Cummins (CMI) Return on Capital Employed [ROCE] (2009 - 2026)
Cummins (CMI) posted Return on Capital Employed [ROCE] of 15.98% for Q2 2026, down 1.97 percentage points from 17.95% a year earlier but up 0.01 percentage points from the prior quarter.
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Analysis
Cummins (CMI) Return on Capital Employed [ROCE] (2009 - 2026) Analysis & Trends
For FY2025, Cummins' Return on Capital Employed [ROCE] came in at 17.38%, down 0.88 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] shows a five-year change of +2.10 percentage points (FY2020 to FY2025).
- In prior years, Cummins' Return on Capital Employed [ROCE] was 18.26% in FY2024 (+8.61 pp), 9.65% in FY2023 (-9.15 pp), 18.80% in FY2022 (+1.97 pp) and 16.83% in FY2021 (+1.54 pp).
- Quarterly Return on Capital Employed [ROCE] has run from a low of 8.20% in Q1 2024 to a high of 19.36% in Q1 2025 over five years.
- On a year-over-year basis, Return on Capital Employed [ROCE] has declined in each of the last three quarters, with an average year-over-year change of +2.60 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Capital Employed [ROCE] in the past five years was Q1 2025, with a gain of 11.16 percentage points; the weakest was Q1 2024, with a drop of 9.49 percentage points.
- According to Business Quant data, Return on Capital Employed [ROCE] for the three prior quarters was 15.97% (Q1 2026), 16.63% (Q4 2025) and 16.10% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 274.19 Bn | 245.49 Bn | 7.35 Bn | 22.25% |
| 2 | Amphenol | 198.54 Bn | 193.24 Bn | 4.02 Bn | 25.53% |
| 3 | Deere | 186.04 Bn | 154.13 Bn | 4.66 Bn | - |
| 4 | Eaton | 139.66 Bn | 136.59 Bn | 3.11 Bn | 12.64% |
| 5 | Parker-Hannifin | 120.67 Bn | 118.56 Bn | 2.26 Bn | 17.64% |
| 6 | 3M | 97.83 Bn | 79.27 Bn | 2.78 Bn | 18.67% |
| 7 | Emerson Electric | 94.87 Bn | 87.61 Bn | 2.66 Bn | 14.90% |
| 8 | Illinois Tool Works | 81.52 Bn | 78.19 Bn | 1.91 Bn | 38.87% |
| 9 | Vertiv Holdings | 76.99 Bn | 65.83 Bn | 1.64 Bn | 31.72% |
| 10 | Cummins | 64.10 Bn | 59.92 Bn | 2.62 Bn | 17.96% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 17.96% |
| Jun 30, 2026 | 15.98% |
| 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% |
API Access
Cummins Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=CMI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=CMI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();