What is the current annual gross margin of MMM?

As of today, MMM annual gross margin is 39.91%

What is 1-year change in MMM annual gross margin?

MMM annual gross margin is down -2.71% year-over-year

What is 3-year change in MMM annual gross margin?

MMM annual gross margin is down -8.71% over the past 3 years

How far is MMM annual gross margin from its all-time high?

MMM annual gross margin is currently -21.48% below its historical high of 50.83% set on December 31, 2005

How does MMM annual gross margin rank versus sector peers?

MMM annual gross margin is higher than 81.75% of companies in Industrials sector

When is MMM next annual earnings release?

The next annual earnings release for MMM is on January 19, 2027

What is the current quarterly gross margin of MMM?

As of today, MMM quarterly gross margin is 42.28%

What is MMM quarterly gross margin most recent change?

MMM quarterly gross margin was up +2.40% on September 30, 2026

What is 1-year change in MMM quarterly gross margin?

MMM quarterly gross margin is up +0.96% year-over-year

How far is MMM quarterly gross margin from its all-time high?

MMM quarterly gross margin is currently -50.67% below its historical high of 85.71% set on December 31, 1994

How does MMM quarterly gross margin rank versus sector peers?

MMM quarterly gross margin is higher than 82.32% of companies in Industrials sector

When is MMM next earnings release?

The next earnings release for MMM is on January 19, 2027

3M Company (MMM) Gross Margin History & Chart Since 1980

Annual Gross Margin

39.91%1.11%-2.71%

December 31, 2025

Summary

Current Value: As of today, MMM annual gross margin is 39.91%, down -2.71% on December 31, 2025
Historical Performance: MMM annual gross margin is down -8.71% over the past 3 years, down -17.68% over the past 5 years
All-Time High Comparison: MMM annual gross margin is currently -21.48% below its historical high of 50.83% set on December 31, 2005
3-Year Low Comparison: MMM annual gross margin is +2.60% above its 3-year low of 38.90% reached on December 31, 2023
Sector Comparison: MMM annual gross margin is higher than 81.75% of companies in Industrials sector

Gross Margin Chart

beforeafter

Performance

MMM Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Gross Margin	Dec 31, 25	39.91%	-2.7%	-8.7%	-17.7%	-17.5%
Quarterly Gross Margin	Sep 30, 26	42.28%	+1.0%	+5.6%	-8.0%	-9.4%
Price	Oct 30, 26	$174.34	+4.7%	+132.9%	+16.7%	+157.4%
PE Ratio	Oct 30, 26	25.98	-2.3%	–	+77.6%	+125.9%
Annual Revenue	Dec 31, 25	$24.95B	+1.5%	-27.1%	-22.5%	-6.4%
Annual Gross Profit	Dec 31, 25	$9.96B	-1.2%	-33.5%	-36.2%	-22.8%
Annual Operating Margin	Dec 31, 25	19.20%	-4.3%	+61.3%	-11.2%	-14.5%
Annual Net Margin	Dec 31, 25	13.08%	-20.1%	-22.7%	-22.8%	-16.2%

Gross Margin Highs

MMM Annual Gross Margin Highs Comparison
Period	High	Date	Current
3Y	43.72%	N/A	-8.7%
5Y	48.48%	N/A	-17.7%
All	50.83%	Dec 31, 05	-21.5%

Gross Margin Lows

MMM Annual Gross Margin Lows Comparison
Period	Low	Date	Current
3Y	38.90%	Dec 31, 23	+2.6%
5Y	38.90%	Dec 31, 23	+2.6%
All	32.20%	Dec 31, 93	+23.9%

Gross Margin History

Year	Value	Change
2025	39.91%	-2.7%
2024	41.02%	+5.4%
2023	38.90%	-11.0%
2022	43.72%	-7.0%
2021	46.99%	-3.1%
2020	48.48%	+1.8%
2019	47.63%	-3.6%
2018	49.41%	-0.1%
2017	49.47%	-0.5%
2016	49.74%	+2.1%
2015	48.70%	+0.9%
2014	48.26%	+0.9%
2013	47.81%	+0.6%
2012	47.53%	+0.6%
2011	47.27%	-2.3%
2010	48.39%	+0.9%
2009	47.95%	+0.7%
2008	47.62%	-1.3%
2007	48.23%	-2.5%
2006	49.46%	-2.7%
2005	50.83%	+1.2%
2004	50.24%	+2.4%
2003	49.07%	+0.7%

Year	Value	Change
2002	48.72%	+25.8%
2001	38.72%	-20.5%
2000	48.70%	+12.0%
1999	43.47%	+18.3%
1998	36.74%	-2.7%
1997	37.76%	+1.2%
1996	37.31%	+1.6%
1995	36.74%	+9.0%
1994	33.70%	+4.7%
1993	32.20%	-1.4%
1992	32.65%	+1.0%
1991	32.33%	-6.8%
1990	34.68%	-2.9%
1989	35.72%	-15.6%
1988	42.30%	+1.9%
1987	41.53%	+1.3%
1986	41.01%	+3.8%
1985	39.51%	-3.2%
1984	40.83%	-0.1%
1983	40.86%	-0.5%
1982	41.05%	-3.8%
1981	42.67%	-3.6%
1980	44.26%	-

FAQ

What is the current annual gross margin of MMM?: As of today, MMM annual gross margin is 39.91%
What is 1-year change in MMM annual gross margin?: MMM annual gross margin is down -2.71% year-over-year
What is 3-year change in MMM annual gross margin?: MMM annual gross margin is down -8.71% over the past 3 years
How far is MMM annual gross margin from its all-time high?: MMM annual gross margin is currently -21.48% below its historical high of 50.83% set on December 31, 2005
How does MMM annual gross margin rank versus sector peers?: MMM annual gross margin is higher than 81.75% of companies in Industrials sector
When is MMM next annual earnings release?: The next annual earnings release for MMM is on January 19, 2027

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Quarterly Gross Margin

42.28%0.99%+2.40%

September 30, 2026

Summary

Current Value: As of today, MMM quarterly gross margin is 42.28%, up +2.40% on September 30, 2026
Historical Performance: MMM quarterly gross margin is up +0.96% year-over-year, up +5.57% over the past 3 years
All-Time High Comparison: MMM quarterly gross margin is currently -50.67% below its historical high of 85.71% set on December 31, 1994
3-Year Low Comparison: MMM quarterly gross margin is +25.76% above its 3-year low of 33.62% reached on December 31, 2025
Sector Comparison: MMM quarterly gross margin is higher than 82.32% of companies in Industrials sector

Performance

MMM Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Gross Margin	Sep 30, 26	42.28%	+2.4%	+1.0%	+5.6%	-8.0%
Annual Gross Margin	Dec 31, 25	39.91%	–	-2.7%	-8.7%	-17.7%
Price	Oct 30, 26	$174.34	-1.0%	+4.7%	+132.9%	+16.7%
PE Ratio	Oct 30, 26	25.98	-16.9%	-2.3%	–	+77.6%
Quarterly Revenue	Sep 30, 26	$6.58B	+1.3%	+1.0%	+5.0%	-26.4%
Quarterly Gross Profit	Sep 30, 26	$2.78B	+3.7%	+2.0%	+10.9%	-32.3%
Quarterly Operating Margin	Sep 30, 26	23.95%	+11.6%	-3.2%	+148.2%	+15.6%
Quarterly Net Margin	Sep 30, 26	21.42%	+48.4%	+66.0%	+153.2%	+33.3%

Quarterly Gross Margin Highs

MMM Quarterly Gross Margin Highs Comparison
Period	High	Date	Current
1Y	42.28%	Sep 30, 26	at high
3Y	42.40%	Jun 30, 24	-0.3%
5Y	45.96%	N/A	-8.0%
All	85.71%	Dec 31, 94	-50.7%

