AMETEK (AME) vs Cummins (CMI)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
AMETEK (AME) has outperformed Cummins (CMI) over the past year, gaining 37.0% versus a gain of 19.2%. Over five years, CMI leads with a +117.1% price change compared with +93.7% for AME. Cummins is the larger company by market cap ($71.64 billion vs $56.75 billion), about 1.3 times the size, while AMETEK is growing revenue faster (+6.6% vs -1.3%).
On valuation, Cummins trades at a lower forward P/E (15.0x vs 26.0x for AMETEK). Cummins offers the higher dividend yield (1.54% vs 0.53%). AMETEK converts more of its revenue into profit, with a net margin of 20.0% versus 8.8%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | AME | CMI |
|---|---|---|
| Share price | $247.52 | $520.40 |
| Market cap | $56.75B | $71.64B |
| 1-day change | -0.44% | +0.60% |
| YTD return | +21.09% | +1.35% |
| 1-year return | +37.04% | +19.15% |
| 5-year return | +93.73% | +117.11% |
| P/E ratio (TTM) | 36.19 | 26.59 |
| Forward P/E | 25.95 | 14.95 |
| EPS (TTM) | $6.84 | $19.57 |
| Dividend yield | 0.53% | 1.54% |
| Annual dividend | $1.30 | $8.00 |
| Revenue (latest FY) | $7.40B | $33.67B |
| Revenue growth (YoY) | +6.63% | -1.27% |
| Net income (latest FY) | $1.48B | $2.96B |
| Gross margin | 36.04% | 25.29% |
| Operating margin | 25.81% | 11.95% |
| Net margin | 20.00% | 8.78% |
| 52-week high | $261.16 | $737.76 |
| 52-week low | $179.24 | $400.72 |
| Distance from 52-week high | -5.22% | -29.46% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +13.24% | +42.79% |
| Average volume | 1.31M | 1.02M |
| Shares outstanding | 229.26M | 137.66M |
| Employees | 22,500 | 67,400 |
| Sector | Industrials | Industrials |
| Industry | Industrial Machinery/Components | Industrial Machinery/Components |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- AME has outperformed CMI by 17.9 percentage points over the past year.
- AMETEK trades at a higher earnings multiple (36.2x vs 26.6x trailing P/E).
- Cummins offers a meaningfully higher dividend yield (1.54% vs 0.53%).
- AMETEK is more profitable, keeping 20.0 cents of every revenue dollar as net income versus 8.8 cents for Cummins.
- AMETEK grew revenue faster in its latest fiscal year (+6.63% vs -1.27%).
About AMETEK
AME stock →AMETEK, Inc. manufactures and sells electronic instruments (EIG) and electromechanical (EMG) devices in the United States and internationally.
Industrials · Industrial Machinery/Components · 22,500 employees
About Cummins
CMI stock →Cummins Inc. offers various power solutions worldwide.
Industrials · Industrial Machinery/Components · 67,400 employees
AME vs CMI FAQ
Which is bigger, AMETEK or Cummins?
Cummins (CMI) is larger, with a market capitalization of $71.64B compared with $56.75B for AMETEK (AME).
Which stock has performed better over the past year, AME or CMI?
AME returned +37.04% over the past 12 months, compared with +19.15% for CMI (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, AME or CMI?
CMI has the lower trailing P/E at 26.6, versus 36.2 for AME. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, AMETEK or Cummins?
Cummins has the higher yield at 1.54%, compared with 0.53% for AMETEK.
Are AMETEK and Cummins in the same industry?
Yes. Both are classified in the Industrial Machinery/Components industry within the Industrials sector.