3M Co (MMM)
132.35
+0.90
(+0.68%)
USD |
NYSE |
Nov 14, 16:00
131.92
-0.43
(-0.32%)
After-Hours: 20:00
3M Gross Profit Margin (Quarterly): 42.06% for Sept. 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| September 30, 2024 | 42.06% |
| June 30, 2024 | 42.91% |
| March 31, 2024 | 45.91% |
| December 31, 2023 | 48.21% |
| September 30, 2023 | 40.73% |
| June 30, 2023 | 40.67% |
| 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% |
| Date | Value |
|---|---|
| June 30, 2018 | 49.62% |
| March 31, 2018 | 48.83% |
| 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% |
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
40.67%
Minimum
Jun 2023
49.11%
Maximum
Mar 2020
45.28%
Average
45.59%
Median
Gross Profit Margin (Quarterly) Benchmarks
| Honeywell International Inc | 38.54% |
| Air T Inc | 22.40% |
| Seaboard Corp | 6.18% |
| Planet Green Holdings Corp | 23.70% |
| 1847 Holdings LLC | 43.50% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 94.56% |
| Return on Assets | 9.16% |
| Return on Invested Capital | 21.32% |
| Profit Margin (Quarterly) | 21.80% |
| Operating Margin (Quarterly) | 20.91% |
| Return on Net Operating Assets | 13.79% |