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) Return on equity
Cummins Inc.'s return on equity over the twelve months to 30 June 2026 was 20.3%, down 2.7 percentage points from fiscal 2025 (23.0%). Over the past ten years it has ranged from 7.40% (fiscal 2023) to 37.2% (fiscal 2024); the current reading is higher than 64% of that period. That is above the Specialty Industrial Machinery industry median of 10.5% and above the Industrials sector median of 4.33%.
Return on equity, annual
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Annual newest first
| Period | Return on equity | Change (points) |
|---|---|---|
| FY2025 | 23.0% | (14.20) |
| FY2024 | 37.2% | 29.81 |
| FY2023 | 7.40% | (15.24) |
| FY2022 | 22.6% | (1.01) |
| FY2021 | 23.7% | 3.15 |
| FY2020 | 20.5% | (6.53) |
| FY2019 | 27.0% | 0.96 |
| FY2018 | 26.1% | 13.04 |
| FY2017 | 13.0% | (5.65) |
| FY2016 | 18.7% | 1.02 |
Against its own ten years
Return on equity against peers
| Company | Return on equity |
|---|---|
| ITW Illinois Tool Works Inc. compare | 104.6% |
| ROK Rockwell Automation, Inc. compare | 33.7% |
| PH Parker-Hannifin Corporation compare | 25.1% |
| CMI Cummins Inc. | 20.3% |
| ETN Eaton Corporation, PLC compare | 19.7% |
| AME AMETEK, Inc. compare | 14.6% |
| EMR Emerson Electric Co. compare | 12.8% |
| IR Ingersoll Rand Inc. compare | 9.40% |
| OTIS Otis Worldwide Corporation compare | −28.0% |
| Specialty Industrial Machinery industry median | 10.5% |
| Industrials sector median | 4.33% |
| Market median | 1.35% |
What Return on equity is
ROE shows how much profit a company earns for its shareholders on the equity they have in the business.
Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (latest quarter)
More on CMI
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- 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 assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement