3M (MMM) Goodwill (2009 - 2026)
3M (MMM) reported Goodwill of $7.34 billion for Q3 2026, up 14.5% from $6.42 billion a year earlier and up 15.2% from the prior quarter.
Analysis
3M (MMM) Goodwill (2009 - 2026) Analysis & Trends
At the end of FY2025, 3M posted Goodwill of $6.42 billion, up 2.2% from FY2024.
- Goodwill has a five-year compound annual growth rate of -14.2% (FY2020 to FY2025).
- By year, Goodwill came in at $6.28 billion in FY2024 (-1.6%), $6.38 billion in FY2023 (+0.7%), $6.34 billion in FY2022 (-53.0%) and $13.49 billion in FY2021 (-2.3%).
- The Q3 2026 figure ranks as the highest quarterly Goodwill since Q1 2024.
- Year over year, Goodwill gained in five of the last eight quarters, with an average decline of 4.2%.
- The high point for year-over-year Goodwill in five years was Q3 2026 (growth of 14.5%); the low point was Q4 2022 (a decline of 53.0%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $6.37 billion (Q2 2026), $6.38 billion (Q1 2026) and $6.42 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 268.42 Bn | 239.73 Bn | 7.35 Bn |
| 2 | Amphenol | 200.18 Bn | 194.88 Bn | 4.02 Bn |
| 3 | Deere | 182.33 Bn | 150.42 Bn | 4.66 Bn |
| 4 | Eaton | 139.45 Bn | 136.39 Bn | 3.11 Bn |
| 5 | Parker-Hannifin | 120.96 Bn | 118.84 Bn | 2.26 Bn |
| 6 | 3M | 97.01 Bn | 78.45 Bn | 2.78 Bn |
| 7 | Emerson Electric | 93.92 Bn | 86.65 Bn | 2.66 Bn |
| 8 | Illinois Tool Works | 80.83 Bn | 77.51 Bn | 1.91 Bn |
| 9 | Vertiv Holdings | 75.75 Bn | 64.60 Bn | 1.64 Bn |
| 10 | TE Connectivity | 63.95 Bn | 59.09 Bn | 1.84 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 7.34 Bn |
| Jun 30, 2026 | 6.37 Bn |
| Mar 31, 2026 | 6.38 Bn |
| Dec 31, 2025 | 6.42 Bn |
| Sep 30, 2025 | 6.42 Bn |
| Jun 30, 2025 | 6.43 Bn |
| Mar 31, 2025 | 6.34 Bn |
| Dec 31, 2024 | 6.28 Bn |
| Sep 30, 2024 | 6.40 Bn |
| Jun 30, 2024 | 6.32 Bn |
| Mar 31, 2024 | 12.81 Bn |
| Dec 31, 2023 | 6.38 Bn |
| Sep 30, 2023 | 12.72 Bn |
| Jun 30, 2023 | 12.87 Bn |
| Mar 31, 2023 | 12.86 Bn |
| Dec 31, 2022 | 6.34 Bn |
| Sep 30, 2022 | 12.67 Bn |
| Jun 30, 2022 | 13.06 Bn |
| Mar 31, 2022 | 13.37 Bn |
| Dec 31, 2021 | 13.49 Bn |
API Access
3M Goodwill 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=goodwill&ticker=MMM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill", "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=goodwill&ticker=MMM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();