Cummins Inc. CMI

525.06 3.99 0.77% as of 25 Sep
Market cap
$72.3B
P/E
26.7×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Cummins Inc. (CMI) EV/EBITDA

As of 25 September 2026, Cummins Inc. (CMI) trades at a EV/EBITDA of 15.0×. Over the past ten years it has ranged from 4.8× (March 2020) to 21.0× (June 2026); the current reading is higher than 88% of that period. That is below the Specialty Industrial Machinery industry median of 16.1× and above the Industrials sector median of 12.9×.

EV/EBITDA, daily

Annual

Period EV/EBITDA Change
FY2025 14.4× 34.64%
FY2024 10.7× (18.29%)
FY2023 13.1× 32.41%
FY2022 9.9× 3.78%
FY2021 9.5× (16.49%)
FY2020 11.4× 37.25%
FY2019 8.3× 29.19%
FY2018 6.4× (36.78%)
FY2017 10.1× 2.53%
FY2016 9.9× 64.46%

Quarterly

Period EV/EBITDA Change
Jun 2026 20.2× 28.28%
Mar 2026 15.8× 9.71%
Dec 2025 14.4× 16.60%
Sep 2025 12.3× 30.11%
42 more quarters

Against its own ten years

Low 4.8× High 21.0×
Ten-year median 9.6×
Current reading's percentile 88

EV/EBITDA against peers

Company EV/EBITDA
CMI Cummins Inc. 15.0×
EMR Emerson Electric Co. compare 16.1×
IR Ingersoll Rand Inc. compare 16.8×
ITW Illinois Tool Works Inc. compare 18.4×
PH Parker-Hannifin Corporation compare 23.3×
AME AMETEK, Inc. compare 24.0×
ROK Rockwell Automation, Inc. compare 25.2×
ETN Eaton Corporation, PLC compare 29.0×
SYM Symbotic Inc. compare 93.2×
Specialty Industrial Machinery industry median 16.1×
Industrials sector median 12.9×
Market median 11.0×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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