What is 3M's current state tax expense?

3M (MMM) reported current state tax expense of -$250.00K in Q4 2025.

How has 3M's current state tax expense changed year-over-year?

3M's current state tax expense increased by 83.3% year-over-year, from -$1.50M to -$250.00K.

What is the long-term trend for 3M's current state tax expense?

Over 4 years (2021 to 2025), 3M's current state tax expense has grown at a -68.7% compound annual growth rate (CAGR), from $104.00M to -$1.00M.

Tax

Current State Tax Expense

3M Current State Tax Expense remained flat by 0.0% to -$250.00K in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 83.3%, from -$1.50M to -$250.00K. Over 4 years (FY 2021 to FY 2025), Current State Tax Expense shows a downward trend with a -68.7% CAGR.

Analysis

StatementIncome Statement

SectionTax

First reportedQ1 2021

Last reportedQ4 2025Feb 3, 2026

Metric ID: cop_current_state_tax_expense

Historical Data

5 years

	FY'21	FY'22	FY'23	FY'24	FY'25
Value	$104.00M	$55.00M	$38.00M	-$6.00M	-$1.00M
YoY Change	—	-47.1%	-30.9%	-115.8%	+83.3%

Range-$6.00M – $104.00M

CAGR-68.7%

Avg YoY Growth-27.6%

Median YoY Growth-39.0%

Current State Tax Expense at Other Companies

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Frequently Asked Questions

What is 3M's current state tax expense?: 3M (MMM) reported current state tax expense of -$250.00K in Q4 2025.
How has 3M's current state tax expense changed year-over-year?: 3M's current state tax expense increased by 83.3% year-over-year, from -$1.50M to -$250.00K.
What is the long-term trend for 3M's current state tax expense?: Over 4 years (2021 to 2025), 3M's current state tax expense has grown at a -68.7% compound annual growth rate (CAGR), from $104.00M to -$1.00M.