Cummins Inc. (CMI)
Cummins is a global powerhouse that builds the heavy-duty engines, power systems, and clean-energy technology that keep the world's trucks and factories running.
Is Cummins Inc. a good stock for a UK beginner?
The honest version: Cummins is a global powerhouse that builds the heavy-duty engines, power systems, and clean-energy technology that keep the world's trucks and factories running.
Over about 2 years to 2026-07-31. This is the share price only - reinvesting the dividends would add to it. And it's the USD return - as a UK investor your actual £ return also moves with the exchange rate. Past performance is not a guide to the future, and it could just as easily have fallen.
Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.
Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.
Cummins becomes a dominant leader in the global transition to zero-emission power.
New competitors disrupt the market and make traditional engines obsolete.
What does Cummins Inc. do?
Cummins makes the engines that power everything from massive lorries and construction equipment to backup generators for data centres. The cash rolls in from selling these machines and providing the parts and services to keep them running for years. A lot rides on how they manage the shift from traditional diesel engines to newer, greener technologies like hydrogen and electric power.
On our factor screen it looks strongest on momentum and income, and weakest on growth.
- ✓Pays a dividend - about 1.4% a year
- ✓Growing - revenue up about 3% over the year
- !High P/E of 33 - big growth is already priced in
- ✓Strong return on shareholder money (ROE 22%)
- Strong reputation for reliability in heavy-duty engines
- High return on equity shows efficient use of capital
- Diversified business across different industrial sectors
- Growth screens low (16/100)
- Global economic slowdown reducing demand for new machinery
- High costs associated with researching and developing new green technologies
- Stricter environmental regulations impacting core diesel business
What do Cummins Inc.'s numbers mean?
How much money does Cummins Inc. make?
Revenue and profit by quarter, and how much of each sale turns into profit.
Does Cummins Inc. pay a dividend?
Yes - Cummins Inc. currently pays a dividend of about 1.4% a year (the yearly payout as a share of the price). A dividend is a slice of profit handed to shareholders; the yield moves as the price moves, and a company can cut or stop it.
When does Cummins Inc. report earnings, and how did recent quarters go?
Cummins Inc. is next scheduled to report on about 2026-08-04 - dates can move, and we don't predict results; this just tells you when to look.
Each quarter a company reports its results against what analysts expected. ‘Beating’ or ‘missing’ is about that expectation, not whether the business is doing well in absolute terms.
| Reported | Expected EPS: The earnings per share analysts expected for the quarter - the average of their forecasts. 'Beating' or 'missing' is measured against this number. | Actual EPS | vs expected |
|---|---|---|---|
| 2026-05-05 | $5.65 | $6.15 | Beat +9% |
| 2026-02-05 | $5.08 | $5.81 | Beat +14% |
| 2025-11-06 | $4.77 | $3.86 | Missed -19% |
| 2025-08-05 | $5.21 | $6.43 | Beat +24% |
| 2025-05-05 | $4.92 | $5.96 | Beat +21% |
| 2025-02-04 | $4.69 | $4.54 | Missed -3% |
Across the last 6 quarters here, Cummins Inc. came in ahead of what analysts expected 4 times. One quarter is noise, not a trend.
See who else reports over the next two weeks →
Reported vs expected earnings per share (EPS) from published results; the expectation is the analyst consensus, not our view. Report dates are estimates that can move.
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An illustrative range for the year ahead, with the assumption behind each case — not a prediction or a price target.
What are the pros and cons of Cummins Inc.?
How many points the write-up makes each way — a balance check, not a score or verdict.
- Strong reputation for reliability in heavy-duty engines
- High return on equity shows efficient use of capital
- Diversified business across different industrial sectors
- Recent earnings growth has been negative
- High price-to-book ratio suggests the shares are not cheap
- Heavy reliance on traditional fuel engines in a changing world
- Global economic slowdown reducing demand for new machinery
- High costs associated with researching and developing new green technologies
- Stricter environmental regulations impacting core diesel business
The write-up's own warning lights — if these start happening, the case above changes.
- A sustained, long-term decline in global industrial production
- Failure to successfully commercialise hydrogen or electric power solutions
Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →
This plain-English summary was auto-generated on 2026-08-01 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.