3M (MMM) Price to Earnings (2009 - 2026)
3M's (MMM) Price to Earnings stood at 27.86 in Q2 2026, up 35.3% from 20.59 a year earlier and up 2.5% from the prior quarter.
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Analysis
3M (MMM) Price to Earnings (2009 - 2026) Analysis & Trends
For FY2025, 3M's Price to Earnings came in at 26.12, up 56.5% from FY2024.
- Across earlier years, Price to Earnings came in at 16.69 in FY2024, 9.53 in FY2022 (-33.5%) and 14.34 in FY2021 (-7.4%).
- The Q2 2026 figure is the highest quarterly Price to Earnings since Q2 2024.
- On a year-over-year basis, Price to Earnings has increased for four consecutive quarters, with growth averaging 23.9% over the last five quarters.
- Peak year-over-year performance for Price to Earnings in the last five years was growth of 56.5% in Q4 2025, against a decline of 65.4% in Q2 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 27.18 (Q1 2026), 26.12 (Q4 2025) and 24.24 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 388.70 Bn | 360.40 Bn | 7.76 Bn |
| 2 | Amphenol | 214.42 Bn | 209.12 Bn | 3.55 Bn |
| 3 | Deere | 185.30 Bn | 194.07 Bn | 4.66 Bn |
| 4 | Eaton | 169.35 Bn | 166.59 Bn | 2.86 Bn |
| 5 | Parker-Hannifin | 122.64 Bn | 120.77 Bn | 2.25 Bn |
| 6 | Vertiv Holdings | 97.12 Bn | 87.74 Bn | 1.23 Bn |
| 7 | Emerson Electric | 90.13 Bn | 82.89 Bn | 2.66 Bn |
| 8 | 3M | 83.49 Bn | 64.94 Bn | 2.68 Bn |
| 9 | Illinois Tool Works | 74.89 Bn | 71.45 Bn | 1.90 Bn |
| 10 | Cummins | 72.76 Bn | 69.90 Bn | 2.47 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.86 |
| Mar 31, 2026 | 27.18 |
| Dec 31, 2025 | 26.12 |
| Sep 30, 2025 | 24.24 |
| Jun 30, 2025 | 20.59 |
| Mar 31, 2025 | 18.12 |
| Dec 31, 2024 | 16.69 |
| Sep 30, 2024 | 16.96 |
| Jun 30, 2024 | 59.53 |
| Mar 31, 2023 | 8.89 |
| Dec 31, 2022 | 9.53 |
| Sep 30, 2022 | 7.77 |
| Jun 30, 2022 | 14.85 |
| Mar 31, 2022 | 12.66 |
| Dec 31, 2021 | 14.34 |
| Sep 30, 2021 | 14.15 |
| Jun 30, 2021 | 16.11 |
| Mar 31, 2021 | 16.24 |
| Dec 31, 2020 | 15.54 |
| Sep 30, 2020 | 15.41 |
API Access
3M Price to Earnings 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=price-to-earnings&ticker=MMM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-earnings", "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=price-to-earnings&ticker=MMM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();