CMI vs EQNR

Comparison between Cummins Inc (CMI, Company) and Equinor ASA (EQNR, Company).

CMI is from the Industrials sector, while EQNR is from the Energy sector.

5-Year PerformanceCMI has outperformed EQNR, delivering a return of +22.6% compared to +18.4%

CMI vs EQNR - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CMI(COMPANY)	EQNR(COMPANY)
Market Cap	$92B	$91B
Max Drawdown	75.93%	69.20%
Sharpe Ratio	2.25	1.43
5Y Beta	1.24	0.22
Industry	Specialty Industrial Machinery	Oil & Gas Integrated
P/E Ratio	30.52	16.74
Forward P/E	22.78	8.97
PEG Ratio	1.64	0.92
Dividend Yield	1.15%	4.11%
5Y Dividends CAGR	12.87%	22.42%
5Y EPS CAGR	6.04%	N/A
Debt to Equity	1.27%	73.12%
Free Cash Flow Yield	2.89%	2.27%
P/S Ratio	2.72	0.86
P/B Ratio	7.46	2.06

Market Cap

Winner

CMI

$92B

EQNR

$91B

Max Drawdown

CMI

75.93%

Winner

EQNR

69.20%

Sharpe Ratio

Winner

CMI

2.25

EQNR

1.43

5Y Beta

CMI

1.24

Winner

EQNR

0.22

Industry

CMI

Specialty Industrial Machinery

EQNR

Oil & Gas Integrated

P/E Ratio

CMI

30.52

Winner

EQNR

16.74

Forward P/E

CMI

22.78

Winner

EQNR

8.97

PEG Ratio

CMI

1.64

Winner

EQNR

0.92

Dividend Yield

CMI

1.15%

Winner

EQNR

4.11%

5Y Dividends CAGR

CMI

12.87%

Winner

EQNR

22.42%

5Y EPS CAGR

CMI

6.04%

EQNR

N/A

Debt to Equity

Winner

CMI

1.27%

EQNR

73.12%

Free Cash Flow Yield

Winner

CMI

2.89%

EQNR

2.27%

P/S Ratio

CMI

2.72

Winner

EQNR

0.86

P/B Ratio

CMI

7.46

Winner

EQNR

2.06

CMI vs EQNR - Historical Returns

Returns include dividend reinvestment.

Period	CMI	EQNR
1 month	-3.20%	-9.80%
3 months	+17.48%	+17.46%
6 months	+28.36%	+64.46%
1 year	+104.73%	+60.87%
5 years(CAGR)	+22.60%	+18.43%
10 years(CAGR)	+21.92%	+10.55%
Max(CAGR)	+18.76%	+10.55%

Winner

CMI

-3.20%

EQNR

-9.80%

Winner

CMI

+17.48%

EQNR

+17.46%

CMI

+28.36%

Winner

EQNR

+64.46%

Winner

CMI

+104.73%

EQNR

+60.87%

5Y(CAGR)

Winner

CMI

+22.60%

EQNR

+18.43%

10Y(CAGR)

Winner

CMI

+21.92%

EQNR

+10.55%

Max(CAGR)

Winner

CMI

+18.76%

EQNR

+10.55%

CMI vs EQNR - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	CMI	EQNR
2026	+25.56%	+54.01%
2025	+49.77%	+3.75%
2024	+47.90%	-15.62%
2023	+2.24%	+9.04%
2022	+13.37%	+38.58%
2021	+0.88%	+60.19%
2020	+30.26%	-15.79%
2019	+38.35%	-3.07%
2018	-22.27%	-21.04%
2017	+29.79%	N/A
2016	+57.21%	N/A
2015	-38.15%	N/A
2014	+6.08%	N/A
2013	+26.66%	N/A
2012	+21.06%	N/A
2011	-20.14%	N/A
2010	+137.11%	N/A
2009	+60.12%	N/A
2008	-56.05%	N/A
2007	+117.98%	N/A
2006	+31.56%	N/A
2005	+10.76%	N/A
2004	+75.22%	N/A
2003	+74.78%	N/A
2002	-25.25%	N/A
2001	+5.32%	N/A
2000	-16.94%	N/A
1999	-3.05%	N/A

CMI vs EQNR Drawdown Comparison

The maximum drawdown for CMI was -75.65%, occurring on Nov 20, 2008. Recovery took 469 trading sessions.

