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NYSE · US · Specialty Industrial Machinery

CMI Cummins

Gensets and engines for backup and prime power

Tight but sold off Its supply chain is tightening but the stock is below its 50-day average — price and fundamentals disagree. (automatic: supply-chain trend + price vs 50-day average)
Last close (delayed) · 2026-10-26
$523.8
+1.24% today
1W
+0.3%
1M
−0.2%
3M
−18.1%
YTD
+3.7%
1Y
+26.1%
Off 52w high
−27.7%
Next earnings (est.): 2026-11-05
Market cap$71.23B
P/E (trailing)26.4Forward 14.9
EV / sales2.2×EV/EBITDA 15.3×
Revenue (TTM)$34.71BGrowth 9.4% y/y
Margins25.8%gross · op 11.9%
Free cash flow$2.23BCash $3.92B · debt $8.29B
Analyst target$716.7+36.8% upside · 19 analysts · buy
Riskβ 1.24Short 3.5% of float · yield 1.69%

Fundamentals from public market data, refreshed daily (2026-10-24 02:59 UTC). Figures in reporting currency.

CMI · price with what management and the data said

Supply tighteningBeat / raiseMiss / cutData releaseEasing Hover a numbered marker for details · dashed lines = 50- and 200-day averages

Timeline: management commentary, data & earnings

8 events
  1. 8
    2026-08-04EarningsMiss / cut

    Reported EPS 6.73 vs 7.17 expected (-6.1% surprise).

  2. 7
    2026-05-05EarningsBeat / raise

    Reported EPS 6.15 vs 5.65 expected (+8.8% surprise).

  3. 6
    2026-02-05EarningsBeat / raise

    Reported EPS 5.81 vs 5.08 expected (+14.3% surprise).

  4. 5
    2025-11-06EarningsMiss / cut

    Reported EPS 3.86 vs 4.77 expected (-19.0% surprise).

  5. 4
    2025-08-05EarningsBeat / raise

    Reported EPS 6.43 vs 5.21 expected (+23.5% surprise).

  6. 3
    2025-05-05EarningsBeat / raise

    Reported EPS 5.96 vs 4.92 expected (+21.0% surprise).

  7. 2
    2025-02-04EarningsMiss / cut

    Reported EPS 4.54 vs 4.69 expected (-3.3% surprise).

  8. 1
    2024-11-05EarningsBeat / raise

    Reported EPS 5.86 vs 4.81 expected (+21.9% surprise).

Latest headlines

Auto-updated daily

Earnings history

EPS vs expectations
DateExpected EPSReported EPSSurprise
2026-08-047.176.73−6.1%
2026-05-055.656.15+8.8%
2026-02-055.085.81+14.3%
2025-11-064.773.86−19.0%
2025-08-055.216.43+23.5%
2025-05-054.925.96+21.0%
2025-02-044.694.54−3.3%
2024-11-054.815.86+21.9%
2024-08-014.765.26+10.4%
2024-05-024.965.1+2.7%
2024-02-064.474.14−7.3%
2023-11-024.684.74+1.1%
2023-08-035.225.18−0.8%
2023-05-024.715.65+20.0%
2023-02-064.524.51−0.1%
2022-11-034.823.44−28.6%
2022-08-024.344.77+9.9%
2022-05-033.554.04+13.7%
2022-02-033.142.73−13.0%
2021-11-023.933.69−6.0%
2021-08-034.054.1+1.2%
2021-05-043.474.07+17.4%
2021-02-042.83.36+20.2%
2020-10-272.453.36+36.9%

About Cummins

Website ↗

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,…

67,400 employees · Columbus, United States

When the grid can't deliver in time, campuses build their own: recip engines, fuel cells and aeroderivatives as a bridge — at higher cost per MWh.

Gas→Recip / fuel cell→Microgrid→Campus

What would prove us wrong. Weakens if interconnection speeds up enough that onsite power loses its time-to-power premium.

Peers at the same bottleneck

Who else supplies this

StockRoleLast1D1MYTDTrend
BE
Bloom Energy
Fuel cells for onsite data-centre power $208.2+7.72%−27.9%+139.6%
GNRC
Generac
Large gensets for data centres $191.6+2.48%−8.0%+40.5%
WRT1V.HE
Wärtsilä
Recip engine power plants €28.76+5.62%−1.2%−2.1%
CAT
Caterpillar
Recip gensets and Solar Turbines for onsite power $695.6+1.25%−15.3%+22.2%

Not investment advice. Prices delayed and in local currency. Quotes in "double quotes" are verbatim as reported by the linked source; other commentary is our paraphrase. Earnings dates are estimates.