3M (MMM) EV to CFO (2009 - 2026)
3M's (MMM) EV to CFO stood at 22.24 in Q3 2026, down 26.9% from 30.42 a year earlier but up 35.9% from the prior quarter.
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Analysis
3M (MMM) EV to CFO (2009 - 2026) Analysis & Trends
On a TTM basis, 3M's EV to CFO came in at 18.55 as of Sep 30, 2026, down 19.2% year-over-year; for FY2025, it came in at 34.26, up 0.6% from FY2024.
- Across earlier years, EV to CFO came in at 34.06 in FY2024 (+410.4%), 6.67 in FY2023 (-27.2%), 9.16 in FY2022 (-14.9%) and 10.76 in FY2021 (+9.9%).
- Quarterly EV to CFO has ranged from 5.76 in Q3 2023 to 74.07 in Q1 2025 over the past five years.
- On a year-over-year basis, EV to CFO rose in two of the last five quarters, with growth averaging 61.3%.
- Peak year-over-year performance for EV to CFO in the last five years was growth of 487.5% in Q3 2024, against a decline of 67.3% in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 16.36 (Q2 2026), 24.21 (Q1 2026) and 34.26 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 274.19 Bn | 245.49 Bn | 7.35 Bn |
| 2 | Amphenol | 198.54 Bn | 193.24 Bn | 4.02 Bn |
| 3 | Deere | 186.04 Bn | 154.13 Bn | 4.66 Bn |
| 4 | Eaton | 139.66 Bn | 136.59 Bn | 3.11 Bn |
| 5 | Parker-Hannifin | 120.67 Bn | 118.56 Bn | 2.26 Bn |
| 6 | 3M | 97.83 Bn | 79.27 Bn | 2.78 Bn |
| 7 | Emerson Electric | 94.87 Bn | 87.61 Bn | 2.66 Bn |
| 8 | Illinois Tool Works | 81.52 Bn | 78.19 Bn | 1.91 Bn |
| 9 | Vertiv Holdings | 76.99 Bn | 65.83 Bn | 1.64 Bn |
| 10 | Cummins | 64.10 Bn | 59.92 Bn | 2.62 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 22.24 |
| Jun 30, 2026 | 16.36 |
| Mar 31, 2026 | 24.21 |
| Dec 31, 2025 | 34.26 |
| Sep 30, 2025 | 30.42 |
| Mar 31, 2025 | 74.07 |
| Dec 31, 2024 | 34.06 |
| Sep 30, 2024 | 33.82 |
| Jun 30, 2024 | 8.07 |
| Mar 31, 2024 | 6.18 |
| Dec 31, 2023 | 6.67 |
| Sep 30, 2023 | 5.76 |
| Jun 30, 2023 | 6.72 |
| Mar 31, 2023 | 7.61 |
| Dec 31, 2022 | 9.16 |
| Sep 30, 2022 | 8.38 |
| Jun 30, 2022 | 9.76 |
| Mar 31, 2022 | 9.97 |
| Dec 31, 2021 | 10.76 |
| Sep 30, 2021 | 9.90 |
API Access
3M EV to CFO API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=MMM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "ticker": "MMM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=MMM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();