Is MMM or WM cheaper?

On trailing earnings, MMM is cheaper: MMM trades at a 31.60 P/E and WM at 32.64.

Which has grown faster, MMM or WM?

Over the past five years, WM grew revenue faster — MMM at a -5.36% CAGR versus WM at 10.25%.

Does MMM or WM pay a bigger dividend?

MMM yields 1.90% and WM yields 1.68% based on trailing dividends and the latest price.

Is MMM or WM more profitable?

MMM runs the higher net margin — MMM at 11.14% versus WM at 10.99%.

Which has been the better investment, MMM or WM?

Over the past 10-year, WM delivered the higher annualized total return — MMM at 4.86% versus WM at 15.53%. Past performance doesn't predict future results.

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

MMM leads on 8 of 15 compared metrics.

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 June 28, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Waste Management, Inc.

$90.57B

$225.53Industrials

Total return — MMM vs WM

growth of $100 · last 30y

MMM +468.7%WM +664.5%WM compounded faster

MMM WM

MMM vs WM: by the numbers

•WM is the larger company ($90.57B vs $85.54B market cap).
•MMM trades at the lower earnings multiple (31.60 vs 32.64 P/E).
•MMM converts more revenue to profit (11.14% vs 10.99% net margin).
•WM grew revenue faster over the past five years (10.25% vs -5.36% CAGR).
•MMM pays the higher dividend yield (1.90% vs 1.68%).

Which is better, MMM or WM?

Metric tally: MMM 8 · WM 7

It depends on what you're optimizing for:

ValueMMM(lower P/E)

GrowthWM(faster 5Y revenue CAGR)

IncomeMMM(higher dividend yield)

QualityMMM(higher ROIC)

Metrics side by side

Valuation

Metric	MMM	WM
P/E ratio	31.60●	32.64
Forward P/E	17.26●	24.48
P/S ratio	3.49●	3.59
P/B ratio	26.78	9.10●
PEG ratio	—	2.39
EV / EBITDA	15.40	14.85●
FCF yield	2.36%	3.61%●

Profitability

Metric	MMM	WM
Gross margin	39.51%●	32.06%
Operating margin	19.60%●	18.46%
Net margin	11.14%	10.99%
ROE	85.41%●	27.88%
ROIC	11.53%●	8.88%

Dividends

Metric	MMM	WM
Dividend yield	1.90%●	1.68%
Payout ratio	51.66%	56.25%

Growth (annualized)

Metric	MMM	WM
Revenue CAGR (5Y)	-5.36%	10.25%●
EPS CAGR (5Y)	-8.53%	13.68%●
FCF CAGR (5Y)	-21.95%	7.28%●
Total return CAGR (5Y)	3.79%	11.87%●

Frequently asked

Which is better, MMM or WM?: It depends on your goal. value: MMM (lower P/E); growth: WM (faster 5Y revenue CAGR); income: MMM (higher dividend yield); quality: MMM (higher ROIC). Across all compared metrics, MMM leads 8 to 7.
Is MMM or WM cheaper?: On trailing earnings, MMM is cheaper: MMM trades at a 31.60 P/E and WM at 32.64.
Which has grown faster, MMM or WM?: Over the past five years, WM grew revenue faster — MMM at a -5.36% CAGR versus WM at 10.25%.
Does MMM or WM pay a bigger dividend?: MMM yields 1.90% and WM yields 1.68% based on trailing dividends and the latest price.
Is MMM or WM more profitable?: MMM runs the higher net margin — MMM at 11.14% versus WM at 10.99%.
Which has been the better investment, MMM or WM?: Over the past 10-year, WM delivered the higher annualized total return — MMM at 4.86% versus WM at 15.53%. 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 Best 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 June 28, 2026.