Cummins Inc.
NYSE•CMI
CEO: Ms. Jennifer W. Rumsey
Sector: Industrials
Industry: Industrial - Machinery
Listing Date: 1947-10-03
Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, electric and hybrid powertrains, and related components worldwide. It operates through five segments: Engine, Distribution, Components, Power Systems, and Accelera. The company offers diesel and natural gas-powered engines under the Cummins and other customer brands for the heavy and medium-duty truck, bus, recreational vehicle, light-duty automotive, construction, mining, marine, rail, oil and gas, defense, and agricultural markets; and offers parts and services, as well as remanufactured parts and engines. It provides power generation systems, horsepower engines, heavy and medium duty engines, application engineering services, custom-designed assemblies, retail and wholesale aftermarket parts, and in-shop and field-based repair services. In addition, the company offers emission solutions; turbochargers; air and fuel filters, fuel water separators, lube and hydraulic filters, coolants, fuel additives, and other filtration systems; and electronic control modules, sensors, and supporting software, as well as new, replacement, and remanufactured fuel systems. Further, it provides automated transmissions; standby and prime power generators, controls, paralleling systems, and transfer switches, as well as A/C generator/alternator products under the Stamford and AVK brands; and electrified power systems with components and subsystems, including battery, fuel cell, and hydrogen production technologies. Additionally, it offers filtration, aftertreatment, controls systems, air handling systems, and electric power generation systems, and batteries. It sells its products to original equipment manufacturers, distributors, dealers, and other customers. The company was formerly known as Cummins Engine Company and changed its name to Cummins Inc. in 2001. Cummins Inc. was founded in 1919 and is headquartered in Columbus, Indiana.
Contact Information
Market Cap
$75.30B
P/E (TTM)
26.5
41.2
Dividend Yield
1.4%
52W High
$617.98
52W Low
$260.02
52W Range
Rank28Top 16.1%
5.3
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 5.3 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q4 2025 Data
Revenue
$8.54B+0.00%
4-Quarter Trend
EPS
$4.29+0.00%
4-Quarter Trend
FCF
$990.00M+0.00%
4-Quarter Trend
2025 Annual Earnings Highlights
Key Highlights
Net Income Declines Net income attributable to Cummins $2.84B USD, down 28% due to Atmus divestiture absence and Accelera charges.
Operating Cash Flow Surges Cash from operations reached $3.6B USD, a $2.1B increase driven by absence of $1.9B Settlement Agreement payments.
Distribution Segment Leads Growth Distribution sales grew 9% to $12.41B USD, capturing 30% of total sales, with EBITDA margin improving to 14.6%.
Power Systems Strong Performance Power Systems sales increased 16% to $7.46B USD, driven by data center demand, achieving 22.7% EBITDA margin.
Risk Factors
Accelera Restructuring Costs Recorded $458M USD in total Accelera charges in 2025, including $210M goodwill impairment for electrolyzer business.
Truck Market Weakness Persists North American heavy and medium-duty truck demand remains weak, impacting Engine segment sales down 10% in 2025.
Regulatory Compliance Costs Ongoing regulatory scrutiny globally regarding emissions standards could increase costs and impact product compliance efforts.
Pension Funding Volatility U.K. pension trusts experienced a 0.8% loss in 2025; global plans are 112% funded, subject to market volatility.
Outlook
2026 Revenue Outlook Expect strong Power Systems demand and stable aftermarket business in 2026, offsetting weak H1 truck demand projections.
Exit Electrolyzer Commercial Activity Intend to stop new commercial activity in the electrolyzer space following rapid market deterioration and strategic review.
Capital Investment Focus Plan $1.35B to $1.45B USD capital expenditures in 2026, with over 65% invested in North America.
Dividend Policy Update Quarterly dividend increased 10% in July 2025 to $2.00 USD per share, funded by operating cash flow expectations.
Peer Comparison
Revenue (TTM)
$90.09B
$33.67B
$28.44B
Gross Margin (Latest Quarter)
70.5%
69.5%
48.6%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| FDX | $83.14B | 19.7 | 15.7% | 42.3% |
| ITW | $77.42B | 25.4 | 95.2% | 55.5% |
| CMI | $75.30B | 26.5 | 24.1% | 23.9% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
1.5%
Moderate Growth
4Q Net Income CAGR
-10.4%
Declining Profitability
Cash Flow Stability
75%
Volatile Cash Flow
Deep Research
Next earnings:May 4, 2026
EPS:$5.62
|Revenue:$8.33B
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
|---|
No Data