3M (MMM) Change in Taxes (2009 - 2025)
3M's (MMM) quarterly Change in Taxes came in at $76.0 million in Q3 2025, up 280.0% year-over-year from $20.0 million in Q3 2024, and up 138.38% quarter-over-quarter from -$198.0 million in Q2 2025.
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3M (MMM) Change in Taxes (2009 - 2025) Analysis & Trends
3M has disclosed Change in Taxes across 17 years of filings, most recently posting $76.0 million for Q3 2025.
- In Q3 2025, Change in Taxes rose 280.0% year-over-year to $76.0 million; the TTM figure through Sep 2025 stood at -$245.0 million (down 24400.0% YoY), while the FY2024 annual figure was -$272.0 million, down 24.77% from the prior year.
- Change in Taxes came in at $76.0 million for Q3 2025 at 3M, up from -$198.0 million in the prior quarter.
- In the past five years, Change in Taxes ranged from a high of $179.0 million in Q1 2022 to a low of -$372.0 million in Q2 2023.
- Average Change in Taxes over 5 years is -$47.7 million, with a median of -$21.0 million recorded in 2024.
- Year-over-year, Change in Taxes slumped 1350.0% in 2021 and jumped 2100.0% in 2023.
- Over 5 years, Change in Taxes stood at -$203.0 million in 2021, then surged by 82.27% to -$36.0 million in 2022, then soared by 519.44% to $151.0 million in 2023, then sank by 179.47% to -$120.0 million in 2024, then jumped by 163.33% to $76.0 million in 2025.
- Per Business Quant data, the three most recent Change in Taxes figures were $76.0 million in Q3 2025, -$198.0 million in Q2 2025, and -$3.0 million in Q1 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 85.29 Bn | 81.96 Bn | 2.68 Bn | - |
| 2 | Illinois Tool Works | 76.79 Bn | 75.95 Bn | 1.90 Bn | -106.00 Mn |
| 3 | Ametek | 55.45 Bn | 54.96 Bn | 735.04 Mn | - |
| 4 | Rockwell Automation | 47.61 Bn | 47.13 Bn | 1.14 Bn | -10.00 Mn |
| 5 | Mettler Toledo International | 26.01 Bn | 25.96 Bn | 650.22 Mn | 27.51 Mn |
| 6 | Dover | 25.47 Bn | 23.71 Bn | 880.61 Mn | -37.94 Mn |
| 7 | Nordson | 17.53 Bn | 17.42 Bn | 453.73 Mn | - |
| 8 | Fortive | 16.65 Bn | 16.27 Bn | 695.30 Mn | - |
| 9 | RBC Bearings | 15.63 Bn | 15.50 Bn | 247.80 Mn | - |
| 10 | Regal Rexnord | 10.79 Bn | 10.35 Bn | 611.60 Mn | - |
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 |