AMSC vs BW vs CMI Stock Comparison

American Superconductor, Babcock & Wilcox Enterprises and Cummins Prices as of Oct 27, 2026 Peers: Industry group
CMI Cummins Inc
$530.34 +1.0% 1M +26.0% 1Y
Market cap
$73.01B
P/E
26.9x
Revenue (TTM)
$34.71B
Div. yield
1.55%
Heavy Equipment Industrials
6 wins

Head to Head

10 decided of 12

Cummins leads on 6 of the 12 questions below (Cummins 6, Babcock & Wilcox Enterprises 4). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAMSCBWCMILeader
Larger companyMarket capitalisation $1.32B $677.78M $73.01B CMI
Cheaper on earningsLower P/E, profitable companies only — -19.5x 26.9x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 30.7x 32.5x 16.9x CMI
Faster revenue growthRevenue growth, trailing twelve months — +42.6% +2.9% BW
More profitableNet margin, trailing twelve months — -4.0% 7.8% CMI
Better return on capitalReturn on invested capital — 14.3% 13.6% BW
Less leveragedLower net debt / EBITDA — -2.8x 0.7x BW
Higher dividend yieldTrailing dividend yield — — 1.55% –
Better 1-year returnPrice return, last 12 months -52.2% +39.6% +26.0% BW
Better 5-year returnAnnualised price return, 5 years +8.7%/yr -7.6%/yr +16.9%/yr CMI
Less volatileAnnualised volatility, 1 year 85.9% 114.7% 37.1% CMI
Higher overall scoreMean of the five percentile scores vs peers — 51/100 59/100 CMI

Percentile Scorecard

AMSCBWCMI

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisAMSCBWCMI
Valuation – 63 #23 of 61 50 #103 of 203
Growth – 70 #18 of 58 52 #90 of 188
Profitability – 72 #16 of 55 71 #54 of 183
Financial Health 76 #18 of 71 37 #45 of 71 52 #104 of 217
Shareholder Returns – 10 #27 of 30 69 #48 of 153
Overall – 51 59
  • AMSC ranked among 71 companies in Clean Energy Equipment
  • BW ranked among 71 companies in Clean Energy Equipment
  • CMI ranked among 222 companies in Machinery

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodAMSCBWCMISPY
1 month -7.9%-27.5%+1.0% -0.2%
3 months -3.9%-48.4%-17.3% +3.9%
6 months -41.8%-68.9%-17.5% +8.2%
Year to date -4.0%-28.2%+3.9% +12.9%
1 year -52.2%+39.6%+26.0% +12.3%
3 years +344.9%+93.6%+146.4% +87.4%
3 years, per year +64.5%+24.7%+35.1% +23.3%
5 years +51.8%-32.8%+118.5% +67.9%
5 years, per year +8.7%-7.6%+16.9% +10.9%
10 years +302.2%-97.1%+320.0% +261.1%
10 years, per year +14.9%-29.7%+15.4% +13.7%

Risk

MeasureAMSCBWCMISPY
Volatility, 1Y 85.9%114.7%37.1% 12.7%
Downside volatility, 1Y 98.8%103.5%38.0% 12.7%
Beta vs S&P 500, 1Y 3.473.331.64 1.00
Return / volatility, 1Y -0.610.340.70 0.97
Max drawdown, 5Y -82.9%-97.4%-30.8% -25.4%
From 52-week high -56.1%-79.2%-27.1% -1.2%
52-week high $63.01$21.85$727.59 $779.14
52-week low $25.01$3.16$414.30 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleAMSCBWCMI
P/E now vs peer median —median 27.2x -19.5xmedian 27.2x 26.9xmedian 25.2x
P/S now vs peer median —median 2.4x 0.8xmedian 2.4x 2.1xmedian 1.9x
EV/EBITDA now vs peer median —median 18.4x 16.1xmedian 18.4x 15.2xmedian 14.0x
P/FCF now vs peer median —median 28.6x -11.7xmedian 28.6x 21.7xmedian 21.7x
P/B now vs peer median 2.4xmedian 1.7x 11.8xmedian 1.7x 5.3xmedian 2.3x
PEG now vs peer median —median 0.79 -0.79median 0.79 8.40median 1.32

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsAMSCBWCMI
Revenue – $821.95M $34.71B
Gross profit – $160.14M $8.79B
Operating income – $22.49M $3.89B
Net income – -$18.35M $2.83B
Free cash flow – -$58.17M $3.37B
R&D – – $1.44B
EPS (diluted) – $-0.21 $19.60
Cash & equivalents $140.69M $308.63M $3.18B
Total debt – $209.43M $7.35B
Shares (diluted) 44.94M 154.51M 138.50M
Enterprise value $612.98M $148.75M $70.14B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricAMSCBWCMI
P/E – -19.5x 26.9x
P/FCF – -11.7x 21.7x
P/Operating cash flow – -19.5x 15.7x
P/S – 0.8x 2.1x
P/B 2.4x 11.8x 5.3x
P/Tangible book 2.4x 15.4x 6.2x
EV/EBITDA – 16.1x 15.2x
EV/EBIT – 25.7x 19.6x
EV/Revenue – 0.7x 2.2x
EV/FCF – -9.9x 22.7x
EV/Operating cash flow – -16.7x 16.4x
PEG (3Y EPS CAGR) – -0.79 8.40

