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) P/B ratio

Alert me on P/B ratio

As of 2 November 2026, 3M Company (MMM) trades at a P/B ratio of 22.3×. Over the past ten years it has ranged from 2.9× (May 2023) to 31.8× (August 2026); the current reading is higher than 96% of that period. That is above the Conglomerates industry median of 1.1× and above the Industrials sector median of 2.3×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 18.1× (0.74%)
FY2024 18.3× 69.96%
FY2023 10.7× 166.67%
FY2022 4.0× (31.02%)
FY2021 5.8× (12.86%)
FY2020 6.7× (22.34%)
FY2019 8.6× (11.71%)
FY2018 9.8× (6.01%)
FY2017 10.4× 16.37%
FY2016 8.9× 30.05%

Quarterly newest first

Period P/B ratio Change
Sep 2026 20.4× (27.05%)
Jun 2026 28.0× 20.66%
Mar 2026 23.2× 28.05%
Dec 2025 18.1× 2.23%
43 more quarters

Against its own ten years

Low 2.9× High 31.8×
Ten-year median 7.9×
Current reading's percentile 95

P/B ratio against peers

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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