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US stock · figures in US dollars · scored on full-year results

Cummins Cummins Inc. Common Stock

CMI · Industrials · Specialty Industrial Machinery
Top 26% of scored stocks
OkayTop 26% of scored stocks
Limited Data

Cummins scores 63/100 on fundamentals: in the top 26% of 503 scored S&P 500 stocks. Its strongest area is Financial Safety (83/100); its weakest is Price Fairness (33/100). It carries 1 warning flag: Limited Data.

Best
Financial 83
Weakest
Price 33
  • Carries a Limited Data flag

A financially strong, expensively priced stock, but price fairness needs attention.

Mkt capUS$ 68.7b#188 of 503 in the S&P 500EPSUS$ 19.57P/E25.4×✓ vs sector median 25.5×P/B5.4×✓ vs sector median 6×Div yield2%✓ Top 44% in the S&P 50052w range · 23% of range426.79737.76
as of 31 Oct 2026

Nearby peers

Ranks #17 of 76 in Industrials by score

One-Minute Summary

Why Cummins scores 63

A financially strong, expensively priced stock, but price fairness needs attention.

Business Strength

75
Why 75?
Pillar score: (2 + 1 + 2 + 1) = 6 of 8 points → 75 · 1 N/A skipped
Return on Equity (ROE)21%Strong4-Year Revenue Growth+1%/yrOkay4-Year Profit Growth+55%/yrStrongNet Profit Margin8%Okay

No data: Quarterly Momentum

Show 3 charts

Net Profit & Equity, with ROE

Net Profit ↑ +269.4%Equity ↑ +45.2%ROE % 21.1%
Net ProfitEquityROE %
735m3.9b2.8b2.7b8.8b10.3b12.3b12.8b202320242025TTM8.3%38.4%23%21.1%

Revenue & Net Profit, with Net Margin

Revenue → +1.9%Net Profit ↑ +269.4%Net Margin % 7.8%
RevenueNet ProfitNet Margin %
34.1b34.1b33.7b34.7b735m3.9b2.8b2.7b202320242025TTM2.2%11.6%8.4%7.8%

Sales have been roughly flat for 4 years: the business isn't really growing, just maintaining.

Profit climbed about 269.4% over 4 years: the business keeps more money as it grows.

Recent Quarters: Revenue & Net Profit (the last 8 quarters, scored)

Revenue ↑ +15.7%Net Profit ↑ +13.1%Net Margin % 9.9%
RevenueNet ProfitNet Margin %
8.2b8.6b8.3b8.5b8.4b9.5b824m890m536m593m654m932mQ1'25Q2'25Q3'25Q4'25Q1'26Q2'2610.1%10.3%6.4%6.9%7.8%9.9%
▼▬

Sales grew about 15.7% over the last 6 quarters: customers keep spending more with this company.

Profit grew about 13.1% over the last 6 quarters: the business is keeping more of what it earns.

Why 83?
Pillar score: (1 + 2 + 2) = 5 of 6 points → 83
Debt-to-Equity0.6×OkayCurrent Ratio1.7×StrongInterest Coverage13×Strong
Show 2 charts

Debt vs Equity, with D/E ratio

Total Debt ↑ +15%Equity ↑ +45.2%D/E 0.6×
Total DebtEquityD/E
7.2b7.6b8.1b8.3b8.8b10.3b12.3b12.8b202320242025TTM0.8×0.7×0.7×0.6×

Borrowings have stayed roughly level: manageable, as long as profits stay healthy.

Short-term assets vs bills, with Current Ratio

Current Assets ↑ +21.3%Current Liabilities ↓ -17.3%Current Ratio 1.7×
Current AssetsCurrent LiabilitiesCurrent Ratio
15.2b14.8b16.9b18.4b12.9b11.2b9.6b10.7b202320242025TTM1.2×1.3×1.8×1.7×
Why 75?
Pillar score: (0 + 2 + 2 + 2) = 6 of 8 points → 75
Dividend Quality2%Weak
Payout ratio: 41%
Operating Cash FlowPositive & growingStrongFree Cash FlowPositive & growingStrongCash & Cash EquivalentsGrowing & covers near-term debtStrong
Show 3 charts

Operating vs Free Cash Flow

Operating CF ↑ +17.2%Free CF ↑ +22.3%
Operating CFFree CF
4.0b1.5b3.6b4.6b2.8b279m2.4b3.4b202320242025TTM

The business generates real cash, and more of it each year: a very healthy sign.

