3M (MMM) official guidance
3M (MMM) official earnings guidance and management outlook. Each figure management stated is shown with its revisions and the source quote.
See the full Filings Intelligence suiteMMM3M COFY2026 · ends 2026-12-31
1 metric1 maintainedearnings call · 21d
2026-10-20 14:32:09 UTC20%maintained
Free cash flow remains at approximately $4.8 billion and adjusted tax rate at about 20%.
MMM · transcript · Q3 FY2026
2026-10-20 14:31:00 UTCOpen source
2026-10-20 10:36:54 UTC20%maintained
| 2026 adjusted effective tax rate (non-GAAP measure)4,5 | | ~20% |
MMM · EX-99.1 · Q3 FY2026
2026-10-20 10:35:38 UTCOpen source
2026-07-21 10:34:59 UTC20%maintained
| 2026 adjusted effective tax rate (non-GAAP measure)4,5 | ~20% |
MMM · EX-99.1 · Q2 FY2026
2026-07-21 10:34:07 UTCOpen source
2026-04-21 10:35:31 UTC20%maintained
| 2026 adjusted effective tax rate (non-GAAP measure)3,4 | | ~20% |
MMM · EX-99.1 · Q1 FY2026
2026-04-21 10:34:26 UTCOpen source
2026-01-20 11:35:39 UTC20%new
| 2026 adjusted effective tax rate (non-GAAP measure)3,4 | ~20% |
MMM · EX-99.1 · Q4 FY2025
2026-01-20 11:34:40 UTCOpen source
MMM3M COFY2027 · ends 2027-12-31
2 metrics2 newearnings call · 21d
2026-10-20 14:32:09 UTCshould remain stablenew
Non-operational performance will be influenced by changes in interest rates and FX, while the tax rate should remain stable and share buybacks will continue to be accretive.
MMM · transcript · Q3 FY2026
2026-10-20 14:31:00 UTCOpen source
2026-10-20 14:32:09 UTC$200Mnew
As you model into next year, I would say it is again going to be EPS neutral. There will be incremental $200 million of revenue coming from Madison.
MMM · transcript · Q3 FY2026
2026-10-20 14:31:00 UTCOpen source
MMM3M COFY2026 · ends 2026-12-31
2 metrics2 newearnings call · 21d
2026-10-20 14:32:09 UTC$185Mnew
On oil, we now estimate the inflation impact at $185 million, up from the $150 million-$175 million range we communicated in July.
MMM · transcript · Q3 FY2026
2026-10-20 14:31:00 UTCOpen source
2026-10-20 14:32:09 UTC24.6%new631 bps vs FY2025
For the year, we expect margin of about 24.6% on the new basis, in line with our prior expectations.
MMM · transcript · Q3 FY2026
2026-10-20 14:31:00 UTCOpen source
MMM3M COFY2027 · ends 2027-12-31
1 metric1 newearnings call · 21d
2026-10-20 14:32:09 UTCat least 25.4%new
Alongside growth, we will continue to drive productivity largely from supply chain and transformation actions, as we more than offset investments and stranded costs, resulting in margin rates exceeding our Investor Day target of 25.4% on the new basis.
MMM · transcript · Q3 FY2026
2026-10-20 14:31:00 UTCOpen source
MMM3M COFY2026 · ends 2026-12-31
1 metricearnings call · 21d
2026-10-20 14:32:09 UTCat least 3.5%3.5% vs FY2025
Order momentum, a healthy backlog, and easier comparisons give us confidence in organic growth of just over 4% in the fourth quarter, keeping us on track for more than 3.5% for the full year.
MMM · transcript · Q3 FY2026
2026-10-20 14:31:00 UTCOpen source
2026-04-22 04:01:48 UTC3%maintained3% vs FY2025
Organic sales growth of approximately 3%, earnings per share ranging from $8.50-$8.70, and free cash flow conversion of greater than 100%.
MMM · transcript · Q1 FY2026
2026-04-22 04:00:00 UTCOpen source
2026-01-21 05:01:45 UTC3%new3% vs FY2025
This year, we expect organic sales growth of approximately 3%, adjusted operating margin expansion of 70-80 basis points, and earnings per share of $8.50-$8.70, and free cash flow conversion greater than 100%.
