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HON vs. MMM: A Head-to-Head Stock Comparison

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Here’s a clear look at HON and MMM, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.

Company Profile

SymbolHONMMM
Company NameHoneywell International Inc.3M Company
CountryUnited StatesUnited States
GICS SectorIndustrialsIndustrials
GICS IndustryIndustrial ConglomeratesIndustrial Conglomerates
Market Capitalization140.47 billion USD83.37 billion USD
ExchangeNasdaqGSNYSE
Listing DateJanuary 2, 1962January 2, 1962
Security TypeCommon StockCommon Stock

Historical Performance

This chart compares the performance of HON 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.

HON vs. MMM: Growth of a $10,000 investment over the past one year.

Historical Performance at a Glance

SymbolHONMMM
5-Day Price Return1.76%1.39%
13-Week Price Return-2.30%4.71%
26-Week Price Return4.39%7.97%
52-Week Price Return8.54%18.72%
Month-to-Date Return-0.49%4.90%
Year-to-Date Return-2.05%21.26%
10-Day Avg. Volume3.07M2.92M
3-Month Avg. Volume3.61M3.34M
3-Month Volatility19.31%23.03%
Beta1.071.05

Profitability

Return on Equity (TTM)

HON

32.86%

Industrial Conglomerates Industry

Max
21.93%
Q3
14.23%
Median
7.81%
Q1
5.91%
Min
-3.58%

HON’s Return on Equity of 32.86% 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.

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.

HON vs. MMM: A comparison of their Return on Equity (TTM) against the Industrial Conglomerates industry benchmark.

Net Profit Margin (TTM)

HON

14.30%

Industrial Conglomerates Industry

Max
18.70%
Q3
12.58%
Median
9.26%
Q1
3.87%
Min
-2.26%

A Net Profit Margin of 14.30% places HON in the upper quartile for the Industrial Conglomerates 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.

HON vs. MMM: A comparison of their Net Profit Margin (TTM) against the Industrial Conglomerates industry benchmark.

Operating Profit Margin (TTM)

HON

17.81%

Industrial Conglomerates Industry

Max
25.69%
Q3
17.03%
Median
12.85%
Q1
8.81%
Min
-0.73%

An Operating Profit Margin of 17.81% places HON 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.

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.

HON vs. MMM: A comparison of their Operating Profit Margin (TTM) against the Industrial Conglomerates industry benchmark.

Profitability at a Glance

SymbolHONMMM
Return on Equity (TTM)32.86%91.40%
Return on Assets (TTM)7.56%9.93%
Net Profit Margin (TTM)14.30%16.01%
Operating Profit Margin (TTM)17.81%19.46%
Gross Profit Margin (TTM)38.08%41.11%

Financial Strength

Current Ratio (MRQ)

HON

1.29

Industrial Conglomerates Industry

Max
2.19
Q3
1.64
Median
1.38
Q1
1.13
Min
0.61

HON’s Current Ratio of 1.29 aligns with the median group of the Industrial Conglomerates industry, indicating that its short-term liquidity is in line with its sector peers.

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.

HON vs. MMM: A comparison of their Current Ratio (MRQ) against the Industrial Conglomerates industry benchmark.

Debt-to-Equity Ratio (MRQ)

HON

2.27

Industrial Conglomerates Industry

Max
2.27
Q3
1.47
Median
0.99
Q1
0.66
Min
0.21

HON’s leverage is in the upper quartile of the Industrial Conglomerates industry, with a Debt-to-Equity Ratio of 2.27. While this approach can boost equity growth, it also exposes the company to greater financial vulnerability.

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.

HON vs. MMM: A comparison of their Debt-to-Equity Ratio (MRQ) against the Industrial Conglomerates industry benchmark.

Interest Coverage Ratio (TTM)

HON

7.76

Industrial Conglomerates Industry

Max
11.17
Q3
8.02
Median
5.88
Q1
2.73
Min
-2.15

HON’s Interest Coverage Ratio of 7.76 is positioned comfortably within the norm for the Industrial Conglomerates 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.

HON vs. MMM: A comparison of their Interest Coverage Ratio (TTM) against the Industrial Conglomerates industry benchmark.

Financial Strength at a Glance

SymbolHONMMM
Current Ratio (MRQ)1.291.72
Quick Ratio (MRQ)0.971.12
Debt-to-Equity Ratio (MRQ)2.273.06
Interest Coverage Ratio (TTM)7.76-15.31

Growth

Revenue Growth

HON vs. MMM: A side-by-side comparison of their Revenue Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

EPS Growth

HON vs. MMM: A side-by-side comparison of their EPS Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

Dividend

Dividend Yield (TTM)

HON

2.13%

Industrial Conglomerates Industry

Max
10.17%
Q3
5.53%
Median
3.14%
Q1
1.88%
Min
0.00%

HON’s Dividend Yield of 2.13% is consistent with its peers in the Industrial Conglomerates 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.

HON vs. MMM: A comparison of their Dividend Yield (TTM) against the Industrial Conglomerates industry benchmark.

Dividend Payout Ratio (TTM)

HON

51.34%

Industrial Conglomerates Industry

Max
181.91%
Q3
95.57%
Median
50.60%
Q1
35.01%
Min
1.76%

HON’s Dividend Payout Ratio of 51.34% is within the typical range for the Industrial Conglomerates 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.

HON vs. MMM: A comparison of their Dividend Payout Ratio (TTM) against the Industrial Conglomerates industry benchmark.

Dividend at a Glance

SymbolHONMMM
Dividend Yield (TTM)2.13%1.88%
Dividend Payout Ratio (TTM)51.34%39.27%

Valuation

Price-to-Earnings Ratio (TTM)

HON

24.10

Industrial Conglomerates Industry

Max
36.98
Q3
22.09
Median
12.18
Q1
8.93
Min
5.63

A P/E Ratio of 24.10 places HON in the upper quartile for the Industrial Conglomerates 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.

HON vs. MMM: A comparison of their Price-to-Earnings Ratio (TTM) against the Industrial Conglomerates industry benchmark.

Price-to-Sales Ratio (TTM)

HON

3.45

Industrial Conglomerates Industry

Max
3.60
Q3
2.10
Median
0.68
Q1
0.42
Min
0.11

HON’s P/S Ratio of 3.45 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.

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.

HON vs. MMM: A comparison of their Price-to-Sales Ratio (TTM) against the Industrial Conglomerates industry benchmark.

Price-to-Book Ratio (MRQ)

HON

9.30

Industrial Conglomerates Industry

Max
4.89
Q3
2.51
Median
1.06
Q1
0.60
Min
0.27

At 9.30, HON’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.

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.

HON vs. MMM: A comparison of their Price-to-Book Ratio (MRQ) against the Industrial Conglomerates industry benchmark.

Valuation at a Glance

SymbolHONMMM
Price-to-Earnings Ratio (TTM)24.1020.92
Price-to-Sales Ratio (TTM)3.453.35
Price-to-Book Ratio (MRQ)9.3018.90
Price-to-Free Cash Flow Ratio (TTM)27.7330.86