3M (MMM) Gross Margin (2009 - 2026)
3M recorded quarterly Gross Margin of 40.73% in Q1 2026, up 21.38% quarter-over-quarter from 33.56% in Q4 2025, and down 86.0% year-over-year from 290.93% in Q1 2025.
3M's Gross Margin history runs 18 years deep, the most recent figure standing at 40.73% for Q1 2026.
- In Q1 2026, Gross Margin fell 86.0% year-over-year to 40.73%; the TTM figure through Mar 2026 stood at 39.71% (down 138.0% YoY), while the FY2025 annual figure was 39.91%, down 130.0% from the prior year.
- Gross Margin came in at 40.73% for Q1 2026 at 3M, up from 33.56% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 45.34% in Q1 2022 to a low of 10863.64% in Q4 2022.
- A 5-year average of 600.61% and a median of 41.47% in 2022 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin plunged 1090908 bps in 2022 and surged 1090041 bps in 2023, its largest moves.
- 3M's Gross Margin stood at 10863.64% in 2022, then jumped by 100 bps to 36.77% in 2023, then advanced by 3 bps to 37.7% in 2024, then declined by 11 bps to 33.56% in 2025, then advanced by 21 bps to 40.73% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 40.73%, 33.56%, and 41.81% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Honeywell International | 149.73 Bn | 138.42 Bn | 3.54 Bn | 38.71% |
| 2 | 3M | 79.89 Bn | 75.79 Bn | 2.46 Bn | 40.73% |
| 3 | Valmont Industries | 10.28 Bn | 10.12 Bn | 316.88 Mn | 30.79% |
| 4 | Seaboard | 5.00 Bn | 3.86 Bn | 217.00 Mn | 9.04% |
| 5 | Otter Tail | 3.50 Bn | 3.10 Bn | 239.49 Mn | 69.01% |
| 6 | Tetra Technologies | 1.39 Bn | 1.39 Bn | 38.23 Mn | 24.46% |
| 7 | Deluxe | 1.11 Bn | 1.08 Bn | 279.40 Mn | 51.92% |
| 8 | Matthews International | 838.50 Mn | 802.41 Mn | 101.98 Mn | 39.43% |
| 9 | Compass Diversified Holdings | 825.34 Mn | 892.99 Mn | 189.36 Mn | 44.36% |
| 10 | Falcon's Beyond Global | 575.98 Mn | 586.01 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 40.73% |
| Dec 31, 2025 | 33.56% |
| Sep 30, 2025 | 41.81% |
| Jun 30, 2025 | 42.53% |
| Mar 31, 2025 | 41.59% |
| Dec 31, 2024 | 37.70% |
| Sep 30, 2024 | 42.06% |
| Jun 30, 2024 | 42.91% |
| Mar 31, 2024 | 42.07% |
| Dec 31, 2023 | 36.77% |
| Sep 30, 2023 | 40.73% |
| Jun 30, 2023 | 40.67% |
| Mar 31, 2023 | 38.17% |
| Dec 31, 2022 | -10,863.64% |
| Sep 30, 2022 | 45.14% |
| Jun 30, 2022 | 41.47% |
| Mar 31, 2022 | 45.34% |
| Dec 31, 2021 | 45.45% |
| Sep 30, 2021 | 45.73% |
| Jun 30, 2021 | 47.27% |
| Mar 31, 2021 | 48.88% |
| Dec 31, 2020 | 48.88% |
| Sep 30, 2020 | 48.47% |
| Jun 30, 2020 | 46.98% |
| Mar 31, 2020 | 49.11% |
| Dec 31, 2019 | -1,135.71% |
| Sep 30, 2019 | 47.59% |
| Jun 30, 2019 | 47.22% |
| Mar 31, 2019 | 45.19% |
| Dec 31, 2018 | 48.90% |
| Sep 30, 2018 | 48.98% |
| Jun 30, 2018 | 49.62% |
| Mar 31, 2018 | 48.83% |
| Dec 31, 2017 | 48.76% |
| Sep 30, 2017 | 50.33% |
| Jun 30, 2017 | 48.53% |
| Mar 31, 2017 | 49.49% |
| Dec 31, 2016 | 49.30% |
| Sep 30, 2016 | 50.10% |
| Jun 30, 2016 | 50.42% |
| Mar 31, 2016 | 50.36% |
| Dec 31, 2015 | 47.56% |
| Sep 30, 2015 | 49.73% |
| Jun 30, 2015 | 49.80% |
| Mar 31, 2015 | 49.58% |
| Dec 31, 2014 | 47.83% |
| Sep 30, 2014 | 48.32% |
| Jun 30, 2014 | 48.56% |
| Mar 31, 2014 | 48.53% |
| Dec 31, 2013 | 47.47% |
| Sep 30, 2013 | 47.60% |
| Jun 30, 2013 | 48.23% |
| Mar 31, 2013 | 48.01% |
| Dec 31, 2012 | 45.97% |
| Sep 30, 2012 | 47.51% |
| Jun 30, 2012 | 48.63% |
| Mar 31, 2012 | 48.05% |
| Dec 31, 2011 | 46.06% |
| Sep 30, 2011 | 46.53% |
| Jun 30, 2011 | 47.40% |
| Mar 31, 2011 | 48.00% |
| Dec 31, 2010 | 46.71% |
| Sep 30, 2010 | 47.88% |
| Jun 30, 2010 | 48.97% |
| Mar 31, 2010 | 48.99% |
| Dec 31, 2009 | 47.91% |
| Sep 30, 2009 | 48.80% |
| Jun 30, 2009 | 47.95% |
| Mar 31, 2009 | 45.53% |