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Cummins Inc.

CMIโ€ขRank #185โ€ขIndustrialsโ€ขSpecialty Industrial Machinery

Market Cap

$87.1B

Global Rank

#185

All-Time High

$93.6B

2026-07-06

Total Growth

+0%

since 2026

Market Cap Context

  • Larger than 50% of the 367 companies we track (globally).
  • Equivalent to 0.3% of United States's GDP (2025 data).
  • Just above: #184 DoorDash, Inc. ($87.2B)
  • Just below: #186 NTT, Inc. ($87.0B)
  • Best year: 2010 (+143%). Worst year: 2008 (-57%).

Cummins Inc. Financial Breakdown (FY 2025)

Source: Yahoo Finance โ€” CMI annual filings (2025) โ†’

$33.7B revenue ยท $3.9B operating income ยท $2.8B net income

  • โ—Operating margin: 11.5% on $33.7B in revenue.
  • โ—R&D is 4.1% of revenue ($1.4B).
  • โ—Net income margin: 8.4% โ€” $2.8B in profit.
  • โ—Free cash flow: $2.4B (7.1% of revenue).

Cost / Operating Expenses

Total operating expenses $29.8B

Total

$29.7B

Cost of revenueยท Product / service delivery costs (COGS)$25.2B84.8%
Research & development$1.4B4.7%
Selling, general & administrativeยท Sales, marketing, and corporate overhead$3.1B10.5%

Capital Expenditures

$1.2B

This fiscal year (near-total AI infrastructure buildout)

Free Cash Flow

$2.4B

Trailing twelve months

Figures rounded from the annual SEC filing. Unaudited. For informational purposes only, not investment advice.

About Cummins Inc.

Cummins Inc. is an American multinational corporation that designs, manufactures, and distributes diesel engines, electric vehicle components, and power generation products. Cummins also services engines and related equipment, including fuel systems, air handling systems controls, filtration, emission control, electrical power generation systems, and engine control units.

Cummins Inc. Market Cap History (2026โ€“2026)

Cummins Inc. vs Sector Peers by Market Cap

Emerson Electric Co.EMR
$91.7B
Waste Management, Inc.WM
$90.7B
Cummins Inc.CMI
$87.1B
Illinois Tool Works Inc.ITW
$83.5B
Canadian Pacific Kansas City LimitedCP.TO
$82.1B
Cintas CorporationCTAS
$82.1B
Northrop Grumman CorporationNOC
$81.8B
Canadian National Railway CompanyCNR.TO
$77.6B

Compare Cummins Inc.

Ranking History

YearMarket CapRankYoY Change
2026$87.1B#185(โ†‘16)+24.5%
2025$70.0B#201(โ†‘45)+49.4%
2024$46.9B#246(โ†‘48)+48.9%
2023$31.5B#294(โ†“24)+1.7%
2022$30.9B#270(โ†‘29)+14.1%
2021$27.1B#299(โ†“28)-1.7%
2020$27.6B#271(โ†“2)+30.5%
2019$21.1B#269(โ†“5)+38.0%
2018$15.3B#264(โ†“24)-22.1%
2017$19.6B#240(โ†‘7)+32.7%
2016$14.8B#247(โ†‘14)+60.7%
2015$9.2B#261(โ†“30)-37.2%
2014$14.7B#231(โ†“20)+4.3%
2013$14.1B#211(โ†“8)+32.5%
2012$10.6B#203(โ†“2)+25.2%
2011$8.5B#201(โ†“13)-18.9%
2010$10.4B#188(โ†‘50)+142.7%
2009$4.3B#238(โ†‘9)+75.2%
2008$2.5B#247(โ†“18)-57.4%
2007$5.8B#229(โ†‘25)+117.5%
2006$2.7B#254(โ†“5)+33.2%
2005$2.0B#249(โ†“7)+8.8%
2004$1.8B#242(โ†‘3)+74.6%
2003$1.0B#245(โ†“1)+78.5%
2002$586.8M#244(โ†“5)-24.5%
2001$776.9M#239(โ†“15)+4.8%
2000$741.6M#224(โ†“40)-18.6%
1999$911.6M#184(โ†“9)+39.3%
1998$654.2M#175(โ†“22)-38.5%
1997$1.1B#153(โ†“3)+30.6%
1996$814.0M#150(โ†“9)+27.3%
1995$639.5M#141(โ†“24)-16.3%
1994$763.7M#117

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FAQ

What is Cummins Inc.'s market cap?

Cummins Inc. (CMI) has a market capitalization of $87.1B, making it the #185 largest company in the world by market cap.

What was Cummins Inc.'s highest market cap?

Cummins Inc.'s all-time high market cap was $93.6B, reached in 2026-07-06. Its highest rank was #185 in 2026.

What sector is Cummins Inc. in?

Cummins Inc. is in the Industrials sector, specifically the Specialty Industrial Machinery industry. It is based in United States.

How has Cummins Inc.'s market cap changed over time?

Cummins Inc. has been tracked since 2026. Its market cap has grown by 0% from $87.1B in 2026 to $87.1B today.