3M
MMM
#326
Rank
$58.69 B
Marketcap
$106.07
Share price
1.42%
Change (1 day)
4.26%
Change (1 year)

Operating Margin for 3M (MMM)

Operating Margin as of March 2024 (TTM): -9.39%

According to 3M's latest financial reports and stock price the company's current Operating Margin is -9.39%. At the end of 2022 the company had an Operating Margin of 11.94%.

Operating Margin history for 3M from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202211.94%-42.73%
202120.84%-0.94%
202021.04%11.58%
201918.86%-7.23%
201820.33%-11.05%
201722.85%-5.13%
201624.09%4.59%
201523.03%2.24%
201422.53%3.68%
201321.73%-0.38%
201221.81%3.88%
201121.00%-6.01%
201022.34%6.48%
200920.98%-0.41%
200821.07%-18.53%
200725.86%3.13%
200625.07%4.77%
200523.93%3.56%
200423.11%12.61%
200320.52%10.02%
200218.65%31.93%
200114.14%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
30.20%-421.62%๐Ÿ‡บ๐Ÿ‡ธ USA
-1.15%-87.75%๐Ÿ‡บ๐Ÿ‡ธ USA
22.88%-343.66%๐Ÿ‡บ๐Ÿ‡ธ USA
-1.37%-85.41%๐Ÿ‡บ๐Ÿ‡ธ USA
7.05%-175.08%๐Ÿ‡บ๐Ÿ‡ธ USA
24.11%-356.76%๐Ÿ‡บ๐Ÿ‡ธ USA
17.98%-291.48%๐Ÿ‡บ๐Ÿ‡ธ USA
26.34%-380.51%๐Ÿ‡บ๐Ÿ‡ธ USA
16.04%-270.82%๐Ÿ‡บ๐Ÿ‡ธ USA
-26.89% 186.37%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

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.