3M (MMM) Tax Provisions (2009 - 2026)
3M (MMM) reported Tax Provisions of $183.0 million for Q2 2026, down 25.31% on a YoY basis from $245.0 million in Q2 2025, and down 17.19% sequentially from $221.0 million in Q1 2026.
3M (MMM) Tax Provisions (2009 - 2026) Analysis & Trends
3M (MMM) has 18 years of Tax Provisions data on file, last reported at $183.0 million in Q2 2026.
- For the quarter ending Q2 2026, Tax Provisions fell 25.31% year-over-year to $183.0 million; the trailing twelve-month figure through Jun 2026 stood at $897.0 million (up 0.67% YoY), and the FY2025 full-year result was $1.0 billion, up 24.75% from the prior year.
- Tax Provisions declined to $183.0 million in Q2 2026, from $221.0 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 -$22.4 million and a median of $206.5 million in 2023 frame the typical range for Tax Provisions.
- Across the five-year window, Tax Provisions sank 9730.43% in 2023 and jumped 460.61% in 2025, its largest moves.
- Tracing MMM's Tax Provisions over 5 years: stood at -$362.0 million in 2022, then soared by 107.18% to $26.0 million in 2023, then climbed by 26.92% to $33.0 million in 2024, then jumped by 460.61% to $185.0 million in 2025, then slipped by 1.08% to $183.0 million in 2026.
- Business Quant data shows MMM's Tax Provisions at $183.0 million in Q2 2026, $221.0 million in Q1 2026, and $185.0 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 88.13 Bn | 84.85 Bn | 2.68 Bn | 183.00 Mn |
| 2 | Honeywell International | 78.15 Bn | 66.84 Bn | 3.65 Bn | 1.58 Bn |
| 3 | Valmont Industries | 9.52 Bn | 9.36 Bn | 316.88 Mn | 21.45 Mn |
| 4 | Brookfield Business | 6.56 Bn | 5.50 Bn | 1.31 Bn | -110.00 Mn |
| 5 | Seaboard | 4.44 Bn | 3.30 Bn | 217.00 Mn | 23.00 Mn |
| 6 | Otter Tail | 3.87 Bn | 3.47 Bn | 239.49 Mn | 4.88 Mn |
| 7 | Tetra Technologies | 1.18 Bn | 1.14 Bn | 38.23 Mn | 3.27 Mn |
| 8 | Deluxe | 1.16 Bn | 1.13 Bn | 279.40 Mn | 10.80 Mn |
| 9 | Matthews International | 843.71 Mn | 807.63 Mn | 101.98 Mn | -6.22 Mn |
| 10 | Compass Diversified Holdings | 745.59 Mn | 813.24 Mn | 189.36 Mn | 7.06 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 183.00 Mn |
| 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 |