Cash vs Total Debt

Cash ↑ +45.9%Short-Term Debt ↓ -49.4%Total Debt ↑ +15%
CashShort-Term DebtTotal Debt
2.2b1.7b2.8b3.2b1.9b2.3b760m958m7.2b7.6b8.1b8.3b202320242025TTM

Dividends per Share, with Yield

DPS (cents) ↑ +26.5%Yield % 1.6%
DPS (cents)Yield %
14514515715715716816818220020060465070076420222023202420253.1%3%2.4%1.6%

Dividends per share have been maintained or raised: management shares the rewards with you.

Why 33?
Pillar score: (0 + 0 + 2) = 2 of 6 points → 33
P/E Ratio25.4×WeakP/B Ratio5.4×WeakPEG Ratio0.5Strong
Show chart

Share Price: Weekly Closes (not part of the score)

US$ 714.20US$ 572.79US$ 431.37Oct '25Feb '26Jun '26Oct '26

The share price is up about 15.9% over the past year.

Why 50?
Pillar score: (1 + 0 + 2 + 1 + 1) = 5 of 10 points → 50 · 1 N/A skipped
Earnings ConsistencyUnevenOkayDebt Trend (4yr)RisingWeakShare Count Trend (4yr)-1%/yrStrongInventory vs Sales (4yr)+3.4 pp/yr vs salesOkayAsset Turnover Trend (4yr)-8.5%Okay

No data: Quarterly Consistency

Show chart

Revenue vs Inventory, with Inventory % of Revenue

Revenue → +1.9%Inventory ↑ +12.7%Inv. % of Rev. 18.4%
RevenueInventoryInv. % of Rev.
34.1b34.1b33.7b34.7b5.7b5.7b5.8b6.4b202320242025TTM16.7%16.8%17.3%18.4%
Ranks #17 of 76 in Industrials by score

Full Financial History

Every reported figure behind the score, year by year. Download it, or check it against the company's own annual report.

Financial YearRevenueNet ProfitOperating Cash FlowFree Cash FlowCapExCashTotal DebtShort-Term DebtEquityCurrent AssetsCurrent LiabilitiesTotal AssetsTotal LiabilitiesInventoryDividendsReturn on Equity (ROE)Net Profit MarginDebt-to-EquityCurrent RatioInterest CoverageDividend Payout RatioDiv yieldP/E RatioP/B RatioPEG Ratio
2026US$ 34.7bUS$ 2.7bUS$ 4.6bUS$ 3.4bUS$ -1.3bUS$ 3.2bUS$ 8.3bUS$ 958.0mUS$ 12.8bUS$ 18.4bUS$ 10.7bUS$ 35.6bUS$ 21.7bUS$ 6.4b-21%8%0.6×1.7×13.0×41%----
2025US$ 33.7bUS$ 2.8bUS$ 3.6bUS$ 2.4bUS$ -1.2bUS$ 2.8bUS$ 8.1bUS$ 760.0mUS$ 12.3bUS$ 16.9bUS$ 9.6bUS$ 34.0bUS$ 20.6bUS$ 5.8bUS$ 764.0m23%8%0.7×1.8×13.1×37%1%25.1×5.8×2.6
2024US$ 34.1bUS$ 3.9bUS$ 1.5bUS$ 279.0mUS$ -1.2bUS$ 1.7bUS$ 7.6bUS$ 2.3bUS$ 10.3bUS$ 14.8bUS$ 11.2bUS$ 31.5bUS$ 20.2bUS$ 5.7bUS$ 700.0m38%12%0.7×1.3×14.3×25%2%12.0×4.6×0.5
2023US$ 34.1bUS$ 735.0mUS$ 4.0bUS$ 2.8bUS$ -1.2bUS$ 2.2bUS$ 7.2bUS$ 1.9bUS$ 8.8bUS$ 15.2bUS$ 12.9bUS$ 32.0bUS$ 22.1bUS$ 5.7bUS$ 650.0m8%2%0.8×1.2×5.3×125%3%43.8×3.6×-