MIDD vs ROK vs MMM Stock Comparison

Middleby, Rockwell Automation and 3M Prices as of Oct 26, 2026 Peers: Industry group
MIDD MIDDLEBY Corp
$114.46 +6.3% 1M -13.7% 1Y
Market cap
$5.17B
P/E
–
Revenue (TTM)
$3.35B
Div. yield
–
Industrial Machinery Industrials
1 win
ROK Rockwell Automation, Inc
$429.70 -1.0% 1M +20.5% 1Y
Market cap
$48.73B
P/E
40.6x
Revenue (TTM)
$8.97B
Div. yield
–
Industrial Machinery Industrials
5 wins
MMM 3M Co
$172.79 +1.9% 1M +2.5% 1Y
Market cap
$89.10B
P/E
25.2x
Revenue (TTM)
$25.25B
Div. yield
0.02%
Industrial Machinery Industrials
5 wins

Head to Head

11 decided of 12

3M leads on 5 of the 12 questions below (3M 5, Rockwell Automation 5, Middleby 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionMIDDROKMMMLeader
Larger companyMarket capitalisation $5.17B $48.73B $89.10B MMM
Cheaper on earningsLower P/E, profitable companies only -16.4x 40.6x 25.2x MMM
Cheaper on forward earningsLower price / next fiscal year consensus EPS 16.1x 34.4x 19.5x MIDD
Faster revenue growthRevenue growth, trailing twelve months +7.0% +11.3% +1.7% ROK
More profitableNet margin, trailing twelve months -9.4% 13.4% 14.0% MMM
Better return on capitalReturn on invested capital 9.2% 21.0% 22.0% MMM
Less leveragedLower net debt / EBITDA 2.8x 1.3x 1.6x ROK
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.02% –
Better 1-year returnPrice return, last 12 months -13.7% +20.5% +2.5% ROK
Better 5-year returnAnnualised price return, 5 years -8.1%/yr +6.5%/yr +3.0%/yr ROK
Less volatileAnnualised volatility, 1 year 42.7% 31.3% 25.6% MMM
Higher overall scoreMean of the five percentile scores vs peers 38/100 54/100 49/100 ROK

Percentile Scorecard

MIDDROKMMM

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

AxisMIDDROKMMM
Valuation 58 #86 of 203 15 #173 of 203 37 #129 of 203
Growth 12 #164 of 187 52 #91 of 187 59 #77 of 187
Profitability 52 #90 of 185 95 #11 of 185 86 #26 of 185
Financial Health 28 #157 of 219 33 #148 of 219 18 #179 of 219
Shareholder Returns – 75 #39 of 153 43 #87 of 153
Overall 38 54 49
  • MIDD ranked among 222 companies in Machinery
  • ROK ranked among 222 companies in Machinery
  • MMM ranked among 222 companies in Machinery

Price Performance

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

Returns

PeriodMIDDROKMMMSPY
1 month +6.3%-1.0%+1.9% -0.8%
3 months -15.8%-7.8%-3.0% +3.5%
6 months -19.8%+5.6%+18.5% +7.0%
Year to date -23.0%+10.4%+7.9% +12.2%
1 year -13.7%+20.5%+2.5% +13.0%
3 years +2.1%+64.0%+136.1% +86.3%
3 years, per year +0.7%+17.9%+33.2% +23.1%
5 years -34.3%+37.0%+15.9% +68.6%
5 years, per year -8.1%+6.5%+3.0% +11.0%
10 years +3.0%+256.2%+24.1% +258.0%
10 years, per year +0.3%+13.5%+2.2% +13.6%

Risk

MeasureMIDDROKMMMSPY
Volatility, 1Y 42.7%31.3%25.6% 12.7%
Downside volatility, 1Y 47.7%31.8%24.7% 12.7%
Beta vs S&P 500, 1Y 1.191.400.69 1.00
Return / volatility, 1Y -0.320.660.10 1.02
Max drawdown, 5Y -48.6%-45.6%-53.4% -25.4%
From 52-week high -36.1%-13.2%-6.0% -1.8%
52-week high $179.20$495.08$183.81 $779.14
52-week low $102.69$348.51$141.20 $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.

