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.

Compare

Total returnHWM vs MMM

growth of $100 · dividends reinvested · last 10y
HWM +995.6% (+27.0%/yr)MMM +64.5% (+5.1%/yr)HWM compounded faster over this window
Log scale — wide-divergence pair
101001k10kStart $10020182020202220242026$1,096$165
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

MetricHWMMMM
P/E ratio49.5029.48
Forward P/E43.0518.56
P/S ratio10.083.40
P/B ratio16.0329.00
EV / EBITDA33.21N/A
FCF yield1.71%4.66%

Profitability

MetricHWMMMM
Gross margin34.44%39.40%
Operating margin28.33%19.01%
Net margin20.52%11.90%
ROE32.64%101.52%
ROIC18.58%14.64%

Dividends

MetricHWMMMM
Dividend yield0.22%1.86%
Payout ratio10.78%54.53%

Growth (annualized)

MetricHWMMMM
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.

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.