Cummins Inc. (CMI)

NYSE: CMI · USD

$644

+0.26 (+0.0%)· Recorded snapshot

Coverage state: Latest published research available

Market snapshot recorded 2026-08-10 02:00 UTC. Latest published research analyzed 2026-05-13 · historical · sources unverified. Prices and fundamentals on this server-rendered page are dated snapshots, not a real-time trading feed.

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StockMarketAgent Research · Analyzed 2026-05-13

Our latest published analysis: CMI rated Reduce

CMI is rated Reduce at $709.57 versus the reconciled fair value midpoint of $537.46, implying -24.26% upside/downside. Confidence is separately disclosed at 81/100.

Fair value (mid)

$537 / share

$424 – $652

Upside to FV

-24.3%

from $644

Confidence

81/100

Moat

9/10

Read full analysis

Market cap	$97.9B
Revenue (ttm)	34.7B
Net income (ttm)	2.7B
EPS (ttm)	$19.6
Shares out	137.7M
P/E (trailing)	32.9x
P/E (forward)	21.4x
Dividend	$8.80 (1.37%)
Volume	963,741
Beta	1.25
Price target	$758	+17.6%

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 34.7B
Net income (ttm): 2.7B
EPS (ttm): $19.6
P/E (trailing): 32.9x
P/E (forward): 21.4x
Market cap: $97.9B

Item	P1	P2	P3	P4	P5	Trend
Period	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31	Trend
Revenue	—	$28.07B	$34.07B	$34.10B	$33.67B	+4.6%
Gross profit	—	$6.72B	$8.25B	$8.44B	$8.52B	+6.1%
Operating income	—	$2.58B	$1.28B	$3.37B	$3.87B	+10.6%
Net income	—	$2.15B	$735.0M	$3.95B	$2.84B	+7.2%
EPS (diluted)	$14.61	$15.12	$5.15	$28.37	$20.50	+8.8%
EBITDA	—	$3.80B	$3.03B	$6.34B	$5.40B	+9.2%
R&D	—	$1.28B	$1.50B	$1.46B	$1.40B	+2.2%
SG&A	—	$2.69B	$3.33B	$3.28B	$3.13B	+3.8%

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AAPL	Apple Inc.	4.6T	35.9x	9.8x	101.6%	+6.1%	+35.1%	Sell
ABNB	Airbnb Inc.	108.9B	41.8x	8.3x	16.8%	+24.4%	+52.6%	Hold
ADBE	Adobe Inc.	108.5B	15.6x	4.3x	60.7%	+11.9%	-20.0%	Strong Buy
ADP	Automatic Data Processing Inc.	108.7B	25.0x	5.0x	60.5%	+7.9%	-8.0%	Hold
BA	The Boeing Company	184B	86.8x	2.0x	-12.7%	+8.8%	+1.6%	Sell
CAT	Caterpillar Inc.	385B	36.1x	5.2x	18.3%	+10.2%	+102.9%	Sell

All CMI indicators

Market & fundamental data

Available fields

287

Groups with data

Currency

USD

Showing 287 of 287 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Cik	0000026172
Company name	Cummins Inc.
Country	United States
Country code	US
Cusip	231021106
Employees	67,400
Employees Change	-2,200%
Employees Change Percent	-3.16
Enterprise value	$93.1B
Exchange	NYSE
Financial currency	USD
First seen	2026-05-09
In Index	SP500
Industry	Specialty Industrial Machinery
Industry PE	35.39
Industry PE Fwd	27.71
Isin	US2310211063
Last refreshed	2026-08-10
Market cap	$88.7B
Market cap category	Large-Cap
Price	$644
Price currency	USD
Rev Per Employee	514,955.49x
Sector	Industrials
Sector PE	45.1
Sector PE Fwd	28.51
Sic	3510
Symbol	CMI
Website	https://www.cummins.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Earnings Yield	3.06%
EV Earnings	34.27x
EV Sales Forward	2.34x
EV/EBIT	23.9x
EV/EBITDA	18.56x
EV/FCF	27.64x
EV/Sales	2.68x
FCF yield	3.8%
Forward P/E	19.4x
P/B ratio	6.9x
P/E ratio	32.93x
P/S ratio	2.56x
PE Ratio10 Y	18.09x
PE Ratio3 Y	22.73x
PE Ratio5 Y	19.42x
PEG ratio	1.55x
PS Forward	2.23x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT Margin	11.22%
EBITDA Margin	14.44%
FCF margin	9.7%
Gross margin	25.77%
Gross Profit	$8.9B
Gross Profit Growth	2.19%
Gross Profit Growth Q	8.07%
Gross Profit Growth3 Y	5.42%
Gross Profit Growth5 Y	9.53%
Net Income	$2.7B
Net Income Growth	-7.68%
Net Income Growth Q	4.72%
Net Income Growth Quarters	1%
Net Income Growth Years	0%
Net Income Growth3 Y	2.23%
Net Income Growth5 Y	4.25%
Pretax Margin	11.09%
Profit Margin	7.82%
Profit Per Employee	$40,282
Profitable Quarters	$10
Profitable Years	24
ROA	7
Roa5y	5.99
ROCE	15.6
ROE	21.11
Roe5y	23.28
ROIC	15.66
Roic5y	14.87

