IEX vs. MMM: IDEX vs. 3M Stock Comparison
How do IDEX (IEX) 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
IDEX (IEX) and 3M (MMM) both fall under the Capital Goods industry group, but IEX is classified in Machinery while MMM is classified in Industrial Conglomerates.
| Profile Item | IEX | MMM |
|---|---|---|
| Name | IDEX Corporation | 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 | Industrial Machinery & Supplies & Components | Industrial Conglomerates |
| Market Capitalization | 16.67 billion USD | 95.67 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | June 2, 1989 | January 2, 1962 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | IEX | MMM |
|---|---|---|
| Total Return (1Y) | 42.33% | 16.26% |
| Total Return (3Y, Annualized) | 8.92% | 38.64% |
| Total Return (5Y, Annualized) | 1.31% | 8.14% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | IEX | MMM |
|---|---|---|
| Volatility (1Y, Annualized) | 22.98% | 27.61% |
| Beta (5Y) | 0.95 | 0.97 |
| Max Drawdown (5Y) | -34.60% | -48.86% |
| Avg. Volume (3M) | 666.74K | 3.14M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | IEX | MMM |
|---|---|---|
| Sharpe Ratio (1Y) | 1.66 | 0.43 |
| Sortino Ratio (1Y) | 2.64 | 0.70 |
Profitability
ROE (TTM)
3M (MMM) at 72.97% clears its industry range for ROE, a sharper capital-efficiency signal than IDEX (IEX) at 13.35%, which is closer to a typical peer reading.
IEX
Capital Goods industry group
13.35%
- Max
- 40.55%
- Q3
- 19.29%
- IEX
- 13.35%
- 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)
For every dollar of sales, both IDEX (IEX) at 14.65% and 3M (MMM) at 14.01% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
IEX
Capital Goods industry group
14.65%
- Max
- 27.47%
- IEX
- 14.65%
- 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%
Operating Margin (TTM)
Both IDEX (IEX) at 22.33% and 3M (MMM) at 23.69% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.
IEX
Capital Goods industry group
22.33%
- Max
- 36.60%
- IEX
- 22.33%
- Q3
- 18.33%
- 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 | IEX | MMM |
|---|---|---|
| ROE (TTM) | 13.35% | 72.97% |
| ROA (TTM) | 7.06% | 8.22% |
| Net Margin (TTM) | 14.65% | 14.01% |
| Operating Margin (TTM) | 22.33% | 23.69% |
| Gross Margin (TTM) | 44.91% | 39.53% |
Growth
Revenue Growth
IDEX (IEX) at 5.77% 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.
EPS Growth
Both IDEX (IEX) at -3.46% and 3M (MMM) at -20.53% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | IEX | MMM |
|---|---|---|
| Revenue Growth (YoY) | 5.77% | 1.52% |
| Revenue Growth (3Y CAGR) | 2.81% | -1.57% |
| EPS Growth (YoY) | -3.46% | -20.53% |
| EPS Growth (3Y CAGR) | -5.97% | -16.16% |
Financial Strength
Current Ratio (MRQ)
IDEX (IEX) at 2.78 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.
IEX
Capital Goods industry group
2.78
- Max
- 5.22
- Q3
- 2.95
- IEX
- 2.78
- 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)
IDEX (IEX) at 0.44 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.
IEX
Capital Goods industry group
0.44
- Max
- 2.33
- Q3
- 1.12
- Median
- 0.60
- IEX
- 0.44
- 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 | IEX | MMM |
|---|---|---|
| Current Ratio (MRQ) | 2.78 | 1.41 |
| Debt / Equity (MRQ) | 0.44 | 3.04 |
| Net Debt / EBITDA | 1.18 | 1.26 |
Dividends
Dividend Yield (TTM)
Both IDEX (IEX) at 1.30% and 3M (MMM) at 1.64% offer top-quartile dividend income relative to share price within their industries.
IEX
Capital Goods industry group
1.30%
- Max
- 2.66%
- IEX
- 1.30%
- Q3
- 1.14%
- 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 IDEX (IEX) at 50.14% and 3M (MMM) at 45.82% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.
IEX
Capital Goods industry group
50.14%
- Max
- 67.39%
- IEX
- 50.14%
- 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 | IEX | MMM |
|---|---|---|
| Dividend Yield (TTM) | 1.30% | 1.64% |
| Dividend Payout Ratio (TTM) | 50.14% | 45.82% |
Valuation
P/E Ratio (TTM)
Both IDEX (IEX) at 31.53 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.
IEX
Capital Goods industry group
31.53
- Max
- 59.38
- Q3
- 35.92
- IEX
- 31.53
- 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 IDEX (IEX) at 4.56 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.
IEX
Capital Goods industry group
4.56
- Max
- 7.54
- IEX
- 4.56
- 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)
IDEX (IEX) at 4.17 sits near its industry’s typical P/B ratio, while 3M (MMM) at 23.18 prices above its benchmark range — MMM looks rich relative to book.
IEX
Capital Goods industry group
4.17
- Max
- 9.66
- Q3
- 5.00
- IEX
- 4.17
- 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 | IEX | MMM |
|---|---|---|
| P/E Ratio (TTM) | 31.53 | 27.63 |
| P/S Ratio (TTM) | 4.56 | 3.79 |
| P/B Ratio (MRQ) | 4.17 | 23.18 |
| Free Cash Flow Yield (TTM) | 3.50% | 6.66% |