CMI vs. EME: Cummins vs. EMCOR Stock Comparison
How do Cummins (CMI) and EMCOR (EME) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Cummins (CMI) and EMCOR (EME) both fall under the Capital Goods industry group, but CMI is classified in Machinery while EME is classified in Construction & Engineering.
| Profile Item | CMI | EME |
|---|---|---|
| Name | Cummins Inc. | EMCOR Group, Inc. |
| Country/Region | United States | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Machinery | Construction & Engineering |
| GICS Sub-Industry | Construction Machinery & Heavy Transportation Equipment | Construction & Engineering |
| Market Capitalization | 61.69 billion USD | 26.64 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | February 21, 1973 | January 10, 1995 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | CMI | EME |
|---|---|---|
| Total Return (1Y) | -0.52% | 0.07% |
| Total Return (3Y, Annualized) | 31.79% | 46.16% |
| Total Return (5Y, Annualized) | 17.12% | 38.01% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | CMI | EME |
|---|---|---|
| Volatility (1Y, Annualized) | 36.83% | 43.79% |
| Beta (5Y) | 1.26 | 1.17 |
| Max Drawdown (5Y) | -38.12% | -36.85% |
| Avg. Volume (3M) | 1.14M | 402.73K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | CMI | EME |
|---|---|---|
| Sharpe Ratio (1Y) | -0.13 | -0.10 |
| Sortino Ratio (1Y) | -0.18 | -0.14 |
Profitability
ROE (TTM)
Both Cummins (CMI) at 25.05% and EMCOR (EME) at 40.55% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.
CMI
Capital Goods industry group
25.05%
- Max
- 40.55%
- CMI
- 25.05%
- Q3
- 19.29%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
EME
Capital Goods industry group
40.55%
- EME
- 40.55%
- Max
- 40.55%
- Q3
- 19.29%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
Net Margin (TTM)
Both Cummins (CMI) at 9.26% and EMCOR (EME) at 7.78% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
CMI
Capital Goods industry group
9.26%
- Max
- 27.47%
- Q3
- 12.10%
- CMI
- 9.26%
- Median
- 6.30%
- Q1
- 1.40%
- Min
- -12.89%
EME
Capital Goods industry group
7.78%
- Max
- 27.47%
- Q3
- 12.10%
- EME
- 7.78%
- Median
- 6.30%
- Q1
- 1.40%
- Min
- -12.89%
Operating Margin (TTM)
Both Cummins (CMI) at 13.95% and EMCOR (EME) at 10.46% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
CMI
Capital Goods industry group
13.95%
- Max
- 36.60%
- Q3
- 18.33%
- CMI
- 13.95%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
EME
Capital Goods industry group
10.46%
- Max
- 36.60%
- Q3
- 18.33%
- Median
- 11.12%
- EME
- 10.46%
- Q1
- 5.14%
- Min
- -12.63%
Profitability Metrics
| Metric | CMI | EME |
|---|---|---|
| ROE (TTM) | 25.05% | 40.55% |
| ROA (TTM) | 7.60% | 12.33% |
| Net Margin (TTM) | 9.26% | 7.78% |
| Operating Margin (TTM) | 13.95% | 10.46% |
| Gross Margin (TTM) | 26.32% | 19.59% |
Growth
Revenue Growth
EMCOR (EME) at 16.62% is around its peer norm for revenue growth, while Cummins (CMI) at -1.27% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
EMCOR (EME) at 30.99% sits in the top EPS growth quartile, while Cummins (CMI) at -27.74% is in the bottom quartile, showing a clear gap in earnings momentum.
Growth Metrics
| Metric | CMI | EME |
|---|---|---|
| Revenue Growth (YoY) | -1.27% | 16.62% |
| Revenue Growth (3Y CAGR) | 6.25% | 15.32% |
| EPS Growth (YoY) | -27.74% | 30.99% |
| EPS Growth (3Y CAGR) | 10.68% | 51.54% |
Financial Strength
Current Ratio (MRQ)
Cummins (CMI) at 1.74 keeps current ratio within its industry’s typical mid-range, while EMCOR (EME) at 1.17 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for EME.
