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3M MMM Transportation and Electronics — CapEx

Other segment segments

Safety and Industrial
$112M+45.5%
Consumer
$20M+25.0%

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DCHCorporate and Eliminations — CapEx
$675K-35.7%

Other financials

Income statement

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Revenue$6.5B+2.5%
Gross profit$2.7B-0.6%
Operating income$984.0M-13.7%
Net income$933.0M+29.0%
EPS (diluted)$1.78+32.8%

Balance sheet

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Cash & equivalents$3.0B-20.4%
Total debt$13.2B+0.8%
Total equity$3.0B-31.2%
Total assets$34.9B-8.1%

Cash flow

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Operating cash flow$986.0M+203%
CapEx$223.0M+7.2%
Free cash flow$763.0M+166%

Valuation

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Market cap$93.9B+16.9%
Enterprise value$104.11B+16.1%
P/E31.3×+10.9×
P/S3.7×+0.5×

Profitability

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Gross margin39.4%-1.6pp
Operating margin18.4%-1.1pp
Net margin11.9%-4.1pp
FCF margin15.8%+11.8pp

Returns & leverage

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Return on equity82.8%-13.2pp
Debt / equity4.5×+1.4×
Current ratio1.2×-0.5×

Where this comes from

Reported directly by 3M in its filing.

Tagged under the XBRL concept us-gaap:SegmentExpenditureAdditionToLongLivedAssets.

The source filing: 3M’s 10-Q, filed July 21, 2026.

Filed
Jul 21, 2026, 12:08 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000066740-26-000246
Depreciation and amortization (millions)Three months ended June 30, 2026Three months ended June 30, 2025Six months ended June 30, 2026Six months ended June 30, 2025
Corporate552110945
Total$335$290$661$580
Capital expenditures (millions)
Safety and Industrial$112$77$197$155
Transportation and Electronics77104135182
Consumer20163127
Corporate14118580
Total$223$208$448$444

Item 1. Financial Statements

FAQ

What is 3M's transportation and electronics — capex?
3M (MMM) reported transportation and electronics — capex of $77M in Q2 2026.
How has 3M's transportation and electronics — capex changed year-over-year?
3M's transportation and electronics — capex decreased by 26.0% year-over-year, from $104M to $77M.
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 -7.7% compound annual growth rate (CAGR), from $453M to $329M.
What does transportation and electronics — capex mean?
This measures the cash spent by the Transportation and Electronics segment to acquire, upgrade, or maintain physical assets like machinery, equipment, and facilities. It indicates the level of investment in the segment's future production capacity.

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