3M MMM
NYSE MMM
$164.42 -3.10 (-1.85%)
As of: Sep 9, 2026 · 3:59 PM EDT

3M (MMM) Current Taxes (2009 - 2025)

3M's (MMM) quarterly Current Taxes came in at $324.0 million in Q3 2025, down 31.5% year-over-year from $473.0 million in Q3 2024, and up 2.86% quarter-over-quarter from $315.0 million in Q2 2025.

Analysis

3M (MMM) Current Taxes (2009 - 2025) Analysis & Trends

3M has disclosed Current Taxes across 17 years of filings, most recently posting $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.
  • Average Current Taxes over 5 years is $297.3 million, with a median of $277.0 million recorded in 2021.
  • Year-over-year, Current Taxes plunged 33.42% in 2021 and soared 136.63% in 2024.
  • Over 5 years, Current Taxes stood at $260.0 million in 2021, then fell by 0.38% to $259.0 million in 2022, then climbed by 17.37% to $304.0 million in 2023, then rose by 8.88% to $331.0 million in 2024, then slipped by 2.11% to $324.0 million in 2025.
  • Per Business Quant data, the three most recent Current Taxes figures were $324.0 million in Q3 2025, $315.0 million in Q2 2025, and $359.0 million in Q1 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Taxes (Qtr)
1 3M 85.28 Bn 81.95 Bn 2.68 Bn -
2 Illinois Tool Works 75.67 Bn 74.83 Bn 1.90 Bn 123.00 Mn
3 Ametek 54.19 Bn 53.69 Bn 735.04 Mn 73.60 Mn
4 Rockwell Automation 47.43 Bn 46.95 Bn 1.14 Bn -
5 Mettler Toledo International 26.01 Bn 25.96 Bn 650.22 Mn 188.49 Mn
6 Dover 25.81 Bn 24.05 Bn 880.61 Mn 36.27 Mn
7 Nordson 17.47 Bn 17.36 Bn 453.73 Mn 44.47 Mn
8 Fortive 17.01 Bn 16.64 Bn 695.30 Mn -
9 RBC Bearings 15.36 Bn 15.24 Bn 247.80 Mn -
10 Regal Rexnord 10.69 Bn 10.25 Bn 611.60 Mn -
Historic Data

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