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
DateValue
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