MMM vs. TT: A Head-to-Head Stock Comparison

Updated on August 27, 2025

Here’s a clear look at MMM and TT, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.

Company Profile

Symbol	MMM	TT
Company Name	3M Company	Trane Technologies plc
Country	United States	Ireland
GICS Sector	Industrials	Industrials
GICS Industry	Industrial Conglomerates	Building Products
Market Capitalization	83.01 billion USD	93.37 billion USD
Exchange	NYSE	NYSE
Listing Date	January 2, 1962	March 17, 1980
Security Type	Common Stock	Common Stock

Historical Performance

This chart compares the performance of MMM and TT by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.

MMM vs. TT: Growth of a $10,000 investment over the past one year.

Historical Performance at a Glance

Symbol	MMM	TT
5-Day Price Return	0.98%	-2.14%
13-Week Price Return	4.05%	-1.09%
26-Week Price Return	3.76%	13.25%
52-Week Price Return	21.19%	19.65%
Month-to-Date Return	4.44%	-4.21%
Year-to-Date Return	20.73%	13.61%
10-Day Avg. Volume	2.99M	0.98M
3-Month Avg. Volume	3.40M	1.32M
3-Month Volatility	23.22%	24.03%
Beta	1.04	1.14

Profitability

Return on Equity (TTM)

MMM

91.40%

Industrial Conglomerates Industry

Max: 21.93%
Q3: 14.23%
Median: 7.81%
Q1: 5.91%
Min: -3.58%

MMM’s Return on Equity of 91.40% is exceptionally high, placing it well beyond the typical range for the Industrial Conglomerates industry. This demonstrates a superior ability to generate profit from shareholder investments, though it could also be inflated by high financial leverage.

TT

37.61%

Building Products Industry

Max: 48.58%
Q3: 27.65%
Median: 16.01%
Q1: 8.81%
Min: -6.66%

In the upper quartile for the Building Products industry, TT’s Return on Equity of 37.61% signals a highly effective use of shareholder capital to drive profitability compared to most of its peers.

MMM vs. TT: A comparison of their Return on Equity (TTM) against their respective Industrial Conglomerates and Building Products industry benchmarks.

Net Profit Margin (TTM)

MMM

16.01%

Industrial Conglomerates Industry

Max: 18.70%
Q3: 12.58%
Median: 9.26%
Q1: 3.87%
Min: -2.26%

A Net Profit Margin of 16.01% places MMM in the upper quartile for the Industrial Conglomerates industry, signifying strong profitability and more effective cost management than most of its peers.

TT

13.76%

Building Products Industry

Max: 26.11%
Q3: 15.09%
Median: 9.48%
Q1: 5.16%
Min: -3.43%

TT’s Net Profit Margin of 13.76% is aligned with the median group of its peers in the Building Products industry. This indicates its ability to convert revenue into profit is typical for the sector.

MMM vs. TT: A comparison of their Net Profit Margin (TTM) against their respective Industrial Conglomerates and Building Products industry benchmarks.

Operating Profit Margin (TTM)

MMM

19.46%

Industrial Conglomerates Industry

Max: 25.69%
Q3: 17.03%
Median: 12.85%
Q1: 8.81%
Min: -0.73%

An Operating Profit Margin of 19.46% places MMM in the upper quartile for the Industrial Conglomerates industry. This signals a strong ability to translate revenue into operating profit, outperforming most of its competitors in core business efficiency.

TT

18.39%

Building Products Industry

Max: 26.67%
Q3: 18.75%
Median: 14.89%
Q1: 8.70%
Min: -1.00%

TT’s Operating Profit Margin of 18.39% is around the midpoint for the Building Products industry, indicating that its efficiency in managing core business operations is typical for the sector.

MMM vs. TT: A comparison of their Operating Profit Margin (TTM) against their respective Industrial Conglomerates and Building Products industry benchmarks.

