HEI vs. MMM: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at HEI and MMM, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Profile
| Symbol | HEI | MMM |
|---|---|---|
| Company Name | HEICO Corporation | 3M Company |
| Country | United States | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry | Aerospace & Defense | Industrial Conglomerates |
| Market Capitalization | 37.08 billion USD | 82.42 billion USD |
| Exchange | NYSE | NYSE |
| Listing Date | March 17, 1980 | January 2, 1962 |
| Security Type | Common Stock | Common Stock |
Historical Performance
This chart compares the performance of HEI and MMM by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.
Historical Performance at a Glance
| Symbol | HEI | MMM |
|---|---|---|
| 5-Day Price Return | -1.28% | -1.21% |
| 13-Week Price Return | 9.28% | 0.40% |
| 26-Week Price Return | 36.74% | 4.05% |
| 52-Week Price Return | 28.60% | 21.77% |
| Month-to-Date Return | -5.99% | 3.71% |
| Year-to-Date Return | 29.23% | 19.88% |
| 10-Day Avg. Volume | 0.36M | 3.22M |
| 3-Month Avg. Volume | 0.46M | 3.45M |
| 3-Month Volatility | 27.71% | 23.14% |
| Beta | 1.10 | 1.04 |
Profitability
Return on Equity (TTM)
HEI
16.14%
Aerospace & Defense Industry
- Max
- 43.89%
- Q3
- 22.42%
- Median
- 12.50%
- Q1
- 5.21%
- Min
- -6.24%
HEI’s Return on Equity of 16.14% is on par with the norm for the Aerospace & Defense industry, indicating its profitability relative to shareholder equity is typical for the sector.
MMM
91.40%
Industrial Conglomerates Industry
- Max
- 21.93%
- Q3
- 14.23%
- Median
- 7.81%
- Q1
- 5.91%
- Min
- -3.58%
MMM’s Return on Equity of 91.40% is exceptionally high, placing it well beyond the typical range for the Industrial Conglomerates industry. This demonstrates a superior ability to generate profit from shareholder investments, though it could also be inflated by high financial leverage.
Net Profit Margin (TTM)
HEI
14.54%
Aerospace & Defense Industry
- Max
- 14.54%
- Q3
- 8.08%
- Median
- 6.17%
- Q1
- 2.49%
- Min
- -1.63%
A Net Profit Margin of 14.54% places HEI in the upper quartile for the Aerospace & Defense industry, signifying strong profitability and more effective cost management than most of its peers.
MMM
16.01%
Industrial Conglomerates Industry
- Max
- 18.70%
- Q3
- 12.58%
- Median
- 9.26%
- Q1
- 3.87%
- Min
- -2.26%
A Net Profit Margin of 16.01% places MMM in the upper quartile for the Industrial Conglomerates industry, signifying strong profitability and more effective cost management than most of its peers.
Operating Profit Margin (TTM)
HEI
22.01%
Aerospace & Defense Industry
- Max
- 16.63%
- Q3
- 10.38%
- Median
- 8.29%
- Q1
- 6.21%
- Min
- 0.95%
HEI’s Operating Profit Margin of 22.01% is exceptionally high, placing it well above the typical range for the Aerospace & Defense industry. This demonstrates outstanding efficiency in managing its core operations, which can be a result of strong pricing power or superior cost control.
MMM
19.46%
Industrial Conglomerates Industry
- Max
- 25.69%
- Q3
- 17.03%
- Median
- 12.85%
- Q1
- 8.81%
- Min
- -0.73%
An Operating Profit Margin of 19.46% places MMM in the upper quartile for the Industrial Conglomerates industry. This signals a strong ability to translate revenue into operating profit, outperforming most of its competitors in core business efficiency.
Profitability at a Glance
| Symbol | HEI | MMM |
|---|---|---|
| Return on Equity (TTM) | 16.14% | 91.40% |
| Return on Assets (TTM) | 7.76% | 9.93% |
| Net Profit Margin (TTM) | 14.54% | 16.01% |
| Operating Profit Margin (TTM) | 22.01% | 19.46% |
| Gross Profit Margin (TTM) | 39.35% | 41.11% |
Financial Strength
Current Ratio (MRQ)
HEI
3.43
Aerospace & Defense Industry
- Max
- 3.09
- Q3
- 1.98
- Median
- 1.23
- Q1
- 1.03
- Min
- 0.02
HEI’s Current Ratio of 3.43 is exceptionally high, placing it well outside the typical range for the Aerospace & Defense industry. This indicates a very strong liquidity position, though such a high ratio may also suggest that the company is not using its assets efficiently to generate profits.
MMM
1.72
Industrial Conglomerates Industry
- Max
- 2.19
- Q3
- 1.64
- Median
- 1.38
- Q1
- 1.13
- Min
- 0.61
MMM’s Current Ratio of 1.72 is in the upper quartile for the Industrial Conglomerates industry. This signifies a strong liquidity position, suggesting the company is well-equipped to cover its immediate liabilities compared to its peers.
Debt-to-Equity Ratio (MRQ)
HEI
0.57
Aerospace & Defense Industry
- Max
- 1.70
- Q3
- 1.04
- Median
- 0.68
- Q1
- 0.41
- Min
- 0.00
HEI’s Debt-to-Equity Ratio of 0.57 is typical for the Aerospace & Defense industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.
MMM
3.06
Industrial Conglomerates Industry
- Max
- 2.27
- Q3
- 1.47
- Median
- 0.99
- Q1
- 0.66
- Min
- 0.21
With a Debt-to-Equity Ratio of 3.06, MMM operates with exceptionally high leverage compared to the Industrial Conglomerates industry norm. This suggests an aggressive reliance on debt financing, which can magnify returns but also significantly elevates financial risk.
