Cummins Inc.

NYSE:CMI Stock Report

Market Cap: US$59.1b

Cummins Management

Management criteria checks 2/4

Cummins' CEO is Jen Rumsey, appointed in Aug 2022, has a tenure of 3.25 years. total yearly compensation is $21.86M, comprised of 6.9% salary and 93.1% bonuses, including company stock and options. directly owns 0.033% of the company’s shares, worth $19.51M. The average tenure of the management team and the board of directors is 2.9 years and 4.5 years respectively.

Key information

Jen Rumsey

Chief executive officer

US$21.9m

Total compensation

CEO salary percentage6.86%
CEO tenure3.3yrs
CEO ownership0.03%
Management average tenure2.9yrs
Board average tenure4.5yrs

Recent management updates

Recent updates

Cummins: Top Tier Business, But Wait For A Better Entry Point

Oct 20

Is Cummins (NYSE:CMI) A Risky Investment?

Jul 14
Is Cummins (NYSE:CMI) A Risky Investment?

Some Confidence Is Lacking In Cummins Inc.'s (NYSE:CMI) P/E

Jul 02
Some Confidence Is Lacking In Cummins Inc.'s (NYSE:CMI) P/E

Cummins: Tariff Turbulence Creates A Buying Opportunity (Rating Upgrade)

Apr 08

If EPS Growth Is Important To You, Cummins (NYSE:CMI) Presents An Opportunity

Mar 16
If EPS Growth Is Important To You, Cummins (NYSE:CMI) Presents An Opportunity

Cummins' (NYSE:CMI) Profits May Not Reveal Underlying Issues

Feb 12
Cummins' (NYSE:CMI) Profits May Not Reveal Underlying Issues

What Does Cummins Inc.'s (NYSE:CMI) Share Price Indicate?

Jan 23
What Does Cummins Inc.'s (NYSE:CMI) Share Price Indicate?

Cummins: The Time To Buy Has Passed For Now (Rating Downgrade)

Jan 21

Getting In Cheap On Cummins Inc. (NYSE:CMI) Might Be Difficult

Jan 09
Getting In Cheap On Cummins Inc. (NYSE:CMI) Might Be Difficult

Does Cummins (NYSE:CMI) Have A Healthy Balance Sheet?

Dec 27
Does Cummins (NYSE:CMI) Have A Healthy Balance Sheet?

Cummins: Paying Up For Improving Fundamentals (Rating Downgrade)

Dec 11

Is Cummins Inc. (NYSE:CMI) Trading At A 49% Discount?

Nov 28
Is Cummins Inc. (NYSE:CMI) Trading At A 49% Discount?

Results: Cummins Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts

Nov 08
Results: Cummins Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts

Cummins: Solid Fundamentals And Undervalued

Sep 30

Cummins: A Blue-Chip Dividend Stock To Buy Now

Sep 12

Cummins: Dividend Strength In A Challenging Economy

Aug 14

10-12% Annual Returns? Why Cummins Could Be Your Next Dividend Champion

Jun 10

Cummins: It's Too Late To Buy This Dividend Growth Stock

Apr 12

Cummins: An Industrial Force Worth Considering

Mar 18

CEO Compensation Analysis

How has Jen Rumsey's remuneration changed compared to Cummins's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2025n/an/a

US$3b

Mar 31 2025n/an/a

US$3b

Dec 31 2024US$22mUS$2m

US$4b

Sep 30 2024n/an/a

US$2b

Jun 30 2024n/an/a

US$2b

Mar 31 2024n/an/a

US$2b

Dec 31 2023US$13mUS$2m

US$735m

Sep 30 2023n/an/a

US$3b

Jun 30 2023n/an/a

US$3b

Mar 31 2023n/an/a

US$3b

Dec 31 2022US$7mUS$1m

US$2b

Sep 30 2022n/an/a

US$2b

Jun 30 2022n/an/a

US$2b

Mar 31 2022n/an/a

US$2b

Dec 31 2021US$4mUS$717k

US$2b

Compensation vs Market: Jen's total compensation ($USD21.86M) is above average for companies of similar size in the US market ($USD13.49M).

Compensation vs Earnings: Jen's compensation has increased by more than 20% in the past year.


CEO

Jen Rumsey (51 yo)

3.3yrs
Tenure
US$21,857,109
Compensation

Ms. Jennifer W. Rumsey, also known as Jen, has been the Director since February 2022 and serves as its Chief Executive Officer at Cummins Inc. since August 1, 2022. She is the Chairman of the Board at Cumm...


Leadership Team

NamePositionTenureCompensationOwnership
Jennifer Rumsey
CEO & Chairman of the Board3.3yrsUS$21.86m0.033%
$ 19.5m
Mark Smith
CFO & VP6.7yrsUS$9.04m0.020%
$ 11.9m
Jennifer Bush
VP & President of Power Systems Business3.3yrsUS$6.24m0.0074%
$ 4.4m
Amy Davis
VP & President of Accelera by Cummins and Components5.3yrsUS$7.97m0.0088%
$ 5.2m
Bonnie Fetch
Executive VP & President of Operationsless than a yearno data0.0042%
$ 2.5m
Jonathan Wood
VP & Chief Technical Officer2.6yrsno data0.0023%
$ 1.4m
Nicole Lamb-Hale
VP, Chief Administrative Officer & Corporate Secretary2.8yrsno data0.0063%
$ 3.7m
Christopher Clulow
Vice President of Investor Relations8.7yrsno datano data
John Gaidoo
VP & Chief Legal Officerless than a yearno data0.0013%
$ 779.8k
Marvin Boakye
VP & Chief Human Resources Officer3yrsUS$3.78m0.0043%
$ 2.6m
Brett Merritt
VP & President of Engine Business1.8yrsno data0.0045%
$ 2.6m
Benjamin Wright
President of Distribution Businessless than a yearno data0.0024%
$ 1.4m
2.9yrs
Average Tenure
53yo
Average Age

Experienced Management: CMI's management team is considered experienced (2.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jennifer Rumsey
CEO & Chairman of the Board3.8yrsUS$21.86m0.033%
$ 19.5m
Thomas Lynch
Lead Independent Director10.5yrsUS$364.81k0.0084%
$ 5.0m
William Miller
Independent Director36.8yrsUS$417.99k0.038%
$ 22.4m
Kimberly Nelson
Independent Director5.1yrsUS$364.81k0.0040%
$ 2.3m
Carla Harris
Independent Director4.5yrsUS$342.94k0.0025%
$ 1.5m
Karen Quintos
Independent Director8.3yrsUS$341.99k0.0038%
$ 2.2m
Bruno V. Di Leo
Independent Director10.5yrsUS$314.81k0.0037%
$ 2.2m
Matthew Tsien
Directorless than a yearno data0.00032%
$ 189.0k
Daniel Fisher
Independent Director2.1yrsUS$315.93k0.0017%
$ 980.6k
John Stone
Independent Director1.8yrsUS$419.63k0.0018%
$ 1.0m
Gary Belske
Independent Director3.3yrsUS$349.81k0.0021%
$ 1.2m
4.5yrs
Average Tenure
63yo
Average Age

Experienced Board: CMI's board of directors are considered experienced (4.5 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/05 06:58
End of Day Share Price 2025/11/05 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Cummins Inc. is covered by 47 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
John EadeArgus Research Company
Luke JunkBaird
Andrew KaplowitzBarclays