profit from every $100 of sales.
$0$100
Cummins
$452.18-0.71% today
-3.3% in 1 year
1-year low $448.581-year high $727.59
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
0%20% a year
You pay $21.79 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Cummins sold, what it kept, and what it did with the cash.
Sales went from $28.1 billion in 2022 to $33.7 billion in 2025, with $2.84 billion of profit last year.
SalesProfit
Cummins handed back 44% of the cash it generated last year.
$1.1B
Free cash flow 2025$2.4B
Bought back its own shares–
Paid as dividends$1.1B
Cash vs. debt$2.8B vs. $8.1B
Cummins vs. similar companies
Cummins grows the fastest of these 5 and is the cheapest for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Cummins | 21.8× · Fair price | ||
 GE Vernova | 43.5× · Expensive | ||
 Schneider Electric S.E. | 34.4× · Expensive | ||
 Eaton | 33.6× · Expensive | ||
 Siemens Energy | 79.0× · Very expensive |
Compare Cummins with BWX Technologies · Caterpillar · Cintas · Fastenal · General Electric · GE Aerospace · RELX · SpaceX
AI analysis
An AI analyst reads Cummins's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 19,811 | 24,021 | 28,074 | 34,065 | 34,102 | 33,670 | |
| 4,894 | 5,695 | 6,719 | 8,249 | 8,439 | 8,516 | |
| 2,269 | 2,706 | 2,580 | 1,278 | 3,372 | 3,865 | |
| 3,111 | 3,524 | 3,802 | 3,025 | 6,338 | 5,397 | |
| 1,789 | 2,131 | 2,151 | 735 | 3,946 | 2,843 | |
| 12.01 | 14.61 | 15.12 | 5.15 | 28.37 | 20.50 | |
| 24.7% | 23.7% | 23.9% | 24.2% | 24.7% | 25.3% | |
| 11.5% | 11.3% | 9.2% | 3.8% | 9.9% | 11.5% | |
| 9.0% | 8.9% | 7.7% | 2.2% | 11.6% | 8.4% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 22,624 | 23,710 | 30,299 | 32,005 | 31,540 | 33,992 |
| Cash | 3,401 | 2,592 | 2,101 | 2,179 | 1,671 | 2,845 |
| Total debt | 4,448 | 4,405 | 8,355 | 7,208 | 7,598 | 8,114 |
| Total liabilities | 13,635 | 14,309 | 20,074 | 22,101 | 20,232 | 20,584 |
| 8,062 | 8,146 | 8,975 | 8,850 | 10,271 | 12,349 | |
| 149 | 146 | 142 | 143 | 139 | 139 | |
| 15.4% | 18.0% | 13.8% | 9.8% | 23.3% | 16.6% | |
| 22.2% | 26.2% | 24.0% | 8.3% | 38.4% | 23.0% |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 2,722 | 2,256 | 1,962 | 3,966 | 1,487 | 3,621 | |
| 528 | 734 | 916 | 1,213 | 1,208 | 1,235 | |
| 2,194 | 1,522 | 1,046 | 2,753 | 279 | 2,386 | |
| Dividends paid | 782 | 809 | 855 | 921 | 969 | 1,055 |
| 641 | 1,402 | 374 | 0 | 0 | – | |
| 31 | 37 | 33 | 79 | 100 | 93 |
Valuation
- 21.8×
- 17.2×
- 1.93
- 5.0×
- 1.8×
- 26.0×
- 12.5×
- 3.9%
- 4.6%
- 1.2%
Profitability
- 25.3%
- 11.5%
- 8.4%
- 14.2%
- 17.0%
- 16.3%
- 22.0%
- 7.8%
- 15.7%
- 4.2%
Growth
- +11.2%
- +11.3%
- +755.2%
- +7.7%
- −0.9%
Financial health
- 1.0×
- 0.66
- 23.9%
- 13.0×
- 1.76
- 1.11
- 0.98
How it ranks in Industrials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 11%of 978
Top 36%of 985
Bottom 49%of 866
Top 30%of 984
Top 49%of 987
What analysts expect
- Average price target
- $621.10
- Range
- $540.00 – $730.00
- 7 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 5, 2026 | 6.15 | 5.63 | +9.2% |
| Feb 5, 2026 | 5.81 | 5.10 | +13.9% |
| Nov 6, 2025 | 5.59 | 4.83 | +15.7% |
| Aug 5, 2025 | 6.43 | 5.23 | +22.9% |
| May 5, 2025 | 5.96 | 4.91 | +21.4% |
| Feb 4, 2025 | 5.16 | 4.70 | +9.8% |
| Nov 5, 2024 | 5.86 | 4.80 | +22.1% |
| Aug 1, 2024 | 5.26 | 4.81 | +9.4% |
1.2%of the share price, paid each year
On $1,000 invested$12a year at today's yield, before tax
+7.7%2020 to 2025
Raised10 yearsin a row, in our data
Paid per share, each year
$3.51 in 2015 → $7.64 in 2025
How safe it looks
37.1% of its profit
Room to growStretchedMore than it earns: 44.2%
News
Cummins declares $2.20 dividendSeeking Alpha · Oct 13, 2026Trimming Cummins (CMI): Taking Profits in a Top Industrials PerformerYahoo Finance · Sep 9, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
59No pass
Benjamin Graham
54No pass
Philip Fisher
58No pass
Peter Lynch
50No pass
Joel Greenblatt
44No pass
Charlie Munger
57No pass
Terry Smith
52No pass
Questions about Cummins
Is Cummins a good stock to buy?
A solid business at a fair price. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Cummins AI analysis
What does Cummins do?
Cummins Inc. offers various power solutions worldwide. The company operates through five segments: Engine, Distribution, Components, Power Systems, and Accelera. It is in Specialty Industrial Machinery, based in Columbus, IN, United States, with 67,400 employees.
Does Cummins pay a dividend?
Yes. At today's price the dividend is 1.2% a year, about 37% of its yearly profit. In 2025 it paid out $1.06 billion in dividends.
Is Cummins stock halal?
Yes. Cummins passes our halal screen: its business is permitted and its debt is 13% of its market value, under the 30% limit. How we check
How has Cummins stock done over the past year?
Down 3.3% over the past twelve months, to $452.18. It traded between $448.58 and $727.59 and is 37.9% below its high.
Who are Cummins's competitors?
The largest listed companies in the same industry are GE Vernova, Schneider Electric S.E., Eaton and Siemens Energy. The peers table on this page compares their profit, growth and price with Cummins's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.