Cummins (CMI) FCF Margin (2009 - 2026)
Cummins' (CMI) quarterly FCF Margin came in at 13.22% in Q2 2026, up 681.0% on a YoY basis from 1.69% in Q2 2025, and up 825.02% quarter-over-quarter from 1.43% in Q1 2026.
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Cummins (CMI) FCF Margin (2009 - 2026) Analysis & Trends
Cummins (CMI) has reported FCF Margin for 18 consecutive years, with 13.22% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, FCF Margin rose 681.0% year-over-year to 13.22%; the trailing twelve-month figure through Jun 2026 stood at 9.7% (up 480.0% YoY), and the FY2025 full-year result was 7.09%, up 627.0% from the prior year.
- FCF Margin improved to 13.22% in Q2 2026 per CMI's latest filing, from 1.43% 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.
- Historically, FCF Margin has averaged 5.21% across 5 years, with a median of 4.53% in 2024.
- The sharpest annual moves came in 2024 and 2025: FCF Margin slumped 1544 bps in 2024, then surged 1881 bps in 2025.
- Over 5 years, 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 advanced by 14 bps to 13.22% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 13.22%, 1.43%, and 11.6% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 374.13 Bn | 367.42 Bn | 7.76 Bn | -1.84% |
| 2 | Cummins | 77.17 Bn | 73.56 Bn | 2.47 Bn | 13.22% |
| 3 | Paccar | 65.64 Bn | 56.97 Bn | 1.56 Bn | -9.23% |
| 4 | Borgwarner | 13.75 Bn | 11.48 Bn | 721.00 Mn | 13.43% |
| 5 | Allison Transmission Holdings | 10.84 Bn | 10.44 Bn | 515.00 Mn | 17.94% |
| 6 | Oshkosh | 9.71 Bn | 9.31 Bn | 480.30 Mn | 11.92% |
| 7 | Federal Signal | 7.29 Bn | 7.22 Bn | 203.80 Mn | 15.07% |
| 8 | Terex | 7.23 Bn | 6.82 Bn | 444.00 Mn | 4.24% |
| 9 | Dana | 3.45 Bn | 3.18 Bn | 210.00 Mn | -1.64% |
| 10 | Phinia | 2.53 Bn | 2.16 Bn | 216.00 Mn | 7.34% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |
| Oct 3, 2021 | 7.02% |