Caterpillar vs Cummins
CAT and CMI side by side. Figures are trailing twelve months unless noted, from SEC filings and end-of-day prices.
How CAT and CMI compare
Caterpillar is the larger company, worth 4.4 times as much as Cummins ($276B against $62.2B).
On earnings, Cummins is cheaper: it trades at 18.9× trailing earnings, against 23.5× for Caterpillar.
Caterpillar grew revenue faster over the last twelve months (20.3% versus 6.7% for Cummins).
Both pay dividends: Caterpillar yields 0.77% and Cummins 1.8%.
Cummins scores higher on the StockData Score (13 against 12 for Caterpillar), 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 | CAT | CMI |
|---|---|---|
| Size and price | ||
| Market cap | $276B | $62.2B |
| Share price | $600.20 | $452.18 |
| Change, 1 year | 4.7% | −5.7% |
| Change, 5 years | 199% | 102% |
| Beta (5Y) | 1.06 | 1.00 |
| Employees | 118K | 67K |
| StockData Score | ||
| Total score | 12 | 13 (better) |
| Valuation score | 1 | 2 (better) |
| Growth score | 2 | 3 (better) |
| Performance score | 0 | 1 (better) |
| Health score | 6 (better) | 4 |
| Dividend score | 3 | 3 |
| Valuation | ||
| P/E | 23.5× | 18.9× (better) |
| P/S | 3.5× | 1.7× (better) |
| P/B | – | 4.7× |
| EV/EBITDA | 16.1× | 11.8× (better) |
| P/FCF | 24.5× | 18.0× (better) |
| PEG | 1.66 (better) | 1.77 |
| FCF yield | 4.1% | 5.6% (better) |
| Fair value | $471.40 | $517.62 |
| Margin of safety | −27.3% | 12.6% (better) |
| Growth | ||
| Revenue growth (TTM) | 20.3% (better) | 6.7% |
| Revenue growth, 5Y average | 10.1% | 11.2% (better) |
| EPS growth (TTM) | 30.9% (better) | 24.3% |
| EPS growth, 5Y average | 28.1% (better) | 11.3% |
| Profitability | ||
| Gross margin | 34.8% (better) | 25.9% |
| Operating margin | 18.3% (better) | 12.5% |
| FCF margin | 14.5% (better) | 9.7% |
| Return on invested capital | – | 21.4% |
| Financial health | ||
| Debt / equity | – | 0.54 |
| Net debt / EBITDA | – | 0.53 |
| Interest coverage | – | 14.1× |
| Current ratio | 1.42 | 1.74 (better) |
| Altman Z-score | 4.26 | 4.27 (better) |
| Dividends and buybacks | ||
| Dividend yield | 0.77% | 1.8% (better) |
| Years of dividend growth | 16 (better) | 8 |
| Dividend growth, 5Y average | 7.6% | 7.7% (better) |
| Buyback yield | 2.9% | – |
| Shareholder yield | 3.7% (better) | 1.8% |
| Ownership | ||
| Held by institutions | 72.0% | 86.0% |
| Held by insiders | 0.22% | 0.30% |
| Insider net buying, 12 months | −$224M | −$28.6M (better) |
| Superinvestors holding | 4 (better) | 1 |
| Short interest, % of float | 1.8% | 3.2% |
Go deeper
- CAT stock overview
- CAT income statement
- CAT valuation and score
- CMI stock overview
- CMI income statement
- CMI valuation and score
Other comparisons
For information only, not investment advice. Check the source filings before relying on any figure.