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

Updated on August 28, 2025

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

Company Profile

Symbol	MMM	UPS
Company Name	3M Company	United Parcel Service, Inc.
Country	United States	United States
GICS Sector	Industrials	Industrials
GICS Industry	Industrial Conglomerates	Air Freight & Logistics
Market Capitalization	83.01 billion USD	74.37 billion USD
Exchange	NYSE	NYSE
Listing Date	January 2, 1962	November 10, 1999
Security Type	Common Stock	Common Stock

Historical Performance

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

Historical Performance at a Glance

Symbol	MMM	UPS
5-Day Price Return	0.98%	-0.07%
13-Week Price Return	4.05%	-9.52%
26-Week Price Return	3.76%	-23.70%
52-Week Price Return	21.19%	-30.83%
Month-to-Date Return	4.44%	1.83%
Year-to-Date Return	20.73%	-30.42%
10-Day Avg. Volume	2.99M	8.84M
3-Month Avg. Volume	3.40M	6.45M
3-Month Volatility	23.22%	31.30%
Beta	1.04	1.10

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.

UPS

35.27%

Air Freight & Logistics Industry

Max: 35.27%
Q3: 18.47%
Median: 11.35%
Q1: 7.21%
Min: 2.53%

In the upper quartile for the Air Freight & Logistics industry, UPS’s Return on Equity of 35.27% signals a highly effective use of shareholder capital to drive profitability compared to most of its peers.

MMM vs. UPS: A comparison of their Return on Equity (TTM) against their respective Industrial Conglomerates and Air Freight & Logistics 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.

UPS

6.34%

Air Freight & Logistics Industry

Max: 10.27%
Q3: 6.18%
Median: 3.96%
Q1: 2.32%
Min: 0.61%

A Net Profit Margin of 6.34% places UPS in the upper quartile for the Air Freight & Logistics industry, signifying strong profitability and more effective cost management than most of its peers.

MMM vs. UPS: A comparison of their Net Profit Margin (TTM) against their respective Industrial Conglomerates and Air Freight & Logistics 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.

UPS

9.30%

Air Freight & Logistics Industry

Max: 17.40%
Q3: 8.87%
Median: 5.89%
Q1: 3.03%
Min: 0.62%

An Operating Profit Margin of 9.30% places UPS in the upper quartile for the Air Freight & Logistics industry. This signals a strong ability to translate revenue into operating profit, outperforming most of its competitors in core business efficiency.

MMM vs. UPS: A comparison of their Operating Profit Margin (TTM) against their respective Industrial Conglomerates and Air Freight & Logistics industry benchmarks.

Profitability at a Glance

Symbol	MMM	UPS
Return on Equity (TTM)	91.40%	35.27%
Return on Assets (TTM)	9.93%	8.25%
Net Profit Margin (TTM)	16.01%	6.34%
Operating Profit Margin (TTM)	19.46%	9.30%
Gross Profit Margin (TTM)	41.11%	81.60%

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.

UPS

1.32

Air Freight & Logistics Industry

Max: 1.83
Q3: 1.47
Median: 1.29
Q1: 1.05
Min: 0.62

UPS’s Current Ratio of 1.32 aligns with the median group of the Air Freight & Logistics industry, indicating that its short-term liquidity is in line with its sector peers.

MMM vs. UPS: A comparison of their Current Ratio (MRQ) against their respective Industrial Conglomerates and Air Freight & Logistics 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.

UPS

1.57

Air Freight & Logistics Industry

Max: 1.57
Q3: 1.06
Median: 0.72
Q1: 0.30
Min: 0.00

UPS’s leverage is in the upper quartile of the Air Freight & Logistics industry, with a Debt-to-Equity Ratio of 1.57. While this approach can boost equity growth, it also exposes the company to greater financial vulnerability.

MMM vs. UPS: A comparison of their Debt-to-Equity Ratio (MRQ) against their respective Industrial Conglomerates and Air Freight & Logistics 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.

