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3M Company (MMM)
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3M Company (MMM) Quick Ratio (Acid-Test): 1.33

Is 3M Company’s quick ratio (acid-test) high or low?

3M Company's quick ratio (acid-test) of 1.33 is 19% above its 5-year average of 1.12, near the high end of its 5-year range (0.81–1.35).

As of Friday, June 12, 2026. 10.37% above its 12-month average of 1.21.

MMM Quick Ratio (Acid-Test) Chart

MMM Quick Ratio (Acid-Test)
1.33+23.15% 1Y
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MMM Average Quick Ratio (Acid-Test) Chart

MMM Current vs Average Quick Ratio (Acid-Test) Chart

MMM Quick Ratio (Acid-Test) Metrics

QUICK RATIO (ACID-TEST)

1.33

QUICK RATIO (ACID-TEST) AVG TTM

1.21

QUICK RATIO (ACID-TEST) AVG 3Y

1.05

QUICK RATIO (ACID-TEST) AVG 5Y

1.12

QUICK RATIO (ACID-TEST) AVG 10Y

1.15

QUICK RATIO (ACID-TEST) AVG 15Y

1.24

QUICK RATIO (ACID-TEST) AVG 20Y

1.23

CURRENT VS TTM AVG

+10.37%

CURRENT VS 3Y AVG

+26.67%

CURRENT VS 5Y AVG

+19.10%

CURRENT VS 10Y AVG

+15.47%

CURRENT VS 15Y AVG

+7.04%

CURRENT VS 20Y AVG

+8.26%

MMM Competitors' Quick Ratio (Acid-Test)

NAMEMARKET CAPQUICK RATIO (ACID-TEST)TTM3Y5Y
3M Company (MMM)$82.36B1.331.211.051.12
Emerson Electric Co. (EMR)$79.58B0.651.021.321.25
Johnson Controls International plc (JCI)$87.86B0.760.780.790.84
CSX Corporation (CSX)$88.01B0.690.710.941.23
Automatic Data Processing, Inc. (ADP)$90.25B1.051.031.011.03
Cummins Inc. (CMI)$91.15B1.160.980.870.99
Illinois Tool Works Inc. (ITW)$73.44B0.890.940.951.20
United Parcel Service, Inc. (UPS)$92.35B1.221.171.141.18
Norfolk Southern Corporation (NSC)$69.72B0.850.830.870.87
Rocket Lab USA, Inc. (RKLB)$66.44B3.612.652.613.23

Liquidity Comparison

Quick Ratio

1.33

Excludes inventory

Current Ratio

1.71

Includes inventory

3M Company Quick Ratio (Acid-Test) Formula & Definition

Quick Ratio = (Current Assets − Inventory) / Current Liabilities

The quick ratio is a stricter liquidity measure that excludes inventory, showing the ability to meet short-term obligations with the most liquid assets.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

3M Company Quick Ratio (Acid-Test) FAQ

What is the quick ratio (acid-test) for 3M Company (MMM)?
The quick ratio (acid-test) for MMM stock is 1.33.
Is 3M Company's quick ratio (acid-test) high or low?
3M Company's quick ratio (acid-test) of 1.33 is 19% above its 5-year average of 1.12, near the high end of its 5-year range (0.81–1.35).
What is the TTM average quick ratio (acid-test) for 3M Company (MMM)?
The TTM average quick ratio (acid-test) for MMM stock is 1.21.
What is the 3Y average quick ratio (acid-test) for 3M Company (MMM)?
The 3Y average quick ratio (acid-test) for MMM stock is 1.05.
What is the 5Y average quick ratio (acid-test) for 3M Company (MMM)?
The 5Y average quick ratio (acid-test) for MMM stock is 1.12.
What is the 10Y average quick ratio (acid-test) for 3M Company (MMM)?
The 10Y average quick ratio (acid-test) for MMM stock is 1.15.
What is the 15Y average quick ratio (acid-test) for 3M Company (MMM)?
The 15Y average quick ratio (acid-test) for MMM stock is 1.24.
What is the 20Y average quick ratio (acid-test) for 3M Company (MMM)?
The 20Y average quick ratio (acid-test) for MMM stock is 1.23.

3M Company Quick Ratio (Acid-Test) History

DATEQUICK RATIO (ACID-TEST)
2025-12-311.33
2024-12-311.08
2023-12-310.81
2022-12-310.98
2021-12-311.15
2020-12-311.35
2019-12-310.96
2018-12-311.29
2017-12-311.33
2016-12-311.34
2015-12-311.05
2014-12-311.34
2013-12-311.18
2012-12-311.58
2011-12-311.62
2010-12-311.49
2009-12-311.67
2008-12-311.13
2007-12-311.30
2006-12-310.87
2005-12-310.95
2004-12-311.12
2003-12-311.16
2002-12-310.93
2001-12-310.93
2000-12-310.86
1999-12-311.06
1998-12-310.93
1997-12-310.95
1996-12-311.11

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.

Saint Paul, MN
61,500 employees
Industrials / Conglomerates
Sector
Industrials
Industry
Conglomerates
CEO
William Brown