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CUMMINS INC

CMI

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Financial Statements

Values in Millions ($)
2026-06-30
2026-03-31
2025-12-31
2025-09-30
2025-06-30
2025-03-31
2024-12-31
2024-09-30
2024-06-30
2024-03-31
2023-12-31
2023-09-30
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Assets
Assets Current
Cash And Cash Equivalents At Carrying Value
3,1792,6142,8452,5662,3191,5321,6711,7331,5902,5412,1792,387
Restricted Cash
-----------225
Marketable Securities Current
745568764593755626593518593510562452
Cash Cash Equivalents And Short Term Investments
3,9243,1823,6093,1593,0742,1582,2642,2512,1833,0512,7413,064
Accounts Notes And Loans …
Accounts Receivable Net
6,5856,5285,8185,6405,8745,6805,1815,3875,6065,4635,5835,662
Inventory Net
6,3976,1265,8226,2566,2876,1235,7426,1345,8575,7585,6775,906
Prepaid Expense And Other Assets Current
1,5281,5431,6761,6651,6981,5791,5651,5441,3161,3481,1971,280
Assets Current
18,43417,37916,92516,72016,93315,54014,75215,31614,96215,62015,19815,912
Assets Noncurrent
Property Plant And Equipment Gross
13,23613,003-12,54512,34112,007-11,60311,41711,253-11,098
Accumulated Depreciation Depletion And Amortizatio…
-6,223-6,079--5,887-5,801-5,600--5,427-5,364-5,242--5,297
Property Plant And Equipment Net
7,0136,9246,9586,6586,5406,4076,3566,1766,0536,0116,2495,801
Investments In Affiliates Subsidiaries Associates …
2,2652,2212,1331,9722,0181,9901,8891,9221,8281,7741,8001,785
Goodwill
2,2222,2192,2242,2222,4332,3972,3702,4122,3942,4062,4992,379
Intangible Assets Net Excluding Goodwill
2,1682,1932,1672,3452,3952,4012,3512,4622,5022,4552,5192,518
Defined Benefit Plan Assets For Plan Benefits Nonc…
1,0081,0011,0331,1571,1581,1501,1891,2081,1921,1871,1971,500
Other Assets Noncurrent
2,5202,5082,5522,5642,7822,6462,6332,5562,3892,3742,5432,202
Assets
35,63034,44533,99233,63834,25932,53131,54032,05231,32031,82732,00532,097
Liabilities
Liabilities Current
Accounts Payable Current
4,6544,4333,8003,8194,1514,3113,9514,2064,4054,4764,2604,262
Short Term Bank Loans And Notes Payable
459451313315336291356441329342280231
Commercial Paper
3483493533533531,7401,2591,6361,5816091,4961,710
Long Term Debt Current
15115794122615661660654167113118573
Employee Related Liabilities Current
8125978257706575231,0841,0118015611,108884
Product Warranty Accrual Classified Current
658638693660657685679685660652667731
Contract With Customer Liability Current
1,5921,5911,6061,6001,6201,5061,3471,2251,3111,2361,2201,029
Accrued Liabilities Current
1,9991,9511,9261,8151,9261,8581,8981,7451,8903,6973,7541,706
Liabilities Current
10,67310,1679,6109,45410,31511,57511,23411,60311,14411,68612,90311,126
Liabilities Noncurrent
Long Term Debt And Capital Lease Obligations
6,7376,7296,7926,8246,8074,7964,7844,8565,4265,7714,8024,950
Contract With Customer Liability Noncurrent
1,0661,0531,0541,1191,0591,0531,0651,0901,0461,0619661,011
Other Liabilities Noncurrent
3,2483,1243,1283,1433,2053,1363,1493,1623,1283,2083,4303,332
Liabilities
21,72421,07320,58420,54021,38620,56020,23220,71120,74421,72622,10120,419
Redeemable Noncontrolling Interest Equity Carrying…
----------00
Stockholders Equity Inclu…
Stockholders Equity
Common Stock Value Outstanding
2,6262,6022,6732,6512,6242,6002,6362,6122,5822,5572,5642,558
Retained Earnings Accumulated Deficit
23,65022,99422,61622,30022,04021,40120,82820,66020,10119,60517,85119,520
Treasury Stock Value
-11,089-10,868-10,662-10,676-10,708-10,711-10,748-10,783-10,797-10,831-9,359-9,369
Accumulated Other Comprehensive Income Loss Net Of…
-2,340-2,377-2,278-2,211-2,167-2,366-2,445-2,174-2,335-2,264-2,206-2,051
Stockholders Equity
12,84712,35113,40813,09812,87311,97111,30810,31510,5769,0679,90410,658
Minority Interest
1,0591,0211,0591,0341,0841,0471,0371,0261,0251,0341,0541,020
Liabilities And Stockholders Equity
35,63034,44533,99233,63834,25932,53131,54032,05231,32031,82732,00532,097
Common Stock Par Or Stated Value Per Share
2.52.52.52.52.52.52.52.52.52.52.52.5
Common Stock Shares Authorized
500500500500500500500500500500500500
Common Stock Shares Issued
223223223223223223223223223223223223
Treasury Stock Common Shares
858584858585858586868181

