3m Company · NYSE:MMM
3m — Q3 2026 Earnings Presentation
14 slides from 3m's earnings presentation, Oct 20, 2026
Slide 1: 2026 Third Quarter Earnings
2026 Third Quarter Earnings Bill Brown Chairman and CEO Anurag Maheshwari Chief Financial Officer Chinmay Trivedi 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 Q3 results: Value creation framework: • Sales $6.6B, Foundation-building efforts translating into measurable results organic growth up 3.3% • Growth: – Launched 87 new products in Q3, up 24%; FY tracking to >350 • Operating margin 26.2%*, – 5-year new product sal
Slide 4: Strong execution driving growth acceleration
4 Strong execution driving growth acceleration End markets Organic growth H1 H1 → H2 H2 Prior → current view Current view General + PMI expansion Similar → • Strong momentum in + Industrial adhesives, electrical +MSD +HSD industrial markets, abrasives, aerospace Better general industrial and safety
Slide 5: Accelerating differentiated innovation
5 Accelerating differentiated innovation Full array of products for space Endorsed by … “It’s All About Speed: The Rise of EBO Ferrules” Technology 1 • Patented, contactless, dust resistant optical connectors • Launched 12 and 16 fiber ferrules; Manage reflectivity and light Light scattering toward
Slide 6: Q3 and YTD 2026 performance
6 Q3 and YTD 2026 performance Sales ($M) Earnings per share Free cash flow ($M) $19,087 +12% Flat $7.11 $3,086 +3.3% 25.2% OI OSG +60 bps $6,584 $2.50 $1,197 +3.3% 26.2% OI OSG +110 bps Q3 2026 Q3 YTD 2026 Q3 2026 Q3 YTD 2026 Q3 2026 Q3 YTD 2026 • Orders: Continued order momentum with Q3 2026: • Str
Slide 7: Q3 and YTD 2026 sales by business group
7 Q3 and YTD 2026 sales by business group ($ millions) Safety & Industrial Transportation & Electronics Consumer ~50% of sales ~30% of sales ~20% of sales OSG% $9,203 $5,913 $3,685 +6.1% +2.1% (1.2%) $3,182 $1,999 $1,307 +7.0% +0.5% (0.2%) Q3 2026 Q3 YTD 2026 Q3 2026 Q3 YTD 2026 Q3 2026 Q3 YTD 2026
Slide 8: Updated full-year 2026 guidance
8 Updated full-year 2026 guidance July guidance Updated guidance Guidance assumptions • Strong YTD performance … volume & price Organic sales • Continued momentum in general industrial, >3.5% >3.5% safety, & data centers growth • Soft consumer / consumer electronics • Volume & productivity Earnings
Slide 9: Continuing to track ahead of Investor Day targets
9 Continuing to track ahead of Investor Day targets Tracking ahead of commitments 2024 2025 Medium-term 2026 Actual Actual guidance commitments Framing 2027 (new basis) (new basis) 2025-2027 • Continued momentum from H2 Organic $1B growth – Increased contribution from 1.2% 2.1% >3.5% sales growth ov
Slide 10: Q&A
Q&A Bill Brown Chairman and CEO Anurag Maheshwari Chief Financial Officer Chinmay Trivedi Senior Vice President, Investor Relations and Financial Planning & Analysis 2026 Q3 Earnings | October 20, 2026. All rights reserved.
Slide 11: Q3 2026 business segment information
11 Q3 2026 business segment information Adjusted net Adjusted operating ($M) sales* Q3 2026 adjusted sales growth* Adjusted operating income* margin* Total Q3 Q3 Organic sales Q3 Q3 Percent Q3 Q3 Business Groups 2026 2025 growth M&A FX change 2026 2025 change 2026 2025 Safety & Industrial $3,182 $2,
Slide 12: Q3 YTD 2026 business segment information
12 Q3 YTD 2026 business segment information Adjusted net Adjusted operating ($M) sales* Q3 YTD 2026 adjusted sales growth* Adjusted operating income* margin* Total Q3 YTD Q3 YTD Organic sales Q3 YTD Q3 YTD Percent Q3 YTD Q3 YTD Business Groups 2026 2025 growth M&A FX change 2026 2025 change 2026 202
Slide 13: Impact of change in amortization reporting
13 Impact of change in amortization reporting ($ millions, except EPS) Background and rationale Financial impact of reporting change Adj. results Q1 Q2 Q3 Q4 FY Q1 Q2 • Historical treatment Old basis 2025 2025 2025 2025 2025 2026 2026 o Acquisition amortization expense historically Net sales $5,780
Slide 14: 3M eXcellence
3M |eXcellence