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CUMMINS INC

CMI

Companies in Engines & Turbines

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Financial Statements

Values in Millions ($)
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
2023-06-30
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Assets
Assets Current
Cash And Cash Equivalents At Carrying Value
2,6142,8452,5662,3191,5321,6711,7331,5902,5412,1792,3871,802
Restricted Cash
----------225-
Marketable Securities Current
568764593755626593518593510562452512
Cash Cash Equivalents And Short Term Investments
3,1823,6093,1593,0742,1582,2642,2512,1833,0512,7413,0642,314
Accounts Notes And Loans …
Accounts Receivable Net
6,5285,8185,6405,8745,6805,1815,3875,6065,4635,5835,6625,863
Inventory Net
6,1265,8226,2566,2876,1235,7426,1345,8575,7585,6775,9066,026
Prepaid Expense And Other Assets Current
1,5431,6761,6651,6981,5791,5651,5441,3161,3481,1971,2801,207
Assets Current
17,37916,92516,72016,93315,54014,75215,31614,96215,62015,19815,91215,410
Assets Noncurrent
Property Plant And Equipment Gross
13,003-12,54512,34112,007-11,60311,41711,253-11,09810,922
Accumulated Depreciation Depletion And Amortizatio…
-6,079--5,887-5,801-5,600--5,427-5,364-5,242--5,297-5,199
Property Plant And Equipment Net
6,9246,9586,6586,5406,4076,3566,1766,0536,0116,2495,8015,723
Investments In Affiliates Subsidiaries Associates …
2,2212,1331,9722,0181,9901,8891,9221,8281,7741,8001,7851,861
Goodwill
2,2192,2242,2222,4332,3972,3702,4122,3942,4062,4992,3792,404
Intangible Assets Net Excluding Goodwill
2,1932,1672,3452,3952,4012,3512,4622,5022,4552,5192,5182,584
Defined Benefit Plan Assets For Plan Benefits Nonc…
1,0011,0331,1571,1581,1501,1891,2081,1921,1871,1971,5001,523
Other Assets Noncurrent
2,5082,5522,5642,7822,6462,6332,5562,3892,3742,5432,2022,230
Assets
34,44533,99233,63834,25932,53131,54032,05231,32031,82732,00532,09731,735
Liabilities
Liabilities Current
Accounts Payable Current
4,4333,8003,8194,1514,3113,9514,2064,4054,4764,2604,2624,308
Short Term Bank Loans And Notes Payable
451313315336291356441329342280231419
Commercial Paper
3493533533531,7401,2591,6361,5816091,4961,7101,617
Long Term Debt Current
15794122615661660654167113118573575
Employee Related Liabilities Current
5978257706575231,0841,0118015611,108884721
Product Warranty Accrual Classified Current
638693660657685679685660652667731751
Contract With Customer Liability Current
1,5911,6061,6001,6201,5061,3471,2251,3111,2361,2201,0291,017
Accrued Liabilities Current
1,9511,9261,8151,9261,8581,8981,7451,8903,6973,7541,7061,637
Liabilities Current
10,1679,6109,45410,31511,57511,23411,60311,14411,68612,90311,12611,045
Liabilities Noncurrent
Long Term Debt And Capital Lease Obligations
6,7296,7926,8246,8074,7964,7844,8565,4265,7714,8024,9505,089
Contract With Customer Liability Noncurrent
1,0531,0541,1191,0591,0531,0651,0901,0461,0619661,011939
Other Liabilities Noncurrent
3,1243,1283,1433,2053,1363,1493,1623,1283,2083,4303,3323,306
Liabilities
21,07320,58420,54021,38620,56020,23220,71120,74421,72622,10120,41920,379
Redeemable Noncontrolling Interest Equity Carrying…
---------000
Stockholders Equity Inclu…
Stockholders Equity
Common Stock Value Outstanding
2,6022,6732,6512,6242,6002,6362,6122,5822,5572,5642,5582,532
Retained Earnings Accumulated Deficit
22,99422,61622,30022,04021,40120,82820,66020,10119,60517,85119,52019,102
Treasury Stock Value
-10,868-10,662-10,676-10,708-10,711-10,748-10,783-10,797-10,831-9,359-9,369-9,380
Accumulated Other Comprehensive Income Loss Net Of…
-2,377-2,278-2,211-2,167-2,366-2,445-2,174-2,335-2,264-2,206-2,051-1,917
Stockholders Equity
13,37213,40812,06412,87310,92410,27111,34110,5769,0679,90411,67811,356
Minority Interest
1,0211,0591,0341,0841,0471,0371,0261,0251,0341,0541,0201,019
Liabilities And Stockholders Equity
34,44533,99233,63834,25932,53131,54032,05231,32031,82732,00532,09731,735
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
858485858585858686818181

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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----3.67%-4.20%-9.01%4.25%9.56%5.97%5.25%17.81%10.00%

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Performance and Valuation Metrics

