Cummins Inc.

Cummins Inc.verified

CMI

Price:

$290.38

Market Cap:

$39.72B

Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, electric and hybrid powertrains, and related components worldwide. It operates through five segments: Engine, Distribution, Components, Power Systems, and New Power. The company offers diesel and natural gas-powered engines under the Cummins and other customer brands for the heavy and medium-duty truck, bus, recreational vehicle, light-duty automotive, construction, mining, marine, rail, oil and gas, defense, and agricultural markets; and offers new parts and services, as well as remanufactured parts and engines. It also provides power generation systems, high-horsepower engines, heavy and medium du...[Read more]

Industry

Industrial - Machinery

IPO Date

1947-10-03

Stock Exchange

NYSE

Ticker

CMI

The PE Ratio as of July 2024 (TTM) for Cummins Inc. (CMI) is 21.32

According to Cummins Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 21.32. This represents a change of 259.99% compared to the average of 5.92 of the last 4 quarters.

Cummins Inc. (CMI) Historical PE Ratio (quarterly & annually)

How has CMI PE Ratio performed in the past?

The mean historical PE Ratio of Cummins Inc. over the last ten years is 19.13. The current 21.32 PE Ratio has changed 11.04% with respect to the historical average. Over the past ten years (40 quarters), CMI's PE Ratio was at its highest in in the December 2015 quarter at 23.98. The PE Ratio was at its lowest in in the December 2017 quarter at -26.66.

Quarterly (TTM)
Annual

Average

19.13

Median

15.95

Minimum

10.12

Maximum

46.19

Cummins Inc. (CMI) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Cummins Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 189.78%

Maximum Annual PE Ratio = 46.19

Minimum Annual Increase = -65.63%

Minimum Annual PE Ratio = 10.12

Quarterly (TTM)
Annual
YearPE RatioChange
202346.19189.78%
202215.947.68%
202114.80-21.32%
202018.8152.88%
201912.3121.54%
201810.12-65.63%
201729.4677.79%
201616.5747.97%
201511.20-29.81%
201415.95-10.25%

Cummins Inc. (CMI) Average PE Ratio

How has CMI PE Ratio performed in the past?

The current PE Ratio of Cummins Inc. (CMI) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

25.64

5-year avg

21.61

10-year avg

19.13

Cummins Inc. (CMI) PE Ratio vs. Peers

How is CMI’s PE Ratio compared to its peers?

Cummins Inc.’s PE Ratio is less than Illinois Tool Works Inc. (24.16), greater than Dover Corporation (16.97), less than Eaton Corporation plc (35.02), less than Parker-Hannifin Corporation (25.75), greater than Emerson Electric Co. (6.22), less than Rockwell Automation, Inc. (26.73), less than Ingersoll Rand Inc. (48.66), less than Pentair plc (22.33), less than A. O. Smith Corporation (21.47),

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