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3M MMM Transportation and Electronics — CapEx

Other segment segments

Safety and Industrial
$85M+9.0%
Consumer
$11M0.0%

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Other financials

Income statement

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Revenue$6.0B+1.3%
Gross profit$2.5B-0.8%
Operating income$1.4B+12.1%
Net income$653.0M-41.5%
EPS (diluted)$1.23-39.7%

Balance sheet

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Cash & equivalents$3.7B-41.1%
Total debt$11.5B-11.0%
Total equity$3.3B-26.9%
Total assets$35.4B-11.3%

Cash flow

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Operating cash flow$574.0M+827%
CapEx$225.0M-4.7%
Free cash flow$349.0M+211%

Valuation

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Market cap$83.76B-4.2%
Enterprise value$91.51B-2.5%
P/E30.1×+10.0×
P/S3.4×-0.2×

Profitability

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Gross margin39.7%-1.4pp
Operating margin19.1%-1.0pp
Net margin11.1%-6.7pp

Returns & leverage

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Return on equity72.1%-21.3pp
Debt / equity3.5×+0.6×
Current ratio1.6×-0.1×

Where this comes from

Reported directly by 3M in its filing.

Tagged under the XBRL concept us-gaap:SegmentExpenditureAdditionToLongLivedAssets.

The official record: 3M’s 10-Q, filed April 21, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is 3M's transportation and electronics — capex?
3M (MMM) reported transportation and electronics — capex of $58M in Q1 2026.
How has 3M's transportation and electronics — capex changed year-over-year?
3M's transportation and electronics — capex decreased by 25.6% year-over-year, from $78M to $58M.
What is the long-term trend for 3M's transportation and electronics — capex?
Over 4 years (2021 to 2025), 3M's transportation and electronics — capex has grown at a -10.6% compound annual growth rate (CAGR), from $453M to $289M.
What does transportation and electronics — capex mean?
Cash spent on long-term assets for the Transportation and Electronics segment.
How do you interpret transportation and electronics — capex?
High capital expenditures suggest growth initiatives or necessary infrastructure upgrades to maintain competitive advantage.
How does transportation and electronics — capex compare across companies?
Standard metric for tracking investment in property, plant, and equipment at the segment level.