A SEC filing for 3M Co. (MMM) dated 2026-07-23 represented the primary data event for the quarter ending 2026-06-30. No additional briefing disclosures beyond the filing itself were available at the time of the prior update, and the August 2026 report noted the same data scope. The filing captures 3M's financial position through the end of June 2026 and serves as the basis for this instrument report [Brief - 2026-08-07] [Brief - 2026-07-23].
As of the quarter ending 2026-06-30, 3M reported trailing twelve-month revenue of $25.18 billion, reflecting year-over-year revenue growth of 2.46%. Net income on a TTM basis 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. The company held $2.955 billion in cash against total debt of $12.551 billion. Market capitalisation stood at approximately $94.2 billion, with a P/E ratio of 32.44 [SEC 10-Q - MMM - 2026-06-30].
Insider activity over the past 30 days recorded eight transactions, with net direction characterised as selling, totalling approximately $4.31 million in net disposed value [SEC Form 4 - MMM - 2026-08]. On the institutional side, five notable firms opened new positions in MMM during the most recent reporting period: Citadel, AQR Capital, Millennium, Bridgewater, and ARK Invest each initiated fresh holdings, representing the material institutional position changes that triggered this report [SEC 13F - Citadel - Q2 2026] [SEC 13F - AQR Capital - Q2 2026] [SEC 13F - Millennium - Q2 2026] [SEC 13F - Bridgewater - Q2 2026] [SEC 13F - ARK Invest - Q2 2026].
The prevailing macro environment reflects a 10-year US Treasury yield of 4.63% and a 2-year yield of 4.15%, producing a normal yield curve with a spread of 48 basis points [FRED DGS10] [FRED DGS2]. This interest rate context is relevant to 3M's debt position of $12.551 billion, as prevailing rates affect the cost of refinancing or servicing outstanding obligations [SEC 10-Q - MMM - 2026-06-30].