HON vs MMM

Honeywell and 3M, both Industrials

Honeywell is the larger company at $145B against $84B. On trailing earnings HON is the cheaper of the two at a P/E of 10.1 against 32.0, a gap that is only a bargain if the two are growing at similar rates. Over the past year MMM returned +22% against +9.1% for HON.

Honeywell and 3Mcompared on valuation, return and Ryufin’s Smart Score
FigureHONMMM
Last close$221$180
Market cap$145B$84B
Trailing P/Elower is cheaper for the same earnings, not automatically better10.132.0
Dividend yield2.1%1.6%
1-year return+9.1%+22%
5-year return+11%+30%
Ryufin Smart Scoresector-relative, 1–106/106/10

Figures from SEC filings and end-of-day closes. Highlighting marks the higher or lower number, which is not the same as the better investment, a low P/E can be a warning and a high one can be deserved.

Honeywell

Revenue of $9.7B in Q2 2026, net income $5.7B. Its largest reported line is Commercial Aviation Aftermarket, 21% of the disclosed total.

3M

Revenue of $6.5B in Q2 2026, net income $933M. Its largest reported line is Personal Safety, 15% of the disclosed total.

Open these two in the interactive comparison to add more names, change the period or read the correlation.