3M (MMM) reported D&A of $326M in Q1 2026.

How has 3M's D&A changed year-over-year?

3M's D&A increased by 12.4% year-over-year, from $290M to $326M.

What is the long-term trend for 3M's D&A?

Over 4 years (2021 to 2025), 3M's D&A has grown at a -9.1% compound annual growth rate (CAGR), from $1.92B to $1.31B.

Non-cash expense representing the systematic allocation of tangible asset costs (depreciation) and intangible asset costs (amortization) over their useful lives.

3M MMM D&A

D&A at other companies

PPG IndustriesPPG

$132M+9.1%

WD-40 CompanyWDFC

$48K+9.1%

Mativ HoldingsMATV

$34.8M-1.4%

DuPont de Nemours, Inc.DD

$68M-9.3%

XPEL, Inc.XPEL

$2.06M+35.4%

SolventumSOLV

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Other financials

Income statement

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Revenue$6.0B+1.3%

Gross profit$2.5B-0.8%

Operating income$1.4B+12.1%

Net income$653.0M-41.5%

EPS (diluted)$1.23-39.7%

Balance sheet

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Cash & equivalents$3.7B-41.1%

Total debt$11.5B-11.0%

Total equity$3.3B-26.9%

Total assets$35.4B-11.3%

Cash flow

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Operating cash flow$574.0M+827%

CapEx$225.0M-4.7%

Free cash flow$349.0M+211%

Valuation

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Market cap$87.61B+13.0%

Enterprise value$95.36B+13.4%

P/E31.4×+13.7×

P/S3.5×+0.3×

Profitability

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Gross margin39.7%-1.4pp

Operating margin19.1%-1.0pp

Net margin11.1%-6.7pp

FCF margin8.2%+8.0pp

Returns & leverage

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Return on equity72.1%-21.3pp

Debt / equity3.5×+0.6×

Current ratio1.6×-0.1×

Where this comes from

Reported directly by 3M in its filing.

Tagged under the XBRL concept us-gaap:DepreciationDepletionAndAmortization.

The official record: 3M’s 10-Q, filed April 21, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is 3M's D&A?: 3M (MMM) reported D&A of $326M in Q1 2026.
How has 3M's D&A changed year-over-year?: 3M's D&A increased by 12.4% year-over-year, from $290M to $326M.
What is the long-term trend for 3M's D&A?: Over 4 years (2021 to 2025), 3M's D&A has grown at a -9.1% compound annual growth rate (CAGR), from $1.92B to $1.31B.
What does D&A mean?: Non-cash expense representing the systematic allocation of tangible asset costs (depreciation) and intangible asset costs (amortization) over their useful lives.