3M (MMM) Tax Provisions (2009 - 2026)
3M recorded quarterly Tax Provisions of $221.0 million in Q1 2026, up 19.46% quarter-over-quarter from $185.0 million in Q4 2025, and down 16.6% year-over-year from $265.0 million in Q1 2025.
3M's Tax Provisions history runs 18 years deep, the most recent figure standing at $221.0 million for Q1 2026.
- In Q1 2026, Tax Provisions fell 16.6% year-over-year to $221.0 million; the TTM figure through Mar 2026 stood at $959.0 million (up 12.96% YoY), while the FY2025 annual figure was $1.0 billion, up 24.75% from the prior year.
- Tax Provisions came in at $221.0 million for Q1 2026 at 3M, up from $185.0 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $348.0 million in Q3 2024 to a low of -$2.3 billion in Q2 2023.
- A 5-year average of -$34.5 million and a median of $210.0 million in 2023 frame the typical range for Tax Provisions.
- Across the five-year window, Tax Provisions slumped 9730.43% in 2023 and surged 460.61% in 2025, its largest moves.
- 3M's Tax Provisions stood at -$362.0 million in 2022, then surged by 107.18% to $26.0 million in 2023, then increased by 26.92% to $33.0 million in 2024, then soared by 460.61% to $185.0 million in 2025, then rose by 19.46% to $221.0 million in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered $221.0 million, $185.0 million, and $308.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Honeywell International | 149.73 Bn | 138.42 Bn | 3.54 Bn | 91.00 Mn |
| 2 | 3M | 79.89 Bn | 75.79 Bn | 2.46 Bn | 221.00 Mn |
| 3 | Valmont Industries | 10.28 Bn | 10.12 Bn | 316.88 Mn | 21.45 Mn |
| 4 | Seaboard | 5.00 Bn | 3.86 Bn | 217.00 Mn | 23.00 Mn |
| 5 | Otter Tail | 3.50 Bn | 3.10 Bn | 239.49 Mn | 4.88 Mn |
| 6 | Tetra Technologies | 1.39 Bn | 1.39 Bn | 38.23 Mn | 3.27 Mn |
| 7 | Deluxe | 1.11 Bn | 1.08 Bn | 279.40 Mn | 10.80 Mn |
| 8 | Matthews International | 838.50 Mn | 802.41 Mn | 101.98 Mn | -6.22 Mn |
| 9 | Compass Diversified Holdings | 825.34 Mn | 892.99 Mn | 189.36 Mn | 7.06 Mn |
| 10 | Falcon's Beyond Global | 575.98 Mn | 586.01 Mn | - | -1,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 221.00 Mn |
| Dec 31, 2025 | 185.00 Mn |
| Sep 30, 2025 | 308.00 Mn |
| Jun 30, 2025 | 245.00 Mn |
| Mar 31, 2025 | 265.00 Mn |
| Dec 31, 2024 | 33.00 Mn |
| Sep 30, 2024 | 348.00 Mn |
| Jun 30, 2024 | 203.00 Mn |
| Mar 31, 2024 | 220.00 Mn |
| Dec 31, 2023 | 26.00 Mn |
| Sep 30, 2023 | -777.00 Mn |
| Jun 30, 2023 | -2.26 Bn |
| Mar 31, 2023 | 210.00 Mn |
| Dec 31, 2022 | -362.00 Mn |
| Sep 30, 2022 | 271.00 Mn |
| Jun 30, 2022 | -23.00 Mn |
| Mar 31, 2022 | 302.00 Mn |
| Dec 31, 2021 | 227.00 Mn |
| Sep 30, 2021 | 324.00 Mn |
| Jun 30, 2021 | 415.00 Mn |
| Mar 31, 2021 | 319.00 Mn |
| Dec 31, 2020 | 321.00 Mn |
| Sep 30, 2020 | 391.00 Mn |
| Jun 30, 2020 | 347.00 Mn |
| Mar 31, 2020 | 278.00 Mn |
| Dec 31, 2019 | 226.00 Mn |
| Sep 30, 2019 | 378.00 Mn |
| Jun 30, 2019 | 315.00 Mn |
| Mar 31, 2019 | 195.00 Mn |
| Dec 31, 2018 | 371.00 Mn |
| Sep 30, 2018 | 419.00 Mn |
| Jun 30, 2018 | 488.00 Mn |
| Mar 31, 2018 | 359.00 Mn |
| Dec 31, 2017 | -810.00 Mn |
| Sep 30, 2017 | 564.00 Mn |
| Jun 30, 2017 | 557.00 Mn |
| Mar 31, 2017 | 411.00 Mn |
| Dec 31, 2016 | -1.47 Bn |
| Sep 30, 2016 | 531.00 Mn |
| Jun 30, 2016 | 542.00 Mn |
| Mar 31, 2016 | 468.00 Mn |
| Dec 31, 2015 | -1.46 Bn |
| Sep 30, 2015 | 547.00 Mn |
| Jun 30, 2015 | 509.00 Mn |
| Mar 31, 2015 | 502.00 Mn |
| Dec 31, 2014 | -466.00 Mn |
| Sep 30, 2014 | 569.00 Mn |
| Jun 30, 2014 | 537.00 Mn |
| Mar 31, 2014 | 463.00 Mn |
| Dec 31, 2013 | 442.00 Mn |
| Sep 30, 2013 | 471.00 Mn |
| Jun 30, 2013 | 458.00 Mn |
| Mar 31, 2013 | 470.00 Mn |
| Dec 31, 2012 | -517.00 Mn |
| Sep 30, 2012 | 464.00 Mn |
| Jun 30, 2012 | 509.00 Mn |
| Mar 31, 2012 | 462.00 Mn |
| Dec 31, 2011 | 355.00 Mn |
| Sep 30, 2011 | 440.00 Mn |
| Jun 30, 2011 | 437.00 Mn |
| Mar 31, 2011 | 442.00 Mn |
| Dec 31, 2010 | -477.00 Mn |
| Sep 30, 2010 | 411.00 Mn |
| Jun 30, 2010 | 414.00 Mn |
| Mar 31, 2010 | 448.00 Mn |
| Dec 31, 2009 | -454.00 Mn |
| Sep 30, 2009 | 460.00 Mn |
| Jun 30, 2009 | 351.00 Mn |
| Mar 31, 2009 | 229.00 Mn |