CMI vs. FER: Cummins vs. Ferrovial Stock Comparison

November 11, 2026

How do Cummins (CMI) and Ferrovial (FER) 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 Ferrovial (FER) both fall under the Capital Goods industry group, but CMI is classified in Machinery while FER is classified in Construction & Engineering.

Company profile comparison for Cummins (CMI) and Ferrovial (FER)
Profile Item	CMI	FER
Name	Cummins Inc.	Ferrovial N.V.
Country/Region	United States	Netherlands
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	42.19 billion USD
Currency	USD	USD
Exchange	NYSE	Nasdaq
Listing Date	February 21, 1973	August 13, 2012
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

CMI

FER

GSPC

Cummins (CMI) vs. Ferrovial (FER), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Cummins (CMI) and Ferrovial (FER). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Cummins (CMI) and Ferrovial (FER). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Cummins (CMI) and Ferrovial (FER)
Metric	CMI	FER
Total Return (1Y)	-0.52%	-1.10%
Total Return (3Y, Annualized)	31.79%	26.01%
Total Return (5Y, Annualized)	17.12%	17.20%

Risk Profile

Drawdown History

CMI

FER

GSPC

Cummins (CMI) vs. Ferrovial (FER), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Cummins (CMI) and Ferrovial (FER). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Cummins (CMI) and Ferrovial (FER)
Metric	CMI	FER
Volatility (1Y, Annualized)	36.83%	27.38%
Beta (5Y)	1.26	0.36
Max Drawdown (5Y)	-38.12%	-33.67%
Avg. Volume (3M)	1.14M	1.95M

Risk-Adjusted Performance

Risk-Return Positioning

CMI and FER are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Cummins (CMI) and Ferrovial (FER)
Metric	CMI	FER
Sharpe Ratio (1Y)	-0.13	-0.20
Sortino Ratio (1Y)	-0.18	-0.30

Profitability

ROE (TTM)

Cummins (CMI) at 25.05% sits in the top ROE quartile, while Ferrovial (FER) at 11.62% is closer to the peer norm — stronger capital efficiency for CMI.

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%

FER

Capital Goods industry group

11.62%

Max: 40.55%
Q3: 19.29%
Median: 12.12%
FER: 11.62%
Q1: 4.08%
Min: -17.12%

Cummins (CMI) vs. Ferrovial (FER): A comparison of their ROE against the Capital Goods industry group benchmark.

Net Margin (TTM)

Both Cummins (CMI) at 9.26% and Ferrovial (FER) at 6.15% 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%

FER

Capital Goods industry group

6.15%

Max: 27.47%
Q3: 12.10%
Median: 6.30%
FER: 6.15%
Q1: 1.40%
Min: -12.89%

Cummins (CMI) vs. Ferrovial (FER): A comparison of their net margin against the Capital Goods industry group benchmark.

Operating Margin (TTM)

Both Cummins (CMI) at 13.95% and Ferrovial (FER) at 10.45% 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%

FER

Capital Goods industry group

10.45%

Max: 36.60%
Q3: 18.33%
Median: 11.12%
FER: 10.45%
Q1: 5.14%
Min: -12.63%

Cummins (CMI) vs. Ferrovial (FER): A comparison of their operating margin against the Capital Goods industry group benchmark.

Profitability Metrics

Profitability metrics for Cummins (CMI) and Ferrovial (FER)
Metric	CMI	FER
ROE (TTM)	25.05%	11.62%
ROA (TTM)	7.60%	2.62%
Net Margin (TTM)	9.26%	6.15%
Operating Margin (TTM)	13.95%	10.45%
Gross Margin (TTM)	26.32%	87.14%

Growth

Revenue Growth

Ferrovial (FER) at 5.24% 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.

Cummins (CMI) vs. Ferrovial (FER): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Cummins (CMI) at -27.74% and Ferrovial (FER) at -72.26% post bottom-quartile EPS growth versus peers, pointing to weaker earnings momentum than typical rivals.

Cummins (CMI) vs. Ferrovial (FER): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Cummins (CMI) and Ferrovial (FER)
Metric	CMI	FER
Revenue Growth (YoY)	-1.27%	5.24%
Revenue Growth (3Y CAGR)	6.25%	8.43%
EPS Growth (YoY)	-27.74%	-72.26%
EPS Growth (3Y CAGR)	10.68%	70.54%

Financial Strength

Current Ratio (MRQ)

Cummins (CMI) at 1.74 keeps current ratio within its industry’s typical mid-range, while Ferrovial (FER) at 1.20 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for FER.