Interest Coverage Ratio (TTM)
HEI
5.54
Aerospace & Defense Industry
- Max
- 36.57
- Q3
- 19.90
- Median
- 7.04
- Q1
- 2.40
- Min
- -7.63
HEI’s Interest Coverage Ratio of 5.54 is positioned comfortably within the norm for the Aerospace & Defense industry, indicating a standard and healthy capacity to cover its interest payments.
MMM
-15.31
Industrial Conglomerates Industry
- Max
- 11.17
- Q3
- 8.02
- Median
- 5.88
- Q1
- 2.73
- Min
- -2.15
MMM has a negative Interest Coverage Ratio of -15.31. This indicates that its earnings were insufficient to cover even its operational costs, let alone its interest payments, signaling significant financial distress.
Financial Strength at a Glance
| Symbol | HEI | MMM |
|---|---|---|
| Current Ratio (MRQ) | 3.43 | 1.72 |
| Quick Ratio (MRQ) | 1.44 | 1.12 |
| Debt-to-Equity Ratio (MRQ) | 0.57 | 3.06 |
| Interest Coverage Ratio (TTM) | 5.54 | -15.31 |
Growth
Revenue Growth
EPS Growth
Dividend
Dividend Yield (TTM)
HEI
0.08%
Aerospace & Defense Industry
- Max
- 2.03%
- Q3
- 1.22%
- Median
- 0.43%
- Q1
- 0.00%
- Min
- 0.00%
HEI’s Dividend Yield of 0.08% is consistent with its peers in the Aerospace & Defense industry, providing a dividend return that is standard for its sector.
MMM
1.88%
Industrial Conglomerates Industry
- Max
- 10.17%
- Q3
- 5.53%
- Median
- 3.14%
- Q1
- 1.88%
- Min
- 0.00%
MMM’s Dividend Yield of 1.88% is in the lower quartile for the Industrial Conglomerates industry. This suggests the company’s strategy likely favors retaining earnings for growth over providing a high dividend income.
Dividend Payout Ratio (TTM)
HEI
10.02%
Aerospace & Defense Industry
- Max
- 83.87%
- Q3
- 49.90%
- Median
- 16.48%
- Q1
- 0.00%
- Min
- 0.00%
HEI’s Dividend Payout Ratio of 10.02% is within the typical range for the Aerospace & Defense industry, suggesting a balanced approach between shareholder payouts and company reinvestment.
MMM
39.27%
Industrial Conglomerates Industry
- Max
- 181.91%
- Q3
- 95.57%
- Median
- 50.60%
- Q1
- 35.01%
- Min
- 1.76%
MMM’s Dividend Payout Ratio of 39.27% is within the typical range for the Industrial Conglomerates industry, suggesting a balanced approach between shareholder payouts and company reinvestment.
Dividend at a Glance
| Symbol | HEI | MMM |
|---|---|---|
| Dividend Yield (TTM) | 0.08% | 1.88% |
| Dividend Payout Ratio (TTM) | 10.02% | 39.27% |
Valuation
Price-to-Earnings Ratio (TTM)
HEI
61.85
Aerospace & Defense Industry
- Max
- 65.97
- Q3
- 54.11
- Median
- 34.53
- Q1
- 23.66
- Min
- 0.00
A P/E Ratio of 61.85 places HEI in the upper quartile for the Aerospace & Defense industry. This high valuation relative to peers suggests the market holds elevated expectations for the company’s future growth.
MMM
20.92
Industrial Conglomerates Industry
- Max
- 36.98
- Q3
- 22.09
- Median
- 12.18
- Q1
- 8.93
- Min
- 5.63
MMM’s P/E Ratio of 20.92 is within the middle range for the Industrial Conglomerates industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.
Price-to-Sales Ratio (TTM)
HEI
8.99
Aerospace & Defense Industry
- Max
- 8.07
- Q3
- 4.49
- Median
- 2.42
- Q1
- 1.39
- Min
- 0.00
With a P/S Ratio of 8.99, HEI trades at a valuation that eclipses even the highest in the Aerospace & Defense industry. This implies the market has priced in exceptionally optimistic scenarios for future revenue growth, posing considerable valuation risk.
MMM
3.35
Industrial Conglomerates Industry
- Max
- 3.60
- Q3
- 2.10
- Median
- 0.68
- Q1
- 0.42
- Min
- 0.11
MMM’s P/S Ratio of 3.35 is in the upper echelon for the Industrial Conglomerates industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.
Price-to-Book Ratio (MRQ)
HEI
7.73
Aerospace & Defense Industry
- Max
- 13.67
- Q3
- 7.92
- Median
- 4.65
- Q1
- 2.68
- Min
- 0.82
HEI’s P/B Ratio of 7.73 is within the conventional range for the Aerospace & Defense industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.
MMM
18.90
Industrial Conglomerates Industry
- Max
- 4.89
- Q3
- 2.51
- Median
- 1.06
- Q1
- 0.60
- Min
- 0.27
At 18.90, MMM’s P/B Ratio is at an extreme premium to the Industrial Conglomerates industry. This signifies that the market’s valuation is heavily reliant on future potential rather than its current net asset value, which can be a high-risk proposition.
Valuation at a Glance
| Symbol | HEI | MMM |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 61.85 | 20.92 |
| Price-to-Sales Ratio (TTM) | 8.99 | 3.35 |
| Price-to-Book Ratio (MRQ) | 7.73 | 18.90 |
| Price-to-Free Cash Flow Ratio (TTM) | 48.78 | 30.86 |