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| 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 |