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

MMM has the lower trailing P/E: MMM trades at 32.41 and TT at 36.35. 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 10.98%.

Does MMM or TT pay a bigger dividend?

MMM yields 1.65% and TT yields 0.85% 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 13.42%.

How have MMM and TT total returns compared?

Over the past 10 years, MMM delivered 5.45% and TT delivered 26.72% annualized total return. Past performance doesn't predict future results.

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

MMM

3M Company

$92.43B

$179.22IndustrialsDelayed quote: Jul 29, 2026, 2:35 PM EDT

Trane Technologies plc

$99.13B

$448.45IndustrialsDelayed quote: Jul 29, 2026, 2:35 PM EDT

Total return — MMM vs TT

growth of $100 · dividends reinvested · last 30y

MMM +1436.3%TT +6559.3%TT compounded faster

MMM TT

MMM vs TT: by the numbers

•TT is the larger company ($99.13B vs $92.43B market cap).
•MMM trades at the lower trailing earnings multiple (32.41 vs 36.35 P/E), one valuation lens rather than an overall verdict.
•TT converts more revenue to profit (13.42% vs 11.90% net margin).
•TT grew revenue faster over the past five years (10.98% vs -6.23% CAGR).
•MMM pays the higher dividend yield (1.65% vs 0.85%).

Metrics side by side

Valuation

Metric	MMM	TT
P/E ratio	32.41	36.35
Forward P/E	20.52	31.51
P/S ratio	3.82	4.85
P/B ratio	32.61	12.18
PEG ratio	N/A	2.06
EV / EBITDA	18.13	25.19
FCF yield	4.14%	3.01%

Profitability

Metric	MMM	TT
Gross margin	39.40%	35.92%
Operating margin	19.01%	18.17%
Net margin	11.90%	13.42%
ROE	101.52%	33.65%
ROIC	11.53%	20.26%

Dividends

Metric	MMM	TT
Dividend yield	1.65%	0.85%
Payout ratio	50.00%	30.40%

Growth (annualized)

Metric	MMM	TT
Revenue CAGR (5Y)	-6.23%	10.98%
EPS CAGR (5Y)	-8.53%	29.75%
FCF CAGR (5Y)	-10.85%	11.10%
Total return CAGR (5Y)	5.65%	20.36%

Frequently asked

Which has the lower trailing P/E, MMM or TT?: MMM has the lower trailing P/E: MMM trades at 32.41 and TT at 36.35. 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 10.98%.
Does MMM or TT pay a bigger dividend?: MMM yields 1.65% and TT yields 0.85% 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 13.42%.
How have MMM and TT total returns compared?: Over the past 10 years, MMM delivered 5.45% and TT delivered 26.72% annualized total return. Past performance doesn't predict future results.

Go deeper

Full MMM analysis Full TT analysis Interactive comparison tool

Dig into the metrics

3M P/E ratio Trane Technologies P/E ratio 3M dividend yield Trane Technologies dividend yield 3M ROE Trane Technologies ROE 3M operating margin Trane Technologies operating margin 3M revenue growth Trane Technologies revenue growth 3M free cash flow Trane Technologies free cash flow

3M & Trane Technologies appear in these rankings

Highest ROE Stocks Highest ROIC 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.