Cummins (CMI) Shares Outstanding (Diluted) (2009 - 2026)
Cummins (CMI) reported Shares Outstanding (Diluted) of 138.5 million for Q2 2026, unchanged from 138.5 million a year earlier and down 0.2% from the prior quarter.
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Analysis
Cummins (CMI) Shares Outstanding (Diluted) (2009 - 2026) Analysis & Trends
For FY2025, Cummins posted Shares Outstanding (Diluted) of 138.7 million, down 0.3% from FY2024.
- Shares Outstanding (Diluted) has a five-year compound annual growth rate of -1.4% (FY2020 to FY2025).
- By year, Shares Outstanding (Diluted) came in at 139.1 million in FY2024 (-2.5%), 142.7 million in FY2023 (+0.3%), 142.3 million in FY2022 (-2.5%) and 145.9 million in FY2021 (-2.1%).
- Five-year quarterly Shares Outstanding (Diluted) spans a low of 137.9 million in Q2 2024 and a high of 145.9 million in Q4 2021.
- Year over year, Shares Outstanding (Diluted) gained in three of the last eight quarters, with an average decline of 0.9%.
- The high point for year-over-year Shares Outstanding (Diluted) in five years was Q3 2023 (growth of 0.6%); the low point was Q1 2022 (a decline of 3.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 138.8 million (Q1 2026), 138.7 million (Q4 2025) and 138.8 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 253.27 Bn | 224.57 Bn | 7.35 Bn | 460.90 Mn |
| 2 | Deere | 178.91 Bn | 187.67 Bn | 4.66 Bn | 270.70 Mn |
| 3 | Amphenol | 176.82 Bn | 171.66 Bn | 4.02 Bn | 2.58 Bn |
| 4 | Eaton | 126.90 Bn | 123.88 Bn | 3.11 Bn | 389.60 Mn |
| 5 | Parker-Hannifin | 112.58 Bn | 110.57 Bn | 2.26 Bn | 127.80 Mn |
| 6 | 3M | 97.01 Bn | 79.42 Bn | 2.78 Bn | 522.60 Mn |
| 7 | Emerson Electric | 90.65 Bn | 83.40 Bn | 2.66 Bn | 561.10 Mn |
| 8 | Illinois Tool Works | 81.12 Bn | 77.79 Bn | 1.91 Bn | 285.30 Mn |
| 9 | Vertiv Holdings | 68.02 Bn | 56.87 Bn | 1.64 Bn | 392.68 Mn |
| 10 | Cummins | 61.39 Bn | 58.22 Bn | 2.62 Bn | 138.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 138.10 Mn |
| Jun 30, 2026 | 138.50 Mn |
| Mar 31, 2026 | 138.80 Mn |
| Dec 31, 2025 | 138.70 Mn |
| Sep 30, 2025 | 138.80 Mn |
| Jun 30, 2025 | 138.50 Mn |
| Mar 31, 2025 | 138.30 Mn |
| Dec 31, 2024 | 139.10 Mn |
| Sep 30, 2024 | 138.10 Mn |
| Jun 30, 2024 | 137.90 Mn |
| Mar 31, 2024 | 142.10 Mn |
| Dec 31, 2023 | 142.70 Mn |
| Sep 30, 2023 | 142.80 Mn |
| Jun 30, 2023 | 142.50 Mn |
| Mar 31, 2023 | 142.40 Mn |
| Dec 31, 2022 | 142.30 Mn |
| Sep 30, 2022 | 142.00 Mn |
| Jun 30, 2022 | 142.00 Mn |
| Mar 31, 2022 | 143.10 Mn |
| Dec 31, 2021 | 145.90 Mn |
API Access
Cummins Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=CMI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=CMI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();