Cummins
CMI
517.32
-17.99
-3.36%
Cummins
US · CMI
#301 by market cap
Listed 1970
517.32
-17.99
-3.36%
Live - 5344 symbols - heartbeat 52s ago
· 2026-10-08 07:00
Pre-market
512.86
-0.86%
After-hours
516.70
-0.12%
Overnight
514.00
-0.64%
- Market cap
- 71.22B
- P/E (TTM)i
- 26.45
- P/Bi
- 5.54
- EPSi
- 20.50
- Div yieldi
- 1.55%
- 52W posi
- 36%
Reader sentiment
Are you bullish or bearish on CMI?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Good
- Altman Z-Score is 4.63, above the 3.0 "safe zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year -1.27% YoY
Margins
- Gross margin
- 25.29%
- Operating margin
- 11.48%
- Net margin
- 8.44%
Key ratios & quality
- Enterprise valuei
- 75.30B
- PEG ratioi
- 2.71
- Altman Z-Scorei
- 4.63
PEG uses trailing P/E against the 3-year net income growth rate (9.74%/yr) since forward earnings estimates aren't available here, so this is not a "forward PEG." Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 23.77B | 23.57B | 19.81B | 24.02B | 28.07B | 34.07B | 34.10B | 33.67B |
| Gross profit | 5.74B | 5.98B | 4.89B | 5.70B | 6.72B | 8.25B | 8.44B | 8.52B |
| Selling & admin expenses | 2.44B | 2.45B | 2.13B | 2.37B | 2.69B | 3.33B | 3.28B | 3.13B |
| Research & development | 902.00M | 1.00B | 906.00M | 1.09B | 1.28B | 1.50B | 1.46B | 1.40B |
| Operating profit | 2.39B | 2.49B | 1.85B | 2.20B | 2.58B | 1.28B | 3.37B | 3.87B |
| Pretax profit | 2.75B | 2.83B | 2.34B | 2.75B | 2.82B | 1.63B | 4.90B | 3.96B |
| Tax | 566.00M | 566.00M | 527.00M | 587.00M | 636.00M | 786.00M | 835.00M | 1.01B |
| Net profit | 2.19B | 2.27B | 1.81B | 2.16B | 2.18B | 840.00M | 4.07B | 2.96B |
| Basic EPS | 13 | 15 | 12 | 15 | 15 | 5 | 29 | 21 |
| Diluted EPS | 13.15 | 14.48 | 12.01 | 14.61 | 15.12 | 5.15 | 28.37 | 20.50 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 8.17B | 8.64B | 8.32B | 8.54B | 8.40B | 9.46B |
| Gross profit | 2.16B | 2.28B | 2.13B | 1.95B | 2.24B | 2.47B |
| Selling & admin expenses | 771.00M | 779.00M | 789.00M | 786.00M | 845.00M | 893.00M |
| Research & development | 344.00M | 357.00M | 345.00M | 350.00M | 358.00M | 385.00M |
| Operating profit | 1.00B | 1.11B | 962.00M | 781.00M | 1.00B | 1.13B |
| Pretax profit | 1.12B | 1.23B | 830.00M | 791.00M | 934.00M | 1.29B |
| Tax | 267.00M | 297.00M | 271.00M | 171.00M | 254.00M | 325.00M |
| Net profit | 850.00M | 928.00M | 559.00M | 620.00M | 680.00M | 968.00M |
| Basic EPS | 6 | 6 | 4 | 4 | 5 | 7 |
| Diluted EPS | 5.96 | 6.43 | 3.86 | 4.27 | 4.71 | 6.73 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 9.82B | 9.39B | 11.90B | 12.31B | 14.45B | 15.20B | 14.75B | 16.93B |
| Cash & ST investments | 1.53B | 1.47B | 3.86B | 3.19B | 2.57B | 2.74B | 2.26B | 3.61B |
| Inventory | 3.76B | 3.49B | 3.43B | 4.36B | 5.60B | 5.68B | 5.74B | 5.82B |
| Total assets | 19.06B | 19.74B | 22.62B | 23.71B | 30.30B | 32.01B | 31.54B | 33.99B |
| Total current liabilities | 6.38B | 6.26B | 6.34B | 7.08B | 11.42B | 12.90B | 11.23B | 9.61B |
| Short-term debt | 879.00M | 922.00M | 682.00M | 708.00M | 3.49B | 2.03B | 2.41B | 898.00M |
| Long-term debt | 1.60B | 1.58B | 3.61B | 3.58B | 4.50B | 4.80B | 4.78B | 6.79B |
| Total liabilities | 10,803,000,000.00 | 11,272,000,000.00 | 13,635,000,000.00 | 14,309,000,000.00 | 20,074,000,000.00 | 22,101,000,000.00 | 20,232,000,000.00 | 20,584,000,000.00 |
| Total equity | 8.26B | 8.47B | 8.99B | 9.40B | 10.23B | 9.90B | 11.31B | 13.41B |
| Retained earnings | 12.92B | 14.42B | 15.42B | 16.74B | 18.04B | 17.85B | 20.83B | 22.62B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 15.54B | 16.93B | 16.72B | 16.93B | 17.38B | 18.43B |
| Cash & ST investments | 2.16B | 3.07B | 3.16B | 3.61B | 3.18B | 3.92B |
| Inventory | 6.12B | 6.29B | 6.26B | 5.82B | 6.13B | 6.40B |
| Total assets | 32.53B | 34.26B | 33.64B | 33.99B | 34.45B | 35.63B |
| Total current liabilities | 11.58B | 10.32B | 9.45B | 9.61B | 10.17B | 10.67B |
