Cummins Inc. (CMI) vs Parker-Hannifin Corporation (PH)

PH leads on 11 of 17 compared metrics.

A side-by-side comparison of Cummins Inc. and Parker-Hannifin Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — CMI vs PH

growth of $100 · last 30y
CMI +6316.1%PH +4888.8%CMI compounded faster
02k4k6kStart $100200120062011201620212026$6,416$4,989
CMI PH

CMI vs PH: by the numbers

  • PH is the larger company ($113.92B vs $91.01B market cap).
  • PH trades at the lower earnings multiple (33.34 vs 34.26 P/E).
  • PH converts more revenue to profit (16.58% vs 7.89% net margin).
  • CMI grew revenue faster over the past five years (10.78% vs 9.15% CAGR).
  • CMI pays the higher dividend yield (1.21% vs 0.82%).

Which is better, CMI or PH?

Metric tally: CMI 6 · PH 11

It depends on what you're optimizing for:

ValuePH(lower P/E)
GrowthCMI(faster 5Y revenue CAGR)
IncomeCMI(higher dividend yield)
QualityPH(higher ROIC)

Valuation

MetricCMIPH
P/E ratio34.2633.34
Forward P/E22.7226.53
P/S ratio2.705.51
P/B ratio7.417.92
PEG ratio3.031.04
EV / EBITDA20.2023.13
FCF yield2.92%3.18%

Profitability

MetricCMIPH
Gross margin25.39%37.23%
Operating margin11.24%20.87%
Net margin7.89%16.58%
ROE21.64%23.82%
ROIC11.41%13.69%

Dividends

MetricCMIPH
Dividend yield1.21%0.82%
Payout ratio38.80%26.89%

Growth (annualized)

MetricCMIPH
Revenue CAGR (5Y)10.78%9.15%
EPS CAGR (5Y)11.31%24.00%
FCF CAGR (5Y)4.25%8.25%
Total return CAGR (5Y)24.28%26.11%

Frequently asked

Which is better, CMI or PH?
It depends on your goal. value: PH (lower P/E); growth: CMI (faster 5Y revenue CAGR); income: CMI (higher dividend yield); quality: PH (higher ROIC). Across all compared metrics, PH leads 11 to 6.
Is CMI or PH cheaper?
On trailing earnings, PH is cheaper: CMI trades at a 34.26 P/E and PH at 33.34.
Which has grown faster, CMI or PH?
Over the past five years, CMI grew revenue faster — CMI at a 10.78% CAGR versus PH at 9.15%.
Does CMI or PH pay a bigger dividend?
CMI yields 1.21% and PH yields 0.82% based on trailing dividends and the latest price.
Is CMI or PH more profitable?
PH runs the higher net margin — CMI at 7.89% versus PH at 16.58%.
Which has been the better investment, CMI or PH?
Over the past 10-year, PH delivered the higher annualized total return — CMI at 22.09% versus PH at 25.01%. Past performance doesn't predict future results.

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 13, 2026.