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.
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Cummins Inc. (CMI) Free cash flow
Cummins Inc.'s free cash flow for fiscal 2025 was $2.4B, up 755.2% from $279.0M in fiscal 2024. Over the twelve months to 30 June 2026 it was $3.4B. Over the past ten years it has ranged from $279.0M (fiscal 2024) to $2.8B (fiscal 2023); the current reading is higher than 82% of that period. Cummins Inc. ranks 5th of 74 Specialty Industrial Machinery companies by free cash flow.
Free cash flow, annual
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Annual newest first
| Period | Free cash flow | Change |
|---|---|---|
| FY2025 | $2.4B | 755.20% |
| FY2024 | $279.0M | (89.87%) |
| FY2023 | $2.8B | 163.19% |
| FY2022 | $1.0B | (31.27%) |
| FY2021 | $1.5B | (30.63%) |
| FY2020 | $2.2B | (11.57%) |
| FY2019 | $2.5B | 48.65% |
| FY2018 | $1.7B | (11.27%) |
| FY2017 | $1.9B | 32.28% |
| FY2016 | $1.4B | 5.65% |
Quarterly newest first
| Period | Free cash flow | Change |
|---|---|---|
| Jun 2026 | $1.3B | 941.67% |
| Mar 2026 | $120.0M | (87.88%) |
| Dec 2025 | $990.0M | (1.69%) |
| Sep 2025 | $1.0B | 81.77% |
| 42 more quarters | Free account |
Against its own ten years
Free cash flow against peers
| Company | Free cash flow |
|---|---|
| ETN Eaton Corporation, PLC compare | $4.0B |
| PH Parker-Hannifin Corporation compare | $3.9B |
| EMR Emerson Electric Co. compare | $3.5B |
| CMI Cummins Inc. | $3.4B |
| ITW Illinois Tool Works Inc. compare | $2.9B |
| AME AMETEK, Inc. compare | $1.8B |
| OTIS Otis Worldwide Corporation compare | $1.7B |
| ROK Rockwell Automation, Inc. compare | $1.5B |
| IR Ingersoll Rand Inc. compare | $1.2B |
What Free cash flow is
Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.
Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)
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- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
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- Current ratio
- Total debt
- Shares outstanding
- Book value per share
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- Piotroski F-score
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