3M (MMM) Ratios
3M Ratios
MX:MMM's free cash flow for Q3 2026 was $230.00M. For the 2026 fiscal year, MX:MMM's free cash flow was decreased by $-256.00M and operating cash flow was $486.00M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 1.71 | 1.41 | 1.07 | 1.54 | 1.70 |
| Quick Ratio | 1.33 | 1.08 | 0.81 | 0.98 | 1.15 |
| Cash Ratio | 0.55 | 0.50 | 0.37 | 0.38 | 0.51 |
| Solvency Ratio | 0.14 | 0.15 | -0.12 | 0.24 | 0.25 |
| Operating Cash Flow Ratio | 0.24 | 0.16 | 0.44 | 0.59 | 0.83 |
| Short-Term Operating Cash Flow Coverage | 1.26 | 0.95 | 2.27 | 2.88 | 5.70 |
| Net Current Asset Value | $ -16.60B | $ -20.09B | $ -29.33B | $ -17.00B | $ -16.55B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.34 | 0.34 | 0.33 | 0.36 | 0.39 |
| Debt-to-Equity Ratio | 2.75 | 3.56 | 3.48 | 1.14 | 1.22 |
| Debt-to-Capital Ratio | 0.73 | 0.78 | 0.78 | 0.53 | 0.55 |
| Long-Term Debt-to-Capital Ratio | 0.70 | 0.74 | 0.73 | 0.49 | 0.52 |
| Financial Leverage Ratio | 8.02 | 10.38 | 10.52 | 3.16 | 3.13 |
| Debt Service Coverage Ratio | 2.06 | 2.07 | -1.56 | 3.33 | 4.70 |
| Interest Coverage Ratio | 6.34 | 4.17 | 4.34 | 8.18 | 16.47 |
| Debt to Market Cap | 0.15 | 0.18 | 0.32 | 0.28 | 0.20 |
| Interest Debt Per Share | 25.56 | 26.94 | 31.92 | 30.66 | 32.41 |
| Net Debt to EBITDA | 1.23 | 1.12 | -1.24 | 1.51 | 1.44 |
| Profitability Margins | |||||
| Gross Profit Margin | 39.55% | 41.02% | 38.90% | 43.72% | 46.99% |
| EBIT Margin | 19.93% | 24.42% | -42.01% | 20.13% | 21.67% |
| EBITDA Margin | 25.18% | 29.40% | -36.19% | 25.48% | 27.09% |
| Operating Profit Margin | 18.29% | 20.07% | 16.44% | 11.90% | 21.29% |
| Pretax Profit Margin | 16.89% | 19.65% | -45.73% | 18.71% | 20.40% |
| Net Profit Margin | 13.03% | 16.98% | -28.42% | 16.88% | 16.75% |
| Continuous Operations Profit Margin | 12.87% | 16.37% | -34.08% | 16.92% | 16.77% |
| Net Income Per EBT | 77.14% | 86.43% | 62.16% | 90.22% | 82.08% |
| EBT Per EBIT | 92.33% | 97.91% | -278.06% | 157.21% | 95.85% |
| Return on Assets (ROA) | 8.61% | 10.47% | -13.83% | 12.44% | 12.58% |
| Return on Equity (ROE) | 69.12% | 108.62% | -145.52% | 39.24% | 39.35% |
| Return on Capital Employed (ROCE) | 16.22% | 17.23% | 11.47% | 11.03% | 19.79% |
| Return on Invested Capital (ROIC) | 11.53% | 13.39% | 7.85% | 9.41% | 15.62% |
| Return on Tangible Assets | 10.76% | 12.89% | -16.31% | 19.94% | 20.92% |
| Earnings Yield | 3.80% | 5.87% | -13.82% | 10.18% | 6.89% |
| Efficiency Ratios | |||||
| Receivables Turnover | 7.06 | 7.51 | 6.63 | 7.38 | 7.41 |
| Payables Turnover | 5.58 | 5.45 | 5.42 | 6.05 | 6.26 |
| Inventory Turnover | 4.12 | 3.92 | 3.81 | 3.59 | 3.76 |
