(CMI) Cummins - Overview
Exchange: NYSE •
Country: United States •
Currency: USD •
Type: Common Stock •
ISIN: US2310211063
Stock: Engines, Power Systems, Components, Electrification
Total Rating 68
Risk 90
Buy Signal -0.30
| Risk 5d forecast | |
|---|---|
| Volatility | 27.7% |
| Relative Tail Risk | -6.03% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.65 |
| Alpha | 44.05 |
| Character TTM | |
|---|---|
| Beta | 1.187 |
| Beta Downside | 1.035 |
| Drawdowns 3y | |
|---|---|
| Max DD | 30.48% |
| CAGR/Max DD | 1.23 |
EPS (Earnings per Share)
Revenue
Description: CMI Cummins March 05, 2026
Cummins Inc. (CMI) is a global power solutions provider with five operating segments: Engine, Distribution, Components, Power Systems, and Accelera.
The company manufactures and sells a wide range of products, including diesel and natural gas engines, drivetrain systems, and power generation equipment. This includes components like turbochargers and fuel systems. The Construction Machinery & Heavy Transportation Equipment sector relies heavily on such specialized components.
CMI also offers aftertreatment technologies, designed to reduce emissions from internal combustion engines, a critical aspect of modern environmental regulations for heavy-duty vehicles.
Beyond manufacturing, Cummins provides extensive support services, including application engineering, repair services, and aftermarket parts sales. This service-oriented business model helps maintain long-term customer relationships and provides recurring revenue streams.
The company is also developing electrified power systems, such as batteries and fuel cells, indicating an expansion into alternative energy solutions within the power generation industry.
To deepen your understanding of CMIs financial health and market position, consider exploring its detailed financials on platforms like ValueRay.
Headlines to watch out for
- Global demand for heavy-duty engines impacts revenue
- Raw material costs influence manufacturing profitability
- Regulatory changes for emissions standards affect product development
- Infrastructure spending drives power systems demand
- Electrification initiatives reshape future product portfolio
Piotroski VR‑10 (Strict, 0-10) 7.0
| Net Income: 2.84b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA 6.13 > 1.0 |
| NWC/Revenue: 21.73% < 20% (prev 10.32%; Δ 11.41% < -1%) |
| CFO/TA 0.11 > 3% & CFO 3.62b > Net Income 2.84b |
| Net Debt (5.27b) to EBITDA (5.38b): 0.98 < 3 |
| Current Ratio: 1.76 > 1.5 & < 3 |
| Outstanding Shares: last quarter (139.0m) vs 12m ago 0.43% < -2% |
| Gross Margin: 25.29% > 18% (prev 0.25%; Δ 2.50k % > 0.5%) |
| Asset Turnover: 102.8% > 50% (prev 108.1%; Δ -5.36% > 0%) |
| Interest Coverage Ratio: 13.05 > 6 (EBITDA TTM 5.38b / Interest Expense TTM 329.0m) |
Altman Z'' 5.53
| A: 0.22 (Total Current Assets 16.93b - Total Current Liabilities 9.61b) / Total Assets 33.99b |
| B: 0.67 (Retained Earnings 22.62b / Total Assets 33.99b) |
| C: 0.13 (EBIT TTM 4.29b / Avg Total Assets 32.77b) |
| D: 1.02 (Book Value of Equity 20.89b / Total Liabilities 20.58b) |
| Altman-Z'' Score: 5.53 = AAA |
Beneish M -3.03
| DSRI: 1.14 (Receivables 5.82b/5.18b, Revenue 33.67b/34.10b) |
| GMI: 0.98 (GM 25.29% / 24.75%) |
| AQI: 0.90 (AQ_t 0.28 / AQ_t-1 0.31) |
| SGI: 0.99 (Revenue 33.67b / 34.10b) |
| TATA: -0.02 (NI 2.84b - CFO 3.62b) / TA 33.99b) |
| Beneish M-Score: -3.03 (Cap -4..+1) = AA |
What is the price of CMI shares?
As of March 12, 2026, the stock is trading at USD 556.14 with a total of 682,474 shares traded.
Over the past week, the price has changed by -3.12%, over one month by -6.83%, over three months by +6.61% and over the past year by +71.97%.
Over the past week, the price has changed by -3.12%, over one month by -6.83%, over three months by +6.61% and over the past year by +71.97%.
Is CMI a buy, sell or hold?