The maximum drawdown for EQNR was -66.76%, occurring on Mar 18, 2020. Recovery took 759 trading sessions.

The current CMI drawdown is -8.82%. The current EQNR drawdown is -12.02%.

Rank	CMI	EQNR
#1	-75.65% Jun 16, 2008 - Apr 27, 2010	-66.76% Sep 25, 2018 - Sep 30, 2021
#2	-60.07% Apr 10, 2002 - Aug 12, 2003	-35.49% Aug 24, 2022 - Mar 2, 2026
#3	-45.90% Jun 10, 2014 - Feb 9, 2017	-17.88% Apr 8, 2022 - Aug 11, 2022
#4	-45.05% Nov 2, 1999 - Mar 19, 2002	-16.34% Mar 30, 2026 - Apr 17, 2026
#5	-44.05% Nov 11, 2019 - Jun 8, 2020	-12.24% Oct 20, 2021 - Jan 12, 2022
#6	-39.06% Oct 15, 2007 - May 13, 2008	-11.57% Jul 10, 2018 - Sep 25, 2018
#7	-34.48% Mar 19, 2012 - Aug 12, 2013	-8.69% May 21, 2018 - Jul 9, 2018
#8	-33.03% Apr 29, 2011 - Feb 3, 2012	-7.77% Feb 11, 2022 - Mar 1, 2022
#9	-32.87% Jan 26, 2018 - Nov 8, 2019	-6.21% Jan 14, 2022 - Feb 4, 2022
#10	-30.48% Mar 15, 2021 - Jul 31, 2023	-5.36% Mar 20, 2026 - Mar 30, 2026
#11	-30.47% Feb 19, 2025 - Aug 7, 2025	-5.34% Mar 2, 2022 - Mar 17, 2022
#12	-24.05% Dec 28, 2004 - Jul 22, 2005	-4.32% Mar 25, 2022 - Mar 30, 2022
#13	-18.18% Aug 1, 2023 - Feb 15, 2024	-4.14% Oct 5, 2021 - Oct 13, 2021
#14	-17.06% Apr 19, 2004 - Jul 26, 2004	-3.45% Mar 6, 2026 - Mar 12, 2026
#15	-16.89% Oct 16, 2006 - Feb 2, 2007	-3.19% Mar 30, 2022 - Apr 8, 2022

Correlation

Correlation between CMI and EQNR is 0.72 which considered as a strong positive correlation - the stocks tend to move together.

0.72

-101

Dividend Comparison (1999 - 2026)

CMI vs EQNR dividend yield comparison.

Year	CMI	EQNR
2026	0.61%	2.06%
2025	1.50%	7.66%
2024	2.01%	12.66%
2023	2.71%	11.38%
2022	2.49%	3.30%
2021	2.57%	2.13%
2020	2.33%	4.32%
2019	2.74%	5.07%
2018	3.32%	3.26%
2017	2.38%	0.00%
2016	2.93%	0.00%
2015	3.99%	0.00%
2014	1.95%	0.00%
2013	1.60%	0.00%
2012	1.66%	0.00%
2011	1.51%	0.00%
2010	0.80%	0.00%
2009	1.53%	0.00%
2008	2.24%	0.00%
2007	0.68%	0.00%
2006	1.12%	0.00%
2005	1.34%	0.00%
2004	1.43%	0.00%
2003	2.45%	0.00%
2002	4.27%	0.00%
2001	3.11%	0.00%
2000	3.16%	0.00%
1999	0.62%	0.00%