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Earnings Market Reaction

Fiscal Year
Q1 1 Month
Q1 2 Month
Q1 3 Month
Q2 1 Month
Q2 2 Month
Q2 3 Month
Q3 1 Month
Q3 2 Month
Q3 3 Month
Q4 1 Month
Q4 2 Month
Q4 3 Month
2026-3.88%1.95%-1.21%---------
20256.95%8.36%22.93%7.30%12.58%13.50%8.07%12.65%24.08%-8.00%-6.21%12.17%
20242.25%-0.61%4.49%1.66%1.31%10.27%6.33%-0.44%4.23%-7.73%-25.13%-19.13%
2023------4.25%9.56%5.97%5.25%17.81%10.00%

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Performance and Valuation Metrics

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Metrics
2026-06-30
2026-03-31
2025-12-31
2025-09-30
2025-06-30
2025-03-31
2024-12-31
2024-09-30
2024-06-30
2024-03-31
2023-12-31
2023-09-30
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Liquidity Ratios
Current Ratio
1.73
1.71
1.76
1.77
1.64
1.34
1.31
1.32
1.34
1.34
1.18
1.43
Quick Ratio
0.98
0.96
0.98
0.93
0.87
0.68
0.66
0.66
0.70
0.73
0.65
0.78
Working Capital
7.76B
7.21B
7.32B
7.27B
6.62B
3.97B
3.52B
3.71B
3.82B
3.93B
2.30B
4.79B
Leverage & Debt
Debt to Equity
1.69
1.71
1.54
1.57
1.66
1.72
1.79
2.01
1.96
2.40
2.23
1.92
Interest Coverage TTM
12.13
11.71
12.23
11.74
12.33
11.06
10.14
4.84
4.41
4.40
4.70
10.20
Debt Ratio
0.61
0.61
0.61
0.61
0.62
0.63
0.64
0.65
0.66
0.68
0.69
0.64
Efficiency & Turnover
Asset Turnover TTM
0.99
1.01
1.03
1.02
1.03
1.05
1.07
1.07
1.08
1.08
1.09
1.08
Per Share Metrics
Diluted EPS TTM
19.86
19.26
-
19.85
21.86
20.90
-
15.51
14.42
13.77
-
19.63
Free Cash Flow Per Share TTM
24.42
19.31
10.72
16.51
11.99
0.05
1.25
2.46
8.79
18.10
12.37
15.28
Dividend Per Share TTM
26.58
26.32
16.25
25.14
17.71
21.05
12.97
10.46
10.38
6.64
4.14
6.38
Margin Metrics
Gross Profit Margin TTM
25.32%
25.39%
25.29%
25.61%
25.63%
25.25%
24.75%
24.58%
24.31%
24.29%
24.22%
24.23%
Operating Profit Margin TTM
11.22%
11.33%
11.95%
11.74%
12.28%
11.69%
11.00%
5.28%
4.99%
4.87%
5.17%
11.34%
Net Profit Margin TTM
7.93%
7.89%
8.44%
8.20%
8.98%
8.53%
11.93%
6.26%
5.82%
5.75%
2.16%
8.42%
Growth Metrics
Net Revenue Growth (1Y)
2.93%
0.06%
-1.27%
-1.80%
-1.33%
-0.42%
0.11%
2.72%
6.15%
12.85%
21.34%
27.29%
Net Income Growth (1Y)
-9.15%
-7.51%
-30.11%
28.62%
52.24%
47.68%
453.47%
-23.58%
-21.91%
-22.77%
-65.83%
44.11%
