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3M (MMM) Competitors

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$138.85 +0.47 (+0.34%)
As of 03:59 PM Eastern

MMM vs. DHR, CSL, BSX, SYK, BDX, RMD, DXCM, PODD, BAX, and WST

Should you be buying 3M stock or one of its competitors? The main competitors of 3M include Danaher (DHR), Carlisle Companies (CSL), Boston Scientific (BSX), Stryker (SYK), Becton, Dickinson and Company (BDX), ResMed (RMD), DexCom (DXCM), Insulet (PODD), Baxter International (BAX), and West Pharmaceutical Services (WST).

3M vs.

Danaher (NYSE:DHR) and 3M (NYSE:MMM) are both large-cap medical companies, but which is the better investment? We will compare the two companies based on the strength of their media sentiment, analyst recommendations, valuation, dividends, community ranking, profitability, earnings, institutional ownership and risk.

Danaher has a net margin of 16.33% compared to 3M's net margin of 15.71%. 3M's return on equity of 100.77% beat Danaher's return on equity.

Company Net Margins Return on Equity Return on Assets
Danaher16.33% 10.82% 6.90%
3M 15.71%100.77%9.84%

Danaher has a beta of 0.86, indicating that its stock price is 14% less volatile than the S&P 500. Comparatively, 3M has a beta of 1.01, indicating that its stock price is 1% more volatile than the S&P 500.

3M has higher revenue and earnings than Danaher. 3M is trading at a lower price-to-earnings ratio than Danaher, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Danaher$23.82B5.98$3.90B$5.1538.67
3M$24.51B3.04$4.17B$7.9217.47

Danaher currently has a consensus target price of $264.40, indicating a potential upside of 32.75%. 3M has a consensus target price of $147.00, indicating a potential upside of 6.24%. Given Danaher's stronger consensus rating and higher probable upside, research analysts plainly believe Danaher is more favorable than 3M.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Danaher
0 Sell rating(s)
4 Hold rating(s)
16 Buy rating(s)
0 Strong Buy rating(s)
2.80
3M
2 Sell rating(s)
2 Hold rating(s)
12 Buy rating(s)
0 Strong Buy rating(s)
2.63

79.1% of Danaher shares are held by institutional investors. Comparatively, 65.3% of 3M shares are held by institutional investors. 11.1% of Danaher shares are held by company insiders. Comparatively, 0.3% of 3M shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Danaher received 152 more outperform votes than 3M when rated by MarketBeat users. Likewise, 74.51% of users gave Danaher an outperform vote while only 59.34% of users gave 3M an outperform vote.

CompanyUnderperformOutperform
DanaherOutperform Votes
1064
74.51%
Underperform Votes
364
25.49%
3MOutperform Votes
912
59.34%
Underperform Votes
625
40.66%

In the previous week, Danaher had 36 more articles in the media than 3M. MarketBeat recorded 74 mentions for Danaher and 38 mentions for 3M. 3M's average media sentiment score of 1.29 beat Danaher's score of 0.70 indicating that 3M is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Danaher
34 Very Positive mention(s)
3 Positive mention(s)
14 Neutral mention(s)
8 Negative mention(s)
1 Very Negative mention(s)
Positive
3M
28 Very Positive mention(s)
1 Positive mention(s)
4 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Danaher pays an annual dividend of $1.28 per share and has a dividend yield of 0.6%. 3M pays an annual dividend of $2.92 per share and has a dividend yield of 2.1%. Danaher pays out 24.9% of its earnings in the form of a dividend. 3M pays out 36.9% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Summary

Danaher beats 3M on 12 of the 20 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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MMM vs. The Competition

Metric3MSurgical & medical instruments IndustryMulti-Sector SectorNYSE Exchange
Market Cap$74.46B$4.38B$13.24B$18.92B
Dividend Yield2.10%39.98%3.71%4.04%
P/E Ratio18.3331.029.7432.79
Price / Sales3.0454.463.3428.88
Price / Cash14.9051.0813.3517.53
Price / Book19.306.161.954.48
Net Income$4.17B$68.15M$959.43M$1.02B
7 Day Performance1.69%2.22%1.75%2.60%
1 Month Performance-4.41%-3.30%-3.35%-2.55%
1 Year Performance43.36%26.25%-6.16%5.89%

3M Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MMM
3M
4.3865 of 5 stars
$138.85
+0.3%
$147.00
+5.9%
+50.1%$74.73B$24.51B18.3992,000Positive News
DHR
Danaher
4.9002 of 5 stars
$194.48
-1.4%
$264.40
+36.0%
-19.3%$139.19B$23.82B36.8381,000Short Interest ↑
CSL
Carlisle Companies
4.2558 of 5 stars
$374.32
-0.2%
$454.00
+21.3%
-4.4%$16.53B$5.00B13.5512,500Earnings Report
Analyst Downgrade
Short Interest ↑
News Coverage
BSX
Boston Scientific
4.4278 of 5 stars
$101.69
-0.2%
$114.52
+12.6%
+41.7%$150.35B$17.55B81.3245,000Earnings Report
Analyst Upgrade
SYK
Stryker
4.8159 of 5 stars
$364.11
-0.3%
$423.53
+16.3%
+9.4%$139.05B$22.60B46.9451,000Upcoming Earnings
Positive News
BDX
Becton, Dickinson and Company
4.8895 of 5 stars
$203.77
-0.6%
$272.86
+33.9%
-11.6%$58.58B$20.64B33.8977,000Upcoming Earnings
Dividend Announcement
Positive News
RMD
ResMed
4.369 of 5 stars
$232.71
-1.3%
$258.83
+11.2%
+9.5%$34.22B$5.02B27.518,160Earnings Report
Dividend Announcement
DXCM
DexCom
4.9356 of 5 stars
$70.68
-1.4%
$99.00
+40.1%
-43.3%$27.76B$4.03B49.517,600Upcoming Earnings
Positive News
PODD
Insulet
4.534 of 5 stars
$258.36
-0.9%
$292.06
+13.0%
+47.6%$18.19B$2.07B44.732,600Analyst Forecast
BAX
Baxter International
4.3378 of 5 stars
$30.22
flat
$38.56
+27.6%
-23.7%$15.54B$10.64B-23.6660,000Upcoming Earnings
WST
West Pharmaceutical Services
4.5908 of 5 stars
$213.89
-0.3%
$332.50
+55.5%
-39.8%$15.47B$2.89B31.9910,700Earnings Report
Dividend Announcement
Analyst Revision

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This page (NYSE:MMM) was last updated on 4/30/2025 by MarketBeat.com Staff
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