US · CMI
Cummins Inc.
- Sector
- Industrials · Industrial - Machinery
- Headquarters
- Columbus, IN 47202-3005
- Website
- cummins.com
Price · as of 2025-12-31
$657.44
Market cap 80.67B
Valuation summary
Four models, one snapshot. Upside is target ÷ current − 1.
| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial Intelligence(AI) | $401.28 | -38.96% |
| Intrinsic Value(DCF) | $233.93 | -64.42% |
| Graham-Dodd Method(GD) | $61.75 | -90.61% |
| Graham Formula(GF) | $143.96 | -78.1% |
Valuation history
Annual price (USD per share) overlaid with each model's fair value. Y-axis is log scale.
| Year | Price | AI | DCF | Graham-Dodd | Graham Formula |
|---|---|---|---|---|---|
| 2011 | $83.48 | $120.10 | $626.43 | $54.76 | $411.23 |
| 2012 | $85.50 | $83.33 | $301.54 | $49.04 | $37.40 |
| 2013 | $106.01 | $86.47 | $8.20 | $43.66 | $62.96 |
| 2014 | $103.52 | $99.12 | $5.77 | $42.94 | $168.55 |
| 2015 | $79.89 | $88.51 | $0.14 | $25.78 | $59.39 |
| 2016 | $120.03 | $105.02 | $0.00 | $19.08 | $0.79 |
| 2017 | $132.10 | $126.97 | $8.37 | $3.94 | $143.97 |
| 2018 | $129.65 | $133.36 | $101.41 | $37.96 | $314.38 |
| 2019 | $128.55 | $145.31 | $29.20 | $39.29 | $107.11 |
| 2020 | $243.14 | $193.68 | $15.16 | $26.88 | $0.00 |
| 2021 | $177.60 | $182.76 | $16.46 | $39.47 | $418.67 |
| 2022 | $225.83 | $205.98 | $34.28 | $32.24 | $367.87 |
| 2023 | $258.08 | $217.17 | $3,137.97 | $0.00 | $148.35 |
| 2024 | $335.88 | $296.53 | $1,060.60 | $94.76 | $237.61 |
| 2025 | $580.37 | $401.28 | $4.23 | $61.75 | $143.96 |
AI valuation
Our deep-learning model estimates Cummins Inc.'s (CMI) per-share fair value from quarterly fundamentals, sector trend, and historical valuation patterns.
- AI fair value
- $401.28
- Current price
- $657.44
- AI upside
- -38.96%
Methodology and confidence bands appear in the dedicated valuation theory section. The AI score is an estimate, not a recommendation.
Intrinsic value (DCF)
Open DCF calculatorThree textbook valuation models, recomputed daily from the latest financial statements. The DCF uses our Chepakovich model. Graham-Dodd and Graham Formula are conservative reference points.
DCF
$233.93
-64.42% upside
Graham-Dodd
$61.75
-90.61% upside
Graham Formula
$143.96
-78.1% upside
Peer comparison
Same-industry comparables, ranked by market cap.
| Basic Info | Model Valuation | Core Valuation | Profitability | Leverage & Liquidity | Growth | Cash Flow | Dividends | Enterprise Value | Risk | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ticker | Company Name | Price | Market Cap | AI Upside | DCF Upside | GD Upside | GF Upside | P/E | P/B | P/S | EV/EBITDA | PEG | P/TBV | Gross Margin | Operating Margin | Net Margin | ROE | ROIC | ROA | Debt/Equity | Interest Coverage | Current Ratio | Quick Ratio | Net Debt/EBITDA | EPS Growth | Sales Growth | FCF Growth | FCF Yield | Op Cash Flow Ratio | Cash ROIC | Dividend Yield | Dividend Payout | Shareholder Yield | EV/EBIT | EV/FCF | EV/Sales | Altman Z-Score |
| CMI | Cummins Inc. | $657.44 | 80.67B | -39% | -64% | -91% | -78% | 28.15 | 6.48 | 2.38 | 15.70 | — | 10.06 | 25.29% | 11.87% | 8.44% | 25.14% | 18.37% | 8.68% | 0.66 | 12.14 | 1.76 | 0.98 | 0.98 | -2774.00% | -127.00% | 75520.00% | 2.98% | 0.38 | 14.70% | 1.32% | 37.10% | 2.14% | 21.16 | 35.43 | 2.51 | 4.90 |
| AME | AMETEK, Inc. | $239.22 | 55.07B | -40% | -53% | -88% | -61% | 37.59 | 5.24 | 7.52 | 30.58 | 474.33 | -43.12 | 36.38% | 26.15% | 20.00% | 14.59% | 13.24% | 9.64% | 0.21 | 23.82 | 1.06 | 0.55 | 0.97 | 793.00% | 663.00% | -178.00% | 3.00% | 0.63 | 13.89% | 0.51% | 19.30% | 1.52% | 29.69 | 34.38 | 7.77 | 7.01 |
| CNI | Canadian National Railway… | $112.19 | 68.68B | -27% | -49% | -88% | -54% | 20.86 | 4.57 | 5.69 | 13.16 | 265.89 | 4.68 | 44.87% | 38.07% | 27.28% | 22.14% | 11.66% | 8.16% | 1.01 | 7.21 | 0.67 | 0.40 | 2.36 | 785.00% | 143.00% | 756.00% | 3.44% | 1.91 | 7.97% | 2.24% | 46.80% | 4.40% | 18.21 | 35.37 | 6.93 | 2.69 |
