3M Company
3M Company’s revenue for fiscal 2025 (year ended December 2025) was $24.9 billion, up 1.52% from fiscal 2024. In the quarter to June 2026, revenue grew 2.46%, EPS grew 32.6%, free cash flow grew 166.9% and total debt fell 4.53%, each against the same quarter a year earlier. Member of the S&P 500 and Dow Jones.
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3M Company (MMM) P/B ratio
As of 9 October 2026, 3M Company (MMM) trades at a P/B ratio of 27.7×. Over the past ten years it has ranged from 2.8× (May 2023) to 31.8× (August 2026); the current reading is higher than 98% of that period. That is above the Conglomerates industry median of 1.5× 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× | 74.49% |
| FY2023 | 10.5× | 166.68% |
| FY2022 | 3.9× | (31.02%) |
| FY2021 | 5.7× | (12.86%) |
| FY2020 | 6.5× | (22.33%) |
| FY2019 | 8.4× | (11.71%) |
| FY2018 | 9.5× | (6.01%) |
| FY2017 | 10.1× | 16.38% |
| FY2016 | 8.7× | 26.68% |
Quarterly newest first
| Period | P/B ratio | Change |
|---|---|---|
| Jun 2026 | 28.0× | 20.66% |
| Mar 2026 | 23.2× | 28.05% |
| Dec 2025 | 18.1× | 2.23% |
| Sep 2025 | 17.7× | (5.72%) |
| 42 more quarters | Free account |
Against its own ten years
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| BBUC Brookfield Business Partners L.P. compare | 0.4× |
| SEB Seaboard Corporation compare | 0.7× |
| PAM Pampa Energia S.A. compare | 1.1× |
| DLX Deluxe Corporation compare | 1.5× |
| OTTR Otter Tail Corporation compare | 2.0× |
| HON Honeywell International Inc. compare | 3.5× |
| VMI Valmont Industries, Inc. compare | 5.2× |
| FBYD Falcon's Beyond Global, Inc. compare | 14.6× |
| MMM 3M Company | 27.7× |
| Conglomerates industry median | 1.5× |
| Industrials sector median | 2.3× |
| Market median | 1.8× |
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))
More on MMM
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement