3M (MMM) Current Taxes (2009 - 2025)
3M (MMM) posted Current Taxes of $324.0 million for Q3 2025, up 2.86% sequentially from $315.0 million in Q2 2025, and down 31.5% YoY from $473.0 million in Q3 2024.
3M (MMM) Current Taxes (2009 - 2025) Analysis & Trends
3M has reported Current Taxes for 17 years, with the latest figure at $324.0 million in Q3 2025.
- Quarterly Current Taxes fell 31.5% year-over-year to $324.0 million in Q3 2025, while the trailing twelve-month figure through Sep 2025 was $324.0 million (down 31.5% YoY) and the FY2024 annual result came in at $331.0 million, up 8.88% from the prior year.
- Current Taxes climbed to $324.0 million in Q3 2025 per MMM's latest filing, from $315.0 million in the prior quarter.
- Over five years, Current Taxes peaked at $473.0 million in Q3 2024 and troughed at $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.
- The sharpest annual moves came in 2021 and 2024: Current Taxes sank 33.42% in 2021, then jumped 136.63% in 2024.
- Over 5 years, Current Taxes stood at $260.0 million in 2021, then decreased by 0.38% to $259.0 million in 2022, then increased by 17.37% to $304.0 million in 2023, then advanced by 8.88% to $331.0 million in 2024, then declined 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 | 3M | 92.62 Bn | 89.29 Bn | 2.68 Bn | - |
| 2 | Honeywell International | 69.21 Bn | 60.02 Bn | 3.65 Bn | - |
| 3 | Valmont Industries | 9.35 Bn | 9.21 Bn | 340.82 Mn | 21.70 Mn |
| 4 | Brookfield Business | 5.78 Bn | 1.02 Bn | 1.27 Bn | - |
| 5 | Pampa Energy | 4.32 Bn | 4.32 Bn | 372,128.00 | 238.00 Mn |
| 6 | Seaboard | 4.18 Bn | 2.97 Bn | 221.00 Mn | - |
| 7 | Otter Tail | 3.86 Bn | 3.51 Bn | 216.33 Mn | - |
| 8 | Deluxe | 1.09 Bn | 1.06 Bn | 259.60 Mn | - |
| 9 | Tetra Technologies | 1.01 Bn | 860.10 Mn | 45.71 Mn | 14.63 Mn |
| 10 | Compass Diversified Holdings | 754.93 Mn | 694.18 Mn | 189.36 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 |