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

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

Cummins' (CMI) quarterly Price to Earnings came in at 105.35 in Q2 2026, up 107.78% on a YoY basis from 50.7 in Q2 2025, and down 7.2% quarter-over-quarter from 113.52 in Q1 2026.

Analysis

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

Cummins (CMI) has reported Price to Earnings for 18 consecutive years, with 105.35 the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Price to Earnings rose 107.78% year-over-year to 105.35; the trailing twelve-month figure through Jun 2026 stood at 36.16 (up 135.69% YoY), and the FY2025 full-year result was 24.81, up 104.25% from the prior year.
  • Price to Earnings retreated to 105.35 in Q2 2026 per CMI's latest filing, from 113.52 in the prior quarter.
  • Across five years, Price to Earnings topped out at 118.93 in Q4 2025 and bottomed at 23.75 in Q4 2023.
  • Historically, Price to Earnings has averaged 63.47 across 5 years, with a median of 53.34 in 2022.
  • The sharpest annual moves came in 2023 and 2024: Price to Earnings tumbled 143.75% in 2023, then soared 582.78% in 2024.
  • Over 5 years, Price to Earnings stood at 54.28 in 2022, then tumbled by 143.75% to 23.75 in 2023, then jumped by 582.78% to 114.66 in 2024, then advanced by 3.73% to 118.93 in 2025, then decreased by 11.42% to 105.35 in 2026.
  • According to Business Quant data, Price to Earnings over the past three periods registered 105.35, 113.52, and 118.93 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 105.35
Mar 31, 2026 113.52
Dec 31, 2025 118.93
Sep 30, 2025 108.77
Jun 30, 2025 50.70
Mar 31, 2025 52.40
Dec 31, 2024 114.66
Sep 30, 2024 54.90
Jun 30, 2024 52.28
Mar 31, 2024 20.22
Dec 31, 2023 -23.75
Sep 30, 2023 49.36
Jun 30, 2023 48.23
Mar 31, 2023 42.81
Dec 31, 2022 54.28
Sep 30, 2022 71.75
Jun 30, 2022 38.87
Mar 31, 2022 69.24
Dec 31, 2021 78.86
Oct 3, 2021 61.06