3M (MMM) Deferred Taxes (2009 - 2026)
3M (MMM) posted Deferred Taxes of $45.0 million for Q2 2026, down 40.0% sequentially from $75.0 million in Q1 2026, and down 32.84% YoY from $67.0 million in Q2 2025.
3M (MMM) Deferred Taxes (2009 - 2026) Analysis & Trends
3M has reported Deferred Taxes for 18 years, with the latest figure at $45.0 million in Q2 2026.
- Quarterly Deferred Taxes fell 32.84% year-over-year to $45.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $321.0 million (down 24.11% YoY) and the FY2025 annual result came in at $418.0 million, up 30.22% from the prior year.
- Deferred Taxes retreated to $45.0 million in Q2 2026 per MMM's latest filing, from $75.0 million in the prior quarter.
- Over five years, Deferred Taxes peaked at $178.0 million in Q3 2024 and troughed at -$2.5 billion in Q2 2023.
- A 5-year average of -$203.3 million and a median of -$500000.0 in 2024 frame the typical range for Deferred Taxes.
- The sharpest annual moves came in 2023 and 2025: Deferred Taxes slumped 1993.18% in 2023, then soared 331.03% in 2025.
- Over 5 years, Deferred Taxes stood at -$168.0 million in 2022, then plunged by 130.36% to -$387.0 million in 2023, then jumped by 107.24% to $28.0 million in 2024, then soared by 328.57% to $120.0 million in 2025, then slumped by 62.5% to $45.0 million in 2026.
- According to Business Quant data, Deferred Taxes over the past three periods registered $45.0 million, $75.0 million, and $120.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 92.62 Bn | 89.29 Bn | 2.68 Bn | 45.00 Mn |
| 2 | Honeywell International | 69.21 Bn | 60.02 Bn | 3.65 Bn | 1.08 Bn |
| 3 | Valmont Industries | 9.35 Bn | 9.21 Bn | 340.82 Mn | 5.60 Mn |
| 4 | Brookfield Business | 5.78 Bn | 1.02 Bn | 1.27 Bn | -170.00 Mn |
| 5 | Pampa Energy | 4.32 Bn | 4.32 Bn | 372,128.00 | - |
| 6 | Seaboard | 4.18 Bn | 2.97 Bn | 221.00 Mn | 25.00 Mn |
| 7 | Otter Tail | 3.86 Bn | 3.51 Bn | 216.33 Mn | -19.50 Mn |
| 8 | Deluxe | 1.09 Bn | 1.06 Bn | 259.60 Mn | 6.30 Mn |
| 9 | Tetra Technologies | 1.01 Bn | 860.10 Mn | 45.71 Mn | -9,000.00 |
| 10 | Compass Diversified Holdings | 754.93 Mn | 694.18 Mn | 189.36 Mn | -3.54 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 45.00 Mn |
| 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 |