Cummins Inc. (CMI)
NYSE: CMI · Real-Time Price · USD
464.92
+8.94 (1.96%)
At close: Nov 18, 2025, 4:00 PM EST
464.92
0.00 (0.00%)
After-hours: Nov 18, 2025, 7:00 PM EST

Cummins Statistics

Total Valuation

Cummins has a market cap or net worth of $64.18 billion. The enterprise value is $69.55 billion.

Market Cap64.18B
Enterprise Value 69.55B

Important Dates

The last earnings date was Thursday, November 6, 2025, before market open.

Earnings Date Nov 6, 2025
Ex-Dividend Date Nov 21, 2025

Share Statistics

Cummins has 138.04 million shares outstanding. The number of shares has decreased by -1.28% in one year.

Current Share Class 138.04M
Shares Outstanding 138.04M
Shares Change (YoY) -1.28%
Shares Change (QoQ) +0.22%
Owned by Insiders (%) 0.46%
Owned by Institutions (%) 86.96%
Float 137.21M

Valuation Ratios

The trailing PE ratio is 24.14 and the forward PE ratio is 19.74. Cummins's PEG ratio is 1.71.

PE Ratio 24.14
Forward PE 19.74
PS Ratio 1.87
Forward PS 1.91
PB Ratio 5.22
P/TBV Ratio 8.60
P/FCF Ratio 28.30
P/OCF Ratio 18.37
PEG Ratio 1.71
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 13.28, with an EV/FCF ratio of 30.53.

EV / Earnings 26.07
EV / Sales 2.07
EV / EBITDA 13.28
EV / EBIT 16.74
EV / FCF 30.53

Financial Position

The company has a current ratio of 1.77, with a Debt / Equity ratio of 0.63.

Current Ratio 1.77
Quick Ratio 0.93
Debt / Equity 0.63
Debt / EBITDA 1.50
Debt / FCF 3.62
Interest Coverage 12.36

Financial Efficiency

Return on equity (ROE) is 22.77% and return on invested capital (ROIC) is 12.70%.

Return on Equity (ROE) 22.77%
Return on Assets (ROA) 7.90%
Return on Invested Capital (ROIC) 12.70%
Return on Capital Employed (ROCE) 17.18%
Revenue Per Employee $482,486
Profits Per Employee $38,333
Employee Count69,600
Asset Turnover 1.02
Inventory Turnover 4.01

Taxes

In the past 12 months, Cummins has paid $1.05 billion in taxes.

Income Tax 1.05B
Effective Tax Rate 27.44%

Stock Price Statistics

The stock price has increased by +28.48% in the last 52 weeks. The beta is 1.12, so Cummins's price volatility has been higher than the market average.

Beta (5Y) 1.12
52-Week Price Change +28.48%
50-Day Moving Average 430.92
200-Day Moving Average 363.07
Relative Strength Index (RSI) 59.40
Average Volume (20 Days) 934,965

Short Selling Information

The latest short interest is 1.62 million, so 1.17% of the outstanding shares have been sold short.

Short Interest 1.62M
Short Previous Month 1.65M
Short % of Shares Out 1.17%
Short % of Float 1.18%
Short Ratio (days to cover) 1.85

Income Statement

In the last 12 months, Cummins had revenue of $33.58 billion and earned $2.67 billion in profits. Earnings per share was $19.26.

Revenue33.58B
Gross Profit 8.74B
Operating Income 4.15B
Pretax Income 3.83B
Net Income 2.67B
EBITDA 5.24B
EBIT 4.15B
Earnings Per Share (EPS) $19.26
Full Income Statement

Balance Sheet

The company has $3.16 billion in cash and $8.25 billion in debt, giving a net cash position of -$5.09 billion or -$36.85 per share.

Cash & Cash Equivalents 3.16B
Total Debt 8.25B
Net Cash -5.09B
Net Cash Per Share -$36.85
Equity (Book Value) 13.10B
Book Value Per Share 87.40
Working Capital 7.27B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $3.51 billion and capital expenditures -$1.23 billion, giving a free cash flow of $2.28 billion.

Operating Cash Flow 3.51B
Capital Expenditures -1.23B
Free Cash Flow 2.28B
FCF Per Share $16.50
Full Cash Flow Statement

Margins

Gross margin is 26.03%, with operating and profit margins of 12.37% and 7.94%.

Gross Margin 26.03%
Operating Margin 12.37%
Pretax Margin 11.42%
Profit Margin 7.94%
EBITDA Margin 15.60%
EBIT Margin 12.37%
FCF Margin 6.78%

Dividends & Yields

This stock pays an annual dividend of $8.00, which amounts to a dividend yield of 1.72%.

Dividend Per Share $8.00
Dividend Yield 1.72%
Dividend Growth (YoY) 9.14%
Years of Dividend Growth 19
Payout Ratio 39.67%
Buyback Yield 1.28%
Shareholder Yield 3.00%
Earnings Yield 4.14%
FCF Yield 3.53%
Dividend Details

Analyst Forecast

The average price target for Cummins is $440.25, which is -5.31% lower than the current price. The consensus rating is "Buy".

Price Target $440.25
Price Target Difference -5.31%
Analyst Consensus Buy
Analyst Count 13
Revenue Growth Forecast (5Y) 6.36%
EPS Growth Forecast (5Y) 6.94%
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

Cummins has an Altman Z-Score of 4 and a Piotroski F-Score of 6.

Altman Z-Score 4
Piotroski F-Score 6