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
DateValue
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