3M MMM
NYSE MMM
$162.29 -2.11 (-1.28%)
As of: Sep 10, 2026 · 2:24 PM EDT

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-over-year from 12.7 in Q2 2020, and up 7.83% quarter-over-quarter from 15.11 in Q1 2021.

Analysis

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.

  • In Q2 2021, Interest Coverage Ratio rose 28.25% year-over-year to 16.29; the TTM figure through Jun 2021 stood at 14.8 (up 35.85% YoY), while the FY2020 annual figure 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.
  • Average Interest Coverage Ratio over 5 years is 18.7, with a median of 15.22 recorded in 2021.
  • Year-over-year, Interest Coverage Ratio sank 101.93% in 2019 and soared 3713.49% in 2020.
  • Over 5 years, Interest Coverage Ratio stood at 10.78 in 2017, then jumped by 74.15% to 18.77 in 2018, then sank 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.
  • Per Business Quant data, the three most recent Interest Coverage Ratio figures were 16.29 in Q2 2021, 15.11 in Q1 2021, and 13.11 in Q4 2020.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 3M 84.31 Bn 80.98 Bn 2.68 Bn -
2 Illinois Tool Works 75.33 Bn 74.49 Bn 1.90 Bn 14.52
3 Ametek 53.48 Bn 52.98 Bn 735.04 Mn 17.55
4 Rockwell Automation 46.61 Bn 46.13 Bn 1.14 Bn 14.58
5 Mettler Toledo International 25.72 Bn 25.67 Bn 650.22 Mn 19.04
6 Dover 25.19 Bn 23.44 Bn 880.61 Mn 13.48
7 Nordson 17.13 Bn 17.02 Bn 453.73 Mn 10.71
8 Fortive 16.52 Bn 16.14 Bn 695.30 Mn 5.93
9 RBC Bearings 14.97 Bn 14.84 Bn 247.80 Mn 13.94
10 Regal Rexnord 10.42 Bn 9.98 Bn 611.60 Mn 2.78
Historic Data

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