Cummins Inc. (CMI)
NYSE: CMI · Real-Time Price · USD
711.57
+7.01 (0.99%)
May 13, 2026, 1:19 PM EDT - Market open

Cummins Statistics

Total Valuation

Cummins has a market cap or net worth of $98.19 billion. The enterprise value is $102.28 billion.

Market Cap98.19B
Enterprise Value 102.28B

Important Dates

The last earnings date was Tuesday, May 5, 2026, before market open.

Earnings Date May 5, 2026
Ex-Dividend Date Feb 20, 2026

Share Statistics

Cummins has 137.99 million shares outstanding. The number of shares has increased by 0.49% in one year.

Current Share Class 137.99M
Shares Outstanding 137.99M
Shares Change (YoY) +0.49%
Shares Change (QoQ) -0.14%
Owned by Insiders (%) 0.33%
Owned by Institutions (%) 86.83%
Float 137.33M

Valuation Ratios

The trailing PE ratio is 36.59 and the forward PE ratio is 23.46. Cummins's PEG ratio is 1.87.

PE Ratio 36.59
Forward PE 23.46
PS Ratio 2.87
Forward PS 2.57
PB Ratio 7.87
P/TBV Ratio 12.25
P/FCF Ratio 36.40
P/OCF Ratio 24.72
PEG Ratio 1.87
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 20.44, with an EV/FCF ratio of 38.29.

EV / Earnings 38.26
EV / Sales 3.02
EV / EBITDA 20.44
EV / EBIT 26.25
EV / FCF 38.29

Financial Position

The company has a current ratio of 1.71, with a Debt / Equity ratio of 0.62.

Current Ratio 1.71
Quick Ratio 0.96
Debt / Equity 0.62
Debt / EBITDA 1.57
Debt / FCF 3.08
Interest Coverage 11.88

Financial Efficiency

Return on equity (ROE) is 21.99% and return on invested capital (ROIC) is 15.81%.

Return on Equity (ROE) 21.99%
Return on Assets (ROA) 7.27%
Return on Invested Capital (ROIC) 15.81%
Return on Capital Employed (ROCE) 16.05%
Weighted Average Cost of Capital (WACC) 10.57%
Revenue Per Employee $502,878
Profits Per Employee $39,659
Employee Count67,400
Asset Turnover 1.01
Inventory Turnover 4.10

Taxes

In the past 12 months, Cummins has paid $993.00 million in taxes.

Income Tax 993.00M
Effective Tax Rate 26.27%

Stock Price Statistics

The stock price has increased by +114.86% in the last 52 weeks. The beta is 1.27, so Cummins's price volatility has been higher than the market average.

Beta (5Y) 1.27
52-Week Price Change +114.86%
50-Day Moving Average 600.15
200-Day Moving Average 507.72
Relative Strength Index (RSI) 67.95
Average Volume (20 Days) 850,429

Short Selling Information

The latest short interest is 2.03 million, so 1.47% of the outstanding shares have been sold short.

Short Interest 2.03M
Short Previous Month 1.64M
Short % of Shares Out 1.47%
Short % of Float 1.48%
Short Ratio (days to cover) 2.65

Income Statement

In the last 12 months, Cummins had revenue of $33.89 billion and earned $2.67 billion in profits. Earnings per share was $19.25.

Revenue33.89B
Gross Profit 8.76B
Operating Income 3.90B
Pretax Income 3.78B
Net Income 2.67B
EBITDA 5.00B
EBIT 3.90B
Earnings Per Share (EPS) $19.25
Full Income Statement

Balance Sheet

The company has $3.18 billion in cash and $8.24 billion in debt, with a net cash position of -$5.06 billion or -$36.66 per share.

Cash & Cash Equivalents 3.18B
Total Debt 8.24B
Net Cash -5.06B
Net Cash Per Share -$36.66
Equity (Book Value) 13.37B
Book Value Per Share 89.51
Working Capital 7.21B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $3.93 billion and capital expenditures -$1.26 billion, giving a free cash flow of $2.67 billion.

Operating Cash Flow 3.93B
Capital Expenditures -1.26B
Depreciation & Amortization 1.11B
Net Borrowing 166.00M
Free Cash Flow 2.67B
FCF Per Share $19.36
Full Cash Flow Statement

Margins

Gross margin is 25.85%, with operating and profit margins of 11.50% and 7.89%.

Gross Margin 25.85%
Operating Margin 11.50%
Pretax Margin 11.15%
Profit Margin 7.89%
EBITDA Margin 14.76%
EBIT Margin 11.50%
FCF Margin 7.88%

Dividends & Yields

This stock pays an annual dividend of $8.00, which amounts to a dividend yield of 1.12%.

Dividend Per Share $8.00
Dividend Yield 1.12%
Dividend Growth (YoY) 9.52%
Years of Dividend Growth 20
Payout Ratio 40.62%
Buyback Yield -0.49%
Shareholder Yield 0.65%
Earnings Yield 2.75%
FCF Yield 2.75%
Dividend Details

Analyst Forecast

The average price target for Cummins is $653.69, which is -8.13% lower than the current price. The consensus rating is "Buy".

Price Target $653.69
Price Target Difference -8.13%
Analyst Consensus Buy
Analyst Count 14
Revenue Growth Forecast (5Y) 7.10%
EPS Growth Forecast (5Y) n/a
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 4.24 and a Piotroski F-Score of 6.

Altman Z-Score 4.24
Piotroski F-Score 6