MMMNEUTRAL

MMM EV/EBITDA Analysis

15.4x

Higher than 60% of Industrials sector peers

Updated 297h ago·SEC filings & market data

Key Takeaway

At 15.4x, EV/EBITDA measures 3M’s total company value (market cap plus debt minus cash) relative to its earnings before interest, taxes, depreciation, and amortization — a higher multiple means investors pay more per unit of operating profit.

Sector Performance

60th percentile

MMM

15.4x

Sector Median

12.8x

Sector Avg

50.5x

Prior Period

15.8x(Aug 2026)

↑ Improving

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Deep Analysis

This sits above the Industrials sector median of 13.2x, placing 3M at the 60th percentile among peers, so it is pricier than most similar companies. The trend is stable, with the year-over-year change not available, while the quarter-over-quarter change is -2.4%, showing a slight recent cooling from 15.8x to 15.4x. A level above the sector median combined with a stable-to-slightly-declining trend suggests limited upside from valuation compression, but also little immediate risk of a sharp de-rating if earnings hold. For an investor, that implies a balanced risk profile: the premium is not extreme, and the stability reduces the chance of a sudden valuation shock. This metric supports the overall NEUTRAL verdict, as it neither flags a compelling bargain nor signals overvaluation that would warrant avoidance.

Frequently Asked Questions

What does the EV/EBITDA tell investors about MMM?

A valuation multiple preferred by analysts for capital-intensive or leveraged businesses. Useful for cross-sector comparisons where earnings can be distorted by debt.

How is the EV/EBITDA calculated?

EV/EBITDA is calculated as: Enterprise Value / EBITDA.

How does MMM's EV/EBITDA compare to its sector?

MMM's EV/EBITDA of 15.4x compares to a Industrials sector median of 12.8x, placing it in the 60th percentile.

Who are MMM's closest peers by EV/EBITDA?

The closest Industrials peers by EV/EBITDA include: POOL (13.2x), BLDR (12.4x), AOS (11.8x), AVY (11.5x), AAL (11.4x).

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Learn More About EV/EBITDA

EV/EBITDA Explained: The Valuation Metric Pro Investors Actually Use

Learn what EV/EBITDA is, why it beats P/E for capital-heavy companies, typical sector ranges, and key limitations every serious investor should know.

The Formula

Enterprise Value / EBITDA

Why It Matters

A valuation multiple preferred by analysts for capital-intensive or leveraged businesses. Useful for cross-sector comparisons where earnings can be distorted by debt.