3M (MMM) Change in Taxes (2009 - 2025)
3M (MMM) posted Change in Taxes of $76 million for Q3 2025, up 280.0% from $20 million a year earlier.
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Analysis
3M (MMM) Change in Taxes (2009 - 2025) Analysis & Trends
For the trailing twelve months through Sep 30, 2025, Change in Taxes at 3M was -$245 million; for FY2024, it was -$272 million.
- In prior years, 3M's Change in Taxes was -$218 million in FY2023, -$47 million in FY2022, -$244 million in FY2021 and $132 million in FY2020 (-35.6%).
- The Q3 2025 figure stands as the highest quarterly Change in Taxes since Q4 2023.
- According to Business Quant data, Change in Taxes for the three prior quarters was -$198 million (Q2 2025), -$3 million (Q1 2025) and -$120 million (Q4 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 388.70 Bn | 360.40 Bn | 7.76 Bn | - |
| 2 | Amphenol | 214.42 Bn | 209.12 Bn | 3.55 Bn | - |
| 3 | Deere | 185.30 Bn | 194.07 Bn | 4.66 Bn | -114.00 Mn |
| 4 | Eaton | 169.35 Bn | 166.59 Bn | 2.86 Bn | - |
| 5 | Parker-Hannifin | 122.64 Bn | 120.77 Bn | 2.25 Bn | - |
| 6 | Vertiv Holdings | 97.12 Bn | 87.74 Bn | 1.23 Bn | -13.50 Mn |
| 7 | Emerson Electric | 90.13 Bn | 82.89 Bn | 2.66 Bn | - |
| 8 | 3M | 83.49 Bn | 64.94 Bn | 2.68 Bn | - |
| 9 | Illinois Tool Works | 74.89 Bn | 71.45 Bn | 1.90 Bn | -106.00 Mn |
| 10 | Cummins | 72.76 Bn | 69.90 Bn | 2.47 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 76.00 Mn |
| Jun 30, 2025 | -198.00 Mn |
| Mar 31, 2025 | -3.00 Mn |
| Dec 31, 2024 | -120.00 Mn |
| Sep 30, 2024 | 20.00 Mn |
| Jun 30, 2024 | -151.00 Mn |
| Mar 31, 2024 | -21.00 Mn |
| Dec 31, 2023 | 151.00 Mn |
| Sep 30, 2023 | 40.00 Mn |
| Jun 30, 2023 | -372.00 Mn |
| Mar 31, 2023 | -37.00 Mn |
| Dec 31, 2022 | -36.00 Mn |
| Sep 30, 2022 | -2.00 Mn |
| Jun 30, 2022 | -188.00 Mn |
| Mar 31, 2022 | 179.00 Mn |
| Dec 31, 2021 | -203.00 Mn |
| Sep 30, 2021 | 100.00 Mn |
| Jun 30, 2021 | -183.00 Mn |
| Mar 31, 2021 | 42.00 Mn |
| Dec 31, 2020 | -14.00 Mn |
API Access
3M Change in Taxes 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=change-in-taxes&ticker=MMM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-taxes", "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=change-in-taxes&ticker=MMM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();