3M (MMM) Long-Term Deferred Tax (2009 - 2020)
3M's Long-Term Deferred Tax was $871 million in Q4 2020, up 67.2% from $521 million a year earlier.
Analysis
3M (MMM) Long-Term Deferred Tax (2009 - 2020) Analysis & Trends
From Q4 2009 onward, 3M has reported Long-Term Deferred Tax for 12 quarters.
- Long-Term Deferred Tax shows a five-year compound annual growth rate of 5.2% (FY2015 to FY2020).
- In earlier years, Long-Term Deferred Tax was $521 million in FY2019 (+42.7%), $365 million in FY2018 (-28.6%), $511 million in FY2017 (+21.1%) and $422 million in FY2016 (-37.5%).
- The Q4 2020 figure marks the highest quarterly Long-Term Deferred Tax since Q4 2014.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 379.87 Bn | 351.57 Bn | 7.76 Bn |
| 2 | Amphenol | 211.41 Bn | 206.11 Bn | 3.55 Bn |
| 3 | Deere | 179.93 Bn | 188.69 Bn | 4.66 Bn |
| 4 | Eaton | 169.93 Bn | 167.16 Bn | 2.86 Bn |
| 5 | Parker-Hannifin | 121.78 Bn | 119.91 Bn | 2.25 Bn |
| 6 | Vertiv Holdings | 94.75 Bn | 85.37 Bn | 1.23 Bn |
| 7 | Emerson Electric | 88.42 Bn | 81.17 Bn | 2.66 Bn |
| 8 | 3M | 84.08 Bn | 65.54 Bn | 2.68 Bn |
| 9 | Illinois Tool Works | 74.29 Bn | 70.85 Bn | 1.90 Bn |
| 10 | Cummins | 71.19 Bn | 68.32 Bn | 2.47 Bn |
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 |
API Access
3M Long-Term Deferred Tax API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=long-term-deferred-tax&ticker=MMM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-deferred-tax", "ticker": "MMM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=long-term-deferred-tax&ticker=MMM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();