Cummins Inc.

Cummins Inc.

CMI
Cummins Inc.US flagNew York Stock Exchange
669.23
USD
-3.45
- -
92.35BMarket Cap
Cummins Inc.
CMI
(New York Stock Exchange)

Recent

price

669.23

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
67.24
93.51
91.57
92.52
105.21
107.36
103.6
122.62
146.55
151.68
133.68
166.12
198.4
240.4
246.76
244.16
245.48
Revenue per Share
5.29
9.58
8.69
7.93
9.04
7.86
8.25
6
13.2
14.54
12.07
14.74
15.2
5.19
28.55
20.62
19.36
Basic EPS, GAAP
4.9
10.43
7.63
10.83
12.1
11.29
11.1
13.18
14.2
19.99
18.05
15.24
13.87
27.99
10.76
26.26
28.48
Free Cash Flow per Basic Share
0.87
1.32
1.8
2.25
2.8
3.49
4
4.21
4.43
4.9
5.28
5.59
6.04
6.5
7.01
7.65
7.82
Dividend per Share
32.43
41.65
49.66
56.18
63.95
70.22
78.07
82.08
93.64
107.86
120.26
130.29
131.4
129.9
154.73
168.03
185.38
Book Value per Share
22.4
27.28
32.54
37.71
39.8
38.99
37.64
36.67
38.37
39.74
45.43
49.89
36.71
34.48
47.66
65.39
64.89
Tangible Book Value per Share
197
193
189
187
183
178
169
167
162
155
148
145
142
142
138
138
138
Basic Weighted Avg Shares
13,226
18,048
17,334
17,301
19,221
19,110
17,509
20,428
23,771
23,571
19,811
24,021
28,074
34,065
34,102
33,670
33,894
Sales/Revenue/Turnover
9.46
11.75
10.89
10.15
10.5
11.08
9.9
9.68
10.06
10.56
9.32
9.16
9.19
3.75
9.89
11.48
11.36
Operating Margin (%)
320
325
361
407
455
514
530
583
611
672
673
662
784
1,024
1,065
1,105
1,118
Depreciation Expense
1,040
1,848
1,645
1,483
1,651
1,399
1,394
999
2,141
2,260
1,789
2,131
2,151
735
3,946
2,843
2,673
Net Income, GAAP
29.5
27.14
23.47
25.06
28.68
27.41
24.56
57.97
20.56
19.97
22.54
21.34
22.56
48.34
17.03
25.38
26.27
Effective Tax Rate (%)
7.86
10.24
9.49
8.57
8.59
7.32
7.96
4.89
9.01
9.59
9.03
8.87
7.66
2.16
11.57
8.44
7.89
Profit Margin (%)
3,029
3,434
4,031
5,271
5,034
4,144
3,382
3,251
3,434
3,127
5,562
5,225
3,030
2,295
3,518
7,315
7,212
Working Capital
709
658
698
1,672
1,577
1,576
1,568
1,588
1,597
1,946
3,935
3,905
4,866
5,176
5,193
7,216
7,147
LT Debt
4,996
5,831
6,974
7,870
8,093
7,750
7,174
8,164
8,259
8,465
8,989
9,401
10,225
9,904
11,308
13,408
13,372
Total Equity
16.37
23.99
19.51
14.95
14.74
16.01
14.22
8.55
17.73
17.62
11.22
12.26
12.03
3.62
15.16
13.98
13.31
Return on Invested Capital (%)
14.02
21.4
16
12.17
12.25
9.75
9.28
6.5
12.43
11.95
8.39
9.09
8.59
3
14.57
9.54
8.5
Return on Capital (%)
17.66
25.63
18.86
14.9
14.88
11.57
10.85
7.44
14.84
14.15
10.35
11.62
11.49
3.97
19.83
12.76
11.24
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
930
898
1,093
LT Borrowings
6,824
6,792
6,729
LT Finance Leases
428
424
418
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
138
138
138
Market Capitalization
58,160
70,391
74,287