UPS

9.59

Air Freight & Logistics Industry

Max: 49.07
Q3: 23.59
Median: 8.56
Q1: 5.97
Min: -0.60

UPS’s Interest Coverage Ratio of 9.59 is positioned comfortably within the norm for the Air Freight & Logistics industry, indicating a standard and healthy capacity to cover its interest payments.

MMM vs. UPS: A comparison of their Interest Coverage Ratio (TTM) against their respective Industrial Conglomerates and Air Freight & Logistics industry benchmarks.

Financial Strength at a Glance

Symbol	MMM	UPS
Current Ratio (MRQ)	1.72	1.32
Quick Ratio (MRQ)	1.12	1.32
Debt-to-Equity Ratio (MRQ)	3.06	1.57
Interest Coverage Ratio (TTM)	-15.31	9.59

Growth

Revenue Growth

MMM vs. UPS: 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. UPS: 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.

UPS

7.29%

Air Freight & Logistics Industry

Max: 6.43%
Q3: 3.10%
Median: 2.40%
Q1: 0.46%
Min: 0.00%

UPS’s Dividend Yield of 7.29% is exceptionally high, placing it well above the typical range for the Air Freight & Logistics industry. While this may seem attractive, an unusually high yield can sometimes be a warning sign, reflecting a falling stock price or market concerns about the dividend’s sustainability.

MMM vs. UPS: A comparison of their Dividend Yield (TTM) against their respective Industrial Conglomerates and Air Freight & Logistics 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.

UPS

94.15%

Air Freight & Logistics Industry

Max: 160.95%
Q3: 92.80%
Median: 54.10%
Q1: 0.19%
Min: 0.00%

UPS’s Dividend Payout Ratio of 94.15% is in the upper quartile for the Air Freight & Logistics industry. This indicates a strong commitment to shareholder returns but also suggests that a smaller portion of earnings is retained for reinvestment compared to many peers.

MMM vs. UPS: A comparison of their Dividend Payout Ratio (TTM) against their respective Industrial Conglomerates and Air Freight & Logistics industry benchmarks.

Dividend at a Glance

Symbol	MMM	UPS
Dividend Yield (TTM)	1.88%	7.29%
Dividend Payout Ratio (TTM)	39.27%	94.15%

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.

UPS

12.92

Air Freight & Logistics Industry

Max: 34.55
Q3: 23.34
Median: 16.33
Q1: 13.38
Min: 6.36

In the lower quartile for the Air Freight & Logistics industry, UPS’s P/E Ratio of 12.92 suggests the stock may be undervalued compared to its peers, potentially presenting an attractive entry point for investors.

MMM vs. UPS: A comparison of their Price-to-Earnings Ratio (TTM) against their respective Industrial Conglomerates and Air Freight & Logistics 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.

UPS

0.82

Air Freight & Logistics Industry

Max: 2.13
Q3: 1.16
Median: 0.59
Q1: 0.36
Min: 0.18

UPS’s P/S Ratio of 0.82 aligns with the market consensus for the Air Freight & Logistics industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.

MMM vs. UPS: A comparison of their Price-to-Sales Ratio (TTM) against their respective Industrial Conglomerates and Air Freight & Logistics 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.

UPS

5.43

Air Freight & Logistics Industry

Max: 3.13
Q3: 2.81
Median: 1.82
Q1: 1.20
Min: 0.74

At 5.43, UPS’s P/B Ratio is at an extreme premium to the Air Freight & Logistics 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.

MMM vs. UPS: A comparison of their Price-to-Book Ratio (MRQ) against their respective Industrial Conglomerates and Air Freight & Logistics industry benchmarks.

Valuation at a Glance

Symbol	MMM	UPS
Price-to-Earnings Ratio (TTM)	20.92	12.92
Price-to-Sales Ratio (TTM)	3.35	0.82
Price-to-Book Ratio (MRQ)	18.90	5.43
Price-to-Free Cash Flow Ratio (TTM)	30.86	13.77