To the full analysis
Cummins stock: growth
CMICummins reported $33.67B in revenue for fiscal 2025, down 1.3% on the prior year, up 11.2% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
5.9%
per year from 2006 to 2025, per share 7.7%
Earnings (Annual rate)
7.5%
per year from 2006 to 2025, per share 9.4%
Free cash flow (Annual rate)
8.1%
per year from 2006 to 2025, per share 10%
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2006 | |
|---|---|---|---|
| Revenue | 11.2% | 5.8% | 5.9% |
| Revenue per share | 12.8% | 8.6% | 7.7% |
| Earnings | 9.7% | 7.3% | 7.5% |
| Earnings per share | 11.3% | 10.1% | 9.4% |
| Free cash flow | 2.1% | 6.6% | 8.1% |
| Free cash flow per share | 3.6% | 9.3% | 10.0% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2006 | $11.36B | $715M | $539M |
| 2007 | $13.05B | $739M | $390M |
| 2008 | $14.34B | $755M | $362M |
| 2009 | $10.8B | $428M | $792M |
| 2010 | $13.23B | $1.04B | $599M |
| 2011 | $18.05B | $1.85B | $1.39B |
| 2012 | $17.33B | $1.65B | $755M |
| 2013 | $17.3B | $1.48B | $1.35B |
| 2014 | $19.22B | $1.65B | $1.47B |
| 2015 | $19.11B | $1.4B | $1.26B |
| 2016 | $17.51B | $1.39B | $1.34B |
| 2017 | $20.43B | $999M | $1.69B |
| 2018 | $23.77B | $2.14B | $1.59B |
| 2019 | $23.57B | $2.26B | $2.41B |
| 2020 | $19.81B | $1.79B | $2.15B |
| 2021 | $24.02B | $2.13B | $1.47B |
| 2022 | $28.07B | $2.15B | $1.05B |
| 2023 | $34.07B | $735M | $2.75B |
| 2024 | $34.1B | $3.95B | $279M |
| 2025 | $33.67B | $2.84B | $2.39B |
Revenue by region
Where Cummins Inc. generates its revenue.
- United States$19.0B56%
- Outside the US$9.7B29%
- Other$5.0B15%
“Other” combines smaller regions with revenue the company does not assign to a region. The company split earlier years differently. A history would not be comparable, so only 2025 is shown.
Figures as a table
| 2025 | Share 2025 | |
|---|---|---|
| United States | $18.97B | 56.4% |
| Outside the US | $9.68B | 28.7% |
| Other | $5.02B | 14.9% |
| Total revenue | $33.67B | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 30 Oct 2026)
- Valuation signal Undervalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.