CMI vs FSS vs GENC Stock Comparison

Cummins, Federal Signal and Gencor Industries Prices as of Oct 28, 2026 Peers: Industry group
CMI Cummins Inc
$531.67 +2.6% 1M +28.3% 1Y
Market cap
$73.19B
P/E
27.0x
Revenue (TTM)
$34.71B
Div. yield
1.54%
Heavy Equipment Industrials
4 wins
FSS Federal Signal Corp /De/
$113.43 -1.4% 1M -9.9% 1Y
Market cap
$6.92B
P/E
24.2x
Revenue (TTM)
$2.45B
Div. yield
0.52%
Heavy Equipment Industrials
5 wins
GENC Gencor Industries Inc
$17.18 -0.8% 1M +23.3% 1Y
Market cap
$211.98M
P/E
16.9x
Revenue (TTM)
$110.01M
Div. yield
–
Heavy Equipment Industrials
3 wins

Head to Head

12 decided of 12

Federal Signal leads on 5 of the 12 questions below (Federal Signal 5, Cummins 4, Gencor Industries 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCMIFSSGENCLeader
Larger companyMarket capitalisation $73.19B $6.92B $211.98M CMI
Cheaper on earningsLower P/E, profitable companies only 27.0x 24.2x 16.9x GENC
Cheaper on forward earningsLower price / next fiscal year consensus EPS 16.9x 23.1x 15.2x GENC
Faster revenue growthRevenue growth, trailing twelve months +2.9% +24.0% -6.4% FSS
More profitableNet margin, trailing twelve months 7.8% 11.7% 13.5% GENC
Better return on capitalReturn on invested capital 13.6% 15.3% — FSS
Less leveragedLower net debt / EBITDA 0.7x 0.8x — CMI
Higher dividend yieldTrailing dividend yield 1.54% 0.52% — CMI
Better 1-year returnPrice return, last 12 months +28.3% -9.9% +23.3% CMI
Better 5-year returnAnnualised price return, 5 years +17.3%/yr +21.5%/yr +9.0%/yr FSS
Less volatileAnnualised volatility, 1 year 37.1% 35.0% 38.3% FSS
Higher overall scoreMean of the five percentile scores vs peers 60/100 76/100 61/100 FSS

Percentile Scorecard

CMIFSSGENC

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

AxisCMIFSSGENC
Valuation 50 #103 of 203 54 #95 of 203 69 #64 of 203
Growth 54 #88 of 188 94 #13 of 188 41 #112 of 188
Profitability 71 #54 of 184 91 #18 of 184 37 #117 of 184
Financial Health 54 #100 of 217 76 #53 of 217 100 #2 of 217
Shareholder Returns 71 #45 of 153 66 #53 of 153 –
Overall 60 76 61
  • CMI ranked among 222 companies in Machinery
  • FSS ranked among 222 companies in Machinery
  • GENC ranked among 222 companies in Machinery

Price Performance

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

Returns

PeriodCMIFSSGENCSPY
1 month +2.6%-1.4%-0.8% +0.9%
3 months -12.3%+1.3%+18.8% +5.9%
6 months -16.8%-6.6%+18.7% +8.5%
Year to date +4.2%+4.5%+32.6% +13.3%
1 year +28.3%-9.9%+23.3% +12.4%
3 years +147.0%+98.1%+23.0% +88.1%
3 years, per year +35.2%+25.6%+7.1% +23.5%
5 years +121.7%+165.0%+53.9% +68.2%
5 years, per year +17.3%+21.5%+9.0% +11.0%
10 years +319.9%+834.3%+46.2% +263.4%
10 years, per year +15.4%+25.0%+3.9% +13.8%

Risk

MeasureCMIFSSGENCSPY
Volatility, 1Y 37.1%35.0%38.3% 12.7%
Downside volatility, 1Y 38.1%35.9%30.0% 12.7%
Beta vs S&P 500, 1Y 1.641.280.85 1.00
Return / volatility, 1Y 0.76-0.280.61 0.98
Max drawdown, 5Y -30.8%-33.3%-55.7% -25.4%
From 52-week high -26.9%-15.2%-14.7% -0.9%
52-week high $727.59$133.73$20.14 $779.14
52-week low $414.30$104.77$12.23 $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.

