Is EMR or MMM cheaper?

On trailing earnings, MMM is cheaper: EMR trades at a 33.04 P/E and MMM at 30.50.

Which has grown faster, EMR or MMM?

Over the past five years, EMR grew revenue faster — EMR at a 1.43% CAGR versus MMM at -5.36%.

Does EMR or MMM pay a bigger dividend?

EMR yields 1.53% and MMM yields 1.91% based on trailing dividends and the latest price.

Is EMR or MMM more profitable?

EMR runs the higher net margin — EMR at 13.35% versus MMM at 11.14%.

Which has been the better investment, EMR or MMM?

Over the past 10-year, EMR delivered the higher annualized total return — EMR at 13.28% versus MMM at 4.53%. Past performance doesn't predict future results.

Emerson Electric Co. (EMR) vs 3M Company (MMM)

EMR leads on 9 of 15 compared metrics, though MMM is the cheaper stock.

A side-by-side comparison of Emerson Electric Co. and 3M Company across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — EMR vs MMM

growth of $100 · last 30y

EMR +552.1%MMM +452.8%EMR compounded faster

EMR MMM

EMR vs MMM: by the numbers

•MMM is the larger company ($82.57B vs $80.13B market cap).
•MMM trades at the lower earnings multiple (30.50 vs 33.04 P/E).
•EMR converts more revenue to profit (13.35% vs 11.14% net margin).
•EMR grew revenue faster over the past five years (1.43% vs -5.36% CAGR).
•MMM pays the higher dividend yield (1.91% vs 1.53%).

Which is better, EMR or MMM?

Metric tally: EMR 9 · MMM 6

It depends on what you're optimizing for:

ValueMMM(lower P/E)

GrowthEMR(faster 5Y revenue CAGR)

IncomeMMM(higher dividend yield)

QualityMMM(higher ROIC)

Valuation

Metric	EMR	MMM
P/E ratio	33.04	30.50●
Forward P/E	19.92	16.68●
P/S ratio	4.40	3.37●
P/B ratio	3.97●	25.85
PEG ratio	1.77	—
EV / EBITDA	17.92●	18.55
FCF yield	3.87%●	2.44%

Profitability

Metric	EMR	MMM
Gross margin	52.66%●	39.51%
Operating margin	19.96%	19.60%
Net margin	13.35%●	11.14%
ROE	12.04%	85.41%●
ROIC	7.26%	11.53%●

Dividends

Metric	EMR	MMM
Dividend yield	1.53%	1.91%●
Payout ratio	53.87%	50.00%

Growth (annualized)

Metric	EMR	MMM
Revenue CAGR (5Y)	1.43%●	-5.36%
EPS CAGR (5Y)	4.54%●	-8.53%
FCF CAGR (5Y)	-0.23%●	-21.95%
Total return CAGR (5Y)	10.27%●	2.23%

Frequently asked

Which is better, EMR or MMM?: It depends on your goal. value: MMM (lower P/E); growth: EMR (faster 5Y revenue CAGR); income: MMM (higher dividend yield); quality: MMM (higher ROIC). Across all compared metrics, EMR leads 9 to 6.
Is EMR or MMM cheaper?: On trailing earnings, MMM is cheaper: EMR trades at a 33.04 P/E and MMM at 30.50.
Which has grown faster, EMR or MMM?: Over the past five years, EMR grew revenue faster — EMR at a 1.43% CAGR versus MMM at -5.36%.
Does EMR or MMM pay a bigger dividend?: EMR yields 1.53% and MMM yields 1.91% based on trailing dividends and the latest price.
Is EMR or MMM more profitable?: EMR runs the higher net margin — EMR at 13.35% versus MMM at 11.14%.
Which has been the better investment, EMR or MMM?: Over the past 10-year, EMR delivered the higher annualized total return — EMR at 13.28% versus MMM at 4.53%. Past performance doesn't predict future results.

Go deeper

Full EMR analysis Full MMM analysis Interactive comparison tool

Dig into the metrics

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

Emerson Electric & 3M appear in these rankings

Dividend Aristocrats 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 13, 2026.