A new SEC filing for 3M Co. (MMM) triggered this report, published on 2026-07-23. No additional briefing disclosures were available at the time of generation, and the filing itself represents the primary data event underpinning this update.
As of the quarter ending 2026-06-30, 3M reported trailing twelve-month revenue of $25.18 billion, reflecting year-over-year growth of 2.46% [SEC 10-Q - MMM - 2026-06-30]. Net income over the same period was $2.997 billion, with a net margin of 11.90% and an operating margin of 18.36%. EPS grew 32.84% year-over-year on a TTM basis. The company held $2.955 billion in cash against total debt of $12.551 billion, yielding a net debt position of approximately $9.596 billion. Market capitalisation stood at approximately $88.06 billion, with a P/E ratio of 30.33 [SEC 10-Q - MMM - 2026-06-30].
Insider activity over the past 30 days recorded two transactions with a mixed directional profile and a net reported value of zero dollars [SEC Form 4 - MMM - 2026-07]. The mixed signal indicates that both acquisition and disposal activity occurred within the period, though no dominant directional pattern emerged from the available filings. No 13F institutional holding changes were provided in the current dataset.
The broader interest rate environment shows the 10-year US Treasury yield at 4.63% and the 2-year at 4.26%, producing a normal yield curve spread of approximately 37 basis points [FRED DGS10] [FRED DGS2]. This rate configuration represents the current cost-of-capital backdrop against which 3M's debt load of $12.551 billion is held.