Cummins Inc. (CMI)

Cummins Inc. stock has increased by 99.40% over the past year, reaching $549.68 as of April 2, 2026. In Q4 2025, revenues were $8.5 billion, a 1% increase year-over-year, but GAAP profit missed estimates due to charges related to the Accelera electrolyzer business. The company delivered strong financial performance in 2025, achieving record EBITDA and earnings per share (excluding one-time items). Management projected total company revenues for 2026 to be up 3% to 8% compared to 2025.

Cummins Inc. experiences demand seasonality, particularly in its North America on-highway truck markets, with anticipated weakness in the first half of 2026 and expected improvement in the second half. The power generation market has shown continued strength, and the Distribution business has demonstrated resilience. Cummins is investing to increase its capacity to meet rising power generation demand.

Cummins Inc. is a multinational corporation specializing in power solutions, operating in the Industrials sector. Its products include diesel, natural gas, electric, and hybrid powertrains, along with related components. The company is structured into five segments: Engine, Components, Distribution, Power Systems, and Accelera™ by Cummins.

Cummins Inc. has a global presence, serving customers in approximately 190 countries and territories. It operates over 600 company-owned and independent distributors and approximately 7,200 dealer locations worldwide. In the United States, Cummins operates 217 locations across 48 states, with the largest concentrations in Indiana, Texas, and California. Nearly half of the company's sales are generated from outside the United States.

Cummins has reinforced its brand and commitment to clean energy with the "Power Onward" tagline and "Destination Zero" strategy. The company was ranked No. 4 on Forbes' list of America's Best Employers for Women in 2023. Cummins continues its "CARE: Cummins Advocating for Racial Equity" initiative and expanded its "Forever Rising Tour" to showcase its latest heavy-duty engine platforms.

Cummins Inc. is predominantly owned by institutional shareholders, who hold approximately 85.89% of the company's stock. Insiders own about 1.82%, and retail investors account for 12.29% of the ownership. The largest institutional shareholders are The Vanguard Group, Inc., BlackRock, Inc., State Street Global Advisors, Inc., FMR LLC (Fidelity Management & Research), Geode Capital Management, LLC, and Fisher Asset Management, LLC.