Cummins (CMI) FCF Margin (2009 - 2026)
Cummins (CMI) posted FCF Margin of 13.22% for Q2 2026, up 6.81 percentage points from 6.41% a year earlier and up 11.79 percentage points from the prior quarter.
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Analysis
Cummins (CMI) FCF Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, FCF Margin at Cummins was 9.70%, up 4.80 percentage points year-over-year; for FY2025, it was 7.09%, up 6.27 percentage points from FY2024.
- Annual FCF Margin shows a five-year change of -3.99 percentage points (FY2020 to FY2025).
- In prior years, Cummins' FCF Margin was 0.82% in FY2024 (-7.26 pp), 8.08% in FY2023 (+4.36 pp), 3.73% in FY2022 (-2.61 pp) and 6.34% in FY2021 (-4.74 pp).
- The Q2 2026 figure stands as the highest quarterly FCF Margin since Q3 2023.
- On a year-over-year basis, FCF Margin has increased in each of the last five quarters, with an average year-over-year change of +2.96 percentage points over the last eight quarters.
- The strongest year-over-year quarter for FCF Margin in the past five years was Q2 2025, with a gain of 18.81 percentage points; the weakest was Q2 2024, with a drop of 15.44 percentage points.
- According to Business Quant data, FCF Margin for the three prior quarters was 1.43% (Q1 2026), 11.60% (Q4 2025) and 12.11% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 274.19 Bn | 245.49 Bn | 7.35 Bn | 15.90% |
| 2 | Amphenol | 198.54 Bn | 193.24 Bn | 4.02 Bn | 15.85% |
| 3 | Deere | 186.04 Bn | 154.13 Bn | 4.66 Bn | 10.35% |
| 4 | Eaton | 139.66 Bn | 136.59 Bn | 3.11 Bn | 11.56% |
| 5 | Parker-Hannifin | 120.67 Bn | 118.56 Bn | 2.26 Bn | 10.73% |
| 6 | 3M | 97.83 Bn | 79.27 Bn | 2.78 Bn | 3.49% |
| 7 | Emerson Electric | 94.87 Bn | 87.61 Bn | 2.66 Bn | 27.13% |
| 8 | Illinois Tool Works | 81.52 Bn | 78.19 Bn | 1.91 Bn | 20.09% |
| 9 | Vertiv Holdings | 76.99 Bn | 65.83 Bn | 1.64 Bn | 15.19% |
| 10 | Cummins | 64.10 Bn | 59.92 Bn | 2.62 Bn | 11.68% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 11.68% |
| Jun 30, 2026 | 13.22% |
| 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 | 6.15% |
API Access
Cummins FCF Margin 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=fcf-margin&ticker=CMI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=CMI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();