MMM · transcript · Q4 FY2025
2026-01-21 05:00:00 UTCOpen source
MMM3M COQ4 FY2026 · ends 2026-12-31
1 metric1 newearnings call · 21d
2026-10-20 14:32:09 UTC4%new4% vs Q4 FY2025
Order momentum, a healthy backlog, and easier comparisons give us confidence in organic growth of just over 4% in the fourth quarter, keeping us on track for more than 3.5% for the full year.
MMM · transcript · Q3 FY2026
2026-10-20 14:31:00 UTCOpen source
MMM3M COFY2026 · ends 2026-12-31
2 metrics2 newearnings call · 21d
2026-10-20 14:32:09 UTC$700Mnew
On that last part, data centers this year will be about $700 million.
MMM · transcript · Q3 FY2026
2026-10-20 14:31:00 UTCOpen source
2026-10-20 14:32:09 UTC$40Mnew
Joe, look, for this year, EBO is in the $40 million range, plus or minus.
MMM · transcript · Q3 FY2026
2026-10-20 14:31:00 UTCOpen source
MMM3M COFY2027 · ends 2027-12-31
1 metric1 newearnings call · 21d
2026-10-20 14:32:09 UTC$80M – $100Mnew
Your numbers next year are roundabout about right. It is sort of $80 million, $100 million of EBO.
MMM · transcript · Q3 FY2026
2026-10-20 14:31:00 UTCOpen source
MMM3M COQ4 FY2026 · ends 2026-12-31
1 metric1 newearnings call · 21d
2026-10-20 14:32:09 UTCturn slightly positivenew
In consumer, we expect will turn slightly positive in the back end, in the fourth quarter of the year.
MMM · transcript · Q3 FY2026
2026-10-20 14:31:00 UTCOpen source
MMM3M COFY2027 · ends 2027-12-31
1 metric1 newearnings call · 21d
2026-10-20 14:32:09 UTCgood growth in line with our second half exit ratenew
We expect good growth in line with our second half exit rate, with more contribution coming from new product launches as we sustain commercial excellence, including pricing discipline.
MMM · transcript · Q3 FY2026
2026-10-20 14:31:00 UTCOpen source
MMM3M COFY2026 · ends 2026-12-31
7 metrics1 raised1 new4 maintainedearnings release · 21d
2026-10-20 10:36:54 UTC$1.1Bmaintained20.9% vs FY2025
| Purchase of property, plant and equipment (PPE) | ~$1.1 |
MMM · EX-99.1 · Q3 FY2026
2026-10-20 10:35:38 UTCOpen source
2026-07-21 10:34:59 UTC$1.1Bmaintained20.9% vs FY2025
| Purchase of property, plant and equipment (PPE) | ~$1.1 |
MMM · EX-99.1 · Q2 FY2026
2026-07-21 10:34:07 UTCOpen source
2026-04-21 10:35:31 UTC$1.1Bmaintained20.9% vs FY2025
| Purchase of property, plant and equipment (PPE) | ~1.1 |
MMM · EX-99.1 · Q1 FY2026
2026-04-21 10:34:26 UTCOpen source
2026-01-20 11:35:39 UTC$1.1Bnew
| Purchase of property, plant and equipment (PPE) | ~1.1 |
MMM · EX-99.1 · Q4 FY2025
2026-01-20 11:34:40 UTCOpen source
2026-10-20 10:36:54 UTC$9.1 – $9.15raised +2.8%
•Adjusted EPS2 of $9.10 to $9.15.
MMM · EX-99.1 · Q3 FY2026
2026-10-20 10:35:38 UTCOpen source
2026-07-21 10:34:59 UTC$8.8 – $8.95raised +3.2%
•Adjusted EPS2 in the range of $8.80 to $8.95.
MMM · EX-99.1 · Q2 FY2026
2026-07-21 10:34:07 UTCOpen source
2026-04-21 10:35:31 UTC$8.5 – $8.7maintained
•Adjusted EPS1 in the range of $8.50 to $8.70.
MMM · EX-99.1 · Q1 FY2026
2026-04-21 10:34:26 UTCOpen source
2026-01-20 11:35:39 UTC$8.5 – $8.7new
Adjusted EPS1 in the range of $8.50 to $8.70.
MMM · EX-99.1 · Q4 FY2025
2026-01-20 11:34:40 UTCOpen source
2026-10-20 10:36:54 UTC$4.8Bmaintained
•Adjusted operating cash flow2 of ~$5.9 billion with adjusted free cash flow of ~$4.8 billion.
