Cummins Inc. (CMI) vs Quanta Services, Inc. (PWR)

CMI leads on 13 of 17 compared metrics.

A side-by-side comparison of Cummins Inc. and Quanta Services, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 19, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — CMI vs PWR

growth of $100 · last 28y
CMI +5027.8%PWR +9263.3%PWR compounded faster
02k4k6k8k10kStart $10020032008201320182023$5,128$9,363
CMI PWR

CMI vs PWR: by the numbers

  • PWR is the larger company ($105.38B vs $98.92B market cap).
  • CMI trades at the lower earnings multiple (37.24 vs 96.33 P/E).
  • CMI converts more revenue to profit (7.89% vs 3.72% net margin).
  • PWR grew revenue faster over the past five years (21.91% vs 10.78% CAGR).
  • CMI pays the higher dividend yield (1.12% vs 0.06%).

Which is better, CMI or PWR?

Metric tally: CMI 13 · PWR 4

It depends on what you're optimizing for:

ValueCMI(lower P/E)
GrowthPWR(faster 5Y revenue CAGR)
IncomeCMI(higher dividend yield)
QualityCMI(higher ROIC)

Metrics side by side

Valuation

MetricCMIPWR
P/E ratio37.2496.33
Forward P/E24.6842.86
P/S ratio2.943.56
P/B ratio8.0611.81
PEG ratio3.295.40
EV / EBITDA20.6546.89
FCF yield2.68%1.57%

Profitability

MetricCMIPWR
Gross margin25.39%13.59%
Operating margin11.24%5.76%
Net margin7.89%3.72%
ROE21.64%12.33%
ROIC11.41%7.07%

Dividends

MetricCMIPWR
Dividend yield1.12%0.06%
Payout ratio38.80%6.11%

Growth (annualized)

MetricCMIPWR
Revenue CAGR (5Y)10.78%21.91%
EPS CAGR (5Y)11.31%16.88%
FCF CAGR (5Y)4.25%17.91%
Total return CAGR (5Y)28.17%52.49%

Frequently asked

Which is better, CMI or PWR?
It depends on your goal. value: CMI (lower P/E); growth: PWR (faster 5Y revenue CAGR); income: CMI (higher dividend yield); quality: CMI (higher ROIC). Across all compared metrics, CMI leads 13 to 4.
Is CMI or PWR cheaper?
On trailing earnings, CMI is cheaper: CMI trades at a 37.24 P/E and PWR at 96.33.
Which has grown faster, CMI or PWR?
Over the past five years, PWR grew revenue faster — CMI at a 10.78% CAGR versus PWR at 21.91%.
Does CMI or PWR pay a bigger dividend?
CMI yields 1.12% and PWR yields 0.06% based on trailing dividends and the latest price.
Is CMI or PWR more profitable?
CMI runs the higher net margin — CMI at 7.89% versus PWR at 3.72%.
Which has been the better investment, CMI or PWR?
Over the past 10-year, PWR delivered the higher annualized total return — CMI at 23.31% versus PWR at 40.90%. 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 19, 2026.