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
DateValue
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%