Fundamental analysis · SEC EDGAR · TTM through 31/03/2026

Fundamental analysis of Cummins Inc

CMI · NYSE · Engines & Turbines

Fundamental quality

REASONABLE

66

out of 100

Breakdown by area

I.GrowthEPS growth: 7.7% · Revenue growth: 6%
51
II.ProfitabilityNet margin: 8.2% · ROE: 22.6%
65
III.Financial healthNet debt/EBITDA: -0.19x · FCF: 7.9%
81

Source: SEC EDGAR · TTM through 31/03/2026

The score combines growth, profitability and financial strength. Here its financial strength weighs in its favor, while its growth drags it down the most.

Strengths

  • Strong return on equity (ROE of 22.6%).
  • Net cash position: more cash than debt.

Risks and weaknesses

  • No clear weaknesses in the recent fundamentals, though the system doesn't assess qualitative factors (competition, regulation, management).

Historical evolution

YearRevenueNet incomeFree cash flowNet debt
2021$24,021M$2,164M$1,522M-$2,533M
2022$28,074M$2,183M$1,046M-$1,447M
2023$34,065M$840M$2,753M-$2,061M
2024$34,102M$4,068M$279M-$1,011M
2025$33,670M$2,957M$2,386M-$2,751M

Between 2021 and 2025, revenue went from $24,021M to $33,670M (+40%) and net income went from $2,164M to $2,957M (+37%).

Annual figures in U.S. dollars per SEC filings. Net debt is total debt minus cash.

Frequently asked questions

Is Cummins Inc a profitable company?

Cummins Inc is profitable, with a net margin of 8.2%, though a thin one.

Does Cummins Inc have a lot of debt?

No. Cummins Inc has a net cash position: more cash than debt.

Is Cummins Inc growing?

Its revenue has grown 6% annualized in recent years and its earnings per share 7.7%.

Does Cummins Inc generate cash?

Yes. It converts about 7.9% of its revenue into free cash flow.

The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.

Is Cummins Inc cheap or expensive?

That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).

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