CMI vs. WAT
Compare and contrast key facts about Cummins Inc. (CMI) and Waters Corporation (WAT).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CMI or WAT.
Key characteristics
| CMI | WAT | |
|---|---|---|
| YTD Return | 54.62% | 14.42% |
| 1Y Return | 66.81% | 41.13% |
| 3Y Return (Ann) | 18.67% | 2.92% |
| 5Y Return (Ann) | 17.54% | 11.66% |
| 10Y Return (Ann) | 12.79% | 12.88% |
| Sharpe Ratio | 2.77 | 1.33 |
| Sortino Ratio | 3.83 | 2.30 |
| Omega Ratio | 1.48 | 1.28 |
| Calmar Ratio | 4.47 | 1.18 |
| Martin Ratio | 15.88 | 4.96 |
| Ulcer Index | 4.24% | 9.20% |
| Daily Std Dev | 24.28% | 34.36% |
| Max Drawdown | -75.66% | -80.12% |
| Current Drawdown | -0.71% | -11.30% |
Fundamentals
| CMI | WAT | |
|---|---|---|
| Market Cap | $48.71B | $22.91B |
| EPS | $15.27 | $10.47 |
| PE Ratio | 23.25 | 36.85 |
| PEG Ratio | 0.71 | 3.58 |
| Total Revenue (TTM) | $34.20B | $2.91B |
| Gross Profit (TTM) | $8.41B | $1.72B |
| EBITDA (TTM) | $1.96B | $786.64M |
Correlation
The correlation between CMI and WAT is 0.36, 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.
Performance
CMI vs. WAT - Performance Comparison
In the year-to-date period, CMI achieves a 54.62% return, which is significantly higher than WAT's 14.42% return. Both investments have delivered pretty close results over the past 10 years, with CMI having a 12.79% annualized return and WAT not far ahead at 12.88%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
CMI vs. WAT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Cummins Inc. (CMI) and Waters Corporation (WAT). 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.
Dividends
CMI vs. WAT - Dividend Comparison
CMI's dividend yield for the trailing twelve months is around 1.89%, while WAT has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CMI Cummins Inc. | 1.89% | 2.71% | 2.49% | 2.57% | 2.33% | 2.74% | 3.32% | 2.38% | 2.93% | 3.99% | 1.95% | 1.60% |
WAT Waters Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
CMI vs. WAT - Drawdown Comparison
The maximum CMI drawdown since its inception was -75.66%, smaller than the maximum WAT drawdown of -80.12%. Use the drawdown chart below to compare losses from any high point for CMI and WAT. For additional features, visit the drawdowns tool.
Volatility
CMI vs. WAT - Volatility Comparison
The current volatility for Cummins Inc. (CMI) is 9.69%, while Waters Corporation (WAT) has a volatility of 19.19%. This indicates that CMI experiences smaller price fluctuations and is considered to be less risky than WAT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
CMI vs. WAT - Financials Comparison
This section allows you to compare key financial metrics between Cummins Inc. and Waters Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities