Cummins (CMI) Equity Income (2009 - 2026)
Cummins' Equity Income was $154 million in Q2 2026, up 30.5% from $118 million a year earlier and up 4.1% from the prior quarter.
Cummins (CMI) Equity Income (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Cummins' Equity Income was $522 million through Jun 30, 2026, up 24.9% year-over-year; for FY2025, it came in at $469 million, up 18.7% from FY2024.
- Equity Income shows a five-year compound annual growth rate of 0.7% (FY2020 to FY2025).
- In earlier years, Equity Income was $395 million in FY2024 (-18.2%), $483 million in FY2023 (+38.4%), $349 million in FY2022 (-31.0%) and $506 million in FY2021 (+11.9%).
- The Q2 2026 figure marks the highest quarterly Equity Income since Q1 2021.
- Compared with a year earlier, Equity Income has increased for six straight quarters, with growth averaging 10.1% over the last eight quarters.
- The best year-over-year quarter for Equity Income over five years was Q3 2023 (growth of 68.6%); the worst was Q1 2022 (a decline of 42.2%).
- Per Business Quant data, CMI's Equity Income in the three quarters before Q2 2026 was $148 million (Q1 2026), $116 million (Q4 2025) and $104 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 90.00 Mn |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | - |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 24.00 Mn |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | - |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | - |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | - |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | - |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | - |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | - |
| 10 | Cummins | 71.14 Bn | 68.27 Bn | 2.47 Bn | 154.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 154.00 Mn |
| Mar 31, 2026 | 148.00 Mn |
| Dec 31, 2025 | 116.00 Mn |
| Sep 30, 2025 | 104.00 Mn |
| Jun 30, 2025 | 118.00 Mn |
| Mar 31, 2025 | 131.00 Mn |
| Dec 31, 2024 | 70.00 Mn |
| Sep 30, 2024 | 99.00 Mn |
| Jun 30, 2024 | 103.00 Mn |
| Mar 31, 2024 | 123.00 Mn |
| Dec 31, 2023 | 113.00 Mn |
| Sep 30, 2023 | 118.00 Mn |
| Jun 30, 2023 | 133.00 Mn |
| Mar 31, 2023 | 119.00 Mn |
| Dec 31, 2022 | 88.00 Mn |
| Sep 30, 2022 | 70.00 Mn |
| Jun 30, 2022 | 95.00 Mn |
| Mar 31, 2022 | 96.00 Mn |
| Dec 31, 2021 | 109.00 Mn |
| Oct 3, 2021 | 94.00 Mn |
Cummins Equity Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=equity-income&ticker=CMI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "equity-income", "ticker": "CMI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=equity-income&ticker=CMI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();