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).

Compare

Total return — CMI vs EMR

growth of $100 · last 30y
CMI +6297.5%EMR +556.9%CMI compounded faster
Log scale — wide-divergence pair
101001k10kStart $100200120062011201620212026$6,397$657
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 10

It 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

MetricCMIEMR
P/E ratio34.2633.04
Forward P/E22.7119.92
P/S ratio2.704.40
P/B ratio7.413.97
PEG ratio3.031.77
EV / EBITDA20.2018.06
FCF yield2.92%3.87%

Profitability

MetricCMIEMR
Gross margin25.39%52.66%
Operating margin11.24%19.96%
Net margin7.89%13.35%
ROE21.64%12.04%
ROIC11.41%7.26%

Dividends

MetricCMIEMR
Dividend yield1.21%1.53%
Payout ratio38.80%53.87%

Growth (annualized)

MetricCMIEMR
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.

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.