3M's sales remain flat, with no signs of a true turnaround, despite some resilience across business divisions and modest organic growth. Profitability has improved, but inventory and receivables increases raise concern about demand and cash flow, respectively. Full-year guidance indicates continued sluggish sales, and a slowdown in EPS and margin growth, while tariff headwinds are less severe than feared.
3M's correction after the double-beat FQ2'25 performance and the raised FY2025 adj EPS guidance implies a notable profit taking at recent heights. This is worsened by the uncertainties arising from the mixed macroeconomic environment, the ongoing tariff war, and the softer auto/consumer electronics end market. Even so, we believe that MMM remains highly compelling, as the management aims to drive renewed growth through strategic product launches in the semiconductor/aerospace end market.
3M Company (NYSE:MMM ) Q2 2025 Earnings Conference Call July 18, 2025 9:00 AM ET Company Participants Anurag Maheshwari - CFO & Executive VP Chinmay Trivedi - Senior Vice President of Investor Relations and Financial Planning & Analysis William M. Brown - CEO & Chairman Conference Call Participants Amit Singh Mehrotra - UBS Investment Bank, Research Division Andrew Alec Kaplowitz - Citigroup Inc., Research Division Andrew Burris Obin - BofA Securities, Research Division Charles Stephen Tusa - JPMorgan Chase & Co, Research Division Christopher M.
![]() MMM 2 months ago | Other | €0.62 Per Share |
![]() MMM 5 months ago | Other | €0.62 Per Share |
![]() MMM 8 months ago | Other | €0.6 Per Share |
![]() MMM 11 months ago | Other | €0.6 Per Share |
![]() MMM 23 May 2024 | Other | €0.6 Per Share |
21 Oct 2025 (In 2 months) Date | | 2.06 Cons. EPS | - EPS |
20 Oct 2025 (In 2 months) Date | | - Cons. EPS | - EPS |
24 Jul 2025 Date | | - Cons. EPS | - EPS |
22 Jul 2025 Date | | 2.01 Cons. EPS | - EPS |
18 Jul 2025 Date | | 2.01 Cons. EPS | 1.34 EPS |
![]() MMM 2 months ago | Other | €0.62 Per Share |
![]() MMM 5 months ago | Other | €0.62 Per Share |
![]() MMM 8 months ago | Other | €0.6 Per Share |
![]() MMM 11 months ago | Other | €0.6 Per Share |
![]() MMM 23 May 2024 | Other | €0.6 Per Share |
21 Oct 2025 (In 2 months) Date | | 2.06 Cons. EPS | - EPS |
20 Oct 2025 (In 2 months) Date | | - Cons. EPS | - EPS |
24 Jul 2025 Date | | - Cons. EPS | - EPS |
22 Jul 2025 Date | | 2.01 Cons. EPS | - EPS |
18 Jul 2025 Date | | 2.01 Cons. EPS | 1.34 EPS |
Conglomerates Industry | Industrials Sector | William M. Brown CEO | XETRA Exchange | US88579Y1010 ISIN |
US Country | 61,500 Employees | 14 Feb 2025 Last Dividend | 1 Apr 2024 Last Split | 2 Jan 1970 IPO Date |
The 3M Company, established in 1902 and based in Saint Paul, Minnesota, operates globally, offering a wide array of diversified technology services and products. The company’s operations span across the United States and international markets, characterized by a portfolio that includes safety and industrial products, transportation and electronics materials, and consumer goods. 3M distinguishes itself by providing innovative solutions across multiple segments, aiming to meet the varied needs of customers through traditional wholesalers, retailers, jobbers, distributors, dealers, and e-commerce platforms.
Safety and Industrial:
Transportation and Electronics:
Consumer: