CMI vs. CNXC

Last updated Apr 3, 2026

Compare and contrast key facts about Cummins Inc. (CMI) and Concentrix Corporation (CNXC).

Performance

CMI vs. CNXC - Performance Comparison

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

CMI vs. CNXC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
CMI Cummins Inc.	8.05%	49.36%	48.92%	1.72%	14.09%	-1.68%	-3.22%
CNXC Concentrix Corporation	-35.50%	-1.39%	-55.03%	-25.36%	-24.91%	81.22%	23.38%

Fundamentals

Market Cap CMI : $76.41B CNXC : $1.63B
EPS CMI : $20.50 CNXC : -$21.23
PS Ratio CMI : 2.26 CNXC : 0.17
PB Ratio CMI : 6.19 CNXC : 0.58
Total Revenue (TTM) CMI : $33.67B CNXC : $9.95B
Gross Profit (TTM) CMI : $8.52B CNXC : $3.27B
EBITDA (TTM) CMI : $5.06B CNXC : -$944.68M

Returns By Period

In the year-to-date period, CMI achieves a 8.05% return, which is significantly higher than CNXC's -35.50% return.

CMI

• 1D: -0.07%
• 1M: -1.86%
• YTD: 8.05%
• 6M: 28.04%
• 1Y: 74.97%
• 3Y*: 35.11%
• 5Y*: 19.16%
• 10Y*: 20.69%

CNXC

• 1D: -2.89%
• 1M: -16.37%
• YTD: -35.50%
• 6M: -43.96%
• 1Y: -49.38%
• 3Y*: -38.43%
• 5Y*: -28.06%
• 10Y*: —

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

Return for Risk

CMI vs. CNXC — Risk / Return Rank

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

CMI

CMI Risk / Return Rank: 91
CMI Sharpe Ratio Rank: 91
CMI Sortino Ratio Rank: 89
CMI Omega Ratio Rank: 89
CMI Calmar Ratio Rank: 92
CMI Martin Ratio Rank: 94

CNXC

CNXC Risk / Return Rank: 8
CNXC Sharpe Ratio Rank: 7
CNXC Sortino Ratio Rank: 10
CNXC Omega Ratio Rank: 10
CNXC Calmar Ratio Rank: 9
CNXC Martin Ratio Rank: 3

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.

CMI vs. CNXC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cummins Inc. (CMI) and Concentrix Corporation (CNXC). 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.

	CMI	CNXC	Difference
Sharpe ratio Return per unit of total volatility	2.21	-0.84	+3.05
Sortino ratio Return per unit of downside risk	2.82	-1.06	+3.87
Omega ratio Gain probability vs. loss probability	1.39	0.86	+0.53
Calmar ratio Return relative to maximum drawdown	4.69	-0.86	+5.55
Martin ratio Return relative to average drawdown	15.56	-1.77	+17.33
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CMI vs. CNXC - Sharpe Ratio Comparison

The current CMI Sharpe Ratio is 2.21, which is higher than the CNXC Sharpe Ratio of -0.84. The chart below compares the historical Sharpe Ratios of CMI and CNXC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CMI	CNXC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.21	-0.84	+3.05
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.71	-0.60	+1.31
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.74	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.37	-0.35	+0.72

Correlation

The correlation between CMI and CNXC is 0.31, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

CMI vs. CNXC - Dividend Comparison

CMI's dividend yield for the trailing twelve months is around 1.42%, less than CNXC's 5.21% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CMI Cummins Inc.	1.42%	1.50%	2.01%	2.71%	2.49%	2.57%	2.33%	2.74%	3.32%	2.38%	2.93%	3.99%
CNXC Concentrix Corporation	5.21%	3.27%	2.87%	1.15%	0.77%	0.14%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

CMI vs. CNXC - Drawdown Comparison

The maximum CMI drawdown since its inception was -75.66%, smaller than the maximum CNXC drawdown of -87.10%. Use the drawdown chart below to compare losses from any high point for CMI and CNXC.

Drawdown Indicators

	CMI	CNXC	Difference
Max Drawdown Largest peak-to-trough decline	-75.66%	-87.10%	+11.44%
Max Drawdown (1Y) Largest decline over 1 year	-15.23%	-59.31%	+44.08%
Max Drawdown (5Y) Largest decline over 5 years	-30.48%	-87.10%	+56.62%
Max Drawdown (10Y) Largest decline over 10 years	-44.05%	—	—
Current Drawdown Current decline from peak	-8.93%	-86.10%	+77.17%
Average Drawdown Average peak-to-trough decline	-22.31%	-46.34%	+24.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.98%	28.74%	-23.76%

Volatility

CMI vs. CNXC - Volatility Comparison

The current volatility for Cummins Inc. (CMI) is 10.49%, while Concentrix Corporation (CNXC) has a volatility of 30.37%. This indicates that CMI experiences smaller price fluctuations and is considered to be less risky than CNXC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CMI	CNXC	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.49%	30.37%	-19.88%
Volatility (6M) Calculated over the trailing 6-month period	25.18%	49.07%	-23.89%
Volatility (1Y) Calculated over the trailing 1-year period	34.07%	59.06%	-24.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.09%	47.28%	-20.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.88%	49.53%	-21.65%

Financials

CMI vs. CNXC - Profitability Comparison

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

CMI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Cummins Inc. reported a gross profit of 1.95B and revenue of 8.54B. Therefore, the gross margin over that period was 22.9%.

CNXC - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Concentrix Corporation reported a gross profit of 849.66M and revenue of 2.50B. Therefore, the gross margin over that period was 34.0%.

CMI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Cummins Inc. reported an operating income of 670.00M and revenue of 8.54B, resulting in an operating margin of 7.9%.

CNXC - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Concentrix Corporation reported an operating income of 118.56M and revenue of 2.50B, resulting in an operating margin of 4.7%.

CMI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Cummins Inc. reported a net income of 593.00M and revenue of 8.54B, resulting in a net margin of 7.0%.

CNXC - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Concentrix Corporation reported a net income of 21.59M and revenue of 2.50B, resulting in a net margin of 0.9%.