3M Co (TSX:MMMM) Retained Earnings: C$52,358 Mil (As of Mar. 2026)


TSX:MMMM 3M Co TSX:MMMM
54 GF Score
Price C$24.82
GF Value C$22.02
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is 3M Co Retained Earnings?

3M Co TSX:MMMM -4.76% 54 Retained Earnings is C$52,358 Mil as of Mar. 2026. GuruFocus rates TSX:MMMM with a GF Score™ of 54/100 and a GF Value™ of C$22.02 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. 3M Co's retained earnings for the quarter that ended in Mar. 2026 was C$52,358 Mil.

3M Co's quarterly retained earnings increased from Sep. 2025 (C$52,712 Mil) to Dec. 2025 (C$52,777 Mil) but then declined from Dec. 2025 (C$52,777 Mil) to Mar. 2026 (C$52,358 Mil).

3M Co's annual retained earnings increased from Dec. 2023 (C$50,282 Mil) to Dec. 2024 (C$52,425 Mil) and increased from Dec. 2024 (C$52,425 Mil) to Dec. 2025 (C$52,777 Mil).


3M Co  (TSX:MMMM) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


3M Co Retained Earnings Historical Data

* Premium members only.

The historical data trend for 3M Co's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

3M Co Retained Earnings Chart

3M Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 58,650.88 65,140.08 50,281.83 52,424.69 52,776.91

3M Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 53,737.38 51,518.79 52,711.69 52,776.91 52,358.26
TSX:MMMM
54GF Score
3M Co TSX:MMMM
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

3M Co Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of C$52,358 Mil mean?
3M Co (TSX:MMMM) has a Retained Earnings of C$52,358 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on 3M Co and its competitors.
Is 3M Co's Retained Earnings too high?
3M Co's current Retained Earnings is C$52,358 Mil. Overall, 3M Co has a GF Score™ of 54/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does 3M Co's Retained Earnings compare to HON and VMI?
3M Co's Retained Earnings of C$52,358 Mil can be compared against companies in the Conglomerates industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Conglomerates company?
A good Retained Earnings depends on the Conglomerates industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on 3M Co and its competitors. 3M Co's current Retained Earnings is C$52,358 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 3M Co stock overvalued right now?
Based on GuruFocus' analysis, 3M Co (TSX:MMMM) is currently considered Modestly Overvalued. The stock's GF Value™ is C$22.02, compared to a current price of C$24.82 — trading 12.7% above its estimated fair value. The current Retained Earnings is C$52,358 Mil. 3M Co's overall GF Score™ is 54/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For 3M Co (TSX:MMMM), the current Retained Earnings is C$52,358 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is 3M Co (TSX:MMMM) Overvalued in 2026?

Based on GuruFocus' analysis, 3M Co stock appears to be overvalued. The current stock price of C$24.82 is trading 12.7% above its estimated GF Value™ of C$22.02. GuruFocus considers 3M Co to be Modestly Overvalued.

Key valuation signals for TSX:MMMM:

  • Retained Earnings: C$52,358 Mil
  • GF Value™: C$22.02 vs. price of C$24.82 (12.7% above fair value)
  • GF Score™: 54/100 with 6 warning signs

No single metric tells the full story. See the TSX:MMMM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


3M Co Business Description

Address 3M Center, St. Paul, MN, USA, 55144
3M, a multinational conglomerate founded in 1902, sells tens of thousands of products ranging from sponges to respirators. The firm is well known for its extensive research and development capabilities, and it is a pioneer in inventing new use cases for its proprietary technologies. 3M is organized across three business segments: safety and industrial (representing around 44% of revenue), transportation and electronics (36%), and consumer (20%). The firm recently spun off its healthcare business, now known as Solventum. Nearly half of 3M's revenue comes from outside the Americas.
54GF Score

Get the complete analysis for TSX:MMMM

Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$24.82
Price
C$22.02
GF Value