Quarterly ResultApr 21, 2026, 06:41 AM
3M Q1 Adjusted EPS Jumps 14% to $2.14; Reiterates FY26 Guidance
AI Summary
3M reported its first-quarter 2026 results, with adjusted EPS increasing 14% year-over-year to $2.14 and adjusted sales reaching $6.0 billion, up 1.2% organically. The company also achieved an adjusted operating margin of 23.8%, a 30 basis point improvement. Despite a GAAP EPS decline, 3M reiterated its full-year 2026 guidance, expressing confidence in achieving its targets.
Key Highlights
- Q1 Adjusted EPS rose 14% YoY to $2.14.
- Adjusted sales were $6.0 billion, with 1.2% organic growth.
- Adjusted operating margin increased 30 bps to 23.8%.
- Returned $2.4 billion to shareholders via dividends and buybacks.
- Reiterated full-year 2026 adjusted EPS guidance of $8.50 to $8.70.