Which has the lower trailing P/E, EMR or MMM?

MMM has the lower trailing P/E: EMR trades at 33.30 and MMM at 29.30. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, EMR or MMM?

Over the past five years, EMR grew revenue faster — EMR at a 0.87% CAGR versus MMM at -6.23%.

Does EMR or MMM pay a bigger dividend?

EMR yields 1.46% and MMM yields 1.86% based on trailing dividends and the latest price.

Is EMR or MMM more profitable?

EMR runs the higher net margin — EMR at 13.83% versus MMM at 11.90%.

How have EMR and MMM total returns compared?

Over the past 10 years, EMR delivered 14.33% and MMM delivered 5.07% annualized total return. Past performance doesn't predict future results.

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

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 September 13, 2026. Differences are shown without an overall score or investment verdict.

EMR

Emerson Electric Co.

$85.22B

$152.16IndustrialsDelayed quote: Sep 11, 2026, 4:00 PM EDT

MMM

3M Company

$85.07B

$164.95IndustrialsDelayed quote: Sep 11, 2026, 4:00 PM EDT

Total return — EMR vs MMM

growth of $100 · dividends reinvested · last 10y

EMR +267.7% (+13.9%/yr)MMM +64.5% (+5.1%/yr)EMR compounded faster over this window

EMR MMM

EMR vs MMM: by the numbers

•EMR is the larger company ($85.22B vs $85.07B market cap).
•MMM trades at the lower trailing earnings multiple (29.30 vs 33.30 P/E), one valuation lens rather than an overall verdict.
•EMR converts more revenue to profit (13.83% vs 11.90% net margin).
•EMR grew revenue faster over the past five years (0.87% vs -6.23% CAGR).
•MMM pays the higher dividend yield (1.86% vs 1.46%).

Metrics side by side

Valuation

Metric	EMR	MMM
P/E ratio	33.30	29.30
Forward P/E	23.20	18.44
P/S ratio	4.57	3.38
P/B ratio	4.18	28.82
EV / EBITDA	19.14	N/A
FCF yield	4.06%	4.68%

Profitability

Metric	EMR	MMM
Gross margin	53.16%	39.40%
Operating margin	20.11%	19.01%
Net margin	13.83%	11.90%
ROE	12.65%	101.52%
ROIC	7.93%	14.64%

Dividends

Metric	EMR	MMM
Dividend yield	1.46%	1.86%
Payout ratio	48.58%	54.53%

Growth (annualized)

Metric	EMR	MMM
Revenue CAGR (5Y)	0.87%	-6.23%
EPS CAGR (5Y)	4.54%	-8.53%
FCF CAGR (5Y)	0.41%	-10.85%
Total return CAGR (5Y)	10.92%	5.48%

Frequently asked

Which has the lower trailing P/E, EMR or MMM?: MMM has the lower trailing P/E: EMR trades at 33.30 and MMM at 29.30. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, EMR or MMM?: Over the past five years, EMR grew revenue faster — EMR at a 0.87% CAGR versus MMM at -6.23%.
Does EMR or MMM pay a bigger dividend?: EMR yields 1.46% and MMM yields 1.86% based on trailing dividends and the latest price.
Is EMR or MMM more profitable?: EMR runs the higher net margin — EMR at 13.83% versus MMM at 11.90%.
How have EMR and MMM total returns compared?: Over the past 10 years, EMR delivered 14.33% and MMM delivered 5.07% annualized total return. 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

25+ Year Dividend Growers Highest ROE Stocks Highest FCF Yield Stocks Highest 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 September 13, 2026.