Growth

14 metrics
MetricAMSCBWCMI
Revenue growth (1Y) – 42.6% 2.9%
Revenue CAGR (3Y) – 3.5% 2.5%
Gross profit growth (1Y) – 20.7% 1.7%
Gross profit CAGR (3Y) – -2.8% 4.8%
Operating income growth (1Y) – 879.4% -6.0%
Operating income CAGR (3Y) – 17.5% 4.1%
Net income growth (1Y) – 87.7% -7.8%
Net income CAGR (3Y) – 17.3% 2.9%
EPS growth (1Y) – 87.1% -7.7%
EPS CAGR (3Y) – 24.6% 3.2%
Operating cash flow growth (1Y) – 72.4% 63.4%
Operating cash flow CAGR (3Y) – -73.7% 28.8%
Free cash flow growth (1Y) – 57.3% 103.8%
Free cash flow CAGR (3Y) – -120.7% 45.3%

Profitability

14 metrics
MetricAMSCBWCMI
Gross margin – 19.5% 25.3%
EBITDA margin – 4.4% 14.4%
Operating margin – 2.7% 11.2%
Pretax margin – -8.8% 11.1%
Net margin – -4.0% 7.8%
FCF margin – -7.1% 9.7%
Operating cash flow margin – -4.2% 13.4%
Return on equity – – 20.7%
Return on assets – -8.9% 8.1%
Return on invested capital – 14.3% 13.6%
Return on capital employed – 5.9% 16.0%
Asset turnover – 0.9x 1.0x
Cash conversion (OCF / net income) – 1.9x 1.6x
Stock comp / revenue – 2.0% –

Financial Health

11 metrics
MetricAMSCBWCMI
Debt / assets – 21.0% 20.6%
Debt / equity – 3.7x 0.5x
Net debt / EBITDA – -2.8x 0.7x
Debt / FCF – -3.6x 2.2x
Liabilities / assets 24.9% 94.3% 61.0%
Equity / assets 75.1% 5.7% 39.0%
Interest coverage – 0.9x 12.1x
Current ratio 2.4x 1.5x 1.7x
Quick ratio 1.6x 1.1x 1.0x
Cash ratio 1.0x 0.6x 0.4x
Altman Z-score – -0.88 4.54

Shareholder Returns

7 metrics
MetricAMSCBWCMI
Dividend yield – – 1.5%
Net buyback yield – -56.7% 0.6%
Shareholder yield – -56.7% 2.2%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusAMSCBWCMI
Forward P/E 30.7xFY2026 32.5xFY2026 16.9xFY2026
EPS, next fiscal year $0.90FY2026 $0.14FY2026 $31.39FY2026
EPS growth, next FY -75.0%FY2026 – +31.9%FY2026
EPS growth, the year after +40.0% +221.4% +14.7%
Revenue, next fiscal year $383.43MFY2026 $1.01BFY2026 $35.38BFY2026
Revenue growth, next FY +28.2%FY2026 +71.1%FY2026 +5.1%FY2026
Revenue growth, the year after +15.7% +35.9% +11.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAMSCBWCMI
Held by institutions 73.7% 88.0% 85.4%
Institutions holding 277 200 2,106
Change in shares held, QoQ +6.4% +24.0% +1.0%
Institutions buying 173 146 1,049
Institutions selling 77 41 728
Buyers to sellers 2.25 3.56 1.44

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

AMSCBWCMI
AMSC 1.00 0.29 0.36
BW 0.29 1.00 0.42
CMI 0.36 0.42 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, AMSC, BW and CMI?

Cummins (CMI) is the largest by market capitalisation: American Superconductor (AMSC) $1.32B, Babcock & Wilcox Enterprises (BW) $677.78M, Cummins (CMI) $73.01B.

Which company is growing faster?

Babcock & Wilcox Enterprises (BW) grew revenue fastest over the trailing twelve months: Babcock & Wilcox Enterprises (BW) +42.6%, Cummins (CMI) +2.9%.

Which company is more profitable?

Cummins (CMI) has the highest net margin (Babcock & Wilcox Enterprises (BW) -4.0%, Cummins (CMI) 7.8%). On return on invested capital, Babcock & Wilcox Enterprises (BW) leads (Babcock & Wilcox Enterprises (BW) 14.3%, Cummins (CMI) 13.6%).

Which stock has performed better?

Over the past year Babcock & Wilcox Enterprises (BW) returned the most: American Superconductor (AMSC) -52.2%, Babcock & Wilcox Enterprises (BW) +39.6%, Cummins (CMI) +26.0%. Over five years, Cummins (CMI) compounded fastest (American Superconductor (AMSC) +8.7%/yr, Babcock & Wilcox Enterprises (BW) -7.6%/yr, Cummins (CMI) +16.9%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Cummins (CMI) 1.55%. American Superconductor (AMSC) and Babcock & Wilcox Enterprises (BW) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Cummins (CMI) has been the steadiest (American Superconductor (AMSC) 85.9%, Babcock & Wilcox Enterprises (BW) 114.7%, Cummins (CMI) 37.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, AMSC, BW and CMI?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Cummins (CMI) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.