Cummins (CMI) Return on Equity [ROE] (2009 - 2026)
Cummins' Return on Equity [ROE] came in at 20.73% for Q2 2026, down 3.95 percentage points from 24.68% a year earlier and down 0.09 percentage points from the prior quarter.
Cummins (CMI) Return on Equity [ROE] (2009 - 2026) Analysis & Trends
For FY2025, Cummins' Return on Equity [ROE] was 23.93%, down 14.43 percentage points from FY2024.
- Return on Equity [ROE] carries a five-year change of +2.76 percentage points (FY2020 to FY2025).
- Going back by year, Return on Equity [ROE] was 38.36% in FY2024 (+29.90 pp), 8.45% in FY2023 (-14.52 pp), 22.98% in FY2022 (-1.42 pp) and 24.39% in FY2021 (+3.23 pp).
- The Q2 2026 figure represents the lowest quarterly Return on Equity [ROE] since Q3 2024.
- Year-over-year, Return on Equity [ROE] has declined for three consecutive quarters, with an average year-over-year change of +1.48 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Equity [ROE] over five years came in Q4 2024 (a gain of 28.14 percentage points), and the weakest in Q4 2023 (a drop of 14.81 percentage points).
- Business Quant data shows CMI's Return on Equity [ROE] at 20.81% (Q1 2026), 22.31% (Q4 2025) and 21.42% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 274.19 Bn | 245.49 Bn | 7.35 Bn | 57.87% |
| 2 | Amphenol | 198.54 Bn | 193.24 Bn | 4.02 Bn | 36.42% |
| 3 | Deere | 186.04 Bn | 154.13 Bn | 4.66 Bn | 17.59% |
| 4 | Eaton | 139.66 Bn | 136.59 Bn | 3.11 Bn | 18.89% |
| 5 | Parker-Hannifin | 120.67 Bn | 118.56 Bn | 2.26 Bn | 23.66% |
| 6 | 3M | 97.83 Bn | 79.27 Bn | 2.78 Bn | 101.25% |
| 7 | Emerson Electric | 94.87 Bn | 87.61 Bn | 2.66 Bn | 12.67% |
| 8 | Illinois Tool Works | 81.52 Bn | 78.19 Bn | 1.91 Bn | 106.94% |
| 9 | Vertiv Holdings | 76.99 Bn | 65.83 Bn | 1.64 Bn | 40.90% |
| 10 | Cummins | 64.10 Bn | 59.92 Bn | 2.62 Bn | 24.33% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 24.33% |
| Jun 30, 2026 | 20.73% |
| Mar 31, 2026 | 20.81% |
| Dec 31, 2025 | 22.31% |
| Sep 30, 2025 | 21.42% |
| Jun 30, 2025 | 24.68% |
| Mar 31, 2025 | 24.83% |
| Dec 31, 2024 | 35.92% |
| Sep 30, 2024 | 20.35% |
| Jun 30, 2024 | 20.09% |
| Mar 31, 2024 | 20.61% |
| Dec 31, 2023 | 7.78% |
| Sep 30, 2023 | 24.98% |
| Jun 30, 2023 | 23.63% |
| Mar 31, 2023 | 24.93% |
| Dec 31, 2022 | 22.59% |
| Sep 30, 2022 | 20.64% |
| Jun 30, 2022 | 22.51% |
| Mar 31, 2022 | 21.95% |
| Dec 31, 2021 | 24.40% |
Cummins Return on Equity [ROE] 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-equity-%5Broe%5D&ticker=CMI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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-equity-%5Broe%5D&ticker=CMI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();