Cummins CMI
NYSE CMI
$554.66 -6.89 (-1.23%)
As of: Sep 9, 2026 · 3:59 PM EDT

Cummins (CMI) EBITDA Margin (2009 - 2026)

Cummins' (CMI) quarterly EBITDA 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.

Analysis

Cummins (CMI) EBITDA Margin (2009 - 2026) Analysis & Trends

Cummins (CMI) has reported EBITDA Margin for 18 consecutive years, with 13.52% the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, EBITDA 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.
  • EBITDA Margin climbed to 13.52% in Q2 2026 per CMI's latest filing, from 11.3% 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.
  • Historically, EBITDA 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: EBITDA Margin plunged 2451 bps in 2023, then soared 2285 bps in 2024.
  • Over 5 years, 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 surged by 42 bps to 13.52% in 2026.
  • According to Business Quant data, EBITDA 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) EBITDA Margin (Qtr)
1 Caterpillar 374.13 Bn 367.42 Bn 7.76 Bn 20.91%
2 Cummins 77.17 Bn 73.56 Bn 2.47 Bn 13.52%
3 Paccar 65.64 Bn 56.97 Bn 1.56 Bn -61.85%
4 Borgwarner 13.75 Bn 11.48 Bn 721.00 Mn 10.14%
5 Allison Transmission Holdings 10.84 Bn 10.44 Bn 515.00 Mn 18.58%
6 Oshkosh 9.71 Bn 9.31 Bn 480.30 Mn 8.34%
7 Federal Signal 7.29 Bn 7.22 Bn 203.80 Mn 17.64%
8 Terex 7.23 Bn 6.82 Bn 444.00 Mn 8.36%
9 Dana 3.45 Bn 3.18 Bn 210.00 Mn 7.86%
10 Phinia 2.53 Bn 2.16 Bn 216.00 Mn 8.51%
Historic Data

Historic Data

Download Data
DateValue
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%