MMM vs. SNA: 3M vs. Snap-on Stock Comparison
How do 3M (MMM) and Snap-on (SNA) 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 Snap-on (SNA) both fall under the Capital Goods industry group, but MMM is classified in Industrial Conglomerates while SNA is classified in Machinery.
| Profile Item | MMM | SNA |
|---|---|---|
| Name | 3M Company | Snap-on Incorporated |
| Country/Region | United States | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Industrial Conglomerates | Machinery |
| GICS Sub-Industry | Industrial Conglomerates | Industrial Machinery & Supplies & Components |
| Market Capitalization | 95.67 billion USD | 18.94 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | January 2, 1962 | February 21, 1973 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | MMM | SNA |
|---|---|---|
| Total Return (1Y) | 16.26% | 12.48% |
| Total Return (3Y, Annualized) | 38.64% | 15.36% |
| Total Return (5Y, Annualized) | 8.14% | 14.84% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | MMM | SNA |
|---|---|---|
| Volatility (1Y, Annualized) | 27.61% | 19.41% |
| Beta (5Y) | 0.97 | 0.73 |
| Max Drawdown (5Y) | -48.86% | -20.77% |
| Avg. Volume (3M) | 3.14M | 333.56K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | MMM | SNA |
|---|---|---|
| Sharpe Ratio (1Y) | 0.43 | 0.42 |
| Sortino Ratio (1Y) | 0.70 | 0.63 |
Profitability
ROE (TTM)
3M (MMM) at 72.97% clears its industry range for ROE, a sharper capital-efficiency signal than Snap-on (SNA) at 17.32%, 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%
SNA
Capital Goods industry group
17.32%
- Max
- 40.55%
- Q3
- 19.29%
- SNA
- 17.32%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
Net Margin (TTM)
For every dollar of sales, both 3M (MMM) at 14.01% and Snap-on (SNA) at 19.21% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
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%
SNA
Capital Goods industry group
19.21%
- Max
- 27.47%
- SNA
- 19.21%
- Q3
- 12.10%
- Median
- 6.30%
- Q1
- 1.40%
- Min
- -12.89%
Operating Margin (TTM)
Both 3M (MMM) at 23.69% and Snap-on (SNA) at 24.88% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.
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%
SNA
Capital Goods industry group
24.88%
- Max
- 36.60%
- SNA
- 24.88%
- Q3
- 18.33%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
Profitability Metrics
| Metric | MMM | SNA |
|---|---|---|
| ROE (TTM) | 72.97% | 17.32% |
| ROA (TTM) | 8.22% | 9.70% |
| Net Margin (TTM) | 14.01% | 19.21% |
| Operating Margin (TTM) | 23.69% | 24.88% |
| Gross Margin (TTM) | 39.53% | 51.87% |
Growth
Revenue Growth
Both 3M (MMM) at 1.52% and Snap-on (SNA) at 0.93% post bottom-quartile revenue growth versus peers, pointing to weaker demand or pricing momentum than typical rivals.
EPS Growth
Both 3M (MMM) at -20.53% and Snap-on (SNA) at -1.64% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | MMM | SNA |
|---|---|---|
| Revenue Growth (YoY) | 1.52% | 0.93% |
| Revenue Growth (3Y CAGR) | -1.57% | 2.11% |
| EPS Growth (YoY) | -20.53% | -1.64% |
| EPS Growth (3Y CAGR) | -16.16% | 4.49% |
Financial Strength
Current Ratio (MRQ)
Snap-on (SNA) at 3.55 carries current ratio above its industry’s typical mid-range, while 3M (MMM) at 1.41 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.
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
SNA
Capital Goods industry group
3.55
- Max
- 5.22
- SNA
- 3.55
- Q3
- 2.95
- Median
- 2.08
- Q1
- 1.43
- Min
- 0.36
Debt / Equity (MRQ)
Snap-on (SNA) at 0.21 keeps leverage in the lower quartile, while 3M (MMM) at 3.04 is above its industry debt-to-equity ratio range.
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
SNA
Capital Goods industry group
0.21
- Max
- 2.33
- Q3
- 1.12
- Median
- 0.60
- Q1
- 0.29
- SNA
- 0.21
- Min
- 0.00
Financial Strength Metrics
| Metric | MMM | SNA |
|---|---|---|
| Current Ratio (MRQ) | 1.41 | 3.55 |
| Debt / Equity (MRQ) | 3.04 | 0.21 |
| Net Debt / EBITDA | 1.26 | -0.26 |
Dividends
Dividend Yield (TTM)
Both 3M (MMM) at 1.64% and Snap-on (SNA) at 2.66% 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%
SNA
Capital Goods industry group
2.66%
- SNA
- 2.66%
- Max
- 2.66%
- Q3
- 1.14%
- Median
- 0.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both 3M (MMM) at 45.82% and Snap-on (SNA) at 50.70% 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%
SNA
Capital Goods industry group
50.70%
- Max
- 67.39%
- SNA
- 50.70%
- Q3
- 28.02%
- Median
- 6.86%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | MMM | SNA |
|---|---|---|
| Dividend Yield (TTM) | 1.64% | 2.66% |
| Dividend Payout Ratio (TTM) | 45.82% | 50.70% |
Valuation
P/E Ratio (TTM)
Snap-on (SNA) at 19.08 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 SNA, though growth and earnings durability still matter.
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
SNA
Capital Goods industry group
19.08
- Max
- 59.38
- Q3
- 35.92
- Median
- 25.41
- Q1
- 19.47
- SNA
- 19.08
- Min
- 3.03
P/S Ratio (TTM)
Snap-on (SNA) at 3.60 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
SNA
Capital Goods industry group
3.60
- Max
- 7.54
- Q3
- 3.76
- SNA
- 3.60
- Median
- 2.15
- Q1
- 1.03
- Min
- 0.03
P/B Ratio (MRQ)
Snap-on (SNA) at 3.11 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
SNA
Capital Goods industry group
3.11
- Max
- 9.66
- Q3
- 5.00
- Median
- 3.12
- SNA
- 3.11
- Q1
- 1.81
- Min
- -1.08
Valuation Metrics
| Metric | MMM | SNA |
|---|---|---|
| P/E Ratio (TTM) | 27.63 | 19.08 |
| P/S Ratio (TTM) | 3.79 | 3.60 |
| P/B Ratio (MRQ) | 23.18 | 3.11 |
| Free Cash Flow Yield (TTM) | 6.66% | 5.77% |