3M (MMM) Other Working Capital Changes (2009 - 2026)
3M (MMM) reported Other Working Capital Changes of $764 million for Q2 2026, down 59.4% from $1.88 billion a year earlier but up 94.4% from the prior quarter.
3M (MMM) Other Working Capital Changes (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, 3M's Other Working Capital Changes came in at $896 million, down 87.5% year-over-year; for FY2025, it was $3.15 billion, down 42.0% from FY2024.
- By year, Other Working Capital Changes came in at $5.42 billion in FY2024, -$14.76 billion in FY2023, -$854 million in FY2022 and -$227 million in FY2021.
- Five-year quarterly Other Working Capital Changes spans a low of -$10.88 billion in Q2 2023 and a high of $3.81 billion in Q3 2024.
- Year over year, Other Working Capital Changes gained in two of the last four quarters, with growth averaging 19.1%.
- The high point for year-over-year Other Working Capital Changes in five years was Q1 2022 (growth of 229.1%); the low point was Q4 2023 (a decline of 90.0%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $393 million (Q1 2026), $160 million (Q4 2025) and -$421 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn |
| 10 | Cummins | 71.14 Bn | 68.27 Bn | 2.47 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 764.00 Mn |
| Mar 31, 2026 | 393.00 Mn |
| Dec 31, 2025 | 160.00 Mn |
| Sep 30, 2025 | -421.00 Mn |
| Jun 30, 2025 | 1.88 Bn |
| Mar 31, 2025 | 1.52 Bn |
| Dec 31, 2024 | -45.00 Mn |
| Sep 30, 2024 | 3.81 Bn |
| Jun 30, 2024 | 902.00 Mn |
| Mar 31, 2024 | 757.00 Mn |
| Dec 31, 2023 | 49.00 Mn |
| Sep 30, 2023 | -4.17 Bn |
| Jun 30, 2023 | -10.88 Bn |
| Mar 31, 2023 | 241.00 Mn |
| Dec 31, 2022 | 488.00 Mn |
| Sep 30, 2022 | -342.00 Mn |
| Jun 30, 2022 | -1.77 Bn |
| Mar 31, 2022 | 770.00 Mn |
| Dec 31, 2021 | -15.00 Mn |
| Sep 30, 2021 | -292.00 Mn |
3M Other Working Capital Changes 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=other-working-capital-changes&ticker=MMM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-working-capital-changes", "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=other-working-capital-changes&ticker=MMM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();