Cummins Inc.

Cummins Inc.

CMIยทNYSE

$682.33

+6.0%
IndustrialsIndustrial - Machinery

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 New Power. 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 new parts and services, as well as remanufactured parts and engines. It also provides power generation systems, high-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, automated transmissions, electric power generation systems, and batteries. The company 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.

At a Glance

Live Snapshot
Market Cap$94.15B
EPS20.6200
P/E Ratio33.09
Earnings Date08/04/2026
3Y+20.0%
5Y+70.0%
10Y+92.0%
3Y+32.0%
5Y+59.0%
10Y+104.0%
3Y+85.0%
5Y+33.0%
10Y+87.0%
Cummins Inc.

Cummins Inc. Profit Bridge

CMI ยท NYSE
Revenue33.67B
Cost of Goods Sold (25.15B)
Gross Profit8.52B
Operating Expenses (4.52B)
Operating Income4.00B
Interest Expense (329.00M)
Other Income/Expense-32.00M
Pretax Income3.96B
Income Tax (1.01B)
Net Income2.84B
Net Income
2.84B

Profitability Analysis

Gross Margin

25.3%

Moderate margins typical of competitive industries. Monitor for pricing pressure or rising costs.

Operating Margin

11.9%

Acceptable margins but limited operational leverage. Operating expense control is important.

Net Profit Margin

8.4%

Moderate profitability with room for improvement. Monitor interest expenses and tax efficiency.

Effective Tax Rate

25.4%

Higher tax burden may reflect limited tax optimization or operations in high-tax jurisdictions.

Profitability Insight

Efficient profit conversion: Minimal margin compression from gross to net indicates lean operations and favorable tax/interest environment.

Cummins Inc. Income Statement

CMI โ€ข NYSE

Cummins Inc. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
REVENUE
33.7B
34.1B
34.1B
28.1B
24B
19.8B
23.6B
23.8B
20.4B
17.5B
19.1B
19.2B
17.3B
17.3B
18B
13.2B
10.8B
14.3B
13B
11.4B
GROSS PROFIT
(25.2B)
(25.7B)
(25.8B)
(21.4B)
(18.3B)
(14.9B)
(17.6B)
(18B)
(15.3B)
(13.1B)
(14.2B)
(14.4B)
(13B)
(12.9B)
(13.5B)
(10.1B)
(8.6B)
(11.4B)
(10.5B)
(8.8B)
8.5B
8.4B
8.2B
6.7B
5.7B
4.9B
6B
5.7B
5.1B
4.5B
4.9B
4.9B
4.3B
4.4B
4.6B
3.2B
2.2B
2.9B
2.6B
2.6B
OPERATING INCOME
(4.5B)
(4.7B)
(6.5B)
(3.8B)
(3B)
(2.6B)
(3.3B)
(3B)
(2.8B)
(2.6B)
(2.9B)
(2.5B)
(2.2B)
(2.2B)
(1.9B)
(1.6B)
(1.5B)
(1.7B)
(1.4B)
(1.5B)
(3.1B)
(3.3B)
(3.3B)
(2.7B)
(2.4B)
(2.1B)
(2.5B)
(2.4B)
(2.4B)
(2.1B)
(2.1B)
(2.1B)
(1.8B)
(1.8B)
(1.8B)
(1.5B)
(1.2B)
(1.5B)
(1.3B)
(1.3B)
(1.4B)
(1.5B)
(1.5B)
(1.3B)
(1.1B)
(906M)
(1B)
(902M)
(752M)
(636M)
(735M)
(754M)
(713M)
(728M)
(629M)
(414M)
(362M)
(422M)
(329M)
(321M)
4B
3.8B
1.8B
2.9B
2.7B
2.3B
2.7B
2.8B
2.3B
1.9B
2.1B
2.4B
2.1B
2.3B
2.7B
1.6B
682M
1.3B
1.2B
1.1B
PRE-TAX INCOME
(329M)
(370M)
(375M)
(199M)
(111M)
(100M)
(109M)
(114M)
(81M)
(69M)
(65M)
(64M)
(41M)
(32M)
(44M)
(40M)
(35M)
(42M)
(0.0)
(0.0)
-329M
-184M
-136M
-74M
-29M
-5M
-50M
-56M
-14M
-14M
-8M
-13M
12M
15M
15M
-19M
-27M
-24M
0.0
0.0
(0.0)
-49M
(1.7B)
-175M
-475M
-406M
-175M
-388M
-417M
-158M
(63M)
-353M
-351M
-374M
-558M
-335M
-114M
-204M
-227M
-140M
-32M
1.2B
-135M
-110M
45M
69M
134M
-33M
31M
50M
-32M
69M
18M
17M
-10M
15M
-42M
-94M
1.1B
-48M
4B
4.9B
1.6B
2.8B
2.8B
2.3B
2.8B
2.8B
2.4B
1.9B
2B
2.4B
2.1B
2.3B
2.7B
1.6B
640M
1.2B
1.2B
1.1B
NET INCOME
(1B)
(835M)
(786M)
(636M)
(587M)
(527M)
(566M)
(566M)
(1.4B)
(474M)
(555M)
(698M)
(531M)
(533M)
(725M)
(477M)
(156M)
(360M)
(381M)
(324M)
2.8B
3.9B
735M
2.2B
2.1B
1.8B
2.3B
2.1B
999M
1.4B
1.4B
1.7B
1.5B
1.6B
1.8B
1B
428M
755M
739M
715M

SEC Filings

CMI - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 14, 2026
May 12, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 05, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 05, 2026
May 05, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 02, 2026
May 12, 2026
2026
10-K

10-K 2025 FY

FY

February 10, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 05, 2026
February 05, 2026
2026
10-Q

10-Q 2025 Q3

Q3

November 06, 2025
September 30, 2025
2025
8-K

8-K 2025

N/A

November 06, 2025
November 06, 2025
2025
8-K

8-K 2025

N/A

August 05, 2025
August 05, 2025
2025
10-Q

10-Q 2025 Q2

Q2

August 05, 2025
June 30, 2025
2025
Showing 1 to 10 of 452 filings