CLAIM #42737 · 3M Company (MMM) · 2026Q2 earnings call · Jul 21, 2026 · due Dec 31, 2026
“Given our strong first half performance, we are raising our guidance for the year for sales, EPS, and free cash flow.”
William Brown · CEO
How to check this claim
Look at: Full-year sales growth, EPS, and free cash flow, as guided
It came true if: Full-year reported figures meet or exceed the raised guidance ranges given for sales growth, EPS, and free cash flow
Where: Company press release / guidance table (Q4 earnings release and full-year 10-K)
In context
“hout today's presentation, we will be making references to certain non GAAP financial measures. Reconciliations of the non GAAP measures can be found in the attachments to today's press release. With that, please turn to Slide 3, and I will hand the call off to Bill. Bill? William Brown: Thank you, Chinmay, and good morning, everyone. We delivered strong performance in Q2, including organic growth of 5.4%, operating margin of 24.9%, up 40 basis points earnings per share of $2.40 up 11% and free cash flow of $1.3 billion with 107% conversion. We returned $1.4 billion to shareholders in the quarter, including $400 million in dividends and $1 billion of share repurchases. Since 2025, we have returned $8.6 billion to shareholders against our commitment to return $10 billion plus through 2027. Given our strong first half performance, we are raising our guidance for the year for sales, EPS, and free cash flow. Our results today exceeded our expectations and demonstrate the progress we are making to build a higher performing company, and continue to give us confidence that we are on the right path forward. The strategy we put in place 2 years ago is delivering results and we are building momentum in executing against our strategic priorities. Commercial excellence initiatives continue to drive results through improved sales force effectiveness and stronger account execution. Supported by AI enabled tools that enhance planning, prioritize opportunities, and accelerate productivity. Cross selling continues to outperform expectations with $110 million of opportunities booked and $120 million in the pipeline up over 40% quarter over quarter and putting us ahead of the goal we set at our Investor Day”
Verify independently
SEC filings for MMM ↗ · Claim quote is verbatim from the 2026Q2 earnings call.