What is 3M's variable costs?

3M (MMM) reported variable costs of $26.25M in Q4 2025.

How has 3M's variable costs changed year-over-year?

3M's variable costs decreased by 7.9% year-over-year, from $28.5M to $26.25M.

What is the long-term trend for 3M's variable costs?

Over 4 years (2021 to 2025), 3M's variable costs has grown at a -4.6% compound annual growth rate (CAGR), from $127M to $105M.

Other

Variable costs

3M Variable costs remained flat by 0.0% to $26.25M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 7.9%, from $28.5M to $26.25M. Over 4 years (FY 2021 to FY 2025), Variable costs shows a downward trend with a -4.6% CAGR.

Analysis

StatementCash Flow Statement

SectionOther

First reportedQ1 2021

Last reportedQ4 2025Feb 3, 2026

Metric ID: other_variable_lease_cost

Historical Data

5 years

	FY'21	FY'22	FY'23	FY'24	FY'25
Value	$127M	$101M	$103M	$114M	$105M
YoY Change	—	-20.5%	+2.0%	+10.7%	-7.9%

Range$101M – $127M

CAGR-4.6%

Avg YoY Growth-3.9%

Median YoY Growth-3.0%

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Frequently Asked Questions

What is 3M's variable costs?: 3M (MMM) reported variable costs of $26.25M in Q4 2025.
How has 3M's variable costs changed year-over-year?: 3M's variable costs decreased by 7.9% year-over-year, from $28.5M to $26.25M.
What is the long-term trend for 3M's variable costs?: Over 4 years (2021 to 2025), 3M's variable costs has grown at a -4.6% compound annual growth rate (CAGR), from $127M to $105M.