3M (MMM) Current Taxes (2009 - 2025)
3M (MMM) reported Current Taxes of $324.0 million for Q3 2025, down 31.5% on a YoY basis from $473.0 million in Q3 2024, and up 2.86% sequentially from $315.0 million in Q2 2025.
3M (MMM) Current Taxes (2009 - 2025) Analysis & Trends
3M (MMM) has 17 years of Current Taxes data on file, last reported at $324.0 million in Q3 2025.
- For the quarter ending Q3 2025, Current Taxes fell 31.5% year-over-year to $324.0 million; the trailing twelve-month figure through Sep 2025 stood at $324.0 million (down 31.5% YoY), and the FY2024 full-year result was $331.0 million, up 8.88% from the prior year.
- Current Taxes climbed to $324.0 million in Q3 2025, 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 tumbled 33.42% in 2021 and surged 136.63% in 2024, its largest moves.
- Tracing MMM's Current Taxes over 5 years: stood at $260.0 million in 2021, then declined by 0.38% to $259.0 million in 2022, then advanced by 17.37% to $304.0 million in 2023, then increased by 8.88% to $331.0 million in 2024, then decreased by 2.11% to $324.0 million in 2025.
- Business Quant data shows MMM's Current Taxes at $324.0 million in Q3 2025, $315.0 million in Q2 2025, and $359.0 million in Q1 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current 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 | - |
| 3 | Valmont Industries | 9.52 Bn | 9.36 Bn | 316.88 Mn | 13.28 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 | 11.91 Mn |
| 8 | Deluxe | 1.16 Bn | 1.13 Bn | 279.40 Mn | - |
| 9 | Matthews International | 843.71 Mn | 807.63 Mn | 101.98 Mn | 24.08 Mn |
| 10 | Compass Diversified Holdings | 745.59 Mn | 813.24 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 |