MultipleCMIFSSGENC
P/E now vs peer median 27.0xmedian 25.4x 24.2xmedian 25.4x 16.9xmedian 25.4x
P/S now vs peer median 2.1xmedian 1.9x 2.8xmedian 1.9x 1.9xmedian 1.9x
EV/EBITDA now vs peer median 15.3xmedian 14.3x 15.1xmedian 14.3x 3.2xmedian 14.3x
P/FCF now vs peer median 21.7xmedian 21.8x 20.4xmedian 21.8x -131.2xmedian 21.8x
P/B now vs peer median 5.3xmedian 2.2x 4.6xmedian 2.2x 0.9xmedian 2.2x
PEG now vs peer median 8.42median 1.41 0.85median 1.41 2.31median 1.41

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 monthsCMIFSSGENC
Revenue $34.71B $2.45B $110.01M
Gross profit $8.79B $714.00M $31.45M
Operating income $3.89B $395.40M $12.92M
Net income $2.83B $285.40M $14.89M
Free cash flow $3.37B $339.20M -$1.62M
R&D $1.44B – $2.73M
EPS (diluted) $19.60 $4.64 $1.02
Cash & equivalents $3.18B $62.80M $26.26M
Total debt $7.35B $453.60M –
Shares (diluted) 138.50M 61.50M 14.66M
Enterprise value $70.33B $6.67B -$391.36M

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
MetricCMIFSSGENC
P/E 27.0x 24.2x 16.9x
P/FCF 21.7x 20.4x -131.2x
P/Operating cash flow 15.8x 18.6x 193.8x
P/S 2.1x 2.8x 1.9x
P/B 5.3x 4.6x 0.9x
P/Tangible book 6.2x 6.2x 0.9x
EV/EBITDA 15.3x 15.1x 3.2x
EV/EBIT 19.7x 18.5x 3.7x
EV/Revenue 2.2x 3.0x 0.4x
EV/FCF 22.8x 21.6x -29.6x
EV/Operating cash flow 16.5x 19.6x 43.7x
PEG (3Y EPS CAGR) 8.42 0.85 2.31

Growth

14 metrics
MetricCMIFSSGENC
Revenue growth (1Y) 2.9% 24.0% -6.4%
Revenue CAGR (3Y) 2.5% 16.1% 0.8%
Gross profit growth (1Y) 1.7% 24.5% -3.3%
Gross profit CAGR (3Y) 4.8% 22.1% 4.7%
Operating income growth (1Y) -6.0% 27.8% -16.6%
Operating income CAGR (3Y) 4.1% 28.8% 2.8%
Net income growth (1Y) -7.8% 28.8% -2.0%
Net income CAGR (3Y) 2.9% 28.6% 7.3%
EPS growth (1Y) -7.7% 28.4% -2.0%
EPS CAGR (3Y) 3.2% 28.6% 7.3%
Operating cash flow growth (1Y) 63.4% 45.6% 796.7%
Operating cash flow CAGR (3Y) 28.8% 59.2% 28.4%
Free cash flow growth (1Y) 103.8% 49.8% -78.4%
Free cash flow CAGR (3Y) 45.3% 73.3% 50.4%

Profitability

14 metrics
MetricCMIFSSGENC
Gross margin 25.3% 29.2% 28.6%
EBITDA margin 14.4% 19.8% 13.7%
Operating margin 11.2% 16.2% 11.7%
Pretax margin 11.1% 15.2% 17.0%
Net margin 7.8% 11.7% 13.5%
FCF margin 9.7% 13.9% -1.5%
Operating cash flow margin 13.4% 15.2% 1.0%
Return on equity 20.7% 19.4% 6.7%
Return on assets 8.1% 11.7% 6.3%
Return on invested capital 13.6% 15.3% –
Return on capital employed 16.0% 18.5% 5.7%
Asset turnover 1.0x 1.0x 0.5x
Cash conversion (OCF / net income) 1.6x 1.3x 0.1x
Stock comp / revenue – 0.6% –