Metrics
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
2023-06-30
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Liquidity Ratios
Current Ratio
1.71
1.76
1.77
1.64
1.34
1.31
1.32
1.34
1.34
1.18
1.43
1.40
Quick Ratio
0.96
0.98
0.93
0.87
0.68
0.66
0.66
0.70
0.73
0.65
0.78
0.74
Working Capital
7.21B
7.32B
7.27B
6.62B
3.97B
3.52B
3.71B
3.82B
3.93B
2.30B
4.79B
4.37B
Leverage & Debt
Debt to Equity
1.58
1.54
1.70
1.66
1.88
1.79
1.83
1.96
2.40
2.23
1.75
1.79
Interest Coverage TTM
11.71
12.23
11.74
12.33
11.06
10.14
4.84
4.41
4.40
4.70
10.20
10.33
Debt Ratio
0.61
0.61
0.61
0.62
0.63
0.64
0.65
0.66
0.68
0.69
0.64
0.64
Efficiency & Turnover
Asset Turnover TTM
1.01
1.03
1.02
1.03
1.05
1.07
1.07
1.08
1.08
1.09
1.08
1.15
Per Share Metrics
Diluted EPS TTM
19.07
-
19.85
21.86
20.90
-
15.39
14.30
13.77
-
19.78
18.03
Free Cash Flow Per Share TTM
19.31
10.72
16.51
11.99
0.05
1.25
2.46
8.79
18.10
12.37
15.28
7.75
Dividend Per Share TTM
22.69
13.99
21.51
21.35
21.05
12.97
10.46
10.38
6.64
4.14
6.38
6.27
Margin Metrics
Gross Profit Margin TTM
25.39%
25.29%
25.61%
25.63%
25.25%
24.75%
24.58%
24.31%
24.29%
24.22%
24.23%
23.72%
Operating Profit Margin TTM
11.33%
11.95%
11.74%
12.28%
11.69%
11.00%
5.28%
4.99%
4.87%
5.17%
11.34%
10.72%
Net Profit Margin TTM
7.81%
8.44%
8.20%
8.98%
8.53%
11.93%
6.21%
5.77%
5.75%
2.16%
8.49%
7.98%
Growth Metrics
Net Revenue Growth (1Y)
0.06%
-1.27%
-1.80%
-1.33%
-0.42%
0.11%
2.72%
6.15%
12.85%
21.34%
27.29%
29.87%
Net Income Growth (1Y)
-8.41%
-30.11%
29.65%
53.55%
47.68%
453.47%
-24.78%
-23.24%
-22.77%
-65.83%
45.32%
23.63%
EPS Growth (1Y)
-8.87%
-30.11%
28.90%
52.77%
51.65%
453.47%
-22.26%
-20.66%
-22.66%
-65.83%
44.60%
23.19%
Valuation Metrics
P/E TTM
28.02
39.69
20.93
14.67
14.61
18.57
20.26
18.55
20.38
69.02
10.83
12.68
P/B TTM
5.55
8.42
4.78
3.45
3.86
6.68
3.80
3.46
4.40
5.12
2.62
2.87
P/S TTM
2.19
3.35
1.72
1.32
1.25
2.22
1.26
1.07
1.17
1.49
0.92
1.01
Market Cap
74.18B
112.84B
57.66B
44.42B
42.21B
75.55B
43.06B
36.58B
39.88B
50.73B
30.60B
32.58B
Enterprise Value
78.80B
117.23B
62.39B
49.87B
47.87B
80.58B
48.47B
42.16B
43.83B
54.97B
35.22B
38.06B
Calculated Values
Free Cash Flow TTM
2.67B
2.39B
2.28B
1.65B
7.00M
279.00M
337.00M
1.21B
2.56B
2.75B
2.17B
1.10B
Net Debt
4.62B
4.39B
4.73B
5.46B
5.67B
5.03B
5.41B
5.58B
3.95B
4.24B
4.62B
5.48B
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
Valuation Ratios
P/CF TTM
Dividend Yield TTM
Free Cash Flow Yield TTM
EV EBITDA TTM
EV EBIT 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 2026-03-31), CUMMINS INC reported a 0.06% year-over-year revenue growth, a Gross Profit Margin of 25.39% (TTM), a Debt-to-Equity ratio of 1.58x, a Price-to-Sales (P/S) ratio of 2.19x (TTM), a Price-to-Book (P/B) ratio of 5.55 (TTM), at a market cap of $74.18B. Figures below are sourced from SEC EDGAR, as-filed.

Net Revenue TTM Growth 1Y
0.06%
Gross Profit Margin TTM
25.39%
Debt To Equity
1.58x
P/S TTM
2.19x
P/B TTM
5.55
Market Cap
$74.18B

Data as of 2026-03-31 · 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 $74.18B as of 2026-03-31.

What is CMI's P/E ratio?

CUMMINS INC (CMI)'s trailing twelve month P/E ratio is 28.02x as of 2026-03-31.

What exchange does CMI trade on?

CUMMINS INC (CMI) trades on the NYSE.

Where is CUMMINS INC incorporated?

CUMMINS INC is incorporated in IN.

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CUMMINS INC (CMI) financial data sourced directly from SEC EDGAR filings — including the latest 10-K annual report, 10-Q quarterly filings, insider transactions (SEC Form 4), institutional ownership (SEC Form 13F), Earning Marker Reaction Heat Map and 90+ calculated financial metrics like Price to Earnings Ratio (P/E), Return on Equity (ROE), Debt to Equity (D/E), Free Cash Flow Per Share (FCF/S), and Return on Invested Capital (ROIC). Unlike platforms that rely on third-party data aggregators, GeminIQ parses raw SEC filings directly — delivering institutional-grade accuracy at a fraction of the cost of Bloomberg Terminal or S&P Capital IQ.