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
Cagr10y	20.87%
Cagr15y	16.67%
Cagr1y	71.56%
Cagr20y	19.13%
Cagr3y	42.67%
Cagr5y	25.89%
Div CAGR10	7.58%
Div CAGR3	8.67%
Div CAGR5	8.32%
EPS Growth	-7.99
EPS Growth Q	4.67
EPS Growth Quarters	1
EPS Growth Years	0
EPS Growth3 Y	3.08
EPS Growth5 Y	5.64
FCF Growth	103.81%
FCF Growth Q	125.63%
FCF Growth3 Y	45.28%
FCF Growth5 Y	4.27%
OCF Growth	63.4%
OCF Growth Q	90.96%
OCF Growth10 Y	7.63%
OCF Growth3 Y	28.76%
OCF Growth5 Y	6.96%
Revenue Growth	2.93x
Revenue Growth Q	9.42x
Revenue Growth Quarters	3x
Revenue Growth Years	0x
Revenue Growth3 Y	2.54x
Revenue Growth5 Y	8.44x

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Asset Turnover	$0.99
Assets	$35.6B
Cash	$3.9B
Current Assets	$18.4B
Current Liabilities	$10.7B
Debt	$8.3B
Debt EBITDA	$1.65
Debt Equity	$0.6
Debt FCF	$2.46
Equity	$13.9B
Interest Coverage	12.13
Liabilities	$21.7B
Long Term Assets	$17.2B
Long Term Liabilities	$11.1B
Net Cash	$-4.4B
Net Cash By Market Cap	$-4.92
Net Debt EBITDA	$0.87
Net Debt Equity	$0.31
Net Debt FCF	$1.3
Tangible Book Value	$8.5B
Tangible Book Value Per Share	$61.43
WACC	10.39

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Current ratio	1.73
Inventory Turnover	4.06
Net Working Capital	$4.9B
Quick ratio	0.98
Working Capital	$7.8B
Working Capital Turnover	$4.83

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback Yield	-0.36%
Dividend Growth	9.92%
Dividend Growth Years	20%
Dividend per share	$8.8
Dividend Years	56
Dividend Yield	1.37%
Ex Div Date	2026-08-21
Last Dividend	$2.2
Payout Frequency	Quarterly
Payout Ratio	44.98%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y total return	565.47%
1Y total return	71.5%
200-day SMA	585.2
3Y total return	190.47%
50-day SMA	667.5
50-day SMA vs 200-day SMA	50over200
5Y total return	216.18%
All Time High	737.8
All Time High Change	-12.67%
All Time High Date	2026-06-18
All Time Low	1.45
All Time Low Change	44,239.99%
All Time Low Date	1974-12-09
ATR	26.92
Beta	1.25
Beta1y	1.07
Beta2y	1.18
Ch YTD	26.21
High	650.3
High52	737.8
High52 Date	2026-06-18
High52ch	-12.67%
Low	636.9
Low52	379.4
Low52 Date	2025-08-07
Low52ch	69.81%
Ma50ch	-3.48%
Premarket Change Percent	1.47
Premarket Price	$653
Premarket Volume	2,337
Price vs 200-day SMA	10.09%
RSI	46.9
RSI Monthly	67.9
RSI Weekly	56.71
Sharpe ratio	1.56x
Sortino ratio	2.52
Total Return	1%
Tr YTD	27.04
Tr15y	909.68%
Tr1m	-5.01%
Tr1w	1.59%
Tr3m	-9.71%

Analyst estimates

Ratings, targets, revisions, and forward estimate fields.

