KPIs & Operating Metrics(New)
Growth Metrics

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

3M (MMM) has disclosed Tax Rate for 17 consecutive years, with 24.41% as the latest value for Q4 2025.

  • Quarterly Tax Rate rose 2006.0% to 24.41% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 23.81% through Dec 2025, up 712.0% year-over-year, with the annual reading at 23.81% for FY2025, 712.0% up from the prior year.
  • Tax Rate hit 24.41% in Q4 2025 for 3M, down from 26.85% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 26.85% in Q3 2025 to a low of 38.33% in Q2 2022.
  • Historically, Tax Rate has averaged 15.47% across 5 years, with a median of 18.99% in 2022.
  • Biggest five-year swings in Tax Rate: plummeted -5975bps in 2022 and later soared 6231bps in 2023.
  • Year by year, Tax Rate stood at 14.51% in 2021, then skyrocketed by 57bps to 22.75% in 2022, then plummeted by -82bps to 3.99% in 2023, then rose by 9bps to 4.35% in 2024, then surged by 461bps to 24.41% in 2025.
  • Business Quant data shows Tax Rate for MMM at 24.41% in Q4 2025, 26.85% in Q3 2025, and 26.54% in Q2 2025.