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Cummins CMI

US equityMarket cap rank #231Specialty Industrial Machinery
$519.95
−$4.70 (-0.90%)
Market open · Sep 24, 1:10 pm ET
After hours $524.65 0.00%
Open$518.07
Prev close$524.65
Day range$515.57 – $523.76
Volume381.6K
Market cap$71.58B
P/E (TTM)26.6
Dividend yield1.54%

Price chart

Daily bars for up to one year, weekly bars for the 5-year view. Averages are 50/200 trading days (10/40 weeks on the 5-year view).

CMI at a glance

Shares of Cummins are down 0.90% at $519.95. The company is worth $71.58B, number 231 out of 300 on our list.

Over the past 52 weeks it has traded between $394.95 and $735.02, so it sits 29.3% below the top of that range. Holders are ahead 26.2% over twelve months, but down 24.9% across the last three months.

On the chart it has slipped under both the 50-day ($598.14) and 200-day ($599.53) moving averages; RSI is 29, which some call oversold, and the last 30 sessions moved at roughly 23% annualized volatility.

For the quarter ended Jun 2026 it reported $9.46B in revenue, up 9.4% from a year earlier, with $968.00M of net profit (a 7.8% margin).

The stock changes hands at 26.6 times trailing earnings, 30% above its five-year average of 20.5. The median for its industry group is 34.2.

10 analysts follow the stock and the average call is "buy". The mean target, $774.90, sits 49.0% over where the stock trades.

This summary is put together from the numbers on the page and updates when they do. It describes the data; it is not a forecast or a recommendation.

Cummins: the business

Cummins makes diesel and natural gas engines, generators and related parts for trucks, industrial equipment and power systems.

What tends to move it. North American truck orders, emissions rules and demand for backup power at data centers matter most.

Written by hand by the BeStock desk and revised when a business changes. See how we work. Spot something out of date? Tell us.

Performance

Price return over each window, from adjusted daily and weekly closes

1 day
-0.9%
1 week
-1.4%
1 month
-9.0%
3 months
-24.9%
6 months
-5.6%
Year to date
+2.9%
1 year
+26.2%
Day range
$515.57$523.76
52-week range
$394.95$735.02

Technical signals

Full technicals →
Trend readStrong downtrend

1 bullish · 5 bearish of 7 signals

IndicatorValueSignal
Price vs 20-day average-5.1%Bearish
Price vs 50-day average-13.1%Bearish
Price vs 200-day average-13.3%Bearish
50-day vs 200-day50d below 200dBearish
RSI (14)28.5Neutral
MACD (12,26,9)-21.46Bullish
Bollinger band position9%Bearish

Standard indicator readings worked out from daily closes. They describe how the price has behaved, not where it is going.

Key statistics

Bid / Ask$519.10 / $519.89
Average price today$519.26
Volume381.6KAvg (90d) 1.04M
Turnover$198.17M
Turnover rate0.28%of shares outstanding
Volume ratio0.53vs. recent average pace
Day amplitude1.56%
Market cap$71.58B
Float market cap$71.28B
Shares outstanding137.08M
EPS (TTM)$20.50
P/E (TTM)26.58
P/B5.57
Book value / share$93.32
Earnings yield0.21%
Dividend (TTM)$8.00 / shareYield 1.54%
Net profit (TTM)$2.82B
Net assets$12.85B
30-day volatility23.3%annualized
Avg daily range (ATR)2.89%of price, 14 days
Max drawdown (1y)-28.5%-28.3% from 1y peak

Quote as of Sep 24, 2026 1:10 pm ET. Prices can lag the live tape. This is background information, not a recommendation.

How CMI ranks on BeStock

Market value#231 of 300
P/E (cheapest = 1)#141 of 283
Dividend yield#142 of 244
Closeness to 52-week high#260 of 300
Dollar volume today#164 of 300

Ranks are among the 300 or so U.S.-listed stocks BeStock covers, recalculated whenever prices refresh. A row is left out when the measure does not apply, such as yield for a stock that pays no dividend.

Latest reported quarter: Q2, ended Jun 2026

Revenue$9.46B+9.4% YoY
Operating profit$1.13B+1.5% YoY
Net profit$968.00M+4.3% YoY
Diluted EPS$6.73+4.7% YoY
Free cash flow$1.25B+125.6% YoY
Operating cash flow$1.50B

Revenue, last 8 quarters

$8.5BSep '24$8.4BDec '24$8.2BMar '25$8.6BJun '25$8.3BSep '25$8.5BDec '25$8.4BMar '26$9.5BJun '26

Net profit, last 8 quarters

$843.0MSep '24$445.0MDec '24$850.0MMar '25$928.0MJun '25$559.0MSep '25$620.0MDec '25$680.0MMar '26$968.0MJun '26

Profitability & balance sheet

Gross margin25.3%
Operating margin10.6%
Net margin7.8%
Return on equity22.0%
Return on assets7.8%
Return on invested capital13.5%
Current ratio1.73
Liabilities / assets61.0%
Cash & investments$3.92B
Total debt$8.15B
Net cash (debt)-$4.22B
Free cash flow / sales9.7%

Where the revenue comes from

Quarter 2026/Q2

By business line

  • Distribution$3.33B 28.4%
  • Engine$3.08B 26.4%
  • Components$2.89B 24.7%
  • POWER SYSTEMS$2.26B 19.3%
  • Accelera$145.00M 1.2%
Average move on report day±4.0%last 16 reports
Closed higher8 of 1650% of the time
Best reaction+8.9%
Worst reaction-10.7%

Stock move on the day after each report

+8.9%2024/Q3+4.4%2024/Q4+0.8%2025/Q1+3.2%2025/Q2+5.4%2025/Q3-10.7%2025/Q4+2.8%2026/Q1-2.0%2026/Q2

"Implied move" is the size of move the options market was pricing ahead of the report. Move is the stock’s change on the first session after the release.

