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Cummins CMI · USD

Industrials · Machinery · US listing · 🇺🇸 United States

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466.47

+3.64%

Close of 9 Nov 2026, in USD

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About Cummins

From its filings with the US Securities and Exchange Commission

SEC filings

Cummins is based in Columbus, Indiana and is incorporated in Indiana. Its shares trade on NYSE under the ticker CMI. It is a member of the S&P 500. The SEC classifies its business as engines & turbines. In the fiscal year to 31 December 2025, it reported revenue of $33.67bn and net income of $2.96bn. At that date it held total assets of $33.99bn and shareholders' equity of $12.35bn. By business, On-highway (EBU market) brought in 20.9% of revenue, followed by Power Generation (DBU product line) at 14.6% and Parts (DBU product line) at 12.1%.

In its own words

We were founded in 1919 as Cummins Engine Company, a corporation in Columbus, Indiana, and one of the first diesel engine manufacturers. In 2001, we changed our name to Cummins Inc. We are a global power leader committed to powering a more prosperous world. Since 1919, we have delivered innovative solutions that move people, goods and economies forward. Our five reportable segments - Engine, Components, Distribution, Power Systems and Accelera - offer a broad portfolio, including advanced diesel, electric and hybrid powertrains; integrated power generation systems; critical components such as aftertreatment, turbochargers, fuel systems, controls, transmissions, axles and brakes; and zero emissions technologies like battery and electric powertrain systems. With a global footprint, deep technical expertise and an extensive service network, we deliver dependable, cutting-edge solutions tailored to our customers' needs, supporting them through the energy transition with our Destination Zero strategy. We sell our products to original equipment manufacturers (OEMs), distributors, dealers and other customers worldwide. We serve our customers through a service network of approximately 640 wholly-owned, joint venture and independent distributor locations and more than 13,000 Cummins certified dealer locations in approximately 190 countries and territories.

Quoted from its 10-K, filed 10 Feb 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Industrials
Industry
Machinery
Listed since
10 Sept 1964
Employees
67,400
Website
cummins.com ↗
Head office
500 JACKSON ST, COLUMBUS, IN, 47202-3005
Incorporated in
IN
Classification
Engines & Turbines
Filer status
Large accelerated filer

Leadership

Pay as last reported

  • Ms. Jennifer RumseyChairman of the Board, President, Chief Executive Officer, since 2015$21.9m
  • Mr. Mark SmithChief Financial Officer, Vice President$9.0m
  • Mr. Marvin BoakyeVice President, Chief Human Resources Officer$3.8m
  • Ms. Bonnie FetchExecutive Vice President and President - Operations
  • Mr. Srikanth PadmanabhanExecutive Vice President, President - Operations$8.4m
  • Mr. Jonathan WoodVice President, Chief Technical Offer
  • Ms. Nicole Lamb-HaleChief Administrative Officer, Corporate Secretary
  • Ms. Jennifer BushVice President, President - Power Systems$6.2m
  • Ms. Amy DavisVice President, President - Accelera and Components$8.0m
  • Mr. John GaidooVice President, Chief Legal Officer
  • Mr. Brett MerrittVice President and President - Engine Business
  • Mr. Nathan StonerVice President - China ABO

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
63
Environment
49
Social
62
Governance
78
Direct emissions (scope 1)
347,439 t
Energy emissions (scope 2)
530,585 t
Value chain emissions (scope 3)
1,076,564,300 t
Women in the workforce
26.92%
Carbon reduction policy
Yes
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Cummins Inc, a global power leader, possesses several strengths that contribute to its success. Firstly, Cummins has a strong brand reputation built over a century of experience in the industry. This reputation allows the company to command customer trust and loyalty, leading to recurring business opportunities.
  • Secondly, Cummins benefits from a diverse product portfolio, offering a wide range of engines, power systems, and related technologies. This diversity enables the company to serve various industries and adapt to changing market demands, reducing its dependence on any single market or product.
  • Furthermore, Cummins has established a robust global presence with a widespread distribution and service network. This expansive reach ensures efficient delivery of products and timely customer support, fostering strong customer relationships and market penetration.

Weaknesses

  • Despite its strengths, Cummins faces certain weaknesses that need to be addressed. Firstly, the company is exposed to the cyclical nature of the industries it operates in, such as automotive and construction. During economic downturns, demand for Cummins' products may decline, affecting its financial performance.
  • Secondly, Cummins heavily relies on external suppliers for key components of its products. This dependency on external sources poses risks related to quality control, supply chain disruptions, and price fluctuations, which can impact Cummins' production and profitability.
  • Lastly, Cummins faces intense competition in the global market. Competitors may introduce similar products, technological advancements, or pricing strategies that can erode Cummins' market share and profit margins.

Opportunities

  • Cummins has several opportunities that can fuel its growth and expansion. Firstly, the increasing global focus on renewable energy and sustainability presents opportunities for the company to develop and market innovative and efficient engines and power systems that reduce emissions and environmental impact.
  • Secondly, Cummins can capitalize on the growing demand for electrification by investing in electric and hybrid technologies. By leveraging its expertise and engineering capabilities, the company can develop competitive offerings and gain a foothold in the emerging electric vehicle market.
  • Additionally, Cummins can explore strategic partnerships and collaborations to enhance its product offerings, expand into new markets, and leverage shared resources and expertise. Such alliances can provide access to complementary technologies and customer bases, facilitating accelerated growth.

Threats

  • Cummins faces various threats that require careful monitoring and mitigation. Firstly, stringent government regulations related to emissions and environmental standards pose compliance challenges and may require substantial investments in research and development to meet evolving requirements.
  • Secondly, geopolitical uncertainties, trade barriers, and fluctuating exchange rates can disrupt Cummins' international operations and hinder its ability to access global markets. This can impact the company's revenue, profitability, and supply chain stability.
  • Lastly, rapid advancements in technology pose a threat as competitors or new market entrants may introduce disruptive products or solutions that outperform Cummins' offerings. Staying at the forefront of technological innovation is crucial to maintain competitiveness and ensure long-term success.

Sources and methodology

Data on this tab
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