MMM · EX-99.1 · Q3 FY2026
2026-10-20 10:35:38 UTCOpen source
2026-07-21 10:34:59 UTC$4.7B – $4.9Braised +2.1%
| Adjusted free cash flow (non-GAAP measure)5,6 | $4.7 to $4.9 |
MMM · EX-99.1 · Q2 FY2026
2026-07-21 10:34:07 UTCOpen source
2026-04-21 10:35:31 UTC$4.6B – $4.8Bmaintained
| Adjusted free cash flow (non-GAAP measure)4,5 | $4.6 to $4.8 |
MMM · EX-99.1 · Q1 FY2026
2026-04-21 10:34:26 UTCOpen source
2026-01-20 11:35:39 UTC$4.6B – $4.8Bnew
| Adjusted free cash flow (non-GAAP measure)4,5 | $4.6 to $4.8 |
MMM · EX-99.1 · Q4 FY2025
2026-01-20 11:34:40 UTCOpen source
2026-10-20 10:36:54 UTC$5.9Bmaintained
•Adjusted operating cash flow2 of ~$5.9 billion with adjusted free cash flow of ~$4.8 billion.
MMM · EX-99.1 · Q3 FY2026
2026-10-20 10:35:38 UTCOpen source
2026-07-21 10:34:59 UTC$5.8B – $6Braised +3.5%
•Adjusted operating cash flow2 of $5.8 to $6.0 billion, contributing to >100 percent adjusted free cash flow conversion2.
MMM · EX-99.1 · Q2 FY2026
2026-07-21 10:34:07 UTCOpen source
2026-04-21 10:35:31 UTC$5.6B – $5.8Bmaintained
•Adjusted operating cash flow1 of $5.6 to $5.8 billion, contributing to >100 percent adjusted free cash flow conversion1.
MMM · EX-99.1 · Q1 FY2026
2026-04-21 10:34:26 UTCOpen source
2026-01-20 11:35:39 UTC$5.6B – $5.8Bnew
Adjusted operating cash flow1 of $5.6 to $5.8 billion, contributing to >100 percent adjusted free cash flow conversion1.
MMM · EX-99.1 · Q4 FY2025
2026-01-20 11:34:40 UTCOpen source
2026-10-20 10:36:54 UTC$5.9Bmaintained155.9% vs FY2025
| Net cash provided by (used in) operating activities | ~$5.9 |
MMM · EX-99.1 · Q3 FY2026
2026-10-20 10:35:38 UTCOpen source
2026-07-21 10:34:59 UTC$5.8B – $6Braised +3.5%151.5% – 160.2% vs FY2025
| Net cash provided by (used in) operating activities | $5.8 to $6.0 |
MMM · EX-99.1 · Q2 FY2026
2026-07-21 10:34:07 UTCOpen source
2026-01-20 11:35:39 UTC$5.6B – $5.8Bnew
| Net cash provided by (used in) operating activities | $5.6 to $5.8 |
MMM · EX-99.1 · Q4 FY2025
2026-01-20 11:34:40 UTCOpen source
2026-10-20 10:36:54 UTC24.6%new
| 2026 adjusted operating income margin expansion (non-GAAP measure)4,5 | | ~24.6% |
MMM · EX-99.1 · Q3 FY2026
2026-10-20 10:35:38 UTCOpen source
2026-10-20 10:36:54 UTCat least 3.5%3.5% vs FY2025
•Adjusted total sales growth2 of >4.5 percent, reflecting adjusted organic sales growth2 of >3.5 percent.
MMM · EX-99.1 · Q3 FY2026
2026-10-20 10:35:38 UTCOpen source
2026-07-21 10:34:59 UTCat least 3.5%3.5% vs FY2025
•Adjusted total sales growth2 of >4.5 percent, reflecting adjusted organic sales growth2 of >3.5 percent.
MMM · EX-99.1 · Q2 FY2026
2026-07-21 10:34:07 UTCOpen source
2026-04-21 10:35:31 UTC3%maintained3% vs FY2025
•Adjusted total sales growth1 of ~4 percent, reflecting adjusted organic sales growth1 of ~3 percent.
MMM · EX-99.1 · Q1 FY2026
2026-04-21 10:34:26 UTCOpen source
2026-01-20 11:35:39 UTC3%new3% vs FY2025
Adjusted total sales growth1 of ~4 percent, reflecting adjusted organic sales growth1 of ~3 percent.
MMM · EX-99.1 · Q4 FY2025
2026-01-20 11:34:40 UTCOpen source