What is the current annual operating margin of MMM?

As of today, MMM annual operating margin is 19.20%

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

MMM annual operating margin is down -4.33% year-over-year

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

MMM annual operating margin is up +61.34% over the past 3 years

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

MMM annual operating margin is currently -19.09% below its historical high of 23.73% set on December 31, 2018

How does MMM annual operating margin rank versus sector peers?

MMM annual operating margin is higher than 86.37% of companies in Industrials sector

When is MMM next annual earnings release?

As of today, the next annual earnings release for MMM has not been scheduled

What is the current quarterly operating margin of MMM?

As of today, MMM quarterly operating margin is 21.46%

What is MMM quarterly operating margin most recent change?

MMM quarterly operating margin was down -10.69% on June 30, 2026

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

MMM quarterly operating margin is up +23.55% year-over-year

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

MMM quarterly operating margin is currently -75.17% below its historical high of 86.44% set on December 31, 2023

How does MMM quarterly operating margin rank versus sector peers?

MMM quarterly operating margin is higher than 86.73% of companies in Industrials sector

When is MMM next earnings release?

The next earnings release for MMM is on October 20, 2026

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

Annual Operating Margin

19.20%0.87%-4.33%

December 31, 2025

Summary

Current Value: As of today, MMM annual operating margin is 19.20%, down -4.33% on December 31, 2025
Historical Performance: MMM annual operating margin is up +61.34% over the past 3 years, down -11.19% over the past 5 years
All-Time High Comparison: MMM annual operating margin is currently -19.09% below its historical high of 23.73% set on December 31, 2018
3-Year Low Comparison: MMM annual operating margin is +61.34% above its 3-year low of 11.90% reached on an earlier date
Sector Comparison: MMM annual operating margin is higher than 86.37% of companies in Industrials sector

Operating Margin Chart

beforeafter

Performance

MMM Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Operating Margin	Dec 31, 25	19.20%	-4.3%	+61.3%	-11.2%	-14.5%
Quarterly Operating Margin	Jun 30, 26	21.46%	+23.6%	+22.2%	-5.0%	-3.0%
Price	Aug 10, 26	$182.04	+17.2%	+108.2%	+8.0%	+168.1%
PE Ratio	Aug 10, 26	32.32	+49.6%	–	+96.0%	+180.8%
Annual Revenue	Dec 31, 25	$24.95B	+1.5%	-27.1%	-22.5%	-6.4%
Annual Operating Profit	Dec 31, 25	$4.79B	-2.8%	+17.6%	-31.1%	-20.0%
Annual Gross Margin	Dec 31, 25	39.91%	-2.7%	-8.7%	-17.7%	-17.5%
Annual Net Margin	Dec 31, 25	13.08%	-20.1%	-22.7%	-22.8%	-16.2%

Operating Margin Highs

MMM Annual Operating Margin Highs Comparison
Period	High	Date	Current
3Y	20.07%	Dec 31, 24	-4.3%
5Y	21.62%	N/A	-11.2%
All	23.73%	Dec 31, 18	-19.1%

Operating Margin Lows

MMM Annual Operating Margin Lows Comparison
Period	Low	Date	Current
3Y	11.90%	N/A	+61.3%
5Y	11.90%	Dec 31, 22	+61.3%
All	11.90%	Dec 31, 22	+61.3%

Operating Margin History

Year	Value	Change
2025	19.20%	-4.3%
2024	20.07%	+22.1%
2023	16.44%	+38.2%
2022	11.90%	-44.1%
2021	21.29%	-1.5%
2020	21.62%	-0.4%
2019	21.70%	-8.6%
2018	23.73%	+3.9%
2017	22.83%	-2.1%
2016	23.31%	+2.7%
2015	22.70%	+1.4%
2014	22.38%	+3.8%
2013	21.57%	-0.4%
2012	21.66%	+2.5%
2011	21.13%	-5.9%
2010	22.46%	+4.2%
2009	21.56%	-1.1%
2008	21.80%	-1.0%
2007	22.01%	-2.2%
2006	22.50%	-2.5%
2005	23.07%	+0.8%
2004	22.88%	+9.6%
2003	20.88%	+5.0%

