EME vs. MMM: EMCOR vs. 3M Stock Comparison

November 11, 2026

How do EMCOR (EME) 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

EMCOR (EME) and 3M (MMM) both fall under the Capital Goods industry group, but EME is classified in Construction & Engineering while MMM is classified in Industrial Conglomerates.

Company profile comparison for EMCOR (EME) and 3M (MMM)
Profile Item	EME	MMM
Name	EMCOR Group, Inc.	3M Company
Country/Region	United States	United States
GICS Sector	Industrials	Industrials
GICS Industry Group	Capital Goods	Capital Goods
GICS Industry	Construction & Engineering	Industrial Conglomerates
GICS Sub-Industry	Construction & Engineering	Industrial Conglomerates
Market Capitalization	26.64 billion USD	95.67 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	January 10, 1995	January 2, 1962
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

EME

MMM

GSPC

EMCOR (EME) vs. 3M (MMM), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for EMCOR (EME) and 3M (MMM). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for EMCOR (EME) and 3M (MMM). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for EMCOR (EME) and 3M (MMM)
Metric	EME	MMM
Total Return (1Y)	0.07%	16.26%
Total Return (3Y, Annualized)	46.16%	38.64%
Total Return (5Y, Annualized)	38.01%	8.14%

Risk Profile

Drawdown History

EME

MMM

GSPC

EMCOR (EME) vs. 3M (MMM), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for EMCOR (EME) and 3M (MMM). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for EMCOR (EME) and 3M (MMM)
Metric	EME	MMM
Volatility (1Y, Annualized)	43.79%	27.61%
Beta (5Y)	1.17	0.97
Max Drawdown (5Y)	-36.85%	-48.86%
Avg. Volume (3M)	402.73K	3.14M

Risk-Adjusted Performance

Risk-Return Positioning

EME and MMM are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for EMCOR (EME) and 3M (MMM)
Metric	EME	MMM
Sharpe Ratio (1Y)	-0.10	0.43
Sortino Ratio (1Y)	-0.14	0.70

Profitability

ROE (TTM)

Both companies show strong equity returns, but 3M (MMM) at 72.97% is the standout with ROE above its industry range; EMCOR (EME) at 40.55% also sits in the top quartile.

EME

Capital Goods industry group

40.55%

EME: 40.55%
Max: 40.55%
Q3: 19.29%
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%

EMCOR (EME) vs. 3M (MMM): A comparison of their ROE against the Capital Goods industry group benchmark.

Net Margin (TTM)

3M (MMM) at 14.01% retains a top-quartile share of revenue as profit, ahead of EMCOR (EME) at 7.78%, which keeps about the industry-typical share.

EME

Capital Goods industry group

7.78%

Max: 27.47%
Q3: 12.10%
EME: 7.78%
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%

EMCOR (EME) vs. 3M (MMM): A comparison of their net margin against the Capital Goods industry group benchmark.

Operating Margin (TTM)

3M (MMM) at 23.69% operates in the top operating margin quartile, ahead of EMCOR (EME) at 10.46%, which runs around its industry’s norm.

EME

Capital Goods industry group

10.46%

Max: 36.60%
Q3: 18.33%
Median: 11.12%
EME: 10.46%
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%

EMCOR (EME) vs. 3M (MMM): A comparison of their operating margin against the Capital Goods industry group benchmark.

Profitability Metrics

Profitability metrics for EMCOR (EME) and 3M (MMM)
Metric	EME	MMM
ROE (TTM)	40.55%	72.97%
ROA (TTM)	12.33%	8.22%
Net Margin (TTM)	7.78%	14.01%
Operating Margin (TTM)	10.46%	23.69%
Gross Margin (TTM)	19.59%	39.53%

Growth

Revenue Growth

EMCOR (EME) at 16.62% is around its peer norm for revenue growth, while 3M (MMM) at 1.52% drops into the bottom quartile, signaling weaker demand or pricing momentum.

EMCOR (EME) vs. 3M (MMM): A comparison of their Revenue Growth across different time periods.

EPS Growth

EMCOR (EME) at 30.99% sits in the top EPS growth quartile, while 3M (MMM) at -20.53% is closer to the peer norm — faster per-share earnings growth for EME.

