Cummins Inc.
CMI
Rank in Stocks
#341
Cummins Inc. is a global innovator in power solutions, responsible for the... Cummins Inc. is a global innovator in power solutions, responsible for the design, manufacturing, distribution, and maintenance of a broad array of diesel and natural gas engines, alongside cutting-edge electric and hybrid powertrains, and associated components. Its operations are strategically divided into five segments: Engine, Distribution, Components, Power Systems, and New Power. The company's extensive engine portfolio, available under the Cummins brand and others, powers a vast range of heavy and medium-duty applications, including commercial trucks, buses, recreational vehicles, light-duty automobiles, construction and mining equipment, marine vessels, railway systems, oil and gas operations, defense, and agriculture. Complementing these engines, Cummins provides both new and remanufactured parts and comprehensive servicing. Beyond its core engine offerings, Cummins delivers sophisticated power generation systems, high-horsepower engines, and specialized application engineering. It also offers custom-designed assemblies, retail and wholesale aftermarket components, and expert repair services conducted both in-shop and on-site. The company's technological scope extends to emission control solutions, turbochargers, a variety of filtration systems (for air, fuel, lubricants, and hydraulics), coolants, fuel additives, and advanced electronic control modules, sensors, and supporting software. Fuel systems, both new and reconditioned, are also a key part of their product line, as are automated transmissions. For electrical power generation, Cummins provides standby and primary power generators, complete with controls, paralleling systems, and transfer switches, featuring products like Stamford and AVK A/C alternators. Embracing future energy demands, the company is a frontrunner in electrified power systems, encompassing battery technologies, fuel cells, and hydrogen production. This includes a robust offering of filtration, aftertreatment, control, air handling systems, automated transmissions, electric power generation, and battery solutions. Cummins distributes its diverse product range to original equipment manufacturers, an extensive network of distributors and dealers, and various other clientele worldwide. Founded in 1919 as the Cummins Engine Company, the enterprise adopted its current name, Cummins Inc., in 2001 and maintains its headquarters in Columbus, Indiana.
Share Price
$522.27
Last synced: 2026-10-19
Market Cap
$71.90B
Change (1 day)
-1.59%
Change (1 year)
26.15%
Country
US
Trade Cummins Inc. (CMI)
Category
Industrials
P/E ratio for Cummins Inc. (CMI)
P/E ratio as of October 2026 TTM: 26.77
According to Cummins Inc. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 26.77. At the end of 2024 the company had a P/E ratio of 12.21.
P/E ratio history for Cummins Inc. from 2000 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 26.77 | 8.10% |
| 2025 | 24.76 | 102.80% |
| 2024 | 12.21 | -73.57% |
| 2023 | 46.19 | 189.78% |
| 2022 | 15.94 | 7.68% |
| 2021 | 14.80 | -21.32% |
| 2020 | 18.81 | 52.88% |
| 2019 | 12.31 | 21.54% |
| 2018 | 10.12 | -65.63% |
| 2017 | 29.46 | 77.79% |
| 2016 | 16.57 | 47.97% |
| 2015 | 11.20 | -29.81% |
| 2014 | 15.95 | -10.25% |
| 2013 | 17.78 | 42.56% |
| 2012 | 12.47 | 35.64% |
| 2011 | 9.19 | -55.82% |
| 2010 | 20.81 | -1.63% |
| 2009 | 21.15 | 206.44% |
| 2008 | 6.90 | -59.69% |
| 2007 | 17.12 | 117.64% |
| 2006 | 7.87 | 8.99% |
| 2005 | 7.22 | -28.51% |
| 2004 | 10.10 | -73.76% |
| 2003 | 38.48 | 190.72% |
| 2002 | 13.24 | -191.88% |
| 2001 | -14.41 | -107.60% |
| 2000 | 189.60 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| - | - |
US
|
|
| 26.81 | 0.16% |
DE
|
|
| - | - |
FR
|
|
| - | - |
DE
|
|
| 33.09 | 23.63% |
US
|
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.