3M Income Tax Expense from 2010 to 2026

MMM Stock  CHF 132.00  2.78  2.15%   
3M Income Tax Expense yearly trend continues to be fairly stable with very little volatility. Income Tax Expense is likely to outpace its year average in 2026. During the period from 2010 to 2026, 3M Income Tax Expense regression line of quarterly data had r-squared of  0.16 and coefficient of variation of  95.03. View All Fundamentals
 
Income Tax Expense  
First Reported
1989-09-30
Previous Quarter
245.3 M
Current Value
185 M
Quarterly Volatility
271.3 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check 3M financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among 3M's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.3 B, Interest Expense of 993.3 M or Selling General Administrative of 5.7 B, as well as many indicators such as Price To Sales Ratio of 3.6, Dividend Yield of 0.0259 or PTB Ratio of 19.1. 3M financial statements analysis is a perfect complement when working with 3M Valuation or Volatility modules.
  
This module can also supplement various 3M Technical models . Check out the analysis of 3M Correlation against competitors.
The evolution of Income Tax Expense for 3M Company provides essential context for understanding the company's financial health trajectory. By analyzing this metric's behavior over time, investors can assess whether recent trends align with long-term patterns, and how 3M compares to historical norms and industry peers.

Latest 3M's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of 3M Company over the last few years. It is 3M's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in 3M's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Slightly volatile
   Income Tax Expense   
       Timeline  

3M Income Tax Expense Regression Statistics

Arithmetic Mean1,223,724,390
Coefficient Of Variation95.03
Mean Deviation711,923,099
Median1,318,000,000
Standard Deviation1,162,965,753
Sample Variance1352489.3T
Range5.4B
R-Value(0.40)
Mean Square Error1208832.7T
R-Squared0.16
Significance0.11
Slope(92,716,870)
Total Sum of Squares21639829.5T

3M Income Tax Expense History

20261.2 B
2025B
2024804 M
2023-2.7 B
2022612 M
20211.3 B
20201.3 B

About 3M Financial Statements

3M investors use historical fundamental indicators, such as 3M's Income Tax Expense, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in 3M. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Tax ExpenseB1.2 B

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Additional Tools for 3M Stock Analysis

When running 3M's price analysis, check to measure 3M's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy 3M is operating at the current time. Most of 3M's value examination focuses on studying past and present price action to predict the probability of 3M's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 3M's price. Additionally, you may evaluate how the addition of 3M to your portfolios can decrease your overall portfolio volatility.