3M Company (MMM) Return on Invested Capital (ROIC): 11.53%
Is 3M Company’s return on invested capital (ROIC) high or low?
3M Company's return on invested capital (ROIC) of 11.53% is in line with its 5-year average of 11.94%, around the middle of its 5-year range (7.85%–15.62%).
The return on invested capital (ROIC) for 3M Company (MMM) is 11.53% as of Wednesday, June 10, 2026. It is below its 12-month average by 7.46% (12.46%).
MMM Return on Invested Capital (ROIC) Chart
MMM Average Return on Invested Capital (ROIC) Chart
MMM Current vs Average Return on Invested Capital (ROIC) Chart
MMM Return on Invested Capital (ROIC) Metrics
RETURN ON INVESTED CAPITAL (ROIC)
11.53%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
12.46%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
10.54%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
11.94%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
14.22%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
15.27%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
16.05%
CURRENT VS TTM AVG
-7.46%
CURRENT VS 3Y AVG
+9.34%
CURRENT VS 5Y AVG
-3.39%
CURRENT VS 10Y AVG
-18.94%
CURRENT VS 15Y AVG
-24.49%
CURRENT VS 20Y AVG
-28.14%
MMM Competitors' Return on Invested Capital (ROIC)
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| 3M Company (MMM) | $81.79B | 11.53% | 12.46% | 10.54% | 11.94% |
| Johnson Controls International plc (JCI) | $85.03B | 8.68% | 7.82% | 7.36% | 6.62% |
| Emerson Electric Co. (EMR) | $76.94B | 7.26% | 6.33% | 6.09% | 7.58% |
| Cummins Inc. (CMI) | $87.60B | 11.41% | 12.55% | 9.89% | 10.37% |
| United Parcel Service, Inc. (UPS) | $87.79B | 10.40% | 11.21% | 13.32% | 13.95% |
| Illinois Tool Works Inc. (ITW) | $72.19B | 24.49% | 25.84% | 24.99% | 22.94% |
| Automatic Data Processing, Inc. (ADP) | $92.38B | 24.66% | 32.02% | 35.59% | 31.77% |
| Rocket Lab USA, Inc. (RKLB) | $62.17B | -10.09% | -16.12% | -18.18% | -20.49% |
| Comfort Systems USA, Inc. (FIX) | $60.53B | 33.59% | 30.38% | 24.94% | 20.63% |
| PACCAR Inc (PCAR) | $60.21B | 6.39% | 8.44% | 10.51% | 8.23% |
Capital Efficiency
ROIC
11.5%
ROE
85.4%
3M Company Return on Invested Capital (ROIC) Formula & Definition
ROIC = NOPAT / Invested Capital
Return on invested capital measures the after-tax return a company earns on all capital (debt and equity) invested in the business.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
3M Company Return on Invested Capital (ROIC) FAQ
- What is the return on invested capital (ROIC) for 3M Company (MMM)?
- The return on invested capital (ROIC) for MMM stock is 11.53%.
- Is 3M Company's return on invested capital (ROIC) high or low?
- 3M Company's return on invested capital (ROIC) of 11.53% is in line with its 5-year average of 11.94%, around the middle of its 5-year range (7.85%–15.62%).
- What is the TTM average return on invested capital (ROIC) for 3M Company (MMM)?
- The TTM average return on invested capital (ROIC) for MMM stock is 12.46%.
- What is the 3Y average return on invested capital (ROIC) for 3M Company (MMM)?
- The 3Y average return on invested capital (ROIC) for MMM stock is 10.54%.
- What is the 5Y average return on invested capital (ROIC) for 3M Company (MMM)?
- The 5Y average return on invested capital (ROIC) for MMM stock is 11.94%.
- What is the 10Y average return on invested capital (ROIC) for 3M Company (MMM)?
- The 10Y average return on invested capital (ROIC) for MMM stock is 14.22%.
- What is the 15Y average return on invested capital (ROIC) for 3M Company (MMM)?
- The 15Y average return on invested capital (ROIC) for MMM stock is 15.27%.
- What is the 20Y average return on invested capital (ROIC) for 3M Company (MMM)?
- The 20Y average return on invested capital (ROIC) for MMM stock is 16.05%.
3M Company Return on Invested Capital (ROIC) History
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2025-12-31 | 11.53% |
| 2024-12-31 | 13.39% |
| 2023-12-31 | 7.85% |
| 2022-12-31 | 9.41% |
| 2021-12-31 | 15.62% |
| 2020-12-31 | 13.81% |
| 2019-12-31 | 14.54% |
| 2018-12-31 | 19.55% |
| 2017-12-31 | 14.50% |
| 2016-12-31 | 18.20% |
| 2015-12-31 | 18.06% |
| 2014-12-31 | 19.96% |
| 2013-12-31 | 17.28% |
| 2012-12-31 | 16.31% |
| 2011-12-31 | 17.21% |
| 2010-12-31 | 17.10% |
| 2009-12-31 | 15.20% |
| 2008-12-31 | 17.86% |
| 2007-12-31 | 18.07% |
| 2006-12-31 | 21.71% |
| 2005-12-31 | 19.81% |
| 2004-12-31 | 18.33% |
| 2003-12-31 | 18.17% |
| 2002-12-31 | 17.07% |
| 2001-12-31 | 13.45% |
| 2000-12-31 | 17.23% |
| 1999-12-31 | 16.92% |
| 1998-12-31 | 11.75% |
| 1997-12-31 | 15.90% |
| 1996-12-31 | 14.70% |
Related Metrics
About 3M Company
3M Company operates as a global technology conglomerate with diverse interests. Its extensive operations are strategically divided into four primary business segments: Safety and Industrial, Transportation and Electronics, Health Care, and Consumer. The Safety and Industrial division supplies a broad array of products, including specialized abrasives and finishing tools for metalworking, automotive body repair kits, fastening systems for personal hygiene items, various masking and packaging materials, electrical components for construction, maintenance, and power distribution, strong structural adhesives and tapes, comprehensive personal protective equipment for respiratory, auditory, visual, and fall protection, and mineral granules for roofing shingles. Within the Transportation and Electronics sector, offerings encompass advanced ceramic solutions, specialized attachment tapes and films, sophisticated sound and temperature management systems for vehicles, high-quality large-format graphic films for advertising and fleet branding, optical films, electronic assembly solutions, robust packaging and interconnection technologies, and reflective materials crucial for highway and vehicle safety. The Health Care segment provides essential solutions such as food safety indicators, software for medical procedure coding and reimbursement, a wide range of products for skin and wound care, infection prevention, dental and orthodontic supplies, and advanced filtration and purification systems. Finally, the Consumer unit delivers an assortment of household and personal products, including bandages, braces, support devices, and personal respirators; various home cleaning supplies; retail-grade abrasives, paint accessories, DIY car care products, picture hanging solutions, and consumer-focused air quality improvements; along with a selection of stationery items. The company distributes its extensive product portfolio through both online platforms and a comprehensive traditional network, leveraging wholesalers, retailers, jobbers, distributors, and authorized dealers. This enterprise was founded in 1902 and maintains its corporate headquarters in St. Paul, Minnesota.
- Sector
- Industrials
- Industry
- Conglomerates
- CEO
- William Brown