3M (MMM) EV to EBIT (2009 - 2026)
3M's (MMM) EV to EBIT stood at 17.35 in Q2 2026, up 8.0% from 16.07 a year earlier and up 15.7% from the prior quarter.
3M (MMM) EV to EBIT (2009 - 2026) Analysis & Trends
On a TTM basis, 3M's EV to EBIT came in at 14.05 as of Jun 30, 2026, up 22.5% year-over-year; for FY2025, it came in at 17.07, up 32.8% from FY2024.
- Across earlier years, EV to EBIT came in at 12.85 in FY2024, 11.73 in FY2022 (+7.7%) and 10.89 in FY2021 (-1.9%).
- The Q2 2026 figure is the highest quarterly EV to EBIT since Q2 2024.
- On a year-over-year basis, EV to EBIT has increased for four consecutive quarters, with an average decline of 8.1% over the last five quarters.
- Peak year-over-year performance for EV to EBIT in the last five years was growth of 32.8% in Q4 2025, against a decline of 92.2% in Q2 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 14.99 (Q1 2026), 17.07 (Q4 2025) and 15.72 (Q3 2025).
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
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.35 |
| Mar 31, 2026 | 14.99 |
| Dec 31, 2025 | 17.07 |
| Sep 30, 2025 | 15.72 |
| Jun 30, 2025 | 16.07 |
| Mar 31, 2025 | 14.65 |
| Dec 31, 2024 | 12.85 |
| Sep 30, 2024 | 14.49 |
| Jun 30, 2024 | 204.79 |
| Mar 31, 2023 | 11.23 |
| Dec 31, 2022 | 11.73 |
| Sep 30, 2022 | 6.32 |
| Jun 30, 2022 | 11.39 |
| Mar 31, 2022 | 9.63 |
| Dec 31, 2021 | 10.89 |
| Sep 30, 2021 | 10.37 |
| Jun 30, 2021 | 11.74 |
| Mar 31, 2021 | 11.79 |
| Dec 31, 2020 | 11.10 |
| Sep 30, 2020 | 10.96 |
3M EV to EBIT 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-ebit&ticker=MMM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebit", "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-ebit&ticker=MMM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();