3M Co
MMMNYSESurgical & Medical Instruments & ApparatusFiscal year ends December 31
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Oct 20, 2026Score 13/3041% above fair value
$178.36+4.02 (+2.31%)
Close on Nov 2, 2026Market cap $91.98BP/E 31.7Yield 1.64%
3M Effective Income Tax Rate: 23.8% in 2025, up 7.1 pts from a year earlier.
Latest, 2025
23.8%
Period ended Dec 31, 2025
Change on a year earlier
+7.1 pts
16.7% in 2024
History
10 years
Since 2016
Sources
8
Documents cited below
Where the 2025 figure comes from
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Effective Income Tax Rate (%) (%) | Year on year | Source |
|---|---|---|---|---|
| 2025 | Dec 31, 2025 | 23.8% | +7.1 pts | SEC Form 10-K (filed 2026-02-03) ↗ |
| 2024 | Dec 31, 2024 | 16.7% | -8.7 pts | SEC Form 10-K (filed 2026-02-03) ↗ |
| 2023 | Dec 31, 2023 | 25.4% | +20.9 pts | SEC Form 10-K (filed 2026-02-03) ↗ |
| 2022 | Dec 31, 2022 | 4.5% | -13.3 pts | SEC Form 10-K (filed 2025-02-05) ↗ |
| 2021 | Dec 31, 2021 | 17.8% | -1.9 pts | SEC Form 10-K (filed 2024-02-07) ↗ |
| 2020 | Dec 31, 2020 | 19.7% | 0.0 pts | SEC Form 10-K (filed 2023-02-08) ↗ |
| 2019 | Dec 31, 2019 | 19.7% | -3.7 pts | SEC Form 10-K (filed 2022-02-09) ↗ |
| 2018 | Dec 31, 2018 | 23.4% | -12.1 pts | SEC Form 10-K (filed 2021-02-04) ↗ |
| 2017 | Dec 31, 2017 | 35.5% | +7.2 pts | SEC Form 10-K (filed 2020-02-06) ↗ |
| 2016 | Dec 31, 2016 | 28.3% | – | SEC Form 10-K (filed 2019-02-07) ↗ |
Cite this data
StockData. (2026). 3M Effective Income Tax Rate (%), annual 2016–2025 [Data set]. Compiled from 3M SEC filings and investor materials. https://stockdatahq.com/stocks/mmm/kpis/tax-etr
See every metric in the 3M KPI table. Data updated Nov 2, 2026.