Current Assets
Inventories
3M Inventories increased by 0.8% to $3.69B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 4.6%, from $3.87B to $3.69B. Over 5 years (FY 2020 to FY 2025), Inventories shows a downward trend with a -2.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026Apr 21, 2026
How to read this metric
Rising inventory relative to sales may indicate slowing demand or overproduction, while declining inventory may signal strong sales or supply constraints.
Detailed definition
The aggregate value of all raw materials, work-in-progress, and finished goods held by the company. This metric is a cri...
Peer comparison
Benchmark against inventory turnover ratios of peer healthcare and consumer goods companies.
Metric ID:
inventoriesHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $4.84B | $4.95B | $4.99B | $5.29B | $5.65B | $5.62B | $5.37B | $5.31B | $5.28B | $5.07B | $3.94B | $4.90B | $4.06B | $4.04B | $3.70B | $3.87B | $4.08B | $3.89B | $3.66B | $3.69B |
| QoQ Change | — | +2.2% | +0.7% | +6.1% | +6.7% | -0.5% | -4.3% | -1.2% | -0.5% | -4.1% | -22.1% | +24.2% | -17.1% | -0.5% | -8.4% | +4.6% | +5.4% | -4.5% | -6.0% | +0.8% |
| YoY Change | — | — | — | — | +16.6% | +13.4% | +7.8% | +0.3% | -6.5% | -9.8% | -26.6% | -7.7% | -23.1% | -20.3% | -6.2% | -21.0% | +0.4% | -3.6% | -1.0% | -4.6% |
Range$3.66B – $5.65B
CAGR-5.6%
Avg YoY Growth-5.7%
Median YoY Growth-5.4%
Inventories at Other Companies
Frequently Asked Questions
- What is 3M's inventories?
- 3M (MMM) reported inventories of $3.69B in Q1 2026.
- How has 3M's inventories changed year-over-year?
- 3M's inventories decreased by 4.6% year-over-year, from $3.87B to $3.69B.
- What is the long-term trend for 3M's inventories?
- Over 5 years (2020 to 2025), 3M's inventories has grown at a -2.9% compound annual growth rate (CAGR), from $4.24B to $3.66B.
- What does inventories mean?
- The total value of all goods held for production or sale.