3M
MMM
#259
Rank
$70.36 B
Marketcap
$127.16
Share price
22.99%
Change (1 day)
35.02%
Change (1 year)

Operating Margin for 3M (MMM)

Operating Margin as of July 2024 (TTM): -29.52%

According to 3M's latest financial reports and stock price the company's current Operating Margin is -29.52%. At the end of 2023 the company had an Operating Margin of -26.76%.

Operating Margin history for 3M from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-26.76%-233.65%
202220.02%-7.96%
202121.76%-4.4%
202022.76%20.06%
201918.95%-15.51%
201822.43%-9.77%
201724.86%3.22%
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%8.08%
200523.20%6.17%
200421.85%6.48%
200320.52%8.63%
200218.89%31.28%
200114.39%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
19.52%-166.12%๐Ÿ‡บ๐Ÿ‡ธ USA
21.11%-171.51%๐Ÿ‡บ๐Ÿ‡ธ USA
14.99%-150.78%๐Ÿ‡บ๐Ÿ‡ธ USA
23.73%-180.39%๐Ÿ‡บ๐Ÿ‡ธ USA
17.68%-159.89%๐Ÿ‡บ๐Ÿ‡ธ USA
-4.41%-85.06%๐Ÿ‡บ๐Ÿ‡ธ USA
29.67%-200.51%๐Ÿ‡บ๐Ÿ‡ธ USA
6.53%-122.12%๐Ÿ‡บ๐Ÿ‡ธ USA
16.60%-156.23%๐Ÿ‡บ๐Ÿ‡ธ USA
5.46%-118.50%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.