Cummins Inc.

CMI Industrials Specialty Industrial Machinery

Cummins Inc.’s revenue for fiscal 2025 (year ended December 2025) was $33.7 billion, down 1.27% from fiscal 2024. In the quarter to June 2026, revenue grew 9.42%, EPS grew 4.64%, free cash flow grew 125.6% and total debt fell 7.19%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years.

531.33 1.40 −0.26%
Market cap
$73.3B
P/E
27.0×
Fwd P/E
23.2×
Dividend yield
1.54%
F-score
6/9
Altman Z
4.62
Beneish M
−2.48
Dividend safety
82/100

Cummins Inc. (CMI) Current ratio

Alert me on Current ratio

Cummins Inc.'s current ratio at the end of the quarter to 30 June 2026 was 1.7×, down 0.0× from fiscal 2025 (1.8×). Over the past ten years it has ranged from 1.2× (fiscal 2023) to 2.1× (fiscal 2015); the current reading is higher than 73% of that period. That is below the Specialty Industrial Machinery industry median of 2.1× and in line with the Industrials sector median of 1.8×.

Current ratio, annual

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Annual newest first

Period Current ratio Change
FY2025 1.8× 34.12%
FY2024 1.3× 11.49%
FY2023 1.2× (6.91%)
FY2022 1.3× (27.18%)
FY2021 1.7× (7.48%)
FY2020 1.9× 25.24%
FY2019 1.5× (2.50%)
FY2018 1.5× (2.21%)
FY2017 1.6× (11.75%)
FY2016 1.8× (14.72%)

Quarterly newest first

Period Current ratio Change
Jun 2026 1.7× 1.04%
Mar 2026 1.7× (2.94%)
Dec 2025 1.8× (0.42%)
Sep 2025 1.8× 7.74%
42 more quarters

Against its own ten years

Low 1.2× High 2.1×
Ten-year median 1.6×
Current reading's percentile 73

Current ratio against peers

Company Current ratio
CMI Cummins Inc. 1.7×
IR Ingersoll Rand Inc. compare 1.6×
PH Parker-Hannifin Corporation compare 1.3×
ETN Eaton Corporation, PLC compare 1.2×
AME AMETEK, Inc. compare 1.2×
ITW Illinois Tool Works Inc. compare 1.1×
ROK Rockwell Automation, Inc. compare 1.1×
EMR Emerson Electric Co. compare 0.9×
OTIS Otis Worldwide Corporation compare 0.8×
Specialty Industrial Machinery industry median 2.1×
Industrials sector median 1.8×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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