Cummins vs Eaton
CMI and ETN side by side, both in industrial and commercial machinery and computer equipment. Figures are trailing twelve months unless noted, from SEC filings and end-of-day prices.
How CMI and ETN compare
Eaton is the larger company, worth 2.1 times as much as Cummins ($144B against $68.8B).
On earnings, Cummins is cheaper: it trades at 25.6× trailing earnings, against 37.7× for Eaton.
Eaton grew revenue faster over the last twelve months (15.5% versus 2.9% for Cummins).
Both pay dividends: Cummins yields 1.6% and Eaton 1.2%.
Eaton scores higher on the StockData Score (14 against 11 for Cummins), which adds up 30 checks on valuation, growth, past performance, financial health and dividends.
Key numbers
A dot marks the better figure where higher or lower is clearly better.
| Metric | CMI | ETN |
|---|---|---|
| Size and price | ||
| Market cap | $68.8B | $144B |
| Share price | $500.09 | $369.97 |
| Change, 1 year | 13.3% | −4.6% |
| Change, 5 years | 111% | 116% |
| Beta (5Y) | 0.98 | 1.08 |
| Employees | 67K | 97K |
| StockData Score | ||
| Total score | 11 | 14 (better) |
| Valuation score | 1 (better) | 0 |
| Growth score | 2 | 3 (better) |
| Performance score | 1 | 4 (better) |
| Health score | 4 (better) | 3 |
| Dividend score | 3 | 4 (better) |
| Valuation | ||
| P/E | 25.6× (better) | 37.7× |
| P/S | 2.0× (better) | 4.8× |
| P/B | 5.4× (better) | 7.1× |
| EV/EBITDA | 14.6× (better) | 25.4× |
| P/FCF | 20.4× (better) | 36.5× |
| PEG | 2.39 | 1.94 (better) |
| FCF yield | 4.9% (better) | 2.7% |
| Fair value | $403.49 | $233.60 |
| Margin of safety | −23.9% (better) | −58.4% |
| Growth | ||
| Revenue growth (TTM) | 2.9% | 15.5% (better) |
| Revenue growth, 5Y average | 11.2% (better) | 9.0% |
| Net income growth (TTM) | – | −2.5% |
| EPS growth (TTM) | −8.0% | −1.2% (better) |
| EPS growth, 5Y average | 11.3% | 24.5% (better) |
| Profitability | ||
| Gross margin | 25.3% | 35.9% (better) |
| Operating margin | 11.2% | – |
| Net margin | – | 12.8% |
| FCF margin | 9.7% | 13.1% (better) |
| Return on equity | – | 19.7% |
| Return on invested capital | 17.5% | – |
| Financial health | ||
| Debt / equity | 0.56 (better) | 1.02 |
| Net debt / EBITDA | 0.66 (better) | 3.09 |
| Interest coverage | 12.1× | – |
| Current ratio | 1.73 (better) | 1.24 |
| Altman Z-score | 4.43 (better) | 3.29 |
| Piotroski F-score | – | 7 |
| Dividends and buybacks | ||
| Dividend yield | 1.6% (better) | 1.2% |
| Payout ratio | – | 43.5% |
| Years of dividend growth | 8 | 15 (better) |
| Dividend growth, 5Y average | 7.7% (better) | 7.3% |
| Buyback yield | – | 0.39% |
| Shareholder yield | 1.6% (better) | 1.6% |
| Ownership | ||
| Held by institutions | 86.0% | 85.3% |
| Held by insiders | 0.30% | 0.19% |
| Insider net buying, 12 months | −$37.7M | −$22.0M (better) |
| Superinvestors holding | 1 | 1 |
| Short interest, % of float | 3.0% | 2.1% |
Go deeper
- CMI stock overview
- CMI income statement
- CMI valuation and score
- ETN stock overview
- ETN income statement
- ETN valuation and score
Other comparisons
For information only, not investment advice. Check the source filings before relying on any figure.