Year	Value	Change
2002	19.89%	+40.5%
2001	14.16%	-23.1%
2000	18.42%	+1.0%
1999	18.23%	+8.1%
1998	16.86%	-5.0%
1997	17.75%	+1.4%
1996	17.50%	+6.1%
1995	16.50%	+10.5%
1994	14.93%	+7.0%
1993	13.95%	+3.9%
1992	13.43%	-8.6%
1991	14.69%	-12.7%
1990	16.83%	-6.1%
1989	17.93%	+0.7%
1988	17.80%	+6.3%
1987	16.74%	+2.1%
1986	16.39%	+11.8%
1985	14.66%	-12.2%
1984	16.69%	+3.2%
1983	16.18%	+1.9%
1982	15.88%	-11.6%
1981	17.96%	-9.0%
1980	19.73%	-

FAQ

What is the current annual operating margin of MMM?: As of today, MMM annual operating margin is 19.20%
What is 1-year change in MMM annual operating margin?: MMM annual operating margin is down -4.33% year-over-year
What is 3-year change in MMM annual operating margin?: MMM annual operating margin is up +61.34% over the past 3 years
How far is MMM annual operating margin from its all-time high?: MMM annual operating margin is currently -19.09% below its historical high of 23.73% set on December 31, 2018
How does MMM annual operating margin rank versus sector peers?: MMM annual operating margin is higher than 86.37% of companies in Industrials sector
When is MMM next annual earnings release?: As of today, the next annual earnings release for MMM has not been scheduled

Operating Margin Formula

Operating Profit Margin = Operating Income

Revenue × 100%

Quarterly Operating Margin

21.46%2.57%-10.69%

June 30, 2026

Summary

Current Value: As of today, MMM quarterly operating margin is 21.46%, down -10.69% on June 30, 2026
Historical Performance: MMM quarterly operating margin is up +23.55% year-over-year, up +22.21% over the past 3 years
All-Time High Comparison: MMM quarterly operating margin is currently -75.17% below its historical high of 86.44% set on December 31, 2023
3-Year Low Comparison: MMM quarterly operating margin is +143.14% above its 3-year low of -49.74% reached on September 30, 2023
Sector Comparison: MMM quarterly operating margin is higher than 86.73% of companies in Industrials sector

Performance

MMM Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Operating Margin	Jun 30, 26	21.46%	-10.7%	+23.6%	+22.2%	-5.0%
Annual Operating Margin	Dec 31, 25	19.20%	–	-4.3%	+61.3%	-11.2%
Price	Aug 10, 26	$182.04	+27.0%	+17.2%	+108.2%	+8.0%
PE Ratio	Aug 10, 26	32.32	+16.9%	+49.6%	–	+96.0%
Quarterly Revenue	Jun 30, 26	$6.50B	+7.8%	+2.5%	+3.5%	-27.4%
Quarterly Operating Profit	Jun 30, 26	$1.32B	-8.9%	+19.8%	+19.7%	-34.8%
Quarterly Gross Margin	Jun 30, 26	41.29%	+1.4%	-1.1%	+1.4%	-13.1%
Quarterly Net Margin	Jun 30, 26	14.43%	+32.0%	+26.3%	+112.7%	-15.3%

Quarterly Operating Margin Highs

MMM Quarterly Operating Margin Highs Comparison
Period	High	Date	Current
1Y	24.74%	Sep 30, 25	-13.3%
3Y	86.44%	Dec 31, 23	-75.2%
5Y	86.44%	Dec 31, 23	-75.2%
All	86.44%	Dec 31, 23	-75.2%

Quarterly Operating Margin Lows

MMM Quarterly Operating Margin Lows Comparison
Period	Low	Date	Current
1Y	13.01%	Dec 31, 25	+65.0%
3Y	-49.74%	Sep 30, 23	+143.1%
5Y	-49.74%	Sep 30, 23	+143.1%
All	-241.44%	Dec 1, 84	+108.9%

