3M (MMM) Change in Inventory (2009 - 2026)
3M (MMM) recorded Change in Inventory of $81 million in Q2 2026, down 29.6% from $115 million a year earlier but up 58.8% from the prior quarter.
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Analysis
3M (MMM) Change in Inventory (2009 - 2026) Analysis & Trends
On a TTM basis, 3M's Change in Inventory came in at -$247 million as of Jun 30, 2026; for FY2025, it was -$139 million.
- Across earlier years, Change in Inventory came in at -$41 million in FY2024, -$567 million in FY2023, $629 million in FY2022 (-30.3%) and $903 million in FY2021 (+892.3%).
- Quarterly Change in Inventory has ranged from -$389 million in Q4 2022 to $518 million in Q2 2022 over the past five years.
- Peak year-over-year performance for Change in Inventory in the last five years was growth of 52.4% in Q2 2022, against a decline of 59.2% in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $51 million (Q1 2026), -$231 million (Q4 2025) and -$148 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 1.05 Bn |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | - |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | -295.00 Mn |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | - |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | -7.00 Mn |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 663.80 Mn |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 60.00 Mn |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 81.00 Mn |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 32.00 Mn |
| 10 | Cummins | 71.14 Bn | 68.27 Bn | 2.47 Bn | 279.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 81.00 Mn |
| Mar 31, 2026 | 51.00 Mn |
| Dec 31, 2025 | -231.00 Mn |
| Sep 30, 2025 | -148.00 Mn |
| Jun 30, 2025 | 115.00 Mn |
| Mar 31, 2025 | 125.00 Mn |
| Dec 31, 2024 | -213.00 Mn |
| Sep 30, 2024 | -98.00 Mn |
| Jun 30, 2024 | 129.00 Mn |
| Mar 31, 2024 | 141.00 Mn |
| Dec 31, 2023 | -331.00 Mn |
| Sep 30, 2023 | -135.00 Mn |
| Jun 30, 2023 | -10.00 Mn |
| Mar 31, 2023 | -91.00 Mn |
| Dec 31, 2022 | -389.00 Mn |
| Sep 30, 2022 | 181.00 Mn |
| Jun 30, 2022 | 518.00 Mn |
| Mar 31, 2022 | 319.00 Mn |
| Dec 31, 2021 | 80.00 Mn |
| Sep 30, 2021 | 179.00 Mn |
API Access
3M Change in Inventory 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-inventory&ticker=MMM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-inventory", "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-inventory&ticker=MMM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();