Metric	Value
Analyst Count	21
Analyst Count Top	11
Analyst Price Target Top	$785
Analyst Ratings	Buy
Analyst Ratings Top	Buy
Earnings EPS Estimate	$7.33
Earnings EPS Estimate Growth	14
Earnings Revenue Estimate	9,365,387,856x
Earnings Revenue Estimate Growth	8.9x
Operating Income	$3.9B
Operating Income Growth	-4.49
Operating Income Growth Q	1.53
Operating Income Growth3 Y	6.85
Operating Income Growth5 Y	10.22
Operating margin	11.27
Price target	$758
Price Target Change	$17.58
Price Target Change Top	$21.83

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	134,645,339%
Float Percent	97.81%
Net Borrowing	-509,000,000
Shares Insiders	0.27%
Shares Institutions	85.17%
Shares Out	137,664,487
Shares Qo Q	-0.22%
Shares Yo Y	0.36%
Short Float	1.75%
Short Ratio	2.08
Short Shares	1.71

Other indicators

Additional ticker metrics that do not fit the primary research groupings yet.

Metric	Value
Average Volume	1,023,886.4x
Bv Per Share	93.32
CAPEX	$-1.3B
Ch10y	414
Ch15y	598.3
Ch1m	-5.01
Ch1w	1.59
Ch1y	68.8
Ch20y	2,042.3
Ch3m	-9.99
Ch3y	172.4
Ch5y	181.2
Ch6m	11.52
Change	0.04%
Change From Open	-0.84
Close	644
Days Gap	0.89
Depreciation Amortization	1,108,000,000
Dollar Volume	620,899,776.7
Earnings Date	2026-08-04
Earnings Time	bmo
EBIT	$3.9B
EBITDA	$5B
EPS	$19.56
F Score	6
FCF	$3.4B
FCF EV Yield	3.62x
FCF Per Share	$24.46
Financing CF	-2,237,000,000
Fiscal Year End	December
Founded	1,919
Goodwill	2,222,000,000
Graham Number	202.68177
Graham Upside	-68.54
Income Tax	$1B
Investing CF	-1,545,000,000
Is Primary Listing	1
Is Spac	No
Last Earnings Date	2026-08-04
Last Report Date	2026-06-30
Last Split Date	2008-01-03
Last Split Type	Forward
Last10k Filing Date	2026-02-10
Lynch Fair Value	$97.82
Lynch Upside	-84.82
Ma150	620.4
Ma150ch	3.84%
Ma20	649.6
Ma20ch	-0.83%
Net CF	860,000,000
Next Earnings Date	2026-11-05
Open	649.7
Optionable	Yes
P FCF Ratio	26.34
P OCF Ratio	19.09
Payment Date	2026-09-03
Position In Range	54.83
Post Close	644.3
Postmarket Change Percent	0.11
Postmarket Price	$645
Ppne	7,579,000,000
Pre Close	644
Price Date	2026-08-07
Price EBITDA	$17.69
Ptbv Ratio	10.49
Relative Volume	0.94x
Revenue	34,708,000,000x
Tax By Revenue	2.94x
Tax Rate	26.53%
Tr20y	3,213.74%
Tr6m	12.24%
Us State	Indiana
Volume	963,741
Z Score	4.5

Frequently asked questions

About this CMI report

What is the latest published CMI stock rating?

Cummins Inc. is shown with reduce in the latest published report, analyzed 2026-05-13. The hub links directly to the full analysis surface where the dated rating, fair-value bridge, risks, and scorecard are documented together.

Where can I read the full CMI analysis?

The full latest published report, analyzed 2026-05-13, lives at /stocks/CMI/analysis. The bare ticker page summarizes that read and links to each analysis tab; earlier editions remain under /analysis/archive.

What fair-value range is used for CMI?

The latest published report analyzed 2026-05-13 frames CMI around USD 424 to USD 652. This is a dated valuation range, not a live market price; check the valuation, sensitivity, and bear-case tabs before making a decision.

How often is the CMI page updated?

The hub selects the latest published stock report regardless of age and displays its analysis date (2026-05-13). Separately sourced market data is labeled with its own recorded timestamp and is never inferred from the report.

Cummins Inc. (CMI)

Coverage state: Latest published research available

Generate a fresh CMI analysis

Our latest published analysis: CMI rated Reduce

Price

Financial snapshot

Fair-value bridge

Analyst consensus

Latest news · CMI

Valuation

Profitability

Balance sheet

Trading

Position sizing & entry playbook

Next earnings

Sector percentile context

All CMI indicators

Profile and market data

Valuation

Profitability

Growth

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Analyst estimates

Ownership and float

Other indicators

Deeper analysis on CMI

Frequently asked questions