3M (MMM) Interest Coverage Ratio (2009 - 2021)

3M's (MMM) quarterly Interest Coverage Ratio came in at 16.29 in Q2 2021, up 28.25% year-on-year from 12.7 in Q2 2020, and up 7.83% quarter-over-quarter from 15.11 in Q1 2021.

3M (MMM) Interest Coverage Ratio (2009 - 2021) Analysis & Trends

3M has disclosed Interest Coverage Ratio across 13 years of filings, most recently posting 16.29 for Q2 2021.

  • Interest Coverage Ratio for Q2 2021 came in at 16.29, up 28.25% year-over-year; the trailing twelve-month figure through Mar 2022 was 57.98 (up 316.38% YoY), and the FY2020 annual result was 13.54, down 1.77% from the prior year.
  • Interest Coverage Ratio came in at 16.29 for Q2 2021 at 3M, up from 15.11 in the prior quarter.
  • In the past five years, Interest Coverage Ratio ranged from a high of 39.87 in Q2 2017 to a low of 0.36 in Q4 2019.
  • The 5-year median for Interest Coverage Ratio is 15.22 (2021), against an average of 18.7.
  • Across the five-year window, Interest Coverage Ratio slumped 101.93% in 2019 and surged 3713.49% in 2020, its largest moves.
  • 3M's Interest Coverage Ratio stood at 10.78 in 2017, then jumped by 74.15% to 18.77 in 2018, then tumbled by 101.93% to 0.36 in 2019, then soared by 3713.49% to 13.11 in 2020, then gained by 24.22% to 16.29 in 2021.
  • The last three Interest Coverage Ratio figures came in at 16.29 (Q2 2021), 15.11 (Q1 2021), and 13.11 (Q4 2020), per Business Quant data.
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Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Pampa Energy 1,870.28 Bn 934.12 Bn 109.00 Mn -13.00
2 Honeywell International 139.84 Bn 128.53 Bn 3.54 Bn 4.88
3 3M 83.81 Bn 79.71 Bn 2.46 Bn -
4 Valmont Industries 10.63 Bn 10.48 Bn 316.88 Mn 16.54
5 Seaboard 5.08 Bn 3.95 Bn 217.00 Mn 9.60
6 Otter Tail 3.75 Bn 3.35 Bn 239.49 Mn 6.75
7 Tetra Technologies 1.40 Bn 1.39 Bn 38.23 Mn 3.96
8 Deluxe 1.08 Bn 1.05 Bn 279.40 Mn 2.59
9 Matthews International 841.65 Mn 805.56 Mn 101.98 Mn -0.32
10 Compass Diversified Holdings 776.81 Mn 844.46 Mn 189.36 Mn -

Historic Data

Download Data
DateValue
Jun 30, 2021 16.29
Mar 31, 2021 15.11
Dec 31, 2020 13.11
Sep 30, 2020 14.91
Jun 30, 2020 12.70
Mar 31, 2020 13.52
Dec 31, 2019 -0.36
Sep 30, 2019 18.45
Jun 30, 2019 15.33
Mar 31, 2019 10.92
Dec 31, 2018 18.77
Sep 30, 2018 23.72
Jun 30, 2018 27.28
Mar 31, 2018 12.28
Dec 31, 2017 10.78
Sep 30, 2017 35.23
Jun 30, 2017 39.87
Mar 31, 2017 38.71
Dec 31, 2016 22.95
Sep 30, 2016 38.08