Both in Surgical Instruments
3M vs Stryker
Over the past year MMM returned +9.4% and SYK returned −24.6%; their daily moves had a correlation of 0.16.
MMM +9.4% SYK −24.6%Growth of $1, one year, split-adjusted
| Metric | MMM | SYK |
|---|---|---|
| Price | $168.49 | $278.77 |
| Market cap | $86.89B | $106.93B |
| Today | −0.58% | +1.26% |
| 1 month | −3.4% | −15.7% |
| 6 months | +18.2% | −14.5% |
| Year to date | +5.2% | −20.7% |
| 1 year | +10.3% | −24.5% |
| Revenue growth (YoY) | +2.5% | +9.4% |
| Gross margin | 41.3% | 68.3% |
| Net margin | 14.4% | 19.4% |
| P/E (TTM) | 29.0× | 28.7× |
| Price / sales | 3.5× | 4.1× |
| Net cash | -$9.22B | -$11.47B |
| Dividend yield | 1.85% | 1.26% |
| Volatility (60d) | 24.6% | 39.0% |
| Short % of float | 1.9% | 2.2% |
| Next earnings | — | — |
Shading marks the stronger figure where one clearly exists (lower is better for valuation and volatility).