Business Segments · Cost of Sales

Safety and Industrial — Cost of Sales

3M Safety and Industrial — Cost of Sales decreased by 0.5% to $1.57B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 6.9%, from $1.47B to $1.57B. Over 3 years (FY 2022 to FY 2025), Safety and Industrial — Cost of Sales shows relatively stable performance with a -1.8% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2022
Last reportedQ1 2026

How to read this metric

A decrease relative to sales indicates improved manufacturing efficiency or lower input costs, while an increase may signal rising production expenses.

Detailed definition

This represents the direct costs attributable to the production of goods sold within the Safety and Industrial segment,...

Peer comparison

Standard cost of goods sold metric for industrial manufacturing segments.

Metric ID: mmm_segment_safety_and_industrial_cost_of_sales

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.63B$1.63B$1.63B$1.63B$1.53B$1.53B$1.53B$1.53B$1.49B$1.46B$1.49B$1.52B$1.47B$1.54B$1.59B$1.58B$1.57B
QoQ Change+0.0%+0.0%+0.0%-5.7%+0.0%+0.0%+0.0%-3.1%-1.7%+2.1%+2.0%-3.5%+4.6%+3.2%-0.4%-0.5%
YoY Change-5.7%-5.7%-5.7%-5.7%-3.1%-4.7%-2.7%-0.7%-1.1%+5.1%+6.2%+3.7%+6.9%
Range$1.46B$1.63B
CAGR-0.9%
Avg YoY Growth-1.0%
Median YoY Growth-2.7%
Current Streak2 quarters decline

Frequently Asked Questions

What is 3M's safety and industrial — cost of sales?
3M (MMM) reported safety and industrial — cost of sales of $1.57B in Q1 2026.
How has 3M's safety and industrial — cost of sales changed year-over-year?
3M's safety and industrial — cost of sales increased by 6.9% year-over-year, from $1.47B to $1.57B.
What is the long-term trend for 3M's safety and industrial — cost of sales?
Over 3 years (2022 to 2025), 3M's safety and industrial — cost of sales has grown at a -1.8% compound annual growth rate (CAGR), from $6.51B to $6.17B.
What does safety and industrial — cost of sales mean?
The direct costs incurred to manufacture the products sold by the Safety and Industrial segment.