3M (MMM) FCF Payout Ratio (2009 - 2026)
3M's FCF Payout Ratio was 1.75 in Q3 2026, up 592.8% from 0.25 a year earlier and up 233.4% from the prior quarter.
3M (MMM) FCF Payout Ratio (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, 3M's FCF Payout Ratio was 0.60 through Sep 30, 2026, down 38.8% year-over-year; for FY2025, it came in at 1.12, down 64.0% from FY2024.
- In earlier years, FCF Payout Ratio was 3.11 in FY2024 (+375.2%), 0.65 in FY2023 (-25.5%), 0.88 in FY2022 (+50.0%) and 0.58 in FY2021 (+14.1%).
- The Q3 2026 figure marks the highest quarterly FCF Payout Ratio since Q1 2024.
- The best year-over-year quarter for FCF Payout Ratio over five years was Q3 2026 (growth of 592.8%); the worst was Q4 2024 (a decline of 51.3%).
- Per Business Quant data, MMM's FCF Payout Ratio in the three quarters before Q3 2026 was 0.53 (Q2 2026), 1.18 (Q1 2026) and 0.29 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 316.15 Bn | 287.84 Bn | 7.76 Bn | 0.21 |
| 2 | Amphenol | 181.56 Bn | 176.14 Bn | 3.55 Bn | 0.26 |
| 3 | Deere | 173.99 Bn | 142.08 Bn | 4.66 Bn | 0.34 |
| 4 | Eaton | 142.35 Bn | 139.53 Bn | 2.86 Bn | - |
| 5 | Parker-Hannifin | 111.11 Bn | 109.23 Bn | 2.25 Bn | - |
| 6 | Emerson Electric | 90.49 Bn | 83.23 Bn | 2.66 Bn | 0.24 |
| 7 | 3M | 90.21 Bn | 71.66 Bn | 2.78 Bn | 1.75 |
| 8 | Illinois Tool Works | 79.13 Bn | 75.69 Bn | 1.90 Bn | 0.73 |
| 9 | Vertiv Holdings | 75.00 Bn | 65.62 Bn | 1.23 Bn | - |
| 10 | Cummins | 71.34 Bn | 67.41 Bn | 2.47 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.75 |
| Jun 30, 2026 | 0.53 |
| Mar 31, 2026 | 1.18 |
| Dec 31, 2025 | 0.29 |
| Sep 30, 2025 | 0.25 |
| Dec 31, 2024 | 0.25 |
| Jun 30, 2024 | 0.51 |
| Mar 31, 2024 | 2.13 |
| Dec 31, 2023 | 0.51 |
| Sep 30, 2023 | 0.55 |
| Jun 30, 2023 | 0.73 |
| Mar 31, 2023 | 1.03 |
| Dec 31, 2022 | 0.58 |
| Sep 30, 2022 | 0.78 |
| Jun 30, 2022 | 1.14 |
| Mar 31, 2022 | 1.45 |
| Dec 31, 2021 | 0.59 |
| Sep 30, 2021 | 0.56 |
| Jun 30, 2021 | 0.57 |
| Mar 31, 2021 | 0.62 |
3M FCF Payout Ratio 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=fcf-payout-ratio&ticker=MMM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-payout-ratio", "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=fcf-payout-ratio&ticker=MMM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();