3M Co (BUE:MMM) ROCE %: 15.71% (As of Mar. 2026)


BUE:MMM 3M Co BUE:MMM
57 GF Score
Price ARS25,100.00
GF Value ARS21,452.25
Valuation Modestly Overvalued
! 7 Warning Signs
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What is 3M Co ROCE %?

3M Co BUE:MMM +1.09% 57 ROCE % is 15.71% as of Mar. 2026. GuruFocus rates BUE:MMM with a GF Score™ of 57/100 and a GF Value™ of ARS21,452.25 (Modestly Overvalued). The stock has 7 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. 3M Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 15.71%.

3M Co  (BUE:MMM) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

3M Co ROCE % Related Terms

3M Co ROCE % Historical Data

* Premium members only.

The historical data trend for 3M Co's ROCE % 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 ROCE % Chart

3M Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.05 15.59 -39.40 29.16 21.47

3M Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % 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 22.77 16.12 19.96 14.21 15.71
BUE:MMM
57GF Score
3M Co BUE:MMM
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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3M Co ROCE % Calculation

3M Co's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=7488231.69/( ( (40266680.403 - 11368560.114) + (54769033.992 - 13927036.842) )/ 2 )
=7488231.69/( (28898120.289+40841997.15)/ 2 )
=7488231.69/34870058.7195
=21.47 %

3M Co's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=6107534.556/( ( (54769033.992 - 13927036.842) + (49548213.029 - 12628949.658) )/ 2 )
=6107534.556/( ( 40841997.15 + 36919263.371 )/ 2 )
=6107534.556/38880630.2605
=15.71 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 15.71% mean?
3M Co (BUE:MMM) has a ROCE % of 15.71% as of Mar. 2026.
Is 3M Co's ROCE % too high?
3M Co's current ROCE % is 15.71%. The Conglomerates industry median ROCE % is 6.92. 3M Co's value of 15.71% is 127% above this industry median. Overall, 3M Co has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does 3M Co's ROCE % compare to VMI and HON?
3M Co's ROCE % of 15.71% can be compared against companies in the Conglomerates industry. The industry median ROCE % is 6.92. 3M Co's value of 15.71% is 127% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Conglomerates company?
The median ROCE % among Conglomerates companies is 6.92, based on 556 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 3M Co's current ROCE % of 15.71% is 127% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Conglomerates industry, the median ROCE % is 6.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. 3M Co's current ROCE % is 15.71%. 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 (BUE:MMM) is currently considered Modestly Overvalued. The stock's GF Value™ is ARS21,452.25, compared to a current price of ARS25,100.00 — trading 17% above its estimated fair value. The current ROCE % is 15.71% and 127% above the Conglomerates industry median of 6.92. 3M Co's overall GF Score™ is 57/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For 3M Co (BUE:MMM), the current ROCE % is 15.71% 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 (BUE:MMM) Overvalued in 2026?

Based on GuruFocus' analysis, 3M Co stock appears to be overvalued. The current stock price of ARS25,100.00 is trading 17% above its estimated GF Value™ of ARS21,452.25. GuruFocus considers 3M Co to be Modestly Overvalued.

Key valuation signals for BUE:MMM:

  • ROCE %: 15.71%
  • GF Value™: ARS21,452.25 vs. price of ARS25,100.00 (17% above fair value)
  • GF Score™: 57/100 with 7 warning signs
  • Industry Position: 127% above the Conglomerates median

No single metric tells the full story. See the BUE:MMM 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.
57GF Score

Get the complete analysis for BUE:MMM

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

ARS25,100.00
Price
ARS21,452.25
GF Value