3M Co (MMM)
90.96
-0.09
(-0.10%)
USD |
NYSE |
Apr 17, 16:00
90.95
-0.01
(-0.01%)
Pre-Market: 20:00
3M Gross Profit Margin (Quarterly): 41.62% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| 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% |
| December 31, 2017 | 48.76% |
| Date | Value |
|---|---|
| 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% |
| September 30, 2011 | 46.53% |
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
45.85%
Average
45.73%
Median
Sep 2021
Gross Profit Margin (Quarterly) Benchmarks
| Honeywell International Inc | 34.31% |
| Matthews International Corp | 29.41% |
| NN Inc | 12.45% |
| Seaboard Corp | 0.92% |
| 1847 Holdings LLC | 42.82% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -73.51% |
| Return on Assets | -14.43% |
| Return on Invested Capital | -27.43% |
| Profit Margin (Quarterly) | 11.79% |
| Operating Margin (Quarterly) | 15.96% |
| Return on Net Operating Assets | -18.52% |