| Short-term debt | 2.83B | 1.44B | 930.00M | 898.00M | 1.09B | 1.10B |
| Long-term debt | 4.80B | 6.81B | 6.82B | 6.79B | 6.73B | 6.74B |
| Total liabilities | 20,560,000,000.00 | 21,386,000,000.00 | 20,540,000,000.00 | 20,584,000,000.00 | 21,073,000,000.00 | 21,724,000,000.00 |
| Total equity | 11.97B | 12.87B | 13.10B | 13.41B | 13.37B | 13.91B |
| Retained earnings | 21.40B | 22.04B | 22.30B | 22.62B | 22.99B | 23.65B |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 2.38B | 3.18B | 2.72B | 2.26B | 1.96B | 3.97B | 1.49B | 3.62B |
| Depreciation & amortization | 611.00M | 672.00M | 673.00M | 662.00M | 784.00M | 1.02B | 1.07B | 1.11B |
| Free cash flow | 1.59B | 2.41B | 2.15B | 1.52B | 1.05B | 2.75B | 279.00M | 2.39B |
| Dividends paid | -718.00M | -761.00M | -782.00M | -809.00M | -855.00M | -921.00M | -969.00M | -1.06B |
| Stock buybacks / issuance | -1.13B | -1.20B | -553.00M | -1.40B | -374.00M | 0 | 0 | -- |
| Ending cash balance | 1.30B | 1.13B | 3.40B | 2.59B | 2.10B | 2.18B | 1.67B | 2.85B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | -3.00M | 785.00M | 1.31B | 1.53B | 309.00M | 1.50B |
| Depreciation & amortization | 269.00M | 279.00M | 277.00M | 280.00M | 282.00M | 281.00M |
| Free cash flow | -165.00M | 554.00M | 1.01B | 990.00M | 120.00M | 1.25B |
| Dividends paid | -251.00M | -251.00M | -276.00M | -277.00M | -276.00M | -276.00M |
| Stock buybacks / issuance | 0 | 0 | -- | -- | -243.00M | -225.00M |
| Ending cash balance | 1.53B | 2.32B | 2.57B | 2.85B | 2.61B | 3.18B |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | 29.31 | 30.43 | 22.98 | 25.77 | 24.65 | 8.25 | 41.27 | 25.14 |
| ROA %i | 11.53 | 11.65 | 8.45 | 9.20 | 7.97 | 2.36 | 12.42 | 8.68 |
| ROIC %i | 22.61 | 22.41 | 15.55 | 16.57 | 14.27 | 5.05 | 24.16 | 15.29 |
| 5-year avg ROE %i | 20.62 | 22.37 | 23.28 | 24.63 | 26.83 | 22.62 | 24.79 | 25.22 |
| EBIT margin %i | 12.06 | 12.49 | 12.31 | 11.91 | 10.75 | 5.87 | 15.46 | 12.75 |
| FCF / sales %i | 6.71 | 10.21 | 10.84 | 6.12 | 3.73 | 8.08 | 0.82 | 7.09 |
| Current ratioi | 1.54 | 1.50 | 1.88 | 1.74 | 1.27 | 1.18 | 1.31 | 1.76 |
| Quick ratioi | 0.84 | 0.82 | 1.21 | 1.01 | 0.68 | 0.65 | 0.66 | 0.98 |
| Debt / assetsi | 12.99 | 14.53 | 20.41 | 19.46 | 27.58 | 22.52 | 24.09 | 23.87 |
| LT debt / equityi | 21.73 | 25.92 | 48.81 | 47.94 | 54.22 | 58.49 | 50.56 | 58.43 |
| Interest coveragei | 25.15 | 27.00 | 24.38 | 25.78 | 15.17 | 5.34 | 14.25 | 13.05 |
| Revenue CAGR (3Y) %i | 7.55 | 10.42 | -1.02 | 0.35 | 6.00 | 19.80 | 12.39 | 6.25 |
| Net income CAGR (3Y) %i | 15.24 | 17.48 | 21.44 | -0.16 | -1.63 | -25.66 | 22.80 | 9.74 |
| FCF CAGR (3Y) %i | 7.98 | 21.39 | 8.31 | -1.53 | -24.24 | 8.64 | -43.19 | 31.64 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | 27.78 | 27.56 | 23.84 | 25.14 | 22.97 | 22.04 |
| ROA %i | 8.63 | 8.97 | 8.12 | 8.68 | 7.98 | 7.77 |
| ROIC %i | 16.43 | 16.05 | 14.32 | 15.29 | 13.96 | 13.46 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 12.27 | 13.00 | 12.42 | 12.75 | 12.12 | 12.01 |
| FCF / sales %i | 0.02 | 4.90 | 6.78 | 7.09 | 7.88 | 9.70 |
| Current ratioi | 1.34 | 1.64 | 1.77 | 1.76 | 1.71 | 1.73 |
| Quick ratioi | 0.68 | 0.87 | 0.93 | 0.98 | 0.96 | 0.98 |
| Debt / assetsi | 24.70 | 25.35 | 24.32 | 23.87 | 23.92 | 23.26 |
| LT debt / equityi | 47.69 | 61.41 | 60.11 | 58.43 | 57.87 | 55.94 |
| Interest coveragei | 11.61 | 13.04 | 12.41 | 13.05 | 12.52 | 12.99 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Diversified
- Distribution is the largest reported line at 35.17% of revenue, across 6 reported segments.
- No single line clears half of revenue; Engine is next at 32.61%, spreading the business across more than one real driver.
Revenue breakdown most recent period
Business
Distribution35.17%
Engine32.61%
Components30.57%
POWER SYSTEMS23.84%
Accelera1.53%
Quote time 2026-10-08 07:00:13 · For reference only, not investment advice and not tailored to your situation.