3M (MMM) EV to CFO (2009 - 2026)
3M's (MMM) EV to CFO stood at 16.38 in Q2 2026, down 32.4% from the prior quarter.
Analysis
3M (MMM) EV to CFO (2009 - 2026) Analysis & Trends
On a TTM basis, 3M's EV to CFO came in at 13.26 as of Jun 30, 2026; 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%).
- The Q2 2026 figure is the lowest quarterly EV to CFO since Q2 2024.
- On a year-over-year basis, EV to CFO rose in three of the last five quarters, with growth averaging 164.2%.
- 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 24.21 (Q1 2026), 34.26 (Q4 2025) and 30.42 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 376.87 Bn | 348.57 Bn | 7.76 Bn |
| 2 | Amphenol | 208.65 Bn | 203.35 Bn | 3.55 Bn |
| 3 | Deere | 185.97 Bn | 194.73 Bn | 4.66 Bn |
| 4 | Eaton | 167.50 Bn | 164.73 Bn | 2.86 Bn |
| 5 | Parker-Hannifin | 122.25 Bn | 120.39 Bn | 2.25 Bn |
| 6 | Vertiv Holdings | 93.95 Bn | 84.57 Bn | 1.23 Bn |
| 7 | Emerson Electric | 88.90 Bn | 81.65 Bn | 2.66 Bn |
| 8 | 3M | 87.39 Bn | 68.85 Bn | 2.68 Bn |
| 9 | Illinois Tool Works | 78.00 Bn | 74.56 Bn | 1.90 Bn |
| 10 | Cummins | 71.32 Bn | 68.45 Bn | 2.47 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.38 |
| 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 |
| Jun 30, 2021 | 10.58 |
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_KEY
import 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();