Cummins Inc. (CMI) vs Union Pacific Corporation (UNP)
UNP leads on 11 of 17 compared metrics.
A side-by-side comparison of Cummins Inc. and Union Pacific Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 14, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
Total return — CMI vs UNP
growth of $100 · last 30yCMI +6217.8%UNP +2250.9%CMI compounded faster
CMI UNP
CMI vs UNP: by the numbers
- •UNP is the larger company ($161.91B vs $91.01B market cap).
- •UNP trades at the lower earnings multiple (22.46 vs 34.26 P/E).
- •UNP converts more revenue to profit (29.20% vs 7.89% net margin).
- •CMI grew revenue faster over the past five years (10.78% vs 5.05% CAGR).
- •UNP pays the higher dividend yield (2.02% vs 1.21%).
Which is better, CMI or UNP?
Metric tally: CMI 6 · UNP 11It depends on what you're optimizing for:
ValueUNP(lower P/E)
GrowthCMI(faster 5Y revenue CAGR)
IncomeUNP(higher dividend yield)
QualityUNP(higher ROIC)
Valuation
| Metric | CMI | UNP |
|---|---|---|
| P/E ratio | 34.26 | 22.46● |
| Forward P/E | 22.71 | 19.87● |
| P/S ratio | 2.70● | 6.55 |
| P/B ratio | 7.41● | 8.34 |
| PEG ratio | 3.03 | 2.34● |
| EV / EBITDA | 20.20 | 14.73● |
| FCF yield | 2.92% | 3.52%● |
Profitability
| Metric | CMI | UNP |
|---|---|---|
| Gross margin | 25.39% | 45.67%● |
| Operating margin | 11.24% | 40.09%● |
| Net margin | 7.89% | 29.20%● |
| ROE | 21.64% | 37.15%● |
| ROIC | 11.41% | 11.70%● |
Dividends
| Metric | CMI | UNP |
|---|---|---|
| Dividend yield | 1.21% | 2.02%● |
| Payout ratio | 38.80% | 45.96% |
Growth (annualized)
| Metric | CMI | UNP |
|---|---|---|
| Revenue CAGR (5Y) | 10.78%● | 5.05% |
| EPS CAGR (5Y) | 11.31%● | 8.74% |
| FCF CAGR (5Y) | 4.25%● | 0.04% |
| Total return CAGR (5Y) | 24.28%● | 6.62% |
Frequently asked
- Which is better, CMI or UNP?
- It depends on your goal. value: UNP (lower P/E); growth: CMI (faster 5Y revenue CAGR); income: UNP (higher dividend yield); quality: UNP (higher ROIC). Across all compared metrics, UNP leads 11 to 6.
- Is CMI or UNP cheaper?
- On trailing earnings, UNP is cheaper: CMI trades at a 34.26 P/E and UNP at 22.46.
- Which has grown faster, CMI or UNP?
- Over the past five years, CMI grew revenue faster — CMI at a 10.78% CAGR versus UNP at 5.05%.
- Does CMI or UNP pay a bigger dividend?
- CMI yields 1.21% and UNP yields 2.02% based on trailing dividends and the latest price.
- Is CMI or UNP more profitable?
- UNP runs the higher net margin — CMI at 7.89% versus UNP at 29.20%.
- Which has been the better investment, CMI or UNP?
- Over the past 10-year, CMI delivered the higher annualized total return — CMI at 22.09% versus UNP at 14.35%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Cummins P/E ratioUnion Pacific P/E ratioCummins dividend yieldUnion Pacific dividend yieldCummins ROEUnion Pacific ROECummins operating marginUnion Pacific operating marginCummins revenue growthUnion Pacific revenue growthCummins free cash flowUnion Pacific free cash flow
Cummins & Union Pacific appear in these rankings
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 14, 2026.