Valuation

Multiples measured against the stock's own five-year history

Valuation detail →
Price / earnings28.5x
CheapRich

Near the top of its 5-year range · 84th percentile, 5-year average 20.5x

#2007 of 2977 stocks by PE (1 = cheapest)

Price / book6.0x
CheapRich

Near the top of its 5-year range · 87th percentile, 5-year average 4.4x

#4451 of 5304 stocks by PB (1 = cheapest)

Price / sales2.2x
CheapRich

Near the top of its 5-year range · 87th percentile, 5-year average 1.4x

#2569 of 5143 stocks by PS (1 = cheapest)

P/E over five years

6x25x43x62xSep '21Mar '24Sep '26

Dashed line is the 5-year average; the shaded band is one standard deviation either side.

Morningstar fair value estimate

Fair value$530.00
Price vs. fair value-1.9%Close to the estimate
Star rating★★★☆☆
Economic moatNarrow
UncertaintyMedium

Analyst view

All ratings →
ConsensusBuy
Analysts10
Average target$774.90+49.0% vs. price
  • Buy 80%
  • Hold 20%
Low $675.00Now $519.95Avg $774.90High $894.00

Latest rating actions

  • 3 Sep 2026BernsteinHOLD · PT $700.00
  • 31 Aug 2026BernsteinHOLD · PT $700.00
  • 24 Aug 2026JefferiesBUY · PT $675.00
  • 20 Aug 2026JefferiesBUY · PT $775.00
  • 13 Aug 2026Argus ResearchBUY · PT $770.00

Ownership & positioning

Who holds it, who is betting against it, and where the big money is moving

Ownership detail →
Institutional ownership86.7%+0.03 pts vs. prior quarter
Institutions holding2,368-6 vs. prior quarter
Insider trades (recent)11 buys / 8 sellsNet buying
Short interest2.34% of floatDays to cover 3.6 · as of 31 Aug 2026
Short-sale volume share14.5%5-day average of daily volume

Short-sale volume as % of daily volume

5%12%19%25%Aug '26Sep '26Sep '26

Large-order net flow, last 20 sessions

Net of large-order buying minus selling, in USD. Over this window: −$6.16M (7 inflow days, 13 outflow days).

Dividends

Dividend yield (TTM)1.54%
Last dividend$2.20Ex-date 21 Aug 2026
Next-to-last$2.00
Payments on file40

Dividends paid per share, by year

4.4420184.9020195.2820205.6020216.0420226.5020237.0020247.642025

Across the full calendar years shown, the annual payout grew by roughly 8.1% a year.

Latest headlines

More news →
  • Bernstein Maintains Cummins(CMI.US) With Hold Rating, Maintains Target Price $700Market news · 3 Sep 2026
  • Deluxe | 4: Statement of changes in beneficial ownership of securities-Director Cummins Hugh S. IIISEC · 16 Sep 2026
  • Cummins Inc. Just Missed Earnings - But Analysts Have Updated Their ModelsSimply Wall St · 7 Aug 2026
  • Jefferies Maintains Cummins(CMI.US) With Buy Rating, Cuts Target Price to $675Market news · 24 Aug 2026
  • Jefferies Maintains Cummins(CMI.US) With Buy Rating, Raises Target Price to $775Market news · 20 Aug 2026
  • Argus Research Maintains Cummins(CMI.US) With Buy Rating, Maintains Target Price $770Market news · 14 Aug 2026

CMI stock: common questions

What is CMI's latest share price?

$519.95 is the latest print for CMI, a move of -0.90% against yesterday's close of $524.65. Today's low and high so far: $515.57 and $523.76.

How big is Cummins?

Equity value comes to $71.58B at the current price. By that measure it is number 231 of the 300 names in our coverage.

What multiple of earnings does CMI sell for?

Buyers pay 26.6 times the last twelve months of profit (EPS $20.50). Averaged over five years the multiple has been 20.5, and today's level ranks in the 84th percentile of its own history.

Where does CMI sit in its 52-week range?

The year's floor is $394.95 and the ceiling $735.02. Shares are 29.3% away from that ceiling.

Does CMI send cash back through a dividend?

It does. Payouts over the past twelve months work out to a 1.54% yield; the latest ex-dividend date was August 21, 2026.

What is the analyst view on Cummins?

Of 10 analysts, 80% say buy, 20% hold and 0% sell. Price targets average $774.90, with the most cautious at $675.00 and the most optimistic at $894.00.

What does Cummins do?

Cummins makes diesel and natural gas engines, generators and related parts for trucks, industrial equipment and power systems.

BeStock publishes market data and analysis for information only. Nothing here is investment advice or a solicitation to buy or sell any security. Quotes may be delayed and figures can contain errors; check primary sources before you trade. How we source and calculate these pages.

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