AKAM vs. CMI

Last updated Jun 9, 2026

AKAM (Akamai Technologies, Inc.) and CMI (Cummins Inc.) are both stocks. AKAM operates in Software - Infrastructure (Technology), while CMI operates in Specialty Industrial Machinery (Industrials). Over the past 10 years, AKAM returned 10.40%/yr vs 22.34%/yr for CMI. At a 0.36 correlation, their price movements are largely independent.

Performance

AKAM vs. CMI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Akamai Technologies, Inc. (AKAM) and Cummins Inc. (CMI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AKAM achieves a 62.60% return, which is significantly higher than CMI's 32.64% return. Over the past 10 years, AKAM has underperformed CMI with an annualized return of 10.40%, while CMI has yielded a comparatively higher 22.34% annualized return.

AKAM

• 1D: -4.99%
• 1M: -3.95%
• YTD: 62.60%
• 6M: 66.28%
• 1Y: 84.17%
• 3Y*: 15.33%
• 5Y*: 3.79%
• 10Y*: 10.40%

CMI

• 1D: 3.30%
• 1M: -0.70%
• YTD: 32.64%
• 6M: 33.36%
• 1Y: 109.28%
• 3Y*: 46.82%
• 5Y*: 24.12%
• 10Y*: 22.34%

*Multi-year figures are annualized to reflect compound growth (CAGR)

AKAM vs. CMI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AKAM Akamai Technologies, Inc.	62.60%	-8.78%	-19.18%	40.39%	-27.97%	11.48%	21.54%	41.42%	-6.09%	-2.46%
CMI Cummins Inc.	32.64%	49.36%	48.92%	1.72%	14.09%	-1.68%	30.50%	38.04%	-22.06%	32.74%

Correlation

The correlation between AKAM and CMI is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.30
Correlation (3Y) Calculated over the trailing 3-year period	0.33
Correlation (5Y) Calculated over the trailing 5-year period	0.35
Correlation (10Y) Calculated over the trailing 10-year period	0.30
Correlation (All Time) Calculated using the full available price history since Nov 1, 1999	0.36

Fundamentals

Market Cap AKAM : $21.28B CMI : $93.37B
EPS AKAM : $2.95 CMI : $19.27
PE Ratio AKAM : 48.03 CMI : 34.90
PS Ratio AKAM : 4.90 CMI : 2.75
PB Ratio AKAM : 4.34 CMI : 7.56
Total Revenue (TTM) AKAM : $4.27B CMI : $33.89B
Gross Profit (TTM) AKAM : $2.44B CMI : $8.60B
EBITDA (TTM) AKAM : $1.14B CMI : $4.87B

Return for Risk

AKAM vs. CMI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AKAM

AKAM Risk / Return Rank: 85
AKAM Sharpe Ratio Rank: 84
AKAM Sortino Ratio Rank: 82
AKAM Omega Ratio Rank: 85
AKAM Calmar Ratio Rank: 85
AKAM Martin Ratio Rank: 90

CMI

CMI Risk / Return Rank: 96
CMI Sharpe Ratio Rank: 96
CMI Sortino Ratio Rank: 94
CMI Omega Ratio Rank: 94
CMI Calmar Ratio Rank: 96
CMI Martin Ratio Rank: 97

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AKAM vs. CMI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Akamai Technologies, Inc. (AKAM) and Cummins Inc. (CMI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	AKAM	CMI	Difference
Sharpe ratio: Return per unit of total volatility	1.57	3.33	-1.76
Sortino ratio: Return per unit of downside risk	2.35	3.82	-1.47
Omega ratio: Gain probability vs. loss probability	1.35	1.52	-0.17
Calmar ratio: Return relative to maximum drawdown	3.33	7.22	-3.89
Martin ratio: Return relative to average drawdown	11.38	26.31	-14.93
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AKAM vs. CMI - Sharpe Ratio Comparison

