Cummins Financial Ratios
NYSE: CMIIndustrialsIndustrial Machinery/ComponentsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Cummins ratio analysis
Cummins earned a net margin of 8.8% in FY 2025, down from 11.9% a year earlier. Gross margin was 25.3% compared with a median of 24.7% over the prior 9 years. Return on equity reached 23.9%, meaning Cummins generated 0.24 dollars of profit for every dollar of shareholders' equity.
Debt-to-equity stood at 0.59 versus 0.65 the year before, and the current ratio was 1.76. At the end of FY 2025, CMI traded at 25.5 times earnings; across the 10 fiscal years shown, its year-end P/E ranged from 10.4 to 46.5, with a median of 16.3. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
Cummins financial ratios (annual)
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 25.46 | 12.49 | 46.52 | 16.02 | 14.93 | 18.91 | 12.21 | 10.36 | 29.59 | 16.61 |
| Price / sales | 2.14 | 1.44 | 1.00 | 1.22 | 1.31 | 1.70 | 1.17 | 0.93 | 1.44 | 1.32 |
| Price / book | 5.83 | 4.77 | 3.84 | 3.82 | 3.87 | 4.17 | 3.66 | 3.01 | 4.06 | 3.36 |
| Gross margin | 25.3% | 24.7% | 24.2% | 23.9% | 23.7% | 24.7% | 25.4% | 24.1% | 25.0% | 25.5% |
| Operating margin | 12.0% | 11.0% | 5.2% | 10.4% | 11.3% | 11.5% | 11.5% | 11.7% | 11.4% | 10.7% |
| Net margin | 8.8% | 11.9% | 2.5% | 7.8% | 9.0% | 9.1% | 9.6% | 9.2% | 4.9% | 8.3% |
| Free cash flow margin | 7.1% | 0.8% | 8.1% | 3.7% | 6.3% | 11.1% | 10.5% | 7.0% | 8.7% | 8.0% |
| Return on equity (ROE) | 23.9% | 39.6% | 9.5% | 24.3% | 26.6% | 22.5% | 30.2% | 29.8% | 13.7% | 21.2% |
| Return on assets (ROA) | 8.7% | 12.9% | 2.6% | 7.2% | 9.1% | 8.0% | 11.5% | 11.5% | 5.5% | 9.7% |
| Debt / equity | 0.59 | 0.65 | 0.72 | 0.85 | 0.49 | 0.50 | 0.30 | 0.33 | 0.27 | 0.26 |
| Current ratio | 1.76 | 1.31 | 1.18 | 1.27 | 1.74 | 1.88 | 1.50 | 1.54 | 1.57 | 1.78 |
| Revenue growth | -1.3% | 0.1% | 21.3% | 16.9% | 21.3% | -16.0% | -0.8% | 16.4% | 16.7% | -8.4% |
| EPS growth | -27.7% | 450.9% | -65.9% | 3.5% | 21.6% | -17.1% | 10.1% | 120.3% | -27.5% | 5.0% |