3M Company (MMM) vs Trane Technologies plc (TT)
A side-by-side comparison of 3M Company and Trane Technologies plc 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.
MMM
3M Company
$169.31IndustrialsDelayed quote: Sep 22, 2026, 3:59 PM EDT
TT
Trane Technologies plc
$437.82IndustrialsDelayed quote: Sep 22, 2026, 4:00 PM EDT
Total return — MMM vs TT
growth of $100 · dividends reinvested · last 10yMMM +67.9% (+5.3%/yr)TT +956.2% (+26.6%/yr)TT compounded faster over this window
Log scale — wide-divergence pair
MMM TT
MMM vs TT: by the numbers
- •TT is the larger company ($96.33B vs $87.32B market cap).
- •MMM trades at the lower trailing earnings multiple (30.07 vs 33.19 P/E), one valuation lens rather than an overall verdict.
- •TT converts more revenue to profit (13.28% vs 11.90% net margin).
- •TT grew revenue faster over the past five years (10.44% vs -6.23% CAGR).
- •MMM pays the higher dividend yield (1.86% vs 0.92%).
Metrics side by side
Valuation
| Metric | MMM | TT |
|---|---|---|
| P/E ratio | 30.07 | 33.19 |
| Forward P/E | 18.93 | 28.66 |
| P/S ratio | 3.47 | 4.34 |
| P/B ratio | 29.58 | 11.14 |
| EV / EBITDA | N/A | 22.77 |
| FCF yield | 4.56% | 3.73% |
Profitability
| Metric | MMM | TT |
|---|---|---|
| Gross margin | 39.40% | 35.39% |
| Operating margin | 19.01% | 17.94% |
| Net margin | 11.90% | 13.28% |
| ROE | 101.52% | 34.11% |
| ROIC | 14.64% | 19.89% |
Dividends
| Metric | MMM | TT |
|---|---|---|
| Dividend yield | 1.86% | 0.92% |
| Payout ratio | 54.53% | 31.01% |
Growth (annualized)
| Metric | MMM | TT |
|---|---|---|
| Revenue CAGR (5Y) | -6.23% | 10.44% |
| EPS CAGR (5Y) | -8.53% | 29.75% |
| FCF CAGR (5Y) | -10.85% | 11.84% |
| Total return CAGR (5Y) | 5.48% | 19.98% |
Frequently asked
- Which has the lower trailing P/E, MMM or TT?
- MMM has the lower trailing P/E: MMM trades at 30.07 and TT at 33.19. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, MMM or TT?
- Over the past five years, TT grew revenue faster — MMM at a -6.23% CAGR versus TT at 10.44%.
- Does MMM or TT pay a bigger dividend?
- MMM yields 1.86% and TT yields 0.92% based on trailing dividends and the latest price.
- Is MMM or TT more profitable?
- TT runs the higher net margin — MMM at 11.90% versus TT at 13.28%.
- How have MMM and TT total returns compared?
- Over the past 10 years, MMM delivered 5.07% and TT delivered 26.63% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
3M P/E ratioTrane Technologies P/E ratio3M dividend yieldTrane Technologies dividend yield3M ROETrane Technologies ROE3M operating marginTrane Technologies operating margin3M revenue growthTrane Technologies revenue growth3M free cash flowTrane Technologies free cash flow
3M & Trane Technologies 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.