Cummins has received a consensus analysts rating of 3.46.
Therefor, it is recommend to hold CMI.
- StrongBuy: 5
- Buy: 3
- Hold: 15
- Sell: 0
- StrongSell: 1
What are the forecasts/targets for the CMI price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 615.3 | 10.6% |
| Analysts Target Price | 615.3 | 10.6% |
CMI Fundamental Data Overview March 07, 2026
P/E Trailing = 27.0989
P/E Forward = 22.1729
P/S = 2.2818
P/B = 6.4228
P/EG = 1.5848
Revenue TTM = 33.67b USD
EBIT TTM = 4.29b USD
EBITDA TTM = 5.38b USD
Long Term Debt = 6.79b USD (from longTermDebt, last quarter)
Short Term Debt = 898.0m USD (from shortTermDebt, last quarter)
Debt = 8.11b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 5.27b USD (from netDebt column, last quarter)
Enterprise Value = 82.10b USD (76.83b + Debt 8.11b - CCE 2.85b)
Interest Coverage Ratio = 13.05 (Ebit TTM 4.29b / Interest Expense TTM 329.0m)
EV/FCF = 34.41x (Enterprise Value 82.10b / FCF TTM 2.39b)
FCF Yield = 2.91% (FCF TTM 2.39b / Enterprise Value 82.10b)
FCF Margin = 7.09% (FCF TTM 2.39b / Revenue TTM 33.67b)
Net Margin = 8.44% (Net Income TTM 2.84b / Revenue TTM 33.67b)
Gross Margin = 25.29% ((Revenue TTM 33.67b - Cost of Revenue TTM 25.15b) / Revenue TTM)
Gross Margin QoQ = 22.86% (prev 25.60%)
Tobins Q-Ratio = 2.42 (Enterprise Value 82.10b / Total Assets 33.99b)
Interest Expense / Debt = 1.01% (Interest Expense 82.0m / Debt 8.11b)
Taxrate = 21.62% (171.0m / 791.0m)
NOPAT = 3.36b (EBIT 4.29b * (1 - 21.62%))
Current Ratio = 1.76 (Total Current Assets 16.93b / Total Current Liabilities 9.61b)
Debt / Equity = 0.66 (Debt 8.11b / totalStockholderEquity, last quarter 12.35b)
Debt / EBITDA = 0.98 (Net Debt 5.27b / EBITDA 5.38b)
Debt / FCF = 2.21 (Net Debt 5.27b / FCF TTM 2.39b)
Total Stockholder Equity = 11.78b (last 4 quarters mean from totalStockholderEquity)
RoA = 8.68% (Net Income 2.84b / Total Assets 33.99b)
RoE = 24.13% (Net Income TTM 2.84b / Total Stockholder Equity 11.78b)
RoCE = 23.11% (EBIT 4.29b / Capital Employed (Equity 11.78b + L.T.Debt 6.79b))
RoIC = 17.28% (NOPAT 3.36b / Invested Capital 19.47b)
WACC = 9.37% (E(76.83b)/V(84.94b) * Re(10.28%) + D(8.11b)/V(84.94b) * Rd(1.01%) * (1-Tc(0.22)))
Discount Rate = 10.28% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -1.03%
[DCF] Terminal Value 76.86% ; FCFF base≈1.54b ; Y1≈1.90b ; Y5≈3.20b
[DCF] Fair Price = 267.6 (EV 42.24b - Net Debt 5.27b = Equity 36.98b / Shares 138.2m; r=9.37% [WACC]; 5y FCF grow 24.44% → 2.90% )
EPS Correlation: 31.93 | EPS CAGR: 1.49% | SUE: -0.50 | # QB: 0
Revenue Correlation: 69.72 | Revenue CAGR: 8.05% | SUE: 1.40 | # QB: 3
EPS next Quarter (2026-06-30): EPS=6.45 | Chg7d=+0.001 | Chg30d=+0.294 | Revisions Net=+0 | Analysts=9
EPS current Year (2026-12-31): EPS=26.11 | Chg7d=+0.003 | Chg30d=+0.011 | Revisions Net=+3 | Growth EPS=+27.4% | Growth Revenue=+6.0%
EPS next Year (2027-12-31): EPS=30.56 | Chg7d=-0.364 | Chg30d=-0.221 | Revisions Net=+0 | Growth EPS=+17.1% | Growth Revenue=+8.4%
[Analyst] Revisions Ratio: +0.00 (3 Up / 3 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 6.6% (Discount Rate 10.3% - Earnings Yield 3.7%)
[Growth] Growth Spread = -3.6% (Analyst 3.0% - Implied 6.6%)
P/E Forward = 22.1729
P/S = 2.2818
P/B = 6.4228
P/EG = 1.5848
Revenue TTM = 33.67b USD
EBIT TTM = 4.29b USD
EBITDA TTM = 5.38b USD
Long Term Debt = 6.79b USD (from longTermDebt, last quarter)
Short Term Debt = 898.0m USD (from shortTermDebt, last quarter)
Debt = 8.11b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 5.27b USD (from netDebt column, last quarter)
Enterprise Value = 82.10b USD (76.83b + Debt 8.11b - CCE 2.85b)
Interest Coverage Ratio = 13.05 (Ebit TTM 4.29b / Interest Expense TTM 329.0m)
EV/FCF = 34.41x (Enterprise Value 82.10b / FCF TTM 2.39b)
FCF Yield = 2.91% (FCF TTM 2.39b / Enterprise Value 82.10b)
FCF Margin = 7.09% (FCF TTM 2.39b / Revenue TTM 33.67b)
Net Margin = 8.44% (Net Income TTM 2.84b / Revenue TTM 33.67b)
Gross Margin = 25.29% ((Revenue TTM 33.67b - Cost of Revenue TTM 25.15b) / Revenue TTM)
Gross Margin QoQ = 22.86% (prev 25.60%)
Tobins Q-Ratio = 2.42 (Enterprise Value 82.10b / Total Assets 33.99b)
Interest Expense / Debt = 1.01% (Interest Expense 82.0m / Debt 8.11b)
Taxrate = 21.62% (171.0m / 791.0m)
NOPAT = 3.36b (EBIT 4.29b * (1 - 21.62%))
Current Ratio = 1.76 (Total Current Assets 16.93b / Total Current Liabilities 9.61b)
Debt / Equity = 0.66 (Debt 8.11b / totalStockholderEquity, last quarter 12.35b)
Debt / EBITDA = 0.98 (Net Debt 5.27b / EBITDA 5.38b)
Debt / FCF = 2.21 (Net Debt 5.27b / FCF TTM 2.39b)
Total Stockholder Equity = 11.78b (last 4 quarters mean from totalStockholderEquity)
RoA = 8.68% (Net Income 2.84b / Total Assets 33.99b)
RoE = 24.13% (Net Income TTM 2.84b / Total Stockholder Equity 11.78b)
RoCE = 23.11% (EBIT 4.29b / Capital Employed (Equity 11.78b + L.T.Debt 6.79b))
RoIC = 17.28% (NOPAT 3.36b / Invested Capital 19.47b)
WACC = 9.37% (E(76.83b)/V(84.94b) * Re(10.28%) + D(8.11b)/V(84.94b) * Rd(1.01%) * (1-Tc(0.22)))
Discount Rate = 10.28% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -1.03%
[DCF] Terminal Value 76.86% ; FCFF base≈1.54b ; Y1≈1.90b ; Y5≈3.20b
[DCF] Fair Price = 267.6 (EV 42.24b - Net Debt 5.27b = Equity 36.98b / Shares 138.2m; r=9.37% [WACC]; 5y FCF grow 24.44% → 2.90% )
EPS Correlation: 31.93 | EPS CAGR: 1.49% | SUE: -0.50 | # QB: 0
Revenue Correlation: 69.72 | Revenue CAGR: 8.05% | SUE: 1.40 | # QB: 3
EPS next Quarter (2026-06-30): EPS=6.45 | Chg7d=+0.001 | Chg30d=+0.294 | Revisions Net=+0 | Analysts=9
EPS current Year (2026-12-31): EPS=26.11 | Chg7d=+0.003 | Chg30d=+0.011 | Revisions Net=+3 | Growth EPS=+27.4% | Growth Revenue=+6.0%
EPS next Year (2027-12-31): EPS=30.56 | Chg7d=-0.364 | Chg30d=-0.221 | Revisions Net=+0 | Growth EPS=+17.1% | Growth Revenue=+8.4%
[Analyst] Revisions Ratio: +0.00 (3 Up / 3 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 6.6% (Discount Rate 10.3% - Earnings Yield 3.7%)
[Growth] Growth Spread = -3.6% (Analyst 3.0% - Implied 6.6%)