MMM vs. RTX: 3M vs. RTX Stock Comparison

November 11, 2026

How do 3M (MMM) and RTX (RTX) 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

3M (MMM) and RTX (RTX) both fall under the Capital Goods industry group, but MMM is classified in Industrial Conglomerates while RTX is classified in Aerospace & Defense.

Company profile comparison for 3M (MMM) and RTX (RTX)
Profile Item	MMM	RTX
Name	3M Company	RTX Corporation
Country/Region	United States	United States
GICS Sector	Industrials	Industrials
GICS Industry Group	Capital Goods	Capital Goods
GICS Industry	Industrial Conglomerates	Aerospace & Defense
GICS Sub-Industry	Industrial Conglomerates	Aerospace & Defense
Market Capitalization	95.67 billion USD	255.76 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	January 2, 1962	April 2, 1962
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

MMM

RTX

GSPC

3M (MMM) vs. RTX (RTX), 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 3M (MMM) and RTX (RTX). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for 3M (MMM) and RTX (RTX)
Metric	MMM	RTX
Total Return (1Y)	16.26%	12.51%
Total Return (3Y, Annualized)	38.64%	36.20%
Total Return (5Y, Annualized)	8.14%	19.14%

Risk Profile

Drawdown History

MMM

RTX

GSPC

3M (MMM) vs. RTX (RTX), 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 3M (MMM) and RTX (RTX). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for 3M (MMM) and RTX (RTX)
Metric	MMM	RTX
Volatility (1Y, Annualized)	27.61%	25.84%
Beta (5Y)	0.97	0.30
Max Drawdown (5Y)	-48.86%	-32.84%
Avg. Volume (3M)	3.14M	4.59M

Risk-Adjusted Performance

Risk-Return Positioning

MMM and RTX 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 3M (MMM) and RTX (RTX)
Metric	MMM	RTX
Sharpe Ratio (1Y)	0.43	0.32
Sortino Ratio (1Y)	0.70	0.48

Profitability

ROE (TTM)

3M (MMM) at 72.97% clears its industry range for ROE, a sharper capital-efficiency signal than RTX (RTX) at 12.85%, which is closer to a typical peer reading.

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%

RTX

Capital Goods industry group

12.85%

Max: 40.55%
Q3: 19.29%
RTX: 12.85%
Median: 12.12%
Q1: 4.08%
Min: -17.12%

3M (MMM) vs. RTX (RTX): 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 RTX (RTX) at 8.75%, which keeps about the industry-typical share.

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%

RTX

Capital Goods industry group

8.75%

Max: 27.47%
Q3: 12.10%
RTX: 8.75%
Median: 6.30%
Q1: 1.40%
Min: -12.89%

3M (MMM) vs. RTX (RTX): 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 RTX (RTX) at 15.54%, which runs around its industry’s norm.

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%

RTX

Capital Goods industry group

15.54%

Max: 36.60%
Q3: 18.33%
RTX: 15.54%
Median: 11.12%
Q1: 5.14%
Min: -12.63%

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

Profitability Metrics

Profitability metrics for 3M (MMM) and RTX (RTX)
Metric	MMM	RTX
ROE (TTM)	72.97%	12.85%
ROA (TTM)	8.22%	4.56%
Net Margin (TTM)	14.01%	8.75%
Operating Margin (TTM)	23.69%	15.54%
Gross Margin (TTM)	39.53%	21.10%

Growth

Revenue Growth

RTX (RTX) at 9.74% 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.

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

EPS Growth

RTX (RTX) at 39.72% 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 RTX.

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

Growth Metrics

Growth metrics for 3M (MMM) and RTX (RTX)
Metric	MMM	RTX
Revenue Growth (YoY)	1.52%	9.74%
Revenue Growth (3Y CAGR)	-1.57%	9.72%
EPS Growth (YoY)	-20.53%	39.72%
EPS Growth (3Y CAGR)	-16.16%	12.32%

Financial Strength

Current Ratio (MRQ)

Both 3M (MMM) at 1.41 and RTX (RTX) at 1.05 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.

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

RTX

Capital Goods industry group

1.05

Max: 5.22
Q3: 2.95
Median: 2.08
Q1: 1.43
RTX: 1.05
Min: 0.36

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

Debt / Equity (MRQ)

RTX (RTX) at 0.55 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.

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

RTX

Capital Goods industry group

0.55

Max: 2.33
Q3: 1.12
Median: 0.60
RTX: 0.55
Q1: 0.29
Min: 0.00

3M (MMM) vs. RTX (RTX): A comparison of their debt-to-equity ratio against the Capital Goods industry group benchmark.

Financial Strength Metrics

Financial strength metrics for 3M (MMM) and RTX (RTX)
Metric	MMM	RTX
Current Ratio (MRQ)	1.41	1.05
Debt / Equity (MRQ)	3.04	0.55
Net Debt / EBITDA	1.26	1.75

Dividends

Dividend Yield (TTM)

Both 3M (MMM) at 1.64% and RTX (RTX) at 1.47% offer top-quartile dividend income relative to share price within their industries.

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%

RTX

Capital Goods industry group

1.47%

Max: 2.66%
RTX: 1.47%
Q3: 1.14%
Median: 0.24%
Q1: 0.00%
Min: 0.00%

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

Dividend Payout Ratio (TTM)

Both 3M (MMM) at 45.82% and RTX (RTX) at 45.85% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.

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%

RTX

Capital Goods industry group

45.85%

Max: 67.39%
RTX: 45.85%
Q3: 28.02%
Median: 6.86%
Q1: 0.00%
Min: 0.00%

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

Dividend Metrics

Dividend metrics for 3M (MMM) and RTX (RTX)
Metric	MMM	RTX
Dividend Yield (TTM)	1.64%	1.47%
Dividend Payout Ratio (TTM)	45.82%	45.85%

Valuation

P/E Ratio (TTM)

Both 3M (MMM) at 27.63 and RTX (RTX) at 30.82 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

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

RTX

Capital Goods industry group

30.82

Max: 59.38
Q3: 35.92
RTX: 30.82
Median: 25.41
Q1: 19.47
Min: 3.03

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

P/S Ratio (TTM)

RTX (RTX) at 2.66 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.

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

RTX

Capital Goods industry group

2.66

Max: 7.54
Q3: 3.76
RTX: 2.66
Median: 2.15
Q1: 1.03
Min: 0.03

3M (MMM) vs. RTX (RTX): A comparison of their P/S ratio against the Capital Goods industry group benchmark.

P/B Ratio (MRQ)

RTX (RTX) at 3.69 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.

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

RTX

Capital Goods industry group

3.69

Max: 9.66
Q3: 5.00
RTX: 3.69
Median: 3.12
Q1: 1.81
Min: -1.08

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

Valuation Metrics

Valuation metrics for 3M (MMM) and RTX (RTX)
Metric	MMM	RTX
P/E Ratio (TTM)	27.63	30.82
P/S Ratio (TTM)	3.79	2.66
P/B Ratio (MRQ)	23.18	3.69
Free Cash Flow Yield (TTM)	6.66%	3.25%