Cummins Inc. (CMI)
NYSE: CMI · Real-Time Price · USD
463.26
+9.08 (2.00%)
At close: Nov 11, 2026, 4:00 PM EST
462.00
-1.26 (-0.27%)
After-hours: Nov 11, 2026, 7:59 PM EST
Cummins Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 35,829 | 33,670 | 34,102 | 34,065 | 28,074 | 24,021 | |
Revenue Growth | 6.69% | -1.27% | 0.11% | 21.34% | 16.87% | 21.25% |
Cost of Revenue | 26,428 | 24,997 | 25,551 | 25,816 | 21,338 | 18,326 |
Gross Profit | 9,401 | 8,673 | 8,551 | 8,249 | 6,736 | 5,695 |
Selling, General & Admin | 3,324 | 3,057 | 3,153 | 3,333 | 2,657 | 2,374 |
Research & Development | 1,486 | 1,389 | 1,461 | 1,500 | 1,278 | 1,090 |
Other Operating Expenses | 350 | 130 | 158 | 2,138 | 111 | 31 |
Operating Expenses | 5,160 | 4,576 | 4,772 | 6,971 | 4,046 | 3,495 |
Operating Income | 4,241 | 4,097 | 3,779 | 1,278 | 2,690 | 2,200 |
Interest Expense | -319 | -329 | -370 | -375 | -199 | -111 |
Interest & Investment Income | 123 | 106 | 87 | - | 49 | - |
Earnings From Equity Investments | 545 | 469 | 395 | 483 | 349 | 506 |
Currency Exchange Gain (Loss) | 5 | 5 | -41 | - | - | - |
Other Non Operating Income (Expenses) | 56 | 68 | 24 | 240 | 40 | 156 |
EBT Excluding Unusual Items | 4,651 | 4,416 | 3,874 | 1,626 | 2,929 | 2,751 |
Merger & Restructuring Charges | -458 | -458 | -295 | - | -30 | - |
Gain (Loss) on Sale of Investments | 22 | 22 | 8 | - | - | - |
Gain (Loss) on Sale of Assets | - | - | 1,333 | - | - | - |
Asset Writedown | 13 | -17 | -17 | - | -17 | - |
Other Unusual Items | - | - | - | - | -63 | - |
Pretax Income | 4,438 | 3,963 | 4,903 | 1,626 | 2,819 | 2,751 |
Income Tax Expense | 1,001 | 1,006 | 835 | 786 | 636 | 587 |
Earnings From Continuing Operations | 3,437 | 2,957 | 4,068 | 840 | 2,183 | 2,164 |
Minority Interest in Earnings | -118 | -114 | -122 | -105 | -32 | -33 |
Net Income | 3,319 | 2,843 | 3,946 | 735 | 2,151 | 2,131 |
Net Income to Common | 3,319 | 2,843 | 3,946 | 735 | 2,151 | 2,131 |
Net Income Growth | 24.40% | -27.95% | 436.87% | -65.83% | 0.94% | 19.12% |
Shares Outstanding (Basic) | 138 | 138 | 138 | 142 | 142 | 145 |
Shares Outstanding (Diluted) | 139 | 139 | 139 | 143 | 142 | 146 |
Shares Change | 0.04% | -0.29% | -2.52% | 0.28% | -2.47% | -2.08% |
EPS (Basic) | 24.06 | 20.62 | 28.55 | 5.19 | 15.20 | 14.74 |
EPS (Diluted) | 23.97 | 20.50 | 28.37 | 5.15 | 15.12 | 14.61 |
EPS Growth | 24.43% | -27.74% | 450.87% | -65.94% | 3.49% | 21.65% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 3,462 | 2,386 | 279 | 2,753 | 1,046 | 1,522 |
Free Cash Flow Per Share | 24.99 | 17.20 | 2.01 | 19.29 | 7.35 | 10.43 |
Dividend Per Share | 8.200 | 7.640 | 7.000 | 6.500 | 6.040 | 5.600 |
Dividend Growth | 9.92% | 9.14% | 7.69% | 7.62% | 7.86% | 6.00% |
Gross Margin | 26.24% | 25.76% | 25.07% | 24.21% | 23.99% | 23.71% |
Operating Margin | 11.84% | 12.17% | 11.08% | 3.75% | 9.58% | 9.16% |
Profit Margin | 9.26% | 8.44% | 11.57% | 2.16% | 7.66% | 8.87% |
Free Cash Flow Margin | 9.66% | 7.09% | 0.82% | 8.08% | 3.73% | 6.34% |
EBITDA | 5,360 | 5,190 | 4,832 | 2,294 | 3,471 | 2,859 |
EBITDA Margin | 14.96% | 15.41% | 14.17% | 6.73% | 12.36% | 11.90% |
D&A For EBITDA | 1,119 | 1,093 | 1,053 | 1,016 | 781 | 659 |
EBIT | 4,241 | 4,097 | 3,779 | 1,278 | 2,690 | 2,200 |
EBIT Margin | 11.84% | 12.17% | 11.08% | 3.75% | 9.58% | 9.16% |
Effective Tax Rate | 22.55% | 25.39% | 17.03% | 48.34% | 22.56% | 21.34% |