On 12 Nov 2026 Cummins closed at $455.40, -9.9% this year; market cap $62.89bn, P/E 18.9.
Industrials · Construction Machinery & Heavy Transportation Equipment · NYSE · United States
Cummins Inc. offers various power solutions worldwide. The company operates through five segments: Engine, Distribution, Components, Power Systems, and Accelera. It offers diesel and natural gas-powered engines; and drivetrain systems, including axles, drivelines, brakes, and suspension systems; and on- and off-highway, and other products. The company also provides aftertreatment technology and solutions comprising custom engineering systems and integrated controls, oxidation catalysts, particulate filters, and selective catalytic reduction systems, as well as engineered components, including dosers; turbochargers, fuel systems, and valvetrain technologies; electronic control modules, sensors, and supporting software; and automated manual transmissions, and automatic transmissions for internal combustion engines. In addition, it sells and offers support services power generation systems, high-horsepower engines, and heavy-duty and medium-duty engines; offers application engineering services, custom-designed assemblies, and in-shop and field-based repair services; and retail and wholesale aftermarket parts. Further, the company offers standby and prime power generators, controls, paralleling systems, and transfer switches; turnkey solutions for distributed generation and energy management applications using natural gas, diesel, battery energy storage systems, and newer alternative sustainable fuels; diesel and natural gas high-speed, high-horsepower engines; and A/C generator/alternator products. Additionally, it provides electrified power systems, including batteries, fuel cells, and electric powertrain technologies. It sells its products to original equipment manufacturers, distributors, dealers, and other customers. The company was formerly known as Cummins Engine Company and changed its name to Cummins Inc. in 2001. Cummins Inc. was founded in 1919 and is headquartered in Columbus, Indiana.
| Market cap | $62.89bn |
| P/E (trailing) | 18.9 |
| EPS (TTM) | $24.03 |
| Beta | 1.24 |
| Dividend | $8.80 |
| Dividend yield | 1.93% |
| Ex-dividend date | 20 Nov 2026 |
| Latest report | 5 Nov 2026 |
| Next earnings | 4 Feb 2027 |
| YTD | -9.9% |
| 1Y | -3.6% |
| 3Y | +30.6% |
| 5Y | +16.7% |
| Year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| 2025 | $33.67bn | $2.84bn | $2.39bn |
| 2024 | $34.10bn | $3.95bn | $279.00m |
| 2023 | $34.06bn | $735.00m | $2.75bn |
| 2022 | $28.07bn | $2.15bn | $1.05bn |
| 2021 | $24.02bn | $2.13bn | $1.47bn |
We publish no single base value for Cummins. Our valuation methods put it between $310.05 and $446.69 a share. The valuation code's reason: no point fair value: the two anchors behind it compound the same growth rate and differ only in how they end — a perpetuity at the terminal rate against a multiple on the final year — so the midpoint between them measures terminal treatment rather than what the business is worth. The published range is the same reading with the false precision removed: read it as the span the method supports, and treat neither edge as a point estimate. See every method
Call and put prices: our price for each next to the market's.
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Data as of 12 Nov 2026. Not investment advice.