Quarterly Gross Margin Lows

MMM Quarterly Gross Margin Lows Comparison
Period	Low	Date	Current
1Y	33.62%	Dec 31, 25	+25.8%
3Y	33.62%	Dec 31, 25	+25.8%
5Y	33.62%	Dec 31, 25	+25.8%
All	-36.89%	Dec 31, 93	+214.6%

Quarterly Gross Margin History

Month	Value	Change
Sep 2026	42.28%	+2.4%
Jun 2026	41.29%	+1.4%
Mar 2026	40.73%	+21.1%
Dec 2025	33.62%	-19.7%
Sep 2025	41.88%	+0.3%
Jun 2025	41.76%	+2.1%
Mar 2025	40.91%	+8.2%
Dec 2024	37.80%	-10.0%
Sep 2024	41.99%	-1.0%
Jun 2024	42.40%	+1.7%
Mar 2024	41.71%	+12.8%
Dec 2023	36.97%	-7.7%
Sep 2023	40.05%	-1.6%
Jun 2023	40.71%	-3.6%
Mar 2023	42.25%	+0.0%
Dec 2022	42.23%	-6.7%
Sep 2022	45.27%	+8.3%
Jun 2022	41.81%	-8.0%
Mar 2022	45.46%	-0.2%
Dec 2021	45.53%	-0.9%
Sep 2021	45.96%	-3.2%
Jun 2021	47.50%	-3.0%
Mar 2021	48.98%	+0.3%
Dec 2020	48.82%	+1.3%
Sep 2020	48.18%	+3.5%
Jun 2020	46.54%	-4.6%
Mar 2020	48.78%	+1.4%
Dec 2019	48.10%	+1.8%
Sep 2019	47.23%	+0.3%
Jun 2019	47.09%	-1.7%
Mar 2019	47.90%	-2.2%
Dec 2018	48.99%	-0.6%
Sep 2018	49.29%	-1.2%
Jun 2018	49.89%	+1.2%
Mar 2018	49.31%	+0.9%
Dec 2017	48.87%	-2.9%
Sep 2017	50.31%	+4.1%
Jun 2017	48.35%	-2.1%
Mar 2017	49.41%	+0.1%
Dec 2016	49.38%	-0.8%
Sep 2016	49.80%	-0.5%
Jun 2016	50.03%	+0.6%
Mar 2016	49.74%	+5.4%
Dec 2015	47.20%	-3.7%
Sep 2015	49.01%	-0.5%
Jun 2015	49.28%	+0.1%
Mar 2015	49.21%	+3.4%
Dec 2014	47.60%	-1.5%
Sep 2014	48.32%	-0.7%
Jun 2014	48.65%	+0.4%
Mar 2014	48.46%	+2.1%
Dec 2013	47.46%	-0.7%
Sep 2013	47.80%	-0.4%
Jun 2013	48.00%	+0.1%
Mar 2013	47.97%	+4.7%
Dec 2012	45.82%	-3.8%
Sep 2012	47.65%	-1.4%
Jun 2012	48.31%	+0.0%
Mar 2012	48.29%	+4.7%
Dec 2011	46.13%	-1.1%
Sep 2011	46.65%	-2.8%
Jun 2011	47.97%	-0.7%
Mar 2011	48.30%	+3.2%
Dec 2010	46.79%	-3.3%
Sep 2010	48.40%	-0.8%
Jun 2010	48.77%	-1.8%
Mar 2010	49.67%	+2.4%
Dec 2009	48.51%	-1.3%
Sep 2009	49.15%	+0.9%
Jun 2009	48.71%	+5.2%
Mar 2009	46.32%	+2.7%
Dec 2008	45.11%	-6.4%
Sep 2008	48.19%	+0.0%
Jun 2008	48.17%	-0.9%
Mar 2008	48.63%	+3.4%

