CMI vs. MOG.B: Cummins vs. Moog Stock Comparison

November 11, 2026

How do Cummins (CMI) and Moog (MOG.B) 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 Moog (MOG.B) both fall under the Capital Goods industry group, but CMI is classified in Machinery while MOG.B is classified in Aerospace & Defense.

Company profile comparison for Cummins (CMI) and Moog (MOG.B)
Profile Item	CMI	MOG.B
Name	Cummins Inc.	Moog Inc. Class B Common Stock
Country/Region	United States	United States
GICS Sector	Industrials	Industrials
GICS Industry Group	Capital Goods	Capital Goods
GICS Industry	Machinery	Aerospace & Defense
GICS Sub-Industry	Construction Machinery & Heavy Transportation Equipment	Aerospace & Defense
Market Capitalization	61.69 billion USD	10.30 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	February 21, 1973	March 17, 1980
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

CMI

MOG.B

GSPC

Cummins (CMI) vs. Moog (MOG.B), 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 Moog (MOG.B). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Cummins (CMI) and Moog (MOG.B)
Metric	CMI	MOG.B
Total Return (1Y)	-0.52%	51.82%
Total Return (3Y, Annualized)	31.79%	37.88%
Total Return (5Y, Annualized)	17.12%	32.49%

Risk Profile

Drawdown History

CMI

MOG.B

GSPC

Cummins (CMI) vs. Moog (MOG.B), 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 Moog (MOG.B). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Cummins (CMI) trades around 1.14M shares per day on average, while Moog (MOG.B) sees only 214 — a volume gap that can matter for position sizing, exit liquidity, and order execution.

Risk profile metrics for Cummins (CMI) and Moog (MOG.B)
Metric	CMI	MOG.B
Volatility (1Y, Annualized)	36.83%	43.76%
Beta (5Y)	1.26	0.82
Max Drawdown (5Y)	-38.12%	-30.76%
Avg. Volume (3M)	1.14M	214

Risk-Adjusted Performance

Risk-Return Positioning

CMI and MOG.B 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 Moog (MOG.B)
Metric	CMI	MOG.B
Sharpe Ratio (1Y)	-0.13	1.09
Sortino Ratio (1Y)	-0.18	1.71

Profitability

ROE (TTM)

Cummins (CMI) at 25.05% sits in the top ROE quartile, while Moog (MOG.B) at 18.11% 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%

MOG.B

Capital Goods industry group

18.11%

Max: 40.55%
Q3: 19.29%
MOG.B: 18.11%
Median: 12.12%
Q1: 4.08%
Min: -17.12%

Cummins (CMI) vs. Moog (MOG.B): A comparison of their ROE against the Capital Goods industry group benchmark.

Net Margin (TTM)

Both Cummins (CMI) at 9.26% and Moog (MOG.B) at 8.73% 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%

MOG.B

Capital Goods industry group

8.73%

Max: 27.47%
Q3: 12.10%
MOG.B: 8.73%
Median: 6.30%
Q1: 1.40%
Min: -12.89%

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

Operating Margin (TTM)

Both Cummins (CMI) at 13.95% and Moog (MOG.B) at 14.52% 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%

MOG.B

Capital Goods industry group

14.52%

Max: 36.60%
Q3: 18.33%
MOG.B: 14.52%
Median: 11.12%
Q1: 5.14%
Min: -12.63%

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

Profitability Metrics

Profitability metrics for Cummins (CMI) and Moog (MOG.B)
Metric	CMI	MOG.B
ROE (TTM)	25.05%	18.11%
ROA (TTM)	7.60%	7.04%
Net Margin (TTM)	9.26%	8.73%
Operating Margin (TTM)	13.95%	14.52%
Gross Margin (TTM)	26.32%	28.20%

Growth

Revenue Growth

Moog (MOG.B) at 6.97% 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. Moog (MOG.B): A comparison of their Revenue Growth across different time periods.

