3m Company · NYSE:MMM
3m — Q1 2026 Earnings Presentation
12 slides from 3m's earnings presentation, Apr 21, 2026
Slide 1: 2026 First Quarter Earnings
2026 First Quarter Earnings (unaudited) Bill Brown Anurag Maheshwari Chinmay Trivedi Chairman and CEO Chief Financial Officer Senior Vice President, Investor Relations and Financial Planning & Analysis
Slide 2: Forward-looking statements
2 Forward-looking statements Certain statements in this document, as well as other filings we make with the United States Securities and Exchange Commission (“SEC”) and other written and oral information we release are considered "forward-looking statements" under the federal securities laws, includ
Slide 3: Continuing to execute our strategy
3 Continuing to execute our strategy Q1 results: Value creation framework: • Sales $6.0B, • Strong foundation underpinned by commercial, innovation, and organic growth up 1.2% operational eXcellence … strengthening performance culture • Operating margin 23.8%, • Launched 84 new products, up 35%; on
Slide 4: Order momentum supports growth acceleration
4 Order momentum supports growth acceleration End markets Organic growth Orders Forward trends % of sales Q1 YoY actual Q1 YoY actual General + PMI expansion • Ongoing order momentum + Industrial adhesives, electrical +LSD +DD industrial markets, abrasives, aerospace in general industrial and safety
Slide 5: Investing in priority verticals to drive higher growth and margin
5 Investing in priority verticals to drive higher growth and margin Safety Data center / power utility Scott Safety Expanded Beam Optics Fire & industrial SCBA Growth Growth trend trend Madison Fire & Rescue Rescue tools / fire suppression '24 '25 '26 '27 '28 '29 '30 '24 '25 '26 '27 '28 '29 '30 Scot
Slide 6: Q1 2026 performance
6 Q1 2026 performance Sales ($M) Operating margin Earnings per share 23.5% 23.8% $2.14 $6,003 +30 $1.88 $5,780 +1.2% bps +14% OSG +DD Orders Q1 2025 Q1 2026 Q1 2025 Q1 2026 Q1 2025 Q1 2026 • Orders: Up double-digits with strength in • 60 bps Business Group margin expansion • +$0.05 operational gener
Slide 7: Q1 2026 sales by business group
7 Q1 2026 sales by business group ($ millions) Safety & Industrial Transportation & Electronics Consumer OSG% $2,930 $2,745 $1,848 $1,816 $1,124 $1,131 +3.2% (0.3%) (1.3%) Q1 2025 Q1 2026 Q1 2025 Q1 2026 Q1 2025 Q1 2026 • Progress on commercial eXcellence and • Orders accelerated through the quarter
Slide 8: Reiterating full-year 2026 guidance $8.50 to $8.70
8 Reiterating full-year 2026 guidance 2026 guidance Initial assumptions Trends / performance Organic sales growth • Broad based growth … each BG accelerating • Acceleration in Q2 and balance of the year • Innovation and commercial eXcellence driving • Ongoing initiatives supported double-digit ~3% o
Slide 9: Reiterating full-year 2026 guidance
9 Reiterating full-year 2026 guidance ~$0.00 to $0.05 ~$0.05 to $0.10 ~$0.00 ~$(0.05) to $(0.15) $8.50 to $8.70 $8.50 to $8.70 Q1 volume Share count Surcharges Oil / macro uncertainty Volume acceleration Net interest Oil input cost through year Productivity January guidance Operational Non-operation
Slide 10: Q&A
Q&A Bill Brown Chairman and CEO Anurag Maheshwari Chief Financial Officer Chinmay Trivedi Senior Vice President, Investor Relations and Financial Planning & Analysis 2026 Q1 Earnings | April 21, 2026. All rights reserved.
Slide 11: Q1 2026 business segment information
11 Q1 2026 business segment information Adjusted net Adjusted operating ($M) sales* Q1 2026 adjusted sales growth* Adjusted operating income* margin* Total Q1 Q1 Organic sales Q1 Q1 Percent Q1 Q1 Business Groups 2026 2025 growth FX M&A change 2026 2025 change 2026 2025 Safety & Industrial $2,930 $2,
Slide 12: 3M eXcellence
3M |eXcellence