3M (MMM) Change in Taxes (2009 - 2025)
3M recorded quarterly Change in Taxes of $76.0 million in Q3 2025, up 138.38% quarter-over-quarter from -$198.0 million in Q2 2025, and up 280.0% year-over-year from $20.0 million in Q3 2024.
3M's Change in Taxes history runs 17 years deep, the most recent figure standing at $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.
- 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 slumped 1350.0% in 2021 and jumped 2100.0% in 2023, its largest moves.
- 3M's Change in Taxes stood at -$203.0 million in 2021, then soared by 82.27% to -$36.0 million in 2022, then jumped by 519.44% to $151.0 million in 2023, then slumped by 179.47% to -$120.0 million in 2024, then surged by 163.33% to $76.0 million in 2025.
- According to Business Quant data, Change in Taxes over the past three periods registered $76.0 million, -$198.0 million, and -$3.0 million for Q3 2025, Q2 2025, and Q1 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Honeywell International | 149.73 Bn | 138.42 Bn | 3.54 Bn | -205.00 Mn |
| 2 | 3M | 79.89 Bn | 75.79 Bn | 2.46 Bn | - |
| 3 | Valmont Industries | 10.28 Bn | 10.12 Bn | 316.88 Mn | 15.06 Mn |
| 4 | Seaboard | 5.00 Bn | 3.86 Bn | 217.00 Mn | - |
| 5 | Otter Tail | 3.50 Bn | 3.10 Bn | 239.49 Mn | -40,000.00 |
| 6 | Tetra Technologies | 1.39 Bn | 1.39 Bn | 38.23 Mn | - |
| 7 | Deluxe | 1.11 Bn | 1.08 Bn | 279.40 Mn | - |
| 8 | Matthews International | 838.50 Mn | 802.41 Mn | 101.98 Mn | 20,000.00 |
| 9 | Compass Diversified Holdings | 825.34 Mn | 892.99 Mn | 189.36 Mn | - |
| 10 | Falcon's Beyond Global | 575.98 Mn | 586.01 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 |
| Mar 31, 2023 | -37.00 Mn |
| Mar 31, 2023 | -37.00 Mn |
| Dec 31, 2022 | -36.00 Mn |
| Dec 31, 2022 | -36.00 Mn |
| Sep 30, 2022 | -2.00 Mn |
| Sep 30, 2022 | -2.00 Mn |
| Jun 30, 2022 | -188.00 Mn |
| Jun 30, 2022 | -188.00 Mn |
| Mar 31, 2022 | 179.00 Mn |
| Mar 31, 2022 | 179.00 Mn |
| Dec 31, 2021 | -203.00 Mn |
| Dec 31, 2021 | -203.00 Mn |
| Sep 30, 2021 | 100.00 Mn |
| Sep 30, 2021 | 100.00 Mn |
| Jun 30, 2021 | -183.00 Mn |
| Jun 30, 2021 | -183.00 Mn |
| Mar 31, 2021 | 42.00 Mn |
| Mar 31, 2021 | 42.00 Mn |
| Dec 31, 2020 | -14.00 Mn |
| Dec 31, 2020 | -14.00 Mn |
| Sep 30, 2020 | -127.00 Mn |
| Sep 30, 2020 | -127.00 Mn |
| Jun 30, 2020 | 205.00 Mn |
| Jun 30, 2020 | 205.00 Mn |
| Mar 31, 2020 | 68.00 Mn |
| Mar 31, 2020 | 68.00 Mn |
