Cummins › Financials
Cummins financials
CMITen years from Cummins’ own SEC filings. Fiscal years end in December.
Income statement
| Dec 2016fiscal year | Dec 2017fiscal year | Dec 2018fiscal year | Dec 2019fiscal year | Dec 2020fiscal year | Dec 2021fiscal year | Dec 2022fiscal year | Dec 2023fiscal year | Dec 2024fiscal year | Dec 2025fiscal year | Last 12 monthsto Jun 2026 | Latest quarterJun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $17.51B | $20.43B | $23.77B | $23.57B | $19.81B | $24.02B | $28.07B | $34.06B | $34.10B | $33.67B | — | — |
| Gross profit | $4.46B | $5.10B | $5.74B | $5.98B | $4.89B | $5.70B | $6.72B | $8.25B | $8.44B | $8.52B | $8.79B | — |
| Operating income | $1.88B | $2.33B | $2.79B | $2.70B | $2.27B | $2.71B | $2.93B | $1.76B | $3.75B | $4.03B | $3.89B | — |
| Net income | $1.39B | $999.0M | $2.14B | $2.26B | $1.79B | $2.13B | $2.15B | $735.0M | $3.95B | $2.84B | $2.71B | — |
| Earnings per share, diluted | $8.23 | $5.97 | $13.15 | $14.48 | $12.01 | $14.61 | $15.12 | $5.15 | $28.37 | $20.50 | — | — |
Balance sheet
| Dec 2016fiscal year | Dec 2017fiscal year | Dec 2018fiscal year | Dec 2019fiscal year | Dec 2020fiscal year | Dec 2021fiscal year | Dec 2022fiscal year | Dec 2023fiscal year | Dec 2024fiscal year | Dec 2025fiscal year | Last 12 monthsto Jun 2026 | Latest quarterJun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $1.12B | $1.37B | $1.30B | $1.13B | $3.40B | $2.59B | $2.10B | $2.18B | $1.67B | $2.85B | — | $3.18B |
| Total assets | $15.01B | $18.07B | $19.06B | $19.74B | $22.62B | $23.71B | $30.30B | $32.01B | $31.54B | $33.99B | — | $35.63B |
| Debt | $1.60B | $1.65B | $1.64B | $1.61B | $3.67B | $3.64B | $5.07B | $4.92B | $5.44B | $6.89B | — | $6.89B |
| Total liabilities | $7.84B | $9.91B | $10.80B | $11.27B | $13.63B | $14.31B | $20.07B | $22.10B | $20.23B | $20.58B | — | $21.72B |
| Shareholders' equity | $6.88B | $7.26B | $7.35B | $7.51B | $8.06B | $8.47B | $8.97B | $8.85B | $10.27B | $12.35B | — | $12.85B |
Cash flow
| Dec 2016fiscal year | Dec 2017fiscal year | Dec 2018fiscal year | Dec 2019fiscal year | Dec 2020fiscal year | Dec 2021fiscal year | Dec 2022fiscal year | Dec 2023fiscal year | Dec 2024fiscal year | Dec 2025fiscal year | Last 12 monthsto Jun 2026 | Latest quarterJun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.94B | $2.28B | $2.38B | $3.18B | $2.72B | $2.26B | $1.96B | $3.97B | $1.49B | $3.62B | $4.65B | — |
| Capital spending | $531.0M | $506.0M | $709.0M | $700.0M | $528.0M | $734.0M | $916.0M | $1.21B | $1.21B | $1.24B | $1.28B | — |
| Free cash flow | $1.41B | $1.77B | $1.67B | $2.48B | $2.19B | $1.52B | $1.05B | $2.75B | $279.0M | $2.39B | $3.37B | — |
| Buybacks | $778.0M | $451.0M | $1.14B | $1.27B | $641.0M | $1.40B | $374.0M | $0 | $0 | — | — | — |
| Dividends | $676.0M | $701.0M | $718.0M | $761.0M | $782.0M | $809.0M | $855.0M | $921.0M | $969.0M | $1.05B | $1.10B | — |
| Returned to shareholders | $1.45B | $1.15B | $1.86B | $2.03B | $1.42B | $2.21B | $1.23B | $921.0M | $969.0M | $1.05B | $1.10B | — |
| Stock-based pay | $1.0M | $2.0M | $1.0M | $48.0M | $30.0M | $36.0M | $33.0M | $79.0M | $100.0M | $93.0M | — | — |
Where these numbers come from
Every column links to the filing it comes from on EDGAR. Last 12 months adds the latest year to date to the last 10-K and takes away the same months a year earlier. Debt is long-term debt including the part due within a year. A dash means the company did not report that line in a form we can read, never a zero. Market cap uses the latest closing price and the share count from the cover of the latest filing. How we count
Cummins financials, answered
What is Cummins' market cap?
$73.15B at $531.33 a share, with 137,664,487 shares outstanding as of Jun 30, 2026, from the cover of its latest SEC filing.
How much does Cummins earn?
Revenue of $33.67B (fiscal 2025) and net income of $2.71B (last 12 months to Jun 2026).
How much debt does Cummins have?
Cummins reported $6.89B of debt and $3.18B of cash and equivalents on its balance sheet in Jun 2026.
Does Cummins make free cash flow?
Yes. Operating cash flow minus capital spending was $3.37B in the last 12 months to Jun 2026.
How much cash does Cummins return to shareholders?
$1.05B in buybacks and dividends in fiscal 2025, from the cash flow statement.