Profitability at a Glance

Symbol	MMM	TT
Return on Equity (TTM)	91.40%	37.61%
Return on Assets (TTM)	9.93%	13.90%
Net Profit Margin (TTM)	16.01%	13.76%
Operating Profit Margin (TTM)	19.46%	18.39%
Gross Profit Margin (TTM)	41.11%	36.26%

Financial Strength

Current Ratio (MRQ)

MMM

1.72

Industrial Conglomerates Industry

Max: 2.19
Q3: 1.64
Median: 1.38
Q1: 1.13
Min: 0.61

MMM’s Current Ratio of 1.72 is in the upper quartile for the Industrial Conglomerates industry. This signifies a strong liquidity position, suggesting the company is well-equipped to cover its immediate liabilities compared to its peers.

TT

1.10

Building Products Industry

Max: 2.87
Q3: 2.03
Median: 1.60
Q1: 1.32
Min: 0.88

TT’s Current Ratio of 1.10 falls into the lower quartile for the Building Products industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.

MMM vs. TT: A comparison of their Current Ratio (MRQ) against their respective Industrial Conglomerates and Building Products industry benchmarks.

Debt-to-Equity Ratio (MRQ)

MMM

3.06

Industrial Conglomerates Industry

Max: 2.27
Q3: 1.47
Median: 0.99
Q1: 0.66
Min: 0.21

With a Debt-to-Equity Ratio of 3.06, MMM operates with exceptionally high leverage compared to the Industrial Conglomerates industry norm. This suggests an aggressive reliance on debt financing, which can magnify returns but also significantly elevates financial risk.

TT

0.59

Building Products Industry

Max: 1.64
Q3: 1.02
Median: 0.66
Q1: 0.32
Min: 0.00

TT’s Debt-to-Equity Ratio of 0.59 is typical for the Building Products industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.

MMM vs. TT: A comparison of their Debt-to-Equity Ratio (MRQ) against their respective Industrial Conglomerates and Building Products industry benchmarks.

Interest Coverage Ratio (TTM)

MMM

-15.31

Industrial Conglomerates Industry

Max: 11.17
Q3: 8.02
Median: 5.88
Q1: 2.73
Min: -2.15

MMM has a negative Interest Coverage Ratio of -15.31. This indicates that its earnings were insufficient to cover even its operational costs, let alone its interest payments, signaling significant financial distress.

TT

15.31

Building Products Industry

Max: 72.12
Q3: 34.39
Median: 15.31
Q1: 6.06
Min: 0.85

TT’s Interest Coverage Ratio of 15.31 is positioned comfortably within the norm for the Building Products industry, indicating a standard and healthy capacity to cover its interest payments.

MMM vs. TT: A comparison of their Interest Coverage Ratio (TTM) against their respective Industrial Conglomerates and Building Products industry benchmarks.

Financial Strength at a Glance

Symbol	MMM	TT
Current Ratio (MRQ)	1.72	1.10
Quick Ratio (MRQ)	1.12	0.76
Debt-to-Equity Ratio (MRQ)	3.06	0.59
Interest Coverage Ratio (TTM)	-15.31	15.31

Growth

Revenue Growth

MMM vs. TT: A side-by-side comparison of their Revenue Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

EPS Growth

MMM vs. TT: A side-by-side comparison of their EPS Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

Dividend

Dividend Yield (TTM)

MMM

1.88%

Industrial Conglomerates Industry

Max: 10.17%
Q3: 5.53%
Median: 3.14%
Q1: 1.88%
Min: 0.00%

MMM’s Dividend Yield of 1.88% is in the lower quartile for the Industrial Conglomerates industry. This suggests the company’s strategy likely favors retaining earnings for growth over providing a high dividend income.

TT

0.84%

Building Products Industry

Max: 2.56%
Q3: 1.94%
Median: 1.04%
Q1: 0.66%
Min: 0.00%

TT’s Dividend Yield of 0.84% is consistent with its peers in the Building Products industry, providing a dividend return that is standard for its sector.

