CMI
Cummins Inc
NYSE: CMI · INDUSTRIALS · SPECIALTY INDUSTRIAL MACHINERY
$638.95
-0.54% today
Updated 2026-04-29
Market cap
$88.34B
P/E ratio
31.15
P/S ratio
2.62x
EPS (TTM)
$20.51
Dividend yield
1.19%
52W range
$285 – $675
Volume
0.8M
Cummins Inc (CMI) Earnings
Quarterly earnings history, analyst estimates, and stock price reaction.
EPS beat streak
4 of 8
Last 8 quarters
Avg EPS surprise
+3.7%
Last 4 quarters
Revenue YoY growth
+1.1%
Most recent quarter
EPS YoY growth
-5.9%
Most recent quarter
Earnings surprise history (last 12 quarters)
Beat estimate Missed estimate
Quarterly EPS and revenue trend
Quarterly revenue EPS (diluted)
How the stock reacts to earnings
Avg 1-day reaction
+3.3%
Last 3 reports
Positive reaction rate
100%
3 of 3 quarters
Largest single-day move
+5.6%
2025-08-05
| Report date | EPS actual | Surprise | Close before | Close after | 1-day reaction |
|---|---|---|---|---|---|
| 2026-02-02 | $4.27 | -8.8% | $578.82 | $602.69 | +4.1% |
| 2025-11-04 | $3.86 | -20.9% | $437.71 | $439.18 | +0.3% |
| 2025-08-05 | $6.43 | +23.4% | $361.59 | $381.68 | +5.6% |
Quarterly earnings history
| Fiscal quarter ending | EPS estimate | EPS actual | Surprise | Revenue | YoY revenue |
|---|---|---|---|---|---|
| 2025-12-31 | $4.68 | $4.27 | -8.8% | $8.54B | +1.1% |
| 2025-09-30 | $4.88 | $3.86 | -20.9% | $8.32B | -1.6% |
| 2025-06-30 | $5.21 | $6.43 | +23.4% | $8.64B | -1.7% |
| 2025-03-31 | $4.92 | $5.96 | +21.1% | $8.17B | -2.7% |
| 2024-12-31 | $4.69 | $4.54 | -3.2% | $8.45B | -1.1% |
| 2024-09-30 | $4.81 | $5.86 | +21.8% | $8.46B | +0.3% |
| 2024-06-30 | $4.81 | $5.26 | +9.4% | $8.80B | +1.8% |
| 2024-03-31 | $5.13 | $5.10 | -0.6% | $8.40B | — |
| 2023-12-31 | $4.48 | $3.97 | -11.4% | $8.54B | — |
| 2023-09-30 | $4.68 | $4.59 | -1.9% | $8.43B | — |
| 2023-06-30 | $5.29 | $5.05 | -4.5% | $8.64B | — |
Analyst EPS and revenue estimates for upcoming years
| Period | EPS estimate | Revenue estimate | Revenue growth | Analysts | Confidence |
|---|---|---|---|---|---|
| 2026 (E) | $26.44 | $36.1B | +7.2% | 25 | high |
| 2027 (E) | $31.53 | $39.2B | +8.5% | 25 | high |
| 2028 (E) | $36.50 | $42.5B | +8.5% | 25 | medium |
| 2029 (E) | $41.75 | $46.2B | +8.6% | 25 | medium |
| 2030 (E) | $47.00 | $50.1B | +8.4% | 25 | medium |
Frequently asked questions
Has Cummins Inc beaten earnings estimates?
Cummins Inc has beaten Wall Street EPS estimates in 4 of its last 8 quarterly reports, with an average EPS surprise of +3.7% over the last 4 quarters.
How does CMI stock react to earnings?
CMI stock has moved an average of +3.3% in the trading day following earnings over its last 3 reports, with positive reactions in 100% of those quarters.
What is Cummins Inc's revenue growth rate?
Cummins Inc reported year-over-year revenue growth of +1.1% in its most recent quarter, with EPS growing -5.9% year-over-year.
What is the expected EPS for CMI in 2026?
Analysts expect Cummins Inc to report EPS of $26.44 for fiscal year 2026, on revenue of $36.1B, based on estimates from 25 analysts.