About Cummins Inc.
Cummins Inc. (CMI) has been publicly traded since 1973, making it a 53-year-old public company. It operates in the Specialty Industrial Machinery industry within the Industrials sector. The company is headquartered in Columbus, United States and employs approximately 67,400 people. With a market capitalization of $74 billion, CMI is a large established company.
Key Statistics
- Current Price
- $537.54
- Market Cap
- $74.27B
- 52-Week High
- $617.98
- 52-Week Low
- $260.02
- Sector
- Industrials
- Industry
- Specialty Industrial Machinery
$1,000 Invested
Monthly Returns Heatmap
Annual Returns
| Year | Return | Start | End |
|---|---|---|---|
| 2026 | +5.66% | $508.74 | $537.54 |
| 2025 | +49.36% | $340.62 | $508.74 |
| 2024 | +48.92% | $228.72 | $340.62 |
| 2023 | +1.72% | $224.85 | $228.72 |
| 2022 | +14.09% | $197.09 | $224.85 |
| 2021 | -1.68% | $200.46 | $197.09 |
| 2020 | +30.50% | $153.60 | $200.46 |
| 2019 | +38.04% | $111.28 | $153.60 |
| 2018 | -22.06% | $142.78 | $111.28 |
| 2017 | +32.74% | $107.57 | $142.78 |
| 2016 | +60.68% | $66.95 | $107.57 |
| 2015 | -37.17% | $106.55 | $66.95 |
| 2014 | +4.28% | $102.18 | $106.55 |
| 2013 | +32.50% | $77.12 | $102.18 |
| 2012 | +25.22% | $61.59 | $77.12 |
| 2011 | -18.92% | $75.96 | $61.59 |
| 2010 | +142.69% | $31.30 | $75.96 |
| 2009 | +75.17% | $17.87 | $31.30 |
| 2008 | -57.39% | $41.93 | $17.87 |
| 2007 | +117.50% | $19.28 | $41.93 |
| 2006 | +33.24% | $14.47 | $19.28 |
| 2005 | +8.78% | $13.30 | $14.47 |
| 2004 | +74.63% | $7.62 | $13.30 |
| 2003 | +78.54% | $4.27 | $7.62 |
| 2002 | -24.47% | $5.65 | $4.27 |
| 2001 | +4.76% | $5.39 | $5.65 |
| 2000 | -18.64% | $6.63 | $5.39 |
| 1999 | +39.34% | $4.76 | $6.63 |
| 1998 | -38.45% | $7.73 | $4.76 |
| 1997 | +30.59% | $5.92 | $7.73 |
| 1996 | +27.29% | $4.65 | $5.92 |
| 1995 | -16.26% | $5.55 | $4.65 |
| 1994 | -14.59% | $6.50 | $5.55 |
| 1993 | +38.43% | $4.70 | $6.50 |
| 1992 | +44.21% | $3.26 | $4.70 |
| 1991 | +48.15% | $2.20 | $3.26 |
| 1990 | -22.66% | $2.84 | $2.20 |
| 1989 | -18.06% | $3.47 | $2.84 |
| 1988 | +42.10% | $2.44 | $3.47 |
| 1987 | -27.39% | $3.36 | $2.44 |
| 1986 | -3.62% | $3.49 | $3.36 |
| 1985 | -4.30% | $3.64 | $3.49 |
| 1984 | -3.57% | $3.78 | $3.64 |
| 1983 | +65.13% | $2.29 | $3.78 |
| 1982 | +37.32% | $1.67 | $2.29 |
| 1981 | +17.36% | $1.42 | $1.67 |
| 1980 | -2.42% | $1.46 | $1.42 |
| 1979 | -6.77% | $1.56 | $1.46 |
| 1978 | -12.79% | $1.79 | $1.56 |
| 1977 | -21.39% | $2.28 | $1.79 |
| 1976 | +148.72% | $0.92 | $2.28 |
| 1975 | +20.00% | $0.76 | $0.92 |
| 1974 | -48.21% | $1.47 | $0.76 |
Valuation
CMI currently trades at a trailing P/E ratio of 26.1, which is considered high relative to the broader market. The forward P/E of 17.0 suggests analysts expect earnings to be lower in the coming year. The price-to-book ratio stands at 6.0. The price-to-sales ratio is 2.2.
Dividends
Cummins Inc. pays a dividend to shareholders with a current yield of 1.46%. This translates to $7.82 per share annually. The payout ratio of 37% indicates sustainable dividend coverage.
Risk & Volatility
CMI has a beta of 1.13, indicating it is slightly more volatile than the overall market. The stock's 52-week range is $260.02 to $617.98, and it currently trades in the upper half of its 52-week range.
Analyst Ratings
Based on 19 analyst opinions, CMI has a consensus "buy" rating. The average price target of $619.92 suggests 15.7% upside from current levels.
Frequently Asked Questions
What does Cummins Inc. do? ▼
Cummins Inc. is a Specialty Industrial Machinery company operating in the Industrials sector. The company is headquartered in Columbus, United States.
What sector is CMI in? ▼
CMI operates in the Industrials sector, specifically in the Specialty Industrial Machinery industry.
When did CMI go public? ▼
Cummins Inc. went public in 1973, making it a 53-year-old public company as of 2026.
How much would $1,000 invested in CMI 5 years ago be worth today? ▼
A $1,000 investment in CMI five years ago would be worth approximately $2,271 today, representing a 127.1% return.
Does CMI pay dividends? ▼
Yes, Cummins Inc. pays a dividend with a current yield of 1.46%, which is $7.82 per share annually.
What is CMI's market cap? ▼
Cummins Inc. has a market capitalization of $74 billion, classifying it as a large-cap company.
What is CMI's P/E ratio? ▼
CMI has a trailing P/E ratio of 26.1 and a forward P/E of 17.0, which measures how much investors are paying per dollar of earnings.
Is CMI a buy, hold, or sell? ▼
Based on 19 opinions, CMI has a consensus "buy" rating. The average price target is $619.92.
Last updated: 3/14/2026