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

MMM has the lower trailing P/E: MMM trades at 32.41 and PH at 36.57. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, MMM or PH?

Over the past five years, PH grew revenue faster — MMM at a -6.23% CAGR versus PH at 9.15%.

Does MMM or PH pay a bigger dividend?

MMM yields 1.65% and PH yields 0.75% based on trailing dividends and the latest price.

Is MMM or PH more profitable?

PH runs the higher net margin — MMM at 11.90% versus PH at 16.58%.

How have MMM and PH total returns compared?

Over the past 10 years, MMM delivered 5.45% and PH delivered 25.99% annualized total return. Past performance doesn't predict future results.

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

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 July 29, 2026. Differences are shown without an overall score or investment verdict.

MMM

3M Company

$91.78B

$177.97IndustrialsDelayed quote: Jul 29, 2026, 3:59 PM EDT

Parker-Hannifin Corporation

$119.92B

$951.07IndustrialsDelayed quote: Jul 29, 2026, 4:00 PM EDT

Total return — MMM vs PH

growth of $100 · dividends reinvested · last 30y

MMM +1436.3%PH +10304.0%PH compounded faster

Log scale — wide-divergence pair

MMM PH

MMM vs PH: by the numbers

•PH is the larger company ($119.92B vs $91.78B market cap).
•MMM trades at the lower trailing earnings multiple (32.41 vs 36.57 P/E), one valuation lens rather than an overall verdict.
•PH converts more revenue to profit (16.58% vs 11.90% net margin).
•PH grew revenue faster over the past five years (9.15% vs -6.23% CAGR).
•MMM pays the higher dividend yield (1.65% vs 0.75%).

Metrics side by side

Valuation

Metric	MMM	PH
P/E ratio	32.41	36.57
Forward P/E	20.52	31.65
P/S ratio	3.82	6.04
P/B ratio	32.61	8.68
PEG ratio	N/A	1.04
EV / EBITDA	18.13	25.61
FCF yield	4.14%	2.90%

Profitability

Metric	MMM	PH
Gross margin	39.40%	37.23%
Operating margin	19.01%	20.87%
Net margin	11.90%	16.58%
ROE	101.52%	23.82%
ROIC	11.53%	13.69%

Dividends

Metric	MMM	PH
Dividend yield	1.65%	0.75%
Payout ratio	50.00%	26.89%

Growth (annualized)

Metric	MMM	PH
Revenue CAGR (5Y)	-6.23%	9.15%
EPS CAGR (5Y)	-8.53%	24.00%
FCF CAGR (5Y)	-10.85%	8.25%
Total return CAGR (5Y)	5.65%	28.11%

Frequently asked

Which has the lower trailing P/E, MMM or PH?: MMM has the lower trailing P/E: MMM trades at 32.41 and PH at 36.57. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, MMM or PH?: Over the past five years, PH grew revenue faster — MMM at a -6.23% CAGR versus PH at 9.15%.
Does MMM or PH pay a bigger dividend?: MMM yields 1.65% and PH yields 0.75% based on trailing dividends and the latest price.
Is MMM or PH more profitable?: PH runs the higher net margin — MMM at 11.90% versus PH at 16.58%.
How have MMM and PH total returns compared?: Over the past 10 years, MMM delivered 5.45% and PH delivered 25.99% annualized total return. 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

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 July 29, 2026.