WNC vs WPRT vs CMI Stock Comparison

Wabash National, Aetherion Technologies and Cummins Prices as of Oct 29, 2026 Peers: Industry group
WNC WABASH NATIONAL Corp
$13.29 +4.9% 1M +59.9% 1Y
Market cap
$541.42M
P/E
–
Revenue (TTM)
$1.52B
Div. yield
2.41%
Heavy Equipment Industrials
3 wins
CMI Cummins Inc
$517.69 -0.7% 1M +17.3% 1Y
Market cap
$71.27B
P/E
26.3x
Revenue (TTM)
$34.71B
Div. yield
1.58%
Heavy Equipment Industrials
7 wins

Head to Head

10 decided of 12

Cummins leads on 7 of the 12 questions below (Cummins 7, Wabash National 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionWNCWPRTCMILeader
Larger companyMarket capitalisation $541.42M $34.58M $71.27B CMI
Cheaper on earningsLower P/E, profitable companies only -3.9x -0.8x 26.3x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — — 16.5x –
Faster revenue growthRevenue growth, trailing twelve months -7.3% -73.4% +2.9% CMI
More profitableNet margin, trailing twelve months -9.1% -493.2% 7.8% CMI
Better return on capitalReturn on invested capital -14.8% -39.8% 13.6% CMI
Less leveragedLower net debt / EBITDA -4.7x 1.0x 0.7x WNC
Higher dividend yieldTrailing dividend yield 2.41% — 1.58% WNC
Better 1-year returnPrice return, last 12 months +59.9% -0.6% +17.3% WNC
Better 5-year returnAnnualised price return, 5 years -3.1%/yr -43.0%/yr +16.6%/yr CMI
Less volatileAnnualised volatility, 1 year 57.3% 53.5% 36.7% CMI
Higher overall scoreMean of the five percentile scores vs peers 24/100 25/100 61/100 CMI

Percentile Scorecard

WNCWPRTCMI

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

AxisWNCWPRTCMI
Valuation 21 #161 of 203 11 #180 of 203 53 #97 of 203
Growth 2 #185 of 188 31 #131 of 188 54 #88 of 188
Profitability 15 #155 of 183 4 #175 of 183 73 #51 of 183
Financial Health 9 #196 of 216 54 #100 of 216 52 #104 of 216
Shareholder Returns 72 #43 of 152 – 73 #42 of 152
Overall 24 25 61
  • WNC ranked among 222 companies in Machinery
  • WPRT ranked among 222 companies in Machinery
  • CMI ranked among 222 companies in Machinery

Price Performance

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

Returns

PeriodWNCWPRTCMISPY
1 month +4.9%-2.9%-0.7% +0.7%
3 months +7.2%+18.5%-18.2% +3.7%
6 months +52.9%+2.8%-22.8% +7.1%
Year to date +53.6%+26.8%+1.4% +12.8%
1 year +59.9%-0.6%+17.3% +11.9%
3 years -36.2%-59.8%+137.8% +85.2%
3 years, per year -13.9%-26.2%+33.5% +22.8%
5 years -14.4%-94.0%+115.8% +67.6%
5 years, per year -3.1%-43.0%+16.6% +10.9%
10 years +19.7%-87.2%+308.9% +262.0%
10 years, per year +1.8%-18.6%+15.1% +13.7%

Risk

MeasureWNCWPRTCMISPY
Volatility, 1Y 57.3%53.5%36.7% 12.7%
Downside volatility, 1Y 51.4%47.8%38.1% 12.6%
Beta vs S&P 500, 1Y 1.520.631.65 1.00
Return / volatility, 1Y 1.05-0.010.47 0.94
Max drawdown, 5Y -77.4%-96.1%-30.8% -25.4%
From 52-week high -7.2%-19.4%-28.8% -1.2%
52-week high $14.32$2.47$727.59 $779.14
52-week low $6.77$1.54$428.74 $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.

MultipleWNCWPRTCMI
P/E now vs peer median -3.9xmedian 25.8x -0.8xmedian 25.8x 26.3xmedian 25.8x
P/S now vs peer median 0.4xmedian 1.9x 4.1xmedian 1.9x 2.1xmedian 1.9x
EV/EBITDA now vs peer median -10.1xmedian 14.6x -0.5xmedian 14.6x 14.9xmedian 14.6x
P/FCF now vs peer median -3.8xmedian 22.2x -3.9xmedian 22.2x 21.2xmedian 22.2x
P/B now vs peer median 2.0xmedian 2.2x 0.7xmedian 2.2x 5.1xmedian 2.2x
PEG now vs peer median 0.10median 1.45 -0.11median 1.45 8.20median 1.45

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 monthsWNCWPRTCMI
Revenue $1.52B $8.50M $34.71B
Gross profit $13.43M $952.00K $8.79B
Operating income -$157.62M -$23.52M $3.89B
Net income -$138.69M -$41.91M $2.83B
Free cash flow -$144.30M -$8.83M $3.37B
R&D – $5.35M $1.44B
EPS (diluted) $-3.38 $-2.42 $19.60
Cash & equivalents $69.29M $23.95M $3.18B
Total debt $540.26M $972.00K $7.35B
Shares (diluted) 40.99M 17.34M 138.50M
Enterprise value $327.07M -$202.52M $68.40B

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
MetricWNCWPRTCMI
P/E -3.9x -0.8x 26.3x
P/FCF -3.8x -3.9x 21.2x
P/Operating cash flow -4.4x -4.4x 15.3x
P/S 0.4x 4.1x 2.1x
P/B 2.0x 0.7x 5.1x
P/Tangible book 2.5x 0.7x 6.1x
EV/EBITDA -10.1x -0.5x 14.9x
EV/EBIT -6.4x -0.5x 19.2x
EV/Revenue 0.7x 1.4x 2.2x
EV/FCF -7.0x -1.3x 22.2x
EV/Operating cash flow -8.2x -1.5x 16.1x
PEG (3Y EPS CAGR) 0.10 -0.11 8.20

