Business Segments · CapEx
Industrial — CapEx
3M Industrial — CapEx decreased by 9.3% to $225.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 4.7%, from $236.00M to $225.00M. Over 4 years (FY 2021 to FY 2025), Industrial — CapEx shows a downward trend with a -13.2% CAGR.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2025
Last reportedQ1 2026
How to read this metric
Higher spending suggests growth investment or modernization, while lower spending may indicate a focus on cash preservation or reduced capacity needs.
Detailed definition
This represents the cash outflows directed toward capital expenditures (CapEx) for the Industrial segment, specifically...
Peer comparison
Standard capital expenditure metric used across all industrial and manufacturing sectors.
Metric ID:
mmm_segment_industrial_payments_to_acquire_property_plant_and_equipmentHistorical 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 | $400.75M | $400.75M | $400.75M | $437.25M | $437.25M | $437.25M | $437.25M | $475.00M | $377.00M | $405.00M | $358.00M | $375.00M | $269.00M | $246.00M | $291.00M | $236.00M | $208.00M | $218.00M | $248.00M | $225.00M |
| QoQ Change | — | +0.0% | +0.0% | +9.1% | +0.0% | +0.0% | +0.0% | +8.6% | -20.6% | +7.4% | -11.6% | +4.7% | -28.3% | -8.6% | +18.3% | -18.9% | -11.9% | +4.8% | +13.8% | -9.3% |
| YoY Change | — | — | — | — | +9.1% | +9.1% | +9.1% | +8.6% | -13.8% | -7.4% | -18.1% | -21.1% | -28.6% | -39.3% | -18.7% | -37.1% | -22.7% | -11.4% | -14.8% | -4.7% |
Range$208.00M – $475.00M
CAGR-11.4%
Avg YoY Growth-12.6%
Median YoY Growth-14.3%
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Frequently Asked Questions
- What is 3M's industrial — capex?
- 3M (MMM) reported industrial — capex of $225.00M in Q1 2026.
- How has 3M's industrial — capex changed year-over-year?
- 3M's industrial — capex decreased by 4.7% year-over-year, from $236.00M to $225.00M.
- What is the long-term trend for 3M's industrial — capex?
- Over 4 years (2021 to 2025), 3M's industrial — capex has grown at a -13.2% compound annual growth rate (CAGR), from $1.60B to $910.00M.
- What does industrial — capex mean?
- The cash spent by the Industrial segment to buy or upgrade physical assets like machinery and factories.