3M (MMM) Return on Capital Employed (2009 - 2026)
3M (MMM) posted Return on Capital Employed of 19.43% for Q2 2026, up 11.98% sequentially from 17.35% in Q1 2026, and up 407.0% YoY from 3.83% in Q2 2025.
3M (MMM) Return on Capital Employed (2009 - 2026) Analysis & Trends
3M has reported Return on Capital Employed for 18 years, with the latest figure at 19.43% in Q2 2026.
- Quarterly Return on Capital Employed rose 407.0% year-over-year to 19.43% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 19.43% (up 407.0% YoY) and the FY2025 annual result came in at 15.85%, up 165.0% from the prior year.
- Return on Capital Employed grew to 19.43% in Q2 2026 per MMM's latest filing, from 17.35% in the prior quarter.
- Over five years, Return on Capital Employed peaked at 20.69% in Q3 2022 and troughed at 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.
- The sharpest annual moves came in 2023 and 2024: Return on Capital Employed slumped 5843 bps in 2023, then surged 5283 bps in 2024.
- Over 5 years, Return on Capital Employed stood at 11.87% in 2022, then sank by 350 bps to 29.63% in 2023, then jumped by 156 bps to 16.56% in 2024, then retreated by 0 bps to 16.49% in 2025, then advanced by 18 bps to 19.43% in 2026.
- According to Business Quant data, Return on Capital Employed over the past three periods registered 19.43%, 17.35%, and 16.49% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 93.03 Bn | 89.70 Bn | 2.68 Bn | 19.43% |
| 2 | Honeywell International | 69.07 Bn | 59.88 Bn | 3.65 Bn | 15.09% |
| 3 | Valmont Industries | 9.37 Bn | 9.23 Bn | 340.82 Mn | 21.53% |
| 4 | Brookfield Business | 5.92 Bn | 1.16 Bn | 1.27 Bn | 9.10% |
| 5 | Pampa Energy | 4.33 Bn | 4.33 Bn | 372,128.00 | -24.85% |
| 6 | Seaboard | 4.00 Bn | 2.79 Bn | 221.00 Mn | 5.02% |
| 7 | Otter Tail | 3.80 Bn | 3.45 Bn | 216.33 Mn | 6.03% |
| 8 | Deluxe | 1.09 Bn | 1.05 Bn | 259.60 Mn | 11.18% |
| 9 | Tetra Technologies | 1.00 Bn | 848.28 Mn | 45.71 Mn | 8.26% |
| 10 | Compass Diversified Holdings | 776.50 Mn | 715.75 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% |