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Compare · CMI vs MLAB

CMI vs MLAB

Side-by-side comparison of Cummins Inc. (CMI) and Mesa Laboratories Inc. (MLAB): market cap, price performance, sector, and recent activity on the wire.

Summary

  • Both CMI and MLAB operate in Industrial Machinery/Components (Industrials), so they compete in similar markets.
  • CMI is the larger of the two at $89.23B, about 158.3x MLAB ($563.6M).
  • Over the past year, CMI is up 103.1% and MLAB is up 4.5% - CMI leads by 98.5 points.
  • CMI has been more active in the news (28 items in the past 4 weeks vs 3 for MLAB).
  • CMI has more recent analyst coverage (25 ratings vs 3 for MLAB).
PerformanceCMI+103.05%MLAB+4.52%
2025-06-02+0.00%2026-06-01
MetricCMIMLAB
Company
Cummins Inc.
Mesa Laboratories Inc.
Price
$643.63-0.49%
$104.66+3.04%
Market cap
$89.23B
$563.6M
1M return
-4.26%
+4.35%
1Y return
+103.05%
+4.52%
Industry
Industrial Machinery/Components
Industrial Machinery/Components
Exchange
NYSE
NASDAQ
IPO
News (4w)
28
3
Recent ratings
25
3
CMI

Cummins Inc.

Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, electric and hybrid powertrains, and related components worldwide. It operates through five segments: Engine, Distribution, Components, Power Systems, and New Power. The company offers diesel and natural gas powered engines under the Cummins and other customer brands for the heavy and medium-duty truck, bus, recreational vehicle, light-duty automotive, construction, mining, marine, rail, oil and gas, defense, and agricultural markets; and offers new parts and services, as well as remanufactured parts and engines. It also provides power generation systems, high-horsepower engines, heavy and medium duty engines, application engineering services, custom-designed assemblies, retail and wholesale aftermarket parts, and in-shop and field-based repair services. In addition, the company offers emission solutions; turbochargers; air and fuel filters, fuel water separators, lube and hydraulic filters, coolants, fuel additives, and other filtration systems; and electronic control modules, sensors, and supporting software, as well as new, replacement, and remanufactured fuel systems. Further, it provides automated transmissions; standby and prime power generators, controls, paralleling systems, and transfer switches, as well as A/C generator/alternator products under the Stamford and AVK brands; and electrified power systems with components and subsystems, including battery, fuel cell, and hydrogen production technologies. Additionally, it offers filtration, aftertreatment, controls systems, air handling systems, automated transmissions, and electric power generation systems. The company sells its products to original equipment manufacturers, distributors, dealers, and other customers. The company was formerly known as Cummins Engine Company and changed its name to Cummins Inc. in 2001. Cummins Inc. was founded in 1919 and is headquartered in Columbus, Indiana.

MLAB

Mesa Laboratories Inc.

Mesa Laboratories, Inc. designs, manufactures, and markets quality control instruments and disposable products in the United States, Europe, Asia, North America, and internationally. The company's Sterilization and Disinfection Control segment manufactures and sells biological, cleaning, and chemical indicators that are used to assess the effectiveness of sterilization and disinfection processes in the hospital, dental, medical device, and pharmaceutical industries. This segment also provides testing and laboratory services primarily to the dental industry. The company's Instruments segment designs, manufactures, and markets quality control hardware and disposable products used in the healthcare, pharmaceutical, food and beverage, medical device, industrial hygiene, and environmental air sampling industries. This segment's products include dialysate meters and calibration solutions, data loggers, gas flow calibration and air sampling equipment, and torque testing systems. The company's Biopharmaceutical Development segment develops, manufactures, and sells automated systems for protein analysis (immunoassays) and peptide synthesis solutions. This segment's solutions include protein analysis comprising analysis equipment, CDs, kits, and buffers; and peptide synthesizers that enables to automate chemically synthesized peptides that are used in the creation of peptide therapies, biomaterials, cosmetics, and general research. The company's Continuous Monitoring segment designs, develops, and markets systems, which are used to monitor various environmental parameters, such as temperature, humidity, and differential pressure to ensure that critical storage and processing conditions are maintained in hospitals, pharmaceutical and medical device manufacturers, blood banks, pharmacies, and laboratory environments. The company was incorporated in 1982 and is headquartered in Lakewood, Colorado.

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