Filing Flows › 3M (MMM) › Guidance history
3M (MMM) guidance history: what it guided and what it reported
3M gave guidance in 14 earnings releases on file since Jan 23, 2024. Its releases raised guidance 5 times and lowered it 0 times.
Free cash flow
The GAAP figure from the filings is shown for each period reported; it is not judged against the guide, which may leave items out (one-off payments, acquisitions).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $4.6B–$4.8B (Jan 20, 2026) → reaffirmed $4.6B–$4.8B (Apr 21, 2026) → raised $4.7B–$4.9B (Jul 21, 2026) → reaffirmed $4.8B (Oct 20, 2026) | — | to be reported | — |
| FY2025 | $4.1B–$4.3B (Jan 21, 2025) → raised $4.2B–$4.5B (Jul 18, 2025) → raised $4.3B–$4.5B (Oct 21, 2025) | $1.4B (GAAP) | not judged | — |
| FY2024 | $4.9B–$5.7B (Jan 23, 2024) | $638M (GAAP) | not judged | — |
EPS
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2024 | −$12.63 (Apr 30, 2024) → raised $6.80–$7.30 (Jul 26, 2024) | — | — | — |
Capital expenditures
Every guided period is still to be reported.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $1.1B (Jul 21, 2026) → lowered $1.0B (Oct 20, 2026) | — | to be reported | — |
Adjusted EPS
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $1.00 (Jan 20, 2026) → reaffirmed $1.00 (Apr 21, 2026) → raised $8.80–$8.95 (Jul 21, 2026) → raised $9.10–$9.15 (Oct 20, 2026) | — | to be reported | — |
| FY2025 | $3.00 (Jan 21, 2025) → raised $7.60–$7.90 (Apr 22, 2025) → raised $7.75–$8.00 (Jul 18, 2025) → raised $7.95–$8.05 (Oct 21, 2025) | — | — | — |
| FY2024 | $3.00 (Jan 23, 2024) → raised $7.00–$7.30 (Oct 22, 2024) | — | — | — |
Adjusted operating cash flow
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $5.6B–$5.8B (Jan 20, 2026) → reaffirmed $5.6B–$5.8B (Apr 21, 2026) | — | to be reported | — |
| FY2025 | $5.2B–$5.3B (Jan 21, 2025) → raised $5.1B–$5.5B (Jul 18, 2025) | — | — | — |
| FY2024 | $6.5B–$7.1B (Jan 23, 2024) | — | — | — |
The latest quarter
3M, Q3 2026: revenue $6.6B (+1% year over year), operating margin 23.7%, net earnings $1.4B, operating cash flow $486M. The chart follows the revenue to costs, profit and cash.
Questions
Does 3M beat its guidance?
3M gave guidance in 14 earnings releases on file since Jan 23, 2024. Its releases raised guidance 5 times and lowered it 0 times.
How often does 3M raise guidance?
Its earnings releases raised guidance 5 times and lowered it 0 times since Jan 23, 2024.
Each guided period is held to the last guidance given before its figures were reported; a single figure counts as in line within 1% (0.25 pts for a rate). Reported figures are GAAP, from the company's filings; adjusted guidance shows its moves only.