Is CMI or MMM cheaper?

On trailing earnings, MMM is cheaper: CMI trades at a 34.26 P/E and MMM at 30.50.

Which has grown faster, CMI or MMM?

Over the past five years, CMI grew revenue faster — CMI at a 10.78% CAGR versus MMM at -5.36%.

Does CMI or MMM pay a bigger dividend?

CMI yields 1.21% and MMM yields 1.91% based on trailing dividends and the latest price.

Is CMI or MMM more profitable?

MMM runs the higher net margin — CMI at 7.89% versus MMM at 11.14%.

Which has been the better investment, CMI or MMM?

Over the past 10-year, CMI delivered the higher annualized total return — CMI at 22.09% versus MMM at 4.53%. Past performance doesn't predict future results.

Cummins Inc. (CMI) vs 3M Company (MMM)

MMM leads on 8 of 15 compared metrics.

A side-by-side comparison of Cummins Inc. and 3M Company across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 14, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — CMI vs MMM

growth of $100 · last 30y

CMI +6217.8%MMM +454.0%CMI compounded faster

Log scale — wide-divergence pair

CMI MMM

CMI vs MMM: by the numbers

•CMI is the larger company ($91.01B vs $82.57B market cap).
•MMM trades at the lower earnings multiple (30.50 vs 34.26 P/E).
•MMM converts more revenue to profit (11.14% vs 7.89% net margin).
•CMI grew revenue faster over the past five years (10.78% vs -5.36% CAGR).
•MMM pays the higher dividend yield (1.91% vs 1.21%).

Which is better, CMI or MMM?

Metric tally: CMI 7 · MMM 8

It depends on what you're optimizing for:

ValueMMM(lower P/E)

GrowthCMI(faster 5Y revenue CAGR)

IncomeMMM(higher dividend yield)

Valuation

Metric	CMI	MMM
P/E ratio	34.26	30.50●
Forward P/E	22.71	16.70●
P/S ratio	2.70●	3.37
P/B ratio	7.41●	25.85
PEG ratio	3.03	—
EV / EBITDA	20.20	18.55●
FCF yield	2.92%●	2.44%

Profitability

Metric	CMI	MMM
Gross margin	25.39%	39.51%●
Operating margin	11.24%	19.60%●
Net margin	7.89%	11.14%●
ROE	21.64%	85.41%●
ROIC	11.41%	11.53%

Dividends

Metric	CMI	MMM
Dividend yield	1.21%	1.91%●
Payout ratio	38.80%	50.00%

Growth (annualized)

Metric	CMI	MMM
Revenue CAGR (5Y)	10.78%●	-5.36%
EPS CAGR (5Y)	11.31%●	-8.53%
FCF CAGR (5Y)	4.25%●	-21.95%
Total return CAGR (5Y)	24.28%●	2.23%

Frequently asked

Which is better, CMI or MMM?: It depends on your goal. value: MMM (lower P/E); growth: CMI (faster 5Y revenue CAGR); income: MMM (higher dividend yield). Across all compared metrics, MMM leads 8 to 7.
Is CMI or MMM cheaper?: On trailing earnings, MMM is cheaper: CMI trades at a 34.26 P/E and MMM at 30.50.
Which has grown faster, CMI or MMM?: Over the past five years, CMI grew revenue faster — CMI at a 10.78% CAGR versus MMM at -5.36%.
Does CMI or MMM pay a bigger dividend?: CMI yields 1.21% and MMM yields 1.91% based on trailing dividends and the latest price.
Is CMI or MMM more profitable?: MMM runs the higher net margin — CMI at 7.89% versus MMM at 11.14%.
Which has been the better investment, CMI or MMM?: Over the past 10-year, CMI delivered the higher annualized total return — CMI at 22.09% versus MMM at 4.53%. Past performance doesn't predict future results.

Go deeper

Full CMI analysis Full MMM analysis Interactive comparison tool

Dig into the metrics

Cummins P/E ratio 3M P/E ratio Cummins dividend yield 3M dividend yield Cummins ROE 3M ROE Cummins operating margin 3M operating margin Cummins revenue growth 3M revenue growth Cummins free cash flow 3M free cash flow

Cummins & 3M appear in these rankings

Highest ROE Stocks Best 10-Year Total Return Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 14, 2026.