DE vs. MMM: Deere vs. 3M Stock Comparison
How do Deere (DE) and 3M (MMM) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Deere (DE) and 3M (MMM) both fall under the Capital Goods industry group, but DE is classified in Machinery while MMM is classified in Industrial Conglomerates.
| Profile Item | DE | MMM |
|---|---|---|
| Name | Deere & Company | 3M Company |
| Country/Region | United States | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Machinery | Industrial Conglomerates |
| GICS Sub-Industry | Agricultural & Farm Machinery | Industrial Conglomerates |
| Market Capitalization | 181.09 billion USD | 95.67 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | June 1, 1972 | January 2, 1962 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | DE | MMM |
|---|---|---|
| Total Return (1Y) | 49.27% | 16.26% |
| Total Return (3Y, Annualized) | 24.81% | 38.64% |
| Total Return (5Y, Annualized) | 15.67% | 8.14% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | DE | MMM |
|---|---|---|
| Volatility (1Y, Annualized) | 33.18% | 27.61% |
| Beta (5Y) | 0.88 | 0.97 |
| Max Drawdown (5Y) | -33.81% | -48.86% |
| Avg. Volume (3M) | 1.23M | 3.14M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | DE | MMM |
|---|---|---|
| Sharpe Ratio (1Y) | 1.36 | 0.43 |
| Sortino Ratio (1Y) | 2.26 | 0.70 |
Profitability
ROE (TTM)
3M (MMM) at 72.97% clears its industry range for ROE, a sharper capital-efficiency signal than Deere (DE) at 18.24%, which is closer to a typical peer reading.
DE
Capital Goods industry group
18.24%
- Max
- 40.55%
- Q3
- 19.29%
- DE
- 18.24%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
MMM
Capital Goods industry group
72.97%
- MMM
- 72.97%
- Max
- 40.55%
- Q3
- 19.29%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
Net Margin (TTM)
3M (MMM) at 14.01% retains a top-quartile share of revenue as profit, ahead of Deere (DE) at 10.17%, which keeps about the industry-typical share.
DE
Capital Goods industry group
10.17%
- Max
- 27.47%
- Q3
- 12.10%
- DE
- 10.17%
- Median
- 6.30%
- Q1
- 1.40%
- Min
- -12.89%
MMM
Capital Goods industry group
14.01%
- Max
- 27.47%
- MMM
- 14.01%
- Q3
- 12.10%
- Median
- 6.30%
- Q1
- 1.40%
- Min
- -12.89%
Operating Margin (TTM)
3M (MMM) at 23.69% operates in the top operating margin quartile, ahead of Deere (DE) at 13.37%, which runs around its industry’s norm.
DE
Capital Goods industry group
13.37%
- Max
- 36.60%
- Q3
- 18.33%
- DE
- 13.37%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
MMM
Capital Goods industry group
23.69%
- Max
- 36.60%
- MMM
- 23.69%
- Q3
- 18.33%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
Profitability Metrics
| Metric | DE | MMM |
|---|---|---|
| ROE (TTM) | 18.24% | 72.97% |
| ROA (TTM) | 3.76% | 8.22% |
| Net Margin (TTM) | 10.17% | 14.01% |
| Operating Margin (TTM) | 13.37% | 23.69% |
| Gross Margin (TTM) | 25.18% | 39.53% |
Growth
Revenue Growth
Both Deere (DE) at -11.59% and 3M (MMM) at 1.52% post bottom-quartile revenue growth versus peers, pointing to weaker demand or pricing momentum than typical rivals.
EPS Growth
3M (MMM) at -20.53% is around its peer norm for EPS growth, while Deere (DE) at -27.79% drops into the bottom quartile, signaling weaker earnings momentum.
Growth Metrics
| Metric | DE | MMM |
|---|---|---|
| Revenue Growth (YoY) | -11.59% | 1.52% |
| Revenue Growth (3Y CAGR) | -4.50% | -1.57% |
| EPS Growth (YoY) | -27.79% | -20.53% |
| EPS Growth (3Y CAGR) | -7.37% | -16.16% |
Financial Strength
Current Ratio (MRQ)
Deere (DE) at 2.13 keeps current ratio within its industry’s typical mid-range, while 3M (MMM) at 1.41 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for MMM.
