3M (MMM) Change in Taxes (2009 - 2025)
3M (MMM) reported Change in Taxes of $76.0 million for Q3 2025, up 280.0% on a YoY basis from $20.0 million in Q3 2024, and up 138.38% sequentially from -$198.0 million in Q2 2025.
3M (MMM) Change in Taxes (2009 - 2025) Analysis & Trends
3M (MMM) has 17 years of Change in Taxes data on file, last reported at $76.0 million in Q3 2025.
- For the quarter ending Q3 2025, Change in Taxes rose 280.0% year-over-year to $76.0 million; the trailing twelve-month figure through Sep 2025 stood at -$245.0 million (down 24400.0% YoY), and the FY2024 full-year result was -$272.0 million, down 24.77% from the prior year.
- Change in Taxes climbed to $76.0 million in Q3 2025, 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.
- A 5-year average of -$47.7 million and a median of -$21.0 million in 2024 frame the typical range for Change in Taxes.
- Across the five-year window, Change in Taxes sank 1350.0% in 2021 and soared 2100.0% in 2023, its largest moves.
- Tracing MMM's Change in Taxes over 5 years: stood at -$203.0 million in 2021, then jumped by 82.27% to -$36.0 million in 2022, then surged by 519.44% to $151.0 million in 2023, then plunged by 179.47% to -$120.0 million in 2024, then soared by 163.33% to $76.0 million in 2025.
- Business Quant data shows MMM's Change in Taxes at $76.0 million in Q3 2025, -$198.0 million in Q2 2025, and -$3.0 million in Q1 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 88.13 Bn | 84.85 Bn | 2.68 Bn | - |
| 2 | Honeywell International | 78.15 Bn | 66.84 Bn | 3.65 Bn | -223.00 Mn |
| 3 | Valmont Industries | 9.52 Bn | 9.36 Bn | 316.88 Mn | 15.06 Mn |
| 4 | Brookfield Business | 6.56 Bn | 5.50 Bn | 1.31 Bn | - |
| 5 | Seaboard | 4.44 Bn | 3.30 Bn | 217.00 Mn | - |
| 6 | Otter Tail | 3.87 Bn | 3.47 Bn | 239.49 Mn | - |
| 7 | Tetra Technologies | 1.18 Bn | 1.14 Bn | 38.23 Mn | - |
| 8 | Deluxe | 1.16 Bn | 1.13 Bn | 279.40 Mn | - |
| 9 | Matthews International | 843.71 Mn | 807.63 Mn | 101.98 Mn | 20,000.00 |
| 10 | Compass Diversified Holdings | 745.59 Mn | 813.24 Mn | 189.36 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 76.00 Mn |
| Sep 30, 2025 | 76.00 Mn |
| Jun 30, 2025 | -198.00 Mn |
| Jun 30, 2025 | -198.00 Mn |
| Mar 31, 2025 | -3.00 Mn |
| Mar 31, 2025 | -3.00 Mn |
| Dec 31, 2024 | -120.00 Mn |
| Dec 31, 2024 | -120.00 Mn |
| Sep 30, 2024 | 20.00 Mn |
| Sep 30, 2024 | 20.00 Mn |
| Jun 30, 2024 | -151.00 Mn |
| Jun 30, 2024 | -151.00 Mn |
| Mar 31, 2024 | -21.00 Mn |
| Mar 31, 2024 | -21.00 Mn |
| Dec 31, 2023 | 151.00 Mn |
| Dec 31, 2023 | 151.00 Mn |
| Sep 30, 2023 | 40.00 Mn |
| Sep 30, 2023 | 40.00 Mn |
| Jun 30, 2023 | -372.00 Mn |
| Jun 30, 2023 | -372.00 Mn |