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) 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 | Free account |
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)
More on CMI
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- 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