Cummins (CMI) FCF Margin (2009 - 2026)
Cummins (CMI) reported FCF Margin of 1.43% for Q1 2026, up 345.0% on a YoY basis from 0.32% in Q1 2025, and down 87.68% quarter-over-quarter from 11.6% in Q4 2025.
Cummins (CMI) FCF Margin (2009 - 2026) Analysis & Trends
Cummins has reported FCF Margin for 18 years, with the latest figure at 1.43% in Q1 2026.
- For the quarter ending Q1 2026, FCF Margin rose 345.0% year-over-year to 1.43%; the trailing twelve-month figure through Mar 2026 stood at 7.88% (up 786.0% YoY), and the FY2025 full-year result was 7.09%, up 627.0% from the prior year.
- FCF Margin for Q1 2026 stood at 1.43%, down from 11.6% in the prior quarter.
- The five-year high for FCF Margin was 14.81% in Q3 2023, with the low at 12.4% in Q2 2024.
- Historically, FCF Margin has averaged 4.74% across 5 years, with a median of 4.51% in 2024.
- Annual changes were most pronounced in 2024 — FCF Margin sank 1544 bps — and 2025, when it jumped 1881 bps.
- Cummins' FCF Margin stood at 4.56% in 2022, then jumped by 142 bps to 11.0% in 2023, then declined by 5 bps to 10.44% in 2024, then climbed by 11 bps to 11.6% in 2025, then sank by 88 bps to 1.43% in 2026.
- The last three FCF Margin figures came in at 1.43% (Q1 2026), 11.6% (Q4 2025), and 12.11% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 251.14 Bn | 242.11 Bn | 1.78 Bn | 51.30% |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn | 4.21% |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn | 16.06% |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn | 1.43% |
| 5 | Emerson Electric | 77.51 Bn | 75.74 Bn | 2.42 Bn | 15.21% |
| 6 | Illinois Tool Works | 72.86 Bn | 72.03 Bn | 1.76 Bn | 13.15% |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn | 22.09% |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn | 12.24% |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn | 6.39% |
| 10 | Ingersoll Rand | 28.28 Bn | 27.07 Bn | 792.40 Mn | 8.85% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.43% |
| Dec 31, 2025 | 11.60% |
| Sep 30, 2025 | 12.11% |
| Jun 30, 2025 | 6.41% |
| Mar 31, 2025 | -2.02% |
| Dec 31, 2024 | 10.44% |
| Sep 30, 2024 | 4.51% |
| Jun 30, 2024 | -12.40% |
| Mar 31, 2024 | 1.27% |
| Dec 31, 2023 | 11.00% |
| Sep 30, 2023 | 14.81% |
| Jun 30, 2023 | 3.03% |
| Mar 31, 2023 | 3.57% |
| Dec 31, 2022 | 4.56% |
| Sep 30, 2022 | 2.45% |
| Jun 30, 2022 | 6.86% |
| Mar 31, 2022 | 0.94% |
| Dec 31, 2021 | 0.58% |
| Oct 3, 2021 | 9.30% |
| Jul 4, 2021 | 9.90% |