CUMMINS INC financials

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CMI CIK 0000026172

Source: EDGAR filings · Built 2026-06-02T02:41:17Z

Custom taxonomy namespace: ffd

Key metrics by reporting period

Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.

Derived Metrics

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Free Cash Flow 2.36B 256.00M 2.72B 1.03B 1.51B 2.18B
EBITDA 5.13B 4.82B 2.79B 3.71B 3.37B 2.94B
Working Capital 7.32B 3.52B 2.29B 3.03B 5.22B 5.56B
Net Debt 4.96B 5.57B 4.75B 6.13B 1.81B 1.05B
Gross Margin 25.29% 24.75% 24.22% 23.93% 23.71% 24.70%
Operating Margin 11.95% 11.00% 5.17% 10.43% 11.27% 11.45%
Net Margin 8.78% 11.93% 2.47% 7.78% 9.01% 9.14%
Return on Equity (ROE) 23.95% 39.61% 9.49% 24.32% 26.57% 22.46%
Return on Assets (ROA) 8.70% 12.90% 2.62% 7.20% 9.13% 8.00%
Current Ratio 1.76× 1.31× 1.18× 1.27× 1.74× 1.88×
Debt-to-Equity 0.63× 0.71× 0.78× 0.91× 0.54× 0.55×
Effective Tax Rate 25.38% 17.03% 48.34% 22.56% 21.34% 22.54%
Cash Conversion Ratio 1.22× 0.37× 4.72× 0.90× 1.04× 1.50×
Accruals Ratio -0.02× 0.08× -0.10× 0.01× -0.00× -0.04×
SBC % of Revenue 0.28% 0.29% 0.23% 0.12% 0.15% 0.16%
CapEx Coverage 2.87× 1.21× 3.18× 2.11× 3.02× 5.02×
Free Cash Flow Per Share $17.00 $1.84 $19.05 $7.24 $10.34 $14.63

Valuation Metrics

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
P/E Trailing (Diluted) 24.90× 12.29× 46.52× 16.02× 14.93× 18.91×
P/FCF 30.03× 189.42× 12.58× 33.47× 21.11× 15.52×
FCF Yield 3.33% 0.53% 7.95% 2.99% 4.74% 6.44%
EV / EBITDA 23.11× 17.27× 20.84× 16.17× 14.95× 17.52×
P/S 3.37× 2.27× 1.56× 1.92× 2.02× 2.55×
P/B 9.20× 7.55× 6.02× 6.01× 5.96× 6.26×

Income Statement

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Revenues 33.67B 34.10B 34.06B 28.07B 24.02B 19.81B
Cost of Revenue 25.15B 25.66B 25.82B 21.36B 18.33B 14.92B
Gross Profit 8.52B 8.44B 8.25B 6.72B 5.70B 4.89B
Research and Development Expense 1.40B 1.46B 1.50B 1.28B 1.09B 906.00M
Selling, General and Administrative Expense 3.13B 3.27B 3.33B 2.69B 2.37B 2.13B
Operating Income (Loss) 4.03B 3.75B 1.76B 2.93B 2.71B 2.27B
Income Tax Expense (Benefit) 1.01B 835.00M 786.00M 636.00M 587.00M 527.00M
Earnings Per Share, Basic $20.62 $28.55 $5.19 $15.20 $14.74 $12.07
Weighted Average Number of Shares Outstanding, Basic 137.90M 138.20M 141.70M 141.50M 144.60M 148.20M
Earnings Per Share, Diluted $20.50 $28.37 $5.15 $15.12 $14.61 $12.01
Weighted Average Number of Shares Outstanding, Diluted 138.70M 139.10M 142.70M 142.30M 145.90M 149.00M

Balance Sheet

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Cash and Cash Equivalents, at Carrying Value 2.85B 1.67B 2.18B 2.02B 2.59B 3.40B
Assets, Current 16.93B 14.75B 15.20B 14.45B 12.31B 11.90B
Assets 33.99B 31.54B 32.01B 30.30B 23.71B 22.62B
Liabilities, Current 9.61B 11.23B 12.90B 11.42B 7.08B 6.33B
Liabilities 20.58B 20.23B 22.10B 20.07B 14.31B 13.63B
Stockholders' Equity Attributable to Parent 12.35B 10.27B 8.85B 8.97B 8.15B 8.06B

Cash Flow Statement

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Net Cash Provided by (Used in) Operating Activities 3.62B 1.49B 3.97B 1.96B 2.26B 2.72B
Payments to Acquire Property, Plant, and Equipment 1.24B 1.21B 1.21B 916.00M 734.00M 528.00M
Net Cash Provided by (Used in) Investing Activities -1.73B -1.78B -1.64B -4.17B -873.00M -719.00M
Payments for Repurchase of Common Stock — 0 0 374.00M 1.40B 641.00M
Payments of Dividends 1.05B 969.00M 921.00M 855.00M 809.00M 782.00M
Net Cash Provided by (Used in) Financing Activities -772.00M -173.00M -2.18B 1.67B -2.23B 280.00M

Raw XBRL tagging for a single filing

Every us-gaap and custom concept the filer tagged for one fiscal period, grouped by statement. Start here when a number in the trend table above surprises you and you want to see the exact tag behind it. Derived and valuation rows are omitted here because they already appear in the trend table.

Most recent filing shown by default.

Compare filings side-by-side

Diff any two filings with deltas and added / removed tags.

Immaterial rows are USD line items under 1% of the period's revenue — the noise floor below which a single tag rarely moves the investment thesis. Revenue is read from the filer's top-line concept (Revenues / RevenueFromContractWithCustomerExcludingAssessedTax, with a fallback chain). Non-USD rows, rows without a numeric value, and every row on a filing with no identifiable revenue anchor stay visible. Flip the switch off to see every tag the filer reported for the period.

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Methodology

All facts on this page come straight from SEC EDGAR XBRL company-facts filings (CMI CIK 0000026172), grouped by financial statement using FASB's base us-gaap presentation taxonomy. Filers may re-parent concepts onto different statements in their own extension taxonomy, so a handful of rows can show up under a different statement than on the actual 10-K / 10-Q; custom concepts and any we couldn't map fall into Other. Hover a cell to see the fully-qualified concept name and the filer's description.

For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.

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