What is 3M's EBITDA margin?

Latest reported EBITDA margin for 3M (MMM) is 20.07% as of the trailing twelve months (TTM) ending March 31, 2026.

How has 3M EBITDA margin changed year-over-year?

3M (MMM) EBITDA margin changed −5.9 percentage points year-over-year on the latest annual filing.

When did 3M EBITDA margin hit its highest annual value?

3M EBITDA margin reached its highest annual value of 30.24% in 2007.

What was 3M EBITDA margin in 2024?

3M (MMM) EBITDA margin in 2024 was 29.40%.

What was 3M EBITDA margin in 2025?

3M (MMM) EBITDA margin in 2025 was 23.45%.

3M (MMM) EBITDA Margin — Annual & Quarterly %

TTM

20.1%

YoY change

−5.95pp

Trough year (2023)

-36.2%

Peak year (2007)

30.2%

EBITDA Margin history chart for 3M (MMM) from 1985 to 2025

Latest: 23.5%

EBITDA Margin change chart for 3M (MMM) from 1985 to 2025

Latest: −5.95pp

EBITDA Margin history table for 3M (MMM) from 1985 to 2025


2025	23.5%	-5.95pp	Dec 31, 2025	Feb 3, 2026
2024	29.4%	+65.59pp	Dec 31, 2024	Feb 5, 2025
2023	-36.2%	-61.67pp	Dec 31, 2023	Feb 7, 2024
2022	25.5%	-1.61pp	Dec 31, 2022	Feb 8, 2023
2021	27.1%	-1.68pp	Dec 31, 2021	Feb 9, 2022
2020	28.8%	+4.70pp	Dec 31, 2020	Feb 4, 2021
2019	24.1%	-2.57pp	Dec 31, 2019	Feb 6, 2020
2018	26.6%	-2.35pp	Dec 31, 2018	Feb 7, 2019
2017	29.0%	-0.02pp	Dec 31, 2017	Feb 8, 2018
2016	29.0%	+0.97pp	Dec 31, 2016	Feb 9, 2017
2015	28.0%	+1.21pp	Dec 31, 2015	Feb 11, 2016
2014	26.8%	+1.12pp	Dec 31, 2014	Feb 12, 2015
2013	25.7%	-0.59pp	Dec 31, 2013	Feb 13, 2014
2012	26.3%	+1.22pp	Dec 31, 2012	Feb 14, 2013
2011	25.1%	-1.53pp	Dec 31, 2011	Feb 16, 2012
2010	26.6%	+0.88pp	Dec 31, 2010	Feb 16, 2011
2009	25.7%	+0.09pp	Dec 31, 2009	Feb 16, 2010
2008	25.6%	-4.61pp	Dec 31, 2008	Feb 17, 2009
2007	30.2%	+0.46pp	Dec 31, 2007	Feb 15, 2008
2006	29.8%	+1.92pp	Dec 31, 2006	Feb 26, 2007
2005	27.9%	-0.24pp	Dec 31, 2005	Feb 21, 2006
2004	28.1%	+2.29pp	Dec 31, 2004	Feb 24, 2005
2003	25.8%	+1.31pp	Dec 31, 2003	Mar 2, 2004
2002	24.5%	+3.58pp	Dec 31, 2002	Mar 10, 2003
2001	20.9%	-3.50pp	Dec 31, 2001	Mar 11, 2002
2000	24.4%	-0.21pp	Dec 31, 2000	Feb 20, 2001
1999	24.6%	+5.29pp	Dec 31, 1999	Feb 18, 2000
1998	19.3%	-4.18pp	Dec 31, 1998	Feb 12, 1999
1997	23.5%	-0.18pp	Dec 31, 1997	Mar 27, 1998
1996	23.7%	+0.82pp	Dec 31, 1996	Mar 11, 1997
1995	22.9%	+0.65pp	Dec 31, 1995	Mar 11, 1996
1994	22.2%	+0.60pp	Dec 31, 1994	Mar 6, 1995
1993	21.6%	-0.57pp	Dec 31, 1993	Mar 11, 1994
1992	22.2%	+0.24pp	Dec 31, 1992	Dec 31, 1992
1991	21.9%	-0.88pp	Dec 31, 1991	Dec 31, 1991
1990	22.8%	-0.95pp	Dec 31, 1990	Dec 31, 1990
1989	23.8%	+0.00pp	Dec 31, 1989	Dec 31, 1989
1988	23.8%	+1.05pp	Dec 31, 1988	Dec 31, 1988
1987	22.7%	+0.43pp	Dec 31, 1987	Dec 31, 1987
1986	22.3%	+1.97pp	Dec 31, 1986	Dec 31, 1986
1985	20.3%	—	Dec 31, 1985	Dec 31, 1985

