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 October 4, 2026. Differences are shown without an overall score or investment verdict.
CMI
Cummins Inc.
$528.32IndustrialsDelayed quote: Oct 2, 2026, 4:00 PM EDT
FDX
FedEx Corporation
$290.36IndustrialsDelayed quote: Oct 2, 2026, 4:00 PM EDT
Total return — CMI vs FDX
growth of $100 · dividends reinvested · last 10yCMI +448.2% (+18.5%/yr)FDX +142.9% (+9.3%/yr)CMI compounded faster over this window
CMI FDX
CMI vs FDX: by the numbers
- •CMI is the larger company ($72.90B vs $68.69B market cap).
- •FDX trades at the lower trailing earnings multiple (15.83 vs 27.01 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 (1.64% vs 1.55%).
Metrics side by side
Valuation
| Metric | CMI | FDX |
|---|---|---|
| P/E ratio | 27.01 | 15.83 |
| Forward P/E | 17.87 | 16.37 |
| PEG ratio | 2.39 | N/A |
| P/S ratio | 2.10 | 0.73 |
| P/B ratio | 5.67 | 2.17 |
| EV / EBITDA | 15.69 | 9.15 |
| FCF yield | 4.62% | 7.45% |
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 | 1.55% | 1.64% |
| Payout ratio | 41.92% | 26.04% |
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) | 21.04% | 12.34% |
Frequently asked
- Which has the lower trailing P/E, CMI or FDX?
- FDX has the lower trailing P/E: CMI trades at 27.01 and FDX at 15.83. 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 1.55% and FDX yields 1.64% 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 18.18% and FDX delivered 9.24% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Cummins P/E ratioFedEx P/E ratioCummins dividend yieldFedEx dividend yieldCummins ROEFedEx ROECummins operating marginFedEx operating marginCummins revenue growthFedEx revenue growthCummins free cash flowFedEx free cash flow
Cummins & FedEx 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 October 4, 2026.