Cummins Inc. (CMI)
Cummins makes diesel and alternative-fuel engines, power generation, and related components.
Industrials stock comparison
CMI vs CTAS: how the two businesses compare
- Bigger business: CMI, with $33.7B of yearly revenue, about 3.0× CTAS's $11.3B.
- More cash from each sale: CTAS turns 20 cents of each sales dollar into operating cash flow, against 11 cents at CMI.
From each company's latest annual SEC filing. Fiscal years can end on different dates.
Cummins (CMI) is the larger business by reported revenue: $33.7B in its fiscal year ended Dec 2025, about 3.0× CTAS's $11.3B (fiscal year ended May 2026). The SEC classifies them differently (Engines & Turbines; Men's & Boys' Furnishgs, Work Clothg, & Allied Garments); what connects them is shared exposure to the Economic trends research theme, not a common industry.
Figures come from each company's own SEC filings. This page compares the businesses; it is not a price target or a verdict.
- Sector
- Industrials
- SEC industry
- Different
- Separate classifications
- Fiscal year ends
- Different
- CMI December 31 · CTAS May 31
- Reviewed
- Jul 29, 2026
CMI vs CTAS: quick comparison
| Company fact | CMI | CTAS |
|---|---|---|
| Company | Cummins Inc. | Cintas Corporation |
| Exchange | NYSE | NASDAQ |
| SEC industry | Engines & Turbines | Men's & Boys' Furnishgs, Work Clothg, & Allied Garments |
| Fiscal year-end | December 31 | May 31 |
| Latest annual filing | 10-K · 2026-02-10 | 10-K · 2026-07-29 |
CMI vs CTAS: audited financials
- Scale: CMI's $33.7B of revenue is about 3.0× CTAS's $11.3B.
- Cash conversion: operating cash flow equalled CMI 10.8% of revenue; CTAS 20.2% of revenue, or 1.14× net income. A ratio well above 1× usually reflects non-cash charges or working-capital release; well below 1× can reflect working-capital build or non-cash gains.
- Periods: the fiscal years end about 5 months apart (2025-12-31 for CMI, 2026-05-31 for CTAS), so each figure reflects somewhat different demand and cost conditions.
| Metric | CMI | CTAS |
|---|---|---|
| Revenue | $33.7B2025-01-01 to 2025-12-31 · SEC filing | $11.3B2025-06-01 to 2026-05-31 · SEC filing |
| Net income | — | $2.0B2025-06-01 to 2026-05-31 · SEC filing |
| Operating cash flow | $3.6B2025-01-01 to 2025-12-31 · SEC filing | $2.3B2025-06-01 to 2026-05-31 · SEC filing |
| Diluted EPS | $20.502025-01-01 to 2025-12-31 · SEC filing | $4.912025-06-01 to 2026-05-31 · SEC filing |
| Net margin | — | 17.8%2025-06-01 to 2026-05-31 · SEC filing |
CMI: FY ending 2025-12-31 · CTAS: FY ending 2026-05-31. Figures as tagged in each issuer's SEC XBRL filing; fiscal calendars may not align.
Where CMI and CTAS overlap, and where they don't
Overlap
- Shared research theme: Economic trends.
Differences
- Different SEC industries: CMI files as Engines & Turbines; CTAS as Men's & Boys' Furnishgs, Work Clothg, & Allied Garments.
- Offset fiscal calendars: CMI's year ends December 31 and CTAS's May 31, about 5 months apart.
- Only CMI maps to Tariffs & trade.
- Scale: CMI reported about 3.0× the annual revenue of CTAS.
Overlap is drawn from SEC classifications and Yield Theory research themes. It is not evidence that the companies sell to the same customers or compete product for product.
Cintas Corporation (CTAS)
Cintas provides uniform rental, facility supplies, and safety products to businesses.
What moves each company
Company-specific drivers maintained by Yield Theory. Use them to decide which filing deserves deeper work; they are not predictions.
What moves CMI
We have not yet published a company-specific driver list for CMI. The primary source is Item 1 (Business) and Item 1A (Risk Factors) of its 10-K filed 2026-02-10.
What moves CTAS
We have not yet published a company-specific driver list for CTAS. The primary source is Item 1 (Business) and Item 1A (Risk Factors) of its 10-K filed 2026-07-29.
The investment question
You now know CMI reports about 3.0× CTAS's revenue. Those are the facts. The investment question is what each share price already assumes about their exposure to economic trends, and which evidence in the next filings would prove that assumption wrong.
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Read the full researchSEC filing comparison and disclosure evidence
Start with primary filings because fiscal calendars and accounting presentation can make superficially similar quarters incomparable. CMI's fiscal year ends December 31, while CTAS's ends May 31. Normalize the reporting periods before comparing growth, margins, capital intensity, or guidance.
The current verified House and Senate snapshot contains 11 matched transaction rows for CMI and 9 matched transaction rows for CTAS. These delayed, range-based disclosures can identify a filing to inspect; they do not establish motive, conviction, or a real-time trading signal.
CMI primary filings
CTAS primary filings
What this comparison cannot tell you
This page does not contain licensed live prices, a valuation model, earnings estimates, portfolio constraints, or a forecast of future returns. SEC classifications can be broad, company descriptions can lag strategic change, and the latest annual filing may predate a material acquisition or divestiture. Read subsequent quarterly and current reports before making a decision.
A stronger business is not automatically the better stock. Starting valuation, expectations, capital structure, cyclicality, dilution, and the probability of each thesis determine the investment outcome. Use this comparison to frame the work, then verify the numbers in the linked filings and current company disclosures.
More comparisons involving CMI or CTAS
CMI vs CTAS FAQs
Are CMI and CTAS direct competitors?
Not necessarily. Cummins files as Engines & Turbines and Cintas as Men's & Boys' Furnishgs, Work Clothg, & Allied Garments. The pair is compared because both map to the Economic trends research theme, not because the filings show head-to-head competition.
Is CMI or CTAS the bigger company by revenue?
Cummins (CMI) is the larger business by reported revenue: $33.7B in its fiscal year ended Dec 2025, about 3.0× CTAS's $11.3B (fiscal year ended May 2026). The SEC classifies them differently (Engines & Turbines; Men's & Boys' Furnishgs, Work Clothg, & Allied Garments); what connects them is shared exposure to the Economic trends research theme, not a common industry. Each figure is the annual amount tagged in the company's own SEC XBRL filing; market value depends on live prices, which this page does not publish.
Which is better, CMI or CTAS?
There is no context-free winner. Compare the operating exposures, filing evidence, valuation, balance sheet, and risks against the specific thesis you are testing. This page deliberately does not turn a static profile into a buy or sell recommendation.
Does this CMI vs CTAS comparison include live prices?
No. Yield Theory does not republish unlicensed real-time market data. The financial figures on this page are the audited annual numbers Cummins Inc. and Cintas Corporation tagged in their SEC XBRL filings. Use a regulated broker or licensed quote provider for current prices and valuation multiples.
Where does the company information come from?
Company classifications, fiscal year-ends, and filing links come from the SEC EDGAR submissions API snapshot refreshed 2026-10-03. Business summaries and research themes are maintained by Yield Theory.
Data snapshot: SEC EDGAR submissions API, refreshed 2026-10-03. Independent educational research; not investment advice.
Which business differences matter to the investment thesis?
CMI vs CTAS compares reported results. The reports below show how we connect operating evidence to an investment thesis, its assumptions, catalysts, and risks. $39/month or $249/year.
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