LII vs. MMM: Lennox vs. 3M Stock Comparison
How do Lennox (LII) 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
Lennox (LII) and 3M (MMM) both fall under the Capital Goods industry group, but LII is classified in Building Products while MMM is classified in Industrial Conglomerates.
| Profile Item | LII | MMM |
|---|---|---|
| Name | Lennox International Inc. | 3M Company |
| Country/Region | United States | 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 | 11.70 billion USD | 95.67 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | July 29, 1999 | January 2, 1962 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | LII | MMM |
|---|---|---|
| Total Return (1Y) | -27.83% | 16.26% |
| Total Return (3Y, Annualized) | -2.32% | 38.64% |
| Total Return (5Y, Annualized) | 3.79% | 8.14% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | LII | MMM |
|---|---|---|
| Volatility (1Y, Annualized) | 41.59% | 27.61% |
| Beta (5Y) | 1.18 | 0.97 |
| Max Drawdown (5Y) | -49.95% | -48.86% |
| Avg. Volume (3M) | 563.34K | 3.14M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | LII | MMM |
|---|---|---|
| Sharpe Ratio (1Y) | -0.77 | 0.43 |
| Sortino Ratio (1Y) | -0.96 | 0.70 |
Profitability
ROE (TTM)
Both Lennox (LII) at 62.82% 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.
LII
Capital Goods industry group
62.82%
- LII
- 62.82%
- 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%
Net Margin (TTM)
For every dollar of sales, both Lennox (LII) at 13.76% and 3M (MMM) at 14.01% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
LII
Capital Goods industry group
13.76%
- Max
- 27.47%
- LII
- 13.76%
- 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 Lennox (LII) at 20.57% 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.
LII
Capital Goods industry group
20.57%
- Max
- 36.60%
- LII
- 20.57%
- 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 | LII | MMM |
|---|---|---|
| ROE (TTM) | 62.82% | 72.97% |
| ROA (TTM) | 15.93% | 8.22% |
| Net Margin (TTM) | 13.76% | 14.01% |
| Operating Margin (TTM) | 20.57% | 23.69% |
| Gross Margin (TTM) | 32.62% | 39.53% |
Growth
Revenue Growth
Both Lennox (LII) at -2.73% and 3M (MMM) at 1.52% post bottom-quartile revenue growth versus peers, pointing to weaker demand or pricing momentum than typical rivals.
EPS Growth
Both Lennox (LII) at 1.11% 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 | LII | MMM |
|---|---|---|
| Revenue Growth (YoY) | -2.73% | 1.52% |
| Revenue Growth (3Y CAGR) | 3.26% | -1.57% |
| EPS Growth (YoY) | 1.11% | -20.53% |
| EPS Growth (3Y CAGR) | 17.97% | -16.16% |
Financial Strength
Current Ratio (MRQ)
Both Lennox (LII) at 1.21 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.
LII
Capital Goods industry group
1.21
- Max
- 5.22
- Q3
- 2.95
- Median
- 2.08
- Q1
- 1.43
- LII
- 1.21
- 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)
Both balance sheets lean debt-heavy versus peers, but MMM is more stretched: Lennox (LII) at 1.58 sits in the higher-leverage quartile and 3M (MMM) at 3.04 is above its industry benchmark range.
LII
Capital Goods industry group
1.58
- Max
- 2.33
- LII
- 1.58
- Q3
- 1.12
- 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
Financial Strength Metrics
| Metric | LII | MMM |
|---|---|---|
| Current Ratio (MRQ) | 1.21 | 1.41 |
| Debt / Equity (MRQ) | 1.58 | 3.04 |
| Net Debt / EBITDA | 1.73 | 1.26 |
Dividends
Dividend Yield (TTM)
Both Lennox (LII) at 1.53% and 3M (MMM) at 1.64% offer top-quartile dividend income relative to share price within their industries.
LII
Capital Goods industry group
1.53%
- Max
- 2.66%
- LII
- 1.53%
- 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)
Lennox (LII) at 24.68% pays out a band-typical share of earnings, while 3M (MMM) at 45.82% distributes more than its industry norm — less retained, thinner cover.
LII
Capital Goods industry group
24.68%
- Max
- 67.39%
- Q3
- 28.02%
- LII
- 24.68%
- 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 | LII | MMM |
|---|---|---|
| Dividend Yield (TTM) | 1.53% | 1.64% |
| Dividend Payout Ratio (TTM) | 24.68% | 45.82% |
Valuation
P/E Ratio (TTM)
Lennox (LII) at 15.47 sits in the cheaper P/E ratio quartile, while 3M (MMM) at 27.63 is closer to its industry’s usual earnings multiple — a discount for LII, though growth and earnings durability still matter.
LII
Capital Goods industry group
15.47
- Max
- 59.38
- Q3
- 35.92
- Median
- 25.41
- Q1
- 19.47
- LII
- 15.47
- 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)
Lennox (LII) at 2.15 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.
LII
Capital Goods industry group
2.15
- Max
- 7.54
- Q3
- 3.76
- Median
- 2.15
- LII
- 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)
Both look rich against book: Lennox (LII) at 8.88 sits in the upper P/B ratio quartile, and 3M (MMM) at 23.18 prices even higher, above its industry range.
LII
Capital Goods industry group
8.88
- Max
- 9.66
- LII
- 8.88
- 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
Valuation Metrics
| Metric | LII | MMM |
|---|---|---|
| P/E Ratio (TTM) | 15.47 | 27.63 |
| P/S Ratio (TTM) | 2.15 | 3.79 |
| P/B Ratio (MRQ) | 8.88 | 23.18 |
| Free Cash Flow Yield (TTM) | 3.14% | 6.66% |