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

FER

Capital Goods industry group

1.20

Max: 5.22
Q3: 2.95
Median: 2.08
Q1: 1.43
FER: 1.20
Min: 0.36

Cummins (CMI) vs. Ferrovial (FER): A comparison of their current ratio against the Capital Goods industry group benchmark.

Debt / Equity (MRQ)

Cummins (CMI) at 0.52 carries an industry-typical debt-to-equity mix, while Ferrovial (FER) at 1.44 uses more debt funding than most peers.

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

FER

Capital Goods industry group

1.44

Max: 2.33
FER: 1.44
Q3: 1.12
Median: 0.60
Q1: 0.29
Min: 0.00

Cummins (CMI) vs. Ferrovial (FER): A comparison of their debt-to-equity ratio against the Capital Goods industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Cummins (CMI) and Ferrovial (FER)
Metric	CMI	FER
Current Ratio (MRQ)	1.74	1.20
Debt / Equity (MRQ)	0.52	1.44
Net Debt / EBITDA	0.62	4.39

Dividends

Dividend Yield (TTM)

Cummins (CMI) at 1.83% delivers top-quartile income for its industry, while Ferrovial (FER) at 0.94% 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%

FER

Capital Goods industry group

0.94%

Max: 2.66%
Q3: 1.14%
FER: 0.94%
Median: 0.24%
Q1: 0.00%
Min: 0.00%

Cummins (CMI) vs. Ferrovial (FER): A comparison of their dividend yield against the Capital Goods industry group benchmark.

Dividend Payout Ratio (TTM)

Both pay out more than their industries’ typical bands, and FER more so: Cummins (CMI) at 34.21% sits above the band, while Ferrovial (FER) at 71.24% exceeds every peer in its group.

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%

FER

Capital Goods industry group

71.24%

FER: 71.24%
Max: 67.39%
Q3: 28.02%
Median: 6.86%
Q1: 0.00%
Min: 0.00%

Cummins (CMI) vs. Ferrovial (FER): A comparison of their payout ratio against the Capital Goods industry group benchmark.

Dividend Metrics

Dividend metrics for Cummins (CMI) and Ferrovial (FER)
Metric	CMI	FER
Dividend Yield (TTM)	1.83%	0.94%
Dividend Payout Ratio (TTM)	34.21%	71.24%

Valuation

P/E Ratio (TTM)

Cummins (CMI) at 18.78 sits in the cheaper P/E ratio quartile, while Ferrovial (FER) at 32.26 is closer to its industry’s usual earnings multiple — a discount for CMI, though growth and earnings durability still matter.

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

FER

Capital Goods industry group

32.26

Max: 59.38
Q3: 35.92
FER: 32.26
Median: 25.41
Q1: 19.47
Min: 3.03

Cummins (CMI) vs. Ferrovial (FER): A comparison of their P/E ratio against the Capital Goods industry group benchmark.

P/S Ratio (TTM)

Cummins (CMI) at 1.72 is priced about in line with its industry on P/S ratio, while Ferrovial (FER) at 4.28 sits in the pricier quartile — FER costs more per dollar of sales.

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

FER

Capital Goods industry group

4.28

Max: 7.54
FER: 4.28
Q3: 3.76
Median: 2.15
Q1: 1.03
Min: 0.03

Cummins (CMI) vs. Ferrovial (FER): A comparison of their P/S ratio against the Capital Goods industry group benchmark.

P/B Ratio (MRQ)

Cummins (CMI) at 4.63 is valued about in line with its industry on P/B ratio, while Ferrovial (FER) at 6.59 carries an above-peer premium to book — FER 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

FER

Capital Goods industry group

6.59

Max: 9.66
FER: 6.59
Q3: 5.00
Median: 3.12
Q1: 1.81
Min: -1.08

Cummins (CMI) vs. Ferrovial (FER): A comparison of their P/B ratio against the Capital Goods industry group benchmark.

Valuation Metrics

Valuation metrics for Cummins (CMI) and Ferrovial (FER)
Metric	CMI	FER
P/E Ratio (TTM)	18.78	32.26
P/S Ratio (TTM)	1.72	4.28
P/B Ratio (MRQ)	4.63	6.59
Free Cash Flow Yield (TTM)	4.06%	2.11%