202523.5%-5.95pp
202429.4%+65.59pp
2023-36.2%-61.67pp
202225.5%-1.61pp
202127.1%-1.68pp
202028.8%+4.70pp
201924.1%-2.57pp
201826.6%-2.35pp
201729.0%-0.02pp
201629.0%+0.97pp
201528.0%+1.21pp
201426.8%+1.12pp
201325.7%-0.59pp
201226.3%+1.22pp
201125.1%-1.53pp
201026.6%+0.88pp
200925.7%+0.09pp
200825.6%-4.61pp
200730.2%+0.46pp
200629.8%+1.92pp
200527.9%-0.24pp
200428.1%+2.29pp
200325.8%+1.31pp
200224.5%+3.58pp
200120.9%-3.50pp
200024.4%-0.21pp
199924.6%+5.29pp
199819.3%-4.18pp
199723.5%-0.18pp
199623.7%+0.82pp
199522.9%+0.65pp
199422.2%+0.60pp
199321.6%-0.57pp
199222.2%+0.24pp
199121.9%-0.88pp
199022.8%-0.95pp
198923.8%+0.00pp
198823.8%+1.05pp
198722.7%+0.43pp
198622.3%+1.97pp
198520.3%—

EBITDA Margin values are taken from 3M's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About EBITDA Margin at 3M (MMM)

According to 3M's latest reported financial statements, the company's latest reported EBITDA margin is 20.1%. EBITDA margin is EBITDA divided by revenue — earnings before interest, taxes, depreciation, and amortization as a percentage of sales. By stripping out non-cash charges and capital-structure effects, it approximates operating cash profitability and is widely used to compare companies with different asset bases and leverage.

Headline figure above is from the reporting period ending March 31, 2026 (reported April 21, 2026). Chart and table below cover the full reported history back to 1985.

In 2025, 3M (MMM) EBITDA margin totalled 23.45% – contracted 5.9 percentage points year-over-year.

The record annual EBITDA margin stands at 30.24%, reached in 2007; the historical low of -36.19% was recorded in 2023.

3M EBITDA Margin by Year

3M EBITDA Margin 2025: 23.5%

In 2025, 3M reported EBITDA margin of 23.45%, contracted 5.9 percentage points from 2024.

3M EBITDA Margin 2024: 29.4%

3M EBITDA margin in 2024 was 29.40%, expanded 65.6 percentage points from 2023.

3M EBITDA Margin 2023: -36.2%

2023's EBITDA margin for 3M came in at -36.19%, contracted 61.7 percentage points from 2022. This figure represents the lowest annual value in the available history.

3M EBITDA Margin 2022: 25.5%

3M posted EBITDA margin of 25.48% in 2022, contracted 1.6 percentage points from 2021.

3M EBITDA Margin 2021: 27.1%

3M EBITDA margin in 2021 was 27.09%.

See more financial history for 3M (MMM).

Sector peers by EBITDA Margin

Industrials peers of 3M (MMM), ranked by their latest EBITDA margin


Union Pacific (UNP)	52.5%
GE Aerospace (GE)	22.8%
Deere & Company (DE)	22.5%
Caterpillar (CAT)	21.6%
Eaton Corporation (ETN)	20.7%
Honeywell International (HON)	17.8%
RTX (RTX)	17.1%
Boeing (BA)	7.9%

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