EMCOR (EME) vs. 3M (MMM): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for EMCOR (EME) and 3M (MMM)
Metric	EME	MMM
Revenue Growth (YoY)	16.62%	1.52%
Revenue Growth (3Y CAGR)	15.32%	-1.57%
EPS Growth (YoY)	30.99%	-20.53%
EPS Growth (3Y CAGR)	51.54%	-16.16%

Financial Strength

Current Ratio (MRQ)

Both EMCOR (EME) at 1.17 and 3M (MMM) at 1.41 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.

EME

Capital Goods industry group

1.17

Max: 5.22
Q3: 2.95
Median: 2.08
Q1: 1.43
EME: 1.17
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

EMCOR (EME) vs. 3M (MMM): A comparison of their current ratio against the Capital Goods industry group benchmark.

Debt / Equity (MRQ)

EMCOR (EME) at 0.13 keeps leverage in the lower quartile, while 3M (MMM) at 3.04 is above its industry debt-to-equity ratio range.

EME

Capital Goods industry group

0.13

Max: 2.33
Q3: 1.12
Median: 0.60
Q1: 0.29
EME: 0.13
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

EMCOR (EME) vs. 3M (MMM): A comparison of their debt-to-equity ratio against the Capital Goods industry group benchmark.

Financial Strength Metrics

Financial strength metrics for EMCOR (EME) and 3M (MMM)
Metric	EME	MMM
Current Ratio (MRQ)	1.17	1.41
Debt / Equity (MRQ)	0.13	3.04
Net Debt / EBITDA	-0.10	1.26

Dividends

Dividend Yield (TTM)

3M (MMM) at 1.64% delivers top-quartile income for its industry, while EMCOR (EME) at 0.07% pays a more typical yield — both are credible income propositions, MMM the richer one.

EME

Capital Goods industry group

0.07%

Max: 2.66%
Q3: 1.14%
Median: 0.24%
EME: 0.07%
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%

EMCOR (EME) vs. 3M (MMM): A comparison of their dividend yield against the Capital Goods industry group benchmark.

Dividend Payout Ratio (TTM)

EMCOR (EME) at 4.19% pays out a band-typical share of earnings, while 3M (MMM) at 45.82% distributes more than its industry norm — less retained, thinner cover.

EME

Capital Goods industry group

4.19%

Max: 67.39%
Q3: 28.02%
Median: 6.86%
EME: 4.19%
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%

EMCOR (EME) vs. 3M (MMM): A comparison of their payout ratio against the Capital Goods industry group benchmark.

Dividend Metrics

Dividend metrics for EMCOR (EME) and 3M (MMM)
Metric	EME	MMM
Dividend Yield (TTM)	0.07%	1.64%
Dividend Payout Ratio (TTM)	4.19%	45.82%

Valuation

P/E Ratio (TTM)

EMCOR (EME) at 17.59 sits in the cheaper P/E ratio quartile, while 3M (MMM) at 27.63 is closer to its industry’s usual earnings multiple — a discount for EME, though growth and earnings durability still matter.

EME

Capital Goods industry group

17.59

Max: 59.38
Q3: 35.92
Median: 25.41
Q1: 19.47
EME: 17.59
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

EMCOR (EME) vs. 3M (MMM): A comparison of their P/E ratio against the Capital Goods industry group benchmark.

P/S Ratio (TTM)

EMCOR (EME) at 1.34 is priced about in line with its industry on P/S ratio, while 3M (MMM) at 3.79 sits in the pricier quartile — MMM costs more per dollar of sales.

EME

Capital Goods industry group

1.34

Max: 7.54
Q3: 3.76
Median: 2.15
EME: 1.34
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

EMCOR (EME) vs. 3M (MMM): A comparison of their P/S ratio against the Capital Goods industry group benchmark.

P/B Ratio (MRQ)

Both look rich against book: EMCOR (EME) at 6.26 sits in the upper P/B ratio quartile, and 3M (MMM) at 23.18 prices even higher, above its industry range.

EME

Capital Goods industry group

6.26

Max: 9.66
EME: 6.26
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

EMCOR (EME) vs. 3M (MMM): A comparison of their P/B ratio against the Capital Goods industry group benchmark.

Valuation Metrics

Valuation metrics for EMCOR (EME) and 3M (MMM)
Metric	EME	MMM
P/E Ratio (TTM)	17.59	27.63
P/S Ratio (TTM)	1.34	3.79
P/B Ratio (MRQ)	6.26	23.18
Free Cash Flow Yield (TTM)	4.82%	6.66%