Growth

14 metrics
MetricWNCWPRTCMI
Revenue growth (1Y) -7.3% -73.4% 2.9%
Revenue CAGR (3Y) -16.4% -70.1% 2.5%
Gross profit growth (1Y) -88.7% -72.0% 1.7%
Gross profit CAGR (3Y) -69.7% -72.0% 4.8%
Operating income growth (1Y) -142.5% -71.1% -6.0%
Operating income CAGR (3Y) -35.9% -35.5% 4.1%
Net income growth (1Y) -153.3% 21.9% -7.8%
Net income CAGR (3Y) -37.9% 7.3% 2.9%
EPS growth (1Y) -153.5% 18.0% -7.7%
EPS CAGR (3Y) -39.7% 7.7% 3.2%
Operating cash flow growth (1Y) -182.2% 55.5% 63.4%
Operating cash flow CAGR (3Y) -35.4% 10.8% 28.8%
Free cash flow growth (1Y) -330.0% 55.5% 103.8%
Free cash flow CAGR (3Y) -43.3% 27.8% 45.3%

Profitability

14 metrics
MetricWNCWPRTCMI
Gross margin 0.9% 11.2% 25.3%
EBITDA margin -6.6% -267.3% 14.4%
Operating margin -10.4% -276.7% 11.2%
Pretax margin -12.0% -423.1% 11.1%
Net margin -9.1% -493.2% 7.8%
FCF margin -9.5% -103.9% 9.7%
Operating cash flow margin -8.1% -93.2% 13.4%
Return on equity -49.0% -29.3% 20.7%
Return on assets -11.2% -19.9% 8.1%
Return on invested capital -14.8% -39.8% 13.6%
Return on capital employed -18.1% -42.2% 16.0%
Asset turnover 1.2x 0.1x 1.0x
Cash conversion (OCF / net income) 0.9x 0.2x 1.6x
Stock comp / revenue 0.7% 8.2% –

Financial Health

11 metrics
MetricWNCWPRTCMI
Debt / assets 43.8% 1.1% 20.6%
Debt / equity 2.0x 0.0x 0.5x
Net debt / EBITDA -4.7x 1.0x 0.7x
Debt / FCF -3.7x -0.1x 2.2x
Liabilities / assets 78.0% 38.5% 61.0%
Equity / assets 22.0% 61.5% 39.0%
Interest coverage -6.2x -100.9x 12.1x
Current ratio 1.4x 1.1x 1.7x
Quick ratio 0.7x 1.1x 1.0x
Cash ratio 0.2x 0.8x 0.4x
Altman Z-score 1.51 -19.47 4.49

Shareholder Returns

7 metrics
MetricWNCWPRTCMI
Dividend yield 2.4% – 1.6%
Net buyback yield 0.1% 320.2% 0.7%
Shareholder yield 2.5% 320.2% 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.

ConsensusWNCWPRTCMI
Forward P/E – – 16.5xFY2026
EPS, next fiscal year $-2.47FY2026 $-1.37FY2026 $31.39FY2026
EPS growth, next FY – – +31.9%FY2026
EPS growth, the year after – – +14.7%
Revenue, next fiscal year $1.68BFY2026 $10.34MFY2026 $35.38BFY2026
Revenue growth, next FY +9.3%FY2026 -55.7%FY2026 +5.1%FY2026
Revenue growth, the year after +13.4% +10.1% +11.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersWNCWPRTCMI
Held by institutions 91.8% 21.0% 85.4%
Institutions holding 165 47 2,107
Change in shares held, QoQ -3.6% +70.5% +1.0%
Institutions buying 84 17 1,050
Institutions selling 61 13 728
Buyers to sellers 1.38 1.31 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.

WNCWPRTCMI
WNC 1.00 0.13 0.39
WPRT 0.13 1.00 0.16
CMI 0.39 0.16 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, WNC, WPRT and CMI?

Cummins (CMI) is the largest by market capitalisation: Wabash National (WNC) $541.42M, Aetherion Technologies (WPRT) $34.58M, Cummins (CMI) $71.27B.

Which company is growing faster?

Cummins (CMI) grew revenue fastest over the trailing twelve months: Wabash National (WNC) -7.3%, Aetherion Technologies (WPRT) -73.4%, Cummins (CMI) +2.9%.

Which company is more profitable?

Cummins (CMI) has the highest net margin (Wabash National (WNC) -9.1%, Aetherion Technologies (WPRT) -493.2%, Cummins (CMI) 7.8%). On return on invested capital, Cummins (CMI) leads (Wabash National (WNC) -14.8%, Aetherion Technologies (WPRT) -39.8%, Cummins (CMI) 13.6%).

Which stock has performed better?

Over the past year Wabash National (WNC) returned the most: Wabash National (WNC) +59.9%, Aetherion Technologies (WPRT) -0.6%, Cummins (CMI) +17.3%. Over five years, Cummins (CMI) compounded fastest (Wabash National (WNC) -3.1%/yr, Aetherion Technologies (WPRT) -43.0%/yr, Cummins (CMI) +16.6%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Wabash National (WNC) has the highest dividend yield: Wabash National (WNC) 2.41%, Cummins (CMI) 1.58%. Aetherion Technologies (WPRT) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Cummins (CMI) has been the steadiest (Wabash National (WNC) 57.3%, Aetherion Technologies (WPRT) 53.5%, Cummins (CMI) 36.7%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, WNC, WPRT 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 7. 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.