FedEx Corporation (FDX) vs 3M Company (MMM)
A side-by-side comparison of FedEx Corporation and 3M Company across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 4, 2026. Differences are shown without an overall score or investment verdict.
FDX
FedEx Corporation
$324.31IndustrialsAt close: Sep 3, 2026, 4:00 PM ET
MMM
3M Company
$168.32IndustrialsDelayed quote: Sep 3, 2026, 3:59 PM EDT
Total return — FDX vs MMM
growth of $100 · dividends reinvested · last 10yFDX +194.1% (+11.4%/yr)MMM +56.8% (+4.6%/yr)FDX compounded faster over this window
FDX MMM
FDX vs MMM: by the numbers
- •MMM is the larger company ($86.81B vs $76.73B market cap).
- •FDX trades at the lower trailing earnings multiple (17.68 vs 29.97 P/E), one valuation lens rather than an overall verdict.
- •MMM converts more revenue to profit (11.90% vs 4.68% net margin).
- •FDX grew revenue faster over the past five years (2.47% vs -6.23% CAGR).
- •MMM pays the higher dividend yield (1.82% vs 1.46%).
Metrics side by side
Valuation
| Metric | FDX | MMM |
|---|---|---|
| P/E ratio | 17.68 | 29.97 |
| Forward P/E | 16.33 | 18.87 |
| P/S ratio | 0.83 | 3.54 |
| P/B ratio | 2.47 | 30.16 |
| EV / EBITDA | 10.03 | 17.88 |
| FCF yield | 6.54% | 4.48% |
Profitability
| Metric | FDX | MMM |
|---|---|---|
| Gross margin | 22.90% | 39.40% |
| Operating margin | 6.74% | 19.01% |
| Net margin | 4.68% | 11.90% |
| ROE | 14.01% | 101.52% |
| ROIC | 5.92% | 14.64% |
Dividends
| Metric | FDX | MMM |
|---|---|---|
| Dividend yield | 1.46% | 1.82% |
| Payout ratio | 25.46% | 50.83% |
Growth (annualized)
| Metric | FDX | MMM |
|---|---|---|
| Revenue CAGR (5Y) | 2.47% | -6.23% |
| EPS CAGR (5Y) | -1.27% | -8.53% |
| FCF CAGR (5Y) | 3.77% | -10.85% |
| Total return CAGR (5Y) | 10.74% | 4.30% |
Frequently asked
- Which has the lower trailing P/E, FDX or MMM?
- FDX has the lower trailing P/E: FDX trades at 17.68 and MMM at 29.97. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, FDX or MMM?
- Over the past five years, FDX grew revenue faster — FDX at a 2.47% CAGR versus MMM at -6.23%.
- Does FDX or MMM pay a bigger dividend?
- FDX yields 1.46% and MMM yields 1.82% based on trailing dividends and the latest price.
- Is FDX or MMM more profitable?
- MMM runs the higher net margin — FDX at 4.68% versus MMM at 11.90%.
- How have FDX and MMM total returns compared?
- Over the past 10 years, FDX delivered 11.04% and MMM delivered 4.45% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
FedEx P/E ratio3M P/E ratioFedEx dividend yield3M dividend yieldFedEx ROE3M ROEFedEx operating margin3M operating marginFedEx revenue growth3M revenue growthFedEx free cash flow3M free cash flow
FedEx & 3M appear in these rankings
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 4, 2026.