Cummins Inc. (CMI)

Cummins Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Total Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 21, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Market Capitalization	80,903	70,461	47,822	33,958	34,168	31,201
Market Cap Growth	48.14%	47.34%	40.83%	-0.62%	9.51%	-7.17%
Enterprise Value	85,265	76,581	54,791	40,264	41,182	33,505
Last Close Price	587.68	507.15	339.55	228.00	224.15	196.47

Price Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 21, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
PE Ratio	30.04	24.78	12.12	46.20	15.89	14.64
Forward PE	17.87	21.27	15.95	12.50	12.62	13.28
PS Ratio	2.33	2.09	1.40	1.00	1.22	1.30
PB Ratio	6.30	5.26	4.23	3.43	3.34	3.32
P/TBV Ratio	9.57	8.85	8.62	8.86	8.66	5.24
P/FCF Ratio	24.03	29.53	171.40	12.34	32.67	20.50
P/OCF Ratio	17.41	19.46	32.16	8.56	17.42	13.83
PEG Ratio	1.40	1.87	1.69	1.54	1.31	0.86

EV Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 21, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
EV/Sales Ratio	2.46	2.27	1.61	1.18	1.47	1.40
EV/EBITDA Ratio	16.98	14.76	11.34	17.55	11.87	11.72
EV/EBIT Ratio	21.80	18.69	14.50	31.51	15.31	15.23
EV/FCF Ratio	25.32	32.10	196.38	14.63	39.37	22.01

Financial Efficiency

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 21, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Debt / Equity Ratio	0.60	0.61	0.67	0.74	0.83	0.49
Debt / EBITDA Ratio	1.58	1.50	1.50	2.93	2.32	1.51
Debt / FCF Ratio	2.46	3.40	27.23	2.66	8.13	3.04
Net Debt / Equity Ratio	0.31	0.34	0.47	0.46	0.58	0.15
Net Debt / EBITDA Ratio	0.87	0.87	1.10	2.00	1.71	0.51
Net Debt / FCF Ratio	1.30	1.89	19.12	1.67	5.67	0.95
Asset Turnover	0.99	1.03	1.07	1.09	1.04	1.04
Inventory Turnover	4.06	4.32	4.47	4.58	4.29	4.71
Quick Ratio	0.99	1.02	0.67	0.65	0.69	1.03
Current Ratio	1.73	1.76	1.31	1.18	1.26	1.74
Return on Equity (ROE)	21.11%	23.93%	38.36%	8.35%	22.25%	23.54%
Return on Assets (ROA)	7.00%	7.81%	7.43%	2.56%	6.23%	5.93%
Return on Invested Capital (ROIC)	15.66%	17.69%	20.14%	4.31%	15.43%	16.78%
Return on Capital Employed (ROCE)	15.70%	16.80%	18.60%	6.70%	14.20%	13.20%

Yields

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 21, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Earnings Yield	3.36%	4.04%	8.25%	2.16%	6.30%	6.83%
FCF Yield	4.16%	3.39%	0.58%	8.11%	3.06%	4.88%
Dividend Yield	1.50%	1.51%	2.06%	2.85%	2.70%	2.85%
Payout Ratio	44.98%	37.11%	24.56%	125.31%	39.75%	37.96%
Buyback Yield / Dilution	-0.36%	0.29%	2.52%	-0.28%	2.47%	2.08%
Total Shareholder Return	1.14%	1.79%	4.58%	2.57%	5.16%	4.93%

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Aug 4, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 20, 2026

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