3M (MMM) Return on Capital Employed (2009 - 2026)
3M (MMM) reported Return on Capital Employed of 19.43% for Q2 2026, up 407.0% on a YoY basis from 3.83% in Q2 2025, and up 11.98% sequentially from 17.35% in Q1 2026.
3M (MMM) Return on Capital Employed (2009 - 2026) Analysis & Trends
3M (MMM) has 18 years of Return on Capital Employed data on file, last reported at 19.43% in Q2 2026.
- For the quarter ending Q2 2026, Return on Capital Employed rose 407.0% year-over-year to 19.43%; the trailing twelve-month figure through Jun 2026 stood at 19.43% (up 407.0% YoY), and the FY2025 full-year result was 15.85%, up 165.0% from the prior year.
- Return on Capital Employed grew to 19.43% in Q2 2026, from 17.35% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 20.69% in Q3 2022 to a low of 37.74% in Q3 2023.
- A 5-year average of 5.68% and a median of 15.22% in 2024 frame the typical range for Return on Capital Employed.
- Across the five-year window, Return on Capital Employed plunged 5843 bps in 2023 and soared 5283 bps in 2024, its largest moves.
- Tracing MMM's Return on Capital Employed over 5 years: stood at 11.87% in 2022, then slumped by 350 bps to 29.63% in 2023, then jumped by 156 bps to 16.56% in 2024, then dropped by 0 bps to 16.49% in 2025, then increased by 18 bps to 19.43% in 2026.
- Business Quant data shows MMM's Return on Capital Employed at 19.43% in Q2 2026, 17.35% in Q1 2026, and 16.49% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 93.07 Bn | 89.74 Bn | 2.68 Bn | 19.43% |
| 2 | Honeywell International | 78.50 Bn | 69.31 Bn | 3.65 Bn | 15.09% |
| 3 | Valmont Industries | 9.60 Bn | 9.44 Bn | 316.88 Mn | 16.67% |
| 4 | Brookfield Business | 6.66 Bn | -9.92 Bn | 1.31 Bn | - |
| 5 | Seaboard | 4.48 Bn | 3.32 Bn | 217.00 Mn | 4.40% |
| 6 | Otter Tail | 3.85 Bn | 3.44 Bn | 239.49 Mn | 9.46% |
| 7 | Deluxe | 1.21 Bn | 1.18 Bn | 279.40 Mn | 10.82% |
| 8 | Tetra Technologies | 1.08 Bn | 1.05 Bn | 38.23 Mn | -5.83% |
| 9 | Matthews International | 885.89 Mn | 849.80 Mn | 101.98 Mn | 6.54% |
| 10 | Compass Diversified Holdings | 765.15 Mn | 704.40 Mn | 189.36 Mn | 0.22% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 19.43% |
| Mar 31, 2026 | 17.35% |
| Dec 31, 2025 | 16.49% |
| Sep 30, 2025 | 16.92% |
| Jun 30, 2025 | 15.36% |
| Mar 31, 2025 | 16.15% |
| Dec 31, 2024 | 16.56% |
| Sep 30, 2024 | 15.08% |
| Jun 30, 2024 | 0.64% |
| Mar 31, 2024 | -26.17% |
| Dec 31, 2023 | -29.63% |
| Sep 30, 2023 | -37.74% |
| Jun 30, 2023 | -14.88% |
| Mar 31, 2023 | 10.99% |
| Dec 31, 2022 | 11.87% |
| Sep 30, 2022 | 20.69% |
| Jun 30, 2022 | 14.38% |
| Mar 31, 2022 | 18.80% |
| Dec 31, 2021 | 19.07% |
| Sep 30, 2021 | 19.67% |