CMI · Cummins Inc · Financials
$528.00
+7.60 (+1.46%)
At close · Oct 9
Return incl. dividend (before tax)
Market Cap
$70.89B
Shares
137.66M
Volume · Oct 8
1.01M
Avg daily vol (3M)
1.02M
Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.
Revenue
$33.67B
-1.3%
FY2025
Net Income
$2.96B
-27.3%
FY2025
Gross Margin
25.29%
+0.5pp
FY2025
Operating Margin
11.95%
+1pp
FY2025
Diluted EPS
$20.50
-27.7%
FY2025
Operating Cash Flow
$3.62B
+143.5%
FY2025
Chart any reported metric, KPI or segment over time — the full statement history lives here
Search above to add metrics — fundamentals, product and segment revenue, company KPIs, valuation.
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 | FY2008 | FY2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $34.71B | $33.67B | $34.1B | $34.07B | $28.07B | $24.02BG | $19.81B | $23.57B | $23.77B | $20.43B | $17.51B | $19.11B | $19.22B | $17.3B | $17.33B | $18.05B | $13.23B | $10.8B | $14.34B | $13.05B | |
| $25.92B | $25.15B | $25.66B | $25.82B | $21.36B | $18.33B | $14.92B | $17.59B | $18.03B | $15.33B | $13.05B | $14.16B | $14.36B | $13.02B | $12.92B | $13.46B | $10.06B | $8.63B | $11.4B | $10.49B | |
| $8.79B | $8.52B | $8.44B | $8.25B | $6.72B | $5.7B | $4.89B | $5.98B | $5.74B | $5.1B | $4.46B | $4.95B | $4.86B | $4.28B | $4.42B | $4.59B | $3.17B | $2.17B | $2.94B | $2.56B | |
| — | 25.29% | 24.75% | 24.22% | 23.93% | 23.71% | 24.7% | 25.37% | 24.13% | 24.97% | 25.46% | 25.89% | 25.29% | 24.74% | 25.48% | 25.43% | 23.95% | 20.08% | 20.5% | 19.59% | |
| $1.44B | $1.4B | $1.46B | $1.5B | $1.28B | $1.09B | $906M | $1B | $902M | $754M | $637M | $735M | $754M | $713M | $728M | $629M | $414M | $362M | $422M | $329M | |
| $3.31B | $3.13B | $3.28B | $3.33B | $2.69B | $2.37B | $2.13B | $2.45B | $2.44B | $2.43B | $2.1B | $2.09B | $2.1B | $1.82B | $1.81B | $1.84B | $1.49B | $1.24B | $1.45B | $1.3B | |
| — | $323M | $324M | $324M | $223M | $144M | $165M | $175M | $153M | $112M | $92M | $90M | $99M | $86M | $64M | $57M | $69M | $55M | $50M | — | |
| $1.12B | $1.11B | $1.07B | $1.02B | $784M | $662M | $673M | $672M | $611M | $583M | $530M | $514M | $455M | $407M | $361M | $325M | $320M | $326M | $314M | $290M | |
| — | — | — | — | — | -$1M | -$110M | $115M | $0 | — | — | $90M | — | — | — | — | — | $85M | — | — | |
| $3.89B | $4.03B | $3.75B | $1.76B | $2.93B | $2.71B | $2.27B | $2.7B | $2.79B | $2.33B | $1.88B | $2.06B | $2.37B | $2.1B | $2.25B | $2.68B | $1.6B | $682M | $1.27B | $1.16B | |
| — | 11.95% | 11% | 5.17% | 10.43% | 11.27% | 11.45% | 11.45% | 11.72% | 11.43% | 10.74% | 10.76% | 12.3% | 12.14% | 13% | 14.85% | 12.11% | 6.31% | 8.87% | 8.87% | |
| $5.01B | $5.13B | $4.82B | $2.79B | $3.71B | $3.37B | $2.94B | $3.37B | $3.4B | $2.92B | $2.41B | $2.57B | $2.82B | $2.51B | $2.62B | $3.01B | $1.92B | $1.01B | $1.59B | $1.45B | |
