Non-Current Assets

PP&E (Net)

3M PP&E (Net) decreased by 2.0% to $6.96B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 5.4%, from $7.36B to $6.96B. Over 5 years (FY 2020 to FY 2025), PP&E (Net) shows a downward trend with a -5.5% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ3 2015
Last reportedQ4 2025

How to read this metric

An increase indicates investment in future capacity or infrastructure, while a decrease suggests asset aging or a shift toward an asset-light model.

Detailed definition

The book value of long-term physical assets such as manufacturing facilities, data centers, and retail stores, net of ac...

Peer comparison

Varies significantly based on whether a company owns its manufacturing plants or outsources production to third-party partners.

Metric ID: property_plant_equipment_net

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$9.36B$9.32B$9.43B$9.39B$9.32B$9.20B$9.18B$9.25B$9.21B$9.00B$9.16B$9.07B$7.47B$7.53B$7.39B$7.36B$7.39B$7.25B$7.10B$6.96B
QoQ Change-0.4%+1.1%-0.4%-0.7%-1.3%-0.2%+0.8%-0.4%-2.2%+1.7%-0.9%-17.6%+0.8%-1.9%-0.4%+0.5%-2.0%-2.0%-2.0%
YoY Change-0.4%-1.4%-2.7%-1.5%-1.2%-2.1%-0.2%-1.9%-18.9%-16.4%-19.3%-18.9%-1.1%-3.7%-3.9%-5.4%
Range$6.96B$9.43B
CAGR-6.0%
Avg YoY Growth-6.2%
Median YoY Growth-2.4%
Current Streak3 quarters decline

Frequently Asked Questions

What is 3M's pp&e (net)?
3M (MMM) reported pp&e (net) of $6.96B in Q1 2026.
How has 3M's pp&e (net) changed year-over-year?
3M's pp&e (net) decreased by 5.4% year-over-year, from $7.36B to $6.96B.
What is the long-term trend for 3M's pp&e (net)?
Over 5 years (2020 to 2025), 3M's pp&e (net) has grown at a -5.5% compound annual growth rate (CAGR), from $9.42B to $7.10B.
What does pp&e (net) mean?
The value of the company's physical buildings, machinery, and equipment after accounting for wear and tear.