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

CMI has the lower trailing P/E: CMI trades at 31.48 and EMR at 33.66. P/E is one valuation measure and does not by itself establish which business is cheaper.

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 1.32% and EMR yields 1.50% 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%.

How have CMI and EMR total returns compared?

Over the past 10 years, CMI delivered 20.39% and EMR delivered 12.84% annualized total return. Past performance doesn't predict future results.

Cummins Inc. (CMI) vs Emerson Electric Co. (EMR)

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 July 30, 2026. Differences are shown without an overall score or investment verdict.

CMI

Cummins Inc.

$87.17B

$631.71IndustrialsDelayed quote: Jul 30, 2026, 12:00 PM EDT

EMR

Emerson Electric Co.

$82.98B

$148.15IndustrialsDelayed quote: Jul 30, 2026, 12:00 PM EDT

Total return — CMI vs EMR

growth of $100 · dividends reinvested · last 30y

CMI +12639.2%EMR +1448.2%CMI compounded faster

Log scale — wide-divergence pair

CMI EMR

CMI vs EMR: by the numbers

•CMI is the larger company ($87.17B vs $82.98B market cap).
•CMI trades at the lower trailing earnings multiple (31.48 vs 33.66 P/E), one valuation lens rather than an overall verdict.
•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 (1.50% vs 1.32%).

Metrics side by side

Valuation

Metric	CMI	EMR
P/E ratio	31.48	33.66
Forward P/E	20.70	22.40
P/S ratio	2.48	4.48
P/B ratio	6.81	4.04
PEG ratio	2.78	1.78
EV / EBITDA	18.25	18.37
FCF yield	3.18%	3.80%

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	1.32%	1.50%
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%	0.94%
Total return CAGR (5Y)	23.92%	10.02%

Frequently asked

Which has the lower trailing P/E, CMI or EMR?: CMI has the lower trailing P/E: CMI trades at 31.48 and EMR at 33.66. P/E is one valuation measure and does not by itself establish which business is cheaper.
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 1.32% and EMR yields 1.50% 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%.
How have CMI and EMR total returns compared?: Over the past 10 years, CMI delivered 20.39% and EMR delivered 12.84% annualized total return. Past performance doesn't predict future results.

Go deeper

Full CMI analysis Full EMR analysis Interactive comparison tool

Dig into the metrics

Cummins P/E ratio Emerson Electric P/E ratio Cummins dividend yield Emerson Electric dividend yield Cummins ROE Emerson Electric ROE Cummins operating margin Emerson Electric operating margin Cummins revenue growth Emerson Electric revenue growth Cummins free cash flow Emerson Electric free cash flow

Cummins & Emerson Electric appear in these rankings

25+ Year Dividend Growers 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 July 30, 2026.