CLAIM #42688 · 3M Company (MMM) · 2025Q4 earnings call · Jan 20, 2026 · due Dec 31, 2026
“I just come back to with the execution of the team in commercial excellence and NPI, I think they are doing a very good job. I expect it will outperform that industrial macro as we get into '26.”
William Brown · CEO
How to check this claim
Look at: Company's industrial segment organic growth rate versus industrial macro/end-market growth rate, fiscal 2026
It came true if: Company industrial segment organic growth > industrial macro growth rate for FY2026
Where: Company quarterly earnings releases and management commentary (10-K/10-Q segment results and call transcripts) through FY2026
In context
“was a little bit stronger in the back half than it was in the front half. You know, according to forecast, it looks like it is flattish in 2026. So we are reading those numbers. You know, for us, you know, as I mentioned before, we do our industrial businesses to continue to perform very well. You know, the two areas within industrial that we are watching, one is in auto aftermarket. Looks like it is still remaining relatively soft or expected to be soft on repair claims, both in the US and Europe. As well as in the roofing granules business because of the housing market, consumers not looking to replace the roofs right now. You know, that business has been a little bit soft. In fact, it was very soft in the fourth quarter. We expect some softness in the beginning of this year. But again, I just come back to with the execution of the team in commercial excellence and NPI, I think they are doing a very good job. I expect it will outperform that industrial macro as we get into '26. Chris Snyder: Thank you. I appreciate that. Operator: Our next question comes from the line of Andy Kaplowitz with Citigroup. Please proceed with your question. Andy Kaplowitz: Hey, good morning, everyone. Hey, good morning, Andy. So as you said, you originally forecast N25 averaging high teens growth from that rolling five-year new products. You averaged closer to mid-twenty percent. It is obviously one of the metrics leading to your market outgrowth. But what could it average in 26%? And does it suggest you get higher than that $300 million or higher as you just said in terms of market outgrowth? Bill Brown: So we do see a higher in '26 than '25 in terms of market outgrowth, and it is exactly from the progress made on innovation and five-year new product sales coming up. You know, again”
Verify independently
SEC filings for MMM ↗ · Claim quote is verbatim from the 2025Q4 earnings call.