Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
3M CoXSWX:MMM 51 10-Year Share Buyback Ratio is 1.30 as of Jun. 2026. GuruFocus rates XSWX:MMM with a GF Score™ of 51/100 and a GF Value™ of CHF109.99 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 373 Conglomerates companies, 3M Co ranks better than 89.28% on this metric.
Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.
10-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past ten years. It is calculated as the annualized percentage change in shares outstanding from ten years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. 3M Co's current 10-Year Share Buyback Ratio was 1.30%.
XSWX:MMM's 10-Year Share Buyback Ratio is ranked better than 89.28% of 373
companies
in the Conglomerates industry
Industry Median: -0.6
vs XSWX:MMM: 1.30
3M Co (XSWX:MMM) 10-Year Share Buyback Ratio Explanation
A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.
Be Aware
Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.
3M Co 10-Year Share Buyback Ratio Related Terms
XSWX:MMM vs HON, VMI, GHC: 10-Year Share Buyback Ratio Comparison
For the Conglomerates subindustry, 3M Co's 10-Year Share Buyback Ratio, along with its competitors' market caps and 10-Year Share Buyback Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
3M Co 10-Year Share Buyback Ratio vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, 3M Co's 10-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where 3M Co's 10-Year Share Buyback Ratio falls into.
This is the annualized percentage change in shares outstanding from ten years ago to the current year. The annualized percentage change is calculated with least-square regression based on the eleven years of annual data on Shares Outstanding (EOP).
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
What does a 10-Year Share Buyback Ratio of 1.30 mean?
3M Co (XSWX:MMM) has a 10-Year Share Buyback Ratio of 1.30 as of Jun. 2026. The 10-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past ten years. It is calculated as the annualized percentage change in shares outstanding from ten years ago to the current year. View historical data for 3M Co and its competitors. According to the industry distribution chart, 3M Co ranks #40 out of 373 companies in the Conglomerates industry, placing it in the top 10.7%.
Is 3M Co's 10-Year Share Buyback Ratio too high?
3M Co's current 10-Year Share Buyback Ratio is 1.30. Based on the distribution chart, 3M Co ranks #40 out of 373 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, 3M Co has a GF Score™ of 51/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does 3M Co's 10-Year Share Buyback Ratio compare to HON and VMI?
According to the Conglomerates industry distribution chart, 3M Co ranks #40 out of 373 companies for 10-Year Share Buyback Ratio. This places 3M Co in the top 11% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 10-Year Share Buyback Ratio for a Conglomerates company?
A good 10-Year Share Buyback Ratio depends on the Conglomerates industry context. However, 10-Year Share Buyback Ratio 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 10-Year Share Buyback Ratio mean?
A high 10-Year Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 10-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past ten years. It is calculated as the annualized percentage change in shares outstanding from ten years ago to the current year. View historical data for 3M Co and its competitors. 3M Co's current 10-Year Share Buyback Ratio is 1.30. 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 (XSWX:MMM) is currently considered Modestly Overvalued. The stock's GF Value™ is CHF109.99, compared to a current price of CHF142.00 — trading 29.1% above its estimated fair value. The current 10-Year Share Buyback Ratio is 1.30. 3M Co's overall GF Score™ is 51/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 10-Year Share Buyback Ratio calculated?
10-Year Share Buyback Ratio is calculated from a company's financial statements. For 3M Co (XSWX:MMM), the current 10-Year Share Buyback Ratio is 1.30 as of Jun. 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 (XSWX:MMM) Overvalued in 2026?
Based on GuruFocus' analysis, 3M Co stock appears to be overvalued.
The current stock price of CHF142.00 is trading 29.1% above its estimated GF Value™ of CHF109.99.
GuruFocus considers 3M Co to be Modestly Overvalued.
Key valuation signals for XSWX:MMM:
10-Year Share Buyback Ratio: 1.30
GF Value™: CHF109.99 vs. price of CHF142.00 (29.1% above fair value)
No single metric tells the full story. See the XSWX:MMM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
51GF Score
Get the complete analysis for XSWX:MMM
10-Year Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XSWX:MMM has been successfully added to your 
