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

WM has the lower trailing P/E: MMM trades at 32.64 and WM at 32.13. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, MMM or WM?

Over the past five years, WM grew revenue faster — MMM at a -6.23% CAGR versus WM at 9.22%.

Does MMM or WM pay a bigger dividend?

MMM yields 1.64% and WM yields 1.56% based on trailing dividends and the latest price.

Is MMM or WM more profitable?

MMM runs the higher net margin — MMM at 11.90% versus WM at 11.12%.

How have MMM and WM total returns compared?

Over the past 10 years, MMM delivered 5.39% and WM delivered 15.06% annualized total return. Past performance doesn't predict future results.

3M Company (MMM) vs Waste Management, Inc. (WM)

A side-by-side comparison of 3M Company and Waste Management, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 13, 2026. Differences are shown without an overall score or investment verdict.

MMM

3M Company

$94.78B

$183.79IndustrialsDelayed quote: Aug 12, 2026, 3:59 PM EDT

Waste Management, Inc.

$90.46B

$226.32IndustrialsDelayed quote: Aug 12, 2026, 4:00 PM EDT

Total return — MMM vs WM

growth of $100 · dividends reinvested · last 10y

MMM +68.8% (+5.4%/yr)WM +318.0% (+15.4%/yr)WM compounded faster over this window

MMM WM

MMM vs WM: by the numbers

•MMM is the larger company ($94.78B vs $90.46B market cap).
•WM trades at the lower trailing earnings multiple (32.13 vs 32.64 P/E), one valuation lens rather than an overall verdict.
•MMM converts more revenue to profit (11.90% vs 11.12% net margin).
•WM grew revenue faster over the past five years (9.22% vs -6.23% CAGR).
•MMM pays the higher dividend yield (1.64% vs 1.56%).

Metrics side by side

Valuation

Metric	MMM	WM
P/E ratio	32.64	32.13
Forward P/E	20.64	27.95
P/S ratio	3.85	3.56
P/B ratio	32.85	9.22
EV / EBITDA	19.32	14.71
FCF yield	4.11%	3.90%

Profitability

Metric	MMM	WM
Gross margin	39.40%	35.04%
Operating margin	19.01%	18.54%
Net margin	11.90%	11.12%
ROE	101.52%	28.74%
ROIC	11.53%	8.88%

Dividends

Metric	MMM	WM
Dividend yield	1.64%	1.56%
Payout ratio	50.00%	52.68%

Growth (annualized)

Metric	MMM	WM
Revenue CAGR (5Y)	-6.23%	9.22%
EPS CAGR (5Y)	-8.53%	13.68%
FCF CAGR (5Y)	-10.85%	7.05%
Total return CAGR (5Y)	5.47%	10.46%

Frequently asked

Which has the lower trailing P/E, MMM or WM?: WM has the lower trailing P/E: MMM trades at 32.64 and WM at 32.13. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, MMM or WM?: Over the past five years, WM grew revenue faster — MMM at a -6.23% CAGR versus WM at 9.22%.
Does MMM or WM pay a bigger dividend?: MMM yields 1.64% and WM yields 1.56% based on trailing dividends and the latest price.
Is MMM or WM more profitable?: MMM runs the higher net margin — MMM at 11.90% versus WM at 11.12%.
How have MMM and WM total returns compared?: Over the past 10 years, MMM delivered 5.39% and WM delivered 15.06% annualized total return. Past performance doesn't predict future results.

Go deeper

Full MMM analysis Full WM analysis Interactive comparison tool

Dig into the metrics

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

3M & Waste Management appear in these rankings

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 August 13, 2026.