3M Gross Margin 2010-2025 | MMM
- 3M average gross margin for 2024 was 39.72%, a 5.33% increase from 2023.
- 3M average gross margin for 2023 was 37.71%, a 13.41% increase from 2022.
- 3M average gross margin for 2022 was 43.55%, a 8.91% decline from 2021.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.