3M (MMM) Raw Materials (2009 - 2026)
3M's Raw Materials came in at $870 million for Q2 2026, up 1.9% from $854 million a year earlier and up 5.8% from the prior quarter.
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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 Q2 2026 figure represents the highest quarterly Raw Materials since Q3 2024.
- Year-over-year, Raw Materials increased in 1 of the last eight quarters, with an average decline of 9.0%.
- The fastest year-over-year change in Raw Materials over five years came in Q3 2021 (growth of 32.1%), and the weakest in Q4 2023 (a decline of 32.2%).
- Business Quant data shows MMM's Raw Materials at $822 million (Q1 2026), $791 million (Q4 2025) and $821 million (Q3 2025) in the three quarters before Q2 2026.
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 | 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 |
| Sep 30, 2021 | 1.19 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();