3M India Operating margin
What is the Operating margin of 3M India?
The Operating margin of 3M India Limited is 12.23%
What is the definition of Operating margin?
Operating margin is the ratio of operating income divided by net sales and presented in percent.
ttm (trailing twelve months)
Operating margin is an indicator of profitability and is often used to compare the profitability of companies and industries of differing sizes. Companies are collections of projects and markets, individual areas can be judged on how successful they are at adding to the corporate net profit. Not all projects are of equal size, however, and one way to adjust for size is to divide the profit by sales revenue. The resulting ratio is the percentage of sales revenue that gets 'returned' to the company as net profits after all the related costs of the activity are deducted.
Operating margin of companies in the Industrials sector on NSE compared to 3M India
What does 3M India do?
3M India Limited engages in the manufacture and trade of various products for health care, manufacturing, automotive, safety, electronics, energy, commercial solutions, transportation, and design and construction industries in India. The company operates through four segments: Safety and Industrial, Transportation and Electronics, Health Care, and Consumer. The Safety and Industrial segment offers vinyl, polyester, foil, and specialty industrial tapes and adhesives, such as scotch masking tapes, scotch filament and packaging tapes, functional and decorative graphics, abrasion-resistant films, masking tapes, and other specialty materials. This segment serves industrial, electrical, and safety markets. The Health Care segment provides medical and surgical supplies; medical devices; skin and wound care, as well as infection prevention products and solutions; drug delivery systems; dental and orthodontic products; and food safety products. The Transportation and Electronics segment offers personal protection products, brand and asset protection solutions, border control products, passive fire protection products for industries and commercial establishments, track and trace products, and cleaning and hygiene products for the hospitality industry. The Consumer segment provides home improvement, stationery and office supplies, home care, and consumer health care. This segment also includes retail auto care product lines, such as office supply, stationery, home improvement (do-it-yourself), home care, protective material, consumer retail personal safety, and consumer healthcare products. The company also exports its products. The company was incorporated in 1987 and is based in Bengaluru, India. 3M India Limited operates as a subsidiary of 3M Company.
Companies with operating margin similar to 3M India
- Mazda has Operating margin of 12.21%
- China State Construction International has Operating margin of 12.21%
- Godfrey Phillips India has Operating margin of 12.22%
- Jindal Steel & Power has Operating margin of 12.22%
- General Finance has Operating margin of 12.23%
- Coca-Cola European Partners plc has Operating margin of 12.23%
- 3M India has Operating margin of 12.23%
- COSCO SHIPPING Co has Operating margin of 12.23%
- Stride Inc has Operating margin of 12.23%
- Reach plc has Operating margin of 12.24%
- PGT Innovations has Operating margin of 12.24%
- Red 5 has Operating margin of 12.24%
- Allegro Microsystems Inc has Operating margin of 12.25%