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) P/E ratio

As of 25 September 2026, Cummins Inc. (CMI) trades at a P/E ratio of 26.7×. Over the past ten years it has ranged from 7.1× (March 2020) to 56.6× (March 2024); the current reading is higher than 89% of that period. That is below the Specialty Industrial Machinery industry median of 29.6× and above the Industrials sector median of 24.8×.

P/E ratio, daily

Annual

Period P/E ratio Change
FY2025 24.8× 101.25%
FY2024 12.3× (73.43%)
FY2023 46.3× 192.11%
FY2022 15.8× 6.94%
FY2021 14.8× (21.24%)
FY2020 18.8× 52.24%
FY2019 12.4× 22.44%
FY2018 10.1× (66.08%)
FY2017 29.8× 75.84%
FY2016 16.9× 50.76%

Quarterly

Period P/E ratio Change
Jun 2026 36.3× 30.54%
Mar 2026 27.8× 12.26%
Dec 2025 24.8× 13.53%
Sep 2025 21.8× 42.42%
42 more quarters

Against its own ten years

Low 7.1× High 56.6×
Ten-year median 16.3×
Current reading's percentile 89

P/E ratio against peers

Company P/E ratio
ITW Illinois Tool Works Inc. compare 24.8×
CMI Cummins Inc. 26.7×
IR Ingersoll Rand Inc. compare 31.1×
PH Parker-Hannifin Corporation compare 33.9×
EMR Emerson Electric Co. compare 34.6×
AME AMETEK, Inc. compare 36.5×
ROK Rockwell Automation, Inc. compare 40.7×
ETN Eaton Corporation, PLC compare 44.6×
SYM Symbotic Inc. compare 435×
Specialty Industrial Machinery industry median 29.6×
Industrials sector median 24.8×
Market median 17.9×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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