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.

Compare

Total returnMMM vs TT

growth of $100 · dividends reinvested · last 10y
MMM +67.9% (+5.3%/yr)TT +956.2% (+26.6%/yr)TT compounded faster over this window
Log scale — wide-divergence pair
101001k10kStart $10020182020202220242026$168$1,056
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

MetricMMMTT
P/E ratio30.0733.19
Forward P/E18.9328.66
P/S ratio3.474.34
P/B ratio29.5811.14
EV / EBITDAN/A22.77
FCF yield4.56%3.73%

Profitability

MetricMMMTT
Gross margin39.40%35.39%
Operating margin19.01%17.94%
Net margin11.90%13.28%
ROE101.52%34.11%
ROIC14.64%19.89%

Dividends

MetricMMMTT
Dividend yield1.86%0.92%
Payout ratio54.53%31.01%

Growth (annualized)

MetricMMMTT
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.

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.