3M Co (MEX:MMM) Total Operating Expense: MXN91,499 Mil (TTM As of Mar. 2026)


MEX:MMM 3M Co MEX:MMM
63 GF Score
Price MXN2,859.00
GF Value MXN2,347.40
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is 3M Co Total Operating Expense?

3M Co MEX:MMM 63 Total Operating Expense is MXN91,499 Mil as of Mar. 2026. GuruFocus rates MEX:MMM with a GF Score™ of 63/100 and a GF Value™ of MXN2,347.40 (Modestly Overvalued). The stock has 7 warning signs investors should review.

3M Co's Total Operating Expense for the three months ended in Mar. 2026 was MXN18,970 Mil. 3M Co's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was MXN91,499 Mil.


3M Co Total Operating Expense Related Terms


3M Co Total Operating Expense Historical Data

* Premium members only.

The historical data trend for 3M Co's Total Operating Expense 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 Total Operating Expense Chart

3M Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 188,544.17 163,610.43 345,459.90 110,660.34 93,017.45

3M Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Operating Expense 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 25,163.59 29,279.41 20,490.47 22,759.21 18,970.40
MEX:MMM
63GF Score
3M Co MEX:MMM
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

3M Co Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN91,499 Mil.

* 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.

What does a Total Operating Expense of MXN91,499 Mil mean?
3M Co (MEX:MMM) has a Total Operating Expense of MXN91,499 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on 3M Co and its competitors.
Is 3M Co's Total Operating Expense too high?
3M Co's current Total Operating Expense is MXN91,499 Mil. Overall, 3M Co has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does 3M Co's Total Operating Expense compare to HON and VMI?
3M Co's Total Operating Expense of MXN91,499 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 Total Operating Expense for a Conglomerates company?
A good Total Operating Expense depends on the Conglomerates industry context. However, Total Operating Expense 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 Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on 3M Co and its competitors. 3M Co's current Total Operating Expense is MXN91,499 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 (MEX:MMM) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN2,347.40, compared to a current price of MXN2,859.00 — trading 21.8% above its estimated fair value. The current Total Operating Expense is MXN91,499 Mil. 3M Co's overall GF Score™ is 63/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For 3M Co (MEX:MMM), the current Total Operating Expense is MXN91,499 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 (MEX:MMM) Overvalued in 2026?

Based on GuruFocus' analysis, 3M Co stock appears to be overvalued. The current stock price of MXN2,859.00 is trading 21.8% above its estimated GF Value™ of MXN2,347.40. GuruFocus considers 3M Co to be Modestly Overvalued.

Key valuation signals for MEX:MMM:

  • Total Operating Expense: MXN91,499 Mil
  • GF Value™: MXN2,347.40 vs. price of MXN2,859.00 (21.8% above fair value)
  • GF Score™: 63/100 with 7 warning signs

No single metric tells the full story. See the MEX: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.
63GF Score

Get the complete analysis for MEX:MMM

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

MXN2,859.00
Price
MXN2,347.40
GF Value