Cummins (CMI) Ratios
Cummins Ratios
MX:CMI's free cash flow for Q2 2026 was $1.25B. For the 2026 fiscal year, MX:CMI's free cash flow was decreased by $-249.00M and operating cash flow was $1.50B. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 1.76 | 1.31 | 1.18 | 1.27 | 1.74 |
| Quick Ratio | 1.16 | 0.80 | 0.74 | 0.77 | 1.12 |
| Cash Ratio | 0.30 | 0.15 | 0.17 | 0.18 | 0.37 |
| Solvency Ratio | 0.19 | 0.25 | 0.08 | 0.15 | 0.20 |
| Operating Cash Flow Ratio | 0.38 | 0.13 | 0.31 | 0.17 | 0.32 |
| Short-Term Operating Cash Flow Coverage | 4.76 | 0.65 | 2.09 | 0.58 | 3.89 |
| Net Current Asset Value | $ -3.66B | $ -5.48B | $ -6.90B | $ -5.62B | $ -2.00B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.24 | 0.24 | 0.23 | 0.28 | 0.19 |
| Debt-to-Equity Ratio | 0.66 | 0.74 | 0.81 | 0.93 | 0.54 |
| Debt-to-Capital Ratio | 0.40 | 0.43 | 0.45 | 0.48 | 0.35 |
| Long-Term Debt-to-Capital Ratio | 0.35 | 0.32 | 0.35 | 0.33 | 0.30 |
| Financial Leverage Ratio | 2.75 | 3.07 | 3.62 | 3.38 | 2.80 |
| Debt Service Coverage Ratio | 4.03 | 2.08 | 0.99 | 0.89 | 4.25 |
| Interest Coverage Ratio | 12.23 | 10.14 | 4.70 | 14.72 | 24.38 |
| Debt to Market Cap | 0.11 | 0.15 | 0.20 | 0.23 | 0.13 |
| Interest Debt Per Share | 61.23 | 57.66 | 53.51 | 60.45 | 32.67 |
| Net Debt to EBITDA | 0.98 | 0.94 | 1.66 | 1.64 | 0.57 |
| Profitability Margins | |||||
| Gross Profit Margin | 25.29% | 24.75% | 24.22% | 23.93% | 23.71% |
| EBIT Margin | 12.75% | 15.46% | 5.87% | 10.75% | 11.91% |
| EBITDA Margin | 16.03% | 18.59% | 8.88% | 13.54% | 14.67% |
| Operating Profit Margin | 11.95% | 11.00% | 5.17% | 10.43% | 11.27% |
| Pretax Profit Margin | 11.77% | 14.38% | 4.77% | 10.04% | 11.45% |
| Net Profit Margin | 8.44% | 11.57% | 2.16% | 7.66% | 8.87% |
| Continuous Operations Profit Margin | 8.78% | 11.93% | 2.47% | 7.78% | 9.01% |
| Net Income Per EBT | 71.74% | 80.48% | 45.20% | 76.30% | 77.46% |
| EBT Per EBIT | 98.46% | 130.75% | 92.33% | 96.24% | 101.66% |
| Return on Assets (ROA) | 8.36% | 12.51% | 2.30% | 7.10% | 8.99% |
| Return on Equity (ROE) | 23.02% | 38.42% | 8.31% | 23.97% | 25.15% |
| Return on Capital Employed (ROCE) | 16.51% | 18.47% | 9.22% | 15.52% | 16.28% |
| Return on Invested Capital (ROIC) | 11.88% | 13.70% | 4.30% | 10.14% | 12.28% |
| Return on Tangible Assets | 9.60% | 14.71% | 2.72% | 8.51% | 9.90% |
| Earnings Yield | 4.04% | 8.19% | 2.17% | 6.27% | 6.76% |
| Efficiency Ratios | |||||
| Receivables Turnover | 5.79 | 6.58 | 6.10 | 5.40 | 6.02 |
| Payables Turnover | 6.62 | 6.50 | 6.06 | 5.02 | 6.07 |
| Inventory Turnover | 4.32 | 4.47 | 4.55 | 3.81 | 4.21 |
