3M Earnings Estimate

MMM Stock  USD 163.79  8.11  5.21%   
The next projected EPS of 3M is estimated to be 1.98 with future projections ranging from a low of 1.77 to a high of 2.06. 3M's most recent 12-month trailing earnings per share (EPS TTM) is at 5.99. Please be aware that the consensus of earnings estimates for 3M Company is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
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3M is projected to generate 1.98 in earnings per share on the 31st of March 2026. 3M earnings estimates show analyst consensus about projected 3M Company EPS (Earning Per Share). It derives the highest and the lowest estimates based on 3M's historical volatility. Many public companies, such as 3M, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm.

3M Revenue Breakdown by Earning Segment

By analyzing 3M's earnings estimates, investors can diagnose different trends across 3M's analyst sentiment over time as well as compare current estimates against different timeframes. At this time, 3M's Gross Profit is very stable compared to the past year. As of the 5th of February 2026, Pretax Profit Margin is likely to grow to 0.19, while Operating Profit Margin is likely to drop 0.15. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in 3M Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

3M Earnings Estimation Breakdown

The calculation of 3M's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of 3M is estimated to be 1.98 with the future projection ranging from a low of 1.77 to a high of 2.06. Please be aware that this consensus of annual earnings estimates for 3M Company is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
1.07
1.77
Lowest
Expected EPS
1.98
2.06
Highest

3M Earnings Projection Consensus

Suppose the current estimates of 3M's value are higher than the current market price of the 3M stock. In this case, investors may conclude that 3M is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and 3M's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 31st of March 2026Current EPS (TTM)
1887.05%
1.07
1.98
5.99

3M Earnings History

Earnings estimate consensus by 3M Company analysts from Wall Street is used by the market to judge 3M's stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we suggest analyzing not only 3M's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.

3M Quarterly Gross Profit

2.06 Billion

As of the 5th of February 2026, Earnings Yield is likely to grow to 0.07, while Retained Earnings are likely to drop about 23.6 B. As of the 5th of February 2026, Common Stock Shares Outstanding is likely to grow to about 598.5 M. Also, Net Income Applicable To Common Shares is likely to grow to about 3.9 B.
Hype
Prediction
LowEstimatedHigh
162.14163.80165.46
Details
Intrinsic
Valuation
LowRealHigh
147.41170.39172.05
Details
Naive
Forecast
LowNextHigh
156.46158.12159.78
Details
19 Analysts
Consensus
LowTargetHigh
161.36177.32196.83
Details
Note that many institutional investors and large investment bankers can move markets due to the volume of 3M assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards 3M. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving 3M's stock price in the short term.

3M Earnings per Share Projection vs Actual

Actual Earning per Share of 3M refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering 3M Company predict the company's earnings will be in the future. The higher the earnings per share of 3M, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

3M Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as 3M, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of 3M should always be considered in relation to other companies to make a more educated investment decision.

