KPIs & Operating Metrics(New)
Growth Metrics

3M (MMM) Tax Rate (2016 - 2026)

3M's Tax Rate history spans 18 years, with the latest figure at 25.17% for Q1 2026.

  • On a quarterly basis, Tax Rate rose 604.0% to 25.17% in Q1 2026 year-over-year; TTM through Mar 2026 was 25.88%, a 978.0% increase, with the full-year FY2025 number at 23.81%, up 712.0% from a year prior.
  • Tax Rate hit 25.17% in Q1 2026 for 3M, up from 24.41% in the prior quarter.
  • Over the last five years, Tax Rate for MMM hit a ceiling of 26.85% in Q3 2025 and a floor of 38.33% in Q2 2022.
  • Historically, Tax Rate has averaged 15.51% across 5 years, with a median of 20.22% in 2024.
  • Biggest five-year swings in Tax Rate: plummeted -5975bps in 2022 and later soared 6231bps in 2023.
  • Tracing MMM's Tax Rate over 5 years: stood at 22.75% in 2022, then crashed by -82bps to 3.99% in 2023, then increased by 9bps to 4.35% in 2024, then skyrocketed by 461bps to 24.41% in 2025, then increased by 3bps to 25.17% in 2026.
  • Business Quant data shows Tax Rate for MMM at 25.17% in Q1 2026, 24.41% in Q4 2025, and 26.85% in Q3 2025.