Discontinued — last reported Q4 '17

Non-Current Assets

Goodwill

3M Goodwill decreased by 0.5% to $6.38B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 0.7%, from $6.34B to $6.38B. Over 5 years (FY 2020 to FY 2025), Goodwill shows a downward trend with a -14.2% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ3 2015
Last reportedQ4 2017

How to read this metric

High goodwill indicates a history of aggressive M&A; significant write-downs signal that acquired assets are underperforming expectations.

Detailed definition

Goodwill represents the premium paid over the fair market value of net identifiable assets during an acquisition. It ref...

Peer comparison

Common in industries with high M&A activity; peers are compared based on the ratio of goodwill to total equity.

Metric ID: goodwill

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$13.72B$13.60B$13.49B$13.37B$13.06B$12.67B$12.79B$12.86B$12.87B$12.72B$12.93B$12.81B$6.32B$6.40B$6.28B$6.34B$6.43B$6.42B$6.42B$6.38B
QoQ Change-0.9%-0.8%-0.9%-2.3%-3.0%+1.0%+0.5%+0.1%-1.2%+1.6%-0.9%-50.7%+1.2%-1.8%+0.9%+1.5%-0.3%+0.0%-0.5%
YoY Change-4.8%-6.8%-5.2%-3.8%-1.5%+0.4%+1.1%-0.4%-50.9%-49.7%-51.4%-50.5%+1.8%+0.3%+2.2%+0.7%
Range$6.28B$13.72B
CAGR-14.9%
Avg YoY Growth-13.7%
Median YoY Growth-2.7%

Business Segments

View all
SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Safety And Industrial$4.50B$4.55B$4.47B$4.51B$4.57B$4.56B$4.57B$4.55B
Transportation And Electronics$1.50B$1.52B$1.50B$1.51B$1.53B$1.53B$1.53B$1.52B
Consumer$258.00M$271.00M$258.00M$264.00M$271.00M$269.00M$265.00M$262.00M
Total$6.32B$6.40B$6.28B$6.34B$6.43B$6.42B$6.42B$6.38B

Health Care was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.

Frequently Asked Questions

What is 3M's goodwill?
3M (MMM) reported goodwill of $6.38B in Q1 2026.
How has 3M's goodwill changed year-over-year?
3M's goodwill increased by 0.7% year-over-year, from $6.34B to $6.38B.
What is the long-term trend for 3M's goodwill?
Over 5 years (2020 to 2025), 3M's goodwill has grown at a -14.2% compound annual growth rate (CAGR), from $13.80B to $6.42B.
What does goodwill mean?
The premium paid for an acquisition above the value of its tangible and identifiable assets.