3M (MMM) Current Taxes (2009 - 2025)
3M recorded quarterly Current Taxes of $324.0 million in Q3 2025, up 2.86% quarter-over-quarter from $315.0 million in Q2 2025, and down 31.5% year-over-year from $473.0 million in Q3 2024.
3M's Current Taxes history runs 17 years deep, the most recent figure standing at $324.0 million for Q3 2025.
- In Q3 2025, Current Taxes fell 31.5% year-over-year to $324.0 million; the TTM figure through Sep 2025 stood at $324.0 million (down 31.5% YoY), while the FY2024 annual figure was $331.0 million, up 8.88% from the prior year.
- Current Taxes came in at $324.0 million for Q3 2025 at 3M, up from $315.0 million in the prior quarter.
- In the past five years, Current Taxes ranged from a high of $473.0 million in Q3 2024 to a low of $172.0 million in Q2 2023.
- A 5-year average of $297.3 million and a median of $277.0 million in 2021 frame the typical range for Current Taxes.
- Across the five-year window, Current Taxes plunged 33.42% in 2021 and soared 136.63% in 2024, its largest moves.
- 3M's Current Taxes stood at $260.0 million in 2021, then retreated by 0.38% to $259.0 million in 2022, then grew by 17.37% to $304.0 million in 2023, then gained by 8.88% to $331.0 million in 2024, then dropped by 2.11% to $324.0 million in 2025.
- According to Business Quant data, Current Taxes over the past three periods registered $324.0 million, $315.0 million, and $359.0 million for Q3 2025, Q2 2025, and Q1 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Honeywell International | 149.73 Bn | 138.42 Bn | 3.54 Bn | - |
| 2 | 3M | 79.89 Bn | 75.79 Bn | 2.46 Bn | - |
| 3 | Valmont Industries | 10.28 Bn | 10.12 Bn | 316.88 Mn | 13.28 Mn |
| 4 | Seaboard | 5.00 Bn | 3.86 Bn | 217.00 Mn | - |
| 5 | Otter Tail | 3.50 Bn | 3.10 Bn | 239.49 Mn | - |
| 6 | Tetra Technologies | 1.39 Bn | 1.39 Bn | 38.23 Mn | 11.91 Mn |
| 7 | Deluxe | 1.11 Bn | 1.08 Bn | 279.40 Mn | - |
| 8 | Matthews International | 838.50 Mn | 802.41 Mn | 101.98 Mn | 24.08 Mn |
| 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 | 324.00 Mn |
| Jun 30, 2025 | 315.00 Mn |
| Mar 31, 2025 | 359.00 Mn |
| Dec 31, 2024 | 331.00 Mn |
| Sep 30, 2024 | 473.00 Mn |
| Jun 30, 2024 | 407.00 Mn |
| Mar 31, 2024 | 383.00 Mn |
| Dec 31, 2023 | 304.00 Mn |
| Sep 30, 2023 | 220.00 Mn |
| Jun 30, 2023 | 172.00 Mn |
| Mar 31, 2023 | 268.00 Mn |
| Dec 31, 2022 | 259.00 Mn |
| Sep 30, 2022 | 270.00 Mn |
| Jun 30, 2022 | 228.00 Mn |
| Mar 31, 2022 | 274.00 Mn |
| Dec 31, 2021 | 260.00 Mn |
| Sep 30, 2021 | 278.00 Mn |
| Jun 30, 2021 | 247.00 Mn |
| Mar 31, 2021 | 277.00 Mn |
| Dec 31, 2020 | 300.00 Mn |
| Sep 30, 2020 | 220.00 Mn |
| Jun 30, 2020 | 371.00 Mn |
| Mar 31, 2020 | 136.00 Mn |
| Dec 31, 2019 | 194.00 Mn |
| Sep 30, 2019 | 137.00 Mn |
| Jun 30, 2019 | 223.00 Mn |
| Mar 31, 2019 | 183.00 Mn |
| Dec 31, 2018 | 243.00 Mn |
| Sep 30, 2018 | 186.00 Mn |
| Jun 30, 2018 | 293.00 Mn |
| Mar 31, 2018 | 282.00 Mn |
| Dec 31, 2017 | 310.00 Mn |
| Sep 30, 2017 | 374.00 Mn |
| Jun 30, 2017 | 432.00 Mn |
| Mar 31, 2017 | 433.00 Mn |
| Dec 31, 2016 | 299.00 Mn |
| Sep 30, 2016 | 364.00 Mn |
| Jun 30, 2016 | 169.00 Mn |
| Mar 31, 2016 | 590.00 Mn |
| Dec 31, 2015 | 332.00 Mn |
| Sep 30, 2015 | 105.00 Mn |
| Jun 30, 2015 | 327.00 Mn |
| Mar 31, 2015 | 464.00 Mn |
| Dec 31, 2014 | 435.00 Mn |
| Sep 30, 2014 | 382.00 Mn |
| Jun 30, 2014 | 478.00 Mn |
| Mar 31, 2014 | 481.00 Mn |
| Dec 31, 2013 | 417.00 Mn |
| Sep 30, 2013 | 373.00 Mn |
| Jun 30, 2013 | 460.00 Mn |
| Mar 31, 2013 | 392.00 Mn |
| Dec 31, 2012 | 371.00 Mn |
| Sep 30, 2012 | 301.00 Mn |
| Jun 30, 2012 | 440.00 Mn |
| Mar 31, 2012 | 423.00 Mn |
| Dec 31, 2011 | 355.00 Mn |
| Sep 30, 2011 | 421.00 Mn |
| Jun 30, 2011 | 365.00 Mn |
| Mar 31, 2011 | 393.00 Mn |
| Dec 31, 2010 | 358.00 Mn |
| Sep 30, 2010 | 316.00 Mn |
| Jun 30, 2010 | 386.00 Mn |
| Mar 31, 2010 | 550.00 Mn |
| Dec 31, 2009 | 252.00 Mn |
| Sep 30, 2009 | 540.00 Mn |
| Jun 30, 2009 | 501.00 Mn |