3M (MMM) Long-Term Deferred Tax (2009 - 2020)
3M's (MMM) quarterly Long-Term Deferred Tax came in at $871.0 million in Q4 2020, up 67.18% year-over-year from $521.0 million in Q1 2020, and up 67.18% quarter-over-quarter from $521.0 million in Q4 2019.
Analysis
3M (MMM) Long-Term Deferred Tax (2009 - 2020) Analysis & Trends
3M has disclosed Long-Term Deferred Tax across 12 years of filings, most recently posting $871.0 million for Q4 2020.
- In Q4 2020, Long-Term Deferred Tax rose 67.18% year-over-year to $871.0 million; the TTM figure through Dec 2020 stood at $871.0 million (up 67.18% YoY), while the FY2020 annual figure was $871.0 million, up 67.18% from the prior year.
- Long-Term Deferred Tax came in at $871.0 million for Q4 2020 at 3M, up 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.
- Average Long-Term Deferred Tax over 5 years is $538.0 million, with a median of $511.0 million recorded in 2017.
- Year-over-year, Long-Term Deferred Tax plunged 37.48% in 2016 and surged 67.18% in 2020.
- Over 5 years, Long-Term Deferred Tax stood at $422.0 million in 2016, then climbed by 21.09% to $511.0 million in 2017, then declined by 28.57% to $365.0 million in 2018, then jumped by 42.74% to $521.0 million in 2019, then surged by 67.18% to $871.0 million in 2020.
- Per Business Quant data, the three most recent Long-Term Deferred Tax figures were $871.0 million in Q4 2020, $521.0 million in Q4 2019, and $365.0 million in Q4 2018.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | 3M | 84.63 Bn | 81.30 Bn | 2.68 Bn |
| 2 | Illinois Tool Works | 75.96 Bn | 75.12 Bn | 1.90 Bn |
| 3 | Ametek | 53.68 Bn | 53.19 Bn | 735.04 Mn |
| 4 | Rockwell Automation | 46.83 Bn | 46.35 Bn | 1.14 Bn |
| 5 | Mettler Toledo International | 25.77 Bn | 25.72 Bn | 650.22 Mn |
| 6 | Dover | 25.23 Bn | 23.47 Bn | 880.61 Mn |
| 7 | Nordson | 17.11 Bn | 17.00 Bn | 453.73 Mn |
| 8 | Fortive | 16.56 Bn | 16.19 Bn | 695.30 Mn |
| 9 | RBC Bearings | 15.05 Bn | 14.92 Bn | 247.80 Mn |
| 10 | Regal Rexnord | 10.42 Bn | 9.97 Bn | 611.60 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |