CMI Cummins Inc
NYSE, CIK 0000026172, fiscal year ends 12/31. Last price 517.4 on 2026-10-23, market value 71.2 billion dollars.
Machine-readable: CMI.json, CMI.md. Sections: Graham Defensive, Magic Formula, Momentum, Insider, Buffett Quality, Lynch GARP, Graham Enterprising, Piotroski F-Score, earnings record, insiders, filings and links.
| Philosophy | Score | Status | Current inputs as of | History used | Price | Verification | Rules |
|---|---|---|---|---|---|---|---|
| Graham Defensive | 71 | ok | 2025-12-31 stale: Revenue |
2014–2025 | 2026-10-23 | 10 verified, 21 unverified | method |
| Magic Formula | 39 | ok | 2026-03-31 stale: operating_income_q |
— | 2026-10-23 | — | method |
| Momentum | 59 | ok | 2026-10-23 | — | 2026-10-23 | — | method |
| Insider | 0 | ok | 2026-10-23 | — | — | — | method |
| Buffett Quality | 68 | ok | 2026-06-30 | 2016–2025 | 2026-10-23 | 0 verified, 48 unverified | method |
| Lynch GARP | 57 | ok | 2026-06-30 | 2020–2025 | 2026-10-23 | 0 verified, 6 unverified | method |
| Graham Enterprising | 65 | ok | 2026-06-30 | 2020–2025 | 2026-10-23 | 0 verified, 12 unverified | method |
| Piotroski F-Score | 67 | ok | — | 2024–2026 | — | 0 verified, 27 unverified | method |
Market value, source trail
| Input | Value | Unit | Period / date | Source |
|---|---|---|---|---|
| Traded price | 517.4 | USD per traded unit (share or ADS) | 2026-10-23 | Yahoo Finance |
| SEC shares outstanding | 137,664,487 | underlying shares | 2026-06-30 | SEC cover page 10-Q 0000026172-26-000029 (137,664,487 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/26172/000002617226000029/cmi-20260630.htm 0000026172-26-000029 |
| Depositary ratio | 1.0 | underlying shares per traded unit | domestic 10-K filer; SEC shares are the traded units | |
| Market value price date × latest reported shares | 71,227,605,574 | USD | 2026-10-23 shares at 2026-06-30 | 517.4 (price 2026-10-23) / 1 x 137,664,487 (shares at 2026-06-30) = 71,227,605,574 |
Graham Defensive
| Test or factor | Value | Threshold | Points |
|---|---|---|---|
| 1 Adequate size | 33.67 revenue $B | >= 1 | 5.0 / 5 |
| 2a Current ratio | 1.73 | >= 2.0 | 10.9 / 15 |
| 2b Long-term debt vs working capital | 0.87 LTD / WC | <= 1.0 | 15.0 / 15 |
| 3 Positive earnings each of 10 years | 10 of 10 | 10 of 10 | 15.0 / 15 |
| 4 Dividends every year for 20 years | 20 of 20 XBRL check: 9 years agree, 11 unverified | 20 of 20 | 15.0 / 15 |
| 5 EPS growth, 3-yr avg now vs 10 yrs ago | 8.36 -> 18.01 (+115%) | >= +33% | 10.0 / 10 |
| 6 P/E on 3-year average EPS | 28.7 | <= 15 | 0.0 / 15 |
| 7 P/B <= 1.5, or P/E x P/B <= 22.5 | P/B 5.54, product 159.3 | <= 1.5 or <= 22.5 | 0.0 / 10 |
Inputs, 33 numbers with their sources
| Input | Value | Period | Source | Check |
|---|---|---|---|---|
| Price (close, per traded unit) | 517.4 | 2026-10-23 | Alpaca Market Data (consolidated SIP daily bar) | not cross-checked |
| Revenue | 33670000000.0 | 2025-12-31 stale | SEC XBRL Revenues 0000026172-26-000009 | unverified |
| current_assets | 18434000000.0 | 2026-06-30 | SEC XBRL AssetsCurrent 0000026172-26-000029 | unverified |
| current_liabilities | 10673000000.0 | 2026-06-30 | SEC XBRL LiabilitiesCurrent 0000026172-26-000029 | unverified |
| lt_debt | 6737000000.0 | 2026-06-30 | SEC XBRL LongTermDebtAndCapitalLeaseObligations 0000026172-26-000029 | unverified |
| equity | 12847000000.0 | 2026-06-30 | SEC XBRL StockholdersEquity 0000026172-26-000029 | unverified |
| Net income FY2016 | 1456000000.0 | 2016-12-31 history | SEC XBRL ProfitLoss 0000026172-19-000009 | unverified |
| Net income FY2017 | 994000000.0 | 2017-12-31 history | SEC XBRL ProfitLoss 0000026172-20-000009 | unverified |
| Net income FY2018 | 2187000000.0 | 2018-12-31 history | SEC XBRL ProfitLoss 0000026172-21-000012 | unverified |
| Net income FY2019 | 2268000000.0 | 2019-12-31 history | SEC XBRL ProfitLoss 0000026172-22-000008 | unverified |
| Net income FY2020 | 1811000000.0 | 2020-12-31 history | SEC XBRL ProfitLoss 0000026172-23-000005 | unverified |
| Net income FY2021 | 2164000000.0 | 2021-12-31 history | SEC XBRL ProfitLoss 0000026172-24-000012 | unverified |
| Net income FY2022 | 2183000000.0 | 2022-12-31 history | SEC XBRL ProfitLoss 0000026172-25-000007 | unverified |
| Net income FY2023 | 840000000.0 | 2023-12-31 history | SEC XBRL ProfitLoss 0000026172-26-000009 | unverified |
| Net income FY2024 | 4068000000.0 | 2024-12-31 history | SEC XBRL ProfitLoss 0000026172-26-000009 | unverified |
| Net income FY2025 | 2957000000.0 | 2025-12-31 history | SEC XBRL ProfitLoss 0000026172-26-000009 | unverified |
| Dividend years (Yahoo) | [2002, 2003, 2004, 2005, 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026] | history | Yahoo Finance dividend history | verified (partly: XBRL covers 9 of 20 years) |
| Dividends per share FY2017 (XBRL) | 4.21 | 2017-12-31 history | SEC XBRL CommonStockDividendsPerShareCashPaid 0000026172-20-000009 | verified |
| Dividends per share FY2018 (XBRL) | 4.44 | 2018-12-31 history | SEC XBRL CommonStockDividendsPerShareCashPaid 0000026172-21-000012 | verified |
| Dividends per share FY2019 (XBRL) | 4.9 | 2019-12-31 history | SEC XBRL CommonStockDividendsPerShareCashPaid 0000026172-22-000008 | verified |
| Dividends per share FY2020 (XBRL) | 5.28 | 2020-12-31 history | SEC XBRL CommonStockDividendsPerShareCashPaid 0000026172-23-000005 | verified |
| Dividends per share FY2021 (XBRL) | 5.6 | 2021-12-31 history | SEC XBRL CommonStockDividendsPerShareCashPaid 0000026172-24-000012 | verified |
| Dividends per share FY2022 (XBRL) | 6.04 | 2022-12-31 history | SEC XBRL CommonStockDividendsPerShareCashPaid 0000026172-25-000007 | verified |
| Dividends per share FY2023 (XBRL) | 6.5 | 2023-12-31 history | SEC XBRL CommonStockDividendsPerShareCashPaid 0000026172-26-000009 | verified |
| Dividends per share FY2024 (XBRL) | 7.0 | 2024-12-31 history | SEC XBRL CommonStockDividendsPerShareCashPaid 0000026172-26-000009 | verified |
| Dividends per share FY2025 (XBRL) | 7.64 | 2025-12-31 history | SEC XBRL CommonStockDividendsPerShareCashPaid 0000026172-26-000009 | verified |
| EPS diluted FY2014 | 9.02 | 2014-12-31 history | SEC XBRL EarningsPerShareDiluted 0000026172-17-000007 | unverified |
| EPS diluted FY2015 | 7.84 | 2015-12-31 history | SEC XBRL EarningsPerShareDiluted 0000026172-18-000011 | unverified |
| EPS diluted FY2016 | 8.23 | 2016-12-31 history | SEC XBRL EarningsPerShareDiluted 0000026172-19-000009 | unverified |
| EPS diluted FY2023 | 5.15 | 2023-12-31 history | SEC XBRL EarningsPerShareDiluted 0000026172-26-000009 | unverified |
| EPS diluted FY2024 | 28.37 | 2024-12-31 history | SEC XBRL EarningsPerShareDiluted 0000026172-26-000009 | unverified |
| EPS diluted FY2025 | 20.5 | 2025-12-31 history | SEC XBRL EarningsPerShareDiluted 0000026172-26-000009 | unverified |
