3M (MMM) Price to Book (2009 - 2026)
3M's (MMM) quarterly Price to Book came in at 27.79 in Q2 2026, up 49.1% year-over-year from 18.64 in Q2 2025, and up 21.46% quarter-over-quarter from 22.88 in Q1 2026.
Analysis
3M (MMM) Price to Book (2009 - 2026) Analysis & Trends
3M has disclosed Price to Book across 18 years of filings, most recently posting 27.79 for Q2 2026.
- In Q2 2026, Price to Book rose 49.1% year-over-year to 27.79; the TTM figure through Jun 2026 stood at 27.79 (up 49.1% YoY), while the FY2025 annual figure was 17.88, changed 0.0% from the prior year.
- Price to Book came in at 27.79 for Q2 2026 at 3M, up from 22.88 in the prior quarter.
- In the past five years, Price to Book ranged from a high of 27.79 in Q2 2026 to a low of 3.16 in Q1 2023.
- Average Price to Book over 5 years is 12.51, with a median of 12.23 recorded in 2023.
- Year-over-year, Price to Book sank 37.98% in 2022 and jumped 215.02% in 2024.
- Over 5 years, Price to Book stood at 3.73 in 2022, then jumped by 178.25% to 10.38 in 2023, then jumped by 72.37% to 17.88 in 2024, then gained by 0.0% to 17.88 in 2025, then jumped by 55.37% to 27.79 in 2026.
- Per Business Quant data, the three most recent Price to Book figures were 27.79 in Q2 2026, 22.88 in Q1 2026, and 17.88 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | 3M | 87.14 Bn | 83.81 Bn | 2.68 Bn |
| 2 | Illinois Tool Works | 76.97 Bn | 76.13 Bn | 1.90 Bn |
| 3 | Ametek | 54.61 Bn | 54.11 Bn | 735.04 Mn |
| 4 | Rockwell Automation | 47.79 Bn | 47.31 Bn | 1.14 Bn |
| 5 | Mettler Toledo International | 26.72 Bn | 26.67 Bn | 650.22 Mn |
| 6 | Dover | 26.23 Bn | 24.47 Bn | 880.61 Mn |
| 7 | Nordson | 17.66 Bn | 17.54 Bn | 453.73 Mn |
| 8 | Fortive | 17.23 Bn | 16.86 Bn | 695.30 Mn |
| 9 | RBC Bearings | 15.51 Bn | 15.38 Bn | 247.80 Mn |
| 10 | Regal Rexnord | 10.94 Bn | 10.50 Bn | 611.60 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.79 |
| Mar 31, 2026 | 22.88 |
| Dec 31, 2025 | 17.88 |
| Sep 30, 2025 | 17.63 |
| Jun 30, 2025 | 18.64 |
| Mar 31, 2025 | 17.47 |
| Dec 31, 2024 | 17.88 |
| Sep 30, 2024 | 15.86 |
| Jun 30, 2024 | 14.08 |
| Mar 31, 2024 | 9.95 |
| Dec 31, 2023 | 10.38 |
| Sep 30, 2023 | 9.14 |
| Jun 30, 2023 | 5.88 |
| Mar 31, 2023 | 3.16 |
| Dec 31, 2022 | 3.73 |
| Sep 30, 2022 | 3.61 |
| Jun 30, 2022 | 4.46 |
| Mar 31, 2022 | 4.72 |
| Dec 31, 2021 | 5.62 |
| Sep 30, 2021 | 5.82 |