| $321M | $329M | $370M | $375M | $199M | $111M | $100M | $109M | $114M | $81M | $69M | $65M | $64M | $41M | $32M | $44M | $40M | $35M | $42M | $58M | |
| $21M | — | — | — | — | — | $21M | $46M | $35M | $18M | $23M | $24M | $23M | $27M | $25M | $34M | $21M | $8M | $18M | $36M | |
| $276M | $267M | $1.52B | $240M | $89M | $156M | $169M | $243M | $81M | $94M | $96M | $9M | $110M | $32M | $24M | — | $34M | -$15M | -$70M | $33M | |
| $522M | $469M | $395M | $483M | $349M | $506M | $452M | $330M | $394M | $357M | $301M | $315M | $330M | $325M | $347M | $375M | $321M | $196M | $231M | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | $18M | — | -$45M | — | |
| $3.85B | $3.96B | $4.9B | $1.63B | $2.82B | $2.75B | $2.34B | $2.83B | $2.75B | $2.37B | $1.93B | $2.03B | $2.43B | $2.12B | $2.27B | $2.67B | $1.62B | $640M | — | — | |
| $1.02B | $1.01B | $835M | $786M | $636M | $587M | $527M | $566M | $566M | $1.37B | $474M | $555M | $698M | $531M | $533M | $725M | $477M | $156M | $360M | $381M | |
| $2.83B | $2.96B | $4.07B | $840M | $2.18B | $2.16B | $1.81B | $2.27B | $2.19B | $994M | $1.46B | $1.47B | $1.74B | $1.59B | $1.74B | $1.95B | $1.04B | $428M | $755M | $739M | |
| — | 8.78% | 11.93% | 2.47% | 7.78% | 9.01% | 9.14% | 9.62% | 9.2% | 4.87% | 8.32% | 7.69% | 9.03% | 9.18% | 10.03% | 10.78% | 7.86% | 3.96% | 5.26% | 5.66% | |
| $112M | $114M | $122M | $105M | $32M | $33M | $22M | $8M | $46M | -$5M | $62M | $71M | $85M | $105M | $93M | $98M | $100M | $56M | $63M | $49M | |
| $2.72B | $2.84B | $3.95B | $735M | $2.15B | $2.13B | $1.79B | $2.26B | $2.14B | $999M | $1.39B | $1.4B | $1.65B | $1.48B | $1.65B | $1.85B | $1.04B | $428M | — | — | |
| $2.54B | $3.01B | $3.71B | $419M | $1.83B | $2.54B | $1.84B | $2.04B | $1.84B | $1.32B | $921M | $1.13B | $1.36B | $1.65B | $1.63B | $1.63B | $1.22B | — | — | — | |
| USD/shares | $19.66 | $20.62 | $28.55 | $5.19 | $15.20 | $14.74 | $12.07 | $14.54 | $13.20 | $5.99 | $8.25 | $7.86 | $9.04 | $7.93 | $8.69 | $9.58 | $5.29 | $2.17 | $3.87 | $3.72 |
| USD/shares | $19.55 | $20.50 | $28.37 | $5.15 | $15.12G | $14.61G | $12.01G | $14.48 | $13.15 | $5.97 | $8.23 | $7.84 | $9.02 | $7.91 | $8.67 | $9.55 | $5.28 | $2.16 | $3.84 | $3.70 |
| shares | — | 137.9M | 138.2M | 141.7M | 141.5M | 144.6M | 148.2M | 155.4M | 162.2M | 166.7M | 169.04M | 178.04M | 182.64M | 186.99M | 189.29M | 192.97M | 196.7M | 197.45M | 194.96M | — |
| shares | — | 138.7M | 139.1M | 142.7M | 142.3M | 145.9M | 149M | 156.1M | 162.8M | 167.3M | 169.34M | 178.41M | 183.08M | 187.42M | 189.67M | 193.6M | 197.15M | 197.7M | 196.53M | — |
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing.
TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative. (G): the company's own guidance — a (G) column is a guided period not yet reported; a G marker shows how the reported figure landed against the guided range. Non-GAAP-basis guidance (*) is shown as stated and never judged against GAAP actuals.
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2007–FY2025: $9.62B in buybacks, $10.92B in dividends.
Debt Profile
Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.
Reported debt balances
Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.
| Reported balance | As of | Amount | Source |
|---|---|---|---|
| Current operating lease liabilities | 2026-06-30 | USD 141,000,000 | 10-Q filed 2026-08-04 |
| Debt and lease obligations | 2026-06-30 | USD 6,888,000,000 | 10-Q filed 2026-08-04 |
Related accounting measures — not additional borrowingCarrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year.
| |||
| Finance lease liabilities | 2026-06-30 | USD 132,000,000 | 10-Q filed 2026-08-04 |
| Noncurrent operating lease liabilities | 2026-06-30 | USD 450,000,000 | 10-Q filed 2026-08-04 |
| Short-term bank loans and notes payable | 2026-06-30 | USD 459,000,000 | 10-Q filed 2026-08-04 |
Instrument and agreement coverage is incomplete. Additional filings are awaiting review.
Covenants
Covenant terms have not yet been verified for this profile.
The balance figures do not establish whether covenants apply or whether the company complies with them.
Loans, facilities and notes
The instrument breakdown is not yet verified. Read the debt note in the linked report for borrowing terms and maturity conditions.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
EV/Revenue
2.19×
Peer median 4.60×
EV/EBIT
18.97×
Peer median 24.48×
P/E (TTM)
26.34×
Peer median 32.10×
Peer medians compare against the 25 similar-size Specialty Industrial Machinery companies (of 78 listed).
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Distribution | $12,405,000,000 | $11,384,000,000 | $10,249,000,000 | $8,929,000,000 | $7,772,000,000 | $7,136,000,000 | $8,071,000,000 | $7,828,000,000 |
| Engine | $10,875,000,000 | $11,712,000,000 | $11,684,000,000 | $10,945,000,000 | $9,954,000,000 | $8,022,000,000 | $10,056,000,000 | $10,566,000,000 |
| Components | $10,149,000,000 | $11,679,000,000 | $13,409,000,000 | $9,736,000,000 | $7,665,000,000 | $6,024,000,000 | $6,914,000,000 | $7,166,000,000 |
| Power Systems | $7,463,000,000 | $6,408,000,000 | $5,673,000,000 | $5,033,000,000 | $4,415,000,000 | $3,631,000,000 | $4,460,000,000 | $4,626,000,000 |
| Accelera | $460,000,000 | $414,000,000 | $354,000,000 | $198,000,000 | $116,000,000 | $72,000,000 | $38,000,000 | $7,000,000 |
| Corporate And Other | — | — | — | — | -$5,901,000,000 | -$5,074,000,000 | -$5,968,000,000 | -$6,422,000,000 |
| Intersegment Elimination | — | — | — | — | — | — | -$5,968,000,000 | -$6,422,000,000 |
By Geography (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| United States | $18,974,000,000 | $19,422,000,000 | $19,302,000,000 | $15,833,000,000 | $12,489,000,000 | $10,605,000,000 | $13,519,000,000 | $13,218,000,000 |
| Non Us | $9,677,000,000 | $9,953,000,000 | $9,970,000,000 | $8,459,000,000 | $7,230,000,000 | $5,694,000,000 | $6,873,000,000 | $7,264,000,000 |
