Cummins Inc (CMI) stock
Close on Nov 12, 2026Market cap $62.69BP/E 19.0Yield 1.68%
Cummins Inc grew revenue 6.7% to $35.83B over the twelve months to Sep 30, 2026. Operating income rose 13.7% to $4.49B, moving the operating margin from 11.7% to 12.5%. Free cash flow was $3.46B, up 52.0% from a year earlier. At the latest close the market valued the company at $62.69B, 19.0 times its earnings.
Key statistics
Valuation at the latest close; fundamentals over the trailing twelve months, balances at Sep 30, 2026
Valuation
- Market cap
- $62.69B
- P/E ratio
- 19.0
- Price to sales
- 1.75
- Price to book
- 4.70
- Dividend yield
- 1.68%
- Free cash flow yield
- 5.52%
Fundamentals
- Revenue
- $35.83B
- EPS, diluted
- $23.96
- Free cash flow
- $3.46B
- Book value per share
- $96.53
- Diluted shares
- 138M
Trading
- Next earnings
- Feb 4, 2027 (estimated, before the open)
- Previous close
- $463.26
- Open
- $460.00
- Day's range
- $454.98 – $464.10
- Volume
- 1,379,094
- Average volume (20 days)
- 1,503,465
- Index membership
- S&P 500, Russell 1000, Russell 3000
- Beta (5 years)
- 1.01
- 52-week range
- $443.62 – $737.76
- RSI (14 days)
- 32.8
- Volatility (1 year)
- 36.9%
- Relative volume
- 1.22×
- WACC
- 9.3%
Index membership is inferred from the holdings of funds that track each index (VOO, IVV, SPYM, IWB, IWV), as reported to the SEC for Jun 30, 2026. Join dates come from quarterly fund reports since 2019, so they are accurate to the quarter.
Market cap history
Month-end market cap since 2009, using shares outstanding reported at the time
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 12, 2026. The S&P 500 is measured by the SPY fund.
| Period | CMI | S&P 500 | Difference | CMI per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | -13.7% | -2.7% | −11.0 pts | ||
| 3 months | -28.3% | -1.7% | −26.6 pts | ||
| Year to date | -9.9% | +11.9% | −21.8 pts | ||
| 1 year | -3.6% | +12.0% | −15.6 pts | ||
| 3 years | +120.9% | +78.2% | +42.8 pts | +30.2% | +21.2% |
| 5 years | +116.1% | +73.2% | +42.8 pts | +16.7% | +11.6% |
| 10 years | +328.5% | +309.6% | +18.8 pts | +15.7% | +15.1% |
Fifteen years at a glance
Fiscal years 2011 to 2025 and trailing twelve months, USD
Revenue
Gross profit
Operating income
EPS, diluted
Free cash flow
Press releases
Releases Cummins filed with the SEC as exhibits to Form 8-K or 6-K
- Results
- Results
- Results
- Results
- Results
- Results
About Cummins
Engines & Turbines
Cummins Inc. designs, manufactures, distributes, and services power solutions and related technologies. Its business operates across five complementary segments: Engine, Components, Distribution, Power Systems, and Accelera. Product offerings include diesel, natural gas, electric, and hybrid powertrains; power generation systems; and critical components such as turbochargers, aftertreatment systems, transmissions, braking mechanisms, and electrified battery systems. Cummins serves original equipment manufacturers, distributors, dealers, and commercial clients across heavy-duty trucking, construction, agriculture, marine, rail, and data center markets.
Company profile, executives and historyCummins stock: common questions
What is Cummins's stock price?
CMI closed at $455.40 on Nov 12, 2026, down 1.70% on the day. Over the past 52 weeks it traded between $443.62 and $737.76.
What is Cummins's market cap?
Cummins was worth $62.69B at the close on Nov 12, 2026: the share price times the diluted shares outstanding.
What is CMI's P/E ratio?
CMI trades at 19.0 times earnings, based on diluted earnings per share of $23.96 over the twelve months to Sep 30, 2026.
How much revenue does Cummins make?
Cummins reported revenue of $35.83B for the twelve months to Sep 30, 2026, up 6.7% from a year earlier.
Does Cummins pay a dividend?
Yes. Cummins paid $7.64 per share over the last twelve months, a yield of 1.68% at the latest price, and has raised its annual dividend 8 years in a row.
When does Cummins report earnings next?
Cummins is expected to report Q4 FY2026 results on Feb 4, 2027, before the open. The date is estimated from its past reporting pattern until the company confirms it.
How has CMI stock performed over the past year?
Including dividends, CMI returned -3.6% over the past year, against +12.0% for the S&P 500.
How many CMI shares are sold short?
4M shares were sold short at the latest FINRA report, 3.20% of the float, or 3.9 days of average trading volume.
Who are Cummins's competitors?
Companies most similar to Cummins by business, industry and size include CYD, BC, ETN, CAT, DE.
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