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CMI CUMMINS INC

Trailing twelve months to 2026-06-30 · as filed 2026-08-04, not restated
Industrials

Scale

Market cap
$78.8bn
Revenue TTM
$34.7bn
Net income TTM
$2.8bn
Free cash flow
$3.4bn
Composite score
63.1
Sector rank
#164

Valuation

P / E
27.9
EV / EBITDA
14.9
EV / sales
2.2
FCF yield
4.27%
Earnings yield vs 10-yr
-1.14pp

Earnings yield vs 10-yr compares what the business earns per pound invested against the 4.73% a 10-year US Treasury note pays for no equity risk. Negative means you are paying up front for growth not yet delivered.

Quality and growth

Net margin
8.2%
EBITDA margin
14.4%
ROE
22.0%
ROIC
43.6%
Revenue growth
2.9%

Insider activity, last 90 days

Net open-market
$-0.40m
Buyers
0
Sellers
1

Open-market purchases and sales only. Grants, option exercises, gifts and shares withheld for tax are excluded: they are how people are paid, not what they think.

What management said

See the “OUTLOOK” section for a discussion of the potential tariff impacts for the remainder of 2026. 2026 Second Quarter Results A summary of our results is as follows: Net income attributable to Cummins Inc. was $932 million, or $6.73 per diluted share, on sales of $9.5 billion for the three months ended June 30, 2026, versus the comparable prior year period net income attributable to Cummins Inc. of $890 million, or $6.43 per diluted share, on sales of $8.6 billion. The increases in net income attributable to Cummins Inc. and earnings per diluted share were primarily driven by higher sales leading to improved gross margin, partially offset by higher compensation costs. …CUMMINS INC, 10-Q, period ended 2026-06-30, filed 2026-08-04

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