Cummins Inc. CMI
525.06
3.99
0.77%
as of 25 Sep
- Market cap
- $72.3B
- P/E
- 26.7×
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Cummins Inc. (CMI) Gross margin
Cummins Inc.'s gross margin over the twelve months to 30 June 2026 was 25.3%, up 0.0 percentage points from fiscal 2025 (25.3%). Over the past ten years it has ranged from 23.7% (fiscal 2021) to 25.9% (fiscal 2015); the current reading is higher than 73% of that period. That is below the Specialty Industrial Machinery industry median of 35.9% and below the Industrials sector median of 30.5%.
Gross margin, annual
Annual
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 25.3% | 0.54 |
| FY2024 | 24.8% | 0.53 |
| FY2023 | 24.2% | 0.29 |
| FY2022 | 23.9% | 0.22 |
| FY2021 | 23.7% | (0.99) |
| FY2020 | 24.7% | (0.67) |
| FY2019 | 25.4% | 1.24 |
| FY2018 | 24.1% | (0.84) |
| FY2017 | 25.0% | (0.49) |
| FY2016 | 25.5% | (0.43) |
Quarterly
| Period | Gross margin | Change (points) |
|---|---|---|
| Jun 2026 | 26.1% | (0.64) |
| Mar 2026 | 26.7% | 3.85 |
| Dec 2025 | 22.9% | (2.74) |
| Sep 2025 | 25.6% | (0.79) |
| 42 more quarters | Free account |
Against its own ten years
Low 23.7%
High 25.9%
Ten-year median
24.8%
Current reading's percentile
73
Gross margin against peers
| Company | Gross margin |
|---|---|
| EMR Emerson Electric Co. compare | 53.2% |
| ROK Rockwell Automation, Inc. compare | 49.1% |
| ITW Illinois Tool Works Inc. compare | 44.2% |
| IR Ingersoll Rand Inc. compare | 42.8% |
| PH Parker-Hannifin Corporation compare | 37.7% |
| AME AMETEK, Inc. compare | 36.4% |
| ETN Eaton Corporation, PLC compare | 35.9% |
| CMI Cummins Inc. | 25.3% |
| SYM Symbotic Inc. compare | 21.3% |
| Specialty Industrial Machinery industry median | 35.9% |
| Industrials sector median | 30.5% |
| Market median | 46.3% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on CMI
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- 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
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement