Is MMM or UPS cheaper?

On trailing earnings, UPS is cheaper: MMM trades at a 30.50 P/E and UPS at 17.49.

Which has grown faster, MMM or UPS?

Over the past five years, UPS grew revenue faster — MMM at a -5.36% CAGR versus UPS at -0.23%.

Does MMM or UPS pay a bigger dividend?

MMM yields 1.91% and UPS yields 6.07% based on trailing dividends and the latest price.

Is MMM or UPS more profitable?

MMM runs the higher net margin — MMM at 11.14% versus UPS at 5.94%.

Which has been the better investment, MMM or UPS?

Over the past 10-year, MMM delivered the higher annualized total return — MMM at 4.53% versus UPS at 4.22%. Past performance doesn't predict future results.

3M Company (MMM) vs United Parcel Service, Inc. (UPS)

UPS leads on 10 of 16 compared metrics.

A side-by-side comparison of 3M Company and United Parcel Service, Inc. 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).

United Parcel Service, Inc.

$91.89B

$108.10Industrials

Total return — MMM vs UPS

growth of $100 · last 27y

MMM +299.7%UPS +58.7%MMM compounded faster

MMM UPS

MMM vs UPS: by the numbers

•UPS is the larger company ($91.89B vs $82.57B market cap).
•UPS trades at the lower earnings multiple (17.49 vs 30.50 P/E).
•MMM converts more revenue to profit (11.14% vs 5.94% net margin).
•UPS grew revenue faster over the past five years (-0.23% vs -5.36% CAGR).
•UPS pays the higher dividend yield (6.07% vs 1.91%).

Which is better, MMM or UPS?

Metric tally: MMM 6 · UPS 10

It depends on what you're optimizing for:

ValueUPS(lower P/E)

GrowthUPS(faster 5Y revenue CAGR)

IncomeUPS(higher dividend yield)

QualityMMM(higher ROIC)

Valuation

Metric	MMM	UPS
P/E ratio	30.50	17.49●
Forward P/E	16.70	13.63●
P/S ratio	3.37	1.04●
P/B ratio	25.85	5.83●
PEG ratio	—	0.52
EV / EBITDA	18.55	9.85●
FCF yield	2.44%	4.91%●

Profitability

Metric	MMM	UPS
Gross margin	39.51%●	17.79%
Operating margin	19.60%●	8.46%
Net margin	11.14%●	5.94%
ROE	85.41%●	33.30%
ROIC	11.53%●	10.40%

Dividends

Metric	MMM	UPS
Dividend yield	1.91%	6.07%●
Payout ratio	50.00%	100.00%

Growth (annualized)

Metric	MMM	UPS
Revenue CAGR (5Y)	-5.36%	-0.23%●
EPS CAGR (5Y)	-8.53%	33.45%●
FCF CAGR (5Y)	-21.95%	-8.72%●
Total return CAGR (5Y)	2.23%●	-7.79%

Frequently asked

Which is better, MMM or UPS?: It depends on your goal. value: UPS (lower P/E); growth: UPS (faster 5Y revenue CAGR); income: UPS (higher dividend yield); quality: MMM (higher ROIC). Across all compared metrics, UPS leads 10 to 6.
Is MMM or UPS cheaper?: On trailing earnings, UPS is cheaper: MMM trades at a 30.50 P/E and UPS at 17.49.
Which has grown faster, MMM or UPS?: Over the past five years, UPS grew revenue faster — MMM at a -5.36% CAGR versus UPS at -0.23%.
Does MMM or UPS pay a bigger dividend?: MMM yields 1.91% and UPS yields 6.07% based on trailing dividends and the latest price.
Is MMM or UPS more profitable?: MMM runs the higher net margin — MMM at 11.14% versus UPS at 5.94%.
Which has been the better investment, MMM or UPS?: Over the past 10-year, MMM delivered the higher annualized total return — MMM at 4.53% versus UPS at 4.22%. Past performance doesn't predict future results.

Go deeper

Full MMM analysis Full UPS analysis Interactive comparison tool

Dig into the metrics

3M P/E ratio United Parcel Service P/E ratio 3M dividend yield United Parcel Service dividend yield 3M ROE United Parcel Service ROE 3M operating margin United Parcel Service operating margin 3M revenue growth United Parcel Service revenue growth 3M free cash flow United Parcel Service free cash flow

3M & United Parcel Service appear in these rankings

Highest Dividend Yield Stocks Highest ROE Stocks Highest FCF Yield 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.