Both in Surgical Instruments
3M vs ResMed
Over the past year MMM returned +4.7% and RMD returned −6.9%; their daily moves had a correlation of 0.26.
MMM +4.7% RMD −6.9%Growth of $1, one year, split-adjusted
| Metric | MMM | RMD |
|---|---|---|
| Price | $174.34 | $229.94 |
| Market cap | $89.91B | $32.34B |
| Today | −1.70% | −9.05% |
| 1 month | +6.9% | +4.0% |
| 6 months | +22.3% | +12.2% |
| Year to date | +8.9% | −4.5% |
| 1 year | +5.9% | −9.3% |
| Revenue growth (YoY) | +1.0% | +5.9% |
| Gross margin | 42.3% | 61.5% |
| Net margin | 20.9% | 29.6% |
| P/E (TTM) | 25.4× | 20.3× |
| Price / sales | 3.6× | 5.6× |
| Net cash | -$9.85B | $601.1M |
| Dividend yield | 1.79% | 1.15% |
| Volatility (60d) | 21.9% | 32.9% |
| Short % of float | 1.9% | 8.5% |
| Next earnings | — | — |
Shading marks the stronger figure where one clearly exists (lower is better for valuation and volatility).