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/S ratio

As of 25 September 2026, Cummins Inc. (CMI) trades at a P/S ratio of 2.1×. Over the past ten years it has ranged from 0.7× (March 2020) to 3.0× (June 2026); the current reading is higher than 93% of that period. That is below the Specialty Industrial Machinery industry median of 2.8× and above the Industrials sector median of 1.6×.

P/S ratio, daily

Annual

Period P/S ratio Change
FY2025 2.1× 47.99%
FY2024 1.4× 40.82%
FY2023 1.0× (17.43%)
FY2022 1.2× (7.48%)
FY2021 1.3× (22.71%)
FY2020 1.7× 43.99%
FY2019 1.2× 29.39%
FY2018 0.9× (36.89%)
FY2017 1.4× 7.06%
FY2016 1.3× 64.61%

Quarterly

Period P/S ratio Change
Jun 2026 2.8× 29.08%
Mar 2026 2.2× 5.01%
Dec 2025 2.1× 20.45%
Sep 2025 1.7× 29.68%
42 more quarters

Against its own ten years

Low 0.7× High 3.0×
Ten-year median 1.2×
Current reading's percentile 93

P/S ratio against peers

Company P/S ratio
CMI Cummins Inc. 2.1×
SYM Symbotic Inc. compare 2.1×
IR Ingersoll Rand Inc. compare 3.7×
EMR Emerson Electric Co. compare 4.7×
ITW Illinois Tool Works Inc. compare 4.8×
ROK Rockwell Automation, Inc. compare 5.4×
ETN Eaton Corporation, PLC compare 5.7×
PH Parker-Hannifin Corporation compare 5.7×
AME AMETEK, Inc. compare 7.3×
Specialty Industrial Machinery industry median 2.8×
Industrials sector median 1.6×
Market median 2.0×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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