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Saturday 17 October 2026 Export CMI’s income statement to Excel — free account

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
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Cummins Inc. (CMI) EV/FCF

Alert me on EV/FCF

As of 16 October 2026, Cummins Inc. (CMI) trades at a EV/FCF of 22.6×. Over the past ten years it has ranged from 6.5× (March 2020) to 7,089× (May 2025); the current reading is higher than 70% of that period.

EV/FCF, daily

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Annual newest first

Period EV/FCF Change
FY2025 30.9× (83.23%)
FY2024 184× 1,293.94%
FY2023 13.2× (62.27%)
FY2022 35.0× 66.48%
FY2021 21.0× 37.81%
FY2020 15.3× 35.41%
FY2019 11.3× (13.73%)
FY2018 13.1× (17.02%)
FY2017 15.7× (6.19%)
FY2016 16.8× 45.92%

Quarterly newest first

Period EV/FCF Change
Jun 2026 30.1× 2.89%
Mar 2026 29.2× (5.28%)
Dec 2025 30.9× 13.31%
Sep 2025 27.2× (9.02%)
42 more quarters

Against its own ten years

Low 6.5× High 7,089×
Ten-year median 17.0×
Current reading's percentile 68

EV/FCF against peers

Company EV/FCF
OTIS Otis Worldwide Corporation compare 20.1×
CMI Cummins Inc. 22.6×
IR Ingersoll Rand Inc. compare 27.7×
EMR Emerson Electric Co. compare 29.2×
ITW Illinois Tool Works Inc. compare 29.7×
AME AMETEK, Inc. compare 32.0×
PH Parker-Hannifin Corporation compare 32.4×
ROK Rockwell Automation, Inc. compare 32.9×
ETN Eaton Corporation, PLC compare 42.5×

What EV/FCF is

EV/Free CF shows how the value of a whole company, debt included, compares with the free cash its business produces.

((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)) ÷ (Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM))

The full definition of EV/FCF →

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