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3M MMM Transportation and Electronics — Inventories

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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 mmm:InventoriesAdjusted.

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
Assets (millions)June 30, 2026December 31, 2025
Business segment assets:
Inventories
Safety and Industrial$1,664$1,636
Transportation and Electronics1,0801,068
Consumer788694
Total business segment assets3,5323,398
All other current assets10,58012,989
Total non-current assets20,81221,346

Item 1. Financial Statements

FAQ

What is 3M's transportation and electronics — inventories?
3M (MMM) reported transportation and electronics — inventories of $1.08B in Q2 2026.
How has 3M's transportation and electronics — inventories changed year-over-year?
3M's transportation and electronics — inventories decreased by 19.5% year-over-year, from $1.34B to $1.08B.
What does transportation and electronics — inventories mean?
This represents the value of raw materials, work-in-progress, and finished goods held by the Transportation and Electronics segment. It is a key indicator of supply chain health and the segment's ability to meet customer demand efficiently.

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