Howmet Aerospace Inc. (HWM) vs 3M Company (MMM)
A side-by-side comparison of Howmet Aerospace Inc. 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.
HWM
Howmet Aerospace Inc.
$229.67IndustrialsDelayed quote: Sep 18, 2026, 4:00 PM EDT
MMM
3M Company
$165.98IndustrialsDelayed quote: Sep 18, 2026, 3:59 PM EDT
Total return — HWM vs MMM
growth of $100 · dividends reinvested · last 10yHWM +995.6% (+27.0%/yr)MMM +64.5% (+5.1%/yr)HWM compounded faster over this window
Log scale — wide-divergence pair
HWM MMM
HWM vs MMM: by the numbers
- •HWM is the larger company ($91.89B vs $85.60B market cap).
- •MMM trades at the lower trailing earnings multiple (29.48 vs 49.50 P/E), one valuation lens rather than an overall verdict.
- •HWM converts more revenue to profit (20.52% vs 11.90% net margin).
- •HWM grew revenue faster over the past five years (13.81% vs -6.23% CAGR).
- •MMM pays the higher dividend yield (1.86% vs 0.22%).
Metrics side by side
Valuation
| Metric | HWM | MMM |
|---|---|---|
| P/E ratio | 49.50 | 29.48 |
| Forward P/E | 43.05 | 18.56 |
| P/S ratio | 10.08 | 3.40 |
| P/B ratio | 16.03 | 29.00 |
| EV / EBITDA | 33.21 | N/A |
| FCF yield | 1.71% | 4.66% |
Profitability
| Metric | HWM | MMM |
|---|---|---|
| Gross margin | 34.44% | 39.40% |
| Operating margin | 28.33% | 19.01% |
| Net margin | 20.52% | 11.90% |
| ROE | 32.64% | 101.52% |
| ROIC | 18.58% | 14.64% |
Dividends
| Metric | HWM | MMM |
|---|---|---|
| Dividend yield | 0.22% | 1.86% |
| Payout ratio | 10.78% | 54.53% |
Growth (annualized)
| Metric | HWM | MMM |
|---|---|---|
| Revenue CAGR (5Y) | 13.81% | -6.23% |
| EPS CAGR (5Y) | 50.70% | -8.53% |
| FCF CAGR (5Y) | 76.77% | -10.85% |
| Total return CAGR (5Y) | 49.45% | 5.48% |
Frequently asked
- Which has the lower trailing P/E, HWM or MMM?
- MMM has the lower trailing P/E: HWM trades at 49.50 and MMM at 29.48. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, HWM or MMM?
- Over the past five years, HWM grew revenue faster — HWM at a 13.81% CAGR versus MMM at -6.23%.
- Does HWM or MMM pay a bigger dividend?
- HWM yields 0.22% and MMM yields 1.86% based on trailing dividends and the latest price.
- Is HWM or MMM more profitable?
- HWM runs the higher net margin — HWM at 20.52% versus MMM at 11.90%.
- How have HWM and MMM total returns compared?
- Over the past 10 years, HWM delivered 27.71% and MMM delivered 5.07% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Howmet Aerospace P/E ratio3M P/E ratioHowmet Aerospace dividend yield3M dividend yieldHowmet Aerospace ROE3M ROEHowmet Aerospace operating margin3M operating marginHowmet Aerospace revenue growth3M revenue growthHowmet Aerospace free cash flow3M free cash flow
Howmet Aerospace & 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 13, 2026.