CMI vs. QXO: Cummins vs. QXO Stock Comparison
How do Cummins (CMI) and QXO (QXO) 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 QXO (QXO) both fall under the Capital Goods industry group, but CMI is classified in Machinery while QXO is classified in Trading Companies & Distributors.
| Profile Item | CMI | QXO |
|---|---|---|
| Name | Cummins Inc. | QXO Inc. |
| Country/Region | United States | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Machinery | Trading Companies & Distributors |
| GICS Sub-Industry | Construction Machinery & Heavy Transportation Equipment | Trading Companies & Distributors |
| Market Capitalization | 61.69 billion USD | 11.99 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | February 21, 1973 | April 17, 2012 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | CMI | QXO |
|---|---|---|
| Total Return (1Y) | -0.52% | -19.11% |
| Total Return (3Y, Annualized) | 31.79% | -16.39% |
| Total Return (5Y, Annualized) | 17.12% | -17.91% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
QXO (QXO) carries a highly aggressive beta of 2.28, indicating much higher sensitivity to broad-market moves, whereas Cummins (CMI) is closer to market-like at 1.26 — a noticeable difference in market-sensitivity profile.
| Metric | CMI | QXO |
|---|---|---|
| Volatility (1Y, Annualized) | 36.83% | 68.10% |
| Beta (5Y) | 1.26 | 2.28 |
| Max Drawdown (5Y) | -38.12% | -95.70% |
| Avg. Volume (3M) | 1.14M | 19.01M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | CMI | QXO |
|---|---|---|
| Sharpe Ratio (1Y) | -0.13 | -0.34 |
| Sortino Ratio (1Y) | -0.18 | -0.55 |
Profitability
ROE (TTM)
QXO (QXO) reports a negative ROE of -4.60%; negative ROE can reflect losses or negative shareholders’ equity, so it is harder to read as capital efficiency. Meanwhile Cummins (CMI) reports 25.05%, ranking against industry peers normally.
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%
QXO
Capital Goods industry group
-4.60%
- Max
- 40.55%
- Q3
- 19.29%
- Median
- 12.12%
- Q1
- 4.08%
- QXO
- -4.60%
- Min
- -17.12%
Net Margin (TTM)
QXO (QXO) reports a negative net margin of -5.17%, usually indicating a net loss over the period. Meanwhile Cummins (CMI) reports 9.26%, ranking against industry peers normally.
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%
QXO
Capital Goods industry group
-5.17%
- Max
- 27.47%
- Q3
- 12.10%
- Median
- 6.30%
- Q1
- 1.40%
- QXO
- -5.17%
- Min
- -12.89%
Operating Margin (TTM)
Cummins (CMI) at 13.95% runs core operations around its industry’s norm, while QXO (QXO) at 1.29% operates in the bottom quartile.
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%
QXO
Capital Goods industry group
1.29%
- Max
- 36.60%
- Q3
- 18.33%
- Median
- 11.12%
- Q1
- 5.14%
- QXO
- 1.29%
- Min
- -12.63%
Profitability Metrics
| Metric | CMI | QXO |
|---|---|---|
| ROE (TTM) | 25.05% | -4.60% |
| ROA (TTM) | 7.60% | -0.27% |
| Net Margin (TTM) | 9.26% | -5.17% |
| Operating Margin (TTM) | 13.95% | 1.29% |
| Gross Margin (TTM) | 26.32% | 24.54% |
Growth
Revenue Growth
QXO (QXO) at 11,924.96% delivers above-range revenue growth, while Cummins (CMI) at -1.27% falls into the bottom quartile — a wide split in revenue momentum.
EPS Growth
Neither side shows strong earnings momentum: Cummins (CMI) at -27.74% sits in the bottom EPS growth quartile, and QXO (QXO) at -672.73% is weaker still, below its industry range.
Growth Metrics
| Metric | CMI | QXO |
|---|---|---|
| Revenue Growth (YoY) | -1.27% | 11,924.96% |
| Revenue Growth (3Y CAGR) | 6.25% | 433.80% |
| EPS Growth (YoY) | -27.74% | -672.73% |
| EPS Growth (3Y CAGR) | 10.68% | -- |
Financial Strength
Current Ratio (MRQ)
Cummins (CMI) at 1.74 keeps current ratio within its industry’s typical mid-range, while QXO (QXO) at 4.12 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets 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
QXO
Capital Goods industry group
4.12
- Max
- 5.22
- QXO
- 4.12
- Q3
- 2.95
- Median
- 2.08
- Q1
- 1.43
- Min
- 0.36
Debt / Equity (MRQ)
Both Cummins (CMI) at 0.52 and QXO (QXO) at 0.57 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
QXO
Capital Goods industry group
0.57
- Max
- 2.33
- Q3
- 1.12
- Median
- 0.60
- QXO
- 0.57
- Q1
- 0.29
- Min
- 0.00
Financial Strength Metrics
| Metric | CMI | QXO |
|---|---|---|
| Current Ratio (MRQ) | 1.74 | 4.12 |
| Debt / Equity (MRQ) | 0.52 | 0.57 |
| Net Debt / EBITDA | 0.62 | 7.20 |
Dividends
Dividend Yield (TTM)
QXO (QXO) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Cummins (CMI) reports a yield of 1.83%, ranking against industry peers normally.
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%
QXO
Capital Goods industry group
0.00%
- Max
- 2.66%
- Q3
- 1.14%
- Median
- 0.24%
- QXO
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
QXO (QXO) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Cummins (CMI) reports a payout of 34.21%, ranking against industry peers normally.
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%
QXO
Capital Goods industry group
0.00%
- Max
- 67.39%
- Q3
- 28.02%
- Median
- 6.86%
- QXO
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | CMI | QXO |
|---|---|---|
| Dividend Yield (TTM) | 1.83% | 0.00% |
| Dividend Payout Ratio (TTM) | 34.21% | 0.00% |
Valuation
P/E Ratio (TTM)
An earnings multiple is available for just one side: Cummins (CMI) trades at 18.78 times trailing earnings, ranked against its peers, while QXO (QXO) has no P/E ratio this period.
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
QXO
Capital Goods industry group
--
- Max
- 59.38
- Q3
- 35.92
- Median
- 25.41
- Q1
- 19.47
- Min
- 3.03
- QXO
- --
P/S Ratio (TTM)
On P/S ratio, both Cummins (CMI) at 1.72 and QXO (QXO) at 1.21 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
QXO
Capital Goods industry group
1.21
- Max
- 7.54
- Q3
- 3.76
- Median
- 2.15
- QXO
- 1.21
- Q1
- 1.03
- Min
- 0.03
P/B Ratio (MRQ)
QXO (QXO) at 0.90 sits in the lower P/B ratio quartile against book while Cummins (CMI) at 4.63 is valued near its industry’s middle — QXO is cheaper on assets, though weigh it against ROE and asset quality.
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
QXO
Capital Goods industry group
0.90
- Max
- 9.66
- Q3
- 5.00
- Median
- 3.12
- Q1
- 1.81
- QXO
- 0.90
- Min
- -1.08
Valuation Metrics
| Metric | CMI | QXO |
|---|---|---|
| P/E Ratio (TTM) | 18.78 | -- |
| P/S Ratio (TTM) | 1.72 | 1.21 |
| P/B Ratio (MRQ) | 4.63 | 0.90 |
| Free Cash Flow Yield (TTM) | 4.06% | -21.23% |