Cummins (CMI) Return on Capital Employed (2009 - 2026)

Cummins (CMI) reported Return on Capital Employed of 15.97% for Q1 2026, down 339.0% on a YoY basis from 6.68% in Q1 2025, and down 3.99% quarter-over-quarter from 16.63% in Q4 2025.

Cummins (CMI) Return on Capital Employed (2009 - 2026) Analysis & Trends

Cummins has reported Return on Capital Employed for 18 years, with the latest figure at 15.97% in Q1 2026.

  • For the quarter ending Q1 2026, Return on Capital Employed fell 339.0% year-over-year to 15.97%; the trailing twelve-month figure through Mar 2026 stood at 15.97% (down 339.0% YoY), and the FY2025 full-year result was 17.38%, down 88.0% from the prior year.
  • Return on Capital Employed for Q1 2026 stood at 15.97%, down from 16.63% in the prior quarter.
  • The five-year high for Return on Capital Employed was 19.36% in Q1 2025, with the low at 8.2% in Q1 2024.
  • Historically, Return on Capital Employed has averaged 14.97% across 5 years, with a median of 16.01% in 2022.
  • Annual changes were most pronounced in 2024 — Return on Capital Employed plunged 949 bps — and 2025, when it surged 1116 bps.
  • Cummins' Return on Capital Employed stood at 15.74% in 2022, then tumbled by 42 bps to 9.2% in 2023, then surged by 98 bps to 18.24% in 2024, then declined by 9 bps to 16.63% in 2025, then dropped by 4 bps to 15.97% in 2026.
  • The last three Return on Capital Employed figures came in at 15.97% (Q1 2026), 16.63% (Q4 2025), and 16.1% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 GE Vernova 251.14 Bn 242.11 Bn 1.78 Bn 7.18%
2 Eaton 153.70 Bn 153.00 Bn 2.65 Bn 14.09%
3 Parker-Hannifin 111.44 Bn 110.97 Bn 2.02 Bn 18.36%
4 Cummins 90.06 Bn 87.33 Bn 2.24 Bn 15.97%
5 Emerson Electric 77.51 Bn 75.74 Bn 2.42 Bn 14.32%
6 Illinois Tool Works 72.86 Bn 72.03 Bn 1.76 Bn 39.40%
7 Ametek 51.86 Bn 51.38 Bn 717.56 Mn 14.67%
8 Rockwell Automation 50.08 Bn 49.71 Bn 1.13 Bn 31.32%
9 Dover 28.99 Bn 27.35 Bn 798.14 Mn 12.62%
10 Ingersoll Rand 28.28 Bn 27.07 Bn 792.40 Mn 6.93%

Historic Data

Download Data
DateValue
Mar 31, 2026 15.97%
Dec 31, 2025 16.63%
Sep 30, 2025 16.10%
Jun 30, 2025 17.95%
Mar 31, 2025 19.36%
Dec 31, 2024 18.24%
Sep 30, 2024 8.99%
Jun 30, 2024 8.35%
Mar 31, 2024 8.20%
Dec 31, 2023 9.20%
Sep 30, 2023 18.16%
Jun 30, 2023 16.80%
Mar 31, 2023 17.69%
Dec 31, 2022 15.74%
Sep 30, 2022 15.80%
Jun 30, 2022 16.01%
Mar 31, 2022 15.24%
Dec 31, 2021 16.60%
Oct 3, 2021 17.78%
Jul 4, 2021 17.58%