Cummins (CMI) EBIT Margin (2009 - 2026)
Cummins' (CMI) quarterly EBIT Margin came in at 13.52% in Q2 2026, down 66.0% on a YoY basis from 39.78% in Q2 2025, and up 19.68% quarter-over-quarter from 11.3% in Q1 2026.
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Cummins (CMI) EBIT Margin (2009 - 2026) Analysis & Trends
Cummins (CMI) has reported EBIT Margin for 18 consecutive years, with 13.52% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBIT Margin fell 66.0% year-over-year to 13.52%; the trailing twelve-month figure through Jun 2026 stood at 11.22% (down 107.0% YoY), and the FY2025 full-year result was 11.95%, up 96.0% from the prior year.
- EBIT Margin climbed to 13.52% in Q2 2026 per CMI's latest filing, from 11.3% in the prior quarter.
- Across five years, EBIT Margin topped out at 14.18% in Q2 2025 and bottomed at 14.19% in Q4 2023.
- Historically, EBIT Margin has averaged 9.96% across 5 years, with a median of 11.28% in 2023.
- The sharpest annual moves came in 2023 and 2024: EBIT Margin plunged 2451 bps in 2023, then soared 2285 bps in 2024.
- Over 5 years, EBIT Margin stood at 10.32% in 2022, then plunged by 237 bps to 14.19% in 2023, then jumped by 161 bps to 8.67% in 2024, then gained by 10 bps to 9.52% in 2025, then surged by 42 bps to 13.52% in 2026.
- According to Business Quant data, EBIT Margin over the past three periods registered 13.52%, 11.3%, and 9.52% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 369.61 Bn | 362.90 Bn | 7.76 Bn | 20.91% |
| 2 | Cummins | 75.36 Bn | 70.69 Bn | 2.47 Bn | 13.52% |
| 3 | Paccar | 64.71 Bn | 56.04 Bn | 1.56 Bn | -61.85% |
| 4 | Borgwarner | 13.38 Bn | 10.93 Bn | 721.00 Mn | 10.14% |
| 5 | Allison Transmission Holdings | 10.41 Bn | 10.01 Bn | 515.00 Mn | 18.58% |
| 6 | Oshkosh | 9.22 Bn | 8.82 Bn | 480.30 Mn | 8.34% |
| 7 | Federal Signal | 6.94 Bn | 6.88 Bn | 203.80 Mn | 17.64% |
| 8 | Terex | 6.82 Bn | 6.41 Bn | 444.00 Mn | 8.36% |
| 9 | Dana | 3.28 Bn | 2.95 Bn | 210.00 Mn | 3.78% |
| 10 | Phinia | 2.46 Bn | 2.09 Bn | 216.00 Mn | 8.51% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.52% |
| Mar 31, 2026 | 11.30% |
| Dec 31, 2025 | 9.52% |
| Sep 30, 2025 | 10.24% |
| Jun 30, 2025 | 14.18% |
| Mar 31, 2025 | 13.87% |
| Dec 31, 2024 | 8.67% |
| Sep 30, 2024 | 12.42% |
| Jun 30, 2024 | 11.88% |
| Mar 31, 2024 | 10.98% |
| Dec 31, 2023 | -14.19% |
| Sep 30, 2023 | 11.27% |
| Jun 30, 2023 | 11.54% |
| Mar 31, 2023 | 12.14% |
| Dec 31, 2022 | 10.32% |
| Sep 30, 2022 | 8.54% |
| Jun 30, 2022 | 13.62% |
| Mar 31, 2022 | 9.46% |
| Dec 31, 2021 | 8.46% |
| Oct 3, 2021 | 11.16% |