Other
Effective Income Tax Rate Reconciliation, Percent
3M Effective Income Tax Rate Reconciliation, Percent increased by 25100.0% to $0.25 in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 31.9%, from $0.19 to $0.25. Over 2 years (FY 2021 to FY 2025), Effective Income Tax Rate Reconciliation, Percent shows an upward trend with a 102.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementCash Flow Statement
SectionOther
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2021
Last reportedQ1 2026Apr 21, 2026
How to read this metric
A lower rate generally improves net income, while a higher rate may indicate increased tax liabilities or fewer tax credits.
Detailed definition
This metric represents the total effective income tax rate applied to earnings from continuing operations. It is calcula...
Peer comparison
A standard financial ratio reported by all public companies to explain their tax efficiency.
Metric ID:
other_effective_income_tax_rate_continuing_operationsHistorical Data
17 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $0.04 | $0.04 | $0.04 | -$0.38 | $0.07 | $0.18 | $0.24 | $0.24 | $0.01 | $0.24 | $0.14 | $0.20 | $0.19 | $0.27 | $0.27 | $0.00 | $0.25 |
| QoQ Change | — | +0.0% | +0.0% | -960.7% | +117.2% | +168.2% | +35.6% | -2.1% | -95.3% | >999% | -39.2% | +41.0% | -5.9% | +39.3% | +0.8% | -99.6% | >999% |
| YoY Change | — | — | — | -960.7% | +48.3% | — | +162.7% | +256.1% | — | +33.9% | -40.0% | -13.6% | -19.4% | +84.7% | +32.0% | — | +31.9% |
Range-$0.38 – $0.27
CAGR+54.3%
Avg YoY Growth-34.9%
Median YoY Growth+32.0%
Effective Income Tax Rate Reconciliation, Percent at Other Companies
Frequently Asked Questions
- What is 3M's effective income tax rate reconciliation, percent?
- 3M (MMM) reported effective income tax rate reconciliation, percent of $0.25 in Q1 2026.
- How has 3M's effective income tax rate reconciliation, percent changed year-over-year?
- 3M's effective income tax rate reconciliation, percent increased by 31.9% year-over-year, from $0.19 to $0.25.
- What is the long-term trend for 3M's effective income tax rate reconciliation, percent?
- Over 2 years (2021 to 2025), 3M's effective income tax rate reconciliation, percent has grown at a 102.0% compound annual growth rate (CAGR), from $0.18 to $0.73.
- What does effective income tax rate reconciliation, percent mean?
- The actual percentage of pre-tax income paid as income taxes from ongoing business operations.