3M India EBIT margin
What is the EBIT margin of 3M India?
The EBIT margin of 3M India Limited is 8.36%
What is the definition of EBIT margin?
EBIT margin is a profitability ratio that measures earnings of the company as a percentage of revenue without taking into account the effect of taxes and interest.
ttm (trailing twelve months)
EBIT margin measures the profitability and operational efficiency of a company. It compares the amount of money that remains after the cost of goods and all operating expenses are subtracted from net revenue to sales. EBIT margin is calculated as earnings before interest and taxes divided by net revenue.
EBIT and EBIT margin evaluate how well a business manages its operations. Interest and taxes are not operating expenses and don’t impact operating efficiency. EBIT margin is usually used to compare operational efficiency and profitability of companies within the same industry. Taxes can vary by location thus excluding them from the calculation gives a better basis for comparing different companies.
EBIT and operating income are often used interchangeably, but there is a difference between them, which can cause the numbers to give different results. The key difference is that operating income does not include non-operating income, non-operating expenses, and other income.
EBIT margin of companies in the Industrials sector on BSE compared to 3M India
What does 3M India do?
3M India Limited engages in the manufacture and trade of various products for industrial, health care, consumer, safety and graphics, and electronics and energy markets in India. The company operates in 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, adhesives, and other specialty materials; functional and decorative graphics; masking tapes; and abrasion-resistant films. This segment serves original equipment manufacturer and automotive aftermarket, electronics, appliance, and roofing granules. Its Health Care segment provides medical and surgical supplies, medical devices, drug delivery systems, dental and orthodontic products, and food safety products, as well as skin and wound care, and infection prevention products and solutions. The company Transportation and Electronics segment offers personal protection products; asset protection solutions; border control products; passive fire protection for industries and commercial; track and trace products; cleaning and hygiene products for the hospitality industry; traffic safety systems; commercial graphics; architectural markets; and mobile interactive solutions. Its Consumer segment provides office supply, stationery, home care, and protective material products for consumer retail, modern trade, and other retail channels. The company also exports its products. It serves automotive, commercial solutions, consumer, design and construction, electronics, energy, health care, manufacturing, mining, oil and gas, safety, and transportation industries. 3M India Limited was incorporated in 1987 and is based in Bengaluru, India. 3M India Limited is a subsidiary of 3M Company, USA.
Companies with ebit margin similar to 3M India
- CoreCivic Inc has EBIT margin of 8.35%
- Hisar Metal Industries has EBIT margin of 8.35%
- Visteon has EBIT margin of 8.35%
- American Woodmark has EBIT margin of 8.35%
- Technip Energies N.V has EBIT margin of 8.35%
- Lovable Lingerie has EBIT margin of 8.36%
- 3M India has EBIT margin of 8.36%
- Polaris has EBIT margin of 8.36%
- Seiko Epson has EBIT margin of 8.37%
- Chow Tai Fook Jewellery has EBIT margin of 8.37%
- MGM Resorts International has EBIT margin of 8.37%
- Précia SA has EBIT margin of 8.38%
- Power of Canada has EBIT margin of 8.38%