Cummins Inc. (CMI) vs Emerson Electric Co. (EMR)
EMR leads on 10 of 17 compared metrics.
A side-by-side comparison of Cummins Inc. and Emerson Electric Co. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 15, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
Total return — CMI vs EMR
growth of $100 · last 30yCMI +6297.5%EMR +556.9%CMI compounded faster
Log scale — wide-divergence pair
CMI EMR
CMI vs EMR: by the numbers
- •CMI is the larger company ($91.01B vs $80.13B market cap).
- •EMR trades at the lower earnings multiple (33.04 vs 34.26 P/E).
- •EMR converts more revenue to profit (13.35% vs 7.89% net margin).
- •CMI grew revenue faster over the past five years (10.78% vs 1.43% CAGR).
- •EMR pays the higher dividend yield (1.53% vs 1.21%).
Which is better, CMI or EMR?
Metric tally: CMI 7 · EMR 10It depends on what you're optimizing for:
ValueEMR(lower P/E)
GrowthCMI(faster 5Y revenue CAGR)
IncomeEMR(higher dividend yield)
QualityCMI(higher ROIC)
Metrics side by side
Valuation
| Metric | CMI | EMR |
|---|---|---|
| P/E ratio | 34.26 | 33.04● |
| Forward P/E | 22.71 | 19.92● |
| P/S ratio | 2.70● | 4.40 |
| P/B ratio | 7.41 | 3.97● |
| PEG ratio | 3.03 | 1.77● |
| EV / EBITDA | 20.20 | 18.06● |
| FCF yield | 2.92% | 3.87%● |
Profitability
| Metric | CMI | EMR |
|---|---|---|
| Gross margin | 25.39% | 52.66%● |
| Operating margin | 11.24% | 19.96%● |
| Net margin | 7.89% | 13.35%● |
| ROE | 21.64%● | 12.04% |
| ROIC | 11.41%● | 7.26% |
Dividends
| Metric | CMI | EMR |
|---|---|---|
| Dividend yield | 1.21% | 1.53%● |
| Payout ratio | 38.80% | 53.87% |
Growth (annualized)
| Metric | CMI | EMR |
|---|---|---|
| Revenue CAGR (5Y) | 10.78%● | 1.43% |
| EPS CAGR (5Y) | 11.31%● | 4.54% |
| FCF CAGR (5Y) | 4.25%● | -0.23% |
| Total return CAGR (5Y) | 24.28%● | 10.27% |
Frequently asked
- Which is better, CMI or EMR?
- It depends on your goal. value: EMR (lower P/E); growth: CMI (faster 5Y revenue CAGR); income: EMR (higher dividend yield); quality: CMI (higher ROIC). Across all compared metrics, EMR leads 10 to 7.
- Is CMI or EMR cheaper?
- On trailing earnings, EMR is cheaper: CMI trades at a 34.26 P/E and EMR at 33.04.
- Which has grown faster, CMI or EMR?
- Over the past five years, CMI grew revenue faster — CMI at a 10.78% CAGR versus EMR at 1.43%.
- Does CMI or EMR pay a bigger dividend?
- CMI yields 1.21% and EMR yields 1.53% based on trailing dividends and the latest price.
- Is CMI or EMR more profitable?
- EMR runs the higher net margin — CMI at 7.89% versus EMR at 13.35%.
- Which has been the better investment, CMI or EMR?
- Over the past 10-year, CMI delivered the higher annualized total return — CMI at 22.09% versus EMR at 13.28%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Cummins P/E ratioEmerson Electric P/E ratioCummins dividend yieldEmerson Electric dividend yieldCummins ROEEmerson Electric ROECummins operating marginEmerson Electric operating marginCummins revenue growthEmerson Electric revenue growthCummins free cash flowEmerson Electric free cash flow
Cummins & Emerson Electric appear in these rankings
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 15, 2026.