CMI
Capital Goods industry group
1.74
- Max
- 5.22
- Q3
- 2.95
- Median
- 2.08
- CMI
- 1.74
- Q1
- 1.43
- Min
- 0.36
EME
Capital Goods industry group
1.17
- Max
- 5.22
- Q3
- 2.95
- Median
- 2.08
- Q1
- 1.43
- EME
- 1.17
- Min
- 0.36
Debt / Equity (MRQ)
EMCOR (EME) at 0.13 keeps leverage in the lower industry quartile, while Cummins (CMI) at 0.52 runs a more typical debt-to-equity mix.
CMI
Capital Goods industry group
0.52
- Max
- 2.33
- Q3
- 1.12
- Median
- 0.60
- CMI
- 0.52
- Q1
- 0.29
- Min
- 0.00
EME
Capital Goods industry group
0.13
- Max
- 2.33
- Q3
- 1.12
- Median
- 0.60
- Q1
- 0.29
- EME
- 0.13
- Min
- 0.00
Financial Strength Metrics
| Metric | CMI | EME |
|---|---|---|
| Current Ratio (MRQ) | 1.74 | 1.17 |
| Debt / Equity (MRQ) | 0.52 | 0.13 |
| Net Debt / EBITDA | 0.62 | -0.10 |
Dividends
Dividend Yield (TTM)
Cummins (CMI) at 1.83% delivers top-quartile income for its industry, while EMCOR (EME) at 0.07% pays a more typical yield — both are credible income propositions, CMI the richer one.
CMI
Capital Goods industry group
1.83%
- Max
- 2.66%
- CMI
- 1.83%
- Q3
- 1.14%
- Median
- 0.24%
- Q1
- 0.00%
- Min
- 0.00%
EME
Capital Goods industry group
0.07%
- Max
- 2.66%
- Q3
- 1.14%
- Median
- 0.24%
- EME
- 0.07%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
EMCOR (EME) at 4.19% pays out a band-typical share of earnings, while Cummins (CMI) at 34.21% distributes more than its industry norm — less retained, thinner cover.
CMI
Capital Goods industry group
34.21%
- Max
- 67.39%
- CMI
- 34.21%
- Q3
- 28.02%
- Median
- 6.86%
- Q1
- 0.00%
- Min
- 0.00%
EME
Capital Goods industry group
4.19%
- Max
- 67.39%
- Q3
- 28.02%
- Median
- 6.86%
- EME
- 4.19%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | CMI | EME |
|---|---|---|
| Dividend Yield (TTM) | 1.83% | 0.07% |
| Dividend Payout Ratio (TTM) | 34.21% | 4.19% |
Valuation
P/E Ratio (TTM)
Both Cummins (CMI) at 18.78 and EMCOR (EME) at 17.59 sit in the cheaper earnings-multiple quartile for P/E ratio, with the market paying less for a dollar of trailing earnings than it pays for typical peers.
CMI
Capital Goods industry group
18.78
- Max
- 59.38
- Q3
- 35.92
- Median
- 25.41
- Q1
- 19.47
- CMI
- 18.78
- Min
- 3.03
EME
Capital Goods industry group
17.59
- Max
- 59.38
- Q3
- 35.92
- Median
- 25.41
- Q1
- 19.47
- EME
- 17.59
- Min
- 3.03
P/S Ratio (TTM)
On P/S ratio, both Cummins (CMI) at 1.72 and EMCOR (EME) at 1.34 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
CMI
Capital Goods industry group
1.72
- Max
- 7.54
- Q3
- 3.76
- Median
- 2.15
- CMI
- 1.72
- Q1
- 1.03
- Min
- 0.03
EME
Capital Goods industry group
1.34
- Max
- 7.54
- Q3
- 3.76
- Median
- 2.15
- EME
- 1.34
- Q1
- 1.03
- Min
- 0.03
P/B Ratio (MRQ)
Cummins (CMI) at 4.63 is valued about in line with its industry on P/B ratio, while EMCOR (EME) at 6.26 carries an above-peer premium to book — EME is pricier on assets.
CMI
Capital Goods industry group
4.63
- Max
- 9.66
- Q3
- 5.00
- CMI
- 4.63
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
EME
Capital Goods industry group
6.26
- Max
- 9.66
- EME
- 6.26
- Q3
- 5.00
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
Valuation Metrics
| Metric | CMI | EME |
|---|---|---|
| P/E Ratio (TTM) | 18.78 | 17.59 |
| P/S Ratio (TTM) | 1.72 | 1.34 |
| P/B Ratio (MRQ) | 4.63 | 6.26 |
| Free Cash Flow Yield (TTM) | 4.06% | 4.82% |