Is MMM or PH cheaper?

On trailing earnings, MMM is cheaper: MMM trades at a 30.50 P/E and PH at 33.34.

Which has grown faster, MMM or PH?

Over the past five years, PH grew revenue faster — MMM at a -5.36% CAGR versus PH at 9.15%.

Does MMM or PH pay a bigger dividend?

MMM yields 1.91% and PH yields 0.82% based on trailing dividends and the latest price.

Is MMM or PH more profitable?

PH runs the higher net margin — MMM at 11.14% versus PH at 16.58%.

Which has been the better investment, MMM or PH?

Over the past 10-year, PH delivered the higher annualized total return — MMM at 4.53% versus PH at 25.01%. Past performance doesn't predict future results.

3M Company (MMM) vs Parker-Hannifin Corporation (PH)

PH leads on 9 of 16 compared metrics, though MMM is the cheaper stock.

A side-by-side comparison of 3M Company and Parker-Hannifin Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 14, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Parker-Hannifin Corporation

$113.92B

$903.48Industrials

Total return — MMM vs PH

growth of $100 · last 30y

MMM +454.0%PH +4872.4%PH compounded faster

Log scale — wide-divergence pair

MMM PH

MMM vs PH: by the numbers

•PH is the larger company ($113.92B vs $82.57B market cap).
•MMM trades at the lower earnings multiple (30.50 vs 33.34 P/E).
•PH converts more revenue to profit (16.58% vs 11.14% net margin).
•PH grew revenue faster over the past five years (9.15% vs -5.36% CAGR).
•MMM pays the higher dividend yield (1.91% vs 0.82%).

Which is better, MMM or PH?

Metric tally: MMM 7 · PH 9

It depends on what you're optimizing for:

ValueMMM(lower P/E)

GrowthPH(faster 5Y revenue CAGR)

IncomeMMM(higher dividend yield)

QualityPH(higher ROIC)

Valuation

Metric	MMM	PH
P/E ratio	30.50●	33.34
Forward P/E	16.70●	26.53
P/S ratio	3.37●	5.51
P/B ratio	25.85	7.92●
PEG ratio	—	1.04
EV / EBITDA	18.55●	22.16
FCF yield	2.44%	3.18%●

Profitability

Metric	MMM	PH
Gross margin	39.51%●	37.23%
Operating margin	19.60%	20.87%●
Net margin	11.14%	16.58%●
ROE	85.41%●	23.82%
ROIC	11.53%	13.69%●

Dividends

Metric	MMM	PH
Dividend yield	1.91%●	0.82%
Payout ratio	50.00%	26.89%

Growth (annualized)

Metric	MMM	PH
Revenue CAGR (5Y)	-5.36%	9.15%●
EPS CAGR (5Y)	-8.53%	24.00%●
FCF CAGR (5Y)	-21.95%	8.25%●
Total return CAGR (5Y)	2.23%	26.11%●

Frequently asked

Which is better, MMM or PH?: It depends on your goal. value: MMM (lower P/E); growth: PH (faster 5Y revenue CAGR); income: MMM (higher dividend yield); quality: PH (higher ROIC). Across all compared metrics, PH leads 9 to 7.
Is MMM or PH cheaper?: On trailing earnings, MMM is cheaper: MMM trades at a 30.50 P/E and PH at 33.34.
Which has grown faster, MMM or PH?: Over the past five years, PH grew revenue faster — MMM at a -5.36% CAGR versus PH at 9.15%.
Does MMM or PH pay a bigger dividend?: MMM yields 1.91% and PH yields 0.82% based on trailing dividends and the latest price.
Is MMM or PH more profitable?: PH runs the higher net margin — MMM at 11.14% versus PH at 16.58%.
Which has been the better investment, MMM or PH?: Over the past 10-year, PH delivered the higher annualized total return — MMM at 4.53% versus PH at 25.01%. Past performance doesn't predict future results.

Go deeper

Full MMM analysis Full PH analysis Interactive comparison tool

Dig into the metrics

3M P/E ratio Parker-Hannifin P/E ratio 3M dividend yield Parker-Hannifin dividend yield 3M ROE Parker-Hannifin ROE 3M operating margin Parker-Hannifin operating margin 3M revenue growth Parker-Hannifin revenue growth 3M free cash flow Parker-Hannifin free cash flow

3M & Parker-Hannifin 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 14, 2026.