What is 3M's operating lease cost?

3M (MMM) reported operating lease cost of $50.75M in Q4 2025.

How has 3M's operating lease cost changed year-over-year?

3M's operating lease cost decreased by 3.3% year-over-year, from $52.50M to $50.75M.

What is the long-term trend for 3M's operating lease cost?

Over 4 years (2021 to 2025), 3M's operating lease cost has grown at a -10.7% compound annual growth rate (CAGR), from $319.00M to $203.00M.

What does operating lease cost mean?

The recurring expense for operating leases recognized in the income statement.

Discontinued — last reported Q1 '19

Operating Expenses

Operating Lease Cost

3M Operating Lease Cost remained flat by 0.0% to $50.75M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 3.3%, from $52.50M to $50.75M. Over 4 years (FY 2021 to FY 2025), Operating Lease Cost shows a downward trend with a -10.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement

SectionOperating Expenses

CategoryEfficiency

SignalLower is better

VolatilityStable

First reportedQ1 2019

Last reportedQ1 2019

How to read this metric

Lower costs suggest a leaner physical footprint or more favorable lease terms.

Detailed definition

This metric represents the periodic expense recognized for operating leases, primarily reflecting the straight-line rent...

Peer comparison

Standard operating expense reported under ASC 842 or IFRS 16.

Metric ID: is_cat_operating_lease_cost

Historical Data

5 years

	FY'21	FY'22	FY'23	FY'24	FY'25
Value	$319.00M	$295.00M	$284.00M	$210.00M	$203.00M
YoY Change	—	-7.5%	-3.7%	-26.1%	-3.3%

Range$203.00M – $319.00M

CAGR-10.7%

Avg YoY Growth-10.2%

Median YoY Growth-5.6%

Current Streak4+ years decline

Frequently Asked Questions

What is 3M's operating lease cost?: 3M (MMM) reported operating lease cost of $50.75M in Q4 2025.
How has 3M's operating lease cost changed year-over-year?: 3M's operating lease cost decreased by 3.3% year-over-year, from $52.50M to $50.75M.
What is the long-term trend for 3M's operating lease cost?: Over 4 years (2021 to 2025), 3M's operating lease cost has grown at a -10.7% compound annual growth rate (CAGR), from $319.00M to $203.00M.
What does operating lease cost mean?: The recurring expense for operating leases recognized in the income statement.