CMI vs. OTIS: Cummins vs. Otis Worldwide Stock Comparison

November 11, 2026

How do Cummins (CMI) and Otis Worldwide (OTIS) 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 Otis Worldwide (OTIS) both belong to the Machinery industry, though CMI is classified under Construction Machinery & Heavy Transportation Equipment while OTIS falls under Industrial Machinery & Supplies & Components.

Cummins (CMI) has more than two decades of public-market history since February 21, 1973, whereas Otis Worldwide (OTIS) listed on March 19, 2020 and has a much shorter record to draw on.

Company profile comparison for Cummins (CMI) and Otis Worldwide (OTIS)
Profile Item	CMI	OTIS
Name	Cummins Inc.	Otis Worldwide Corporation
Country/Region	United States	United States
GICS Sector	Industrials	Industrials
GICS Industry Group	Capital Goods	Capital Goods
GICS Industry	Machinery	Machinery
GICS Sub-Industry	Construction Machinery & Heavy Transportation Equipment	Industrial Machinery & Supplies & Components
Market Capitalization	61.69 billion USD	30.06 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	February 21, 1973	March 19, 2020
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

CMI

OTIS

GSPC

Cummins (CMI) vs. Otis Worldwide (OTIS), 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 Otis Worldwide (OTIS). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Cummins (CMI) and Otis Worldwide (OTIS)
Metric	CMI	OTIS
Total Return (1Y)	-0.52%	-10.81%
Total Return (3Y, Annualized)	31.79%	1.33%
Total Return (5Y, Annualized)	17.12%	0.66%

Risk Profile

Drawdown History

CMI

OTIS

GSPC

Cummins (CMI) vs. Otis Worldwide (OTIS), 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 Otis Worldwide (OTIS). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Cummins (CMI) and Otis Worldwide (OTIS)
Metric	CMI	OTIS
Volatility (1Y, Annualized)	36.83%	23.24%
Beta (5Y)	1.26	0.85
Max Drawdown (5Y)	-38.12%	-37.22%
Avg. Volume (3M)	1.14M	4.42M

Risk-Adjusted Performance

Risk-Return Positioning

CMI and OTIS 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 Otis Worldwide (OTIS)
Metric	CMI	OTIS
Sharpe Ratio (1Y)	-0.13	-0.65
Sortino Ratio (1Y)	-0.18	-0.92

Profitability

ROE (TTM)

Capital efficiency shows on one side only: Cummins (CMI) earns 25.05% on shareholders’ equity, ranked against its industry; Otis Worldwide (OTIS) has no ROE this period.

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%

OTIS

Capital Goods industry group

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

Cummins (CMI) vs. Otis Worldwide (OTIS): OTIS does not report ROE, so it has no value marker; CMI is benchmarked against the Capital Goods industry group.

Net Margin (TTM)

Both Cummins (CMI) at 9.26% and Otis Worldwide (OTIS) at 10.28% 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%

OTIS

Capital Goods industry group

10.28%

Max: 27.47%
Q3: 12.10%
OTIS: 10.28%
Median: 6.30%
Q1: 1.40%
Min: -12.89%

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

Operating Margin (TTM)

Both Cummins (CMI) at 13.95% and Otis Worldwide (OTIS) at 15.97% 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%

OTIS

Capital Goods industry group

15.97%

Max: 36.60%
Q3: 18.33%
OTIS: 15.97%
Median: 11.12%
Q1: 5.14%
Min: -12.63%

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

Profitability Metrics

Profitability metrics for Cummins (CMI) and Otis Worldwide (OTIS)
Metric	CMI	OTIS
ROE (TTM)	25.05%	--
ROA (TTM)	7.60%	13.26%
Net Margin (TTM)	9.26%	10.28%
Operating Margin (TTM)	13.95%	15.97%
Gross Margin (TTM)	26.32%	29.95%

Growth

Revenue Growth

Both Cummins (CMI) at -1.27% and Otis Worldwide (OTIS) at 1.19% post bottom-quartile revenue growth versus peers, pointing to weaker demand or pricing momentum than typical rivals.

Cummins (CMI) vs. Otis Worldwide (OTIS): A comparison of their Revenue Growth across different time periods.

