3M (MMM) Work In Process (2009 - 2026)
3M's (MMM) quarterly Work In Process came in at $1.1 billion in Q2 2026, down 0.62% year-over-year from $1.1 billion in Q2 2025, and down 0.53% quarter-over-quarter from $1.1 billion in Q1 2026.
Analysis
3M (MMM) Work In Process (2009 - 2026) Analysis & Trends
3M has disclosed Work In Process across 18 years of filings, most recently posting $1.1 billion for Q2 2026.
- In Q2 2026, Work In Process fell 0.62% year-over-year to $1.1 billion; the TTM figure through Jun 2026 stood at $1.1 billion (down 0.62% YoY), while the FY2025 annual figure was $1.1 billion, up 7.14% from the prior year.
- Work In Process came in at $1.1 billion for Q2 2026 at 3M, down from $1.1 billion in the prior quarter.
- In the past five years, Work In Process ranged from a high of $1.8 billion in Q3 2022 to a low of $1.1 billion in Q4 2024.
- Average Work In Process over 5 years is $1.3 billion, with a median of $1.2 billion recorded in 2023.
- Year-over-year, Work In Process surged 33.63% in 2022 and slipped 22.67% in 2023.
- Over 5 years, Work In Process stood at $1.6 billion in 2022, then retreated by 22.67% to $1.2 billion in 2023, then dropped by 15.38% to $1.1 billion in 2024, then rose by 7.14% to $1.1 billion in 2025, then fell by 0.18% to $1.1 billion in 2026.
- Per Business Quant data, the three most recent Work In Process figures were $1.1 billion in Q2 2026, $1.1 billion in Q1 2026, and $1.1 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | 3M | 84.63 Bn | 81.30 Bn | 2.68 Bn |
| 2 | Illinois Tool Works | 75.96 Bn | 75.12 Bn | 1.90 Bn |
| 3 | Ametek | 53.68 Bn | 53.19 Bn | 735.04 Mn |
| 4 | Rockwell Automation | 46.83 Bn | 46.35 Bn | 1.14 Bn |
| 5 | Mettler Toledo International | 25.77 Bn | 25.72 Bn | 650.22 Mn |
| 6 | Dover | 25.23 Bn | 23.47 Bn | 880.61 Mn |
| 7 | Nordson | 17.11 Bn | 17.00 Bn | 453.73 Mn |
| 8 | Fortive | 16.56 Bn | 16.19 Bn | 695.30 Mn |
| 9 | RBC Bearings | 15.05 Bn | 14.92 Bn | 247.80 Mn |
| 10 | Regal Rexnord | 10.42 Bn | 9.97 Bn | 611.60 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 1.44 Bn |