vs

Side-by-side financial comparison of Cummins (CMI) and PILGRIMS PRIDE CORP (PPC). Click either name above to swap in a different company.

Cummins is the larger business by last-quarter revenue ($8.5B vs $4.5B, roughly 1.9× PILGRIMS PRIDE CORP). Cummins runs the higher net margin — 7.3% vs 1.9%, a 5.3% gap on every dollar of revenue. On growth, PILGRIMS PRIDE CORP posted the faster year-over-year revenue change (3.3% vs 1.1%). Cummins produced more free cash flow last quarter ($990.0M vs $10.0M). Over the past eight quarters, PILGRIMS PRIDE CORP's revenue compounded faster (1.8% CAGR vs 0.8%).

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.

Pilgrim's Pride Corporation is an American, multi-national food company, currently one of the largest chicken producers in the United States and Puerto Rico and the second-largest chicken producer in Mexico. It exited bankruptcy in December 2009 and relocated its U.S. headquarters to Greeley, Colorado, in 2011. It is majority-owned by JBS S.A. Pilgrim's Pride purchased Gold'n Plump for $350 million in late November 2016.

CMI vs PPC — Head-to-Head

Bigger by revenue
CMI
CMI
1.9× larger
CMI
$8.5B
$4.5B
PPC
Growing faster (revenue YoY)
PPC
PPC
+2.3% gap
PPC
3.3%
1.1%
CMI
Higher net margin
CMI
CMI
5.3% more per $
CMI
7.3%
1.9%
PPC
More free cash flow
CMI
CMI
$980.0M more FCF
CMI
$990.0M
$10.0M
PPC
Faster 2-yr revenue CAGR
PPC
PPC
Annualised
PPC
1.8%
0.8%
CMI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CMI
CMI
PPC
PPC
Revenue
$8.5B
$4.5B
Net Profit
$620.0M
$88.0M
Gross Margin
22.9%
9.5%
Operating Margin
9.5%
4.5%
Net Margin
7.3%
1.9%
Revenue YoY
1.1%
3.3%
Net Profit YoY
39.3%
-62.7%
EPS (diluted)
$4.25
$0.37

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
PPC
PPC
Q4 25
$8.5B
$4.5B
Q3 25
$8.3B
$4.8B
Q2 25
$8.6B
$4.8B
Q1 25
$8.2B
$4.5B
Q4 24
$8.4B
$4.4B
Q3 24
$8.5B
$4.6B
Q2 24
$8.8B
$4.6B
Q1 24
$8.4B
$4.4B
Net Profit
CMI
CMI
PPC
PPC
Q4 25
$620.0M
$88.0M
Q3 25
$559.0M
$342.8M
Q2 25
$928.0M
$355.5M
Q1 25
$850.0M
$296.0M
Q4 24
$445.0M
$235.9M
Q3 24
$843.0M
$349.9M
Q2 24
$752.0M
$326.3M
Q1 24
$2.0B
$174.4M
Gross Margin
CMI
CMI
PPC
PPC
Q4 25
22.9%
9.5%
Q3 25
25.6%
13.9%
Q2 25
26.4%
15.0%
Q1 25
26.4%
12.4%
Q4 24
24.1%
12.7%
Q3 24
25.7%
14.9%
Q2 24
24.9%
15.2%
Q1 24
24.3%
8.8%
Operating Margin
CMI
CMI
PPC
PPC
Q4 25
9.5%
4.5%
Q3 25
10.2%
10.4%
Q2 25
14.2%
10.8%
Q1 25
13.9%
9.1%
Q4 24
8.7%
7.0%
Q3 24
12.4%
11.1%
Q2 24
11.9%
9.7%
Q1 24
11.0%
5.7%
Net Margin
CMI
CMI
PPC
PPC
Q4 25
7.3%
1.9%
Q3 25
6.7%
7.2%
Q2 25
10.7%
7.5%
Q1 25
10.4%
6.6%
Q4 24
5.3%
5.4%
Q3 24
10.0%
7.6%
Q2 24
8.5%
7.2%
Q1 24
24.1%
4.0%
EPS (diluted)
CMI
CMI
PPC
PPC
Q4 25
$4.25
$0.37
Q3 25
$3.86
$1.44
Q2 25
$6.43
$1.49
Q1 25
$5.96
$1.24
Q4 24
$3.22
$1.00
Q3 24
$5.86
$1.47
Q2 24
$5.26
$1.37
Q1 24
$14.03
$0.73

