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StockVS

NYSE · Specialty Industrial Machinery · USD

Cummins Inc. (CMI) Stock Analysis

Cummins Inc. (CMI) is a Specialty Industrial Machinery stock listed on NYSE and quoted in US Dollar.

Last Updated: October 21, 2026

CMI

$542.21

+$5.99 (+1.12%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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CMI Key Statistics

As of Oct 21, 2026
Trading
Open
$545.00
Previous Close
$536.22
Day's Range
540.42–548.42
52-Week Range
407.57–737.76
Volume
1.29M
BetaHow much the share price moves relative to the wider market. 1.0 moves in line with it; above 1.0 swings more, below 1.0 less.
1.24
Valuation
Market Cap
$73.15B
P/E Ratio
27.15
Forward P/EShare price divided by forecast earnings for the year ahead, rather than the year just past.
15.26
PEG RatioThe P/E ratio divided by the expected earnings growth rate. It puts a high P/E in the context of how fast profits are growing.
1.06
P/S ratioMarket value divided by annual revenue. Useful for companies that are not yet profitable, where a P/E cannot be calculated.
2.11
EPS (ttm)Profit attributable to each share over the last twelve months.
19.57
Financials (FY)
Revenue (FY)
$33.67B−1.27%
Net Income (FY)
$2.84B−27.95%
Profit marginThe share of revenue left as profit after all costs and taxes.
7.82%
Shares OutstandingThe total number of shares held by all investors. Market value is this figure multiplied by the share price.
137.66M
1-Year Return
+31.62%
Dividend and dates
Dividend
$8.80+1.66%
Ex-Dividend Date
November 20, 2026
Earnings Date
November 5, 2026
Avg Volume
1.05M

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, CMI closed at $542.21, +31.62% over 1 year.

Cummins Inc. (CMI) has a market capitalization of $73.15B.

In fiscal 2025, CMI reported revenue of $33.67B.

CMI Stock Return by Calendar Year

Cummins Inc. (CMI) 10-year return: what $10,000 became

1 year
$10,000 $13,162
+31.62%
5 years
$10,000 $25,261
+152.61%
10 years
$10,000 $55,187
+451.87%

If you had invested $10,000 in Cummins Inc. (CMI) 10 years ago, at the close on October 21, 2016, it would have been worth $55,187 at the close on October 21, 2026: +451.87% in total, +18.63% a year, with dividends reinvested. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

YearReturn
2026 (partial year)+7.31%
2025+49.36%
2024+48.92%
2023+1.72%
2022+14.09%
2021−1.68%
2020+30.50%
2019+38.04%
2018−22.06%
2017+32.74%
2016 (partial year)+9.41%

As of October 21, 2026.

CMI Revenue and Earnings by Fiscal Year

FY ends December
Fiscal yearRevenueNet incomeNet margin
2025$33.67B$2.84B8.4%
2024$34.10B$3.95B11.6%
2023$34.07B$735.00M2.2%
2022$28.07B$2.15B7.7%
Fiscal yearRevenueGross profitOperating incomeNet incomeNet margin
2025$33.67B$8.52B$3.87B$2.84B8.4%
2024$34.10B$8.44B$3.37B$3.95B11.6%
2023$34.07B$8.25B$1.28B$735.00M2.2%
2022$28.07B$6.72B$2.58B$2.15B7.7%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

CMI Dividend History

$7.64+9.1% vs 2024

Dividends per share, 2025 · 4 payments

YearDividends per sharePaymentsChange
2026*$6.203—
2025$7.644+9.1%
2024$7.004+7.7%
2023$6.504+7.6%
YearDividends per sharePaymentsChange
2026 (partial year)$6.203—
2025$7.644+9.1%
2024$7.004+7.7%
2023$6.504+7.6%
2022$6.044+7.9%
2021$5.604+6.0%
2020$5.284+7.8%
2019$4.904+10.4%
2018$4.444+5.5%
2017$4.214+310.7%
2016$1.031—

Most recent payment: $2.07 per share, ex-dividend August 21, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

CMI Valuation vs Specialty Industrial Machinery Median

Median of 84 stocks
MetricCMISpecialty Industrial Machinery medianvs median
P/E27.1530.3310% below
P/S ratio2.112.7523% below
Profit margin7.82%8.01%0.2 pts below

Medians across 84 Specialty Industrial Machinery stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

All 20 articles ↓

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

Cummins Inc. (CMI) is capitalised at $73.15B on the latest close. It is classified in the Specialty Industrial Machinery industry, within the Industrials sector. The company reports 67,400 employees.

