What is 3M's deferred tax assets, net?

3M (MMM) reported deferred tax assets, net of $3.30B in Q1 2026.

What is the long-term trend for 3M's deferred tax assets, net?

Over 5 years (2020 to 2025), 3M's deferred tax assets, net has grown at a 44.7% compound annual growth rate (CAGR), from $538.00M to $3.41B.

What does deferred tax assets, net mean?

The net value of all deferred tax assets after subtracting valuation allowances and deferred tax liabilities.

Other

Deferred Tax Assets, Net

3M Deferred Tax Assets, Net decreased by 3.2% to $3.30B in Q1 2026 compared to the prior quarter. Over 5 years (FY 2020 to FY 2025), Deferred Tax Assets, Net shows an upward trend with a 44.7% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement

SectionOther

CategoryEfficiency

SignalHigher is better

VolatilityModerate

First reportedQ4 2020

Last reportedQ1 2026Apr 21, 2026

How to read this metric

A positive net asset indicates a future tax benefit, while a negative net balance indicates a future tax liability.

Detailed definition

This represents the net balance of deferred tax assets after accounting for valuation allowances and offsetting deferred...

Peer comparison

Standard financial reporting metric for tax positions across all industries.

Metric ID: other_deferred_tax_assets_liabilities_net

Historical Data

8 periods

	Q4 '21	Q4 '22	Q4 '23	Q4 '24	Q2 '25	Q3 '25	Q4 '25	Q1 '26
Value	$124.00M	$400.00M	$4.46B	$3.79B	$3.70B	$3.60B	$3.41B	$3.30B
QoQ Change	—	+222.6%	>999%	-15.1%	-2.4%	-2.7%	-5.3%	-3.2%
YoY Change	—	+222.6%	>999%	-15.1%	—	—	-10.1%	—

Range$124.00M – $4.46B

CAGR+551.9%

Avg YoY Growth+303.4%

Median YoY Growth+106.2%

Current Streak5 quarters decline

Deferred Tax Assets, Net at Other Companies

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Frequently Asked Questions

What is 3M's deferred tax assets, net?: 3M (MMM) reported deferred tax assets, net of $3.30B in Q1 2026.
What is the long-term trend for 3M's deferred tax assets, net?: Over 5 years (2020 to 2025), 3M's deferred tax assets, net has grown at a 44.7% compound annual growth rate (CAGR), from $538.00M to $3.41B.
What does deferred tax assets, net mean?: The net value of all deferred tax assets after subtracting valuation allowances and deferred tax liabilities.