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.
- Revenue
- +13.5%
- EPS
- +113.7%
- Free cash flow
- +9.43%
- Total debt
- −2.27%
Quarter to September 2026, against a year earlier
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Cummins Inc. (CMI) Return on invested capital
Cummins Inc.'s return on invested capital over the twelve months to 30 September 2026 was 16.5%, up 1.5 percentage points from fiscal 2025 (15.1%). Over the past ten years it has ranged from 9.11% (fiscal 2023) to 20.8% (fiscal 2018); the current reading is higher than 27% of that period. That is above the Specialty Industrial Machinery industry median of 5.00% and above the Industrials sector median of 1.86%.
Return on invested capital, annual
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Annual newest first
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2025 | 15.1% | (1.10) |
| FY2024 | 16.2% | 7.07 |
| FY2023 | 9.11% | (5.58) |
| FY2022 | 14.7% | (3.14) |
| FY2021 | 17.8% | 1.71 |
| FY2020 | 16.1% | (3.50) |
| FY2019 | 19.6% | (1.17) |
| FY2018 | 20.8% | 3.10 |
| FY2017 | 17.7% | 1.81 |
| FY2016 | 15.9% | (1.14) |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| OTIS Otis Worldwide Corporation compare | 67.7% |
| ITW Illinois Tool Works Inc. compare | 23.7% |
| CMI Cummins Inc. | 16.5% |
| ROK Rockwell Automation, Inc. compare | 14.7% |
| EMR Emerson Electric Co. compare | 9.71% |
| ETN Eaton Corporation, PLC compare | 8.94% |
| IR Ingersoll Rand Inc. compare | 8.25% |
| AME AMETEK, Inc. compare | 7.53% |
| PH Parker-Hannifin Corporation compare | 0.00% |
| Specialty Industrial Machinery industry median | 5.00% |
| Industrials sector median | 1.86% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
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- 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 equity
- Return on assets
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
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