Cummins CMI
NYSE CMI
$554.66 -6.89 (-1.23%)
As of: Sep 9, 2026 · 3:59 PM EDT

Cummins (CMI) Price to Book (2009 - 2026)

Cummins' (CMI) quarterly Price to Book came in at 7.06 in Q2 2026, up 101.42% on a YoY basis from 3.51 in Q2 2025, and up 27.17% quarter-over-quarter from 5.55 in Q1 2026.

Analysis

Cummins (CMI) Price to Book (2009 - 2026) Analysis & Trends

Cummins (CMI) has reported Price to Book for 18 consecutive years, with 7.06 the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Price to Book rose 101.42% year-over-year to 7.06; the trailing twelve-month figure through Jun 2026 stood at 7.06 (up 101.42% YoY), and the FY2025 full-year result was 5.26, up 24.11% from the prior year.
  • Price to Book grew to 7.06 in Q2 2026 per CMI's latest filing, from 5.55 in the prior quarter.
  • Across five years, Price to Book topped out at 7.06 in Q2 2026 and bottomed at 2.77 in Q3 2023.
  • Historically, Price to Book has averaged 3.9 across 5 years, with a median of 3.55 in 2024.
  • The sharpest annual moves came in 2022 and 2026: Price to Book retreated 29.62% in 2022, then soared 101.42% in 2026.
  • Over 5 years, Price to Book stood at 3.44 in 2022, then slipped by 0.15% to 3.43 in 2023, then increased by 23.51% to 4.24 in 2024, then increased by 24.11% to 5.26 in 2025, then surged by 34.23% to 7.06 in 2026.
  • According to Business Quant data, Price to Book over the past three periods registered 7.06, 5.55, and 5.26 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Caterpillar 374.13 Bn 367.42 Bn 7.76 Bn
2 Cummins 77.17 Bn 73.56 Bn 2.47 Bn
3 Paccar 65.64 Bn 56.97 Bn 1.56 Bn
4 Borgwarner 13.75 Bn 11.48 Bn 721.00 Mn
5 Allison Transmission Holdings 10.84 Bn 10.44 Bn 515.00 Mn
6 Oshkosh 9.71 Bn 9.31 Bn 480.30 Mn
7 Federal Signal 7.29 Bn 7.22 Bn 203.80 Mn
8 Terex 7.23 Bn 6.82 Bn 444.00 Mn
9 Dana 3.45 Bn 3.18 Bn 210.00 Mn
10 Phinia 2.53 Bn 2.16 Bn 216.00 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 7.06
Mar 31, 2026 5.55
Dec 31, 2025 5.26
Sep 30, 2025 4.45
Jun 30, 2025 3.51
Mar 31, 2025 3.61
Dec 31, 2024 4.24
Sep 30, 2024 3.92
Jun 30, 2024 3.59
Mar 31, 2024 3.99
Dec 31, 2023 3.43
Sep 30, 2023 2.77
Jun 30, 2023 3.06
Mar 31, 2023 3.18
Dec 31, 2022 3.44
Sep 30, 2022 3.07
Jun 30, 2022 2.89
Mar 31, 2022 3.23
Dec 31, 2021 3.44
Oct 3, 2021 3.75