Business Segments · Cost of Sales

Transportation and Electronics — Cost of Sales

3M Transportation and Electronics — Cost of Sales decreased by 23.3% to $1.10B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 11.9%, from $1.24B to $1.10B. Over 3 years (FY 2022 to FY 2025), Transportation and Electronics — Cost of Sales shows relatively stable performance with a -0.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryProfitability
SignalLower is better
VolatilityModerate
First reportedQ1 2022
Last reportedQ1 2026

How to read this metric

A lower ratio of cost of sales to net sales indicates improved manufacturing efficiency or better pricing power.

Detailed definition

This includes the direct costs attributable to the production of goods sold within the Transportation and Electronics se...

Peer comparison

Standard cost of goods sold metric found in all manufacturing-based segment reporting.

Metric ID: mmm_segment_transportation_and_electronics_cost_of_sales

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.35B$1.35B$1.35B$1.35B$1.38B$1.38B$1.38B$1.38B$1.25B$1.26B$1.27B$1.34B$1.24B$1.28B$1.32B$1.43B$1.10B
QoQ Change+0.0%+0.0%+0.0%+2.1%+0.0%+0.0%+0.0%-9.8%+0.8%+1.2%+5.2%-7.0%+2.7%+3.5%+8.0%-23.3%
YoY Change+2.1%+2.1%+2.1%+2.1%-9.8%-9.1%-8.0%-3.3%-0.2%+1.8%+4.1%+6.9%-11.9%
Range$1.10B$1.43B
CAGR-5.2%
Avg YoY Growth-1.6%
Median YoY Growth+1.8%

Frequently Asked Questions

What is 3M's transportation and electronics — cost of sales?
3M (MMM) reported transportation and electronics — cost of sales of $1.10B in Q1 2026.
How has 3M's transportation and electronics — cost of sales changed year-over-year?
3M's transportation and electronics — cost of sales decreased by 11.9% year-over-year, from $1.24B to $1.10B.
What is the long-term trend for 3M's transportation and electronics — cost of sales?
Over 3 years (2022 to 2025), 3M's transportation and electronics — cost of sales has grown at a -0.9% compound annual growth rate (CAGR), from $5.41B to $5.27B.
What does transportation and electronics — cost of sales mean?
The direct costs incurred to manufacture and deliver products within the Transportation and Electronics segment.