3M (MMM) Goodwill (2009 - 2026)
3M (MMM) reported Goodwill of $6.37 billion for Q2 2026, down 0.9% from $6.43 billion a year earlier and down 0.2% 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 Q2 2026 figure ranks as the lowest quarterly Goodwill since Q1 2025.
- Year over year, Goodwill gained in four of the last eight quarters, with an average decline of 12.2%.
- The high point for year-over-year Goodwill in five years was Q4 2025 (growth of 2.2%); the low point was Q4 2022 (a decline of 53.0%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $6.38 billion (Q1 2026), $6.42 billion (Q4 2025) and $6.42 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 380.10 Bn | 351.79 Bn | 7.76 Bn |
| 2 | Amphenol | 208.03 Bn | 202.73 Bn | 3.55 Bn |
| 3 | Deere | 183.47 Bn | 192.23 Bn | 4.66 Bn |
| 4 | Eaton | 168.26 Bn | 165.49 Bn | 2.86 Bn |
| 5 | Parker-Hannifin | 122.34 Bn | 120.47 Bn | 2.25 Bn |
| 6 | Vertiv Holdings | 95.63 Bn | 86.25 Bn | 1.23 Bn |
| 7 | Emerson Electric | 87.72 Bn | 80.47 Bn | 2.66 Bn |
| 8 | 3M | 86.87 Bn | 68.33 Bn | 2.68 Bn |
| 9 | Illinois Tool Works | 76.08 Bn | 72.64 Bn | 1.90 Bn |
| 10 | Cummins | 71.78 Bn | 68.92 Bn | 2.47 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 13.60 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();