EPS Growth (1Y)
-9.21%
-7.98%
-30.11%
27.87%
51.46%
51.65%
453.47%
-21.02%
-19.29%
-22.66%
-65.83%
43.40%
Valuation Metrics
P/E TTM
35.62
27.65
39.54
20.85
14.61
14.55
18.50
20.03
18.32
20.30
68.76
10.88
P/B TTM
7.63
5.98
8.38
4.39
3.44
3.51
6.66
4.16
3.45
4.38
5.10
2.86
P/S TTM
2.82
2.18
3.34
1.71
1.31
1.24
2.21
1.25
1.07
1.17
1.48
0.92
Market Cap
97.99B
73.90B
112.42B
57.45B
44.25B
42.05B
75.27B
42.90B
36.44B
39.73B
50.54B
30.49B
Enterprise Value
102.04B
78.52B
116.82B
62.18B
49.71B
47.72B
80.30B
48.31B
42.03B
43.68B
54.78B
35.11B
Calculated Values
Free Cash Flow TTM
3.37B
2.67B
2.39B
2.28B
1.65B
7.00M
279.00M
337.00M
1.21B
2.56B
2.75B
2.17B
Net Debt
4.06B
4.62B
4.39B
4.73B
5.46B
5.67B
5.03B
5.41B
5.58B
3.95B
4.24B
4.62B
Per-Share and Margin
EPS TTM
Adjusted EPS TTM
Cash Flow Per Share TTM
Pretax Margin TTM
Stock Comp to Revenue TTM
Turnover Ratios and Averages
Average Assets
Average Equity
Average Inventory
Average Receivables
Average Accounts Payables
Inventory Turnover TTM
Payables Turnover TTM
Days Inventory Outstanding TTM
Days Payables Outstanding TTM
Cash Conversion Cycle TTM
Working Capital to Revenue
Deferred Revenue to Revenue
Growth Rates
Total Assets Growth (1Y)
Total Assets Growth (3Y)
Total Assets Growth (5Y)
Dividends Paid Growth (1Y)
Dividends Paid Growth (3Y)
Dividends Paid Growth (5Y)
EPS Growth (3Y)
EPS Growth (5Y)
Net Income Growth (3Y)
Net Income Growth (5Y)
Net Profit Margin Growth (1Y)
Net Profit Margin Growth (3Y)
Net Profit Margin Growth (5Y)
Net Revenue Growth (3Y)
Net Revenue Growth (5Y)
Deferred Revenue Growth (1Y)
Retained Earnings Growth (1Y)
Credit, Liquidity, Returns, Payout
Cash Ratio
Net Working Capital
Debt to EBITDA TTM
Net Debt to EBITDA TTM
Net Debt to Equity
Altman A
Altman B
Altman C
Altman D
Altman E
Altman Z-Score
ROA TTM
ROE TTM
NOPAT TTM
ROIC TTM
Effective Tax Rate TTM
Payout Ratio TTM
Dilution Ratio
Retained Earnings to Equity
Treasury Stock to Equity
Treasury Stock Change (1Y)
Accrued to Current Liabilities
NCAV
NCAV Per Share TTM
Valuation Ratios
P/CF TTM
PEG Ratio
Dividend Yield TTM
Free Cash Flow Yield TTM
EV EBITDA TTM
EV EBIT TTM
EV Revenue TTM
EV FCF TTM
Stock Compensation TTM
Adjusted Net Income TTM
Billings TTM
Total Debt
Invested Capital

