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3M MMM Transportation and Electronics — Selling, general and administrative expenses

Other segment segments

Safety and Industrial
$459M+0.9%
Consumer
$212M-4.9%

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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 us-gaap:SellingGeneralAndAdministrativeExpense.

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
Net sales (millions)Three months ended June 30, 2026Three months ended June 30, 2025Six months ended June 30, 2026Six months ended June 30, 2025
Safety and Industrial operating income8597381,6351,437
Transportation and Electronics
Cost of sales1,1761,1102,2712,176
Selling, general and administrative expenses259245492496
Research, development and related expenses128110249219
Transportation and Electronics operating income503479902869
Consumer
Cost of sales7507481,4371,417

Item 1. Financial Statements

FAQ

What is 3M's transportation and electronics — selling, general and administrative expenses?
3M (MMM) reported transportation and electronics — selling, general and administrative expenses of $259M in Q2 2026.
How has 3M's transportation and electronics — selling, general and administrative expenses changed year-over-year?
3M's transportation and electronics — selling, general and administrative expenses increased by 5.7% year-over-year, from $245M to $259M.
What is the long-term trend for 3M's transportation and electronics — selling, general and administrative expenses?
Over 2 years (2023 to 2025), 3M's transportation and electronics — selling, general and administrative expenses has grown at a -7.6% compound annual growth rate (CAGR), from $1.21B to $1.03B.
What does transportation and electronics — selling, general and administrative expenses mean?
These are the operating expenses incurred by the Transportation and Electronics segment that are not directly tied to production, including marketing, sales force costs, and administrative overhead. It measures the efficiency of the segment's support and commercial infrastructure.

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