3M (MMM) Change in Account Payables (2009 - 2026)
3M's Change in Account Payables was $301 million in Q2 2026, up 527.1% from $48 million a year earlier and up 150.8% from the prior quarter.
3M (MMM) Change in Account Payables (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, 3M's Change in Account Payables was $260 million through Jun 30, 2026, up 319.4% year-over-year; for FY2025, it came in at $21 million, down 54.3% from FY2024.
- Change in Account Payables shows a five-year compound annual growth rate of -39.2% (FY2020 to FY2025).
- In earlier years, Change in Account Payables was $46 million in FY2024 (-66.7%), $138 million in FY2023 (+24.3%), $111 million in FY2022 (-78.6%) and $518 million in FY2021 (+105.6%).
- The Q2 2026 figure marks the highest quarterly Change in Account Payables in data going back to Q1 2009.
- Compared with a year earlier, Change in Account Payables was higher in two of the last four quarters, with growth averaging 141.9%.
- The best year-over-year quarter for Change in Account Payables over five years was Q2 2026 (growth of 527.1%); the worst was Q1 2023 (a decline of 86.2%).
- Per Business Quant data, MMM's Change in Account Payables in the three quarters before Q2 2026 was $120 million (Q1 2026), -$46 million (Q4 2025) and -$115 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 388.70 Bn | 360.40 Bn | 7.76 Bn | 590.00 Mn |
| 2 | Amphenol | 214.42 Bn | 209.12 Bn | 3.55 Bn | - |
| 3 | Deere | 185.30 Bn | 194.07 Bn | 4.66 Bn | - |
| 4 | Eaton | 169.35 Bn | 166.59 Bn | 2.86 Bn | - |
| 5 | Parker-Hannifin | 122.64 Bn | 120.77 Bn | 2.25 Bn | 143.00 Mn |
| 6 | Vertiv Holdings | 97.12 Bn | 87.74 Bn | 1.23 Bn | 482.50 Mn |
| 7 | Emerson Electric | 90.13 Bn | 82.89 Bn | 2.66 Bn | 135.00 Mn |
| 8 | 3M | 83.49 Bn | 64.94 Bn | 2.68 Bn | 301.00 Mn |
| 9 | Illinois Tool Works | 74.89 Bn | 71.45 Bn | 1.90 Bn | 27.00 Mn |
| 10 | Cummins | 72.76 Bn | 69.90 Bn | 2.47 Bn | 231.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 301.00 Mn |
| Mar 31, 2026 | 120.00 Mn |
| Dec 31, 2025 | -46.00 Mn |
| Sep 30, 2025 | -115.00 Mn |
| Jun 30, 2025 | 48.00 Mn |
| Mar 31, 2025 | 134.00 Mn |
| Dec 31, 2024 | 38.00 Mn |
| Sep 30, 2024 | -158.00 Mn |
| Jun 30, 2024 | -54.00 Mn |
| Mar 31, 2024 | 220.00 Mn |
| Dec 31, 2023 | 20.00 Mn |
| Sep 30, 2023 | -17.00 Mn |
| Jun 30, 2023 | 99.00 Mn |
| Mar 31, 2023 | 36.00 Mn |
| Dec 31, 2022 | -64.00 Mn |
| Sep 30, 2022 | -226.00 Mn |
| Jun 30, 2022 | 140.00 Mn |
| Mar 31, 2022 | 261.00 Mn |
| Dec 31, 2021 | 178.00 Mn |
| Sep 30, 2021 | -71.00 Mn |
3M Change in Account Payables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-account-payables&ticker=MMM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-account-payables", "ticker": "MMM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=change-in-account-payables&ticker=MMM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();