MultipleMIDDROKMMM
P/E now vs peer median -16.5xmedian 26.0x 39.7xmedian 26.0x 25.4xmedian 26.0x
P/S now vs peer median 1.5xmedian 1.9x 5.3xmedian 1.9x 3.5xmedian 1.9x
EV/EBITDA now vs peer median 10.6xmedian 14.0x 24.1xmedian 14.0x 16.1xmedian 14.0x
P/FCF now vs peer median —median 21.4x 31.7xmedian 21.4x 33.4xmedian 21.4x
P/B now vs peer median 2.3xmedian 2.2x 13.6xmedian 2.2x 21.4xmedian 2.2x
PEG now vs peer median 0.40median 1.26 -9.05median 1.26 0.71median 1.26

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 monthsMIDDROKMMM
Revenue $3.35B $8.97B $25.25B
Gross profit $1.29B $4.41B $9.98B
Operating income $574.47M $1.77B $4.74B
Net income -$315.27M $1.20B $3.58B
Free cash flow – $1.50B $2.68B
R&D – $716.00M $1.21B
EPS (diluted) $-6.95 $10.76 $6.77
Cash & equivalents $159.18M $479.00M $4.84B
Total debt $8.60B $13.81B $15.00B
Shares (diluted) 45.34M 111.60M 522.60M
Enterprise value $4.10B $46.92B $70.54B

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
MetricMIDDROKMMM
P/E -16.5x 39.7x 25.4x
P/FCF – 31.7x 33.4x
P/Operating cash flow – 27.6x 24.6x
P/S 1.5x 5.3x 3.5x
P/B 2.3x 13.6x 21.4x
P/Tangible book 4.4x 17.1x 42.2x
EV/EBITDA 10.6x 24.1x 16.1x
EV/EBIT 12.2x 28.5x 20.9x
EV/Revenue 2.1x 5.6x 3.9x
EV/FCF – 33.6x 37.0x
EV/Operating cash flow – 29.2x 27.3x
PEG (3Y EPS CAGR) 0.40 -9.05 0.71

Growth

14 metrics
MetricMIDDROKMMM
Revenue growth (1Y) 7.0% 11.3% 1.7%
Revenue CAGR (3Y) -6.3% 1.3% 10.7%
Gross profit growth (1Y) 4.2% 1.9% -1.8%
Gross profit CAGR (3Y) -5.4% 7.5% 17.0%
Operating income growth (1Y) -7.3% -7.1% -3.7%
Operating income CAGR (3Y) -6.2% 2.9% 33.4%
Net income growth (1Y) -174.2% 23.8% 4.8%
Net income CAGR (3Y) -39.2% -5.5% 35.4%
EPS growth (1Y) -187.0% 25.2% 7.1%
EPS CAGR (3Y) -41.4% -4.4% 35.8%
Operating cash flow growth (1Y) – 13.8% 42.8%
Operating cash flow CAGR (3Y) – 22.8% -18.1%
Free cash flow growth (1Y) – 13.9% 68.6%
Free cash flow CAGR (3Y) – 23.6% -18.0%

Profitability

14 metrics
MetricMIDDROKMMM
Gross margin 38.7% 49.1% 39.5%
EBITDA margin 19.7% 23.3% 24.4%
Operating margin 17.2% 19.7% 18.8%
Pretax margin 14.4% 14.7% 17.5%
Net margin -9.4% 13.4% 14.0%
FCF margin – 16.8% 10.6%
Operating cash flow margin – 19.3% 14.4%
Return on equity -12.6% 30.9% 101.3%
Return on assets -5.4% 9.8% 9.8%
Return on invested capital 9.2% 21.0% 22.0%
Return on capital employed 11.5% 23.6% 18.7%
Asset turnover 0.6x 0.8x 0.7x
Cash conversion (OCF / net income) – 1.4x 1.0x
Stock comp / revenue 0.5% 1.0% 0.8%

