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Honeywell International vs 3m (HON vs MMM)

Side by side from their SEC filings: revenue, margins, growth, returns and valuation, plus short interest, insider activity and institutional ownership.

Honeywell International is the larger company by revenue ($37.4B vs $24.9B). 3m carries the larger market value ($88.6B vs $67.7B). Honeywell International has grown revenue faster over the last 4 fiscal years (+8.9% cumulative vs -29.4%). Honeywell International runs the higher operating margin (21.7% vs 18.6%). Honeywell International trades at the lower trailing P/E (8.4x vs 30.5x).

About 3m

3M Company is a diversified technology firm operating globally in three main segments: Safety and Industrial, Transportation and Electronics, and Consumer. It manufactures a wide range of products including abrasives, adhesives, personal safety equipment, electronic materials, home care items, and office supplies. The company serves various markets such as industrial, automotive, aerospace, electronics, and consumer goods through multiple distribution channels worldwide.

Head to head (HON FY2025 vs MMM FY2025)

MetricHONFY2025MMMFY2025
Revenue$37.44B$24.95B
Revenue growth (YoY)7.8%1.5%
Gross margin36.9%39.9%
Operating margin21.7%18.6%
Net margin12.6%13.0%
Net income$4.73B$3.25B
Diluted EPS$7.36$6.00
FCF margin14.5%5.6%
ROE31.5%68.5%
Long-term debt / equity1.81×2.30×
Market cap$67.68B$88.62B
P/E8.4×30.5×

Fundamentals are from each company’s SEC filings (HON FY2025, MMM FY2025). ROE is net income over fiscal-year-end equity; long-term debt / equity counts non-current term debt only. P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

Five-year trend (as reported)

RevenueFY2021FY2022FY2023FY2024FY2025
HON$34.39B$35.47B$33.01B$34.72B$37.44B
MMM$35.35B$26.16B$24.61B$24.57B$24.95B
Net incomeFY2021FY2022FY2023FY2024FY2025
HON$5.54B$4.97B$5.66B$5.71B$4.73B
MMM$5.92B$5.78B$-7.00B$4.17B$3.25B
Operating marginFY2021FY2022FY2023FY2024FY2025
HON22.6%22.9%22.1%21.7%
MMM20.8%16.7%-43.4%19.6%18.6%

Peer standing

These companies are ranked against different peer groups (Honeywell International vs 684 Industrials companies; 3m vs 88 medical device companies), so each is shown against its own peers rather than on one scale.

Honeywell International

Honeywell International’s return on equity of 31.5% ranks in the 92nd percentile of the 600 Industrials companies reporting it. Honeywell International’s operating margin of 21.7% ranks in the 91st percentile of the 605 Industrials companies reporting it. Honeywell International’s long-term debt to equity of 1.81 ranks in the 89th percentile of the 409 Industrials companies reporting it.

3m

3m’s return on equity of 68.5% ranks in the 97th percentile of the 79 medical device companies reporting it. 3m’s operating margin of 18.6% ranks in the 89th percentile of the 80 medical device companies reporting it. 3m’s long-term debt to equity of 2.30 ranks in the 85th percentile of the 54 medical device companies reporting it.

Short interest

FINRA settlement dataHONMMM
Shares sold short5.3M9.6M
Change vs prior settlement-37.4%-3.3%
Days to cover1.623.72
As of settlement2026-08-142026-08-14

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data; republishing or redistributing it is not permitted. Not presented as a percentage of float. No FINRA endorsement of this product is implied.

Insider activity (last 90 days)

Form 4 activity (codes P/S)HONMMM
Buys00
Sells7 ($4.2M)5 ($4.3M)

Non-derivative purchases (code P) and sales (code S) reported on SEC Form 4, which may be open-market or private (grants, exercises and tax withholding excluded). For context, about 15% of covered companies saw any reported insider purchase (code P) in a 90-day window.

Held by the same investors

8 tracked 13F managers hold both Honeywell International and 3m as of their latest quarterly filings: AQR Capital Management, ARK Investment Management, Citadel Advisors, D. E. Shaw, Dodge & Cox, Gotham Asset Management, Millennium Management, Two Sigma Investments. See which superinvestors hold your own portfolio with the smart money checker.

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filings before relying on them. Comparisons are descriptive (higher or lower on a reported figure), not a rating or a recommendation. Informational only. Not investment advice.