Three briefings published between 11 September and 27 September 2026 each referenced a SEC filing for 3M Co. (MMM) dated 2026-07-23, covering the quarter ending 2026-06-30, as the primary data event for the period. All three briefings noted no additional disclosure events beyond that filing, with reported data confined to what the quarterly submission contained [Brief - 2026-09-11] [Brief - 2026-09-19] [Brief - 2026-09-27].
As of the quarter ending 2026-06-30, 3M reported trailing twelve-month revenue of $25.18 billion, representing year-over-year growth of 2.46%. Net income on a TTM basis was $2.997 billion, yielding 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 $83.49 billion, with a price-to-earnings ratio of 28.75 [SEC 10-Q - MMM - 2026-06-30].
Insider activity in October 2026 comprised two transactions with a mixed directional signal and a net reported value of zero, indicating no material net disposition or acquisition by insiders during the period [SEC Form 4 - MMM - 2026-10]. Institutionally, five notable firms — Citadel (Ken Griffin), AQR Capital (Cliff Asness), Millennium (Izzy Englander), Bridgewater (Ray Dalio), and ARK Invest (Cathie Wood) — each opened new positions in MMM during the most recent 13F reporting period, constituting the material institutional position changes that motivated this report [SEC 13F - Citadel - Q3 2026] [SEC 13F - AQR Capital - Q3 2026] [SEC 13F - Millennium - Q3 2026] [SEC 13F - Bridgewater - Q3 2026] [SEC 13F - ARK Invest - Q3 2026].
The prevailing macro environment as of the report date shows the 10-year US Treasury yield at 5.24% and the 2-year yield at 4.78%, producing a normal yield curve spread of 46 basis points [FRED DGS10] [FRED DGS2]. This rate configuration represents the broader fixed-income backdrop against which MMM's debt load of $12.551 billion and its financing costs are situated.