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Compare · CMI vs VECO

CMI vs VECO

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

Summary

  • CMI operates in Industrials, while VECO operates in Technology - the two are in different parts of the market.
  • CMI is the larger of the two at $92.77B, about 30.8x VECO ($3.01B).
  • Over the past year, CMI is up 128.2% and VECO is up 164.6% - VECO leads by 36.4 points.
  • Both names hit the wire about 1 times in the past 4 weeks.
  • CMI has more recent analyst coverage (25 ratings vs 11 for VECO).
PerformanceCMI+128.17%VECO+164.56%
2025-05-01+0.00%2026-04-30
MetricCMIVECO
Company
Cummins Inc.
Veeco Instruments Inc.
Price
$672.29+5.18%
$49.87+4.35%
Market cap
$92.77B
$3.01B
1M return
+24.97%
+47.24%
1Y return
+128.17%
+164.56%
Industry
Industrial Machinery/Components
Industrial Machinery/Components
Exchange
NYSE
NASDAQ
IPO
1994
News (4w)
1
1
Recent ratings
25
11
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.

VECO

Veeco Instruments Inc.

Veeco Instruments Inc., together with its subsidiaries, develops, manufactures, sells, and supports semiconductor and thin film process equipment primarily to make electronic devices worldwide. The company offers laser annealing, ion beam deposition and etch, metal organic chemical vapor deposition, single wafer wet processing and surface preparation, molecular beam epitaxy, and atomic layer deposition and other deposition systems, as well as packaging lithography equipment. Its process equipment systems are used in the production of a range of microelectronic components, including logic, dynamic random-access memory, photonics devices, power electronics, radio frequency filters and amplifiers, thin film magnetic heads, and other semiconductor devices. The company markets and sells its products to integrated device manufacturers and foundries; outsourced semiconductor assembly and test, hard disk drive, and photonics manufacturers; and research centers and universities. Veeco Instruments Inc. was founded in 1945 and is headquartered in Plainview, New York.

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