| Fixed Asset Turnover | 3.51 | 3.09 | 2.95 | 3.42 | 3.44 |
| Asset Turnover | 0.66 | 0.62 | 0.49 | 0.74 | 0.75 |
| Working Capital Turnover Ratio | 4.37 | 8.61 | 7.88 | 5.94 | 5.28 |
| Cash Conversion Cycle | 74.90 | 74.74 | 83.38 | 90.90 | 88.02 |
| Days of Sales Outstanding | 51.69 | 48.60 | 55.02 | 49.43 | 49.24 |
| Days of Inventory Outstanding | 88.61 | 93.12 | 95.73 | 101.79 | 97.08 |
| Days of Payables Outstanding | 65.40 | 66.98 | 67.38 | 60.31 | 58.30 |
| Operating Cycle | 140.30 | 141.72 | 150.76 | 151.22 | 146.32 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 4.32 | 3.30 | 12.06 | 9.88 | 12.87 |
| Free Cash Flow Per Share | 2.61 | 1.16 | 9.14 | 6.79 | 10.11 |
| Dividend Paid and CapEx Coverage Ratio | 1.11 | 0.58 | 1.36 | 1.09 | 1.48 |
| Capital Expenditure Coverage Ratio | 2.53 | 1.54 | 4.14 | 3.20 | 4.65 |
| Operating Cash Flow Coverage Ratio | 0.18 | 0.13 | 0.40 | 0.33 | 0.41 |
| Operating Cash Flow to Sales Ratio | 0.09 | 0.07 | 0.27 | 0.16 | 0.21 |
| Free Cash Flow Yield | 1.63% | 0.90% | 10.00% | 6.77% | 6.80% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 26.51 | 17.03 | -7.24 | 9.82 | 14.52 |
| Price-to-Sales (P/S) Ratio | 3.43 | 2.89 | 2.06 | 1.66 | 2.43 |
| Price-to-Book (P/B) Ratio | 18.19 | 18.51 | 10.53 | 3.85 | 5.71 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 61.28 | 111.45 | 10.00 | 14.77 | 14.70 |
| Price-to-Operating Cash Flow Ratio | 37.10 | 39.09 | 7.58 | 10.15 | 11.54 |
| Price-to-Earnings Growth (PEG) Ratio | -1.30 | -0.11 | 0.03 | -50.24 | 1.71 |
| Enterprise Value Multiple | 14.85 | 10.96 | -6.92 | 8.02 | 10.41 |
| Enterprise Value | 93.24B | 79.16B | 61.64B | 69.95B | 99.73B |
| EV to EBITDA | 14.85 | 10.96 | -6.92 | 8.02 | 10.41 |
| EV to Sales | 3.74 | 3.22 | 2.50 | 2.04 | 2.82 |
| EV to Free Cash Flow | 66.79 | 124.08 | 12.17 | 18.21 | 17.05 |
| EV to Operating Cash Flow | 40.43 | 43.52 | 9.23 | 12.51 | 13.38 |
| Tangible Book Value Per Share | -5.19 | -6.53 | -5.12 | -4.80 | -6.32 |
| Shareholders’ Equity Per Share | 8.80 | 6.98 | 8.68 | 26.01 | 25.99 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.24 | 0.17 | 0.25 | 0.10 | 0.18 |
| Revenue Per Share | 46.69 | 44.62 | 44.43 | 60.48 | 61.06 |
| Net Income Per Share | 6.08 | 7.58 | -12.63 | 10.21 | 10.23 |
| Tax Burden | 0.77 | 0.86 | 0.62 | 0.90 | 0.82 |
| Interest Burden | 0.85 | 0.80 | 1.09 | 0.93 | 0.94 |
| Research & Development to Revenue | 0.05 | 0.04 | 0.05 | 0.05 | 0.06 |
| SG&A to Revenue | 0.16 | 0.17 | 0.00 | 0.00 | 0.00 |
| Stock-Based Compensation to Revenue | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Income Quality | 0.71 | 0.43 | -0.95 | 0.97 | 1.26 |
Currency in USD