Quarterly Operating Margin History

Month	Value	Change
Jun 2026	21.46%	-10.7%
Mar 2026	24.03%	+84.7%
Dec 2025	13.01%	-47.4%
Sep 2025	24.74%	+42.4%
Jun 2025	17.37%	-15.1%
Mar 2025	20.46%	+12.5%
Dec 2024	18.19%	-14.1%
Sep 2024	21.18%	+4.1%
Jun 2024	20.35%	-0.3%
Mar 2024	20.41%	-76.4%
Dec 2023	86.44%	+273.8%
Sep 2023	-49.74%	-383.3%
Jun 2023	17.56%	+12.6%
Mar 2023	15.59%	+53.4%
Dec 2022	10.16%	-39.3%
Sep 2022	16.74%	+946.3%
Jun 2022	1.60%	-91.5%
Mar 2022	18.91%	-0.6%
Dec 2021	19.03%	-8.2%
Sep 2021	20.72%	-8.3%
Jun 2021	22.60%	-0.8%
Mar 2021	22.78%	+6.1%
Dec 2020	21.48%	-4.8%
Sep 2020	22.57%	+22.5%
Jun 2020	18.42%	-9.0%
Mar 2020	20.24%	+0.8%
Dec 2019	20.08%	-14.5%
Sep 2019	23.48%	+7.4%
Jun 2019	21.86%	+3.2%
Mar 2019	21.19%	-5.9%
Dec 2018	22.53%	-10.0%
Sep 2018	25.04%	+9.5%
Jun 2018	22.86%	-1.4%
Mar 2018	23.19%	+13.6%
Dec 2017	20.41%	-16.9%
Sep 2017	24.55%	+14.2%
Jun 2017	21.49%	-4.3%
Mar 2017	22.46%	+2.9%
Dec 2016	21.83%	-10.5%
Sep 2016	24.40%	+1.8%
Jun 2016	23.96%	+4.3%
Mar 2016	22.97%	+8.3%
Dec 2015	21.21%	-10.2%
Sep 2015	23.61%	+0.8%
Jun 2015	23.42%	+4.3%
Mar 2015	22.46%	+5.4%
Dec 2014	21.30%	-8.8%
Sep 2014	23.36%	+2.0%
Jun 2014	22.90%	+4.8%
Mar 2014	21.85%	+4.8%
Dec 2013	20.85%	-6.0%
Sep 2013	22.17%	+2.1%
Jun 2013	21.72%	+0.9%
Mar 2013	21.52%	+11.0%
Dec 2012	19.39%	-13.9%
Sep 2012	22.52%	-0.4%
Jun 2012	22.62%	+2.5%
Mar 2012	22.07%	+14.3%
Dec 2011	19.31%	-8.5%
Sep 2011	21.11%	-4.6%
Jun 2011	22.12%	+1.1%
Mar 2011	21.88%	+12.4%
Dec 2010	19.47%	-17.0%
Sep 2010	23.45%	-0.3%
Jun 2010	23.52%	+0.3%
Mar 2010	23.44%	+4.0%
Dec 2009	22.53%	-7.1%
Sep 2009	24.24%	+8.1%
Jun 2009	22.43%	+27.8%
Mar 2009	17.55%	-0.6%
Dec 2008	17.66%	-26.3%
Sep 2008	23.96%	+8.4%
Jun 2008	22.10%	-5.8%
Mar 2008	23.47%	+11.3%
Dec 2007	21.08%	-9.1%
Sep 2007	23.20%	+4.5%
Jun 2007	22.21%	-1.0%

