3M Company

MMM Industrials Conglomerates

3M Company’s revenue for fiscal 2025 (year ended December 2025) was $24.9 billion, up 1.52% from fiscal 2024.

Revenue
+1.03%
EPS
+69.9%
Free cash flow
+166.9%
Total debt
+19.0%

Quarter to September 2026, against a year earlier

179.01 4.67 +2.68%
Market cap
$90.1B
P/E
26.5×
Fwd P/E
22.7×
Dividend yield
1.71%
F-score
5/9
Altman Z
4.27
Beneish M
−2.26
Dividend safety
43/100

3M Company (MMM) Debt to equity

Alert me on Debt to equity

3M Company's debt to equity at the end of the quarter to 30 September 2026 was 3.6×, up 0.9× from fiscal 2025 (2.7×). Over the past ten years it has ranged from 0.9× (fiscal 2015) to 3.3× (fiscal 2024); the current reading is higher than 82% of that period. That is above the Conglomerates industry median of 0.5× and above the Industrials sector median of 0.3×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 2.7× (20.75%)
FY2024 3.3× 1.69%
FY2023 3.3× 205.25%
FY2022 1.1× (6.05%)
FY2021 1.1× (20.98%)
FY2020 1.5× (27.54%)
FY2019 2.0× 35.10%
FY2018 1.5× 23.71%
FY2017 1.2× 6.55%
FY2016 1.1× 19.64%

Quarterly newest first

Period Debt to equity Change
Sep 2026 3.6× (13.87%)
Jun 2026 4.2× 10.14%
Mar 2026 3.8× 42.85%
Dec 2025 2.7× (1.52%)
43 more quarters

Against its own ten years

Low 0.9× High 3.3×
Ten-year median 1.5×
Current reading's percentile 82

Debt to equity against peers

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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