| Fixed Asset Turnover | 4.49 | 4.95 | 5.05 | 5.08 | 5.43 |
| Asset Turnover | 0.99 | 1.08 | 1.06 | 0.93 | 1.01 |
| Working Capital Turnover Ratio | 6.22 | 11.73 | 12.79 | 6.80 | 4.45 |
| Cash Conversion Cycle | 92.41 | 80.93 | 79.86 | 90.72 | 87.20 |
| Days of Sales Outstanding | 63.07 | 55.45 | 59.82 | 67.63 | 60.63 |
| Days of Inventory Outstanding | 84.48 | 81.67 | 80.26 | 95.77 | 86.74 |
| Days of Payables Outstanding | 55.14 | 56.19 | 60.23 | 72.68 | 60.17 |
| Operating Cycle | 147.55 | 137.12 | 140.09 | 163.40 | 147.37 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 26.26 | 10.76 | 27.99 | 13.87 | 15.60 |
| Free Cash Flow Per Share | 17.30 | 2.02 | 19.43 | 7.39 | 10.17 |
| Dividend Paid and CapEx Coverage Ratio | 1.58 | 0.68 | 1.86 | 1.11 | 1.41 |
| Capital Expenditure Coverage Ratio | 2.93 | 1.23 | 3.27 | 2.14 | 2.87 |
| Operating Cash Flow Coverage Ratio | 0.45 | 0.20 | 0.55 | 0.23 | 0.49 |
| Operating Cash Flow to Sales Ratio | 0.11 | 0.04 | 0.12 | 0.07 | 0.09 |
| Free Cash Flow Yield | 3.39% | 0.58% | 8.11% | 3.05% | 4.66% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 24.76 | 12.21 | 46.19 | 15.94 | 14.80 |
| Price-to-Sales (P/S) Ratio | 2.09 | 1.41 | 1.00 | 1.22 | 1.31 |
| Price-to-Book (P/B) Ratio | 5.70 | 4.69 | 3.84 | 3.82 | 3.72 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 29.50 | 172.68 | 12.33 | 32.78 | 21.46 |
| Price-to-Operating Cash Flow Ratio | 19.44 | 32.40 | 8.56 | 17.47 | 13.98 |
| Price-to-Earnings Growth (PEG) Ratio | -0.89 | 0.03 | -0.70 | 5.11 | 0.67 |
| Enterprise Value Multiple | 14.02 | 8.54 | 12.88 | 10.66 | 9.52 |
| Enterprise Value | 75.66B | 54.10B | 38.98B | 40.54B | 33.56B |
| EV to EBITDA | 14.02 | 8.54 | 12.88 | 10.66 | 9.52 |
| EV to Sales | 2.25 | 1.59 | 1.14 | 1.44 | 1.40 |
| EV to Free Cash Flow | 31.71 | 193.92 | 14.16 | 38.76 | 22.83 |
| EV to Operating Cash Flow | 20.89 | 36.38 | 9.83 | 20.66 | 14.88 |
| Tangible Book Value Per Share | 65.39 | 47.66 | 34.48 | 36.71 | 49.89 |
| Shareholders’ Equity Per Share | 89.55 | 74.32 | 62.46 | 63.43 | 58.60 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.25 | 0.17 | 0.48 | 0.23 | 0.21 |
| Revenue Per Share | 244.16 | 246.76 | 240.40 | 198.40 | 166.12 |
| Net Income Per Share | 20.62 | 28.55 | 5.19 | 15.20 | 14.74 |
| Tax Burden | 0.72 | 0.80 | 0.45 | 0.76 | 0.77 |
| Interest Burden | 0.92 | 0.93 | 0.81 | 0.93 | 0.96 |
| Research & Development to Revenue | 0.04 | 0.04 | 0.04 | 0.05 | 0.05 |
| SG&A to Revenue | 0.09 | 0.10 | 0.10 | 0.10 | 0.10 |
| Stock-Based Compensation to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Quality | 1.27 | 0.37 | 4.72 | 0.90 | 1.04 |
Currency in USD