3M Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact 3M's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2026-01-20
2025-12-311.791.07-0.7240 
2025-10-21
2025-09-302.072.190.12
2025-07-18
2025-06-302.012.160.15
2025-04-22
2025-03-311.762.040.2815 
2025-01-21
2024-12-311.541.680.14
2024-10-22
2024-09-301.91.980.08
2024-07-26
2024-06-301.681.930.2514 
2024-04-30
2024-03-312.112.390.2813 
2024-01-23
2023-12-312.312.420.11
2023-10-24
2023-09-302.352.680.3314 
2023-07-25
2023-06-301.762.170.4123 
2023-04-25
2023-03-311.61.970.3723 
2023-01-24
2022-12-312.372.28-0.09
2022-10-25
2022-09-302.592.690.1
2022-07-26
2022-06-302.442.480.04
2022-04-26
2022-03-312.322.650.3314 
2022-01-25
2021-12-312.022.310.2914 
2021-10-26
2021-09-302.212.450.2410 
2021-07-27
2021-06-302.282.590.3113 
2021-04-27
2021-03-312.292.770.4820 
2021-01-26
2020-12-312.172.380.21
2020-10-27
2020-09-302.272.430.16
2020-07-28
2020-06-301.81.78-0.02
2020-04-28
2020-03-312.012.160.15
2020-01-28
2019-12-312.11.95-0.15
2019-10-24
2019-09-302.52.580.08
2019-07-25
2019-06-302.072.130.06
2019-04-25
2019-03-312.52.23-0.2710 
2019-01-29
2018-12-312.282.310.03
2018-10-23
2018-09-302.72.58-0.12
2018-07-24
2018-06-302.62.59-0.01
2018-04-24
2018-03-312.482.50.02
2018-01-25
2017-12-312.032.10.07
2017-10-24
2017-09-302.212.330.12
2017-07-25
2017-06-302.592.58-0.01
2017-04-25
2017-03-312.062.160.1
2017-01-24
2016-12-311.871.880.01
2016-10-25
2016-09-302.142.150.01
2016-07-26
2016-06-302.072.080.01
2016-04-26
2016-03-311.922.050.13
2016-01-26
2015-12-311.621.660.04
2015-10-22
2015-09-302.012.050.04
2015-07-23
2015-06-301.992.020.03
2015-04-23
2015-03-311.931.85-0.08
2015-01-27
2014-12-311.81.810.01
2014-10-23
2014-09-301.961.980.02
2014-07-24
2014-06-301.911.910.0
2014-04-24
2014-03-311.81.79-0.01
2014-01-30
2013-12-311.621.620.0
2013-10-24
2013-09-301.751.780.03
2013-07-25
2013-06-301.711.710.0
2013-04-25
2013-03-311.651.61-0.04
2013-01-24
2012-12-311.411.410.0
2012-10-23
2012-09-301.651.650.0
2012-07-26
2012-06-301.651.660.01
2012-04-24
2012-03-311.481.630.1510 
2012-01-26
2011-12-311.311.350.04
2011-10-25
2011-09-301.611.52-0.09
2011-07-26
2011-06-301.591.60.01
2011-04-26
2011-03-311.441.490.05
2011-01-25
2010-12-311.281.280.0
2010-10-28
2010-09-301.511.530.02
2010-07-22
2010-06-301.481.540.06
2010-04-27
2010-03-311.191.40.2117 
2010-01-28
2009-12-311.21.30.1
2009-10-22
2009-09-301.171.370.217 
2009-07-23
2009-06-300.941.20.2627 
2009-04-24
2009-03-310.860.81-0.05
2009-01-29
2008-12-310.930.970.04
2008-10-21
2008-09-301.381.420.04
2008-07-24
2008-06-301.351.390.04
2008-04-24
2008-03-311.351.380.03
2008-01-29
2007-12-311.171.190.02
2007-10-19
2007-09-301.271.290.02
2007-07-26
2007-06-301.181.230.05
2007-04-26
2007-03-311.121.280.1614 
2007-01-30
2006-12-311.141.1-0.04
2006-10-20
2006-09-301.131.170.04
2006-07-25
2006-06-301.071.05-0.02
2006-04-21
2006-03-311.161.170.01
2006-01-24
2005-12-311.041.040.0
2005-10-18
2005-09-301.081.120.04
2005-07-18
2005-06-301.091.090.0
2005-04-18
2005-03-311.011.030.02
2005-01-18
2004-12-310.910.910.0
2004-10-18
2004-09-300.980.97-0.01
2004-07-19
2004-06-300.960.970.01
2004-04-19
2004-03-310.870.90.03
2004-01-20
2003-12-310.760.770.01
2003-10-20
2003-09-300.790.830.04
2003-07-21
2003-06-300.750.780.03
2003-04-21
2003-03-310.70.710.01
2003-01-21
2002-12-310.640.650.01
2002-10-21
2002-09-300.690.690.0
2002-07-22
2002-06-300.660.680.02
2002-04-22
2002-03-310.60.620.02
2002-01-23
2001-12-310.490.490.0
2001-10-22
2001-09-300.550.550.0
2001-07-23
2001-06-300.570.56-0.01
2001-04-23
2001-03-310.580.580.0
2001-01-16
2000-12-310.60.56-0.04
2000-10-23
2000-09-300.620.630.01
2000-07-26
2000-06-300.580.590.01
2000-04-25
2000-03-310.540.560.02
2000-01-26
1999-12-310.510.550.04
1999-10-25
1999-09-300.530.570.04
1999-07-29
1999-06-300.50.520.02
1999-04-30
1999-03-310.460.480.02
1999-01-25
1998-12-310.40.430.03
1998-10-22
1998-09-300.490.490.0
1998-07-23
1998-06-300.460.480.02
1998-04-28
1998-03-310.50.49-0.01
1998-01-27
1997-12-310.460.45-0.01
1997-10-22
1997-09-300.520.530.01
1997-07-23
1997-06-300.510.510.0
1997-04-22
1997-03-310.490.50.01
1997-01-28
1996-12-310.440.450.01
1996-10-25
1996-09-300.460.480.02
1996-07-29
1996-06-300.450.460.01
1996-05-02
1996-03-310.440.440.0

About 3M Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of 3M earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current 3M estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as 3M fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.
Last ReportedProjected for Next Year
Retained Earnings38.3 B23.6 B
Retained Earnings Total Equity55.1 B40 B
Earnings Yield 0.04  0.07 
Price Earnings Ratio 26.32  17.40 
Price Earnings To Growth Ratio(1.30)(1.23)

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When determining whether 3M Company is a strong investment it is important to analyze 3M's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact 3M's future performance. For an informed investment choice regarding 3M Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in 3M Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Will Industrial Conglomerates sector continue expanding? Could 3M diversify its offerings? Factors like these will boost the valuation of 3M. Expected growth trajectory for 3M significantly influences the price investors are willing to assign. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every 3M data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
(0.20)
Dividend Share
2.92
Earnings Share
5.99
Revenue Per Share
46.424
Quarterly Revenue Growth
0.02
3M Company's market price often diverges from its book value, the accounting figure shown on 3M's balance sheet. Smart investors calculate 3M's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since 3M's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Understanding that 3M's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether 3M represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. However, 3M's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.