LECO vs MMM vs STKH Stock Comparison

Lincoln Electric Holdings, 3M and Steakholder Foods Prices as of Oct 27, 2026 Peers: Industry group
MMM 3M Co
$171.62 +1.2% 1M +1.9% 1Y
Market cap
$89.34B
P/E
25.3x
Revenue (TTM)
$25.25B
Div. yield
0.02%
Industrial Machinery Industrials
6 wins

Head to Head

12 decided of 12

3M leads on 6 of the 12 questions below (3M 6, Lincoln Electric Holdings 6). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionLECOMMMSTKHLeader
Larger companyMarket capitalisation $15.32B $89.34B $44.67K MMM
Cheaper on earningsLower P/E, profitable companies only 26.6x 25.3x — MMM
Cheaper on forward earningsLower price / next fiscal year consensus EPS 24.3x 19.3x — MMM
Faster revenue growthRevenue growth, trailing twelve months +11.1% +1.7% — LECO
More profitableNet margin, trailing twelve months 12.4% 14.0% — MMM
Better return on capitalReturn on invested capital 22.6% 22.0% — LECO
Less leveragedLower net debt / EBITDA 1.0x 1.6x — LECO
Higher dividend yieldTrailing dividend yield 0.01% 0.02% 0.00% MMM
Better 1-year returnPrice return, last 12 months +16.6% +1.9% -89.4% LECO
Better 5-year returnAnnualised price return, 5 years +15.0%/yr +2.7%/yr -83.1%/yr LECO
Less volatileAnnualised volatility, 1 year 30.8% 25.6% 225.6% MMM
Higher overall scoreMean of the five percentile scores vs peers 54/100 49/100 — LECO

Percentile Scorecard

LECOMMMSTKH

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisLECOMMMSTKH
Valuation 36 #130 of 203 37 #128 of 203 –
Growth 44 #106 of 188 59 #77 of 188 –
Profitability 94 #12 of 183 89 #21 of 183 –
Financial Health 44 #121 of 217 19 #177 of 217 74 #57 of 217
Shareholder Returns 54 #71 of 153 42 #89 of 153 –
Overall 54 49 –
  • LECO ranked among 222 companies in Machinery
  • MMM ranked among 222 companies in Machinery
  • STKH ranked among 222 companies in Machinery

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodLECOMMMSTKHSPY
1 month +3.9%+1.2%-76.2% -0.2%
3 months +5.7%-5.9%-88.6% +3.9%
6 months +8.6%+17.5%-76.6% +8.2%
Year to date +17.8%+7.2%-82.3% +12.9%
1 year +16.6%+1.9%-89.4% +12.3%
3 years +63.5%+134.5%-99.9% +87.4%
3 years, per year +17.8%+32.9%-88.6% +23.3%
5 years +101.1%+14.1%-100.0% +67.9%
5 years, per year +15.0%+2.7%-83.1% +10.9%
10 years +331.4%+23.8%— +261.1%
10 years, per year +15.7%+2.2%— +13.7%

Risk

MeasureLECOMMMSTKHSPY
Volatility, 1Y 30.8%25.6%225.6% 12.7%
Downside volatility, 1Y 31.2%24.6%172.2% 12.7%
Beta vs S&P 500, 1Y 1.180.691.65 1.00
Return / volatility, 1Y 0.540.07-0.40 0.97
Max drawdown, 5Y -35.3%-53.4%-100.0% -25.4%
From 52-week high -5.5%-6.6%-90.5% -1.2%
52-week high $298.88$183.81$4.30 $779.14
52-week low $220.64$141.20$0.40 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleLECOMMMSTKH
P/E now vs peer median 26.7xmedian 25.2x 25.2xmedian 25.2x —median 25.2x
P/S now vs peer median 3.3xmedian 1.9x 3.5xmedian 1.9x —median 1.9x
EV/EBITDA now vs peer median 17.8xmedian 14.0x 16.0xmedian 14.0x —median 14.0x
P/FCF now vs peer median 29.9xmedian 21.7x 33.1xmedian 21.7x —median 21.7x
P/B now vs peer median 9.8xmedian 2.3x 21.3xmedian 2.3x 0.0xmedian 2.3x
PEG now vs peer median 3.82median 1.32 0.70median 1.32 —median 1.32

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsLECOMMMSTKH
Revenue $4.64B $25.25B –
Gross profit $1.65B $9.98B –
Operating income $802.52M $4.74B –
Net income $575.27M $3.58B –
Free cash flow $511.89M $2.68B –
R&D – $1.21B –
EPS (diluted) $10.48 $6.77 –
Cash & equivalents $283.24M $4.84B $1.06M
Total debt $1.15B $15.00B –
Shares (diluted) 54.87M 522.60M 124.02K
Enterprise value $14.19B $70.78B -$6.85M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricLECOMMMSTKH
P/E 26.7x 25.2x –
P/FCF 29.9x 33.1x –
P/Operating cash flow 22.9x 24.4x –
P/S 3.3x 3.5x –
P/B 9.8x 21.3x 0.0x
P/Tangible book 9.8x 41.9x 0.0x
EV/EBITDA 17.8x 16.0x –
EV/EBIT 20.1x 20.8x –
EV/Revenue 3.5x 3.9x –
EV/FCF 31.6x 36.8x –
EV/Operating cash flow 24.2x 27.2x –
PEG (3Y EPS CAGR) 3.82 0.70 –

