Stock · CMI · Industrials
United States · Large Cap · listed since 1984 · Revenue 12 mo. $34.7B
Price as of 11/06/2026
Cummins Inc. offers various power solutions worldwide.
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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Summary
43.4 of 100
Mean of the six area values. Each area value is the mean of the stock's ranks among the companies in its sector. 50 is the middle of the sector, not a share of companies beaten.
Analysis
What the price requires
If free cash flow stays at €2.1B (2025), it supports €23.8B. The remaining €31.8B of the market value assume it grows 11.9% a year for 10 years and not at all afterwards.
Required FCF growth per year
11.9%
no growth afterwards
Price to operating cash flow 13.4×, below its usual range.
Middle half of 20 quarters: 13.7× to 19.1×, median 15.9×.
Measures only against its own past, not against what the company is worth. Price as of 11/06/2026.
with respect to the priced-in expectation
with respect to the priced-in expectation
Since the last quarter
Q1 → Q2 2026
6 more unchanged: Revenue, 12 mo., Gross margin, EBIT margin, Net debt, Shares outstanding, Return on equity
Derivation
Each area value is the average of its metrics' ranks within the sector (0 to 100, 50 is the middle). For metrics where lower is better, the rank is mirrored. The overall value is the average of the area values.
Price as of 11/06/2026.
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Return on equity | 23.02% | 13.10% | Rank 80 |
| Return on capital (Greenblatt) | 27.18% | 19.33% | Rank 61 |
| EBIT margin | 11.95% | 11.28% | Rank 54 |
| FCF margin | 7.09% | 8.50% | Rank 44 |
| Gross margin | 25.29% | 28.98% | Rank 44 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Revenue growth, 1 year | −1.27% | 5.15% | Rank 18 |
| Earnings growth, 3 years per year | 10.68% | 8.01% | Rank 56 |
| Earnings growth, 5 years per year | 11.29% | 12.89% | Rank 45 |
| Sustainable growth (ROE × retained earnings) | 3.67% | 4.02% | Rank 47 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Earnings yield | 4.55% | 4.42% | Rank 52 |
| FCF yield | 3.85% | 3.98% | Rank 48 |
| EV/saleslower is better | 1.97 | 2.08 | Rank 53 |
| EV/EBITlower is better | 16.50 | 19.47 | Rank 62 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Share price, 1 year | −12.36% | −0.01% | Rank 28 |
| Share price, 6 months | −33.29% | −1.43% | Rank 8 |
| Share price, 3 months | −25.01% | 0.53% | Rank 6 |
| Distance from 52-week high | −38.14% | −16.36% | Rank 12 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Accruals (Sloan)lower is better | 3.24% | 1.39% | Rank 34 |
| Change in share countlower is better | −0.29% | −0.44% | Rank 48 |
| Dividend streak in years | 33 | 5 | Rank 98 |
| Price reaction to results, market-adjusted | −3.63% | 0.27% | Rank 17 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Equity ratio | 36.33% | 39.65% | Rank 41 |
| Net debt/EBITDAlower is better | 0.83 | 1.38 | Rank 62 |
| Debt to equitylower is better | 0.66 | 0.61 | Rank 48 |
| Volatility, 1 yearlower is better | 36.41% | 32.95% | Rank 35 |
Ten years in figures
| Year | Revenue, $B | EBIT margin | FCF | Shares | Net debt |
|---|---|---|---|---|---|
| 2016 | 17.5 | 10.7% | $1.3B | 169M | $701.0M |
| 2017 | 20.4 | 11.4% | $1.7B | 167M | $637.0M |
| 2018 | 23.8 | 11.7% | $1.6B | 163M | $1.2B |
| 2019 | 23.6 | 11.5% | $2.4B | 156M | $1.7B |
| 2020 | 19.8 | 11.5% | $2.1B | 149M | $1.2B |
| 2021 | 24.0 | 11.3% | $1.5B | 146M | $2.0B |
| 2022 | 28.1 | 10.4% | $1.0B | 142M | $6.3B |
| 2023 | 34.1 | 5.2% | $2.8B | 143M | $5.0B |
| 2024 | 34.1 | 11.0% | $279.0M | 139M | $5.9B |
| 2025 | 33.7 | 12.0% | $2.4B | 139M | $5.3B |
2 of 7 StockScorer Score rules met · How the score is built
Cummins Inc mainly meets criteria in the Profitability category. Result from 18 strategies checked.
Cummins Inc is rated here with the StockScorer Score strategy, the flagship rule set. It compares return and cash-flow metrics with the median of the company's own sector and checks growth and price trend.
2 of 7 rules met
3 of 11 points
Detail data
Excerpt from 18 strategies checked. The full evaluation is visible after a free sign-up.
With a free account, you can see the match across all strategies checked in one complete overview.
Selected fundamental metrics for Cummins Inc.
| Metric | Stock | Sector |
|---|---|---|
| P/E ratio | 22.0 | 22.5 |
| P/B ratio | 5.1 | 2.9 |
| Return on equity (ROE) | 23.0% | 13.1% |
| Equity ratio | 36.3% | 39.7% |
| Debt-to-equity (D/E) | 0.66 | 0.61 |
| Dividend yield | 1.8% | 2.0% |
How comparable stocks in the same sector score in the StockScorer model.
| Symbol | Company | Rating |
|---|---|---|
| CMI | Cummins Incthis page | |
| AME | Ametek Inc | Low4.5 |
| ROK | Rockwell Automation Inc | Low4.5 |
| ITW | Illinois Tool Works Inc | Low4.5 |
| EMR | Emerson Electric Company | locked |
| IR | Ingersoll Rand Inc | locked |
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