CLAIM #42670 · 3M Company (MMM) · 2025Q4 earnings call · Jan 20, 2026 · due Dec 31, 2026
“we are pretty confident that those are going to start to move the needle for the company, which is why we feel good about the outgrowing the macro here in '26.”
William Brown · CEO
How to check this claim
Look at: Company organic revenue growth versus estimated end-market/macro growth rate, fiscal year 2026
It came true if: FY2026 organic revenue growth exceeds management's stated macro growth estimate (~1.5%-1.7%)
Where: Company quarterly/annual earnings releases and management commentary on macro vs. company growth (10-K/10-Q and earnings calls)
In context
“here at 3%. You know, we expect the macro, in 2026 to be a little bit better one five, maybe one seven range, something like that. So you know, our outperformance, you know, this year versus the macro is more like $300 million or more. And that is roughly half and half between NPI and commercial excellence. So that is how we see this playing out. Yeah, the back half of the last year, you know, did show that. We did outperform the macro. A lot of it was that your phrase, Julian, was carrying it on our shoulders. And you know, we expect to see more of that, you know, coming into 2026. We are launching more projects, which is very good. We are getting a lot more granular tracking the incremental revenue coming from class threes, fours, and fives. And as we look out into next year, you know, we are pretty confident that those are going to start to move the needle for the company, which is why we feel good about the outgrowing the macro here in '26. Julian Mitchell: Great. Thank you. You bet. Operator: Our next question comes from the line of Joe O'Dea with Wells Fargo. Please proceed with your question. Joe O'Dea: Hi, good morning. Thanks for taking my questions. Good morning, Joe. Wanted to start on footprint optimization and if you can give a little color between factories and distribution centers, how you are thinking about targets for footprint reduction or consolidation in 2026? Both in terms of kind of number of facilities and as well as op profit impact. And then any color around segments and regions where we would see the biggest impact there? Bill Brown: So look, that is all part of our broader transformation agenda. We are just starting on that as we speak. We did see some announcements at the back end of last year. We ann”
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SEC filings for MMM ↗ · Claim quote is verbatim from the 2025Q4 earnings call.