3M (NYSE:MMM) and Jet.AI (NASDAQ:JTAI) Financial Contrast

Jet.AI (NASDAQ:JTAI) and 3M (NYSE:MMM) are both multi-sector conglomerates companies, but which is the superior business? We will compare the two companies based on the strength of their earnings, valuation, analyst recommendations, risk, dividends, profitability and institutional ownership.

Valuation & Earnings

This table compares Jet.AI and 3M”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Jet.AI	$14.02 million	0.49	-$12.73 million	($46.59)	-0.04
3M	$24.83 billion	3.64	$4.17 billion	$6.26	27.21

3M has higher revenue and earnings than Jet.AI. Jet.AI is trading at a lower price-to-earnings ratio than 3M, indicating that it is currently the more affordable of the two stocks.

Analyst Recommendations

This is a summary of current recommendations for Jet.AI and 3M, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Jet.AI	1	0	1	0	2.00
3M	1	2	7	0	2.60

Jet.AI currently has a consensus price target of $11.00, indicating a potential upside of 455.56%. 3M has a consensus price target of $172.67, indicating a potential upside of 1.38%. Given Jet.AI’s higher possible upside, equities analysts plainly believe Jet.AI is more favorable than 3M.

Insider and Institutional Ownership

5.5% of Jet.AI shares are held by institutional investors. Comparatively, 65.3% of 3M shares are held by institutional investors. 34.0% of Jet.AI shares are held by company insiders. Comparatively, 0.5% of 3M shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Profitability

This table compares Jet.AI and 3M’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Jet.AI	-92.55%	-179.13%	-100.58%
3M	13.70%	98.47%	11.05%

Risk and Volatility

Jet.AI has a beta of -0.22, indicating that its stock price is 122% less volatile than the S&P 500. Comparatively, 3M has a beta of 1.06, indicating that its stock price is 6% more volatile than the S&P 500.

Summary

3M beats Jet.AI on 12 of the 14 factors compared between the two stocks.

About Jet.AI

Jet.AI Inc. primarily engages in the development and operation of private aviation platforms. The company operates CharterGPT, a booking platform that functions as a prospecting and quoting platform to arrange private jet travel with its aircrafts and third-party carriers. It also provides Reroute AI software that recycles aircraft waiting to return to base into prospective new charter bookings to destinations within specific distances; and DynoFlight, a software application programming interface (API), which enables aircraft operators to track and estimate emissions, and purchase carbon offset credits. In addition, the company offers Flight Club API, an aviation software, that enables FAA Part 135 operators to function simultaneously under FAA Part 380, which permits sale of private jet service by the seat instead of by whole aircraft. Further, it offers aircraft charter, management, and brokerage services. The company was founded in 2018 and is headquartered in Las Vegas, Nevada.

About 3M

3M Company provides diversified technology services in the United States and internationally. The company’s Safety and Industrial segment offers industrial abrasives and finishing for metalworking applications; autobody repair solutions; closure systems for personal hygiene products, masking, and packaging materials; electrical products and materials for construction and maintenance, power distribution, and electrical original equipment manufacturers; structural adhesives and tapes; respiratory, hearing, eye, and fall protection solutions; and natural and color-coated mineral granules for shingles. Its Transportation and Electronics segment provides ceramic solutions; attachment/bonding products, films, sound, and temperature management for transportation vehicles; premium large format graphic films for advertising and fleet signage; light management films and electronics assembly solutions; packaging and interconnection solutions; semiconductor production materials; data centers solutions; and reflective signage for highway, and vehicle safety. The company’s Consumer segment provides consumer bandages, braces, supports, and consumer respirators; home cleaning products; retail abrasives, paint accessories, car care DIY products, picture hanging, and consumer air quality solutions; and stationery products. It offers its products through e-commerce and traditional wholesalers, retailers, jobbers, distributors, and dealers. 3M Company was founded in 1902 and is headquartered in Saint Paul, Minnesota.