Balance Sheet & Financial Strength

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

Metric
CMI
CMI
PPC
PPC
Cash + ST InvestmentsLiquidity on hand
$4.4B
$640.2M
Total DebtLower is stronger
$6.8B
$3.1B
Stockholders' EquityBook value
$12.3B
$3.7B
Total Assets
$34.0B
$10.3B
Debt / EquityLower = less leverage
0.55×
0.84×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CMI
CMI
PPC
PPC
Q4 25
$4.4B
$640.2M
Q3 25
$3.2B
$612.6M
Q2 25
$3.1B
$849.0M
Q1 25
$2.2B
$2.1B
Q4 24
$2.3B
$2.0B
Q3 24
$2.3B
$1.9B
Q2 24
$2.2B
$1.3B
Q1 24
$3.1B
$870.8M
Total Debt
CMI
CMI
PPC
PPC
Q4 25
$6.8B
$3.1B
Q3 25
$6.8B
$3.1B
Q2 25
$6.8B
$3.1B
Q1 25
$4.8B
$3.2B
Q4 24
$4.8B
$3.2B
Q3 24
$4.9B
$3.2B
Q2 24
$5.4B
$3.2B
Q1 24
$5.8B
$3.3B
Stockholders' Equity
CMI
CMI
PPC
PPC
Q4 25
$12.3B
$3.7B
Q3 25
$12.1B
$3.5B
Q2 25
$11.8B
$3.7B
Q1 25
$10.9B
$3.1B
Q4 24
$10.3B
$4.2B
Q3 24
$10.3B
$4.2B
Q2 24
$9.6B
$3.7B
Q1 24
$9.1B
$3.5B
Total Assets
CMI
CMI
PPC
PPC
Q4 25
$34.0B
$10.3B
Q3 25
$33.6B
$10.0B
Q2 25
$34.3B
$10.1B
Q1 25
$32.5B
$11.0B
Q4 24
$31.5B
$10.7B
Q3 24
$32.1B
$10.7B
Q2 24
$31.3B
$10.1B
Q1 24
$31.8B
$9.8B
Debt / Equity
CMI
CMI
PPC
PPC
Q4 25
0.55×
0.84×
Q3 25
0.57×
0.87×
Q2 25
0.58×
0.83×
Q1 25
0.44×
1.02×
Q4 24
0.47×
0.76×
Q3 24
0.47×
0.76×
Q2 24
0.57×
0.85×
Q1 24
0.64×
0.96×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CMI
CMI
PPC
PPC
Operating Cash FlowLast quarter
$1.5B
$291.2M
Free Cash FlowOCF − Capex
$990.0M
$10.0M
FCF MarginFCF / Revenue
11.6%
0.2%
Capex IntensityCapex / Revenue
6.4%
6.2%
Cash ConversionOCF / Net Profit
2.47×
3.31×
TTM Free Cash FlowTrailing 4 quarters
$2.4B
$653.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CMI
CMI
PPC
PPC
Q4 25
$1.5B
$291.2M
Q3 25
$1.3B
$458.3M
Q2 25
$785.0M
$495.2M
Q1 25
$-3.0M
$126.9M
Q4 24
$1.4B
$349.3M
Q3 24
$640.0M
$651.1M
Q2 24
$-851.0M
$718.6M
Q1 24
$276.0M
$271.0M
Free Cash Flow
CMI
CMI
PPC
PPC
Q4 25
$990.0M
$10.0M
Q3 25
$1.0B
$275.9M
Q2 25
$554.0M
$339.1M
Q1 25
$-165.0M
$28.1M
Q4 24
$882.0M
$176.6M
Q3 24
$381.0M
$565.3M
Q2 24
$-1.1B
$617.7M
Q1 24
$107.0M
$171.9M
FCF Margin
CMI
CMI
PPC
PPC
Q4 25
11.6%
0.2%
Q3 25
12.1%
5.8%
Q2 25
6.4%
7.1%
Q1 25
-2.0%
0.6%
Q4 24
10.4%
4.0%
Q3 24
4.5%
12.3%
Q2 24
-12.4%
13.5%
Q1 24
1.3%
3.9%
Capex Intensity
CMI
CMI
PPC
PPC
Q4 25
6.4%
6.2%
Q3 25
3.6%
3.8%
Q2 25
2.7%
3.3%
Q1 25
2.0%
2.2%
Q4 24
6.4%
4.0%
Q3 24
3.1%
1.9%
Q2 24
2.7%
2.2%
Q1 24
2.0%
2.3%
Cash Conversion
CMI
CMI
PPC
PPC
Q4 25
2.47×
3.31×
Q3 25
2.33×
1.34×
Q2 25
0.85×
1.39×
Q1 25
-0.00×
0.43×
Q4 24
3.20×
1.48×
Q3 24
0.76×
1.86×
Q2 24
-1.13×
2.20×
Q1 24
0.14×
1.55×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CMI
CMI

Other$2.9B34%
Parts$1.0B12%
Mediumdutytruckandbus$638.0M7%
Heavydutytruck$623.0M7%
Intersegmentsales$620.0M7%
PSBU Power Generation$577.0M7%
Related Party$469.0M5%
Services$449.0M5%
Lightdutyautomotive$440.0M5%
Industrial$333.0M4%
Offhighway$279.0M3%
Generatortechnologies$152.0M2%

PPC
PPC

Retail$1.5B33%
Europe Reportable Segment$1.4B31%
Food Service$889.2M20%
Prepared Product$332.8M7%
Product Export$122.7M3%
Other Sales Channel$96.0M2%
Other Product And Service$79.7M2%
Related Party$21.7M0%
Seara Meats B.V.$18.9M0%
Penasul UKLTD$10.3M0%
JBSUSA Food Company$5.4M0%

Related Comparisons