Current Assets
Inventories
3M Inventories increased by 0.8% to $3.69B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 4.6%, from $3.87B to $3.69B. Over 5 years (FY 2020 to FY 2025), Inventories shows a downward trend with a -2.9% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026Apr 21, 2026
How to read this metric
High turnover is generally positive, indicating efficient sales and production, while rising inventory levels relative to sales can signal potential obsolescence or slowing demand.
Detailed definition
This is the aggregate value of all raw materials, work-in-progress, and finished goods held by the company for sale or u...
Peer comparison
Standard metric; peers are compared based on inventory turnover ratios to assess operational excellence.
Metric ID:
inventoriesHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $4.84B | $4.95B | $4.99B | $5.29B | $5.65B | $5.62B | $5.37B | $5.31B | $5.28B | $5.07B | $3.94B | $4.9B | $4.06B | $4.04B | $3.7B | $3.87B | $4.08B | $3.89B | $3.66B | $3.69B |
| QoQ Change | — | +2.2% | +0.7% | +6.1% | +6.7% | -0.5% | -4.3% | -1.2% | -0.5% | -4.1% | -22.1% | +24.2% | -17.1% | -0.5% | -8.4% | +4.6% | +5.4% | -4.5% | -6.0% | +0.8% |
| YoY Change | — | — | — | — | +16.6% | +13.4% | +7.8% | +0.3% | -6.5% | -9.8% | -26.6% | -7.7% | -23.1% | -20.3% | -6.2% | -21.0% | +0.4% | -3.6% | -1.0% | -4.6% |
Range$3.66B – $5.65B
CAGR-5.6%
Avg YoY Growth-5.7%
Median YoY Growth-5.4%
Inventories at Other Companies
Frequently Asked Questions
- What is 3M's inventories?
- 3M (MMM) reported inventories of $3.69B in Q1 2026.
- How has 3M's inventories changed year-over-year?
- 3M's inventories decreased by 4.6% year-over-year, from $3.87B to $3.69B.
- What is the long-term trend for 3M's inventories?
- Over 5 years (2020 to 2025), 3M's inventories has grown at a -2.9% compound annual growth rate (CAGR), from $4.24B to $3.66B.
- What does inventories mean?
- The total value of all goods the company has on hand, including raw materials, items being made, and finished products.