CSIMarket
Company Name or Ticker Symbol
Search for other Categories
 


3m Company  (MMM)
Other Ticker:  
 
    Sector  Conglomerates    Industry Conglomerates
   Industry Conglomerates
   Sector  Conglomerates


3m's Effective Tax Rate by quarter

Trends, Rankings, Statistics



MMM Effective Tax Rate (Mar 31 2019)
I. Quarter
(Dec 31 2018)
IV. Quarter
(Sep 30 2018)
III. Quarter
(Jun 30 2018)
II. Quarter
(Mar 31 2018)
I. Quarter
Y / Y Pre-Tax Income Change 12.75 % 2.87 % -1.6 % 9.71 % -44.44 %
Y / Y Income taxes expenses / -benefit Change -45.68 % -67.65 % -25.71 % -12.39 % -12.65 %
Effective Tax Rate 17.92 % 21.57 % 21.32 % 20.77 % 37.2 %
Effective Tax Rate Total Ranking # 598 # 1081 # 1163 # 1038 # 2053
Seq. Pre-Tax Income Change -36.74 % -12.47 % -16.38 % 143.52 % -42.28 %
Seq. Income taxes expenses / -benefit Change -47.44 % -11.46 % -14.14 % 35.93 % -68.7 %


Commenting First Quarter 2019 Effective Tax Rate
Company's effective tax rate in I. Quarter decreased compare to previous quarter to 17.92 %, a new company low.

Looking into I. Quarter results within Conglomerates industry 3 other companies have achieved lower Effective Tax Rate. While Effective Tax Rate total ranking has impoved so far to 598, from total ranking in previous quarter at 1081.

MMM's Effective Tax Rate first quarter 2019 Company Ranking
Within: No.
Conglomerates Industry # 4
Conglomerates Sector # 7
Overall # 598

MMM's Effective Tax Rate Statistics
High Average Low
68.6 % 29.91 % 17.92 %
(Dec 31 2017)   (Mar 31 2019)



Financial Statements
3m's (Mar 31 2019) Income taxes expenses / -benefit $ 195 MMM's Income Statement
3m's (Mar 31 2018) Income taxes expenses / -benefit $ 359 Quarterly MMM's Growth
MMM's Profits by Division See MMM's Profits by Segment

Other Effective Tax Rate Profitability Ratios
MMM's Cumulative Effective Tax Rate
Conglomerates Industry Effective Tax Rate Trends and Statistics
Conglomerates Sector Effective Tax Rate Statistics
Effective Tax Rate Profitability Trends for overall market
MMM's Effective Tax Rate Profitability versus Conglomerates Industry, Conglomerates Sector and total Market
Highest Ranking Effective Tax Rate
Lowest Ranking Effective Tax Rate
Effective Tax Rate Profit Margin for MMM's Competitors
Effective Tax Rate Profit Margin for 3m's Suppliers
Effective Tax Rate Profit Margin for MMM's Customers

You may also want to know
MMM's Annual Growth Rates MMM's Profitability Ratios MMM's Asset Turnover Ratio MMM's Dividend Growth
MMM's Roe MMM's Valuation Ratios MMM's Financial Strength Ratios MMM's Income taxes expenses / -benefit Growth
MMM's Roa MMM's Inventory Turnover Ratio MMM's Growth Rates MMM's Dividend Comparisons


Companies with similar Effective Tax Rate in the quarter ending Mar 31 2019, within Conglomerates Industry Effective Tax RateMar 31 2019 MRQ Income taxes expenses / -benefitMar 31 2019 MRQ Pre-Tax Income
Xcel Brands, Inc.  39.60 %$ 0.080 $ 0.202 
Live Ventures Inc  29.90 %$ 0.202 $ 0.675 
Honeywell International Inc.  22.04 %$ 406.000 $ 1,842.000 
United Technologies Corp  21.79 %$ 397.000 $ 1,822.000 
Berkshire Hathaway Inc.  21.39 %$ 5,915.000 $ 27,647.000 
Western Capital Resources, Inc.  20.92 %$ 0.344 $ 1.644 
3m Company  17.92 %$ 195.000 $ 1,088.000 
General Electric Company  17.41 %$ 222.000 $ 1,275.000 
Helen Of Troy Ltd  7.91 %$ 3.241 $ 40.955 
Jefferies Financial Group Inc.  4.67 %$ 2.302 $ 49.317 


             
Economy


Advance Monthly Sales

Consumer Price Index CPI

Producer Price Index PPI

Retail Inventories

Personal Income

Gross Domestic Product GDP

Money Supply

Industrial Production

Productivity

Employment Situation

US International Trade

Factory Orders

Durable Goods

Construction Spending

Housing Starts

Vehicle Unit Sales

Stocks


Event Calendar

NTIP's Profile

Stock Price

NTIP's Financials

Business Description

Fundamentals

Charts & Quotes

NTIP's News

Suppliers

NTIP's Competitors

Customers & Markets

Economic Indicators

NTIP's Growth

Company Segments

Screening


Stock Performance

Growth Rates

Profitability

Valuation

Dividend

Financial Strength

Efficiency

Largest Companies

Management Effectivness

Industries


At a Glance

Performance

Growth Rates

Profitability

Valuation

Financial Strength

Markets


At a Glance

Stocks

Indices

Sectors & Industries

Financials

Commodities

Currencies

News


At a Glance

Stocks

Economy

Industries

Other

Help


Sitemap

Advertise

About us

Glossary


Financial Terms

Technical Analysis

Fundamental Analysis

Energy Terms

Manufacturing Terms

Transportation Terms

Health Care

Insurance Terms

Economy Terms

Hotel & Leisure Terms

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.  Free Stock Market News Feeds
   Copyright © 2019 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday Data provided by Barchart and subject to terms of use. To view Intraday Stock Data Java must be installed. Java content may be prohibited by the security software, to see the stock quotes, choose "allow content from this page" option. Stock Price, historical and current end-of-day data provided by eoddata. Intraday data delayed per exchange requirements. S&P/Dow Jones Indices (SM) from Barchart and Eoddata. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com
CSIMarket.com 1500 N. University Drive, Coral Springs, FL 33071