3M (MMM) Deferred Taxes (2009 - 2026)
3M recorded quarterly Deferred Taxes of $75.0 million in Q1 2026, down 37.5% quarter-over-quarter from $120.0 million in Q4 2025, and down 50.0% year-over-year from $150.0 million in Q1 2025.
3M's Deferred Taxes history runs 18 years deep, the most recent figure standing at $75.0 million for Q1 2026.
- In Q1 2026, Deferred Taxes fell 50.0% year-over-year to $75.0 million; the TTM figure through Mar 2026 stood at $343.0 million (up 4.89% YoY), while the FY2025 annual figure was $418.0 million, up 30.22% from the prior year.
- Deferred Taxes came in at $75.0 million for Q1 2026 at 3M, down from $120.0 million in the prior quarter.
- In the past five years, Deferred Taxes ranged from a high of $178.0 million in Q3 2024 to a low of -$2.5 billion in Q2 2023.
- A 5-year average of -$217.9 million and a median of -$29.0 million in 2024 frame the typical range for Deferred Taxes.
- Across the five-year window, Deferred Taxes sank 1993.18% in 2023 and surged 331.03% in 2025, its largest moves.
- 3M's Deferred Taxes stood at -$168.0 million in 2022, then tumbled by 130.36% to -$387.0 million in 2023, then soared by 107.24% to $28.0 million in 2024, then surged by 328.57% to $120.0 million in 2025, then tumbled by 37.5% to $75.0 million in 2026.
- According to Business Quant data, Deferred Taxes over the past three periods registered $75.0 million, $120.0 million, and $81.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Honeywell International | 149.73 Bn | 138.42 Bn | 3.54 Bn | -117.00 Mn |
| 2 | 3M | 79.89 Bn | 75.79 Bn | 2.46 Bn | 75.00 Mn |
| 3 | Valmont Industries | 10.28 Bn | 10.12 Bn | 316.88 Mn | 15.67 Mn |
| 4 | Seaboard | 5.00 Bn | 3.86 Bn | 217.00 Mn | 3.00 Mn |
| 5 | Otter Tail | 3.50 Bn | 3.10 Bn | 239.49 Mn | 977,000.00 |
| 6 | Tetra Technologies | 1.39 Bn | 1.39 Bn | 38.23 Mn | 1.10 Mn |
| 7 | Deluxe | 1.11 Bn | 1.08 Bn | 279.40 Mn | 17.60 Mn |
| 8 | Matthews International | 838.50 Mn | 802.41 Mn | 101.98 Mn | - |
| 9 | Compass Diversified Holdings | 825.34 Mn | 892.99 Mn | 189.36 Mn | -3.54 Mn |
| 10 | Falcon's Beyond Global | 575.98 Mn | 586.01 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 75.00 Mn |
| Dec 31, 2025 | 120.00 Mn |
| Sep 30, 2025 | 81.00 Mn |
| Jun 30, 2025 | 67.00 Mn |
| Mar 31, 2025 | 150.00 Mn |
| Dec 31, 2024 | 28.00 Mn |
| Sep 30, 2024 | 178.00 Mn |
| Jun 30, 2024 | -29.00 Mn |
| Mar 31, 2024 | 144.00 Mn |
| Dec 31, 2023 | -387.00 Mn |
| Sep 30, 2023 | -921.00 Mn |
| Jun 30, 2023 | -2.45 Bn |
| Mar 31, 2023 | -93.00 Mn |
| Dec 31, 2022 | -168.00 Mn |
| Sep 30, 2022 | -44.00 Mn |
| Jun 30, 2022 | -402.00 Mn |
| Mar 31, 2022 | -49.00 Mn |
| Dec 31, 2021 | -11.00 Mn |
| Sep 30, 2021 | -246.00 Mn |
| Jun 30, 2021 | 75.00 Mn |
| Mar 31, 2021 | 16.00 Mn |
| Dec 31, 2020 | -108.00 Mn |
| Sep 30, 2020 | -98.00 Mn |
| Jun 30, 2020 | 12.00 Mn |
| Mar 31, 2020 | 29.00 Mn |
| Dec 31, 2019 | -185.00 Mn |
| Sep 30, 2019 | -14.00 Mn |
| Jun 30, 2019 | -18.00 Mn |
| Mar 31, 2019 | -56.00 Mn |
| Dec 31, 2018 | 16.00 Mn |
| Sep 30, 2018 | -72.00 Mn |
| Jun 30, 2018 | 102.00 Mn |
| Mar 31, 2018 | -103.00 Mn |
| Dec 31, 2017 | 212.00 Mn |
| Sep 30, 2017 | 15.00 Mn |
| Jun 30, 2017 | -36.00 Mn |
| Mar 31, 2017 | -84.00 Mn |
| Dec 31, 2016 | 107.00 Mn |
| Sep 30, 2016 | 34.00 Mn |
| Jun 30, 2016 | -96.00 Mn |
| Mar 31, 2016 | -38.00 Mn |
| Dec 31, 2015 | 2.00 Mn |
| Sep 30, 2015 | 98.00 Mn |
| Jun 30, 2015 | 251.00 Mn |
| Mar 31, 2015 | 44.00 Mn |
| Dec 31, 2014 | -85.00 Mn |
| Sep 30, 2014 | -25.00 Mn |
| Jun 30, 2014 | 47.00 Mn |
| Mar 31, 2014 | -83.00 Mn |
| Dec 31, 2013 | -113.00 Mn |
| Sep 30, 2013 | -91.00 Mn |
| Jun 30, 2013 | -24.00 Mn |
| Mar 31, 2013 | 61.00 Mn |
| Dec 31, 2012 | -56.00 Mn |
| Sep 30, 2012 | 3.00 Mn |
| Jun 30, 2012 | 42.00 Mn |
| Mar 31, 2012 | 44.00 Mn |
| Dec 31, 2011 | 214.00 Mn |
| Sep 30, 2011 | -42.00 Mn |
| Jun 30, 2011 | 2.00 Mn |
| Mar 31, 2011 | 3.00 Mn |
| Dec 31, 2010 | -190.00 Mn |
| Sep 30, 2010 | 2.00 Mn |
| Jun 30, 2010 | -8.00 Mn |
| Mar 31, 2010 | 26.00 Mn |
| Dec 31, 2009 | 507.00 Mn |
| Sep 30, 2009 | 209.00 Mn |
| Jun 30, 2009 | -61.00 Mn |
| Mar 31, 2009 | 46.00 Mn |