ELV vs MMM

Comparison between Elevance Health Inc (ELV, Company) and 3M Company (MMM, Company).

ELV is from the Healthcare sector, while MMM is from the Industrials sector.

5-Year PerformanceMMM has outperformed ELV, delivering a return of +3.5% compared to +2.5%

ELV vs MMM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ELV(COMPANY)	MMM(COMPANY)
Market Cap	$84B	$84B
Max Drawdown	67.19%	66.90%
Sharpe Ratio	0.25	0.53
5Y Beta	0.25	0.97
Industry	Healthcare Plans	Conglomerates
P/E Ratio	16.39	30.49
Forward P/E	14.62	18.83
Dividend Yield	1.72%	1.84%
5Y Dividends CAGR	15.55%	-8.67%
5Y EPS CAGR	3.82%	-12.00%
Debt to Equity	70.88%	384.80%
Free Cash Flow Yield	7.64%	2.46%

Market Cap

Winner

ELV

$84B

MMM

$84B

Max Drawdown

ELV

67.19%

Winner

MMM

66.90%

Sharpe Ratio

ELV

0.25

Winner

MMM

0.53

5Y Beta

Winner

ELV

0.25

MMM

0.97

Industry

ELV

Healthcare Plans

MMM

Conglomerates

P/E Ratio

Winner

ELV

16.39

MMM

30.49

Forward P/E

Winner

ELV

14.62

MMM

18.83

Dividend Yield

ELV

1.72%

Winner

MMM

1.84%

5Y Dividends CAGR

Winner

ELV

15.55%

MMM

-8.67%

5Y EPS CAGR

Winner

ELV

3.82%

MMM

-12.00%

Debt to Equity

Winner

ELV

70.88%

MMM

384.80%

Free Cash Flow Yield

Winner

ELV

7.64%

MMM

2.46%

ELV vs MMM - Historical Returns

Returns include dividend reinvestment.

Period	ELV	MMM
1 month	-0.99%	+5.83%
3 months	+32.28%	+11.26%
6 months	+13.91%	+0.24%
1 year	+5.55%	+14.82%
5 years(CAGR)	+2.49%	+3.50%
10 years(CAGR)	+12.92%	+4.56%
Max(CAGR)	+13.77%	+8.31%

ELV

-0.99%

Winner

MMM

+5.83%

Winner

ELV

+32.28%

MMM

+11.26%

Winner

ELV

+13.91%

MMM

+0.24%

ELV

+5.55%

Winner

MMM

+14.82%

5Y(CAGR)

ELV

+2.49%

Winner

MMM

+3.50%

10Y(CAGR)

Winner

ELV

+12.92%

MMM

+4.56%

Max(CAGR)

Winner

ELV

+13.77%

MMM

+8.31%

ELV vs MMM - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	ELV	MMM
2026	+10.80%	+0.21%
2025	-2.31%	+25.79%
2024	-21.92%	+43.85%
2023	-4.90%	-5.34%
2022	+11.51%	-29.64%
2021	+47.28%	+6.66%
2020	+8.14%	+0.74%
2019	+19.80%	-4.46%
2018	+17.59%	-17.01%
2017	+59.32%	+35.31%
2016	+5.29%	+24.89%
2015	+13.06%	-5.76%
2014	+40.89%	+21.83%
2013	+54.62%	+51.32%
2012	-8.20%	+14.21%
2011	+15.99%	-3.39%
2010	-4.84%	+6.62%
2009	+32.93%	+44.38%
2008	-51.57%	-28.43%
2007	+12.20%	+10.26%
2006	-0.84%	+0.89%
2005	+41.85%	-3.90%
2004	+50.76%	+0.20%
2003	+18.39%	+36.75%
2002	+28.89%	+7.39%
2001	+21.03%	+1.24%
2000	N/A	+30.89%
1999	N/A	+4.70%

ELV vs MMM Drawdown Comparison

The maximum drawdown for ELV was -67.19%, occurring on Nov 20, 2008. Recovery took 1400 trading sessions.

The maximum drawdown for MMM was -59.05%, occurring on Oct 23, 2023. Recovery took 1944 trading sessions.

The current ELV drawdown is -28.32%. The current MMM drawdown is -7.13%.

Rank	ELV	MMM
#1	-67.19% Dec 24, 2007 - Jul 18, 2013	-59.05% Jan 26, 2018 - Oct 21, 2025
#2	-50.38% Sep 3, 2024 - Aug 1, 2025	-54.36% Oct 5, 2007 - Apr 29, 2010
#3	-44.14% Feb 26, 2019 - Oct 23, 2020	-30.31% May 16, 2001 - Apr 8, 2002
#4	-30.85% Jun 22, 2015 - Mar 1, 2017	-27.11% Jul 7, 2011 - Oct 5, 2012
#5	-27.33% Jun 12, 2002 - May 20, 2003	-22.67% Nov 18, 1999 - Dec 4, 2000
#6	-23.59% Oct 31, 2022 - Apr 25, 2024	-22.30% May 8, 2006 - May 15, 2007
#7	-23.04% Apr 12, 2004 - Nov 15, 2004	-20.18% Jun 30, 2004 - May 5, 2006
#8	-20.50% Jun 18, 2003 - Feb 2, 2004	-18.77% Feb 12, 2026 - Mar 20, 2026
#9	-16.21% Jan 26, 2018 - Aug 2, 2018	-18.66% Dec 28, 2000 - May 16, 2001
#10	-15.93% Dec 3, 2018 - Jan 30, 2019	-18.23% Mar 2, 2015 - Mar 28, 2016
#11	-15.92% Apr 20, 2022 - Oct 26, 2022	-16.25% May 3, 2010 - Oct 5, 2010
#12	-15.63% Dec 29, 2005 - Feb 6, 2007	-16.17% Jul 5, 2002 - Oct 23, 2002
#13	-15.08% Jan 11, 2021 - Mar 8, 2021	-12.02% Jan 16, 2004 - Apr 22, 2004
#14	-12.48% May 18, 2007 - Dec 6, 2007	-11.66% Dec 31, 2013 - May 1, 2014
#15	-12.22% Oct 23, 2020 - Nov 4, 2020	-11.51% Dec 3, 2025 - Feb 10, 2026

Correlation

Correlation between ELV and MMM is 0.72 which considered as a strong positive correlation - the stocks tend to move together.

0.72

-101

Dividend Comparison (1999 - 2026)

ELV vs MMM dividend yield comparison.

Year	ELV	MMM
2026	0.89%	0.97%
2025	1.95%	1.82%
2024	1.77%	16.27%
2023	1.26%	5.49%
2022	1.00%	4.97%
2021	0.98%	3.33%
2020	1.18%	3.36%
2019	1.06%	3.26%
2018	1.14%	2.86%
2017	1.20%	2.00%
2016	1.81%	2.49%
2015	1.79%	2.72%
2014	1.39%	2.08%
2013	1.62%	1.81%
2012	1.89%	2.54%
2011	1.51%	2.69%
2010	0.00%	2.43%
2009	0.00%	2.47%
2008	0.00%	3.48%
2007	0.00%	2.28%
2006	0.00%	2.36%
2005	0.00%	2.17%
2004	0.00%	1.75%
2003	0.00%	1.55%
2002	0.00%	2.01%
2001	0.00%	2.03%
2000	0.00%	1.93%
1999	0.00%	0.57%