MMM
3M Company Industrials - Conglomerate Investor Relations →
3M Company (MMM) closed at $146.22 as of 2026-05-15, trading 28.9% above its 200-week moving average of $113.44. The stock moved further from the line this week, up from 26.6% last week. With a 14-week RSI of 28, MMM is in oversold territory.
Trading volume is running at 1.4x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.80 ratio) is neutral — neither side is clearly dominating.
Over the past 3310 weeks of data, MMM has crossed below its 200-week moving average 31 times. On average, these episodes lasted 20 weeks. Historically, investors who bought MMM at the start of these episodes saw an average one-year return of +18.1%.
With a market cap of $76.3 billion, MMM is a large-cap stock. The company generates a free cash flow yield of 3.0%. Return on equity stands at 71.5%, indicating strong profitability. The stock trades at 23.4x book value.
Over the past 33.4 years, a hypothetical investment of $100 in MMM would have grown to $1852, compared to $3058 for the S&P 500. MMM has returned 9.1% annualized vs 10.8% for the index, underperforming the broader market over this period.
Free cash flow has been volatile over the past several years, making the quality of earnings harder to assess.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: MMM vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After MMM Crosses Below the Line?
Across 14 historical episodes, buying MMM when it crossed below its 200-week moving average produced an average return of +9.8% after 12 months (median +18.0%), compared to +0.3% for the S&P 500 over the same periods. 71% of those episodes were profitable after one year. After 24 months, the average return was +20.7% vs -0.4% for the index.
Each line shows $100 invested at the moment MMM crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Bean Score Experimental
The Bean Score measures how far a stock's free cash flow yield has deviated from its own quarterly baseline, normalized by the stock's historical behavior. Between earnings dates, FCF is constant — so the score is purely a function of stock price. The levels below show at what prices MMM would reach each dislocation threshold.
Dislocation Price Levels
Prices where MMM's Bean Score would hit each σ threshold. Valid until next earnings report (last report: 2026-03-31).
| Level | σ | Price | Signal |
|---|---|---|---|
| Deep Value | +2σ | $132.98 | Unusually cheap — potential buy zone |
| Value | +1σ | $138.19 | Cheap vs. own history |
| Fair Value | +0σ | $143.82 | Historical mean behavior |
| Expensive | -1σ | $149.93 | Expensive vs. own history |
| Deep Expensive | -2σ | $156.58 | Unusually expensive — potential trim zone |
Signal Accuracy Collecting Data
The Bean Score system is accumulating weekly data to validate signal accuracy. After 13+ weeks of history, this section will display win rates and average returns for each σ threshold crossing — answering the question: "When this score says cheap or expensive, does the price subsequently move in the expected direction?"
Theoretical framework — not backtested or forward-tested. The Bean Score uses trailing twelve-month free cash flow yield as a dislocation identifier. It measures whether the market has pushed a stock's yield unusually far from its own baseline behavior. These levels are reference points for identifying potential swing trade opportunities, not buy/sell signals. FCF values update quarterly with earnings; between reports, all movement is price-driven.
Historical Touches
MMM has crossed below its 200-week MA 31 times with an average 1-year return of +18.1% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Dec 1962 | Jan 1963 | 4 | 7.5% | +22.1% | +31280.7% |
| Feb 1963 | Mar 1963 | 1 | 0.3% | +20.5% | +30404.6% |
| Jun 1963 | Jul 1963 | 3 | 0.7% | +6.4% | +30222.7% |
| Jun 1964 | Jun 1964 | 1 | 0.5% | -0.4% | +28704.4% |
| Jun 1964 | Jul 1964 | 2 | 1.5% | -4.1% | +28643.4% |
| Aug 1964 | Oct 1964 | 9 | 3.3% | -3.2% | +28643.4% |
| Nov 1964 | Jan 1965 | 6 | 6.5% | +17.3% | +28649.0% |
| May 1965 | Sep 1965 | 16 | 6.5% | +33.8% | +28826.1% |
| Apr 1970 | Dec 1970 | 32 | 21.5% | +24.3% | +16505.0% |
| Jul 1974 | Sep 1976 | 113 | 37.7% | -8.7% | +10720.1% |
| Sep 1976 | May 1978 | 84 | 20.2% | -18.3% | +10724.6% |
| Oct 1979 | Feb 1980 | 18 | 7.9% | +17.0% | +12369.8% |
| Mar 1980 | Apr 1980 | 7 | 6.1% | +31.4% | +12699.1% |
| Aug 1981 | Oct 1981 | 5 | 3.1% | +32.8% | +11099.2% |
| Oct 1981 | Nov 1981 | 2 | 1.8% | +59.8% | +11212.0% |
| Mar 1982 | Mar 1982 | 1 | 0.2% | +63.0% | +10722.6% |
| May 1982 | Jun 1982 | 1 | 1.9% | +85.6% | +10810.3% |
| Dec 1998 | Jan 1999 | 3 | 1.8% | +37.9% | +938.5% |
| Jan 1999 | Jan 1999 | 1 | 1.9% | +36.5% | +930.3% |
| Mar 1999 | Apr 1999 | 4 | 4.0% | +23.0% | +920.1% |
| Jun 2000 | Jun 2000 | 1 | 0.2% | +49.9% | +763.3% |
| Sep 2001 | Sep 2001 | 1 | 1.3% | +40.2% | +690.7% |
| Jul 2006 | Sep 2006 | 9 | 6.1% | +29.8% | +338.8% |
| Jan 2007 | Feb 2007 | 1 | 0.6% | +12.5% | +317.9% |
| Feb 2007 | Mar 2007 | 1 | 1.6% | +9.9% | +320.2% |
| Jan 2008 | Jan 2008 | 2 | 2.5% | -22.6% | +302.7% |
| May 2008 | Jul 2009 | 64 | 41.6% | -18.7% | +292.8% |
| Sep 2011 | Oct 2011 | 1 | 1.3% | +32.3% | +278.3% |
| May 2019 | Feb 2021 | 91 | 31.3% | -12.5% | +27.9% |
| Feb 2021 | Mar 2021 | 1 | 0.5% | -11.2% | +19.7% |
| Jan 2022 | Jul 2024 | 130 | 36.9% | -26.3% | +25.5% |
| Average | 20 | — | +18.1% | — |
Frequently Asked Questions
Is MMM below its 200-week moving average?
No. 3M Company (MMM) is currently 28.9% above its 200-week moving average of $113.44. It would need to fall to $113.44 to cross below the line.
What is MMM's 200-week moving average price?
3M Company's 200-week moving average is $113.44 as of 2026-05-15. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when MMM drops below its 200-week moving average?
MMM has crossed below its 200-week moving average 31 times in our data. On average, buying at that moment produced a one-year return of +18.1%. These dips have historically been decent entry points. These episodes lasted 20 weeks on average.
Is MMM a good value right now?
Here's what our data says about MMM as of 2026-05-15: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 28 (oversold). Free cash flow yield is 3.0%. Return on equity is 71.5%. Price-to-book is 23.4x. This is not a buy or sell recommendation — always do your own research.
How does MMM compare to the S&P 500?
Over the past 33.4 years, $100 invested in MMM would have grown to $1852, compared to $3058 for the S&P 500. That's 9.1% annualized vs 10.8% for the index. MMM has underperformed the broader market over this period.
Does MMM pay a dividend?
Yes. 3M Company currently pays a dividend yield of 213.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-05-15