3M Co (MMM)
96.14
-0.45
(-0.47%)
USD |
NYSE |
May 07, 12:54
3M Gross Profit Margin (Quarterly): 45.91% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
Date | Value |
---|---|
March 31, 2024 | 45.91% |
December 31, 2023 | 41.62% |
September 30, 2023 | 44.90% |
June 30, 2023 | 44.67% |
March 31, 2023 | 42.56% |
December 31, 2022 | 43.25% |
September 30, 2022 | 45.14% |
June 30, 2022 | 41.47% |
March 31, 2022 | 45.34% |
December 31, 2021 | 45.45% |
September 30, 2021 | 45.73% |
June 30, 2021 | 47.27% |
March 31, 2021 | 48.88% |
December 31, 2020 | 48.88% |
September 30, 2020 | 48.47% |
June 30, 2020 | 46.98% |
March 31, 2020 | 49.11% |
December 31, 2019 | 46.68% |
September 30, 2019 | 47.59% |
June 30, 2019 | 47.22% |
March 31, 2019 | 45.19% |
December 31, 2018 | 48.90% |
September 30, 2018 | 48.98% |
June 30, 2018 | 49.62% |
March 31, 2018 | 48.83% |
Date | Value |
---|---|
December 31, 2017 | 48.76% |
September 30, 2017 | 50.33% |
June 30, 2017 | 48.53% |
March 31, 2017 | 49.49% |
December 31, 2016 | 48.23% |
September 30, 2016 | 50.10% |
June 30, 2016 | 50.42% |
March 31, 2016 | 50.36% |
December 31, 2015 | 47.56% |
September 30, 2015 | 49.73% |
June 30, 2015 | 49.80% |
March 31, 2015 | 49.58% |
December 31, 2014 | 47.83% |
September 30, 2014 | 48.32% |
June 30, 2014 | 48.56% |
March 31, 2014 | 48.53% |
December 31, 2013 | 47.47% |
September 30, 2013 | 47.60% |
June 30, 2013 | 48.23% |
March 31, 2013 | 48.01% |
December 31, 2012 | 45.97% |
September 30, 2012 | 47.51% |
June 30, 2012 | 48.63% |
March 31, 2012 | 48.05% |
December 31, 2011 | 46.06% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
41.47%
Minimum
Jun 2022
49.11%
Maximum
Mar 2020
45.86%
Average
45.82%
Median
Gross Profit Margin (Quarterly) Benchmarks
Honeywell International Inc | 38.68% |
Harte-Hanks Inc | 66.84% |
Matthews International Corp | 31.45% |
Seaboard Corp | 3.97% |
1847 Holdings LLC | 18.17% |
Gross Profit Margin (Quarterly) Related Metrics
Return on Equity | -93.31% |
Return on Assets | -14.02% |
Return on Invested Capital | -28.60% |
Profit Margin (Quarterly) | 11.60% |
Operating Margin (Quarterly) | 18.89% |
Return on Net Operating Assets | -18.74% |