Cummins Inc. (CMI)
NYSE: CMI · Real-Time Price · USD
635.96
-12.89 (-1.99%)
At close: Aug 4, 2026, 4:00 PM EDT
631.00
-4.96 (-0.78%)
After-hours: Aug 4, 2026, 7:54 PM EDT

Cummins Statistics

Total Valuation

Cummins has a market cap or net worth of $87.76 billion. The enterprise value is $91.53 billion.

Market Cap87.76B
Enterprise Value 91.53B

Important Dates

The last earnings date was Tuesday, August 4, 2026, before market open.

Earnings Date Aug 4, 2026
Ex-Dividend Date Aug 21, 2026

Share Statistics

Cummins has 137.99 million shares outstanding. The number of shares has increased by 0.36% in one year.

Current Share Class 137.99M
Shares Outstanding 137.99M
Shares Change (YoY) +0.36%
Shares Change (QoQ) -0.22%
Owned by Insiders (%) 0.27%
Owned by Institutions (%) 87.25%
Float 137.40M

Valuation Ratios

The trailing PE ratio is 32.51 and the forward PE ratio is 19.67. Cummins's PEG ratio is 1.47.

PE Ratio 32.51
Forward PE 19.67
PS Ratio 2.53
Forward PS 2.31
PB Ratio 6.81
P/TBV Ratio 10.38
P/FCF Ratio 26.06
P/OCF Ratio 18.88
PEG Ratio 1.47
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 18.26, with an EV/FCF ratio of 27.18.

EV / Earnings 33.71
EV / Sales 2.64
EV / EBITDA 18.26
EV / EBIT 23.51
EV / FCF 27.18

Financial Position

The company has a current ratio of 1.73, with a Debt / Equity ratio of 0.55.

Current Ratio 1.73
Quick Ratio 0.98
Debt / Equity 0.55
Debt / EBITDA 1.54
Debt / FCF 2.29
Interest Coverage 12.13

Financial Efficiency

Return on equity (ROE) is 21.11% and return on invested capital (ROIC) is 15.92%.

Return on Equity (ROE) 21.11%
Return on Assets (ROA) 7.00%
Return on Invested Capital (ROIC) 15.92%
Return on Capital Employed (ROCE) 15.60%
Weighted Average Cost of Capital (WACC) 10.45%
Revenue Per Employee $514,955
Profits Per Employee $40,282
Employee Count67,400
Asset Turnover 0.99
Inventory Turnover 4.06

Taxes

In the past 12 months, Cummins has paid $1.02 billion in taxes.

Income Tax 1.02B
Effective Tax Rate 26.53%

Stock Price Statistics

The stock price has increased by +78.72% in the last 52 weeks. The beta is 1.25, so Cummins's price volatility has been higher than the market average.

Beta (5Y) 1.25
52-Week Price Change +78.72%
50-Day Moving Average 668.26
200-Day Moving Average 581.76
Relative Strength Index (RSI) 44.27
Average Volume (20 Days) 975,911

Short Selling Information

The latest short interest is 2.35 million, so 1.70% of the outstanding shares have been sold short.

Short Interest 2.35M
Short Previous Month 2.56M
Short % of Shares Out 1.70%
Short % of Float 1.71%
Short Ratio (days to cover) 2.08

Income Statement

In the last 12 months, Cummins had revenue of $34.71 billion and earned $2.72 billion in profits. Earnings per share was $19.56.

Revenue34.71B
Gross Profit 8.95B
Operating Income 3.91B
Pretax Income 3.85B
Net Income 2.72B
EBITDA 5.01B
EBIT 3.89B
Earnings Per Share (EPS) $19.56
Full Income Statement

Balance Sheet

The company has $3.92 billion in cash and $7.70 billion in debt, with a net cash position of -$3.77 billion or -$27.33 per share.

Cash & Cash Equivalents 3.92B
Total Debt 7.70B
Net Cash -3.77B
Net Cash Per Share -$27.33
Equity (Book Value) 13.91B
Book Value Per Share 93.36
Working Capital 7.76B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $4.65 billion and capital expenditures -$1.28 billion, giving a free cash flow of $3.37 billion.

Operating Cash Flow 4.65B
Capital Expenditures -1.28B
Depreciation & Amortization 1.11B
Net Borrowing -509.00M
Free Cash Flow 3.37B
FCF Per Share $24.40
Full Cash Flow Statement

Margins

Gross margin is 25.77%, with operating and profit margins of 11.27% and 7.82%.

Gross Margin 25.77%
Operating Margin 11.27%
Pretax Margin 11.09%
Profit Margin 7.82%
EBITDA Margin 14.44%
EBIT Margin 11.22%
FCF Margin 9.70%

Dividends & Yields

This stock pays an annual dividend of $8.80, which amounts to a dividend yield of 1.38%.

Dividend Per Share $8.80
Dividend Yield 1.38%
Dividend Growth (YoY) 9.92%
Years of Dividend Growth 20
Payout Ratio 45.71%
Buyback Yield -0.36%
Shareholder Yield 1.02%
Earnings Yield 3.09%
FCF Yield 3.84%
Dividend Details

Analyst Forecast

The average price target for Cummins is $754.86, which is 18.70% higher than the current price. The consensus rating is "Buy".

Price Target $754.86
Price Target Difference 18.70%
Analyst Consensus Buy
Analyst Count 22
Revenue Growth Forecast (3Y) 9.16%
EPS Growth Forecast (3Y) 19.11%
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on January 3, 2008. It was a forward split with a ratio of 2:1.

Last Split Date Jan 3, 2008
Split Type Forward
Split Ratio 2:1

Scores

Altman Z-Score n/a
Piotroski F-Score 6