Market cap
$81,668 Mln
Revenue (TTM)
$34,708 Mln
P/E Ratio
31.1
P/B Ratio
6.5
Div. Yield
1.3 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 12.61 | 9.42 | 2.93 | 2.54 | 8.44 |
| EBIT | 33.45 | -9.68 | -11.96 | 1.43 | 5.21 |
| Net Profit | 42.68 | 5.16 | -7.56 | 1.54 | -3.66 |
| EPS | 42.71 | 4.57 | -7.98 | 3.11 | 5.63 |
| Book Value | -- | -- | 19.71 | 12.10 | 10.47 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-25 | Dec-24 |
| EBIT-Margin
| 11.13 | 11.21 | 11.12 | 12.75 | 15.46 |
| Net Margin
| -- | 8.23 | 7.82 | -- | -- |
| Return on equity
| 24.89 | 25.02 | 20.66 | 25.14 | 41.27 |
| Return on Capital
| 14.17 | 14.64 | -- | 14.83 | 23.26 |
| Return on Assets
| 7.82 | 8.12 | 5.98 | 8.68 | 12.42 |
| Debt to Equity (x)
| -- | -- | 0.52 | 0.66 | 0.74 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Cummins (CMI)
|
--
|
14.83
|
23.26
|
4.40
|
14.14
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
20.66
Higher than Peers by 8.19
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Cummins (CMI)
|
20.66
|
25.14
|
41.27
|
8.25
|
24.65
|
|
Peer Median
|
12.47
|
--
|
--
|
--
|
--
|
ROA
5.98
Higher than Peers by 1.69
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Cummins (CMI)
|
5.98
|
8.68
|
12.42
|
2.36
|
7.97
|
|
Peer Median
|
4.29
|
--
|
--
|
--
|
--
|
EBIT Margin
11.12
Higher than Peers by 2.72
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Cummins (CMI)
|
11.12
|
12.75
|
15.46
|
5.17
|
10.75
|
|
Peer Median
|
8.39
|
--
|
--
|
--
|
--
|
Net Margin
7.82
Higher than Peers by 2.09
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Cummins (CMI)
|
7.82
|
8.44
|
11.57
|
2.16
|
7.64
|
|
Peer Median
|
5.73
|
--
|
--
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Cummins (CMI)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
2.93
Higher than Peers by 0.08
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Cummins (CMI)
|
2.93
|
-0.01
|
0.00
|
0.21
|
0.17
|
|
Peer Median
|
2.85
|
--
|
--
|
--
|
--
|
EBIT Growth
-11.96
Lower than Peers by 10.39
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Cummins (CMI)
|
-11.96
|
-18.60
|
199.43
|
-41.65
|
5.45
|
|
Peer Median
|
-1.57
|
--
|
--
|
--
|
--
|
Net Profit Growth
-7.56
Lower than Peers by 5.44
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Cummins (CMI)
|
-7.56
|
-27.95
|
436.87
|
-65.83
|
0.94
|
|
Peer Median
|
-2.12
|
--
|
--
|
--
|
--
|
EPS Growth
-7.98
Lower than Peers by 4.50
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Cummins (CMI)
|
-7.98
|
-0.28
|
4.50
|
-0.66
|
0.01
|
|
Peer Median
|
-3.49
|
--
|
--
|
--
|
--
|
Book Value Growth
8.82
Higher than Peers by 2.56
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Cummins (CMI)
|
8.82
|
--
|
--
|
--
|
--
|
|
Peer Median
|
6.26
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.52
Lower than Peers by 0.00
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Cummins (CMI)
|
0.52
|
0.66
|
0.74
|
0.81
|
0.93
|
|
Peer Median
|
0.52
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
0.09
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Cummins (CMI)
|
0.09
|
0.07
|
0.23
|
0.23
|
0.39
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.73
Lower than Peers by 0.15
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Cummins (CMI)
|
1.73
|
1.76
|
1.31
|
1.18
|
1.27
|
|
Peer Median
|
1.88
|
--
|
--
|
--
|
--
|
Quick Ratio
1.13
Lower than Peers by 0.04
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Cummins (CMI)
|
1.13
|
1.16
|
0.80
|
0.74
|
0.77
|
|
Peer Median
|
1.17
|
--
|
--
|
--
|
--
|
Interest Coverage
12.99
Higher than Peers by 4.99
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Cummins (CMI)
|
12.99
|
13.05
|
14.25
|
4.70
|
15.17
|
|
Peer Median
|
8.00
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
18.97
Higher than Peers by 1.38
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Cummins (CMI)
|
18.97
|
17.28
|
15.19
|
16.39
|
18.53
|
|
Peer Median
|
17.60
|
--
|
--
|
--
|
--
|
Asset Turnover
0.76
Lower than Peers by 0.09
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Cummins (CMI)
|
0.76
|
1.03
|
1.07
|
1.09
|
1.04
|
|
Peer Median
|
0.85
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Cummins (CMI)
|
--
|
59.66
|
57.64
|
57.82
|
59.80
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Cummins (CMI)
|
--
|
83.96
|
81.26
|
79.80
|
85.16
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Cummins (CMI)
|
--
|
56.27
|
58.43
|
60.21
|
62.20
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Cummins (CMI)
|
--
|
87.34
|
80.47
|
77.40
|
82.76
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
31.06
Higher than Peers by 11.40
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Cummins (CMI)
|
31.06
|
24.96
|
12.23
|
46.25
|
16.03
|
|
Peer Median
|
19.66
|
--
|
--
|
--
|
--
|
Price / Book Value
6.52
Higher than Peers by 4.69
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Cummins (CMI)
|
6.52
|
5.75
|
4.70
|
3.84
|
3.84
|
|
Peer Median
|
1.83
|
--
|
--
|
--
|
--
|
Dividend Yield
1.31
Higher than Peers by 0.02
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Cummins (CMI)
|
1.31
|
--
|
--
|
--
|
--
|
|
Peer Median
|
1.29
|
--
|
--
|
--
|
--
|
EV/EBITDA
16.66
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Cummins (CMI)
|
16.66
|
13.98
|
8.45
|
21.84
|
10.59
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
81,668
Higher than Peers by 81,284
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Cummins (CMI)
|
81,668
|
--
|
--
|
--
|
--
|
|
Peer Median
|
384
|
--
|
--
|
--
|
--
|