3M (MMM) Shares Outstanding (2009 - 2026)
3M (MMM) recorded Shares Outstanding of 519.7 million in Q2 2026, down 3.3% from 537.4 million a year earlier and down 1.8% from the prior quarter.
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Analysis
3M (MMM) Shares Outstanding (2009 - 2026) Analysis & Trends
For FY2025, 3M reported Shares Outstanding of 537.4 million, down 2.4% from FY2024.
- Annual Shares Outstanding has declined for four straight years, with a five-year compound annual growth rate of -1.4% (FY2020 to FY2025).
- Across earlier years, Shares Outstanding came in at 550.8 million in FY2024 (-0.6%), 553.9 million in FY2023 (-2.1%), 566 million in FY2022 (-2.2%) and 579 million in FY2021 (+0.2%).
- The Q2 2026 figure is the lowest quarterly Shares Outstanding in data going back to Q1 2009.
- On a year-over-year basis, Shares Outstanding has declined for eight consecutive quarters, with an average decline of 2.2% over the last eight quarters.
- Peak year-over-year performance for Shares Outstanding in the last five years was growth of 0.4% in Q1 2024, against a decline of 3.4% in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 529.1 million (Q1 2026), 537.4 million (Q4 2025) and 534.1 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 460.40 Mn |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 2.46 Bn |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 269.80 Mn |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 388.50 Mn |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 126.30 Mn |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 384.56 Mn |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 558.80 Mn |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 519.70 Mn |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 286.40 Mn |
| 10 | Cummins | 71.14 Bn | 68.27 Bn | 2.47 Bn | 137.90 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 519.70 Mn |
| Mar 31, 2026 | 529.10 Mn |
| Dec 31, 2025 | 537.40 Mn |
| Sep 30, 2025 | 534.10 Mn |
| Jun 30, 2025 | 537.40 Mn |
| Mar 31, 2025 | 543.80 Mn |
| Dec 31, 2024 | 550.80 Mn |
| Sep 30, 2024 | 550.60 Mn |
| Jun 30, 2024 | 553.80 Mn |
| Mar 31, 2024 | 555.00 Mn |
| Dec 31, 2023 | 553.90 Mn |
| Sep 30, 2023 | 554.30 Mn |
| Jun 30, 2023 | 553.90 Mn |
| Mar 31, 2023 | 552.70 Mn |
| Dec 31, 2022 | 566.00 Mn |
| Sep 30, 2022 | 568.80 Mn |
| Jun 30, 2022 | 571.00 Mn |
| Mar 31, 2022 | 572.30 Mn |
| Dec 31, 2021 | 579.00 Mn |
| Sep 30, 2021 | 579.60 Mn |
API Access
3M Shares Outstanding API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=shares-outstanding&ticker=MMM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "ticker": "MMM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=shares-outstanding&ticker=MMM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();