| CP | Canadian Pacific Kansas C… | $87.59 | 78.63B | -46% | -58% | -68% | -57% | 27.66 | 2.49 | 7.59 | 16.41 | 207.71 | 4.66 | 52.16% | 37.20% | 27.46% | 8.82% | 6.09% | 4.75% | 0.51 | 6.40 | 0.49 | 0.37 | 2.75 | 1332.00% | 366.00% | -985.00% | 1.90% | 0.89 | 3.12% | 0.70% | 19.20% | 4.14% | 24.50 | 63.36 | 9.11 | 2.43 |
| CSX | CSX Corporation | $42.69 | 79.38B | -13% | -48% | -84% | -81% | 27.85 | 6.11 | 5.71 | 16.82 | — | 6.11 | 33.25% | 32.08% | 20.50% | 22.52% | 11.21% | 6.68% | 1.43 | 5.36 | 0.22 | 0.22 | 3.10 | -1397.00% | -308.00% | -3705.00% | 2.13% | 1.47 | 5.53% | 1.21% | 33.60% | 2.94% | 21.82 | 57.67 | 7.00 | 2.18 |
| FDX | FedEx Corporation | $387.00 | 91.31B | -39% | -77% | -77% | -64% | 13.39 | 1.95 | 0.62 | 8.25 | — | 2.55 | 21.60% | 6.92% | 4.65% | 14.70% | 7.71% | 4.69% | 1.33 | 7.71 | 1.19 | 1.10 | 3.04 | -232.00% | 27.00% | -494.00% | 5.44% | 0.46 | 5.02% | 2.44% | 32.70% | 7.95% | 14.24 | 29.06 | 0.99 | 2.49 |
| ITW | Illinois Tool Works Inc. | $290.63 | 83.76B | -23% | -55% | — | -67% | 27.76 | 26.39 | 5.30 | 20.05 | — | -34.54 | 44.10% | 26.28% | 19.11% | 93.75% | 29.92% | 19.64% | 2.78 | 14.44 | 1.21 | 0.80 | 1.75 | -1042.00% | 92.00% | -482.00% | 3.18% | 0.61 | 24.85% | 2.10% | 58.20% | 3.86% | 22.11 | 34.44 | 5.81 | 8.50 |
| NSC | Norfolk Southern Corporat… | $314.74 | 70.68B | -22% | -52% | -83% | -65% | 24.84 | 4.59 | 5.86 | 14.86 | 243.56 | 4.59 | 42.43% | 32.91% | 23.59% | 19.25% | 10.26% | 6.46% | 1.10 | 5.06 | 0.85 | 0.67 | 2.66 | 1020.00% | 47.00% | 2908.00% | 3.02% | 1.16 | 7.04% | 1.70% | 42.30% | 2.84% | 21.69 | 40.30 | 7.14 | 2.40 |
| PCAR | PACCAR Inc | $126.09 | 66.31B | -32% | -50% | — | — | 27.55 | 3.40 | 2.30 | 13.39 | — | 3.40 | 16.23% | 10.41% | 8.35% | 12.92% | 13.86% | 5.41% | 0.00 | 8.55 | 1.70 | 1.42 | -2.20 | -4291.00% | -1550.00% | 462.00% | 4.63% | 0.56 | 18.05% | 3.46% | 95.40% | 31.16% | 18.97 | 18.55 | 1.98 | 2.58 |
| ROP | Roper Technologies, Inc. | $349.73 | 37.64B | +23% | -52% | -98% | -19% | 24.70 | 1.91 | 4.80 | 14.98 | — | -3.38 | 69.24% | 28.29% | 19.44% | 7.93% | 6.42% | 4.66% | 0.47 | 6.88 | 0.52 | 0.42 | 2.87 | -105.00% | 1226.00% | 712.00% | 6.57% | 0.68 | 9.03% | 0.94% | 23.10% | 2.25% | 21.00 | 18.83 | 5.94 | 2.63 |
| URI | United Rentals, Inc. | $840.00 | 53.45B | -26% | -52% | -86% | -40% | 21.19 | 5.89 | 3.28 | 9.62 | — | 38.52 | 35.44% | 24.68% | 15.49% | 28.36% | 12.39% | 8.60% | 1.84 | 5.55 | 0.94 | 0.78 | 2.24 | -21.00% | 491.00% | 5800.00% | 1.25% | 1.36 | 2.76% | 0.88% | 18.60% | 4.60% | 17.33 | 104.02 | 4.28 | 3.23 |
About Cummins Inc.
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 duty engines, application engineering services, custom-designed assemblies, retail and wholesale aftermarket parts, and in-shop and field-based repair services. In addition, the company offers emission solutions; turbochargers; air and fuel filters, fuel water separators, lube and hydraulic filters, coolants, fuel additives, and other filtration systems; and electronic control modules, sensors, and supporting software, as well as new, replacement, and remanufactured fuel systems. Further, it provides automated transmissions; standby and prime power generators, controls, paralleling systems, and transfer switches, as well as A/C generator/alternator products under the Stamford and AVK brands; and electrified power systems with components and subsystems, including battery, fuel cell, and hydrogen production technologies. Additionally, it offers filtration, aftertreatment, controls systems, air handling systems, automated transmissions, electric power generation systems, and batteries. The company sells its products to original equipment manufacturers, distributors, dealers, and other customers. The company was formerly known as Cummins Engine Company and changed its name to Cummins Inc. in 2001. Cummins Inc. was founded in 1919 and is headquartered in Columbus, Indiana.
- CEO
- Jennifer W. Rumsey
- Employees
- 69.6K
- Beta
- 1.12
Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice. Upside computed as ($233.93 ÷ $657.44) − 1 = -64.42% (DCF, example).