Which has the lower trailing P/E, CMI or CP?

CP has the lower trailing P/E: CMI trades at 30.04 and CP at 28.86. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, CMI or CP?

Over the past five years, CP grew revenue faster — CMI at a 10.18% CAGR versus CP at 20.89%.

Does CMI or CP pay a bigger dividend?

CMI yields 1.40% and CP yields 0.71% based on trailing dividends and the latest price.

Is CMI or CP more profitable?

CP runs the higher net margin — CMI at 7.82% versus CP at 18.86%.

How have CMI and CP total returns compared?

Over the past 10 years, CMI delivered 19.63% and CP delivered 13.23% annualized total return. Past performance doesn't predict future results.

Cummins Inc. (CMI) vs Canadian Pacific Kansas City Ltd. (CP)

A side-by-side comparison of Cummins Inc. and Canadian Pacific Kansas City Ltd. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 23, 2026. Differences are shown without an overall score or investment verdict.

CMI

Cummins Inc.

$81.09B

$587.68IndustrialsAt close: Aug 21, 2026, 4:00 PM ET

Canadian Pacific Kansas City Ltd.

$85.00B

$96.69IndustrialsAt close: Aug 21, 2026, 4:00 PM ET

Total return — CMI vs CP

growth of $100 · dividends reinvested · last 10y

CMI +503.3% (+19.7%/yr)CP +245.1% (+13.2%/yr)CMI compounded faster over this window

CMI CP

CMI vs CP: by the numbers

•CP is the larger company ($85.00B vs $81.09B market cap).
•CP trades at the lower trailing earnings multiple (28.86 vs 30.04 P/E), one valuation lens rather than an overall verdict.
•CP converts more revenue to profit (18.86% vs 7.82% net margin).
•CP grew revenue faster over the past five years (20.89% vs 10.18% CAGR).
•CMI pays the higher dividend yield (1.40% vs 0.71%).

Metrics side by side

Valuation

Metric	CMI	CP
P/E ratio	30.04	28.86
Forward P/E	19.89	18.12
P/S ratio	2.35	5.37
P/B ratio	6.34	2.61
EV / EBITDA	17.41	17.17
FCF yield	4.13%	2.00%

Profitability

Metric	CMI	CP
Gross margin	25.32%	59.84%
Operating margin	11.13%	37.20%
Net margin	7.82%	18.86%
ROE	21.13%	9.18%
ROIC	10.95%	5.40%

Dividends

Metric	CMI	CP
Dividend yield	1.40%	0.71%
Payout ratio	39.77%	20.75%

Growth (annualized)

Metric	CMI	CP
Revenue CAGR (5Y)	10.18%	20.89%
EPS CAGR (5Y)	11.31%	3.04%
FCF CAGR (5Y)	9.51%	12.22%
Total return CAGR (5Y)	23.25%	7.34%

Frequently asked

Which has the lower trailing P/E, CMI or CP?: CP has the lower trailing P/E: CMI trades at 30.04 and CP at 28.86. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, CMI or CP?: Over the past five years, CP grew revenue faster — CMI at a 10.18% CAGR versus CP at 20.89%.
Does CMI or CP pay a bigger dividend?: CMI yields 1.40% and CP yields 0.71% based on trailing dividends and the latest price.
Is CMI or CP more profitable?: CP runs the higher net margin — CMI at 7.82% versus CP at 18.86%.
How have CMI and CP total returns compared?: Over the past 10 years, CMI delivered 19.63% and CP delivered 13.23% annualized total return. Past performance doesn't predict future results.

Go deeper

Full CMI analysis Full CP analysis Interactive comparison tool

Dig into the metrics

Cummins P/E ratio Canadian Pacific Kansas City P/E ratio Cummins dividend yield Canadian Pacific Kansas City dividend yield Cummins ROE Canadian Pacific Kansas City ROE Cummins operating margin Canadian Pacific Kansas City operating margin Cummins revenue growth Canadian Pacific Kansas City revenue growth Cummins free cash flow Canadian Pacific Kansas City free cash flow

Cummins & Canadian Pacific Kansas City appear in these rankings

Fastest Revenue Growth Stocks Highest Operating Margin Stocks Highest FCF Yield Stocks Highest 10-Year Total Return Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 23, 2026.