DE
Capital Goods industry group
2.13
- Max
- 5.22
- Q3
- 2.95
- DE
- 2.13
- Median
- 2.08
- Q1
- 1.43
- Min
- 0.36
MMM
Capital Goods industry group
1.41
- Max
- 5.22
- Q3
- 2.95
- Median
- 2.08
- Q1
- 1.43
- MMM
- 1.41
- Min
- 0.36
Debt / Equity (MRQ)
Both balance sheets lean debt-heavy versus peers, but MMM is more stretched: Deere (DE) at 2.30 sits in the higher-leverage quartile and 3M (MMM) at 3.04 is above its industry benchmark range.
DE
Capital Goods industry group
2.30
- Max
- 2.33
- DE
- 2.30
- Q3
- 1.12
- Median
- 0.60
- Q1
- 0.29
- Min
- 0.00
MMM
Capital Goods industry group
3.04
- MMM
- 3.04
- Max
- 2.33
- Q3
- 1.12
- Median
- 0.60
- Q1
- 0.29
- Min
- 0.00
Financial Strength Metrics
| Metric | DE | MMM |
|---|---|---|
| Current Ratio (MRQ) | 2.13 | 1.41 |
| Debt / Equity (MRQ) | 2.30 | 3.04 |
| Net Debt / EBITDA | 6.70 | 1.26 |
Dividends
Dividend Yield (TTM)
3M (MMM) at 1.64% delivers top-quartile income for its industry, while Deere (DE) at 0.98% pays a more typical yield — both are credible income propositions, MMM the richer one.
DE
Capital Goods industry group
0.98%
- Max
- 2.66%
- Q3
- 1.14%
- DE
- 0.98%
- Median
- 0.24%
- Q1
- 0.00%
- Min
- 0.00%
MMM
Capital Goods industry group
1.64%
- Max
- 2.66%
- MMM
- 1.64%
- Q3
- 1.14%
- Median
- 0.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Deere (DE) at 36.02% and 3M (MMM) at 45.82% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.
DE
Capital Goods industry group
36.02%
- Max
- 67.39%
- DE
- 36.02%
- Q3
- 28.02%
- Median
- 6.86%
- Q1
- 0.00%
- Min
- 0.00%
MMM
Capital Goods industry group
45.82%
- Max
- 67.39%
- MMM
- 45.82%
- Q3
- 28.02%
- Median
- 6.86%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | DE | MMM |
|---|---|---|
| Dividend Yield (TTM) | 0.98% | 1.64% |
| Dividend Payout Ratio (TTM) | 36.02% | 45.82% |
Valuation
P/E Ratio (TTM)
3M (MMM) at 27.63 is near its industry’s usual P/E ratio, while Deere (DE) at 37.33 sits in the richer quartile — DE needs stronger growth or earnings quality to justify the premium.
DE
Capital Goods industry group
37.33
- Max
- 59.38
- DE
- 37.33
- Q3
- 35.92
- Median
- 25.41
- Q1
- 19.47
- Min
- 3.03
MMM
Capital Goods industry group
27.63
- Max
- 59.38
- Q3
- 35.92
- MMM
- 27.63
- Median
- 25.41
- Q1
- 19.47
- Min
- 3.03
P/S Ratio (TTM)
Both Deere (DE) at 3.78 and 3M (MMM) at 3.79 command a richer price per dollar of sales than most peers, sitting in the upper P/S ratio quartile of their industries.
DE
Capital Goods industry group
3.78
- Max
- 7.54
- DE
- 3.78
- Q3
- 3.76
- Median
- 2.15
- Q1
- 1.03
- Min
- 0.03
MMM
Capital Goods industry group
3.79
- Max
- 7.54
- MMM
- 3.79
- Q3
- 3.76
- Median
- 2.15
- Q1
- 1.03
- Min
- 0.03
P/B Ratio (MRQ)
Both look rich against book: Deere (DE) at 6.47 sits in the upper P/B ratio quartile, and 3M (MMM) at 23.18 prices even higher, above its industry range.
DE
Capital Goods industry group
6.47
- Max
- 9.66
- DE
- 6.47
- Q3
- 5.00
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
MMM
Capital Goods industry group
23.18
- MMM
- 23.18
- Max
- 9.66
- Q3
- 5.00
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
Valuation Metrics
| Metric | DE | MMM |
|---|---|---|
| P/E Ratio (TTM) | 37.33 | 27.63 |
| P/S Ratio (TTM) | 3.78 | 3.79 |
| P/B Ratio (MRQ) | 6.47 | 23.18 |
| Free Cash Flow Yield (TTM) | 2.49% | 6.66% |