HON vs MMM

Honeywell Technologies (HON) and 3M (MMM) compared side by side. 3M (MMM) is larger, with a market cap of $89.5B versus $70.1B for Honeywell Technologies, about 1.3 times the size. On trailing earnings, HON is cheaper at 11.0x versus 25.9x for MMM.

Head to head

MetricHONMMM
Market cap$70.1B$89.5B
P/E (TTM)11.0x25.9x
Forward P/E22.5x17.5x
Revenue (TTM)$37.7B$25.2B
Revenue growth1.3%1.0%
Gross margin37.2%39.5%
Operating margin16.9%23.7%
Free cash flow$4.0B$4.0B
Dividend yield1.27%1.80%
1-year return+3.4%+2.9%
5-year return (annual)+2.7%+6.5%
Max drawdown-70%-59%
FI Handbook gradeC+B-

Highlighted: the stronger figure on metrics where higher or lower is clearly better.

Growth of $10,000 (5 years, price only)

$5.0K
$7.5K
$10.0K
$12.5K
20222023202420252026
HONMMM

HON vs MMM FAQ

Which is bigger, HON or MMM?

3M (MMM) is larger, with a market cap of $89.5B versus $70.1B for Honeywell Technologies, about 1.3 times the size.

Is HON or MMM cheaper?

On trailing earnings, HON is cheaper at 11.0x versus 25.9x for MMM. A lower P/E can reflect slower expected growth, so compare growth and margins too.

Which stock performed better over the past year, HON or MMM?

HON returned +3.4% over the past year including dividends, versus +2.9% for MMM, through October 23, 2026.

Which pays a higher dividend, HON or MMM?

MMM yields 1.80% versus 1.27% for HON.

Full pages: Honeywell Technologies · 3M