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| Date | Value |
|---|---|
| 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% |