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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |