Cummins (CMI) EBT Margin (2009 - 2026)
Cummins' (CMI) quarterly EBT Margin came in at 13.67% in Q2 2026, down 50.0% on a YoY basis from 27.34% in Q2 2025, and up 22.93% quarter-over-quarter from 11.12% in Q1 2026.
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Cummins (CMI) EBT Margin (2009 - 2026) Analysis & Trends
Cummins (CMI) has reported EBT Margin for 18 consecutive years, with 13.67% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBT Margin fell 50.0% year-over-year to 13.67%; the trailing twelve-month figure through Jun 2026 stood at 11.09% (down 91.0% YoY), and the FY2025 full-year result was 11.77%, down 261.0% from the prior year.
- EBT Margin rose to 13.67% in Q2 2026 per CMI's latest filing, from 11.12% 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.
- Historically, EBT Margin has averaged 10.51% across 5 years, with a median of 11.05% in 2023.
- The sharpest annual moves came in 2023 and 2024: EBT Margin plunged 2441 bps in 2023, then jumped 2223 bps in 2024.
- Over 5 years, 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 surged by 48 bps to 13.67% in 2026.
- According to Business Quant data, EBT Margin over the past three periods registered 13.67%, 11.12%, and 9.27% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 374.13 Bn | 367.42 Bn | 7.76 Bn | 22.19% |
| 2 | Cummins | 77.17 Bn | 73.56 Bn | 2.47 Bn | 13.67% |
| 3 | Paccar | 65.64 Bn | 56.97 Bn | 1.56 Bn | 13.01% |
| 4 | Borgwarner | 13.75 Bn | 11.48 Bn | 721.00 Mn | 10.20% |
| 5 | Allison Transmission Holdings | 10.84 Bn | 10.44 Bn | 515.00 Mn | 14.56% |
| 6 | Oshkosh | 9.71 Bn | 9.31 Bn | 480.30 Mn | 7.54% |
| 7 | Federal Signal | 7.29 Bn | 7.22 Bn | 203.80 Mn | 16.62% |
| 8 | Terex | 7.23 Bn | 6.82 Bn | 444.00 Mn | 6.21% |
| 9 | Dana | 3.45 Bn | 3.18 Bn | 210.00 Mn | 2.94% |
| 10 | Phinia | 2.53 Bn | 2.16 Bn | 216.00 Mn | 7.13% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.67% |
| 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 | 11.31% |