3M (MMM) Asset Utilization Ratio (2009 - 2026)
3M's (MMM) quarterly Asset Utilization Ratio came in at 0.72 in Q2 2026, up 13.38% year-over-year from 0.63 in Q2 2025, and up 4.64% quarter-over-quarter from 0.68 in Q1 2026.
Analysis
3M (MMM) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
3M has disclosed Asset Utilization Ratio across 18 years of filings, most recently posting 0.72 for Q2 2026.
- In Q2 2026, Asset Utilization Ratio rose 13.38% year-over-year to 0.72; the TTM figure through Jun 2026 stood at 0.72 (up 13.38% YoY), while the FY2025 annual figure was 0.64, up 18.32% from the prior year.
- Asset Utilization Ratio came in at 0.72 for Q2 2026 at 3M, up from 0.68 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.77 in Q2 2022 to a low of 0.38 in Q3 2023.
- Average Asset Utilization Ratio over 5 years is 0.6, with a median of 0.61 recorded in 2024.
- Year-over-year, Asset Utilization Ratio slumped 50.08% in 2023 and surged 54.26% in 2024.
- Over 5 years, Asset Utilization Ratio stood at 0.56 in 2022, then decreased by 13.04% to 0.49 in 2023, then grew by 23.92% to 0.61 in 2024, then gained by 8.79% to 0.66 in 2025, then increased by 8.08% to 0.72 in 2026.
- Per Business Quant data, the three most recent Asset Utilization Ratio figures were 0.72 in Q2 2026, 0.68 in Q1 2026, and 0.66 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 84.63 Bn | 81.30 Bn | 2.68 Bn | 0.72 |
| 2 | Illinois Tool Works | 75.96 Bn | 75.12 Bn | 1.90 Bn | 1.01 |
| 3 | Ametek | 53.68 Bn | 53.19 Bn | 735.04 Mn | 0.48 |
| 4 | Rockwell Automation | 46.83 Bn | 46.35 Bn | 1.14 Bn | 0.80 |
| 5 | Mettler Toledo International | 25.77 Bn | 25.72 Bn | 650.22 Mn | 1.13 |
| 6 | Dover | 25.23 Bn | 23.47 Bn | 880.61 Mn | 0.62 |
| 7 | Nordson | 17.11 Bn | 17.00 Bn | 453.73 Mn | 0.50 |
| 8 | Fortive | 16.56 Bn | 16.19 Bn | 695.30 Mn | 0.37 |
| 9 | RBC Bearings | 15.05 Bn | 14.92 Bn | 247.80 Mn | 0.38 |
| 10 | Regal Rexnord | 10.42 Bn | 9.97 Bn | 611.60 Mn | 0.44 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.72 |
| Mar 31, 2026 | 0.68 |
| Dec 31, 2025 | 0.66 |
| Sep 30, 2025 | 0.66 |
| Jun 30, 2025 | 0.63 |
| Mar 31, 2025 | 0.61 |
| Dec 31, 2024 | 0.61 |
| Sep 30, 2024 | 0.58 |
| Jun 30, 2024 | 0.50 |
| Mar 31, 2024 | 0.46 |
| Dec 31, 2023 | 0.49 |
| Sep 30, 2023 | 0.38 |
| Jun 30, 2023 | 0.44 |
| Mar 31, 2023 | 0.50 |
| Dec 31, 2022 | 0.56 |
| Sep 30, 2022 | 0.76 |
| Jun 30, 2022 | 0.77 |
| Mar 31, 2022 | 0.76 |
| Dec 31, 2021 | 0.74 |
| Sep 30, 2021 | 0.73 |