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GEV vs. MMM: GE Vernova vs. 3M Stock Comparison

How do GE Vernova (GEV) 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

GE Vernova (GEV) and 3M (MMM) both fall under the Capital Goods industry group, but GEV is classified in Electrical Equipment while MMM is classified in Industrial Conglomerates.

3M (MMM) carries decades of public-market history since January 2, 1962, while GE Vernova (GEV) listed on March 27, 2024 — long-window comparisons have far more historical data on the MMM side.

Company profile comparison for GE Vernova (GEV) and 3M (MMM)
Profile ItemGEVMMM
NameGE Vernova Inc.3M Company
Country/RegionUnited StatesUnited States
GICS SectorIndustrialsIndustrials
GICS Industry GroupCapital GoodsCapital Goods
GICS IndustryElectrical EquipmentIndustrial Conglomerates
GICS Sub-IndustryHeavy Electrical EquipmentIndustrial Conglomerates
Market Capitalization204.89 billion USD95.67 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateMarch 27, 2024January 2, 1962
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

GEV
MMM
GSPC
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GE Vernova (GEV) 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 GE Vernova (GEV) and 3M (MMM). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for GE Vernova (GEV) and 3M (MMM)
MetricGEVMMM
Total Return (1Y)44.63%16.26%
Total Return (3Y, Annualized)--38.64%
Total Return (5Y, Annualized)--8.14%

Risk Profile

Drawdown History

GEV
MMM
GSPC
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GE Vernova (GEV) 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 GE Vernova (GEV) and 3M (MMM). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for GE Vernova (GEV) and 3M (MMM)
MetricGEVMMM
Volatility (1Y, Annualized)55.54%27.61%
Beta (5Y)1.120.97
Max Drawdown (5Y)-38.29%-48.86%
Avg. Volume (3M)2.65M3.14M

Risk-Adjusted Performance

Risk-Return Positioning

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GEV 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 GE Vernova (GEV) and 3M (MMM)
MetricGEVMMM
Sharpe Ratio (1Y)0.730.43
Sortino Ratio (1Y)1.080.70

Profitability

ROE (TTM)

Both GE Vernova (GEV) at 93.04% and 3M (MMM) at 72.97% turn shareholders’ equity into profit at rates above their industry benchmark ranges for ROE. That is a strong capital-efficiency signal, though leverage and the equity base still matter.

GEV

Capital Goods industry group

93.04%

GEV
93.04%
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%
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GE Vernova (GEV) vs. 3M (MMM): A comparison of their ROE against the Capital Goods industry group benchmark.

Net Margin (TTM)

For every dollar of sales, both GE Vernova (GEV) at 23.54% and 3M (MMM) at 14.01% retain more as net profit than most peers, landing in the top net margin quartile of their industries.

GEV

Capital Goods industry group

23.54%

Max
27.47%
GEV
23.54%
Q3
12.10%
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%
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GE Vernova (GEV) 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 GE Vernova (GEV) at 12.77%, which runs around its industry’s norm.

GEV

Capital Goods industry group

12.77%

Max
36.60%
Q3
18.33%
GEV
12.77%
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%
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GE Vernova (GEV) vs. 3M (MMM): A comparison of their operating margin against the Capital Goods industry group benchmark.

Profitability Metrics

Profitability metrics for GE Vernova (GEV) and 3M (MMM)
MetricGEVMMM
ROE (TTM)93.04%72.97%
ROA (TTM)3.22%8.22%
Net Margin (TTM)23.54%14.01%
Operating Margin (TTM)12.77%23.69%
Gross Margin (TTM)21.79%39.53%

Growth

Revenue Growth

GE Vernova (GEV) at 8.97% 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.

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GE Vernova (GEV) vs. 3M (MMM): A comparison of their Revenue Growth across different time periods.

EPS Growth

GE Vernova (GEV) at 217.03% clears its industry range for EPS growth, a much stronger earnings trajectory than 3M (MMM) at -20.53%, which is closer to a typical peer reading.

