Cummins has been growing earnings at an average annual rate of 7.7%, while the Machinery industry saw earnings growing at 6.7% annually. Revenues have been growing at an average rate of 9.2% per year. Cummins's return on equity is 20.8%, and it has net margins of 7.9%.
Key information
7.68%
Earnings growth rate
9.05%
EPS growth rate
Machinery Industry Growth
19.41%
Revenue growth rate
9.24%
Return on equity
20.84%
Net Margin
7.89%
Last Earnings Update
31 Mar 2026
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Cummins makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
BIT:1CMI Revenue, expenses and earnings (USD Millions)
Date
Revenue
Earnings
G+A Expenses
R&D Expenses
31 Mar 26
33,894
2,673
3,129
1,403
31 Dec 25
33,670
2,843
3,057
1,389
30 Sep 25
33,581
2,668
3,049
1,400
30 Jun 25
33,720
2,941
3,054
1,414
31 Mar 25
33,873
2,777
3,098
1,436
31 Dec 24
34,102
3,946
3,153
1,461
30 Sep 24
34,198
2,097
3,237
1,497
30 Jun 24
34,173
1,944
3,259
1,514
31 Mar 24
34,015
1,938
3,295
1,519
31 Dec 23
34,065
735
3,333
1,500
30 Sep 23
33,292
2,797
3,037
1,443
30 Jun 23
32,194
2,541
2,909
1,415
31 Mar 23
30,142
2,523
2,657
1,330
31 Dec 22
28,074
2,151
2,657
1,278
30 Sep 22
26,154
1,914
2,448
1,233
30 Jun 22
24,789
2,048
2,227
1,151
31 Mar 22
24,314
1,946
2,310
1,128
31 Dec 21
24,021
2,131
2,374
1,090
03 Oct 21
24,001
2,238
2,232
1,057
04 Jul 21
23,151
2,205
2,235
1,015
04 Apr 21
20,892
1,881
2,080
928
31 Dec 20
19,811
1,789
2,125
906
27 Sep 20
19,559
1,588
2,116
922
28 Jun 20
20,209
1,709
2,173
940
29 Mar 20
22,578
2,108
2,338
1,002
31 Dec 19
23,571
2,260
2,454
1,001
29 Sep 19
24,119
2,539
2,396
974
30 Jun 19
24,294
2,609
2,415
961
31 Mar 19
24,205
2,479
2,390
929
31 Dec 18
23,771
2,141
2,437
902
30 Sep 18
23,121
1,288
2,383
866
01 Jul 18
22,463
1,049
2,480
850
01 Apr 18
21,409
928
2,413
806
31 Dec 17
20,428
999
2,429
754
01 Oct 17
19,455
1,651
2,283
704
02 Jul 17
18,357
1,487
2,170
648
02 Apr 17
17,807
1,469
2,103
628
31 Dec 16
17,509
1,394
2,051
637
02 Oct 16
17,772
1,177
2,035
655
03 Jul 16
18,205
1,268
2,052
695
03 Apr 16
18,692
1,333
2,065
706
31 Dec 15
19,110
1,399
2,092
735
27 Sep 15
19,434
1,682
2,146
741
28 Jun 15
19,704
1,725
2,145
742
Quality Earnings: 1CMI has high quality earnings.
Growing Profit Margin: 1CMI's current net profit margins (7.9%) are lower than last year (8.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 1CMI's earnings have grown by 7.7% per year over the past 5 years.
Accelerating Growth: 1CMI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 1CMI had negative earnings growth (-3.7%) over the past year, making it difficult to compare to the Machinery industry average (4.1%).
Return on Equity
High ROE: 1CMI's Return on Equity (20.8%) is considered high.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/06/16 03:13
End of Day Share Price
2026/06/16 00:00
Earnings
2026/03/31
Annual Earnings
2025/12/31
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.
* 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
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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 45 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.