3M (MMM) Debt to Equity (2009 - 2026)

3M's (MMM) quarterly Debt to Equity came in at $3.85 in Q1 2026, up 29.15% year-on-year from $2.98 in Q1 2025, and up 44.95% quarter-over-quarter from $2.65 in Q4 2025.

3M (MMM) Debt to Equity (2009 - 2026) Analysis & Trends

3M has disclosed Debt to Equity across 18 years of filings, most recently posting $3.85 for Q1 2026.

  • Debt to Equity for Q1 2026 came in at $3.85, up 29.15% year-over-year; the trailing twelve-month figure through Mar 2026 was $3.85 (up 29.15% YoY), and the FY2025 annual result was $2.65, down 20.75% from the prior year.
  • Debt to Equity came in at $3.85 for Q1 2026 at 3M, up from $2.65 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $4.34 in Q1 2024 to a low of $1.04 in Q1 2023.
  • The 5-year median for Debt to Equity is $2.81 (2024), against an average of $2.54.
  • Across the five-year window, Debt to Equity jumped 317.51% in 2024 and sank 31.36% in 2025, its largest moves.
  • 3M's Debt to Equity stood at $1.08 in 2022, then soared by 205.24% to $3.29 in 2023, then climbed by 1.69% to $3.35 in 2024, then dropped by 20.75% to $2.65 in 2025, then jumped by 44.95% to $3.85 in 2026.
  • The last three Debt to Equity figures came in at $3.85 (Q1 2026), $2.65 (Q4 2025), and $2.72 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Pampa Energy 1,836.33 Bn 900.18 Bn 109.00 Mn -
2 Honeywell International 145.45 Bn 134.13 Bn 3.54 Bn 2.29
3 3M 85.14 Bn 81.04 Bn 2.46 Bn 3.85
4 Valmont Industries 11.12 Bn 10.97 Bn 316.88 Mn 0.47
5 Seaboard 4.59 Bn 3.45 Bn 217.00 Mn 0.28
6 Otter Tail 3.66 Bn 3.25 Bn 239.49 Mn 0.04
7 Tetra Technologies 1.37 Bn 1.37 Bn 38.23 Mn 0.64
8 Deluxe 1.04 Bn 1.01 Bn 279.40 Mn 2.01
9 Matthews International 826.85 Mn 790.76 Mn 101.98 Mn 1.13
10 Compass Diversified Holdings 760.64 Mn 828.28 Mn 189.36 Mn 4.64

Historic Data

Download Data
DateValue
Mar 31, 2026 3.85
Dec 31, 2025 2.65
Sep 30, 2025 2.72
Jun 30, 2025 3.02
Mar 31, 2025 2.98
Dec 31, 2024 3.35
Sep 30, 2024 2.81
Jun 30, 2024 3.28
Mar 31, 2024 4.34
Dec 31, 2023 3.29
Sep 30, 2023 3.38
Jun 30, 2023 2.03
Mar 31, 2023 1.04
Dec 31, 2022 1.08
Sep 30, 2022 1.11
Jun 30, 2022 1.18
Mar 31, 2022 1.11
Dec 31, 2021 1.15
Sep 30, 2021 1.25
Jun 30, 2021 1.26