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
16,720
16,925
17,379
Cash, Cash Equivalents & STI
3,159
3,609
3,182
Accounts Receivable, Net
5,640
5,818
6,528
Inventories
6,256
5,822
6,126
Total Current Liabilities
9,454
9,610
10,167
Payables & Accruals
6,154
6,281
6,886
ST Debt
930
898
1,093
Deferred Revenue
1,600
1,606
1,591

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.92%
8.59%
18.57%
Free Cash Flow
19.08%
30.91%
143.51%
Net Income, GAAP
43.35%
72.63%
-27.95%
Sales/Revenue/Turnover
6.62%
11.66%
-1.27%
Total Cash Common Dividend
5.45%
6.19%
8.88%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
8,403
8,796
8,456
8,447
34,102
2025
8,174
8,643
8,317
8,536
33,670
2026
8,398
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
14.1
5.3
5.9
3.04
28.55
2025
5.99
6.46
3.88
4.29
20.62
2026
4.73
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.69
1.68
1.82
1.82
7.01
2025
1.82
1.82
2
2
7.65
2026
2
- -
- -
- -
- -
Business
Cummins Inc. designs, manufactures, distributes and services diesel and natural gas engines, electric and hybrid powertrains, and powertrain-related components including filtration, aftertreatment, turbochargers (Holset), fuel systems, controls, air handling, emission solutions, automated transmissions, electrical power generation systems, batteries, hydrogen generation and fuel cell products; the company operates through complementary segments serving on-highway, off-highway, marine, power generation and industrial markets with customers including truck fleets, construction, mining, rail, marine operators and data centers in approximately 190 countries. Founded in 1919 and headquartered in Columbus, Indiana, Cummins maintains a global network of over 600 distributors and 7,200 dealers with manufacturing in multiple regions including North America, Asia and Europe. Recent developments include the February 2025 acquisition of key assets from First Mode to advance retrofit hybrid solutions for mining and rail; a September 2025 memorandum of understanding with Komatsu and Wabtec for hybrid powertrains in surface mining haul trucks supporting Destination Zero decarbonization; full production launch of the X15N 15-liter natural gas engine in September 2024 for U.S. heavy-duty trucks; a January 2025 deployment of its HSK78G variable speed natural gas engine with partner Liberty Energy for hydraulic fracturing; a $70 million expansion of its Columbus Olympic testing facility in May 2025 for advanced powertrain development across fuels including hydrogen; and an August 2025 increase in its quarterly dividend to $2.00 per share.

Company News

APIChat
  • Cummins (CMI) Down 4.7% Since Last Earnings Report: Can It Rebound?

  • Cummins: Data Center Demand And Truck Recovery Justify A Higher Multiple

  • “Demand for Data Center Power Continues to Outpace Expectations” — Josh Brown's Case for Heavy Assets Over AI Hype

  • Cummins Inc (CMI) Shares Fall 3.3% -- GF Value Says Still Overvalued

  • Is Cummins (CMI) Stock Outpacing Its Auto-Tires-Trucks Peers This Year?

  • This Boring Industrial Stock Is Helping Power AI Data Centers

  • Applied Digital CEO Wes Cummins on AI buildout, hyperscaler demand and spending

  • Cummins Inc (CMI) Shares Surge 4.6% -- What GF Score of 85 Tells Investors

  • Cummins Inc. (CMI) Analyst/Investor Day Transcript

  • MARKET VOLATILITY: Cummins CEO says company thrives in complexity

  • Cummins CEO Explains How to Manage the AI Boom

  • Cummins Raises 2030 Financial Targets, Announces Large-engine Capacity and Product Investments

  • Cummins Inc. Liable for Misappropriation of C3 AI Trade Secrets

  • Is CMI Overvalued? DCF Says Worth $262

  • Is Cummins Inc (CMI) Overvalued After 3.7% Rally? GF Value Says Overvalued

  • Cummins Inc. Declares Quarterly Common Stock Dividend

  • Is Cummins (CMI) Outperforming Other Auto-Tires-Trucks Stocks This Year?

  • The Zacks Analyst Blog Cummins, Suncor and ASE

  • Cummins Inc (CMI) Stock Up 3.4% but GF Value Says Overvalued -- GF Score: 86/100

  • What Makes Cummins (CMI) a Strong Momentum Stock: Buy Now?