Cummins (CMI) Gross Margin (2009 - 2025)

Cummins has reported Gross Margin for 17 years, with the latest figure at 25.29% in FY2025.

• For the quarter ending Q1 2026, Gross Margin rose 34.0% year-over-year to 26.71%; the trailing twelve-month figure through Mar 2026 stood at 25.39% (up 13.0% YoY), and the FY2025 full-year result was 25.29%, up 55.0% from the prior year.
• Gross Margin for FY2025 stood at 25.29%, up from 24.75% in the prior year.
• The five-year high for Gross Margin was 25.29% in FY2025, with the low at 23.71% in FY2021.
• Historically, Gross Margin has averaged 24.38% across 5 years, with a median of 24.22% in 2023.
• Annual changes were most pronounced in 2021 — Gross Margin plunged 100 bps — and 2025, when it jumped 55 bps.
• Cummins' Gross Margin stood at 23.71% in 2021, then grew by 1 bps to 23.93% in 2022, then advanced by 1 bps to 24.22% in 2023, then climbed by 2 bps to 24.75% in 2024, then climbed by 2 bps to 25.29% in 2025.
• The last three Gross Margin figures came in at 25.29% (FY2025), 24.75% (FY2024), and 24.22% (FY2023), per Business Quant data.