Companies /Industrials
3M Company
NYSE: MMM Conglomerates
$159.96
▼ $3.62 (−2.21%) today
Markets closed · 9:12pm ET

3M (MMM) Q3 2025 Earnings

Reported Oct 21, 2025, 6:33am ET · SEC source
$2.19
Beat +5.62%
EPS · est. $2.07
$6.5B
Beat +4.24%
Revenue · est. $6.3B
+1.6%
Beating market
MMM vs S&P since report
6 quarters
Consecutive EPS beats

How Did MMM Stock React to Q3 2025 Earnings?

% change · around the report
0+3%+6%+9%Oct 21Oct 22report 6:33am ETearnings−0.6%+8.5%
0+3%+6%+9%Oct 21Oct 22earnings−0.6%+8.5%
MMM +8.5%S&P 500 −0.6%
0+4%+8%Oct 21Oct 22report 6:33am ETearnings−1.1%+8.5%
0+4%+8%Oct 21Oct 22earnings−1.1%+8.5%
MMM +8.5%NASDAQ −1.1%
0+4%+8%Oct 20Oct 29report 6:33am ETearnings+2.6%+6.1%
0+4%+8%Oct 20Oct 29earnings+2.6%+6.1%
MMM +6.1%S&P 500 +2.6%
0+4%+8%Oct 20Oct 29report 6:33am ETearnings+4.0%+6.1%
0+4%+8%Oct 20Oct 29earnings+4.0%+6.1%
MMM +6.1%NASDAQ +4.0%
+7.66%
Day of report
+0.35%
Next session
+0.11%
One week
−1.22%
30 days

S&P 500 over the same 30 days: −2.79%.

Did MMM Beat Earnings? Q3 2025 Results

Yes. 3M reported Q3 2025 earnings of $2.19 a share on Oct 21, 2025, beating the $2.07 consensus estimate by 5.6%. Revenue was $6.5B against a $6.3B estimate.

3M delivered a convincing third quarter of 2025, posting adjusted EPS of $2.19 against a consensus estimate of $2.07, a 5.62% beat, while revenue of $6.52 billion topped expectations by 4.24% and grew 3.5% year-over-year. The standout driver behind the quarter was the Safety and Industrial segment, which powered 4.1% organic sales growth and an adjusted operating margin of 26.3%, helping lift companywide adjusted operating margin by 170 basis points to 24.7%. Geographically, China led all markets with 9.4% organic growth, while the U.S. contributed a solid 3.6%. Cash generation was equally impressive, with adjusted free cash flow conversion reaching 111% for the quarter. The strong performance prompted management to raise full-year 2025 adjusted EPS guidance to $7.95 to $8.05, up from the prior range of $7.75 to $8.00, with adjusted organic sales growth now expected above 2% and operating margin expansion of 180 to 200 basis points, reinforcing confidence in the company's ongoing operational turnaround.

Key Takeaways
  • 3M excellence model driving accelerated organic sales growth
  • Adjusted operating margin expanded 170 bps YoY to 24.7%
  • Safety and Industrial segment led with 4.1% organic sales growth
  • China organic sales grew 9.4% (8.1% adjusted)
  • U.S. organic sales grew 3.6%
  • Robust adjusted free cash flow of $1.3 billion with 111% conversion

“I am very pleased with our teams' focus on reinvigorating organic top-line growth and improving operational performance resulting in another strong quarter.”

3M CEO, on the earnings call

What Was 3M's Outlook in Q3 2025?

3M raised its full-year 2025 guidance: adjusted EPS now expected at $7.95–$8.05 (up from $7.75–$8.00); adjusted total sales growth of >2.5% with adjusted organic sales growth of >2%; adjusted operating income margin expansion of 180–200 bps; adjusted operating cash flow of $5.2–$5.4 billion contributing to >100% adjusted free cash flow conversion; adjusted free cash flow of $4.3–$4.5 billion.

MMM YoY Financials

Q3 2025 vs Q3 2024 · SEC filings Q3 2024 Q3 2025
$0$2.0B$4.0B$6.0B$6.3B$6.5BRevenue$1.3B$1.4BOperating Income$1.4B$834.0MNet Income$2.6B$2.7BGross Profit
$0$2.0B$4.0B$6.0BRevenueOperating IncomeNet IncomeGross Profit
MMM income statement, Q3 2025 versus Q3 2024
Metric Q3 2025 Q3 2024 Year over year
Revenue $6.5B $6.3B +3.5%
Operating Income $1.4B $1.3B +8.5%
Net Income $834.0M $1.4B −39.2%
Gross Profit $2.7B $2.6B +3.1%

MMM Revenue by Segment

Safety and Industrial$2.9B+5.4%
Transportation and Electronics$2.2B+2.4%
Consumer$1.3B+0.9%
Personal Safety$895.0M
Electronics$790.0M
Commercial Branding and Transportation$691.0M
Industrial Adhesives and Tapes$587.0M
Automotive and Aerospace$484.0M

Figures from SEC filings and company reports. Not investment advice.