net income | $5.9B | $5.8B | -$7.0B | $4.2B | $3.2B |
| Operating cash flow | $7.5B | $5.6B | $6.7B | $1.8B | $2.3B |
| Capital expenditure | $1.6B | $1.7B | $1.6B | $1.2B | $910M |
| Free cash flow | $5.9B | $3.8B | $5.1B | $638M | $1.4B |
| R&D | $1.2B | $800M | $700M | $700M | — |
| Stock-based comp | $274M | $263M | $274M | $289M | $225M |
| Buybacks | $2.2B | $1.5B | $33M | $1.8B | $3.3B |
| Dividends | $3.4B | $3.4B | $3.3B | $2.0B | $1.6B |
| Cash | $4.6B | $3.7B | $5.9B | $5.6B | $5.2B |
| Total debt | $18.6B | $17.9B | $15.4B | $15.0B | $14.3B |
| Equity | $15.0B | $14.7B | $4.8B | $3.8B | $4.7B |
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