3M Company (MMM) Gross Margin: 39.51%
Is 3M Company’s gross margin high or low?
3M Company's gross margin of 39.51% is in line with its 5-year average of 43.11%, near the low end of its 5-year range (38.90%–48.48%).
The gross margin for 3M Company (MMM) is 39.51% as of Wednesday, June 10, 2026. It is below its 12-month average by 1.92% (40.28%).
MMM Gross Margin Chart
MMM Average Gross Margin Chart
MMM Current vs Average Gross Margin Chart
MMM Gross Margin Metrics
GROSS MARGIN
39.51%
GROSS MARGIN AVG TTM
40.28%
GROSS MARGIN AVG 3Y
40.80%
GROSS MARGIN AVG 5Y
43.11%
GROSS MARGIN AVG 10Y
45.78%
GROSS MARGIN AVG 15Y
46.43%
GROSS MARGIN AVG 20Y
47.00%
CURRENT VS TTM AVG
-1.92%
CURRENT VS 3Y AVG
-3.16%
CURRENT VS 5Y AVG
-8.35%
CURRENT VS 10Y AVG
-13.70%
CURRENT VS 15Y AVG
-14.90%
CURRENT VS 20Y AVG
-15.93%
MMM Competitors' Gross Margin
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| 3M Company (MMM) | — | 39.51% | 40.28% | 40.80% | 43.11% |
| Emerson Electric Co. (EMR) | $76.94B | 52.66% | 51.81% | 49.57% | 47.39% |
| Cummins Inc. (CMI) | $87.60B | 25.39% | 25.02% | 24.55% | 24.43% |
| United Parcel Service, Inc. (UPS) | $87.79B | 17.79% | 18.42% | 19.11% | 20.03% |
| Illinois Tool Works Inc. (ITW) | $72.19B | 44.12% | 43.88% | 42.30% | 41.61% |
| Automatic Data Processing, Inc. (ADP) | $92.38B | 47.48% | 50.39% | 49.13% | 48.16% |
| Rocket Lab USA, Inc. (RKLB) | $62.17B | 36.56% | 30.53% | 22.77% | 9.07% |
| PACCAR Inc (PCAR) | $60.21B | 15.11% | 18.08% | 19.00% | 18.78% |
| Fastenal Company (FAST) | $52.90B | 44.89% | 45.05% | 45.45% | 45.58% |
| Parker-Hannifin Corporation (PH) | $111.11B | 37.23% | 36.38% | 33.57% | 31.16% |
Gross Margin Analysis
Gross Margin
39.5%
(Revenue - COGS) / Revenue
3M Company Gross Margin Formula & Definition
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
3M Company Gross Margin FAQ
- What is the gross margin for 3M Company (MMM)?
- The gross margin for MMM stock is 39.51%.
- Is 3M Company's gross margin high or low?
- 3M Company's gross margin of 39.51% is in line with its 5-year average of 43.11%, near the low end of its 5-year range (38.90%–48.48%).
- What is the TTM average gross margin for 3M Company (MMM)?
- The TTM average gross margin for MMM stock is 40.28%.
- What is the 3Y average gross margin for 3M Company (MMM)?
- The 3Y average gross margin for MMM stock is 40.80%.
- What is the 5Y average gross margin for 3M Company (MMM)?
- The 5Y average gross margin for MMM stock is 43.11%.
- What is the 10Y average gross margin for 3M Company (MMM)?
- The 10Y average gross margin for MMM stock is 45.78%.
- What is the 15Y average gross margin for 3M Company (MMM)?
- The 15Y average gross margin for MMM stock is 46.43%.
- What is the 20Y average gross margin for 3M Company (MMM)?
- The 20Y average gross margin for MMM stock is 47.00%.
3M Company Gross Margin History
| DATE | GROSS MARGIN |
|---|---|
| 2025-12-31 | 39.55% |
| 2024-12-31 | 41.02% |
| 2023-12-31 | 38.90% |
| 2022-12-31 | 43.72% |
| 2021-12-31 | 46.99% |
| 2020-12-31 | 48.48% |
| 2019-12-31 | 47.63% |
| 2018-12-31 | 49.41% |
| 2017-12-31 | 49.47% |
| 2016-12-31 | 49.74% |
| 2015-12-31 | 48.70% |
| 2014-12-31 | 48.26% |
| 2013-12-31 | 47.81% |
| 2012-12-31 | 47.53% |
| 2011-12-31 | 47.27% |
| 2010-12-31 | 48.39% |
| 2009-12-31 | 47.95% |
| 2008-12-31 | 47.62% |
| 2007-12-31 | 48.23% |
| 2006-12-31 | 49.46% |
| 2005-12-31 | 50.83% |
| 2004-12-31 | 50.24% |
| 2003-12-31 | 49.07% |
| 2002-12-31 | 47.98% |
| 2001-12-31 | 45.59% |
| 2000-12-31 | 47.46% |
| 1999-12-31 | 43.47% |
| 1998-12-31 | 42.05% |
| 1997-12-31 | 43.07% |
| 1996-12-31 | 43.11% |
Related Metrics
About 3M Company
3M Company operates as a global technology conglomerate with diverse interests. Its extensive operations are strategically divided into four primary business segments: Safety and Industrial, Transportation and Electronics, Health Care, and Consumer. The Safety and Industrial division supplies a broad array of products, including specialized abrasives and finishing tools for metalworking, automotive body repair kits, fastening systems for personal hygiene items, various masking and packaging materials, electrical components for construction, maintenance, and power distribution, strong structural adhesives and tapes, comprehensive personal protective equipment for respiratory, auditory, visual, and fall protection, and mineral granules for roofing shingles. Within the Transportation and Electronics sector, offerings encompass advanced ceramic solutions, specialized attachment tapes and films, sophisticated sound and temperature management systems for vehicles, high-quality large-format graphic films for advertising and fleet branding, optical films, electronic assembly solutions, robust packaging and interconnection technologies, and reflective materials crucial for highway and vehicle safety. The Health Care segment provides essential solutions such as food safety indicators, software for medical procedure coding and reimbursement, a wide range of products for skin and wound care, infection prevention, dental and orthodontic supplies, and advanced filtration and purification systems. Finally, the Consumer unit delivers an assortment of household and personal products, including bandages, braces, support devices, and personal respirators; various home cleaning supplies; retail-grade abrasives, paint accessories, DIY car care products, picture hanging solutions, and consumer-focused air quality improvements; along with a selection of stationery items. The company distributes its extensive product portfolio through both online platforms and a comprehensive traditional network, leveraging wholesalers, retailers, jobbers, distributors, and authorized dealers. This enterprise was founded in 1902 and maintains its corporate headquarters in St. Paul, Minnesota.
- Sector
- Industrials
- Industry
- Conglomerates
- CEO
- William Brown