3M
MMM
#266
Rank
$56.03 B
Marketcap
$101.61
Share price
0.12%
Change (1 day)
-32.02%
Change (1 year)

Operating Margin for 3M (MMM)

Operating Margin as of March 2023 (TTM): 18.67%

According to 3M's latest financial reports and stock price the company's current Operating Margin is 18.67%. At the end of 2021 the company had an Operating Margin of 21.76%.

Operating Margin history for 3M from 2001 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
202121.76%-3.29%
202022.50%17.36%
201919.17%-14.55%
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%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% 61.76%๐Ÿ‡บ๐Ÿ‡ธ USA
8.12%-56.51%๐Ÿ‡บ๐Ÿ‡ธ USA
24.28% 30.05%๐Ÿ‡บ๐Ÿ‡ธ USA
-4.96%-126.57%๐Ÿ‡บ๐Ÿ‡ธ USA
7.05%-62.24%๐Ÿ‡บ๐Ÿ‡ธ USA
23.00% 23.19%๐Ÿ‡บ๐Ÿ‡ธ USA
21.03% 12.64%๐Ÿ‡บ๐Ÿ‡ธ USA
25.79% 38.14%๐Ÿ‡บ๐Ÿ‡ธ USA
25.61% 37.17%๐Ÿ‡บ๐Ÿ‡ธ USA
13.14%-29.62%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.