
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
Upturn AI SWOT
- About


Cummins Inc (CMI)



- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)


(see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
08/28/2025: CMI (3-star) is a STRONG-BUY. BUY since 74 days. Profits (22.06%). Updated daily EoD!
1 Year Target Price $410.06
1 Year Target Price $410.06
5 | Strong Buy |
3 | Buy |
15 | Hold |
0 | Sell |
1 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 63.22% | Avg. Invested days 66 | Today’s Advisory Strong Buy |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
![]() ![]() | ![]() ![]() |
Key Highlights
Company Size Large-Cap Stock | Market Capitalization 55.38B USD | Price to earnings Ratio 18.83 | 1Y Target Price 410.06 |
Price to earnings Ratio 18.83 | 1Y Target Price 410.06 | ||
Volume (30-day avg) 24 | Beta 1.01 | 52 Weeks Range 257.24 - 406.31 | Updated Date 08/29/2025 |
52 Weeks Range 257.24 - 406.31 | Updated Date 08/29/2025 | ||
Dividends yield (FY) 1.81% | Basic EPS (TTM) 21.34 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date 2025-07-30 | When Before Market | Estimate 5.27 | Actual 6.43 |
Profitability
Profit Margin 8.72% | Operating Margin (TTM) 13.02% |
Management Effectiveness
Return on Assets (TTM) 7.89% | Return on Equity (TTM) 26.15% |
Valuation
Trailing PE 18.83 | Forward PE 18.38 | Enterprise Value 60988964392 | Price to Sales(TTM) 1.64 |
Enterprise Value 60988964392 | Price to Sales(TTM) 1.64 | ||
Enterprise Value to Revenue 1.81 | Enterprise Value to EBITDA 11.15 | Shares Outstanding 137786000 | Shares Floating 137007547 |
Shares Outstanding 137786000 | Shares Floating 137007547 | ||
Percent Insiders 0.33 | Percent Institutions 86.81 |
Upturn AI SWOT
Cummins Inc

Company Overview
History and Background
Cummins Inc. was founded in 1919 by Clessie Cummins and William G. Irwin. Initially focused on developing diesel engines, the company has grown into a global power leader, innovating across a broad portfolio of power solutions.
Core Business Areas
- Engine Segment: Designs and manufactures diesel, natural gas, electric and hybrid powertrains and powertrain-related components and subsystems.
- Distribution Segment: Distributes engines, power generation products, parts, and service through a global network.
- Power Systems Segment: Supplies power generation systems, components and services, including high-horsepower engines and generators.
- Accelera by Cummins: Develops zero-emissions technologies, including hydrogen fuel cells and electrolyzers.
Leadership and Structure
Jennifer Rumsey is the Chair and CEO. The company operates with a segment-based structure, with corporate functions providing centralized support.
Top Products and Market Share
Key Offerings
- Diesel Engines: Cummins produces a wide range of diesel engines for various applications, including on-highway trucks, construction equipment, and marine vessels. Their market share varies by engine size and application but is generally considered a market leader in medium and heavy-duty diesel engines. Competitors include Caterpillar (CAT), Volvo (VOLVY), and Daimler Truck (DTG.DE).
- Power Generation Systems: Cummins provides generators and power systems for commercial, industrial, and residential use. They have a significant market share in standby and prime power generation. Competitors include Generac (GNRC), Kohler, and Caterpillar (CAT).
- Filtration Products: Cummins Filtration, under the Fleetguard brand, provides filtration products for engines and industrial applications. Competitors include Parker Hannifin (PH), Donaldson Company (DCI), and Mann+Hummel.
Market Dynamics
Industry Overview
The engine and power generation industry is currently undergoing a significant shift towards electrification and alternative fuels, driven by environmental concerns and regulatory changes. There is high demand in segments such as data centers, construction and power grids.
Positioning
Cummins is positioned as a global leader in diesel and natural gas engines and is actively investing in electric and hydrogen technologies to maintain its leadership in the evolving power solutions market. It has high brand recognition and established distribution network. They are well placed to transition to greener fuels.
Total Addressable Market (TAM)
The TAM for power solutions (including traditional and alternative) is estimated to be hundreds of billions of USD annually. Cummins is well positioned to capture significant market share as the industry transitions to cleaner energy.
Upturn SWOT Analysis
Strengths
- Strong brand recognition
- Global distribution network
- Diversified product portfolio
- Innovation in both traditional and alternative power solutions
- Strong financial performance
Weaknesses
- Reliance on diesel engine market
- Capital intensive manufacturing
- Exposure to cyclical industries
- Complexity of transitioning to new technologies
Opportunities
- Growth in electric and hydrogen power solutions
- Expansion into emerging markets
- Increased demand for power generation in data centers
- Government incentives for clean energy technologies
- Acquisitions of new technology companies.
Threats
- Stringent emission regulations
- Competition from new entrants in electric power
- Fluctuations in commodity prices
- Economic downturns
- Supply chain disruptions
Competitors and Market Share
Key Competitors
- CAT
- GNRC
- DE
Competitive Landscape
Cummins competes with a mix of established players and new entrants. Its strengths lie in its brand recognition, global distribution network, and diversified product portfolio. However, it faces challenges from competitors investing heavily in electric power and from new entrants with innovative technologies.
Major Acquisitions
Meritor
- Year: 2022
- Acquisition Price (USD millions): 3700
- Strategic Rationale: The acquisition of Meritor accelerates Cumminsu2019 efforts to offer decarbonized powertrain solutions. Meritor brought expertise in axle and brake technology.
Growth Trajectory and Initiatives
Historical Growth: Cummins has experienced steady growth in revenue and earnings over the past decade, driven by expansion into new markets and product innovation.
Future Projections: Analysts project continued growth for Cummins, fueled by the demand for both traditional and alternative power solutions.
Recent Initiatives: Recent strategic initiatives include investments in electric and hydrogen technologies, acquisitions of companies in related industries, and partnerships to expand its global reach.
Summary
Cummins Inc. is a well-established company with a long history in the engine and power generation industries. Its strong brand recognition, global distribution network, and diversified product portfolio provide a solid foundation for continued growth. However, the company faces challenges from the transition to electric power and increasing competition. Cummins' success will depend on its ability to innovate and adapt to the changing market landscape.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Cummins Inc. Investor Relations
- Company financial reports (10-K, 10-Q)
- Industry reports
- Analyst estimates
Disclaimers:
This analysis is based on publicly available information and is for informational purposes only. It should not be construed as financial advice. Market share estimates are approximate and may vary depending on the source.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Cummins Inc
Exchange NYSE | Headquaters Columbus, IN, United States | ||
IPO Launch date 1984-12-18 | CEO & Chairman of the Board Ms. Jennifer W. Rumsey | ||
Sector Industrials | Industry Specialty Industrial Machinery | Full time employees 69600 | Website https://www.cummins.com |
Full time employees 69600 | Website https://www.cummins.com |
Cummins Inc. offers various power solutions worldwide. It operates through five segments: Engine, Distribution, Components, Power Systems, and Accelera. The company offers diesel and natural gas-powered engines; and drivetrain systems, including axles, drivelines, brakes, and suspension systems; truck, trailer, on- and off-highway, and other products. It 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, dual-clutch transmissions, and automatic transmissions for internal combustion engines. In addition, the company 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 inshop and field-based repair services; and retails and wholesales aftermarket parts. Further, it 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, and newer alternative sustainable fuels; diesel and natural gas high-speed, high-horsepower engines; and A/C generator/alternator products. Additionally, the company provides electrified power systems, including batteries, fuel cells, and electric powertrain technologies, as well as hydrogen production 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.

Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.