3M (MMM) Long-Term Deferred Tax (2009 - 2020)

3M (MMM) reported Long-Term Deferred Tax of $871.0 million for Q4 2020, up 67.18% on a YoY basis from $521.0 million in Q1 2020, and up 67.18% sequentially from $521.0 million in Q4 2019.

3M (MMM) Long-Term Deferred Tax (2009 - 2020) Analysis & Trends

3M (MMM) has 12 years of Long-Term Deferred Tax data on file, last reported at $871.0 million in Q4 2020.

  • For the quarter ending Q4 2020, Long-Term Deferred Tax rose 67.18% year-over-year to $871.0 million; the trailing twelve-month figure through Dec 2020 stood at $871.0 million (up 67.18% YoY), and the FY2020 full-year result was $871.0 million, up 67.18% from the prior year.
  • Long-Term Deferred Tax grew to $871.0 million in Q4 2020, from $521.0 million in the prior quarter.
  • In the past five years, Long-Term Deferred Tax ranged from a high of $871.0 million in Q4 2020 to a low of $365.0 million in Q4 2018.
  • A 5-year average of $538.0 million and a median of $511.0 million in 2017 frame the typical range for Long-Term Deferred Tax.
  • Across the five-year window, Long-Term Deferred Tax tumbled 37.48% in 2016 and jumped 67.18% in 2020, its largest moves.
  • Tracing MMM's Long-Term Deferred Tax over 5 years: stood at $422.0 million in 2016, then advanced by 21.09% to $511.0 million in 2017, then dropped by 28.57% to $365.0 million in 2018, then soared by 42.74% to $521.0 million in 2019, then jumped by 67.18% to $871.0 million in 2020.
  • Business Quant data shows MMM's Long-Term Deferred Tax at $871.0 million in Q4 2020, $521.0 million in Q4 2019, and $365.0 million in Q4 2018.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (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
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
8 Deluxe 1.16 Bn 1.13 Bn 279.40 Mn
9 Matthews International 843.71 Mn 807.63 Mn 101.98 Mn
10 Compass Diversified Holdings 745.59 Mn 813.24 Mn 189.36 Mn

Historic Data

Download Data
DateValue
Dec 31, 2020 871.00 Mn
Dec 31, 2019 521.00 Mn
Dec 31, 2018 365.00 Mn
Dec 31, 2017 511.00 Mn
Dec 31, 2016 422.00 Mn
Dec 31, 2015 675.00 Mn
Dec 31, 2014 1.13 Bn
Dec 31, 2013 360.00 Mn
Dec 31, 2012 578.00 Mn
Dec 31, 2011 1.02 Bn
Dec 31, 2010 648.00 Mn
Dec 31, 2009 625.00 Mn