Cummins (CMI) FCF Margin (2009 - 2026)

Cummins' FCF Margin history runs 18 years deep, the most recent figure standing at 1.43% for Q1 2026.

• Quarterly FCF Margin rose 345.0% year-over-year to 1.43% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 7.88% (up 786.0% YoY) and the FY2025 annual result came in at 7.09%, up 627.0% from the prior year.
• FCF Margin was 1.43% for Q1 2026 at Cummins, down from 11.6% in the prior quarter.
• Across five years, FCF Margin topped out at 14.81% in Q3 2023 and bottomed at 12.4% in Q2 2024.
• A 5-year average of 4.74% and a median of 4.51% in 2024 frame the typical range for FCF Margin.
• Annual changes were most pronounced in 2022 — FCF Margin tumbled 19105 bps — and 2025, when it jumped 1881 bps.
• Cummins' FCF Margin stood at 4.56% in 2022, then soared by 142 bps to 11.0% in 2023, then retreated by 5 bps to 10.44% in 2024, then increased by 11 bps to 11.6% in 2025, then tumbled by 88 bps to 1.43% in 2026.
• Business Quant data shows CMI's FCF Margin at 1.43% in Q1 2026, 11.6% in Q4 2025, and 12.11% in Q3 2025.