Cummins (CMI) EBITDA (2009 - 2026)
Cummins' EBITDA was $1.56 billion in Q2 2026, up 3.7% from $1.51 billion a year earlier and up 26.7% from the prior quarter.
Cummins (CMI) EBITDA (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Cummins' EBITDA was $5.01 billion through Jun 30, 2026, down 4.1% year-over-year; for FY2025, it was $5.13 billion, up 6.5% from FY2024.
- EBITDA shows a five-year compound annual growth rate of 11.8% (FY2020 to FY2025).
- In earlier years, EBITDA was $4.82 billion in FY2024 (+72.9%), $2.79 billion in FY2023 (-25.0%), $3.71 billion in FY2022 (+10.2%) and $3.37 billion in FY2021 (+14.5%).
- The Q2 2026 figure marks the highest quarterly EBITDA in data going back to Q1 2009.
- Compared with a year earlier, EBITDA was higher in five of the last seven quarters, with growth averaging 4.0%.
- The best year-over-year quarter for EBITDA over five years was Q1 2023 (growth of 66.3%); the worst was Q1 2022 (a decline of 21.9%).
- Per Business Quant data, CMI's EBITDA in the three quarters before Q2 2026 was $1.23 billion (Q1 2026), $1.09 billion (Q4 2025) and $1.13 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 376.87 Bn | 348.57 Bn | 7.76 Bn | 4.91 Bn |
| 2 | Amphenol | 208.65 Bn | 203.35 Bn | 3.55 Bn | 2.93 Bn |
| 3 | Deere | 185.97 Bn | 194.73 Bn | 4.66 Bn | 2.46 Bn |
| 4 | Eaton | 167.50 Bn | 164.73 Bn | 2.86 Bn | 1.79 Bn |
| 5 | Parker-Hannifin | 122.25 Bn | 120.39 Bn | 2.25 Bn | 1.61 Bn |
| 6 | Vertiv Holdings | 93.95 Bn | 84.57 Bn | 1.23 Bn | 753.70 Mn |
| 7 | Emerson Electric | 88.90 Bn | 81.65 Bn | 2.66 Bn | 1.69 Bn |
| 8 | 3M | 87.39 Bn | 68.85 Bn | 2.68 Bn | 1.32 Bn |
| 9 | Illinois Tool Works | 78.00 Bn | 74.56 Bn | 1.90 Bn | 1.25 Bn |
| 10 | Cummins | 71.32 Bn | 68.45 Bn | 2.47 Bn | 1.56 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.56 Bn |
| Mar 31, 2026 | 1.23 Bn |
| Dec 31, 2025 | 1.09 Bn |
| Sep 30, 2025 | 1.13 Bn |
| Jun 30, 2025 | 1.51 Bn |
| Mar 31, 2025 | 1.40 Bn |
| Dec 31, 2024 | 1.00 Bn |
| Sep 30, 2024 | 1.32 Bn |
| Jun 30, 2024 | 1.31 Bn |
| Mar 31, 2024 | 1.19 Bn |
| Dec 31, 2023 | -948.00 Mn |
| Sep 30, 2023 | 1.21 Bn |
| Jun 30, 2023 | 1.25 Bn |
| Mar 31, 2023 | 1.27 Bn |
| Dec 31, 2022 | 1.04 Bn |
| Sep 30, 2022 | 842.00 Mn |
| Jun 30, 2022 | 1.06 Bn |
| Mar 31, 2022 | 765.00 Mn |
| Dec 31, 2021 | 660.00 Mn |
| Oct 3, 2021 | 826.00 Mn |
Cummins EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda&ticker=CMI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "ticker": "CMI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebitda&ticker=CMI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();