Gross Profit for 3M (MMM)
According to 3M's latest reported financial statements, the company's current gross profit (TTM) is $9.89B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
MMM
Currently viewingGross ProfitSwitch metric
TTM (last 4 quarters)
$9.89B
YoY change
-2.1%
5Y CAGR
-8.8%
Peak year (2021)
$16.61B
Cumulative gross profit
$407.40B
Gross Profit history chart for 3M (MMM) from 1985 to 2025
Gross Profit history table for 3M (MMM) from 1985 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 2025 | $9.87B | -2.1% | ||
| 2024 | $10.08B | +5.3% | ||
| 2023 | $9.57B | -36.0% | ||
| 2022 | $14.97B | -9.9% | ||
| 2021 | $16.61B | +6.5% | ||
| 2020 | $15.60B | +1.9% | ||
| 2019 | $15.31B | -5.5% | ||
| 2018 | $16.19B | +3.4% | ||
| 2017 | $15.66B | +4.6% | ||
| 2016 | $14.98B | +1.6% | ||
| 2015 | $14.74B | -4.0% | ||
| 2014 | $15.36B | +4.1% | ||
| 2013 | $14.76B | +3.8% | ||
| 2012 | $14.21B | +1.5% | ||
| 2011 | $14.00B | +8.5% | ||
| 2010 | $12.90B | +16.4% | ||
| 2009 | $11.09B | -7.9% | ||
| 2008 | $12.03B | +2.0% | ||
| 2007 | $11.80B | +4.1% | ||
| 2006 | $11.34B | +5.4% | ||
| 2005 | $10.76B | +7.0% | ||
| 2004 | $10.05B | +12.4% | ||
| 2003 | $8.95B | +14.2% | ||
| 2002 | $7.84B | +6.9% | ||
| 2001 | $7.33B | -7.6% | ||
| 2000 | $7.94B | +16.6% | ||
| 1999 | $6.81B | +7.8% | ||
| 1998 | $6.32B | -2.7% | ||
| 1997 | $6.49B | +5.8% | ||
| 1996 | $6.14B | +6.9% | ||
| 1995 | $5.74B | -5.7% | ||
| 1994 | $6.08B | -7.4% | ||
| 1993 | $6.57B | -0.9% | ||
| 1992 | $6.62B | +6.0% | ||
| 1991 | $6.25B | +1.7% | ||
| 1990 | $6.15B | +7.0% | ||
| 1989 | $5.74B | +128.4% | ||
| 1988 | $2.52B | -43.9% | ||
| 1987 | $4.48B | +11.0% | ||
| 1986 | $4.04B | +13.9% | ||
| 1985 | $3.54B | — |
Gross Profit values are taken from 3M's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, 3M (MMM) reported gross profit of $9.87B – edged down 2.1% year-over-year.
Looking at the 2020–2025 (5 years) stretch, 3M gross profit compounded at -8.8% per year, with a net decline across the window.
3M gross profit plunged from $16.61B in 2021 to $9.87B in 2025, a 40.6% drawdown.
The dataset's maximum gross profit sits at $16.61B (2021); the minimum reading of $2.52B dates to 1988.
Among 8 Industrials peers, 3M (MMM) ranks 8th; the peer median for gross profit is $15.42B.
3M Gross Profit by Year
3M Gross Profit 2025: $9.87B
3M gross profit in 2025 was $9.87B, edged down 2.1% below 2024.
3M Gross Profit 2024: $10.08B
3M gross profit in 2024 was $10.08B, grew 5.3% from 2023.
3M Gross Profit 2023: $9.57B
3M gross profit in 2023 was $9.57B, plunged 36.0% below 2022.
3M Gross Profit 2022: $14.97B
3M gross profit in 2022 was $14.97B, declined 9.9% below 2021.
3M Gross Profit 2021: $16.61B
3M gross profit in 2021 was $16.61B.
See more financial history for 3M (MMM).
Sector peers — Gross Profit
Companies in the same sector as 3M, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| Caterpillar Inc. (CAT) | $21.86B | Industrials |
| RTX Corporation (RTX) | $17.79B | Industrials |
| GE Aerospace (GE) | $16.89B | Industrials |
| Deere & Company (DE) | $16.30B | Industrials |
| Union Pacific Corporation (UNP) | $14.55B | Industrials |
| Honeywell International Inc. (HON) | $13.83B | Industrials |
| Eaton Corporation plc (ETN) | $10.32B | Industrials |
| The Boeing Company (BA) | $4.29B | Industrials |
Frequently asked questions
What is 3M's gross profit?
- Latest reported gross profit for 3M (MMM) is $9.89B (period ending March 31, 2026).
How has 3M gross profit changed year-over-year?
- 3M (MMM) gross profit changed -2.1% year-over-year on the latest annual filing.
What is the long-term growth rate of 3M gross profit?
- 3M (MMM) gross profit compound annual growth rate is -8.8% over the most recent 5 years available.
When did 3M gross profit hit its highest annual value?
- 3M gross profit reached its highest annual value of $16.61B in 2021.
What was 3M gross profit in 2024?
- 3M (MMM) gross profit in 2024 was $10.08B.
What was 3M gross profit in 2025?
- 3M (MMM) gross profit in 2025 was $9.87B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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