Cummins (CMI) Price to Earnings (2009 - 2026)
Cummins' (CMI) Price to Earnings was 36.16 for Q2 2026, up 135.7% from 15.34 a year earlier and up 30.2% from the prior quarter.
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Analysis
Cummins (CMI) Price to Earnings (2009 - 2026) Analysis & Trends
For FY2025, Price to Earnings at Cummins was 24.81, up 104.3% from FY2024.
- By year, Price to Earnings came in at 12.15 in FY2024 (-73.7%), 46.24 in FY2023 (+190.4%), 15.92 in FY2022 (+9.2%) and 14.58 in FY2021 (-22.2%).
- The Q2 2026 figure ranks as the highest quarterly Price to Earnings since Q4 2023.
- Year over year, Price to Earnings has now increased in each of the last four quarters, with growth averaging 35.5% over the last eight quarters.
- The high point for year-over-year Price to Earnings in five years was Q4 2023 (growth of 190.4%); the low point was Q4 2024 (a decline of 73.7%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 27.77 (Q1 2026), 24.81 (Q4 2025) and 21.85 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 388.70 Bn | 360.40 Bn | 7.76 Bn |
| 2 | Amphenol | 214.42 Bn | 209.12 Bn | 3.55 Bn |
| 3 | Deere | 185.30 Bn | 194.07 Bn | 4.66 Bn |
| 4 | Eaton | 169.35 Bn | 166.59 Bn | 2.86 Bn |
| 5 | Parker-Hannifin | 122.64 Bn | 120.77 Bn | 2.25 Bn |
| 6 | Vertiv Holdings | 97.12 Bn | 87.74 Bn | 1.23 Bn |
| 7 | Emerson Electric | 90.13 Bn | 82.89 Bn | 2.66 Bn |
| 8 | 3M | 83.49 Bn | 64.94 Bn | 2.68 Bn |
| 9 | Illinois Tool Works | 74.89 Bn | 71.45 Bn | 1.90 Bn |
| 10 | Cummins | 72.76 Bn | 69.90 Bn | 2.47 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 36.16 |
| Mar 31, 2026 | 27.77 |
| Dec 31, 2025 | 24.81 |
| Sep 30, 2025 | 21.85 |
| Jun 30, 2025 | 15.34 |
| Mar 31, 2025 | 15.55 |
| Dec 31, 2024 | 12.15 |
| Sep 30, 2024 | 21.18 |
| Jun 30, 2024 | 19.52 |
| Mar 31, 2024 | 20.80 |
| Dec 31, 2023 | 46.24 |
| Sep 30, 2023 | 11.58 |
| Jun 30, 2023 | 13.67 |
| Mar 31, 2023 | 13.40 |
| Dec 31, 2022 | 15.92 |
| Sep 30, 2022 | 14.99 |
| Jun 30, 2022 | 13.32 |
| Mar 31, 2022 | 14.87 |
| Dec 31, 2021 | 14.58 |
| Oct 3, 2021 | 14.57 |
API Access
Cummins Price to Earnings API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-earnings&ticker=CMI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-earnings", "ticker": "CMI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-earnings&ticker=CMI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();