3M (MMM) Debt Ratio (2009 - 2026)
3M's (MMM) quarterly Debt Ratio came in at 0.36 in Q2 2026, down 1.18% year-over-year from 0.36 in Q2 2025, and up 1.43% quarter-over-quarter from 0.35 in Q1 2026.
Analysis
3M (MMM) Debt Ratio (2009 - 2026) Analysis & Trends
3M has disclosed Debt Ratio across 18 years of filings, most recently posting 0.36 for Q2 2026.
- In Q2 2026, Debt Ratio fell 1.18% year-over-year to 0.36; the TTM figure through Jun 2026 stood at 0.36 (down 1.18% YoY), while the FY2025 annual figure was 0.33, down 11.01% from the prior year.
- Debt Ratio came in at 0.36 for Q2 2026 at 3M, up from 0.35 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.4 in Q1 2022 to a low of 0.33 in Q2 2024.
- Average Debt Ratio over 5 years is 0.37, with a median of 0.37 recorded in 2025.
- Year-over-year, Debt Ratio declined 11.7% in 2023 and rose 10.45% in 2024.
- Over 5 years, Debt Ratio stood at 0.38 in 2022, then retreated by 11.7% to 0.34 in 2023, then rose by 10.45% to 0.38 in 2024, then dropped by 11.01% to 0.33 in 2025, then rose by 7.61% to 0.36 in 2026.
- Per Business Quant data, the three most recent Debt Ratio figures were 0.36 in Q2 2026, 0.35 in Q1 2026, and 0.33 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 86.90 Bn | 83.63 Bn | 2.68 Bn | 0.36 |
| 2 | Illinois Tool Works | 76.92 Bn | 76.08 Bn | 1.90 Bn | 0.59 |
| 3 | Ametek | 54.50 Bn | 54.00 Bn | 735.04 Mn | 0.12 |
| 4 | Rockwell Automation | 48.18 Bn | 47.71 Bn | 1.14 Bn | 0.36 |
| 5 | Mettler Toledo International | 29.15 Bn | 29.09 Bn | 650.22 Mn | 0.58 |
| 6 | Dover | 25.97 Bn | 24.22 Bn | 880.61 Mn | 0.34 |
| 7 | Symbotic | 25.93 Bn | 24.61 Bn | 160.91 Mn | - |
| 8 | Nordson | 17.73 Bn | 17.62 Bn | 453.73 Mn | 0.32 |
| 9 | Fortive | 17.23 Bn | 16.86 Bn | 695.30 Mn | 0.30 |
| 10 | RBC Bearings | 16.01 Bn | 15.88 Bn | 247.80 Mn | 0.16 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.36 |
| Mar 31, 2026 | 0.35 |
| Dec 31, 2025 | 0.33 |
| Sep 30, 2025 | 0.36 |
| Jun 30, 2025 | 0.36 |
| Mar 31, 2025 | 0.37 |
| Dec 31, 2024 | 0.38 |
| Sep 30, 2024 | 0.37 |
| Jun 30, 2024 | 0.33 |
| Mar 31, 2024 | 0.39 |
| Dec 31, 2023 | 0.34 |
| Sep 30, 2023 | 0.35 |
| Jun 30, 2023 | 0.35 |
| Mar 31, 2023 | 0.38 |
| Dec 31, 2022 | 0.38 |
| Sep 30, 2022 | 0.38 |
| Jun 30, 2022 | 0.40 |
| Mar 31, 2022 | 0.40 |
| Dec 31, 2021 | 0.40 |
| Sep 30, 2021 | 0.42 |