Is CMI or CP cheaper?

On trailing earnings, CP is cheaper: CMI trades at a 34.76 P/E and CP at 25.41.

Which has grown faster, CMI or CP?

Over the past five years, CP grew revenue faster — CMI at a 10.78% CAGR versus CP at 15.26%.

Does CMI or CP pay a bigger dividend?

CMI yields 1.20% and CP yields 0.85% based on trailing dividends and the latest price.

Is CMI or CP more profitable?

CP runs the higher net margin — CMI at 7.89% versus CP at 26.86%.

Which has been the better investment, CMI or CP?

Over the past 10-year, CMI delivered the higher annualized total return — CMI at 22.42% versus CP at 13.87%. Past performance doesn't predict future results.

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

CP leads on 10 of 17 compared metrics.

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 July 9, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Canadian Pacific Kansas City Ltd.

$80.19B

$90.33Industrials

Total return — CMI vs CP

growth of $100 · last 30y

CMI +6372.1%CP +3963.6%CMI compounded faster

CMI CP

CMI vs CP: by the numbers

•CMI is the larger company ($92.92B vs $80.19B market cap).
•CP trades at the lower earnings multiple (25.41 vs 34.76 P/E).
•CP converts more revenue to profit (26.86% vs 7.89% net margin).
•CP grew revenue faster over the past five years (15.26% vs 10.78% CAGR).
•CMI pays the higher dividend yield (1.20% vs 0.85%).

Which is better, CMI or CP?

Metric tally: CMI 7 · CP 10

It depends on what you're optimizing for:

ValueCP(lower P/E)

GrowthCP(faster 5Y revenue CAGR)

IncomeCMI(higher dividend yield)

QualityCMI(higher ROIC)

Metrics side by side

Valuation

Metric	CMI	CP
P/E ratio	34.76	25.41●
Forward P/E	23.03	17.38●
P/S ratio	2.74●	6.73
P/B ratio	7.52	2.40●
PEG ratio	3.07	1.65●
EV / EBITDA	20.04	16.25●
FCF yield	2.88%●	1.85%

Profitability

Metric	CMI	CP
Gross margin	25.39%	46.67%●
Operating margin	11.24%	36.78%●
Net margin	7.89%	26.86%●
ROE	21.64%●	9.56%
ROIC	11.41%●	5.09%

Dividends

Metric	CMI	CP
Dividend yield	1.20%●	0.85%
Payout ratio	38.80%	22.96%

Growth (annualized)

Metric	CMI	CP
Revenue CAGR (5Y)	10.78%	15.26%●
EPS CAGR (5Y)	11.31%●	3.04%
FCF CAGR (5Y)	4.25%	8.84%●
Total return CAGR (5Y)	25.94%●	4.99%

Frequently asked

Which is better, CMI or CP?: It depends on your goal. value: CP (lower P/E); growth: CP (faster 5Y revenue CAGR); income: CMI (higher dividend yield); quality: CMI (higher ROIC). Across all compared metrics, CP leads 10 to 7.
Is CMI or CP cheaper?: On trailing earnings, CP is cheaper: CMI trades at a 34.76 P/E and CP at 25.41.
Which has grown faster, CMI or CP?: Over the past five years, CP grew revenue faster — CMI at a 10.78% CAGR versus CP at 15.26%.
Does CMI or CP pay a bigger dividend?: CMI yields 1.20% and CP yields 0.85% based on trailing dividends and the latest price.
Is CMI or CP more profitable?: CP runs the higher net margin — CMI at 7.89% versus CP at 26.86%.
Which has been the better investment, CMI or CP?: Over the past 10-year, CMI delivered the higher annualized total return — CMI at 22.42% versus CP at 13.87%. 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 Best 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 July 9, 2026.