3M stock reports Q2 growth below its yearly high

3M stock was trading at USD 169.95 on the NYSE on September 24, 2026, down USD 0.35 or 0.21 percent from the previous close. The price stood 8.08 percent below the 52-week high of USD 184.90, while the company carried a market capitalization of USD 87,647,024,769.

Q2 sales gain pace

3M reported adjusted sales of USD 6.5 billion for Q2 2026, adjusted EPS of USD 2.40 and adjusted free cash flow of USD 1.3 billion, according to 3M Company. The quarter ended June 30, 2026, making these the latest reported operating figures in the company summary.

The comparison is the key signal: adjusted sales increased 5.5 percent from the prior-year quarter, while adjusted EPS rose 11.1 percent. The combination gives the earnings figure more weight than the sales number because profit growth outpaced revenue growth.

Guidance sets the next test

3M lifted its full-year 2026 adjusted EPS target to USD 8.80 to USD 8.95 after the second-quarter results, while its adjusted organic sales target moved above 3.5 percent, Barchart reported on September 20, 2026. The higher earnings range places execution and margin delivery at the center of the investment case for the rest of the year.

Segment momentum also contributed. Transportation and Electronics revenue reached USD 2.07 billion in Q2 2026, up 6.2 percent year over year, while operating income for the segment increased 5 percent to USD 503 million, according to Zacks.

Stock stays below yearly high

At USD 169.95 in NYSE trading on September 24, 2026, 3M stock remained USD 14.95 below its 52-week high of USD 184.90. The modest daily decline of 0.21 percent contrasts with the stronger Q2 comparisons, leaving the updated earnings range as the next concrete measure of whether operating improvement can continue.