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Insider Transactions

2026-05-14Sale
Owner: Jackson, Donald G
Title: VP - Treasury & Tax
Shares: 730
Price/Share: $711.56
Value: $519,438.80
Shares Owned: 8,316
Relationship: Officer
Ownership: Direct
2026-05-12Sale
Owner: Bush, Jennifer Mary
Title: VP & Pres. - Power Systems
Shares: 5,000
Price/Share: $696.73
Value: $3,483,650.00
Shares Owned: 11,986
Relationship: Officer
Ownership: Direct
2026-05-11Sale
Owner: Merritt, Brett Michael
Title: V.P & Pres. - Engine Business
Shares: 702
Price/Share: $688.75
Value: $483,158.12
Shares Owned: 10,404
Relationship: Officer
Ownership: Direct
2026-05-11Sale
Owner: Stoner, Nathan R
Title: VP - China ABO
Shares: 607
Price/Share: $694.06
Value: $421,294.42
Shares Owned: 9,447
Relationship: Officer
Ownership: Direct
2026-05-11Sale
Owner: Fetch, Bonnie J
Title: EVP & President - Operations
Shares: 643
Price/Share: $702.66
Value: $451,683.90
Shares Owned: -
Relationship: Officer
Ownership: Indirect

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Institutional Ownership

No data available for chart
2026-03-31
80.59%
Inst. Shares: 111,449,925
Shares Outstanding: 138,300,000
2025-12-31
83.48%
Inst. Shares: 115,452,952
Shares Outstanding: 138,300,000
2025-09-30
80.23%
Inst. Shares: 110,718,193
Shares Outstanding: 138,000,000
2025-06-30
79.44%
Inst. Shares: 109,464,646
Shares Outstanding: 137,800,000
2025-03-31
77.44%
Inst. Shares: 106,558,101
Shares Outstanding: 137,600,000

CUMMINS INC (CMI) — SEC Financial Statements & Analysis

CUMMINS INC (CMI) is a engines & turbines company, incorporated in IN. CUMMINS INC trades on NYSE as: CMI. Based on its latest SEC filing (Form 10-Q, period ending 2026-06-30), CUMMINS INC reported a 2.93% year-over-year revenue growth, a Gross Profit Margin of 25.32% (TTM), a Debt-to-Equity ratio of 1.69x, a Price-to-Sales (P/S) ratio of 2.82x (TTM), a Price-to-Book (P/B) ratio of 7.63x (TTM), at a market cap of $97.99B. Figures below are sourced from SEC EDGAR, as-filed.

Net Revenue TTM Growth 1Y
2.93%
Gross Profit Margin TTM
25.32%
Debt To Equity
1.69x
P/S TTM
2.82x
P/B TTM
7.63x
Market Cap
$97.99B

Data as of 2026-06-30 · Source: SEC EDGAR

Frequently Asked Questions

What industry is CUMMINS INC in?

CUMMINS INC (CMI) operates in the Engines & Turbines industry.

What is CMI's market cap?

CUMMINS INC (CMI) has a market capitalization of $97.99B as of 2026-06-30.

What is CMI's P/E ratio?

CUMMINS INC (CMI)'s trailing twelve month P/E ratio is 35.62x as of 2026-06-30.

What exchange does CMI trade on?

CUMMINS INC (CMI) trades on the NYSE.

Where is CUMMINS INC incorporated?

CUMMINS INC is incorporated in IN.

Wall Street's data.
Main Street's price.