Month	Value	Change
Dec 2007	47.05%	-1.4%
Sep 2007	47.73%	-2.3%
Jun 2007	48.84%	-1.0%
Mar 2007	49.35%	+8.8%
Dec 2006	45.36%	-7.5%
Sep 2006	49.04%	-2.1%
Jun 2006	50.07%	-2.1%
Mar 2006	51.17%	+0.7%
Dec 2005	50.82%	-0.4%
Sep 2005	51.04%	-0.1%
Jun 2005	51.10%	+0.9%
Mar 2005	50.66%	+4.1%
Dec 2004	48.67%	-3.7%
Sep 2004	50.55%	-1.0%
Jun 2004	51.08%	+0.8%
Mar 2004	50.68%	+4.5%
Dec 2003	48.52%	-2.4%
Sep 2003	49.70%	+0.9%
Jun 2003	49.28%	+1.0%
Mar 2003	48.80%	-0.2%
Dec 2002	48.91%	-0.1%
Sep 2002	48.95%	+0.8%
Jun 2002	48.57%	+0.3%
Mar 2002	48.43%	+4.4%
Dec 2001	46.41%	-0.9%
Sep 2001	46.84%	-2.2%
Jun 2001	47.90%	+0.0%
Mar 2001	47.89%	-22.7%
Dec 2000	61.97%	+39.4%
Sep 2000	44.47%	+1.8%
Jun 2000	43.68%	-0.9%
Mar 2000	44.08%	-36.9%
Dec 1999	69.90%	+60.2%
Sep 1999	43.63%	+0.6%
Jun 1999	43.36%	+1.5%
Mar 1999	42.74%	+5.9%
Dec 1998	40.37%	-3.5%
Sep 1998	41.85%	-1.9%
Jun 1998	42.65%	-13.2%
Mar 1998	49.11%	+17.6%
Dec 1997	41.77%	-3.3%
Sep 1997	43.20%	-0.7%
Jun 1997	43.52%	-0.5%
Mar 1997	43.75%	+1.0%
Dec 1996	43.31%	+1.0%
Sep 1996	42.89%	-1.7%
Jun 1996	43.61%	+2.3%
Mar 1996	42.62%	+3.4%
Dec 1995	41.21%	-2.7%
Sep 1995	42.37%	-1.6%
Jun 1995	43.08%	-1.8%
Mar 1995	43.89%	-48.8%
Dec 1994	85.71%	+112.9%
Sep 1994	40.26%	-0.4%
Jun 1994	40.43%	+0.3%
Mar 1994	40.31%	+209.3%
Dec 1993	-36.89%	-181.5%
Sep 1993	45.27%	-4.2%
Jun 1993	47.26%	+0.3%
Mar 1993	47.14%	-4.8%
Dec 1992	49.51%	+4.8%
Sep 1992	47.22%	-0.4%
Jun 1992	47.40%	+1.3%
Mar 1992	46.77%	-0.5%
Dec 1991	46.99%	+2.1%
Sep 1991	46.03%	-3.4%
Jun 1991	47.63%	+1.8%
Mar 1991	46.80%	+6.5%
Dec 1990	43.93%	-7.7%
Sep 1990	47.59%	-2.4%
Jun 1990	48.76%	+0.4%
Mar 1990	48.58%	+6.1%
Dec 1989	45.77%	-5.0%
Sep 1989	48.16%	-

FAQ

What is the current quarterly gross margin of MMM?: As of today, MMM quarterly gross margin is 42.28%
What is MMM quarterly gross margin most recent change?: MMM quarterly gross margin was up +2.40% on September 30, 2026
What is 1-year change in MMM quarterly gross margin?: MMM quarterly gross margin is up +0.96% year-over-year
How far is MMM quarterly gross margin from its all-time high?: MMM quarterly gross margin is currently -50.67% below its historical high of 85.71% set on December 31, 1994
How does MMM quarterly gross margin rank versus sector peers?: MMM quarterly gross margin is higher than 82.32% of companies in Industrials sector
When is MMM next earnings release?: The next earnings release for MMM is on January 19, 2027

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Data Sources & References

MMM Official Website www.3m.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/66740/000006674026000003/0000066740-26-000003-index.htm
MMM Profile on Yahoo Finance finance.yahoo.com/quote/MMM
MMM Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/mmm