Growth

14 metrics
MetricLECOMMMSTKH
Revenue growth (1Y) 11.1% 1.7% –
Revenue CAGR (3Y) 4.5% 10.7% –
Gross profit growth (1Y) 7.7% -1.8% –
Gross profit CAGR (3Y) 5.5% 17.0% –
Operating income growth (1Y) 12.9% -3.7% –
Operating income CAGR (3Y) 7.0% 33.4% –
Net income growth (1Y) 9.6% 4.8% –
Net income CAGR (3Y) 4.9% 35.4% –
EPS growth (1Y) 11.0% 7.1% –
EPS CAGR (3Y) 7.0% 35.8% –
Operating cash flow growth (1Y) 0.7% 42.8% –
Operating cash flow CAGR (3Y) 0.5% -18.1% –
Free cash flow growth (1Y) -6.3% 68.6% –
Free cash flow CAGR (3Y) -3.6% -18.0% –

Profitability

14 metrics
MetricLECOMMMSTKH
Gross margin 35.5% 39.5% –
EBITDA margin 19.5% 24.4% –
Operating margin 17.3% 18.8% –
Pretax margin 16.2% 17.5% –
Net margin 12.4% 14.0% –
FCF margin 11.0% 10.6% –
Operating cash flow margin 14.4% 14.4% –
Return on equity 37.0% 101.3% –
Return on assets 14.9% 9.8% –
Return on invested capital 22.6% 22.0% –
Return on capital employed 27.7% 18.7% –
Asset turnover 1.2x 0.7x –
Cash conversion (OCF / net income) 1.2x 1.0x –
Stock comp / revenue 0.5% 0.8% –

Financial Health

11 metrics
MetricLECOMMMSTKH
Debt / assets 29.5% 37.9% –
Debt / equity 0.7x 3.6x –
Net debt / EBITDA 1.0x 1.6x –
Debt / FCF 2.2x 5.6x –
Liabilities / assets 60.1% 89.5% 27.9%
Equity / assets 39.9% 10.5% 72.1%
Interest coverage – – –
Current ratio 1.9x 1.4x 1.8x
Quick ratio 1.0x 0.8x 1.2x
Cash ratio 0.3x 0.4x 1.2x
Altman Z-score 7.74 4.09 –

Shareholder Returns

7 metrics
MetricLECOMMMSTKH
Dividend yield 1.1% 1.8% –
Net buyback yield 1.8% 3.1% –
Shareholder yield 2.9% 4.9% –
Payout ratio (earnings) 30.0% 44.8% –
Payout ratio (FCF) 33.7% 59.9% –
Dividend growth (1Y) 3.5% 3.2% –
Dividend CAGR (3Y) 6.3% -21.4% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusLECOMMMSTKH
Forward P/E 24.3xFY2026 19.3xFY2026 –
EPS, next fiscal year $11.62FY2026 $8.88FY2026 $-550.39FY2026
EPS growth, next FY +17.7%FY2026 +10.2%FY2026 –
EPS growth, the year after +0.4% +16.7% –
Revenue, next fiscal year $4.84BFY2026 $23.87BFY2026 $57.45MFY2025
Revenue growth, next FY +14.5%FY2026 -1.8%FY2026 +574,390.0%FY2025
Revenue growth, the year after +5.5% +17.6% -42.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersLECOMMMSTKH
Held by institutions 81.3% 74.5% –
Institutions holding 701 2,209 –
Change in shares held, QoQ +5.5% +0.8% –
Institutions buying 297 915 –
Institutions selling 266 837 –
Buyers to sellers 1.12 1.09 –

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

LECOMMMSTKH
LECO 1.00 0.49 0.08
MMM 0.49 1.00 0.17
STKH 0.08 0.17 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, LECO, MMM and STKH?

3M (MMM) is the largest by market capitalisation: Lincoln Electric Holdings (LECO) $15.32B, 3M (MMM) $89.34B, Steakholder Foods (STKH) $44.67K.

Which stock is cheaper, LECO, MMM and STKH?

3M (MMM) trades on the lowest price-to-earnings ratio (Lincoln Electric Holdings (LECO) 26.6x, 3M (MMM) 25.3x). On next year's consensus earnings, 3M (MMM) is cheapest (Lincoln Electric Holdings (LECO) 24.3x, 3M (MMM) 19.3x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Lincoln Electric Holdings (LECO) grew revenue fastest over the trailing twelve months: Lincoln Electric Holdings (LECO) +11.1%, 3M (MMM) +1.7%.

Which company is more profitable?

3M (MMM) has the highest net margin (Lincoln Electric Holdings (LECO) 12.4%, 3M (MMM) 14.0%). On return on invested capital, Lincoln Electric Holdings (LECO) leads (Lincoln Electric Holdings (LECO) 22.6%, 3M (MMM) 22.0%).

Which stock has performed better?

Over the past year Lincoln Electric Holdings (LECO) returned the most: Lincoln Electric Holdings (LECO) +16.6%, 3M (MMM) +1.9%, Steakholder Foods (STKH) -89.4%. Over five years, Lincoln Electric Holdings (LECO) compounded fastest (Lincoln Electric Holdings (LECO) +15.0%/yr, 3M (MMM) +2.7%/yr, Steakholder Foods (STKH) -83.1%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

3M (MMM) has the highest dividend yield: Lincoln Electric Holdings (LECO) 0.01%, 3M (MMM) 0.02%, Steakholder Foods (STKH) 0.00%. Steakholder Foods (STKH) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, 3M (MMM) has been the steadiest (Lincoln Electric Holdings (LECO) 30.8%, 3M (MMM) 25.6%, Steakholder Foods (STKH) 225.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, LECO, MMM and STKH?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, 3M (MMM) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.