EPS Growth

Otis Worldwide (OTIS) at -14.00% 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. Otis Worldwide (OTIS): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Cummins (CMI) and Otis Worldwide (OTIS)
Metric	CMI	OTIS
Revenue Growth (YoY)	-1.27%	1.19%
Revenue Growth (3Y CAGR)	6.25%	1.79%
EPS Growth (YoY)	-27.74%	-14.00%
EPS Growth (3Y CAGR)	10.68%	5.74%

Financial Strength

Current Ratio (MRQ)

Cummins (CMI) at 1.74 keeps current ratio within its industry’s typical mid-range, while Otis Worldwide (OTIS) at 0.86 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for OTIS.

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

OTIS

Capital Goods industry group

0.86

Max: 5.22
Q3: 2.95
Median: 2.08
Q1: 1.43
OTIS: 0.86
Min: 0.36

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

Debt / Equity (MRQ)

Only one side’s leverage can be read here: Cummins (CMI) carries debt-to-equity ratio of 0.52 against its industry range, while Otis Worldwide (OTIS) reports no figure this period.

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

OTIS

Capital Goods industry group

Max: 2.33
Q3: 1.12
Median: 0.60
Q1: 0.29
Min: 0.00
OTIS: --

Cummins (CMI) vs. Otis Worldwide (OTIS): OTIS does not report debt-to-equity ratio, so it has no value marker; CMI is benchmarked against the Capital Goods industry group.

Financial Strength Metrics

Financial strength metrics for Cummins (CMI) and Otis Worldwide (OTIS)
Metric	CMI	OTIS
Current Ratio (MRQ)	1.74	0.86
Debt / Equity (MRQ)	0.52	--
Net Debt / EBITDA	0.62	3.12

Dividends

Dividend Yield (TTM)

Both Cummins (CMI) at 1.83% and Otis Worldwide (OTIS) at 2.16% offer top-quartile dividend income relative to share price within their industries.

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%

OTIS

Capital Goods industry group

2.16%

Max: 2.66%
OTIS: 2.16%
Q3: 1.14%
Median: 0.24%
Q1: 0.00%
Min: 0.00%

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

Dividend Payout Ratio (TTM)

Both Cummins (CMI) at 34.21% and Otis Worldwide (OTIS) at 42.79% pay out an above-typical share of earnings for their industries, leaving thinner cover if profits dip.

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%

OTIS

Capital Goods industry group

42.79%

Max: 67.39%
OTIS: 42.79%
Q3: 28.02%
Median: 6.86%
Q1: 0.00%
Min: 0.00%

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

Dividend Metrics

Dividend metrics for Cummins (CMI) and Otis Worldwide (OTIS)
Metric	CMI	OTIS
Dividend Yield (TTM)	1.83%	2.16%
Dividend Payout Ratio (TTM)	34.21%	42.79%

Valuation

P/E Ratio (TTM)

Cummins (CMI) at 18.78 sits in the cheaper P/E ratio quartile, while Otis Worldwide (OTIS) at 19.64 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

OTIS

Capital Goods industry group

19.64

Max: 59.38
Q3: 35.92
Median: 25.41
OTIS: 19.64
Q1: 19.47
Min: 3.03

Cummins (CMI) vs. Otis Worldwide (OTIS): 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 Otis Worldwide (OTIS) at 1.99 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

OTIS

Capital Goods industry group

1.99

Max: 7.54
Q3: 3.76
Median: 2.15
OTIS: 1.99
Q1: 1.03
Min: 0.03

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

P/B Ratio (MRQ)

Otis Worldwide (OTIS) reports a negative P/B ratio of -5.54, meaning negative book equity — the multiple itself is not meaningful for valuation. Meanwhile Cummins (CMI) reports 4.63, ranking against industry peers normally.

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

OTIS

Capital Goods industry group

-5.54

Max: 9.66
Q3: 5.00
Median: 3.12
Q1: 1.81
Min: -1.08
OTIS: -5.54

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

Valuation Metrics

Valuation metrics for Cummins (CMI) and Otis Worldwide (OTIS)
Metric	CMI	OTIS
P/E Ratio (TTM)	18.78	19.64
P/S Ratio (TTM)	1.72	1.99
P/B Ratio (MRQ)	4.63	-5.54
Free Cash Flow Yield (TTM)	4.06%	4.61%