Is CMI or DE cheaper?

On trailing earnings, DE is cheaper: CMI trades at a 34.26 P/E and DE at 32.72.

Which has grown faster, CMI or DE?

Over the past five years, CMI grew revenue faster — CMI at a 10.78% CAGR versus DE at 3.78%.

Does CMI or DE pay a bigger dividend?

CMI yields 1.21% and DE yields 1.12% based on trailing dividends and the latest price.

Is CMI or DE more profitable?

DE runs the higher net margin — CMI at 7.89% versus DE at 10.21%.

Which has been the better investment, CMI or DE?

Over the past 10-year, DE delivered the higher annualized total return — CMI at 22.09% versus DE at 22.98%. Past performance doesn't predict future results.

Cummins Inc. (CMI) vs Deere & Company (DE)

CMI leads on 9 of 17 compared metrics, though DE is the cheaper stock.

A side-by-side comparison of Cummins Inc. and Deere & Company across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 14, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — CMI vs DE

growth of $100 · last 30y

CMI +6217.8%DE +2717.0%CMI compounded faster

CMI DE

CMI vs DE: by the numbers

•DE is the larger company ($155.88B vs $91.01B market cap).
•DE trades at the lower earnings multiple (32.72 vs 34.26 P/E).
•DE converts more revenue to profit (10.21% vs 7.89% net margin).
•CMI grew revenue faster over the past five years (10.78% vs 3.78% CAGR).
•CMI pays the higher dividend yield (1.21% vs 1.12%).

Which is better, CMI or DE?

Metric tally: CMI 9 · DE 8

It depends on what you're optimizing for:

ValueDE(lower P/E)

GrowthCMI(faster 5Y revenue CAGR)

IncomeCMI(higher dividend yield)

QualityCMI(higher ROIC)

Valuation

Metric	CMI	DE
P/E ratio	34.26	32.72●
Forward P/E	22.71●	31.95
P/S ratio	2.70●	3.34
P/B ratio	7.41	5.71●
PEG ratio	3.03	2.02●
EV / EBITDA	20.20	19.57●
FCF yield	2.92%●	2.41%

Profitability

Metric	CMI	DE
Gross margin	25.39%	35.40%●
Operating margin	11.24%	18.38%●
Net margin	7.89%	10.21%●
ROE	21.64%●	17.45%
ROIC	11.41%●	7.13%

Dividends

Metric	CMI	DE
Dividend yield	1.21%●	1.12%
Payout ratio	38.80%	34.91%

Growth (annualized)

Metric	CMI	DE
Revenue CAGR (5Y)	10.78%●	3.78%
EPS CAGR (5Y)	11.31%	16.17%●
FCF CAGR (5Y)	4.25%●	-9.34%
Total return CAGR (5Y)	24.28%●	12.54%

Frequently asked

Which is better, CMI or DE?: It depends on your goal. value: DE (lower P/E); growth: CMI (faster 5Y revenue CAGR); income: CMI (higher dividend yield); quality: CMI (higher ROIC). Across all compared metrics, CMI leads 9 to 8.
Is CMI or DE cheaper?: On trailing earnings, DE is cheaper: CMI trades at a 34.26 P/E and DE at 32.72.
Which has grown faster, CMI or DE?: Over the past five years, CMI grew revenue faster — CMI at a 10.78% CAGR versus DE at 3.78%.
Does CMI or DE pay a bigger dividend?: CMI yields 1.21% and DE yields 1.12% based on trailing dividends and the latest price.
Is CMI or DE more profitable?: DE runs the higher net margin — CMI at 7.89% versus DE at 10.21%.
Which has been the better investment, CMI or DE?: Over the past 10-year, DE delivered the higher annualized total return — CMI at 22.09% versus DE at 22.98%. Past performance doesn't predict future results.

Go deeper

Full CMI analysis Full DE analysis Interactive comparison tool

Dig into the metrics

Cummins P/E ratio Deere & P/E ratio Cummins dividend yield Deere & dividend yield Cummins ROE Deere & ROE Cummins operating margin Deere & operating margin Cummins revenue growth Deere & revenue growth Cummins free cash flow Deere & free cash flow

Cummins & Deere & appear in these rankings

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 June 14, 2026.