Cummins (CMI) EBITDA Margin (2009 - 2026)
Cummins' EBITDA Margin came in at 16.50% for Q2 2026, down 0.92 percentage points from 17.41% a year earlier but up 1.84 percentage points from the prior quarter.
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Analysis
Cummins (CMI) EBITDA Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Cummins reported EBITDA Margin of 14.44%, down 1.06 percentage points year-over-year; for FY2025, it was 15.24%, up 1.12 percentage points from FY2024.
- EBITDA Margin carries a five-year change of +0.39 percentage points (FY2020 to FY2025).
- Going back by year, EBITDA Margin was 14.12% in FY2024 (+5.94 pp), 8.18% in FY2023 (-5.05 pp), 13.23% in FY2022 (-0.80 pp) and 14.02% in FY2021 (-0.83 pp).
- The five-year range for quarterly EBITDA Margin is -11.10% (Q4 2023) to 17.41% (Q2 2025).
- Year-over-year, EBITDA Margin increased in five of the last eight quarters, with an average year-over-year change of +3.16 percentage points.
- The fastest year-over-year change in EBITDA Margin over five years came in Q4 2024 (a gain of 22.97 percentage points), and the weakest in Q4 2023 (a drop of 24.51 percentage points).
- Business Quant data shows CMI's EBITDA Margin at 14.66% (Q1 2026), 12.80% (Q4 2025) and 13.57% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 274.19 Bn | 245.49 Bn | 7.35 Bn | 23.35% |
| 2 | Amphenol | 198.54 Bn | 193.24 Bn | 4.02 Bn | 32.93% |
| 3 | Deere | 186.04 Bn | 154.13 Bn | 4.66 Bn | 19.50% |
| 4 | Eaton | 139.66 Bn | 136.59 Bn | 3.11 Bn | 22.95% |
| 5 | Parker-Hannifin | 120.67 Bn | 118.56 Bn | 2.26 Bn | 24.73% |
| 6 | 3M | 97.83 Bn | 79.27 Bn | 2.78 Bn | 28.77% |
| 7 | Emerson Electric | 94.87 Bn | 87.61 Bn | 2.66 Bn | 34.66% |
| 8 | Illinois Tool Works | 81.52 Bn | 78.19 Bn | 1.91 Bn | 30.15% |
| 9 | Vertiv Holdings | 76.99 Bn | 65.83 Bn | 1.64 Bn | 25.35% |
| 10 | Cummins | 64.10 Bn | 59.92 Bn | 2.62 Bn | 18.35% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 18.35% |
| Jun 30, 2026 | 16.50% |
| Mar 31, 2026 | 14.66% |
| Dec 31, 2025 | 12.80% |
| Sep 30, 2025 | 13.57% |
| Jun 30, 2025 | 17.41% |
| Mar 31, 2025 | 17.16% |
| Dec 31, 2024 | 11.87% |
| Sep 30, 2024 | 15.56% |
| Jun 30, 2024 | 14.87% |
| Mar 31, 2024 | 14.14% |
| Dec 31, 2023 | -11.10% |
| Sep 30, 2023 | 14.32% |
| Jun 30, 2023 | 14.52% |
| Mar 31, 2023 | 15.05% |
| Dec 31, 2022 | 13.41% |
| Sep 30, 2022 | 11.48% |
| Jun 30, 2022 | 16.16% |
| Mar 31, 2022 | 11.98% |
| Dec 31, 2021 | 11.28% |
API Access
Cummins EBITDA Margin 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-margin&ticker=CMI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "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-margin&ticker=CMI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();