3M (MMM) Work In Process (2009 - 2026)
3M (MMM) reported Work In Process of $1.23 billion for Q3 2026, up 7.6% from $1.15 billion a year earlier and up 9.7% from the prior quarter.
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Analysis
3M (MMM) Work In Process (2009 - 2026) Analysis & Trends
At the end of FY2025, 3M posted Work In Process of $1.13 billion, up 7.1% from FY2024.
- Work In Process has a five-year compound annual growth rate of -1.7% (FY2020 to FY2025).
- By year, Work In Process came in at $1.05 billion in FY2024 (-15.4%), $1.24 billion in FY2023 (-22.7%), $1.61 billion in FY2022 (+1.8%) and $1.58 billion in FY2021 (+28.6%).
- The Q3 2026 figure ranks as the highest quarterly Work In Process since Q1 2024.
- Year over year, Work In Process gained in three of the last eight quarters, with an average decline of 3.5%.
- The high point for year-over-year Work In Process in five years was Q1 2022 (growth of 33.6%); the low point was Q4 2023 (a decline of 22.7%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $1.12 billion (Q2 2026), $1.13 billion (Q1 2026) and $1.13 billion (Q4 2025).
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 | 1.23 Bn |
| Jun 30, 2026 | 1.12 Bn |
| Mar 31, 2026 | 1.13 Bn |
| Dec 31, 2025 | 1.13 Bn |
| Sep 30, 2025 | 1.15 Bn |
| Jun 30, 2025 | 1.13 Bn |
| Mar 31, 2025 | 1.10 Bn |
| Dec 31, 2024 | 1.05 Bn |
| Sep 30, 2024 | 1.19 Bn |
| Jun 30, 2024 | 1.19 Bn |
| Mar 31, 2024 | 1.39 Bn |
| Dec 31, 2023 | 1.24 Bn |
| Sep 30, 2023 | 1.49 Bn |
| Jun 30, 2023 | 1.53 Bn |
| Mar 31, 2023 | 1.55 Bn |
| Dec 31, 2022 | 1.61 Bn |
| Sep 30, 2022 | 1.83 Bn |
| Jun 30, 2022 | 1.79 Bn |
| Mar 31, 2022 | 1.67 Bn |
| Dec 31, 2021 | 1.58 Bn |
API Access
3M Work In Process 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=work-in-process&ticker=MMM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "work-in-process", "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=work-in-process&ticker=MMM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();