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Side-by-side financial comparison of Cummins (CMI) and ENTERPRISE PRODUCTS PARTNERS L.P. (EPD). Click either name above to swap in a different company.

ENTERPRISE PRODUCTS PARTNERS L.P. is the larger business by last-quarter revenue ($14.4B vs $8.4B, roughly 1.7× Cummins). ENTERPRISE PRODUCTS PARTNERS L.P. runs the higher net margin — 10.4% vs 7.8%, a 2.6% gap on every dollar of revenue. On growth, Cummins posted the faster year-over-year revenue change (2.7% vs -6.7%). Over the past eight quarters, ENTERPRISE PRODUCTS PARTNERS L.P.'s revenue compounded faster (3.3% CAGR vs -2.3%).

Cummins Inc. is an American multinational corporation that designs, manufactures, and distributes diesel engines, electric vehicle components, and power generation products. Cummins also services engines and related equipment, including fuel systems, air handling systems controls, filtration, emission control, electrical power generation systems, and engine control units.

Enterprise Products Partners L.P. is an American midstream natural gas and crude oil pipeline company with headquarters in Houston, Texas. It acquired GulfTerra in September 2004. The company ranked No. 105 in the 2018 Fortune 500 list of the largest United States corporations by total revenue. Dan Duncan was the majority owner until his death in 2010.

CMI vs EPD — Head-to-Head

Bigger by revenue
EPD
EPD
1.7× larger
EPD
$14.4B
$8.4B
CMI
Growing faster (revenue YoY)
CMI
CMI
+9.4% gap
CMI
2.7%
-6.7%
EPD
Higher net margin
EPD
EPD
2.6% more per $
EPD
10.4%
7.8%
CMI
Faster 2-yr revenue CAGR
EPD
EPD
Annualised
EPD
3.3%
-2.3%
CMI

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
CMI
CMI
EPD
EPD
Revenue
$8.4B
$14.4B
Net Profit
$654.0M
$1.5B
Gross Margin
26.7%
Operating Margin
11.3%
13.2%
Net Margin
7.8%
10.4%
Revenue YoY
2.7%
-6.7%
Net Profit YoY
-20.6%
6.4%
EPS (diluted)
$4.71

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CMI
CMI
EPD
EPD
Q1 26
$8.4B
$14.4B
Q4 25
$8.5B
$13.8B
Q3 25
$8.3B
$12.0B
Q2 25
$8.6B
$11.4B
Q1 25
$8.2B
$15.4B
Q4 24
$8.4B
$14.2B
Q3 24
$8.5B
$13.8B
Q2 24
$8.8B
$13.5B
Net Profit
CMI
CMI
EPD
EPD
Q1 26
$654.0M
$1.5B
Q4 25
$620.0M
$1.6B
Q3 25
$559.0M
$1.3B
Q2 25
$928.0M
$1.4B
Q1 25
$850.0M
$1.4B
Q4 24
$445.0M
$1.6B
Q3 24
$843.0M
$1.4B
Q2 24
$752.0M
$1.4B
Gross Margin
CMI
CMI
EPD
EPD
Q1 26
26.7%
Q4 25
22.9%
27.0%
Q3 25
25.6%
28.6%
Q2 25
26.4%
30.5%
Q1 25
26.4%
22.1%
Q4 24
24.1%
25.3%
Q3 24
25.7%
24.6%
Q2 24
24.9%
24.5%
Operating Margin
CMI
CMI
EPD
EPD
Q1 26
11.3%
13.2%
Q4 25
9.5%
14.7%
Q3 25
10.2%
14.0%
Q2 25
14.2%
15.8%
Q1 25
13.9%
11.4%
Q4 24
8.7%
13.9%
Q3 24
12.4%
12.9%
Q2 24
11.9%
13.1%
Net Margin
CMI
CMI
EPD
EPD
Q1 26
7.8%
10.4%
Q4 25
7.3%
11.9%
Q3 25
6.7%
11.1%
Q2 25
10.7%
12.6%
Q1 25
10.4%
9.0%
Q4 24
5.3%
11.4%
Q3 24
10.0%
10.3%
Q2 24
8.5%
10.4%
EPS (diluted)
CMI
CMI
EPD
EPD
Q1 26
$4.71
Q4 25
$4.25
Q3 25
$3.86
Q2 25
$6.43
Q1 25
$5.96
Q4 24
$3.22
Q3 24
$5.86
Q2 24
$5.26

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CMI
CMI
EPD
EPD
Cash + ST InvestmentsLiquidity on hand
$2.6B
Total DebtLower is stronger
$6.9B
Stockholders' EquityBook value
$13.4B
Total Assets
$34.4B
Debt / EquityLower = less leverage
0.51×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CMI
CMI
EPD
EPD
Q1 26
$2.6B
Q4 25
$4.4B
$969.0M
Q3 25
$3.2B
$206.0M
Q2 25
$3.1B
$870.0M
Q1 25
$2.2B
$220.0M
Q4 24
$2.3B
$583.0M
Q3 24
$2.3B
$1.4B
Q2 24
$2.2B
$138.0M
Total Debt
CMI
CMI
EPD
EPD
Q1 26
$6.9B
Q4 25
$6.8B
Q3 25
$6.8B
Q2 25
$6.8B
Q1 25
$4.8B
Q4 24
$4.8B
Q3 24
$4.9B
Q2 24
$5.4B
Stockholders' Equity
CMI
CMI
EPD
EPD
Q1 26
$13.4B
Q4 25
$12.3B
Q3 25
$12.1B
Q2 25
$11.8B
Q1 25
$10.9B
Q4 24
$10.3B
Q3 24
$10.3B
Q2 24
$9.6B
Total Assets
CMI
CMI
EPD
EPD
Q1 26
$34.4B
Q4 25
$34.0B
$77.9B
Q3 25
$33.6B
$77.8B
Q2 25
$34.3B
$77.4B
Q1 25
$32.5B
$75.4B
Q4 24
$31.5B
$77.2B
Q3 24
$32.1B
$75.1B
Q2 24
$31.3B
$73.6B
Debt / Equity
CMI
CMI
EPD
EPD
Q1 26
0.51×
Q4 25
0.55×
Q3 25
0.57×
Q2 25
0.58×
Q1 25
0.44×
Q4 24
0.47×
Q3 24
0.47×
Q2 24
0.57×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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