Is CMI or HWM cheaper?

On trailing earnings, CMI is cheaper: CMI trades at a 37.24 P/E and HWM at 64.42.

Which has grown faster, CMI or HWM?

Over the past five years, HWM grew revenue faster — CMI at a 10.78% CAGR versus HWM at 12.27%.

Does CMI or HWM pay a bigger dividend?

CMI yields 1.12% and HWM yields 0.17% based on trailing dividends and the latest price.

Is CMI or HWM more profitable?

HWM runs the higher net margin — CMI at 7.89% versus HWM at 20.22%.

Which has been the better investment, CMI or HWM?

Over the past 10-year, HWM delivered the higher annualized total return — CMI at 23.31% versus HWM at 30.25%. Past performance doesn't predict future results.

Cummins Inc. (CMI) vs Howmet Aerospace Inc. (HWM)

HWM leads on 10 of 17 compared metrics, though CMI is the cheaper stock.

A side-by-side comparison of Cummins Inc. and Howmet Aerospace Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 21, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Howmet Aerospace Inc.

$111.09B

$277.66Industrials

Total return — CMI vs HWM

growth of $100 · last 30y

CMI +6853.1%HWM +1090.9%CMI compounded faster

Log scale — wide-divergence pair

CMI HWM

CMI vs HWM: by the numbers

•HWM is the larger company ($111.09B vs $98.92B market cap).
•CMI trades at the lower earnings multiple (37.24 vs 64.42 P/E).
•HWM converts more revenue to profit (20.22% vs 7.89% net margin).
•HWM grew revenue faster over the past five years (12.27% vs 10.78% CAGR).
•CMI pays the higher dividend yield (1.12% vs 0.17%).

Which is better, CMI or HWM?

Metric tally: CMI 7 · HWM 10

It depends on what you're optimizing for:

ValueCMI(lower P/E)

GrowthHWM(faster 5Y revenue CAGR)

IncomeCMI(higher dividend yield)

QualityHWM(higher ROIC)

Metrics side by side

Valuation

Metric	CMI	HWM
P/E ratio	37.24●	64.42
Forward P/E	24.67●	46.11
P/S ratio	2.94●	12.98
P/B ratio	8.06●	20.26
PEG ratio	3.29	1.73●
EV / EBITDA	20.65●	44.78
FCF yield	2.68%●	1.28%

Profitability

Metric	CMI	HWM
Gross margin	25.39%	32.56%●
Operating margin	11.24%	27.53%●
Net margin	7.89%	20.22%●
ROE	21.64%	31.58%●
ROIC	11.41%	18.19%●

Dividends

Metric	CMI	HWM
Dividend yield	1.12%●	0.17%
Payout ratio	38.80%	12.87%

Growth (annualized)

Metric	CMI	HWM
Revenue CAGR (5Y)	10.78%	12.27%●
EPS CAGR (5Y)	11.31%	50.70%●
FCF CAGR (5Y)	4.25%	103.64%●
Total return CAGR (5Y)	28.17%	53.39%●

Frequently asked

Which is better, CMI or HWM?: It depends on your goal. value: CMI (lower P/E); growth: HWM (faster 5Y revenue CAGR); income: CMI (higher dividend yield); quality: HWM (higher ROIC). Across all compared metrics, HWM leads 10 to 7.
Is CMI or HWM cheaper?: On trailing earnings, CMI is cheaper: CMI trades at a 37.24 P/E and HWM at 64.42.
Which has grown faster, CMI or HWM?: Over the past five years, HWM grew revenue faster — CMI at a 10.78% CAGR versus HWM at 12.27%.
Does CMI or HWM pay a bigger dividend?: CMI yields 1.12% and HWM yields 0.17% based on trailing dividends and the latest price.
Is CMI or HWM more profitable?: HWM runs the higher net margin — CMI at 7.89% versus HWM at 20.22%.
Which has been the better investment, CMI or HWM?: Over the past 10-year, HWM delivered the higher annualized total return — CMI at 23.31% versus HWM at 30.25%. Past performance doesn't predict future results.

Go deeper

Full CMI analysis Full HWM analysis Interactive comparison tool

Dig into the metrics

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

Cummins & Howmet Aerospace appear in these rankings

Highest ROE Stocks Highest ROIC 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 21, 2026.