Cummins (CMI) Net Margin (2009 - 2026)

Cummins has reported Net Margin for 18 years, with the latest figure at 7.79% in Q1 2026.

• For the quarter ending Q1 2026, Net Margin fell 229.0% year-over-year to 7.79%; the trailing twelve-month figure through Mar 2026 stood at 7.89% (down 31.0% YoY), and the FY2025 full-year result was 8.44%, down 313.0% from the prior year.
• Net Margin for Q1 2026 stood at 7.79%, up from 6.95% in the prior quarter.
• The five-year high for Net Margin was 23.72% in Q1 2024, with the low at 16.75% in Q4 2023.
• Historically, Net Margin has averaged 7.5% across 5 years, with a median of 8.12% in 2022.
• Annual changes were most pronounced in 2023 — Net Margin slumped 2487 bps — and 2024, when it surged 2170 bps.
• Cummins' Net Margin stood at 8.12% in 2022, then plunged by 306 bps to 16.75% in 2023, then jumped by 130 bps to 4.95% in 2024, then surged by 40 bps to 6.95% in 2025, then grew by 12 bps to 7.79% in 2026.
• The last three Net Margin figures came in at 7.79% (Q1 2026), 6.95% (Q4 2025), and 6.44% (Q3 2025), per Business Quant data.