3M (MMM) Inventory (2009 - 2026)
3M (MMM) recorded Inventory of $3.77 billion in Q2 2026, down 7.5% from $4.08 billion a year earlier but up 2.2% from the prior quarter.
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Analysis
3M (MMM) Inventory (2009 - 2026) Analysis & Trends
At the end of FY2025, 3M reported Inventory of $3.66 billion, down 1.0% from FY2024.
- Annual Inventory has declined for three straight years, with a five-year compound annual growth rate of -2.9% (FY2020 to FY2025).
- Across earlier years, Inventory came in at $3.7 billion in FY2024 (-6.2%), $3.94 billion in FY2023 (-26.6%), $5.37 billion in FY2022 (+7.8%) and $4.99 billion in FY2021 (+17.6%).
- Quarterly Inventory has ranged from $3.66 billion in Q4 2025 to $5.65 billion in Q2 2022 over the past five years.
- On a year-over-year basis, Inventory has declined for four consecutive quarters, with an average decline of 8.0% over the last eight quarters.
- Peak year-over-year performance for Inventory in the last five years was growth of 24.2% in Q3 2021, against a decline of 26.6% in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $3.69 billion (Q1 2026), $3.66 billion (Q4 2025) and $3.89 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 380.10 Bn | 351.79 Bn | 7.76 Bn | 20.63 Bn |
| 2 | Amphenol | 208.03 Bn | 202.73 Bn | 3.55 Bn | 4.55 Bn |
| 3 | Deere | 183.47 Bn | 192.23 Bn | 4.66 Bn | 7.81 Bn |
| 4 | Eaton | 168.26 Bn | 165.49 Bn | 2.86 Bn | 5.42 Bn |
| 5 | Parker-Hannifin | 122.34 Bn | 120.47 Bn | 2.25 Bn | 3.17 Bn |
| 6 | Vertiv Holdings | 95.63 Bn | 86.25 Bn | 1.23 Bn | 2.52 Bn |
| 7 | Emerson Electric | 87.72 Bn | 80.47 Bn | 2.66 Bn | 2.51 Bn |
| 8 | 3M | 86.87 Bn | 68.33 Bn | 2.68 Bn | 3.77 Bn |
| 9 | Illinois Tool Works | 76.08 Bn | 72.64 Bn | 1.90 Bn | 1.76 Bn |
| 10 | Cummins | 71.78 Bn | 68.92 Bn | 2.47 Bn | 6.40 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.77 Bn |
| Mar 31, 2026 | 3.69 Bn |
| Dec 31, 2025 | 3.66 Bn |
| Sep 30, 2025 | 3.89 Bn |
| Jun 30, 2025 | 4.08 Bn |
| Mar 31, 2025 | 3.87 Bn |
| Dec 31, 2024 | 3.70 Bn |
| Sep 30, 2024 | 4.04 Bn |
| Jun 30, 2024 | 4.06 Bn |
| Mar 31, 2024 | 4.90 Bn |
| Dec 31, 2023 | 3.94 Bn |
| Sep 30, 2023 | 5.07 Bn |
| Jun 30, 2023 | 5.28 Bn |
| Mar 31, 2023 | 5.31 Bn |
| Dec 31, 2022 | 5.37 Bn |
| Sep 30, 2022 | 5.62 Bn |
| Jun 30, 2022 | 5.65 Bn |
| Mar 31, 2022 | 5.29 Bn |
| Dec 31, 2021 | 4.99 Bn |
| Sep 30, 2021 | 4.95 Bn |
API Access
3M 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=inventory&ticker=MMM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "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=inventory&ticker=MMM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();