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GE Vernova (GEV) vs. 3M (MMM): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for GE Vernova (GEV) and 3M (MMM)
MetricGEVMMM
Revenue Growth (YoY)8.97%1.52%
Revenue Growth (3Y CAGR)8.68%-1.57%
EPS Growth (YoY)217.03%-20.53%
EPS Growth (3Y CAGR)---16.16%

Financial Strength

Current Ratio (MRQ)

Both GE Vernova (GEV) at 0.83 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.

GEV

Capital Goods industry group

0.83

Max
5.22
Q3
2.95
Median
2.08
Q1
1.43
GEV
0.83
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
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GE Vernova (GEV) vs. 3M (MMM): A comparison of their current ratio against the Capital Goods industry group benchmark.

Debt / Equity (MRQ)

GE Vernova (GEV) at 0.30 is near its industry mid-range for debt-to-equity ratio, while 3M (MMM) at 3.04 sits above its benchmark range, pointing to a heavier debt load relative to equity.

GEV

Capital Goods industry group

0.30

Max
2.33
Q3
1.12
Median
0.60
GEV
0.30
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
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GE Vernova (GEV) 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 GE Vernova (GEV) and 3M (MMM)
MetricGEVMMM
Current Ratio (MRQ)0.831.41
Debt / Equity (MRQ)0.303.04
Net Debt / EBITDA-2.501.26

Dividends

Dividend Yield (TTM)

3M (MMM) at 1.64% delivers top-quartile income for its industry, while GE Vernova (GEV) at 0.26% pays a more typical yield — both are credible income propositions, MMM the richer one.

GEV

Capital Goods industry group

0.26%

Max
2.66%
Q3
1.14%
GEV
0.26%
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%
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GE Vernova (GEV) vs. 3M (MMM): A comparison of their dividend yield against the Capital Goods industry group benchmark.

Dividend Payout Ratio (TTM)

GE Vernova (GEV) at 4.59% pays out a band-typical share of earnings, while 3M (MMM) at 45.82% distributes more than its industry norm — less retained, thinner cover.

GEV

Capital Goods industry group

4.59%

Max
67.39%
Q3
28.02%
Median
6.86%
GEV
4.59%
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%
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GE Vernova (GEV) vs. 3M (MMM): A comparison of their payout ratio against the Capital Goods industry group benchmark.

Dividend Metrics

Dividend metrics for GE Vernova (GEV) and 3M (MMM)
MetricGEVMMM
Dividend Yield (TTM)0.26%1.64%
Dividend Payout Ratio (TTM)4.59%45.82%

Valuation

P/E Ratio (TTM)

Both GE Vernova (GEV) at 20.32 and 3M (MMM) at 27.63 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

GEV

Capital Goods industry group

20.32

Max
59.38
Q3
35.92
Median
25.41
GEV
20.32
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
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GE Vernova (GEV) vs. 3M (MMM): A comparison of their P/E ratio against the Capital Goods industry group benchmark.

P/S Ratio (TTM)

Both GE Vernova (GEV) at 4.65 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.

GEV

Capital Goods industry group

4.65

Max
7.54
GEV
4.65
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
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GE Vernova (GEV) vs. 3M (MMM): A comparison of their P/S ratio against the Capital Goods industry group benchmark.

P/B Ratio (MRQ)

Measured against book value, both GE Vernova (GEV) at 18.00 and 3M (MMM) at 23.18 look expensive — each P/B ratio sits above its industry’s benchmark range.

GEV

Capital Goods industry group

18.00

GEV
18.00
Max
9.66
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
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GE Vernova (GEV) vs. 3M (MMM): A comparison of their P/B ratio against the Capital Goods industry group benchmark.

Valuation Metrics

Valuation metrics for GE Vernova (GEV) and 3M (MMM)
MetricGEVMMM
P/E Ratio (TTM)20.3227.63
P/S Ratio (TTM)4.653.79
P/B Ratio (MRQ)18.0023.18
Free Cash Flow Yield (TTM)10.79%6.66%