What if you invested $1,000 in 3M in 2023? (Inflation-Adjusted)

MMM · Industrial · Adjusted to 2026 dollars using BLS CPI-U data

View nominal (non-adjusted) version

Nominal returns can be misleading over long periods. $1,000 in 3M in 2023 became $1,680 by 2026. Over those 3 years, cumulative CPI inflation reached 5% (BLS CPI-U). Restating the return in constant purchasing power, the real value of your gain in 2023 dollars is $1,600, a real annualized return of +15.8%.

Nominal final value

$1,680

+68.0% total return

Real value (2023 dollars)

$1,600

+60.0% real total return

Real annualized return

+15.8%

vs. +17.3% nominal annualized

Cumulative CPI-U inflation since 2023: 5% (1 dollar in 2023 = $1.05 in 2026)

Year-by-Year (Inflation-Adjusted)

$1,000 in 3M since 2023, values in constant 2023 dollars

YearNominal ValueReal Value (2023 $)
2023$1,000$1,000
2024$869$845
2025$1,736$1,653
2026$1,779$1,695

Inflation adjustment uses BLS CPI-U annual data, deflated to 2026 dollars. Nominal stock data from Yahoo Finance (split-adjusted closing prices). Real values are expressed in constant 2023 purchasing-power dollars. For informational and educational purposes only. Not financial advice. Past performance does not guarantee future results. See our methodology and full disclaimer.