Financial Health

11 metrics
MetricMIDDROKMMM
Debt / assets 36.9% 29.4% 37.9%
Debt / equity 0.9x 0.9x 3.6x
Net debt / EBITDA 2.8x 1.3x 1.6x
Debt / FCF – 2.2x 5.6x
Liabilities / assets 58.8% 68.5% 89.5%
Equity / assets 41.2% 31.5% 10.5%
Interest coverage 5.6x 12.8x –
Current ratio 2.0x 1.1x 1.4x
Quick ratio 1.0x 0.7x 0.8x
Cash ratio 0.2x 0.1x 0.4x
Altman Z-score 3.21 5.88 4.10

Shareholder Returns

7 metrics
MetricMIDDROKMMM
Dividend yield – 1.3% 1.8%
Net buyback yield – 1.5% 3.1%
Shareholder yield 0.0% 2.8% 4.8%
Payout ratio (earnings) – – 44.8%
Payout ratio (FCF) – – 59.9%
Dividend growth (1Y) – – 3.2%
Dividend CAGR (3Y) – – -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.

ConsensusMIDDROKMMM
Forward P/E 16.1xFY2026 34.4xFY2026 19.5xFY2026
EPS, next fiscal year $7.12FY2026 $12.50FY2026 $8.88FY2026
EPS growth, next FY +5.5%FY2026 +18.7%FY2026 +10.2%FY2026
EPS growth, the year after +15.7% +12.3% +16.7%
Revenue, next fiscal year $2.66BFY2026 $8.50BFY2026 $23.87BFY2026
Revenue growth, next FY -16.9%FY2026 +1.9%FY2026 -1.8%FY2026
Revenue growth, the year after +0.8% +19.4% +17.6%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersMIDDROKMMM
Held by institutions 91.7% 89.2% 74.5%
Institutions holding 452 1,540 2,208
Change in shares held, QoQ -1.4% +3.5% +0.8%
Institutions buying 205 805 914
Institutions selling 172 437 837
Buyers to sellers 1.19 1.84 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.

MIDDROKMMM
MIDD 1.00 0.33 0.28
ROK 0.33 1.00 0.28
MMM 0.28 0.28 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, MIDD, ROK and MMM?

3M (MMM) is the largest by market capitalisation: Middleby (MIDD) $5.17B, Rockwell Automation (ROK) $48.73B, 3M (MMM) $89.10B.

Which stock is cheaper, MIDD, ROK and MMM?

3M (MMM) trades on the lowest price-to-earnings ratio (Middleby (MIDD) -16.4x, Rockwell Automation (ROK) 40.6x, 3M (MMM) 25.2x). On next year's consensus earnings, Middleby (MIDD) is cheapest (Middleby (MIDD) 16.1x, Rockwell Automation (ROK) 34.4x, 3M (MMM) 19.5x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Rockwell Automation (ROK) grew revenue fastest over the trailing twelve months: Middleby (MIDD) +7.0%, Rockwell Automation (ROK) +11.3%, 3M (MMM) +1.7%.

Which company is more profitable?

3M (MMM) has the highest net margin (Middleby (MIDD) -9.4%, Rockwell Automation (ROK) 13.4%, 3M (MMM) 14.0%). On return on invested capital, 3M (MMM) leads (Middleby (MIDD) 9.2%, Rockwell Automation (ROK) 21.0%, 3M (MMM) 22.0%).

Which stock has performed better?

Over the past year Rockwell Automation (ROK) returned the most: Middleby (MIDD) -13.7%, Rockwell Automation (ROK) +20.5%, 3M (MMM) +2.5%. Over five years, Rockwell Automation (ROK) compounded fastest (Middleby (MIDD) -8.1%/yr, Rockwell Automation (ROK) +6.5%/yr, 3M (MMM) +3.0%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Middleby (MIDD) 0.00%, Rockwell Automation (ROK) 0.00%, 3M (MMM) 0.02%. Middleby (MIDD) and Rockwell Automation (ROK) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, 3M (MMM) has been the steadiest (Middleby (MIDD) 42.7%, Rockwell Automation (ROK) 31.3%, 3M (MMM) 25.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, MIDD, ROK and MMM?

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 5. 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.