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

GD has the lower trailing P/E: CMI trades at 32.88 and GD at 23.29. P/E is one valuation measure and does not by itself establish which business is cheaper.

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 7.32%.

Does CMI or GD pay a bigger dividend?

CMI yields 1.26% and GD yields 1.59% 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 8.18%.

How have CMI and GD total returns compared?

Over the past 10 years, CMI delivered 20.91% and GD delivered 12.43% annualized total return. Past performance doesn't predict future results.

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

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

CMI

Cummins Inc.

$88.02B

$637.90IndustrialsDelayed quote: Jul 31, 2026, 12:39 PM EDT

General Dynamics Corporation

$103.68B

$383.21IndustrialsDelayed quote: Jul 31, 2026, 12:40 PM EDT

Total return — CMI vs GD

growth of $100 · dividends reinvested · last 30y

CMI +13206.3%GD +4416.3%CMI compounded faster

CMI GD

CMI vs GD: by the numbers

•GD is the larger company ($103.68B vs $88.02B market cap).
•GD trades at the lower trailing earnings multiple (23.29 vs 32.88 P/E), one valuation lens rather than an overall verdict.
•GD converts more revenue to profit (8.18% vs 7.89% net margin).
•CMI grew revenue faster over the past five years (10.78% vs 7.32% CAGR).
•GD pays the higher dividend yield (1.59% vs 1.26%).

Metrics side by side

Valuation

Metric	CMI	GD
P/E ratio	32.88	23.29
Forward P/E	21.62	22.74
P/S ratio	2.59	1.91
P/B ratio	7.11	3.90
PEG ratio	2.91	1.62
EV / EBITDA	19.02	16.95
FCF yield	3.04%	6.16%

Profitability

Metric	CMI	GD
Gross margin	25.39%	15.38%
Operating margin	11.24%	10.32%
Net margin	7.89%	8.18%
ROE	21.64%	16.73%
ROIC	11.41%	10.58%

Dividends

Metric	CMI	GD
Dividend yield	1.26%	1.59%
Payout ratio	38.80%	38.94%

Growth (annualized)

Metric	CMI	GD
Revenue CAGR (5Y)	10.78%	7.32%
EPS CAGR (5Y)	11.31%	7.22%
FCF CAGR (5Y)	4.25%	10.39%
Total return CAGR (5Y)	25.12%	16.71%

Frequently asked

Which has the lower trailing P/E, CMI or GD?: GD has the lower trailing P/E: CMI trades at 32.88 and GD at 23.29. P/E is one valuation measure and does not by itself establish which business is cheaper.
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 7.32%.
Does CMI or GD pay a bigger dividend?: CMI yields 1.26% and GD yields 1.59% 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 8.18%.
How have CMI and GD total returns compared?: Over the past 10 years, CMI delivered 20.91% and GD delivered 12.43% annualized total return. 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

25+ Year Dividend Growers 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 July 30, 2026.