3M (MMM) Raw Materials (2009 - 2026)
3M's Raw Materials came in at $908 million for Q3 2026, up 10.6% from $821 million a year earlier and up 4.4% from the prior quarter.
Powered by 
Analysis
3M (MMM) Raw Materials (2009 - 2026) Analysis & Trends
At the end of FY2025, 3M's Raw Materials was $791 million, down 0.9% from FY2024.
- Raw Materials has declined in each of the last three years, with a five-year compound annual growth rate of -3.2% (FY2020 to FY2025).
- Going back by year, Raw Materials was $798 million in FY2024 (-7.2%), $860 million in FY2023 (-32.2%), $1.27 billion in FY2022 (+4.7%) and $1.21 billion in FY2021 (+30.0%).
- The Q3 2026 figure represents the highest quarterly Raw Materials since Q2 2024.
- Year-over-year, Raw Materials increased in two of the last eight quarters, with an average decline of 4.5%.
- The fastest year-over-year change in Raw Materials over five years came in Q4 2021 (growth of 30.0%), and the weakest in Q4 2023 (a decline of 32.2%).
- Business Quant data shows MMM's Raw Materials at $870 million (Q2 2026), $822 million (Q1 2026) and $791 million (Q4 2025) in the three quarters before Q3 2026.
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 | 908.00 Mn |
| Jun 30, 2026 | 870.00 Mn |
| Mar 31, 2026 | 822.00 Mn |
| Dec 31, 2025 | 791.00 Mn |
| Sep 30, 2025 | 821.00 Mn |
| Jun 30, 2025 | 854.00 Mn |
| Mar 31, 2025 | 828.00 Mn |
| Dec 31, 2024 | 798.00 Mn |
| Sep 30, 2024 | 875.00 Mn |
| Jun 30, 2024 | 911.00 Mn |
| Mar 31, 2024 | 1.14 Bn |
| Dec 31, 2023 | 860.00 Mn |
| Sep 30, 2023 | 1.17 Bn |
| Jun 30, 2023 | 1.23 Bn |
| Mar 31, 2023 | 1.24 Bn |
| Dec 31, 2022 | 1.27 Bn |
| Sep 30, 2022 | 1.34 Bn |
| Jun 30, 2022 | 1.41 Bn |
| Mar 31, 2022 | 1.28 Bn |
| Dec 31, 2021 | 1.21 Bn |
API Access
3M Raw Materials 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=raw-materials&ticker=MMM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "raw-materials", "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=raw-materials&ticker=MMM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();