Month	Value	Change
Mar 2007	22.44%	+75.6%
Dec 2006	12.78%	-44.4%
Sep 2006	22.99%	+11.3%
Jun 2006	20.66%	-14.9%
Mar 2006	24.27%	+6.7%
Dec 2005	22.74%	-3.4%
Sep 2005	23.54%	-3.2%
Jun 2005	24.33%	+9.0%
Mar 2005	22.32%	+4.1%
Dec 2004	21.45%	-9.9%
Sep 2004	23.81%	+0.6%
Jun 2004	23.66%	+4.6%
Mar 2004	22.62%	+13.3%
Dec 2003	19.97%	-10.5%
Sep 2003	22.31%	+6.4%
Jun 2003	20.96%	+3.6%
Mar 2003	20.24%	-8.7%
Dec 2002	22.16%	+7.9%
Sep 2002	20.54%	+2.5%
Jun 2002	20.04%	+1.6%
Mar 2002	19.72%	+108.2%
Dec 2001	9.47%	-45.5%
Sep 2001	17.37%	-3.1%
Jun 2001	17.92%	-1.7%
Mar 2001	18.23%	+4.6%
Dec 2000	17.43%	-9.4%
Sep 2000	19.24%	+4.6%
Jun 2000	18.39%	-2.6%
Mar 2000	18.88%	+2.7%
Dec 1999	18.39%	-3.9%
Sep 1999	19.14%	+5.6%
Jun 1999	18.12%	+5.4%
Mar 1999	17.19%	+11.8%
Dec 1998	15.38%	-7.9%
Sep 1998	16.70%	-1.8%
Jun 1998	17.00%	-7.5%
Mar 1998	18.38%	+14.3%
Dec 1997	16.08%	-12.2%
Sep 1997	18.32%	+1.5%
Jun 1997	18.05%	-2.5%
Mar 1997	18.52%	+6.7%
Dec 1996	17.36%	-1.4%
Sep 1996	17.61%	-1.2%
Jun 1996	17.83%	+3.7%
Mar 1996	17.19%	+8.0%
Dec 1995	15.92%	-6.4%
Sep 1995	17.00%	-0.6%
Jun 1995	17.11%	-6.5%
Mar 1995	18.30%	-57.9%
Dec 1994	43.51%	+189.5%
Sep 1994	15.03%	-0.5%
Jun 1994	15.11%	-0.1%
Mar 1994	15.12%	-73.6%
Dec 1993	57.28%	+338.3%
Sep 1993	13.07%	-10.4%
Jun 1993	14.58%	-3.3%
Mar 1993	15.07%	+11.7%
Dec 1992	13.49%	-8.7%
Sep 1992	14.78%	-3.0%
Jun 1992	15.24%	+9.7%
Mar 1992	13.89%	+4.1%
Dec 1991	13.34%	-8.9%
Sep 1991	14.65%	-6.4%
Jun 1991	15.65%	+4.0%
Mar 1991	15.05%	+7.8%
Dec 1990	13.96%	-18.0%
Sep 1990	17.02%	-5.9%
Jun 1990	18.09%	-1.1%
Mar 1990	18.30%	+9.2%
Dec 1989	16.76%	-5.8%
Sep 1989	17.80%	+107.5%
Dec 1988	-237.26%	-2.9%
Dec 1987	-230.57%	+4.1%
Dec 1986	-240.53%	+0.2%
Dec 1985	-241.11%	+0.1%
Dec 1984	-241.44%	-

FAQ

What is the current quarterly operating margin of MMM?: As of today, MMM quarterly operating margin is 21.46%
What is MMM quarterly operating margin most recent change?: MMM quarterly operating margin was down -10.69% on June 30, 2026
What is 1-year change in MMM quarterly operating margin?: MMM quarterly operating margin is up +23.55% year-over-year
How far is MMM quarterly operating margin from its all-time high?: MMM quarterly operating margin is currently -75.17% below its historical high of 86.44% set on December 31, 2023
How does MMM quarterly operating margin rank versus sector peers?: MMM quarterly operating margin is higher than 86.73% of companies in Industrials sector
When is MMM next earnings release?: The next earnings release for MMM is on October 20, 2026

Operating Margin Formula

Operating Profit Margin = Operating Income

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