Cummins (CMI) EBT Margin (2009 - 2026)
Cummins (CMI) reported EBT Margin of 11.12% for Q1 2026, down 254.0% on a YoY basis from 7.22% in Q1 2025, and up 20.02% quarter-over-quarter from 9.27% in Q4 2025.
Cummins (CMI) EBT Margin (2009 - 2026) Analysis & Trends
Cummins has reported EBT Margin for 18 years, with the latest figure at 11.12% in Q1 2026.
- For the quarter ending Q1 2026, EBT Margin fell 254.0% year-over-year to 11.12%; the trailing twelve-month figure through Mar 2026 stood at 11.15% (down 6.0% YoY), and the FY2025 full-year result was 11.77%, down 261.0% from the prior year.
- EBT Margin for Q1 2026 stood at 11.12%, up from 9.27% in the prior quarter.
- The five-year high for EBT Margin was 26.43% in Q1 2024, with the low at 14.4% in Q4 2023.
- Historically, EBT Margin has averaged 10.32% across 5 years, with a median of 10.99% in 2023.
- Annual changes were most pronounced in 2023 — EBT Margin tumbled 2441 bps — and 2024, when it soared 2223 bps.
- Cummins' EBT Margin stood at 10.01% in 2022, then tumbled by 244 bps to 14.4% in 2023, then soared by 154 bps to 7.84% in 2024, then grew by 18 bps to 9.27% in 2025, then climbed by 20 bps to 11.12% in 2026.
- The last three EBT Margin figures came in at 11.12% (Q1 2026), 9.27% (Q4 2025), and 9.98% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 251.14 Bn | 242.11 Bn | 1.78 Bn | 54.64% |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn | 14.86% |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn | 20.40% |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn | 11.12% |
| 5 | Emerson Electric | 77.51 Bn | 75.74 Bn | 2.42 Bn | 17.38% |
| 6 | Illinois Tool Works | 72.86 Bn | 72.03 Bn | 1.76 Bn | 24.08% |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn | 25.56% |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn | 19.65% |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn | 14.55% |
| 10 | Ingersoll Rand | 28.28 Bn | 27.07 Bn | 792.40 Mn | 12.45% |
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 | 11.31% |
| Jul 4, 2021 | 12.75% |