The 52-week range on file runs from $407.57 to $737.76. The most recent close on file for CMI is $542.21, dated October 21, 2026. That is +$5.99 (+1.12%) against the previous close. The latest close sits 33.03% above that 52-week low.

Financial Health

In fiscal 2025, Cummins Inc. reported revenue of $33.67B. That is −1.27% against the prior fiscal year, when revenue was $34.10B. Net income for the same year was $2.84B. That is −27.95% against the prior fiscal year. The reported profit margin is 7.82%. That is 0.2 percentage points below the Specialty Industrial Machinery median of 8.01%. Trailing earnings per share are 19.57.

Across the 4 fiscal years on file, revenue moves from $28.07B in 2022 to $33.67B in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

CMI trades at a trailing price-to-earnings ratio of 27.15. That is 10.48% below the Specialty Industrial Machinery median of 30.33. The forward P/E on file is 15.26. The PEG ratio, which sets the P/E against expected earnings growth, reads 1.06. The price-to-sales ratio is 2.11. On price-to-sales that is 23.38% below the Specialty Industrial Machinery median of 2.75. 84 Specialty Industrial Machinery companies report these metrics, and the medians quoted come from that group.

The trailing one-year total return is +31.62%. Across 10 years the annualized return works out at +18.63%. The reported beta is 1.24. Annualized volatility over the trailing 10 years is 28.54%.

Growth & Income

The trailing dividend yield is 1.66%. That is 0.5 percentage points above the Specialty Industrial Machinery median yield of 1.15%. The indicated annual rate is $8.80 a share. The ex-dividend date on file is November 20, 2026. Dividends are recorded for 11 calendar years; 2026 shows 3 payments totalling $6.20 a share. The year before, 2025, totalled $7.64 a share.

2026 is still running; the total return is +7.31% year to date. Across the complete calendar years on file, 2025 returned +49.36% and 2018 returned −22.06%. Of the 9 complete calendar years on file, 7 finished higher.

Peer Comparison

Cummins Inc. (CMI) operates in the Specialty Industrial Machinery industry. Here is how it compares to its closest peers by market capitalization:

Company Ticker Market Cap P/E Ratio
Cummins Inc. CMI $73.15B 27.2
GE Vernova Inc. GEV $246.60B 26.6
Eaton Corporation plc ETN $153.01B 40.1
Parker-Hannifin Corporation PH $120.84B 33.7

The Specialty Industrial Machinery industry average P/E ratio is 30.3x. Cummins Inc. trades at a P/E of 27.2.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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 ITW

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About Cummins Inc.

Cummins Inc. offers various power solutions worldwide. The company operates through five segments: Engine, Distribution, Components, Power Systems, and Accelera. It offers diesel and natural gas-powered engines; and drivetrain systems, including axles, drivelines, brakes, and suspension systems; and on- and off-highway, and other products. The company also provides aftertreatment technology and solutions comprising custom engineering systems and integrated controls, oxidation catalysts, particulate filters, and selective catalytic reduction systems, as well as engineered components, including dosers; turbochargers, fuel systems, and valvetrain technologies; electronic control modules, sensors, and supporting software; and automated manual transmissions, and automatic transmissions for internal combustion engines. In addition, it sells and offers support services power generation systems, high-horsepower engines, and heavy-duty and medium-duty engines; offers application engineering services, custom-designed assemblies, and in-shop and field-based repair services; and retail and wholesale aftermarket parts. Further, the company offers standby and prime power generators, controls, paralleling systems, and transfer switches; turnkey solutions for distributed generation and energy management applications using natural gas, diesel, battery energy storage systems, and newer alternative sustainable fuels; diesel and natural gas high-speed, high-horsepower engines; and A/C generator/alternator products. Additionally, it provides electrified power systems, including batteries, fuel cells, and electric powertrain technologies. 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.

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