cummins inc. - CMI

CMI

Close Chg Chg %
553.41 -17.26 -3.12%

Open Market

536.15

-17.26 (3.12%)

Volume: 261.69K

Last Updated:

Mar 26, 2026, 12:31 PM EDT

Company Overview: cummins inc. - CMI

CMI Key Data

Open

$547.87

Day Range

535.86 - 550.28

52 Week Range

260.02 - 617.98

Market Cap

$76.45B

Shares Outstanding

138.17M

Public Float

137.71M

Beta

1.12

Rev. Per Employee

N/A

P/E Ratio

27.00

EPS

$20.62

Yield

141.32%

Dividend

$2.00

EX-DIVIDEND DATE

Feb 20, 2026

SHORT INTEREST

N/A

AVERAGE VOLUME

907.66K

 

CMI Performance

1 Week
 
3.71%
 
1 Month
 
-5.23%
 
3 Months
 
6.60%
 
1 Year
 
76.22%
 
5 Years
 
110.87%
 

CMI Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 25
Full Ratings ➔

About cummins inc. - CMI

Cummins, Inc. engages in the design, manufacture, and distribution of diesel, natural gas, electric and hybrid powertrains and powertrain-related components including filtration, aftertreatment, turbochargers, fuel systems, valvetrain technologies, controls systems, air handling systems, automated transmissions, axles, drivelines, brakes, suspension systems, electric power generation systems, batteries, electrified power systems, hydrogen production technologies, and fuel cell products. It operates through the following segments: Engine, Distribution, Components, Power Systems, and Accelera. The Engine segment manufactures and markets diesel and natural gas-powered engines under the Cummins brand name, for the heavy- and medium-duty truck, bus, recreational vehicle, light-duty automotive, construction, mining, marine, rail, oil and gas, defense, and agricultural markets. The Distribution segment includes power generation systems, high-horsepower engines, heavy-duty and medium-duty engines designed for on- and off-highway use, application engineering services, custom-designed assemblies, retail and wholesale aftermarket parts, and in-shop and field-based repair service. The Components segment supplies products including axles, drivelines, brakes and suspension systems for commercial diesel and natural gas applications, aftertreatment systems, turbochargers, fuel systems, valvetrain technologies, filtration products, automated transmissions, and electronics. The Power Systems segment engages in power generation, industrial, and generator technologies. The Accelera segment designs, manufactures, sells, and supports hydrogen production technologies, as well as electrified power systems, including battery, fuel cell, and electric powertrain technologies. The company was founded by Clessie Lyle Cummins and William Glanton Irwin on February 3, 1919 and is headquartered in Columbus, IN.

CMI At a Glance

Cummins, Inc.
500 Jackson Street
Columbus, Indiana 47202-3005
Phone 1-812-377-5000 Revenue 33.67B
Industry Auto Parts: OEM Net Income 2.84B
Sector Producer Manufacturing Employees 67,400
Fiscal Year-end 12 / 2026
View SEC Filings

CMI Valuation

P/E Current 27.064
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 24.903
Price to Sales Ratio 2.103
Price to Book Ratio 5.711
Price to Cash Flow Ratio 19.55
Enterprise Value to EBITDA 15.282
Enterprise Value to Sales 2.268
Total Debt to Enterprise Value 0.106

CMI Efficiency

Revenue/Employee 499,554.896
Income Per Employee 42,181.009
Receivables Turnover 5.471
Total Asset Turnover 1.028

CMI Liquidity

Current Ratio 1.761
Quick Ratio 1.155
Cash Ratio 0.376

CMI Profitability

Gross Margin 24.987
Operating Margin 11.559
Pretax Margin 11.77
Net Margin 8.444
Return on Assets 8.677
Return on Equity 25.137
Return on Total Capital 13.893
Return on Invested Capital 16.232

CMI Capital Structure

Total Debt to Total Equity 65.706
Total Debt to Total Capital 39.652
Total Debt to Total Assets 23.87
Long-Term Debt to Equity 58.434
Long-Term Debt to Total Capital 35.264
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Cummins Inc. - CMI

