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 91.86 Bn 88.53 Bn 2.68 Bn -
2 Honeywell International 77.29 Bn 68.09 Bn 3.65 Bn -223.00 Mn
3 Valmont Industries 9.55 Bn 9.39 Bn 316.88 Mn 15.06 Mn
4 Brookfield Business 6.59 Bn -9.99 Bn 1.31 Bn -
5 Seaboard 4.41 Bn 3.25 Bn 217.00 Mn -
6 Otter Tail 3.84 Bn 3.43 Bn 239.49 Mn -
7 Deluxe 1.21 Bn 1.19 Bn 279.40 Mn -
8 Tetra Technologies 1.03 Bn 990.76 Mn 38.23 Mn -
9 Matthews International 888.25 Mn 852.16 Mn 101.98 Mn 20,000.00
10 Compass Diversified Holdings 747.85 Mn 687.10 Mn 189.36 Mn -

Historic Data

Download Data
DateValue
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