3M (MMM) Return on Capital Employed (2009 - 2026)
3M's (MMM) quarterly Return on Capital Employed came in at 17.35% in Q1 2026, up 120.0% year-on-year from 7.89% in Q1 2025, and up 5.23% quarter-over-quarter from 16.49% in Q4 2025.
3M (MMM) Return on Capital Employed (2009 - 2026) Analysis & Trends
3M has disclosed Return on Capital Employed across 18 years of filings, most recently posting 17.35% for Q1 2026.
- Return on Capital Employed for Q1 2026 came in at 17.35%, up 120.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 17.35% (up 120.0% YoY), and the FY2025 annual result was 15.85%, up 165.0% from the prior year.
- Return on Capital Employed came in at 17.35% for Q1 2026 at 3M, up from 16.49% 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.
- The 5-year median for Return on Capital Employed is 15.08% (2024), against an average of 4.87%.
- Across the five-year window, Return on Capital Employed slumped 5843 bps in 2023 and soared 5283 bps in 2024, its largest moves.
- 3M's Return on Capital Employed stood at 11.87% in 2022, then sank by 350 bps to 29.63% in 2023, then surged by 156 bps to 16.56% in 2024, then declined by 0 bps to 16.49% in 2025, then gained by 5 bps to 17.35% in 2026.
- The last three Return on Capital Employed figures came in at 17.35% (Q1 2026), 16.49% (Q4 2025), and 16.92% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Pampa Energy | 1,836.33 Bn | 900.18 Bn | 109.00 Mn | -0.04% |
| 2 | Honeywell International | 145.45 Bn | 134.13 Bn | 3.54 Bn | 13.94% |
| 3 | 3M | 85.14 Bn | 81.04 Bn | 2.46 Bn | 17.35% |
| 4 | Valmont Industries | 11.12 Bn | 10.97 Bn | 316.88 Mn | 16.67% |
| 5 | Seaboard | 4.59 Bn | 3.45 Bn | 217.00 Mn | 4.40% |
| 6 | Otter Tail | 3.66 Bn | 3.25 Bn | 239.49 Mn | 9.46% |
| 7 | Tetra Technologies | 1.37 Bn | 1.37 Bn | 38.23 Mn | -9.76% |
| 8 | Deluxe | 1.04 Bn | 1.01 Bn | 279.40 Mn | 10.82% |
| 9 | Matthews International | 826.85 Mn | 790.76 Mn | 101.98 Mn | 6.54% |
| 10 | Compass Diversified Holdings | 760.64 Mn | 828.28 Mn | 189.36 Mn | 0.22% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 20.16% |