Is the price fair?
What MMM's price assumes
3M trades at 32.0× earnings against 19.9× for the median Conglomerates name, more expensive than its own group.
32.0
Trailing P/E · Conglomerates median 19.9 · 1.61× the median: the market pays up for this one
- Price / sales
- 3.08
Price / sales · as of 2026-Q1
- Free cash flow yield
- 4.8%
Free cash flow yield · Industrials median 4.0%
- Growth the price implies
- +6.3%
Growth the price implies · The price pays for +6.3% free cash flow growth a year for a decade; the business has delivered −3.6% a year over the last three.
Details›
- Price / book2026-Q1
- 23.6
- EV / EBIT2026-Q1
- 17.6
- EV / sales2026-Q1
- 3.36
- Industrials median P/E346 names
- 29.9
- Conglomerates median P/E8 names
- 19.9
- Free cash flow, trailing twelve months
- $3.98B
- Market capitalisation
- $83.8B
- 3-year revenue growth
- +6.3%
- 3-year free cash flow growth
- −3.6%
| Method | Per share |
|---|---|
| Its own P/E history, lower quartile | $71.44 |
| Its own P/E history, median | $78.49 |
| Its own P/E history, upper quartile | $98.82 |
| 52-week range | $140.47 – $183.84 |
| Today | $179.94 |
Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.