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| Date | Value |
|---|---|
| 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 |