3M (MMM) Operating Income (2009 - 2026)
3M's Operating Income came in at $1.56 billion for Q3 2026, up 7.7% from $1.45 billion a year earlier and up 58.3% from the prior quarter.
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Analysis
3M (MMM) Operating Income (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, 3M reported Operating Income of $4.74 billion, down 3.7% year-over-year; for FY2025, it came in at $4.63 billion, down 4.0% from FY2024.
- Operating Income carries a five-year compound annual growth rate of -8.4% (FY2020 to FY2025).
- Going back by year, Operating Income was $4.82 billion in FY2024, -$10.69 billion in FY2023, $4.37 billion in FY2022 (-40.7%) and $7.37 billion in FY2021 (+2.9%).
- The Q3 2026 figure represents the highest quarterly Operating Income since Q3 2022.
- Year-over-year, Operating Income increased in five of the last eight quarters, with growth averaging 1.0%.
- The fastest year-over-year change in Operating Income over five years came in Q3 2022 (growth of 132.4%), and the weakest in Q2 2022 (a decline of 94.4%).
- Business Quant data shows MMM's Operating Income at $984 million (Q2 2026), $1.4 billion (Q1 2026) and $796 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 316.25 Bn | 287.95 Bn | 7.76 Bn | 4.30 Bn |
| 2 | Amphenol | 181.47 Bn | 176.05 Bn | 3.55 Bn | 2.58 Bn |
| 3 | Deere | 172.60 Bn | 140.69 Bn | 4.66 Bn | 1.86 Bn |
| 4 | Eaton | 143.01 Bn | 140.20 Bn | 2.86 Bn | 1.39 Bn |
| 5 | Parker-Hannifin | 111.22 Bn | 109.35 Bn | 2.25 Bn | 1.37 Bn |
| 6 | 3M | 90.15 Bn | 71.59 Bn | 2.78 Bn | 1.56 Bn |
| 7 | Emerson Electric | 89.90 Bn | 82.64 Bn | 2.66 Bn | 1.31 Bn |
| 8 | Illinois Tool Works | 78.95 Bn | 75.51 Bn | 1.90 Bn | 1.15 Bn |
| 9 | Vertiv Holdings | 74.37 Bn | 65.00 Bn | 1.23 Bn | 637.90 Mn |
| 10 | Cummins | 71.44 Bn | 67.52 Bn | 2.47 Bn | 1.28 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.56 Bn |
| Jun 30, 2026 | 984.00 Mn |
| Mar 31, 2026 | 1.40 Bn |
| Dec 31, 2025 | 796.00 Mn |
| Sep 30, 2025 | 1.45 Bn |
| Jun 30, 2025 | 1.14 Bn |
| Mar 31, 2025 | 1.25 Bn |
| Dec 31, 2024 | 1.09 Bn |
| Sep 30, 2024 | 1.32 Bn |
| Jun 30, 2024 | 1.27 Bn |
| Mar 31, 2024 | 1.15 Bn |
| Dec 31, 2023 | 899.00 Mn |
| Sep 30, 2023 | -3.10 Bn |
| Jun 30, 2023 | -9.36 Bn |
| Mar 31, 2023 | 1.24 Bn |
| Dec 31, 2022 | -1.54 Bn |
| Sep 30, 2022 | 4.16 Bn |
| Jun 30, 2022 | 110.00 Mn |
| Mar 31, 2022 | 1.64 Bn |
| Dec 31, 2021 | 1.62 Bn |
API Access
3M Operating Income 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=operating-income&ticker=MMM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=MMM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();