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3M MMM Accumulated Depreciation

Accumulated Depreciation at other companies

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Other financials

Income statement

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Revenue$6.0B+1.3%
Gross profit$2.5B-0.8%
Operating income$1.4B+12.1%
Net income$653.0M-41.5%
EPS (diluted)$1.23-39.7%

Balance sheet

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Cash & equivalents$3.7B-41.1%
Total debt$11.5B-11.0%
Total equity$3.3B-26.9%
Total assets$35.4B-11.3%

Cash flow

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Operating cash flow$574.0M+827%
CapEx$225.0M-4.7%
Free cash flow$349.0M+211%

Valuation

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Market cap$83.76B-4.2%
Enterprise value$91.51B-2.5%
P/E30.1×+10.0×
P/S3.4×-0.2×

Profitability

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Gross margin39.7%-1.4pp
Operating margin19.1%-1.0pp
Net margin11.1%-6.7pp

Returns & leverage

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Return on equity72.1%-21.3pp
Debt / equity3.5×+0.6×
Current ratio1.6×-0.1×

Where this comes from

Reported directly by 3M in its filing.

Tagged under the XBRL concept us-gaap:AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment.

The official record: 3M’s 10-Q, filed April 21, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is 3M's accumulated depreciation?
3M (MMM) reported accumulated depreciation of $16.95B in Q1 2026.
How has 3M's accumulated depreciation changed year-over-year?
3M's accumulated depreciation increased by 4.1% year-over-year, from $16.29B to $16.95B.
What is the long-term trend for 3M's accumulated depreciation?
Over 5 years (2020 to 2025), 3M's accumulated depreciation has grown at a -0.5% compound annual growth rate (CAGR), from $17.23B to $16.82B.
What does accumulated depreciation mean?
The total depreciation recorded against physical assets over time.
How do you interpret accumulated depreciation?
A rising balance relative to gross PPE suggests an aging asset base that may require future capital replacement.
How does accumulated depreciation compare across companies?
Varies based on the age of the asset base and the company's capital replacement cycle.