WAT vs. CMI
Compare and contrast key facts about Waters Corporation (WAT) and Cummins Inc. (CMI).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WAT or CMI.
Key characteristics
| WAT | CMI | |
|---|---|---|
| YTD Return | 14.42% | 54.62% |
| 1Y Return | 41.13% | 66.81% |
| 3Y Return (Ann) | 2.92% | 18.67% |
| 5Y Return (Ann) | 11.66% | 17.54% |
| 10Y Return (Ann) | 12.88% | 12.79% |
| Sharpe Ratio | 1.33 | 2.77 |
| Sortino Ratio | 2.30 | 3.83 |
| Omega Ratio | 1.28 | 1.48 |
| Calmar Ratio | 1.18 | 4.47 |
| Martin Ratio | 4.96 | 15.88 |
| Ulcer Index | 9.20% | 4.24% |
| Daily Std Dev | 34.36% | 24.28% |
| Max Drawdown | -80.12% | -75.66% |
| Current Drawdown | -11.30% | -0.71% |
Fundamentals
| WAT | CMI | |
|---|---|---|
| Market Cap | $22.91B | $48.71B |
| EPS | $10.47 | $15.27 |
| PE Ratio | 36.85 | 23.25 |
| PEG Ratio | 3.58 | 0.71 |
| Total Revenue (TTM) | $2.91B | $34.20B |
| Gross Profit (TTM) | $1.72B | $8.41B |
| EBITDA (TTM) | $786.64M | $1.96B |
Correlation
The correlation between WAT and CMI 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
WAT vs. CMI - Performance Comparison
In the year-to-date period, WAT achieves a 14.42% return, which is significantly lower than CMI's 54.62% return. Both investments have delivered pretty close results over the past 10 years, with WAT having a 12.88% annualized return and CMI not far behind at 12.79%. 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
WAT vs. CMI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Waters Corporation (WAT) 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.
Dividends
WAT vs. CMI - Dividend Comparison
WAT has not paid dividends to shareholders, while CMI's dividend yield for the trailing twelve months is around 1.89%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
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% |
Drawdowns
WAT vs. CMI - Drawdown Comparison
The maximum WAT drawdown since its inception was -80.12%, which is greater than CMI's maximum drawdown of -75.66%. Use the drawdown chart below to compare losses from any high point for WAT and CMI. For additional features, visit the drawdowns tool.
Volatility
WAT vs. CMI - Volatility Comparison
Waters Corporation (WAT) has a higher volatility of 19.19% compared to Cummins Inc. (CMI) at 9.69%. This indicates that WAT'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.
Financials
WAT vs. CMI - Financials Comparison
This section allows you to compare key financial metrics between Waters Corporation and Cummins Inc.. 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