JCI vs. MMM: Johnson Controls vs. 3M Stock Comparison

November 11, 2026

How do Johnson Controls (JCI) 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

Johnson Controls (JCI) and 3M (MMM) both fall under the Capital Goods industry group, but JCI is classified in Building Products while MMM is classified in Industrial Conglomerates.

Company profile comparison for Johnson Controls (JCI) and 3M (MMM)
Profile Item	JCI	MMM
Name	Johnson Controls International plc	3M Company
Country/Region	Ireland	United States
GICS Sector	Industrials	Industrials
GICS Industry Group	Capital Goods	Capital Goods
GICS Industry	Building Products	Industrial Conglomerates
GICS Sub-Industry	Building Products	Industrial Conglomerates
Market Capitalization	81.79 billion USD	95.67 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	September 28, 1987	January 2, 1962
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

JCI

MMM

GSPC

Johnson Controls (JCI) 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 Johnson Controls (JCI) and 3M (MMM). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Johnson Controls (JCI) and 3M (MMM)
Metric	JCI	MMM
Total Return (1Y)	17.11%	16.26%
Total Return (3Y, Annualized)	43.46%	38.64%
Total Return (5Y, Annualized)	15.29%	8.14%

Risk Profile

Drawdown History

JCI

MMM

GSPC

Johnson Controls (JCI) 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 Johnson Controls (JCI) and 3M (MMM). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Johnson Controls (JCI) and 3M (MMM)
Metric	JCI	MMM
Volatility (1Y, Annualized)	32.91%	27.61%
Beta (5Y)	1.29	0.97
Max Drawdown (5Y)	-42.32%	-48.86%
Avg. Volume (3M)	3.57M	3.14M

Risk-Adjusted Performance

Risk-Return Positioning

JCI 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 Johnson Controls (JCI) and 3M (MMM)
Metric	JCI	MMM
Sharpe Ratio (1Y)	0.39	0.43
Sortino Ratio (1Y)	0.54	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; Johnson Controls (JCI) at 21.73% also sits in the top quartile.

JCI

Capital Goods industry group

21.73%

Max: 40.55%
JCI: 21.73%
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%

Johnson Controls (JCI) 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 Johnson Controls (JCI) at 11.12%, which keeps about the industry-typical share.

JCI

Capital Goods industry group

11.12%

Max: 27.47%
Q3: 12.10%
JCI: 11.12%
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%

Johnson Controls (JCI) 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 Johnson Controls (JCI) at 17.21%, which runs around its industry’s norm.

JCI

Capital Goods industry group

17.21%

Max: 36.60%
Q3: 18.33%
JCI: 17.21%
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%

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

Profitability Metrics

Profitability metrics for Johnson Controls (JCI) and 3M (MMM)
Metric	JCI	MMM
ROE (TTM)	21.73%	72.97%
ROA (TTM)	6.41%	8.22%
Net Margin (TTM)	11.12%	14.01%
Operating Margin (TTM)	17.21%	23.69%
Gross Margin (TTM)	37.07%	39.53%

Growth

Revenue Growth

Johnson Controls (JCI) at 2.81% 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.

Johnson Controls (JCI) vs. 3M (MMM): A comparison of their Revenue Growth across different time periods.

EPS Growth

Johnson Controls (JCI) at 99.60% 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 JCI.

Johnson Controls (JCI) vs. 3M (MMM): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Johnson Controls (JCI) and 3M (MMM)
Metric	JCI	MMM
Revenue Growth (YoY)	2.81%	1.52%
Revenue Growth (3Y CAGR)	4.57%	-1.57%
EPS Growth (YoY)	99.60%	-20.53%
EPS Growth (3Y CAGR)	31.94%	-16.16%

Financial Strength

Current Ratio (MRQ)

Both Johnson Controls (JCI) at 0.90 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.

JCI

Capital Goods industry group

0.90

Max: 5.22
Q3: 2.95
Median: 2.08
Q1: 1.43
JCI: 0.90
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

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

Debt / Equity (MRQ)

Johnson Controls (JCI) at 0.68 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.

JCI

Capital Goods industry group

0.68

Max: 2.33
Q3: 1.12
JCI: 0.68
Median: 0.60
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

Johnson Controls (JCI) 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 Johnson Controls (JCI) and 3M (MMM)
Metric	JCI	MMM
Current Ratio (MRQ)	0.90	1.41
Debt / Equity (MRQ)	0.68	3.04
Net Debt / EBITDA	1.86	1.26

Dividends

Dividend Yield (TTM)

Johnson Controls (JCI) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile 3M (MMM) reports a yield of 1.64%, ranking against industry peers normally.

JCI

Capital Goods industry group

0.00%

Max: 2.66%
Q3: 1.14%
Median: 0.24%
JCI: 0.00%
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%

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

Dividend Payout Ratio (TTM)

Both Johnson Controls (JCI) at 45.20% and 3M (MMM) at 45.82% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.

JCI

Capital Goods industry group

45.20%

Max: 67.39%
JCI: 45.20%
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%

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

Dividend Metrics

Dividend metrics for Johnson Controls (JCI) and 3M (MMM)
Metric	JCI	MMM
Dividend Yield (TTM)	0.00%	1.64%
Dividend Payout Ratio (TTM)	45.20%	45.82%

Valuation

P/E Ratio (TTM)

Both Johnson Controls (JCI) at 28.61 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.

JCI

Capital Goods industry group

28.61

Max: 59.38
Q3: 35.92
JCI: 28.61
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

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

P/S Ratio (TTM)

Johnson Controls (JCI) at 3.19 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.

JCI

Capital Goods industry group

3.19

Max: 7.54
Q3: 3.76
JCI: 3.19
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

Johnson Controls (JCI) 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: Johnson Controls (JCI) at 5.99 sits in the upper P/B ratio quartile, and 3M (MMM) at 23.18 prices even higher, above its industry range.

JCI

Capital Goods industry group

5.99

Max: 9.66
JCI: 5.99
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

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

Valuation Metrics

Valuation metrics for Johnson Controls (JCI) and 3M (MMM)
Metric	JCI	MMM
P/E Ratio (TTM)	28.61	27.63
P/S Ratio (TTM)	3.19	3.79
P/B Ratio (MRQ)	5.99	23.18
Free Cash Flow Yield (TTM)	3.81%	6.66%