KPIs & Operating Metrics(New)
Growth Metrics

3M (MMM) Tax Rate (2016 - 2025)

3M's Tax Rate history spans 17 years, with the latest figure at 24.41% for Q4 2025.

  • For Q4 2025, Tax Rate rose 2006.0% year-over-year to 24.41%; the TTM value through Dec 2025 reached 23.81%, up 712.0%, while the annual FY2025 figure was 23.81%, 712.0% up from the prior year.
  • Tax Rate for Q4 2025 was 24.41% at 3M, down from 26.85% in the prior quarter.
  • Across five years, Tax Rate topped out at 27.22% in Q3 2023 and bottomed at 38.33% in Q2 2022.
  • The 5-year median for Tax Rate is 18.99% (2022), against an average of 14.55%.
  • The largest annual shift saw Tax Rate crashed -5975bps in 2022 before it skyrocketed 6138bps in 2023.
  • A 5-year view of Tax Rate shows it stood at 14.51% in 2021, then soared by 57bps to 22.75% in 2022, then crashed by -176bps to 17.2% in 2023, then surged by 125bps to 4.35% in 2024, then skyrocketed by 461bps to 24.41% in 2025.
  • Per Business Quant, the three most recent readings for MMM's Tax Rate are 24.41% (Q4 2025), 26.85% (Q3 2025), and 26.54% (Q2 2025).