EPS Growth

Moog (MOG.B) at 14.53% is around its peer norm for EPS growth, while Cummins (CMI) at -27.74% drops into the bottom quartile, signaling weaker earnings momentum.

Cummins (CMI) vs. Moog (MOG.B): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Cummins (CMI) and Moog (MOG.B)
Metric	CMI	MOG.B
Revenue Growth (YoY)	-1.27%	6.97%
Revenue Growth (3Y CAGR)	6.25%	8.34%
EPS Growth (YoY)	-27.74%	14.53%
EPS Growth (3Y CAGR)	10.68%	14.92%

Financial Strength

Current Ratio (MRQ)

Both Cummins (CMI) at 1.74 and Moog (MOG.B) at 2.09 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

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

MOG.B

Capital Goods industry group

2.09

Max: 5.22
Q3: 2.95
MOG.B: 2.09
Median: 2.08
Q1: 1.43
Min: 0.36

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

Debt / Equity (MRQ)

Both Cummins (CMI) at 0.52 and Moog (MOG.B) at 0.52 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

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

MOG.B

Capital Goods industry group

0.52

Max: 2.33
Q3: 1.12
Median: 0.60
MOG.B: 0.52
Q1: 0.29
Min: 0.00

Cummins (CMI) vs. Moog (MOG.B): 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 Moog (MOG.B)
Metric	CMI	MOG.B
Current Ratio (MRQ)	1.74	2.09
Debt / Equity (MRQ)	0.52	0.52
Net Debt / EBITDA	0.62	1.71

Dividends

Dividend Yield (TTM)

Cummins (CMI) at 1.83% delivers top-quartile income for its industry, while Moog (MOG.B) at 0.37% 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%

MOG.B

Capital Goods industry group

0.37%

Max: 2.66%
Q3: 1.14%
MOG.B: 0.37%
Median: 0.24%
Q1: 0.00%
Min: 0.00%

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

Dividend Payout Ratio (TTM)

Moog (MOG.B) at 10.03% 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%

MOG.B

Capital Goods industry group

10.03%

Max: 67.39%
Q3: 28.02%
MOG.B: 10.03%
Median: 6.86%
Q1: 0.00%
Min: 0.00%

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

Dividend Metrics

Dividend metrics for Cummins (CMI) and Moog (MOG.B)
Metric	CMI	MOG.B
Dividend Yield (TTM)	1.83%	0.37%
Dividend Payout Ratio (TTM)	34.21%	10.03%

Valuation

P/E Ratio (TTM)

Cummins (CMI) at 18.78 sits in the cheaper P/E ratio quartile, while Moog (MOG.B) at 27.46 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

MOG.B

Capital Goods industry group

27.46

Max: 59.38
Q3: 35.92
MOG.B: 27.46
Median: 25.41
Q1: 19.47
Min: 3.03

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

P/S Ratio (TTM)

On P/S ratio, both Cummins (CMI) at 1.72 and Moog (MOG.B) at 2.38 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

MOG.B

Capital Goods industry group

2.38

Max: 7.54
Q3: 3.76
MOG.B: 2.38
Median: 2.15
Q1: 1.03
Min: 0.03

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

P/B Ratio (MRQ)

On P/B ratio, both Cummins (CMI) at 4.63 and Moog (MOG.B) at 4.63 are valued close to their industries’ norm against book — neither stands out from peers.

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

MOG.B

Capital Goods industry group

4.63

Max: 9.66
Q3: 5.00
MOG.B: 4.63
Median: 3.12
Q1: 1.81
Min: -1.08

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

Valuation Metrics

Valuation metrics for Cummins (CMI) and Moog (MOG.B)
Metric	CMI	MOG.B
P/E Ratio (TTM)	18.78	27.46
P/S Ratio (TTM)	1.72	2.38
P/B Ratio (MRQ)	4.63	4.63
Free Cash Flow Yield (TTM)	4.06%	3.24%