Is CMI or GD cheaper?

On trailing earnings, GD is cheaper: CMI trades at a 35.31 P/E and GD at 22.61.

Which has grown faster, CMI or GD?

Over the past five years, CMI grew revenue faster — CMI at a 10.78% CAGR versus GD at 6.89%.

Does CMI or GD pay a bigger dividend?

CMI yields 1.18% and GD yields 1.69% based on trailing dividends and the latest price.

Is CMI or GD more profitable?

GD runs the higher net margin — CMI at 7.89% versus GD at 8.07%.

Which has been the better investment, CMI or GD?

Over the past 10-year, CMI delivered the higher annualized total return — CMI at 22.74% versus GD at 12.29%. Past performance doesn't predict future results.

Cummins Inc. (CMI) vs General Dynamics Corporation (GD)

GD leads on 10 of 17 compared metrics.

A side-by-side comparison of Cummins Inc. and General Dynamics Corporation 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).

General Dynamics Corporation

$97.23B

$359.53Industrials

Total return — CMI vs GD

growth of $100 · last 30y

CMI +6492.7%GD +2219.5%CMI compounded faster

CMI GD

CMI vs GD: by the numbers

•GD is the larger company ($97.23B vs $93.79B market cap).
•GD trades at the lower earnings multiple (22.61 vs 35.31 P/E).
•GD converts more revenue to profit (8.07% vs 7.89% net margin).
•CMI grew revenue faster over the past five years (10.78% vs 6.89% CAGR).
•GD pays the higher dividend yield (1.69% vs 1.18%).

Which is better, CMI or GD?

Metric tally: CMI 7 · GD 10

It depends on what you're optimizing for:

ValueGD(lower P/E)

GrowthCMI(faster 5Y revenue CAGR)

IncomeGD(higher dividend yield)

QualityCMI(higher ROIC)

Metrics side by side

Valuation

Metric	CMI	GD
P/E ratio	35.31	22.61●
Forward P/E	23.40	19.73●
P/S ratio	2.78	1.83●
P/B ratio	7.64	3.78●
PEG ratio	3.12	1.63●
EV / EBITDA	20.78	16.32●
FCF yield	2.83%	6.29%●

Profitability

Metric	CMI	GD
Gross margin	25.39%●	15.24%
Operating margin	11.24%●	10.24%
Net margin	7.89%	8.07%●
ROE	21.64%●	16.65%
ROIC	11.41%●	10.58%

Dividends

Metric	CMI	GD
Dividend yield	1.18%	1.69%●
Payout ratio	38.80%	38.94%

Growth (annualized)

Metric	CMI	GD
Revenue CAGR (5Y)	10.78%●	6.89%
EPS CAGR (5Y)	11.31%●	7.22%
FCF CAGR (5Y)	4.25%	11.42%●
Total return CAGR (5Y)	25.03%●	15.76%

Frequently asked

Which is better, CMI or GD?: It depends on your goal. value: GD (lower P/E); growth: CMI (faster 5Y revenue CAGR); income: GD (higher dividend yield); quality: CMI (higher ROIC). Across all compared metrics, GD leads 10 to 7.
Is CMI or GD cheaper?: On trailing earnings, GD is cheaper: CMI trades at a 35.31 P/E and GD at 22.61.
Which has grown faster, CMI or GD?: Over the past five years, CMI grew revenue faster — CMI at a 10.78% CAGR versus GD at 6.89%.
Does CMI or GD pay a bigger dividend?: CMI yields 1.18% and GD yields 1.69% based on trailing dividends and the latest price.
Is CMI or GD more profitable?: GD runs the higher net margin — CMI at 7.89% versus GD at 8.07%.
Which has been the better investment, CMI or GD?: Over the past 10-year, CMI delivered the higher annualized total return — CMI at 22.74% versus GD at 12.29%. Past performance doesn't predict future results.

Go deeper

Full CMI analysis Full GD analysis Interactive comparison tool

Dig into the metrics

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

Cummins & General Dynamics appear in these rankings

Dividend Aristocrats Highest FCF Yield Stocks Best 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 June 15, 2026.