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
DateValue
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%