What are 3M's profit margins?

3M (MMM) runs a 39.7% gross margin and a 19.1% operating margin, with a 11.1% net margin.

Where do 3M's ratios come from?

Every ratio is computed from 3M's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

3M MMM Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Profitability
Gross margin	163%0.0pp	162.9%—	——	——
Operating margin	77.9%+91.8pp	-13.9%—	——	——
Net margin	60.5%+50.5pp	10%+61.9pp	-51.8%-120pp	68.7%+0.4pp
EBITDA margin	97.9%+84.6pp	13.3%—	——	——
Free cash flow margin	3.7%-38.3pp	42%-43.2pp	85.2%+32.7pp	52.4%-24.4pp
Returns
Return on equity	338.9%+202pp	137%+265pp	-128.1%-281pp	153.3%-29.7pp
Return on assets	35.9%+28.7pp	7.2%+28.4pp	-21.2%-68.3pp	47.1%-3.2pp
Return on invested capital	133.7%+138pp	-4.5%—	——	——
Efficiency
Asset turnover	2.4×+0.3×	2.1×+0.3×	1.8×-1.0×	2.8×-0.2×
Inventory turnover	14.6×+1.7×	13×+2.2×	10.8×-3.6×	14.4×-1.8×
Liquidity
Current ratio	6.9×+1.1×	5.8×+0.9×	5×-1.2×	6.1×-0.8×
Quick ratio	5.2×+0.7×	4.5×+1.1×	3.4×-0.4×	3.8×-1.0×
Cash ratio	2.2×-0.3×	2.6×+1.1×	1.5×+0.1×	1.4×—
Leverage
Debt-to-equity	11.4×-2.3×	13.7×+4.9×	8.7×+4.4×	4.3×-0.5×
Debt-to-assets	1.3×0.0×	1.3×+0.2×	1.1×-0.2×	1.3×-0.1×
Net debt / EBITDA	5.2×—	——	——	——
Interest coverage	19.1×+22.4×	-3.4×—	——	——
Per Share
Book value per share	$33.37+7.1%	$31.17-47.0%	$58.84-41.5%	$100.60+2.3%
Valuation
Market capitalization	$327.56B+30.0%	$251.93B+33.2%	$189.15B-20.9%	$239B-33.4%
Enterprise value	$359.11B+28.9%	$278.61B+23.1%	$226.32B-21.4%	$288.02B-32.1%
Price / earnings	89.1×—	——	——	44.9×-15.9×
Price / sales	13.2×+3.0×	10.3×+1.6×	8.7×+1.3×	7.4×-3.0×
Price / book	72.5×+13.3×	59.2×+30.2×	29×+12.3×	16.6×-8.3×
EV / EBITDA	59.4×—	——	——	——
EV / sales	14.5×+3.2×	11.3×+0.9×	10.4×+1.5×	8.9×-3.4×
Free cash flow yield	1%-17.9pp	18.9%-20.2pp	39.1%+10.4pp	28.6%-0.9pp
Earnings yield	18.3%+19.2pp	-0.9%+21.9pp	-22.8%-60.7pp	37.9%+11.5pp
Dividend yield	7.6%-10.3pp	17.8%-10.3pp	28.2%+5.1pp	23.1%+7.8pp

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Questions, answered.

What are 3M's profit margins?: 3M (MMM) runs a 39.7% gross margin and a 19.1% operating margin, with a 11.1% net margin.
Where do 3M's ratios come from?: Every ratio is computed from 3M's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.