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Current Assets

Finished goods

3M Finished goods decreased by 0.3% to $1.74B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 10.6%, from $1.94B to $1.74B. Over 5 years (FY 2020 to FY 2025), Finished goods shows a downward trend with a -3.5% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026Apr 21, 2026
Parent metricInventories

How to read this metric

A steady level relative to sales is ideal; excessive growth may signal slowing demand, while depletion may indicate supply chain constraints.

Detailed definition

This represents the value of products that have completed the manufacturing process and are ready for sale to customers....

Peer comparison

Varies significantly by industry; manufacturing peers typically maintain levels aligned with lead times and demand forecasts.

Metric ID: inv_finished_goods

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$2.36B$2.32B$2.2B$2.34B$2.45B$2.44B$2.5B$2.52B$2.53B$2.41B$1.84B$2.37B$1.96B$1.97B$1.85B$1.94B$2.09B$1.93B$1.74B$1.74B
QoQ Change-1.4%-5.5%+6.4%+4.7%-0.1%+2.2%+1.0%+0.1%-4.8%-23.4%+28.8%-17.5%+0.9%-6.3%+5.1%+7.6%-7.9%-9.4%-0.3%
YoY Change+3.8%+5.1%+13.7%+8.0%+3.3%-1.6%-26.2%-6.0%-22.6%-17.9%+0.4%-18.0%+7.0%-2.4%-5.7%-10.6%
% of Inventories48.7%46.9%44.1%44.2%43.3%43.5%46.5%47.5%47.8%47.5%46.7%48.4%48.2%48.9%50.0%50.2%51.3%49.5%47.6%47.1%
Share Change-1.7pp-2.9pp+0.1pp-0.8pp+0.2pp+3.0pp+1.1pp+0.3pp-0.4pp-0.8pp+1.7pp-0.3pp+0.7pp+1.1pp+0.2pp+1.1pp-1.8pp-1.8pp-0.5pp
Range$1.74B$2.53B
CAGR-6.2%
Avg YoY Growth-4.4%
Median YoY Growth-2.0%
Current Streak3 quarters decline

Frequently Asked Questions

What is 3M's finished goods?
3M (MMM) reported finished goods of $1.74B in Q1 2026.
How has 3M's finished goods changed year-over-year?
3M's finished goods decreased by 10.6% year-over-year, from $1.94B to $1.74B.
What is the long-term trend for 3M's finished goods?
Over 5 years (2020 to 2025), 3M's finished goods has grown at a -3.5% compound annual growth rate (CAGR), from $2.08B to $1.74B.
What does finished goods mean?
The value of products that are fully manufactured and ready to be sold to customers.