MMM 3M PE ratio, current and historical analysis

The PE ratio for 3M stock stands at 19.37 as of Mar 31, 2025. This is calculated based on the current EPS of $7.58 and the stock price of $146.86 per share.

MMM PE ratio history

How has MMM's PE ratio performed in the past

Over the last ten years, the average PE ratio of 3M has been 20.98. The current 19.37 PE ratio is 8% below the historical average. Over the past ten years, MMM's PE ratio was at its highest in the Jun 2024 quarter at 59.76, with a price of $102.19 and an EPS of $1.71. The Sep 2022 quarter recorded the bottom point at 9.58, with a price of $110.5 and an EPS of $11.53.

Today
19.47
Average
20.98
Median
19.51
Minimum
9.58
Maximum
59.76

3M PE ratio by year

Maximum annual increase: 41.49% in 2013

Maximum annual decrease: -32.32% in 2022

Year PE ratio PE change Price EPS
2024 17.03 N/A $129.09 $7.58
2023 N/A N/A $109.32 -$12.63
2022 11.75 -32.32% $119.92 $10.21
2021 17.36 -6.36% $177.63 $10.23
2020 18.54 -17.71% $174.79 $9.43
2019 22.53 7.49% $176.42 $7.83
2018 20.96 -27.6% $190.54 $9.09
2017 28.95 35.34% $235.37 $8.13
2016 21.39 9.64% $178.57 $8.35
2015 19.51 -9.42% $150.64 $7.72
2014 21.54 4.92% $164.32 $7.63
2013 20.53 41.49% $140.25 $6.83
2012 14.51 7.4% $92.85 $6.4
2011 13.51 -10.47% $81.73 $6.05
2010 15.09 -16.77% $86.3 $5.72

3M PE ratio by quarter (TTM)

Year PE ratio PE change Price EPS
Dec 2024 17.03 -1.1% $129.09 $7.58
Sep 2024 17.22 -71.18% $136.7 $7.94
Jun 2024 59.76 N/A $102.19 $1.71
Mar 2024 N/A N/A $106.07 -$12.71
Dec 2023 N/A N/A $109.32 -$12.63
Sep 2023 N/A N/A $93.62 -$13.29
Jun 2023 N/A N/A $100.09 -$2.76
Mar 2023 10.8 -8.09% $105.11 $9.73
Dec 2022 11.75 22.65% $119.92 $10.21
Sep 2022 9.58 -46.63% $110.5 $11.53
Jun 2022 17.95 16.86% $129.41 $7.21
Mar 2022 15.36 -11.52% $148.88 $9.69
Dec 2021 17.36 2.06% $177.63 $10.23
Sep 2021 17.01 -11.73% $175.42 $10.31
Jun 2021 19.27 -0.46% $198.63 $10.31

MMM average PE ratio chart

What is the average PE ratio of MMM for the past years

The current PE ratio of MMM is greater than its 5-year historical average, but it is below the 3 and 10-year averages.

3-year avg
20.58
5-year avg
19.15
10-year avg
20.98
15-year avg
19.4

MMM PE vs peers

What is MMM's PE ratio compared to its peers

Compared to its peers AAPL and JNJ, MMM's PE ratio stands lower, however it is higher than HPQ's. 3M is presently trading at a lower PE ratio (19.37) than its peer group average of 27.32.

Stock name PE ratio Market cap
HPQ Hp Inc 9.82 $25.92B
MMM 3M Co 19.47 $80.13B
ITW Illinois Tool Works Inc 21.1 $72.76B
HON Honeywell International Inc 24.23 $137.96B
JNJ Johnson & Johnson 26.61 $374.14B
ALGN Align Technology Inc 28.03 $11.62B
GE General Electric Co 33.68 $218.36B
AAPL Apple Inc 35.16 $3.34T
DHR Danaher Corp 37.78 $143.93B
GLW Corning Inc 76.59 $38.71B
XRAY DENTSPLY SIRONA Inc N/A $2.94B

Frequently asked questions

What is 3M's PE ratio?

The price to earnings ratio for MMM stock as of Mar 31, 2025, stands at 19.37.

What is the 3-year average PE ratio for 3M (MMM)?

The 3-year average PE ratio for MMM stock is 20.58.

What is the 5-year average PE ratio for 3M (MMM)?

The 5-year average PE ratio for MMM stock is 19.15.

What is the highest PE ratio for MMM?

The highest quarterly PE ratio in the last ten years has been 59.76 and it was in the Jun 2024 quarter.

How does the current PE ratio for MMM compare to its historical average?

The current price to earnings ratio of MMM is 8% lower than the 10-year historical average.

How is MMM's PE ratio calculated (3M PE ratio formula)?

To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Mar 31, 2025), 3M's stock price is $146.86. The earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $7.58. Therefore, 3M's P/E ratio for today is 19.37. PE RATIO(19.37) = STOCK PRICE($146.86) / TTM EPS($7.58)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.