The current AKAM Sharpe Ratio is 1.57, which is lower than the CMI Sharpe Ratio of 3.33. The chart below compares the historical Sharpe Ratios of AKAM and CMI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AKAM	CMI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.57	3.33	-1.76
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.10	0.86	-0.76
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.30	0.79	-0.49
Sharpe Ratio (All Time) Calculated using the full available price history	-0.00	0.38	-0.38

Drawdowns

AKAM vs. CMI - Drawdown Comparison

The maximum AKAM drawdown since its inception was -99.80%, which is greater than CMI's maximum drawdown of -75.66%. Use the drawdown chart below to compare losses from any high point for AKAM and CMI.

Drawdown Indicators

	AKAM	CMI	Difference
Max Drawdown Largest peak-to-trough decline	-99.80%	-75.66%	-24.14%
Max Drawdown (1Y) Largest decline over 1 year	-25.44%	-15.23%	-10.21%
Max Drawdown (3Y) Largest decline over 3 years	-46.84%	-30.48%	-16.36%
Max Drawdown (5Y) Largest decline over 5 years	-46.84%	-30.48%	-16.36%
Max Drawdown (10Y) Largest decline over 10 years	-46.84%	-44.05%	-2.79%
Current Drawdown Current decline from peak	-56.69%	-5.81%	-50.88%
Average Drawdown Average peak-to-trough decline	-82.62%	-22.23%	-60.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.42%	4.17%	+3.25%

Volatility

AKAM vs. CMI - Volatility Comparison

Akamai Technologies, Inc. (AKAM) has a higher volatility of 28.96% compared to Cummins Inc. (CMI) at 12.18%. This indicates that AKAM's price experiences larger fluctuations and is considered to be riskier than CMI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AKAM	CMI	Difference
Volatility (1M) Calculated over the trailing 1-month period	28.96%	12.18%	+16.78%
Volatility (6M) Calculated over the trailing 6-month period	47.61%	27.86%	+19.75%
Volatility (1Y) Calculated over the trailing 1-year period	53.98%	33.02%	+20.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.51%	28.05%	+8.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.45%	28.26%	+6.19%

Dividends

AKAM vs. CMI - Dividend Comparison

AKAM has not paid dividends to shareholders, while CMI's dividend yield for the trailing twelve months is around 1.19%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AKAM Akamai Technologies, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
CMI Cummins Inc.	1.19%	1.50%	2.01%	2.71%	2.49%	2.57%	2.33%	2.74%	3.32%	2.38%	2.93%	3.99%

Financials

AKAM vs. CMI - Profitability Comparison

The chart below illustrates the profitability comparison between Akamai Technologies, Inc. and Cummins Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

AKAM - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Akamai Technologies, Inc. reported a gross profit of 602.31M and revenue of 1.07B. Therefore, the gross margin over that period was 56.1%.

CMI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Cummins Inc. reported a gross profit of 2.24B and revenue of 8.40B. Therefore, the gross margin over that period was 26.7%.

AKAM - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Akamai Technologies, Inc. reported an operating income of 114.49M and revenue of 1.07B, resulting in an operating margin of 10.7%.

CMI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Cummins Inc. reported an operating income of 949.00M and revenue of 8.40B, resulting in an operating margin of 11.3%.

AKAM - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Akamai Technologies, Inc. reported a net income of 106.32M and revenue of 1.07B, resulting in a net margin of 9.9%.

CMI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Cummins Inc. reported a net income of 654.00M and revenue of 8.40B, resulting in a net margin of 7.8%.

Frequently Asked Questions

Can I hold both AKAM and CMI in my portfolio?

AKAM and CMI have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AKAM or CMI?

AKAM has higher volatility (28.96%) compared to CMI (12.18%). In terms of maximum drawdown, AKAM dropped -99.80% vs CMI's -75.66%.

Which has better risk-adjusted returns?

CMI currently has the higher Sharpe Ratio (3.33 vs 1.57), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.