Cummins (CMI) vs Danaher (DHR)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Cummins (CMI) has outperformed Danaher (DHR) over the past year, gaining 19.2% versus a gain of 4.7%. Over five years, CMI leads with a +117.1% price change compared with -18.2% for DHR. Danaher is the larger company by market cap ($151.88 billion vs $71.74 billion), about 2.1 times the size.
On valuation, Cummins trades at a lower forward P/E (15.0x vs 23.2x for Danaher). Cummins offers the higher dividend yield (1.54% vs 0.67%). Danaher converts more of its revenue into profit, with a net margin of 14.7% 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 | CMI | DHR |
|---|---|---|
| Share price | $521.10 | $216.05 |
| Market cap | $71.74B | $151.88B |
| 1-day change | +0.73% | -1.12% |
| YTD return | +1.35% | -4.56% |
| 1-year return | +19.15% | +4.66% |
| 5-year return | +117.11% | -18.22% |
| P/E ratio (TTM) | 26.63 | 38.51 |
| Forward P/E | 14.97 | 23.23 |
| EPS (TTM) | $19.57 | $5.61 |
| Dividend yield | 1.54% | 0.67% |
| Annual dividend | $8.00 | $1.44 |
| Revenue (latest FY) | $33.67B | $24.57B |
| Revenue growth (YoY) | -1.27% | +2.90% |
| Net income (latest FY) | $2.96B | $3.61B |
| Gross margin | 25.29% | 59.11% |
| Operating margin | 11.95% | 19.09% |
| Net margin | 8.78% | 14.71% |
| 52-week high | $737.76 | $242.80 |
| 52-week low | $400.72 | $160.93 |
| Distance from 52-week high | -29.37% | -11.02% |
| Analyst consensus | buy | strong_buy |
| Avg. price target upside | +42.60% | +10.65% |
| Average volume | 1.02M | 4.70M |
| Shares outstanding | 137.66M | 702.99M |
| Employees | 67,400 | 58,000 |
| 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
- Danaher is about 2.1 times larger than Cummins by market value ($151.88B vs $71.74B).
- CMI has outperformed DHR by 14.5 percentage points over the past year.
- Danaher trades at a higher earnings multiple (38.5x vs 26.6x trailing P/E).
- Danaher is more profitable, keeping 14.7 cents of every revenue dollar as net income versus 8.8 cents for Cummins.
About Cummins
CMI stock →Cummins Inc. offers various power solutions worldwide.
Industrials · Industrial Machinery/Components · 67,400 employees
About Danaher
DHR stock →Danaher Corporation designs, manufactures, and markets professional, medical, research, and industrial products and services in the United States, China, and internationally. The company operates through Biotechnology, Life Sciences, and Diagnostics segments.
Industrials · Industrial Machinery/Components · 58,000 employees
CMI vs DHR FAQ
Which is bigger, Cummins or Danaher?
Danaher (DHR) is larger, with a market capitalization of $151.88B compared with $71.74B for Cummins (CMI).
Which stock has performed better over the past year, CMI or DHR?
CMI returned +19.15% over the past 12 months, compared with +4.66% for DHR (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CMI or DHR?
CMI has the lower trailing P/E at 26.6, versus 38.5 for DHR. 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, Cummins or Danaher?
Cummins has the higher yield at 1.54%, compared with 0.67% for Danaher.
Are Cummins and Danaher in the same industry?
Yes. Both are classified in the Industrial Machinery/Components industry within the Industrials sector.