| Dec 31, 2019 | 258.00 Mn |
| Dec 31, 2019 | 258.00 Mn |
| Sep 30, 2019 | 110.00 Mn |
| Sep 30, 2019 | 110.00 Mn |
| Dec 31, 2018 | 12.00 Mn |
| Dec 31, 2018 | 12.00 Mn |
| Sep 30, 2018 | -112.00 Mn |
| Sep 30, 2018 | -112.00 Mn |
| Jun 30, 2018 | 22.00 Mn |
| Jun 30, 2018 | 22.00 Mn |
| Mar 31, 2018 | 212.00 Mn |
| Mar 31, 2018 | 212.00 Mn |
| Dec 31, 2017 | 718.00 Mn |
| Dec 31, 2017 | 718.00 Mn |
| Sep 30, 2017 | -8.00 Mn |
| Sep 30, 2017 | -8.00 Mn |
| Jun 30, 2017 | 32.00 Mn |
| Jun 30, 2017 | 32.00 Mn |
| Mar 31, 2017 | 225.00 Mn |
| Mar 31, 2017 | 225.00 Mn |
| Dec 31, 2016 | -54.00 Mn |
| Dec 31, 2016 | -54.00 Mn |
| Sep 30, 2016 | 257.00 Mn |
| Sep 30, 2016 | 257.00 Mn |
| Jun 30, 2016 | -436.00 Mn |
| Jun 30, 2016 | -436.00 Mn |
| Mar 31, 2016 | 334.00 Mn |
| Mar 31, 2016 | 334.00 Mn |
| Dec 31, 2015 | -156.00 Mn |
| Dec 31, 2015 | -156.00 Mn |
| Sep 30, 2015 | -167.00 Mn |
| Sep 30, 2015 | -167.00 Mn |
| Jun 30, 2015 | -521.00 Mn |
| Jun 30, 2015 | -521.00 Mn |
| Mar 31, 2015 | 100.00 Mn |
| Mar 31, 2015 | 100.00 Mn |
| Dec 31, 2014 | 170.00 Mn |
| Dec 31, 2014 | 170.00 Mn |
| Sep 30, 2014 | 20.00 Mn |
| Sep 30, 2014 | 20.00 Mn |
| Jun 30, 2014 | -119.00 Mn |
| Jun 30, 2014 | -119.00 Mn |
| Mar 31, 2014 | 135.00 Mn |
| Mar 31, 2014 | 135.00 Mn |
| Dec 31, 2013 | 181.00 Mn |
| Dec 31, 2013 | 181.00 Mn |
| Sep 30, 2013 | -141.00 Mn |
| Sep 30, 2013 | -141.00 Mn |
| Jun 30, 2013 | 67.00 Mn |
| Jun 30, 2013 | 67.00 Mn |
| Mar 31, 2013 | 99.00 Mn |
| Mar 31, 2013 | 99.00 Mn |
| Dec 31, 2012 | 138.00 Mn |
| Dec 31, 2012 | 138.00 Mn |
| Sep 30, 2012 | -274.00 Mn |
| Sep 30, 2012 | -274.00 Mn |
| Jun 30, 2012 | 5.00 Mn |
| Jun 30, 2012 | 5.00 Mn |
| Mar 31, 2012 | 221.00 Mn |
| Mar 31, 2012 | 221.00 Mn |
| Dec 31, 2011 | -257.00 Mn |
| Dec 31, 2011 | -257.00 Mn |
| Sep 30, 2011 | 84.00 Mn |
| Sep 30, 2011 | 84.00 Mn |
| Jun 30, 2011 | -9.00 Mn |
| Jun 30, 2011 | -9.00 Mn |
| Mar 31, 2011 | 137.00 Mn |
| Mar 31, 2011 | 137.00 Mn |
| Dec 31, 2010 | 95.00 Mn |
| Dec 31, 2010 | 95.00 Mn |
| Sep 30, 2010 | 52.00 Mn |
| Sep 30, 2010 | 52.00 Mn |
| Jun 30, 2010 | -209.00 Mn |
| Jun 30, 2010 | -209.00 Mn |
| Mar 31, 2010 | 317.00 Mn |
| Mar 31, 2010 | 317.00 Mn |
| Dec 31, 2009 | -352.00 Mn |
| Dec 31, 2009 | -352.00 Mn |
| Sep 30, 2009 | 6.00 Mn |
| Sep 30, 2009 | 6.00 Mn |
| Jun 30, 2009 | 110.00 Mn |
| Jun 30, 2009 | 110.00 Mn |
| Mar 31, 2009 | 89.00 Mn |
| Mar 31, 2009 | 89.00 Mn |