Financial Health

11 metrics
MetricCMIFSSGENC
Debt / assets 20.6% 18.6% –
Debt / equity 0.5x 0.3x –
Net debt / EBITDA 0.7x 0.8x –
Debt / FCF 2.2x 1.3x –
Liabilities / assets 61.0% 38.2% 5.9%
Equity / assets 39.0% 61.8% 94.1%
Interest coverage 12.1x 19.3x –
Current ratio 1.7x 2.7x 19.2x
Quick ratio 1.0x 1.1x 14.9x
Cash ratio 0.4x 0.2x 14.1x
Altman Z-score 4.55 7.10 11.88

Shareholder Returns

7 metrics
MetricCMIFSSGENC
Dividend yield 1.5% 0.5% –
Net buyback yield 0.6% 0.0% –
Shareholder yield 2.2% 0.5% –
Payout ratio (earnings) – 12.6% –
Payout ratio (FCF) – 10.6% –
Dividend growth (1Y) – 13.6% –
Dividend CAGR (3Y) – 17.0% –

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.

ConsensusCMIFSSGENC
Forward P/E 16.9xFY2026 23.1xFY2026 15.2xFY2026
EPS, next fiscal year $31.39FY2026 $4.92FY2026 $1.13FY2026
EPS growth, next FY +31.9%FY2026 +16.3%FY2026 +5.6%FY2026
EPS growth, the year after +14.7% +10.0% -15.9%
Revenue, next fiscal year $35.38BFY2026 $2.79BFY2026 $111.17MFY2026
Revenue growth, next FY +5.1%FY2026 +28.1%FY2026 -3.7%FY2026
Revenue growth, the year after +11.3% -5.3% +38.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCMIFSSGENC
Held by institutions 85.4% 100.0% 48.7%
Institutions holding 2,106 474 94
Change in shares held, QoQ +1.0% +3.9% -2.6%
Institutions buying 1,049 249 40
Institutions selling 728 152 33
Buyers to sellers 1.44 1.64 1.21

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.

CMIFSSGENC
CMI 1.00 0.44 0.29
FSS 0.44 1.00 0.25
GENC 0.29 0.25 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, CMI, FSS and GENC?

Cummins (CMI) is the largest by market capitalisation: Cummins (CMI) $73.19B, Federal Signal (FSS) $6.92B, Gencor Industries (GENC) $211.98M.

Which stock is cheaper, CMI, FSS and GENC?

Gencor Industries (GENC) trades on the lowest price-to-earnings ratio (Cummins (CMI) 27.0x, Federal Signal (FSS) 24.2x, Gencor Industries (GENC) 16.9x). On next year's consensus earnings, Gencor Industries (GENC) is cheapest (Cummins (CMI) 16.9x, Federal Signal (FSS) 23.1x, Gencor Industries (GENC) 15.2x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Federal Signal (FSS) grew revenue fastest over the trailing twelve months: Cummins (CMI) +2.9%, Federal Signal (FSS) +24.0%, Gencor Industries (GENC) -6.4%.

Which company is more profitable?

Gencor Industries (GENC) has the highest net margin (Cummins (CMI) 7.8%, Federal Signal (FSS) 11.7%, Gencor Industries (GENC) 13.5%). On return on invested capital, Federal Signal (FSS) leads (Cummins (CMI) 13.6%, Federal Signal (FSS) 15.3%).

Which stock has performed better?

Over the past year Cummins (CMI) returned the most: Cummins (CMI) +28.3%, Federal Signal (FSS) -9.9%, Gencor Industries (GENC) +23.3%. Over five years, Federal Signal (FSS) compounded fastest (Cummins (CMI) +17.3%/yr, Federal Signal (FSS) +21.5%/yr, Gencor Industries (GENC) +9.0%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Cummins (CMI) has the highest dividend yield: Cummins (CMI) 1.54%, Federal Signal (FSS) 0.52%. Gencor Industries (GENC) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Federal Signal (FSS) has been the steadiest (Cummins (CMI) 37.1%, Federal Signal (FSS) 35.0%, Gencor Industries (GENC) 38.3%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CMI, FSS and GENC?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Federal Signal (FSS) leads on 5. 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.