MMM vs. TT: A comparison of their Dividend Yield (TTM) against their respective Industrial Conglomerates and Building Products industry benchmarks.

Dividend Payout Ratio (TTM)

MMM

39.27%

Industrial Conglomerates Industry

Max: 181.91%
Q3: 95.57%
Median: 50.60%
Q1: 35.01%
Min: 1.76%

MMM’s Dividend Payout Ratio of 39.27% is within the typical range for the Industrial Conglomerates industry, suggesting a balanced approach between shareholder payouts and company reinvestment.

TT

27.94%

Building Products Industry

Max: 157.36%
Q3: 77.74%
Median: 29.49%
Q1: 16.25%
Min: 0.00%

TT’s Dividend Payout Ratio of 27.94% is within the typical range for the Building Products industry, suggesting a balanced approach between shareholder payouts and company reinvestment.

MMM vs. TT: A comparison of their Dividend Payout Ratio (TTM) against their respective Industrial Conglomerates and Building Products industry benchmarks.

Dividend at a Glance

Symbol	MMM	TT
Dividend Yield (TTM)	1.88%	0.84%
Dividend Payout Ratio (TTM)	39.27%	27.94%

Valuation

Price-to-Earnings Ratio (TTM)

MMM

20.92

Industrial Conglomerates Industry

Max: 36.98
Q3: 22.09
Median: 12.18
Q1: 8.93
Min: 5.63

MMM’s P/E Ratio of 20.92 is within the middle range for the Industrial Conglomerates industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.

TT

33.13

Building Products Industry

Max: 66.79
Q3: 37.37
Median: 21.86
Q1: 17.57
Min: 9.70

TT’s P/E Ratio of 33.13 is within the middle range for the Building Products industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.

MMM vs. TT: A comparison of their Price-to-Earnings Ratio (TTM) against their respective Industrial Conglomerates and Building Products industry benchmarks.

Price-to-Sales Ratio (TTM)

MMM

3.35

Industrial Conglomerates Industry

Max: 3.60
Q3: 2.10
Median: 0.68
Q1: 0.42
Min: 0.11

MMM’s P/S Ratio of 3.35 is in the upper echelon for the Industrial Conglomerates industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.

TT

4.56

Building Products Industry

Max: 6.40
Q3: 3.25
Median: 1.65
Q1: 1.11
Min: 0.34

TT’s P/S Ratio of 4.56 is in the upper echelon for the Building Products industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.

MMM vs. TT: A comparison of their Price-to-Sales Ratio (TTM) against their respective Industrial Conglomerates and Building Products industry benchmarks.

Price-to-Book Ratio (MRQ)

MMM

18.90

Industrial Conglomerates Industry

Max: 4.89
Q3: 2.51
Median: 1.06
Q1: 0.60
Min: 0.27

At 18.90, MMM’s P/B Ratio is at an extreme premium to the Industrial Conglomerates industry. This signifies that the market’s valuation is heavily reliant on future potential rather than its current net asset value, which can be a high-risk proposition.

TT

12.45

Building Products Industry

Max: 13.31
Q3: 6.85
Median: 3.20
Q1: 1.71
Min: 0.73

TT’s P/B Ratio of 12.45 is in the upper tier for the Building Products industry. This indicates that investors are paying a premium relative to the company’s net assets, a valuation that hinges on its ability to generate superior profits.

MMM vs. TT: A comparison of their Price-to-Book Ratio (MRQ) against their respective Industrial Conglomerates and Building Products industry benchmarks.

Valuation at a Glance

Symbol	MMM	TT
Price-to-Earnings Ratio (TTM)	20.92	33.13
Price-to-Sales Ratio (TTM)	3.35	4.56
Price-to-Book Ratio (MRQ)	18.90	12.45
Price-to-Free Cash Flow Ratio (TTM)	30.86	33.66