Cummins (CMI) EBITDA Margin (2009 - 2026)
Cummins' (CMI) quarterly EBITDA Margin came in at 11.3% in Q1 2026, down 257.0% YoY from 7.2% in Q1 2025, and up 18.65% on a QoQ basis from 9.52% in Q4 2025.
Cummins (CMI) EBITDA Margin (2009 - 2026) Analysis & Trends
Cummins (CMI) has 18 years of EBITDA Margin data on file, last reported at 11.3% in Q1 2026.
- Quarterly EBITDA Margin fell 257.0% year-over-year to 11.3% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 11.33% (down 36.0% YoY) and the FY2025 annual result came in at 11.95%, up 96.0% from the prior year.
- EBITDA Margin rose to 11.3% in Q1 2026, from 9.52% in the prior quarter.
- In the past five years, EBITDA Margin ranged from a high of 14.18% in Q2 2025 to a low of 14.19% in Q4 2023.
- A 5-year average of 9.75% and a median of 11.27% in 2023 frame the typical range for EBITDA Margin.
- Annual changes were most pronounced in 2022 — EBITDA Margin plunged 16445 bps — and 2024, when it surged 2285 bps.
- Tracing CMI's EBITDA Margin over 5 years: stood at 10.32% in 2022, then slumped by 237 bps to 14.19% in 2023, then surged by 161 bps to 8.67% in 2024, then increased by 10 bps to 9.52% in 2025, then advanced by 19 bps to 11.3% in 2026.
- The last three EBITDA Margin figures came in at 11.3% (Q1 2026), 9.52% (Q4 2025), and 10.24% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 259.17 Bn | 246.05 Bn | 2.36 Bn | 5.88% |
| 2 | Eaton | 161.52 Bn | 160.83 Bn | 2.86 Bn | 16.32% |
| 3 | Parker-Hannifin | 126.40 Bn | 125.92 Bn | 2.02 Bn | 20.65% |
| 4 | Emerson Electric | 86.56 Bn | 84.38 Bn | 2.66 Bn | 26.92% |
| 5 | Cummins | 81.89 Bn | 77.22 Bn | 2.47 Bn | 13.52% |
| 6 | Illinois Tool Works | 80.94 Bn | 80.10 Bn | 1.90 Bn | 26.67% |
| 7 | Ametek | 54.90 Bn | 54.40 Bn | 735.04 Mn | 25.84% |
| 8 | Rockwell Automation | 47.96 Bn | 47.48 Bn | 1.14 Bn | 20.80% |
| 9 | Ingersoll Rand | 30.93 Bn | 29.76 Bn | 862.60 Mn | 18.56% |
| 10 | Otis Worldwide | 27.48 Bn | 26.67 Bn | 1.14 Bn | 14.90% |
Historic Data
Download 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 | 172.99% |