Cummins (CMI) EBITDA Margin (2009 - 2026)
Cummins (CMI) posted EBITDA Margin of 11.3% for Q1 2026, up 18.65% on a QoQ basis from 9.52% in Q4 2025, and down 257.0% year-over-year from 7.2% in Q1 2025.
Cummins (CMI) EBITDA Margin (2009 - 2026) Analysis & Trends
Cummins' EBITDA Margin history runs 18 years deep, the most recent figure standing at 11.3% for 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 was 11.3% for Q1 2026 at Cummins, up from 9.52% in the prior quarter.
- Across five years, EBITDA Margin topped out at 14.18% in Q2 2025 and bottomed at 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 tumbled 16445 bps — and 2024, when it surged 2285 bps.
- Cummins' EBITDA 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 grew by 19 bps to 11.3% in 2026.
- Business Quant data shows CMI's EBITDA Margin at 11.3% in Q1 2026, 9.52% in Q4 2025, and 10.24% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 270.93 Bn | 257.81 Bn | 2.36 Bn | 5.88% |
| 2 | Eaton | 156.55 Bn | 155.79 Bn | 2.65 Bn | 15.73% |
| 3 | Parker-Hannifin | 124.04 Bn | 123.57 Bn | 2.02 Bn | 20.65% |
| 4 | Cummins | 91.66 Bn | 88.48 Bn | 2.24 Bn | 11.30% |
| 5 | Emerson Electric | 82.90 Bn | 81.11 Bn | 2.42 Bn | 24.24% |
| 6 | Illinois Tool Works | 81.54 Bn | 80.71 Bn | 1.76 Bn | 25.40% |
| 7 | Ametek | 55.40 Bn | 54.92 Bn | 717.56 Mn | 26.70% |
| 8 | Rockwell Automation | 51.78 Bn | 51.35 Bn | 1.13 Bn | 20.86% |
| 9 | Ingersoll Rand | 32.99 Bn | 31.71 Bn | 792.40 Mn | 15.68% |
| 10 | Xylem | 29.09 Bn | 28.28 Bn | 803.00 Mn | 11.48% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jul 4, 2021 | 173.76% |