3M Safety and Industrial — CapEx decreased by 21.3% to $85.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 9.0%, from $78.00M to $85.00M. Over 4 years (FY 2021 to FY 2025), Safety and Industrial — CapEx shows relatively stable performance with a 0.6% CAGR.
Increased spending suggests growth investment, while sustained low spending may indicate aging infrastructure or a shift in strategy.
This metric tracks the cash spent by the Safety and Industrial segment to acquire, upgrade, or maintain physical assets...
Standard capital investment metric for manufacturing segments.
mmm_segment_safety_and_industrial_capital_expenditures| 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 | $84.75M | $84.75M | $84.75M | $128.00M | $128.00M | $128.00M | $128.00M | $71.25M | $71.25M | $71.25M | $71.25M | $76.00M | $81.00M | $99.00M | $117.00M | $78.00M | $77.00M | $84.00M | $108.00M | $85.00M |
| QoQ Change | — | +0.0% | +0.0% | +51.0% | +0.0% | +0.0% | +0.0% | -44.3% | +0.0% | +0.0% | +0.0% | +6.7% | +6.6% | +22.2% | +18.2% | -33.3% | -1.3% | +9.1% | +28.6% | -21.3% |
| YoY Change | — | — | — | — | +51.0% | +51.0% | +51.0% | -44.3% | -44.3% | -44.3% | -44.3% | +6.7% | +13.7% | +38.9% | +64.2% | +2.6% | -4.9% | -15.2% | -7.7% | +9.0% |