3M CO (MMM) closed fiscal year 2025 with a gross margin of 39.9 % and a net margin of 13.0 %.
3M CO (MMM) closed fiscal year 2025 with a gross margin of 39.9 % and a net margin of 13.0 %. The same year shows an EBITDA margin of 23.8 % and an EBIT margin of 18.6 %. The free cash flow margin was 5.6 %. Against the previous year the gross margin moved −1.3 pp and the net margin −4.0 pp. Across the period the gross margin ranges between 39.1 % in 2023 and 49.8 % in 2016. The series covers 19 fiscal years, from 2007 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | 47.94 % | 47.05 % | 47.63 % | 48.12 % | 47.00 % | 47.55 % | 47.83 % | 48.31 % | 49.19 % | 49.79 % | 49.28 % | 49.09 % | 46.68 % | 48.41 % | 46.84 % | 39.40 % | 39.12 % | 41.21 % | 39.91 % |
| EBITDA margin (%) | 29.70 % | 25.21 % | 25.82 % | 26.40 % | 25.04 % | 25.99 % | 26.03 % | 26.85 % | 27.68 % | 28.23 % | 29.18 % | 26.54 % | 24.17 % | 28.19 % | 26.26 % | 23.70 % | -35.36 % | 25.17 % | 23.80 % |
| EBIT margin (%) | 25.32 % | 20.65 % | 20.82 % | 22.20 % | 20.86 % | 21.68 % | 21.59 % | 22.42 % | 22.94 % | 23.34 % | 24.30 % | 22.00 % | 19.21 % | 22.25 % | 20.84 % | 16.70 % | -43.43 % | 19.62 % | 18.55 % |
| Net margin (%) | 16.74 % | 13.69 % | 13.81 % | 15.32 % | 14.46 % | 14.86 % | 15.09 % | 15.57 % | 15.96 % | 16.77 % | 15.35 % | 16.33 % | 14.06 % | 16.93 % | 16.75 % | 22.08 % | -28.42 % | 16.98 % | 13.03 % |
| FCF margin (%) | 11.54 % | 12.12 % | 17.46 % | 15.31 % | 13.19 % | 12.76 % | 13.45 % | 16.13 % | 16.38 % | 17.41 % | 15.37 % | 14.84 % | 16.71 % | 20.54 % | 16.55 % | 14.69 % | 20.58 % | 2.60 % | 5.60 % |