| China | $3,298,000,000 | $2,948,000,000 | $3,115,000,000 | $2,390,000,000 | $3,169,000,000 | $2,832,000,000 | $2,331,000,000 | $2,324,000,000 |
| India | $1,721,000,000 | $1,779,000,000 | $1,678,000,000 | $1,392,000,000 | $1,133,000,000 | $680,000,000 | $848,000,000 | $965,000,000 |
By Product & Service (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| On Highway | $7,021,000,000 | $8,005,000,000 | $7,761,000,000 | $7,111,000,000 | $6,334,000,000 | $4,870,000,000 | $6,526,000,000 | $6,922,000,000 |
| DBU Power Generation Domain | $4,928,000,000 | $3,961,000,000 | $2,496,000,000 | $1,767,000,000 | $1,754,000,000 | $1,686,000,000 | $1,777,000,000 | $1,482,000,000 |
| Parts | $4,073,000,000 | $3,966,000,000 | $4,052,000,000 | $3,809,000,000 | $3,136,000,000 | $2,921,000,000 | $3,278,000,000 | $3,222,000,000 |
| Drivetrain and Braking Systems | $3,983,000,000 | $4,731,000,000 | $4,822,000,000 | $1,879,000,000 | $0 | $0 | — | — |
| Emission Solutions | $3,034,000,000 | $3,180,000,000 | $3,425,000,000 | $3,086,000,000 | $3,142,000,000 | $2,352,000,000 | $2,763,000,000 | $2,780,000,000 |
| Medium Duty Truck and Bus | $2,547,000,000 | $3,100,000,000 | $2,622,000,000 | $2,412,000,000 | $1,978,000,000 | $1,629,000,000 | $2,244,000,000 | $2,536,000,000 |
| Heavy Duty Truck | $2,544,000,000 | $3,320,000,000 | $3,391,000,000 | $2,995,000,000 | $2,511,000,000 | $1,800,000,000 | $2,626,000,000 | $2,885,000,000 |
| PSBU Power Generation | $2,229,000,000 | $1,896,000,000 | $1,698,000,000 | $1,658,000,000 | $1,481,000,000 | $1,155,000,000 | $1,414,000,000 | $1,467,000,000 |
| Light Duty Automotive | $1,930,000,000 | $1,585,000,000 | $1,748,000,000 | $1,704,000,000 | $1,845,000,000 | $1,441,000,000 | $1,656,000,000 | $1,501,000,000 |
| Service | $1,798,000,000 | $1,747,000,000 | $1,664,000,000 | $1,555,000,000 | $1,359,000,000 | $1,258,000,000 | $1,474,000,000 | $1,471,000,000 |
| Engine Product Line | $1,587,000,000 | $1,678,000,000 | $1,987,000,000 | $1,770,000,000 | $1,493,000,000 | $1,245,000,000 | $1,511,000,000 | $1,632,000,000 |
| Industrial | $1,238,000,000 | $1,130,000,000 | $970,000,000 | $843,000,000 | $820,000,000 | $638,000,000 | $908,000,000 | $801,000,000 |
| Engine Components and Software | $1,203,000,000 | $1,106,000,000 | $1,225,000,000 | $1,030,000,000 | — | — | — | — |
| Off Highway | $1,083,000,000 | $982,000,000 | $1,113,000,000 | $1,088,000,000 | $1,255,000,000 | $1,055,000,000 | $1,044,000,000 | $1,080,000,000 |
| Generator Technologies | $647,000,000 | $474,000,000 | $457,000,000 | $450,000,000 | $349,000,000 | $262,000,000 | $348,000,000 | $357,000,000 |
| Eaton Automated Transmission Technologies | $423,000,000 | $588,000,000 | $714,000,000 | $593,000,000 | $481,000,000 | $303,000,000 | $534,000,000 | $543,000,000 |
| Atmus Filtration | $0 | $289,000,000 | $1,345,000,000 | $1,259,000,000 | $1,171,000,000 | $1,005,000,000 | $1,024,000,000 | $1,010,000,000 |
| Electronics and Fuelsystems | — | — | — | $224,000,000 | $351,000,000 | $317,000,000 | $236,000,000 | $237,000,000 |
| Engine Components | — | — | $1,119,000,000 | $946,000,000 | $1,019,000,000 | — | — | — |
| Software and Electronics | — | — | $106,000,000 | $84,000,000 | $119,000,000 | — | — | — |
| Turbotechnologies | — | — | — | $806,000,000 | $787,000,000 | $673,000,000 | $696,000,000 | $761,000,000 |
| Royalty | — | — | — | — | — | — | $59,000,000 | $58,000,000 |