According to 3M's latest financial reports and stock price the company's current Operating Margin is 19.30%. At the end of 2024 the company had an Operating Margin of 24.46%.
Year | Operating Margin | Change |
---|---|---|
2024 | 24.46% | -158.26% |
2023 | -41.97% | -335.34% |
2022 | 17.84% | -18.02% |
2021 | 21.76% | -4.4% |
2020 | 22.76% | 20.06% |
2019 | 18.95% | -15.51% |
2018 | 22.43% | -9.77% |
2017 | 24.86% | 3.22% |
2016 | 24.09% | 4.59% |
2015 | 23.03% | 2.24% |
2014 | 22.53% | 3.68% |
2013 | 21.73% | -0.38% |
2012 | 21.81% | 3.88% |
2011 | 21.00% | -6.01% |
2010 | 22.34% | 6.48% |
2009 | 20.98% | -0.41% |
2008 | 21.07% | -18.53% |
2007 | 25.86% | 3.13% |
2006 | 25.07% | 8.08% |
2005 | 23.20% | 6.17% |
2004 | 21.85% | 6.48% |
2003 | 20.52% | 8.63% |
2002 | 18.89% | 31.28% |
2001 | 14.39% |
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.