Collapse All in section
All values USD millions. 2022 2023 2024 2025 5-year trend
Sales/Revenue
28.07B 34.05B 34.10B 33.67B
Sales Growth
+16.87% +21.28% +0.16% -1.27%
Cost of Goods Sold (COGS) incl D&A
21.43B 25.95B 25.80B 25.26B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
784.00M 1.02B 1.06B 1.10B
Depreciation
561.00M 700.00M 741.00M 782.00M
Amortization of Intangibles
223.00M 324.00M 324.00M 323.00M
COGS Growth
+16.77% +21.12% -0.59% -2.09%
Gross Income
6.65B 8.10B 8.31B 8.41B
Gross Income Growth
+17.20% +21.81% +2.57% +1.28%
Gross Profit Margin
+23.68% +23.79% +24.36% +24.99%
2022 2023 2024 2025 5-year trend
SG&A Expense
3.96B 4.83B 4.74B 4.52B
Research & Development
1.28B 1.50B 1.46B 1.40B
Other SG&A
2.69B 3.33B 3.27B 3.13B
SGA Growth
+14.46% +21.89% -1.97% -4.58%
Other Operating Expense
- - - -
-
Unusual Expense
106.00M 2.03B 130.00M 236.00M
EBIT after Unusual Expense
2.58B 1.24B 3.44B 3.66B
Non Operating Income/Expense
440.00M 762.00M 1.83B 636.00M
Non-Operating Interest Income
49.00M 95.00M 87.00M 106.00M
Equity in Earnings of Affiliates
349.00M 483.00M 395.00M 469.00M
Interest Expense
199.00M 375.00M 370.00M 329.00M
Interest Expense Growth
+79.28% +88.44% -1.33% -11.08%
Gross Interest Expense
204.00M 383.00M 387.00M 360.00M
Interest Capitalized
5.00M 8.00M 17.00M 31.00M
Pretax Income
2.82B 1.63B 4.90B 3.96B
Pretax Income Growth
+2.47% -42.32% +201.54% -19.17%
Pretax Margin
+10.04% +4.78% +14.38% +11.77%
Income Tax
636.00M 786.00M 835.00M 1.01B
Income Tax - Current - Domestic
425.00M 611.00M 433.00M 148.00M
Income Tax - Current - Foreign
485.00M 632.00M 611.00M 772.00M
Income Tax - Deferred - Domestic
(229.00M) (468.00M) (241.00M) 94.00M
Income Tax - Deferred - Foreign
(45.00M) 11.00M 32.00M (8.00M)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
349.00M 483.00M 395.00M 469.00M
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
2.18B 840.00M 4.07B 2.96B
Minority Interest Expense
32.00M 105.00M 122.00M 114.00M
Net Income
2.15B 735.00M 3.95B 2.84B
Net Income Growth
+0.94% -65.83% +436.87% -27.95%
Net Margin Growth
+7.66% +2.16% +11.57% +8.44%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
2.15B 735.00M 3.95B 2.84B
Preferred Dividends
- - - -
-
Net Income Available to Common
2.15B 735.00M 3.95B 2.84B
EPS (Basic)
15.2014 5.187 28.5528 20.6164
EPS (Basic) Growth
+3.15% -65.88% +450.47% -27.80%
Basic Shares Outstanding
141.50M 141.70M 138.20M 137.90M
EPS (Diluted)
15.116 5.1507 28.3681 20.4975
EPS (Diluted) Growth
+3.49% -65.93% +450.76% -27.74%
Diluted Shares Outstanding
142.30M 142.70M 139.10M 138.70M
EBITDA
3.47B 4.29B 4.63B 5.00B
EBITDA Growth
+20.79% +23.70% +8.02% +7.83%
EBITDA Margin
+12.35% +12.60% +13.59% +14.84%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 626.882
Number of Ratings 25 Current Quarters Estimate 5.619
FY Report Date 03 / 2026 Current Year's Estimate 26.217
Last Quarter’s Earnings 5.838 Median PE on CY Estimate N/A
Year Ago Earnings 23.802 Next Fiscal Year Estimate 31.164
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 18 18 21 21
Mean Estimate 5.62 6.48 26.22 31.16
High Estimates 6.22 7.08 29.01 35.87
Low Estimate 4.95 5.82 25.06 26.99
Coefficient of Variance 5.52 5.02 3.54 6.59

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 10 10 9
OVERWEIGHT 2 2 2
HOLD 12 11 11
UNDERWEIGHT 1 1 1
SELL 0 0 0
MEAN Overweight Overweight Overweight

Insider Actions for Cummins Inc. - CMI

Date Name Shares Transaction Value
Mar 13, 2026 Mark Andrew Smith VP - Chief Financial Officer 45,710 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 13, 2026 Earl Newsome VP - Chief Information Officer 5,177 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $583.87 per share 3,022,694.99
Mar 13, 2026 Earl Newsome VP - Chief Information Officer 6,221 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 13, 2026 Donald G. Jackson VP - Treasury & Tax 9,046 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $583.87 per share 5,281,688.02
Mar 13, 2026 Donald G. Jackson VP - Treasury & Tax 10,046 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 13, 2026 Jennifer Mary Bush VP & Pres. - Power Systems 16,986 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $583.87 per share 9,917,615.82
Mar 13, 2026 Jennifer Mary Bush VP & Pres. - Power Systems 19,490 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 13, 2026 Brett Merritt V.P & Pres. - Engine Business 12,103 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 13, 2026 Jennifer W. Rumsey Chair and CEO; Director 46,632 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $583.87 per share 27,227,025.84
Mar 13, 2026 Jennifer W. Rumsey Chair and CEO; Director 66,082 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 13, 2026 Mark Andrew Smith VP - Chief Financial Officer 39,832 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $583.87 per share 23,256,709.84
Mar 13, 2026 Robert Enright VP - Supply Chain 2,011 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 13, 2026 Nicole Y. Lamb-Hale VP, CLO & Corporate Secretary 19,079 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 13, 2026 Brett Merritt V.P & Pres. - Engine Business 11,105 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $583.87 per share 6,483,876.35
Mar 13, 2026 Nathan R. Stoner VP - China ABO 10,054 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $583.87 per share 5,870,228.98
Mar 13, 2026 Nathan R. Stoner VP - China ABO 12,075 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 13, 2026 Nicole Y. Lamb-Hale VP, CLO & Corporate Secretary 16,202 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $583.87 per share 9,459,861.74
Mar 13, 2026 Bonnie Jean Fetch EVP & President - Operations 12,331 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $583.87 per share 7,199,700.97
Mar 13, 2026 Jonathan D. Wood Vice President & CTO 4,188 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $583.87 per share 2,445,247.56
Mar 13, 2026 Jonathan D. Wood Vice President & CTO 5,076 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00

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