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

FDX has the lower trailing P/E: CMI trades at 31.10 and FDX at 17.91. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, CMI or FDX?

Over the past five years, CMI grew revenue faster — CMI at a 10.18% CAGR versus FDX at 2.47%.

Does CMI or FDX pay a bigger dividend?

CMI yields 1.31% and FDX yields 1.44% based on trailing dividends and the latest price.

Is CMI or FDX more profitable?

CMI runs the higher net margin — CMI at 7.82% versus FDX at 4.68%.

How have CMI and FDX total returns compared?

Over the past 10 years, CMI delivered 20.01% and FDX delivered 10.98% annualized total return. Past performance doesn't predict future results.

Cummins Inc. (CMI) vs FedEx Corporation (FDX)

A side-by-side comparison of Cummins Inc. and FedEx Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 20, 2026. Differences are shown without an overall score or investment verdict.

CMI

Cummins Inc.

$83.95B

$608.37IndustrialsAt close: Aug 19, 2026, 4:00 PM ET

FDX

FedEx Corporation

$77.69B

$328.38IndustrialsAt close: Aug 19, 2026, 4:00 PM ET

Total return — CMI vs FDX

growth of $100 · dividends reinvested · last 10y

CMI +527.7% (+20.2%/yr)FDX +189.6% (+11.2%/yr)CMI compounded faster over this window

CMI FDX

CMI vs FDX: by the numbers

•CMI is the larger company ($83.95B vs $77.69B market cap).
•FDX trades at the lower trailing earnings multiple (17.91 vs 31.10 P/E), one valuation lens rather than an overall verdict.
•CMI converts more revenue to profit (7.82% vs 4.68% net margin).
•CMI grew revenue faster over the past five years (10.18% vs 2.47% CAGR).
•FDX pays the higher dividend yield (1.44% vs 1.31%).

Metrics side by side

Valuation

Metric	CMI	FDX
P/E ratio	31.10	17.91
Forward P/E	20.62	16.53
P/S ratio	2.43	0.84
P/B ratio	6.56	2.50
EV / EBITDA	17.99	10.12
FCF yield	3.99%	6.46%

Profitability

Metric	CMI	FDX
Gross margin	25.32%	22.90%
Operating margin	11.13%	6.74%
Net margin	7.82%	4.68%
ROE	21.13%	14.01%
ROIC	10.95%	5.92%

Dividends

Metric	CMI	FDX
Dividend yield	1.31%	1.44%
Payout ratio	38.80%	25.46%

Growth (annualized)

Metric	CMI	FDX
Revenue CAGR (5Y)	10.18%	2.47%
EPS CAGR (5Y)	11.31%	-1.27%
FCF CAGR (5Y)	9.51%	3.77%
Total return CAGR (5Y)	24.04%	10.96%

Frequently asked

Which has the lower trailing P/E, CMI or FDX?: FDX has the lower trailing P/E: CMI trades at 31.10 and FDX at 17.91. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, CMI or FDX?: Over the past five years, CMI grew revenue faster — CMI at a 10.18% CAGR versus FDX at 2.47%.
Does CMI or FDX pay a bigger dividend?: CMI yields 1.31% and FDX yields 1.44% based on trailing dividends and the latest price.
Is CMI or FDX more profitable?: CMI runs the higher net margin — CMI at 7.82% versus FDX at 4.68%.
How have CMI and FDX total returns compared?: Over the past 10 years, CMI delivered 20.01% and FDX delivered 10.98% annualized total return. Past performance doesn't predict future results.

Go deeper

Full CMI analysis Full FDX analysis Interactive comparison tool

Dig into the metrics

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

Cummins & FedEx appear in these rankings

Highest FCF Yield Stocks 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 August 20, 2026.