CMI vs WAB
Cummins (CMI) and Wabtec (WAB) compared side by side. Cummins (CMI) is larger, with a market cap of $71.2B versus $46.0B for Wabtec, about 1.5 times the size. On trailing earnings, CMI is cheaper at 26.4x versus 33.8x for WAB.
Head to head
| Metric | CMI | WAB |
|---|---|---|
| Market cap | $71.2B | $46.0B |
| P/E (TTM) | 26.4x | 33.8x |
| Forward P/E | 14.9x | 21.6x |
| Revenue (TTM) | $34.7B | — |
| Revenue growth | 9.4% | — |
| Gross margin | 25.8% | — |
| Operating margin | 11.9% | — |
| Free cash flow | $3.4B | $1.7B |
| Dividend yield | 1.70% | 0.46% |
| 1-year return | +25.7% | +38.9% |
| 5-year return (annual) | +19.2% | +24.8% |
| Max drawdown | -76% | -72% |
| FI Handbook grade | B- | B- |
Highlighted: the stronger figure on metrics where higher or lower is clearly better.
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CMI vs WAB FAQ
Which is bigger, CMI or WAB?
Cummins (CMI) is larger, with a market cap of $71.2B versus $46.0B for Wabtec, about 1.5 times the size.
Is CMI or WAB cheaper?
On trailing earnings, CMI is cheaper at 26.4x versus 33.8x for WAB. 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 WAB?
WAB returned +38.9% over the past year including dividends, versus +25.7% for CMI, through October 23, 2026.
Which pays a higher dividend, CMI or WAB?
CMI yields 1.70% versus 0.46% for WAB.