CMI vs PCAR
Cummins (CMI) and Paccar (PCAR) compared side by side. Cummins (CMI) is larger, with a market cap of $71.2B versus $56.3B for Paccar, about 1.3 times the size. On trailing earnings, PCAR is cheaper at 22.5x versus 26.4x for CMI.
Head to head
| Metric | CMI | PCAR |
|---|---|---|
| Market cap | $71.2B | $56.3B |
| P/E (TTM) | 26.4x | 22.5x |
| Forward P/E | 14.9x | 14.9x |
| Revenue (TTM) | $34.7B | $27.8B |
| Revenue growth | 9.4% | 0.5% |
| Gross margin | 25.8% | 13.7% |
| Operating margin | 11.9% | 12.0% |
| Free cash flow | $3.4B | $3.0B |
| Dividend yield | 1.70% | 1.31% |
| 1-year return | +25.7% | +10.3% |
| 5-year return (annual) | +19.2% | +17.2% |
| Max drawdown | -76% | -66% |
| FI Handbook grade | B- | C |
Highlighted: the stronger figure on metrics where higher or lower is clearly better.
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CMI vs PCAR FAQ
Which is bigger, CMI or PCAR?
Cummins (CMI) is larger, with a market cap of $71.2B versus $56.3B for Paccar, about 1.3 times the size.
Is CMI or PCAR cheaper?
On trailing earnings, PCAR is cheaper at 22.5x versus 26.4x for CMI. A lower P/E can reflect slower expected growth, so compare growth and margins too.
Which stock performed better over the past year, CMI or PCAR?
CMI returned +25.7% over the past year including dividends, versus +10.3% for PCAR, through October 23, 2026.
Which pays a higher dividend, CMI or PCAR?
CMI yields 1.70% versus 1.31% for PCAR.