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2029

3M 2029 decreased by 3.4% to $57M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 3.4%, from $59M to $57M. Over 4 years (FY 2021 to FY 2025), 2029 shows a downward trend with a -40.1% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ3 2021
Last reportedQ1 2026Apr 21, 2026

How to read this metric

Provides insight into the future earnings drag from past acquisitions or capitalized development costs.

Detailed definition

This represents the projected amortization expense for finite-lived intangible assets specifically for the year 2029. It...

Peer comparison

Commonly found in the notes to financial statements for large-cap industrial or technology firms.

Metric ID: other_finite_lived_intangible_assets_amortization_expens_a9462e

Historical Data

19 periods
 Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$458M$457M$425M$423M$418M$421M$416M$418M$416M$418M$393M$85M$85M$85M$59M$59M$59M$59M$57M
QoQ Change-0.2%-7.0%-0.5%-1.2%+0.7%-1.2%+0.5%-0.5%+0.5%-6.0%-78.4%+0.0%+0.0%-30.6%+0.0%+0.0%+0.0%-3.4%
YoY Change-8.7%-7.9%-2.1%-1.2%-0.5%-0.7%-5.5%-79.7%-79.6%-79.7%-85.0%-30.6%-30.6%-30.6%-3.4%
Range$57M$458M
CAGR-37.1%
Avg YoY Growth-29.7%
Median YoY Growth-8.7%

Frequently Asked Questions

What is 3M's 2029?
3M (MMM) reported 2029 of $57M in Q1 2026.
How has 3M's 2029 changed year-over-year?
3M's 2029 decreased by 3.4% year-over-year, from $59M to $57M.
What is the long-term trend for 3M's 2029?
Over 4 years (2021 to 2025), 3M's 2029 has grown at a -40.1% compound annual growth rate (CAGR), from $457M to $59M.
What does 2029 mean?
The expected accounting cost to write down intangible assets in the year 2029.