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

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

Company Profile

SymbolMMMULS
Company Name3M CompanyUL Solutions Inc.
CountryUnited StatesUnited States
GICS SectorIndustrialsIndustrials
GICS IndustryIndustrial ConglomeratesProfessional Services
Market Capitalization83.01 billion USD12.58 billion USD
ExchangeNYSENYSE
Listing DateJanuary 2, 1962April 12, 2024
Security TypeCommon StockCommon Stock

Historical Performance

This chart compares the performance of MMM and ULS 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. ULS: Growth of a $10,000 investment over the past one year.

Historical Performance at a Glance

SymbolMMMULS
5-Day Price Return0.98%-6.16%
13-Week Price Return4.05%-11.79%
26-Week Price Return3.76%12.68%
52-Week Price Return21.19%16.18%
Month-to-Date Return4.44%-14.35%
Year-to-Date Return20.73%25.56%
10-Day Avg. Volume2.99M0.94M
3-Month Avg. Volume3.40M0.89M
3-Month Volatility23.22%35.46%
Beta1.040.52

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.

ULS

34.07%

Professional Services Industry

Max
52.17%
Q3
30.06%
Median
22.21%
Q1
11.67%
Min
-13.44%

In the upper quartile for the Professional Services industry, ULS’s Return on Equity of 34.07% signals a highly effective use of shareholder capital to drive profitability compared to most of its peers.

MMM vs. ULS: A comparison of their Return on Equity (TTM) against their respective Industrial Conglomerates and Professional Services 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.

ULS

11.08%

Professional Services Industry

Max
26.06%
Q3
13.34%
Median
7.88%
Q1
3.50%
Min
-2.93%

ULS’s Net Profit Margin of 11.08% is aligned with the median group of its peers in the Professional Services industry. This indicates its ability to convert revenue into profit is typical for the sector.

MMM vs. ULS: A comparison of their Net Profit Margin (TTM) against their respective Industrial Conglomerates and Professional Services 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.

ULS

16.71%

Professional Services Industry

Max
35.84%
Q3
19.38%
Median
12.54%
Q1
7.36%
Min
-5.21%

ULS’s Operating Profit Margin of 16.71% is around the midpoint for the Professional Services industry, indicating that its efficiency in managing core business operations is typical for the sector.

MMM vs. ULS: A comparison of their Operating Profit Margin (TTM) against their respective Industrial Conglomerates and Professional Services industry benchmarks.

Profitability at a Glance

SymbolMMMULS
Return on Equity (TTM)91.40%34.07%
Return on Assets (TTM)9.93%11.40%
Net Profit Margin (TTM)16.01%11.08%
Operating Profit Margin (TTM)19.46%16.71%
Gross Profit Margin (TTM)41.11%48.53%

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.

ULS

1.32

Professional Services Industry

Max
2.45
Q3
1.65
Median
1.26
Q1
1.10
Min
0.47

ULS’s Current Ratio of 1.32 aligns with the median group of the Professional Services industry, indicating that its short-term liquidity is in line with its sector peers.

MMM vs. ULS: A comparison of their Current Ratio (MRQ) against their respective Industrial Conglomerates and Professional Services 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.

ULS

0.56

Professional Services Industry

Max
2.63
Q3
1.44
Median
0.91
Q1
0.49
Min
0.00

ULS’s Debt-to-Equity Ratio of 0.56 is typical for the Professional Services industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.

MMM vs. ULS: A comparison of their Debt-to-Equity Ratio (MRQ) against their respective Industrial Conglomerates and Professional Services 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.

ULS

11.92

Professional Services Industry

Max
39.67
Q3
20.05
Median
11.07
Q1
5.36
Min
-2.22

ULS’s Interest Coverage Ratio of 11.92 is positioned comfortably within the norm for the Professional Services industry, indicating a standard and healthy capacity to cover its interest payments.

MMM vs. ULS: A comparison of their Interest Coverage Ratio (TTM) against their respective Industrial Conglomerates and Professional Services industry benchmarks.

Financial Strength at a Glance

SymbolMMMULS
Current Ratio (MRQ)1.721.32
Quick Ratio (MRQ)1.121.32
Debt-to-Equity Ratio (MRQ)3.060.56
Interest Coverage Ratio (TTM)-15.3111.92

Growth

Revenue Growth

MMM vs. ULS: 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. ULS: 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.

ULS

0.76%

Professional Services Industry

Max
5.28%
Q3
2.51%
Median
1.63%
Q1
0.62%
Min
0.00%

ULS’s Dividend Yield of 0.76% is consistent with its peers in the Professional Services industry, providing a dividend return that is standard for its sector.

MMM vs. ULS: A comparison of their Dividend Yield (TTM) against their respective Industrial Conglomerates and Professional Services 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.

ULS

31.19%

Professional Services Industry

Max
109.23%
Q3
64.39%
Median
47.00%
Q1
20.35%
Min
0.00%

ULS’s Dividend Payout Ratio of 31.19% is within the typical range for the Professional Services industry, suggesting a balanced approach between shareholder payouts and company reinvestment.

MMM vs. ULS: A comparison of their Dividend Payout Ratio (TTM) against their respective Industrial Conglomerates and Professional Services industry benchmarks.

Dividend at a Glance

SymbolMMMULS
Dividend Yield (TTM)1.88%0.76%
Dividend Payout Ratio (TTM)39.27%31.19%

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.

ULS

41.10

Professional Services Industry

Max
49.59
Q3
36.59
Median
28.13
Q1
18.55
Min
10.07

A P/E Ratio of 41.10 places ULS in the upper quartile for the Professional Services industry. This high valuation relative to peers suggests the market holds elevated expectations for the company’s future growth.

MMM vs. ULS: A comparison of their Price-to-Earnings Ratio (TTM) against their respective Industrial Conglomerates and Professional Services 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.

ULS

4.55

Professional Services Industry

Max
9.54
Q3
5.11
Median
2.10
Q1
0.75
Min
0.11

ULS’s P/S Ratio of 4.55 aligns with the market consensus for the Professional Services industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.

MMM vs. ULS: A comparison of their Price-to-Sales Ratio (TTM) against their respective Industrial Conglomerates and Professional Services 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.

ULS

13.37

Professional Services Industry

Max
13.75
Q3
8.87
Median
4.35
Q1
2.43
Min
0.54

ULS’s P/B Ratio of 13.37 is in the upper tier for the Professional Services 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. ULS: A comparison of their Price-to-Book Ratio (MRQ) against their respective Industrial Conglomerates and Professional Services industry benchmarks.

Valuation at a Glance

SymbolMMMULS
Price-to-Earnings Ratio (TTM)20.9241.10
Price-to-Sales Ratio (TTM)3.354.55
Price-to-Book Ratio (MRQ)18.9013.37
Price-to-Free Cash Flow Ratio (TTM)30.8636.92