Cummins (CMI) EBT Margin (2009 - 2026)
Cummins (CMI) posted EBT Margin of 11.12% for Q1 2026, up 20.02% on a QoQ basis from 9.27% in Q4 2025, and down 254.0% year-over-year from 7.22% in Q1 2025.
Cummins (CMI) EBT Margin (2009 - 2026) Analysis & Trends
Cummins' EBT Margin history runs 18 years deep, the most recent figure standing at 11.12% for Q1 2026.
- Quarterly EBT Margin fell 254.0% year-over-year to 11.12% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 11.15% (down 6.0% YoY) and the FY2025 annual result came in at 11.77%, down 261.0% from the prior year.
- EBT Margin was 11.12% for Q1 2026 at Cummins, up from 9.27% in the prior quarter.
- Across five years, EBT Margin topped out at 26.43% in Q1 2024 and bottomed at 14.4% in Q4 2023.
- A 5-year average of 10.32% and a median of 10.99% in 2023 frame the typical range for EBT Margin.
- Annual changes were most pronounced in 2022 — EBT Margin slumped 17118 bps — and 2024, when it soared 2223 bps.
- Cummins' EBT Margin stood at 10.01% in 2022, then sank by 244 bps to 14.4% in 2023, then surged by 154 bps to 7.84% in 2024, then rose by 18 bps to 9.27% in 2025, then increased by 20 bps to 11.12% in 2026.
- Business Quant data shows CMI's EBT Margin at 11.12% in Q1 2026, 9.27% in Q4 2025, and 9.98% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 270.93 Bn | 257.81 Bn | 2.36 Bn | 8.33% |
| 2 | Eaton | 156.55 Bn | 155.79 Bn | 2.65 Bn | 14.86% |
| 3 | Parker-Hannifin | 124.04 Bn | 123.57 Bn | 2.02 Bn | 20.40% |
| 4 | Cummins | 91.66 Bn | 88.48 Bn | 2.24 Bn | 11.12% |
| 5 | Emerson Electric | 82.90 Bn | 81.11 Bn | 2.42 Bn | 17.38% |
| 6 | Illinois Tool Works | 81.54 Bn | 80.71 Bn | 1.76 Bn | 24.08% |
| 7 | Ametek | 55.40 Bn | 54.92 Bn | 717.56 Mn | 25.56% |
| 8 | Rockwell Automation | 51.78 Bn | 51.35 Bn | 1.13 Bn | 19.65% |
| 9 | Ingersoll Rand | 32.99 Bn | 31.71 Bn | 792.40 Mn | 12.45% |
| 10 | Xylem | 29.09 Bn | 28.28 Bn | 803.00 Mn | 11.48% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 11.12% |
| Dec 31, 2025 | 9.27% |
| Sep 30, 2025 | 9.98% |
| Jun 30, 2025 | 14.17% |
| Mar 31, 2025 | 13.67% |
| Dec 31, 2024 | 7.84% |
| Sep 30, 2024 | 12.33% |
| Jun 30, 2024 | 11.11% |
| Mar 31, 2024 | 26.43% |
| Dec 31, 2023 | -14.40% |
| Sep 30, 2023 | 10.41% |
| Jun 30, 2023 | 10.99% |
| Mar 31, 2023 | 12.17% |
| Dec 31, 2022 | 10.01% |
| Sep 30, 2022 | 8.29% |
| Jun 30, 2022 | 12.98% |
| Mar 31, 2022 | 9.05% |
| Dec 31, 2021 | 8.79% |
| Oct 3, 2021 | 175.32% |
| Jul 4, 2021 | 184.16% |