| Shares outstanding | 137664487.0 | 2026-06-30 | SEC cover page 10-Q 0000026172-26-000029 (137,664,487 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/26172/000002617226000029/cmi-20260630.htm 0000026172-26-000029 | not cross-checked |
Magic Formula
| Test or factor | Value | Threshold | Points |
|---|---|---|---|
| Earnings yield (EBIT/EV) EBIT trailing twelve months; EV = market cap + debt (7,085,000,000) - cash | 5.18 % (rank 70) | ||
| Return on capital (EBIT/(NWC+PPE)) net working capital 7,761,000,000 used as reported | 26.35 % (rank 141) | ||
| Combined rank | 211 |
Inputs, 14 numbers with their sources
| Input | Value | Period | Source | Check |
|---|---|---|---|---|
| operating_income | 4025000000.0 | 2025-12-31 history | SEC XBRL OperatingIncomeLoss 0000026172-26-000009 | not cross-checked |
| operating_income_q | 949000000.0 | 2026-03-31 stale | SEC XBRL OperatingIncomeLoss (quarter CY2026Q1) 0000026172-26-000016 | not cross-checked |
| operating_income_q | 1134000000.0 | 2025-03-31 history | SEC XBRL OperatingIncomeLoss (quarter CY2025Q1) 0000026172-26-000016 | not cross-checked |
| operating_income_q | 1279000000.0 | 2026-06-30 | SEC XBRL OperatingIncomeLoss (quarter CY2026Q2) 0000026172-26-000029 | not cross-checked |
| operating_income_q | 1226000000.0 | 2025-06-30 history | SEC XBRL OperatingIncomeLoss (quarter CY2025Q2) 0000026172-26-000029 | not cross-checked |
| current_assets | 18434000000.0 | 2026-06-30 | SEC XBRL AssetsCurrent 0000026172-26-000029 | not cross-checked |
| current_liabilities | 10673000000.0 | 2026-06-30 | SEC XBRL LiabilitiesCurrent 0000026172-26-000029 | not cross-checked |
| cash | 3179000000.0 | 2026-06-30 | SEC XBRL CashAndCashEquivalentsAtCarryingValue 0000026172-26-000029 | not cross-checked |
| ppe_net | 7013000000.0 | 2026-06-30 | SEC XBRL PropertyPlantAndEquipmentNet 0000026172-26-000029 | not cross-checked |
| debt_incl_current | 6737000000.0 | 2026-06-30 | SEC XBRL LongTermDebtAndCapitalLeaseObligations 0000026172-26-000029 | not cross-checked |
| debt_short | 348000000.0 | 2026-06-30 | SEC XBRL CommercialPaper 0000026172-26-000029 | not cross-checked |
| shares_out | 137664487.0 | 2026-06-30 | SEC cover page 10-Q 0000026172-26-000029 (137,664,487 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/26172/000002617226000029/cmi-20260630.htm 0000026172-26-000029 | not cross-checked |
| Price (close) | 517.4 | 2026-10-23 | Yahoo Finance / Alpaca Market Data | not cross-checked |
| note | debt = LongTermDebt (incl. current maturities) + short-term borrowings | not cross-checked |
Momentum
| Test or factor | Value | Threshold | Points |
|---|---|---|---|
| 12-1 month return | 27.4 % (percentile 75.6) | 37.8 / 50 | |
| 6 month return | -20.7 % (percentile 8.9) | 1.8 / 20 | |
| Price / 52-week high | 0.714 | 10.7 / 15 | |
| Volatility penalty (60d annualised) | 24.8 % | 9.1 / 15 |
Inputs, 1 numbers with their sources
| Input | Value | Period | Source | Check |
|---|---|---|---|---|
| Adjusted close series (14 months) | 517.4 | 2026-10-23 | Yahoo Finance / Alpaca Market Data daily history | not cross-checked |
Insider
| Test or factor | Value | Threshold | Points |
|---|---|---|---|
| Open-market buy value / market cap (percentile among buyers) | 0.0 bp | 0.0 / 35 | |
| Distinct buyers | 0 | 0.0 / 25 | |
| Buyer seniority | 0.0 | 0.0 / 20 | |
| Recency (half-life 30d) | 0.0 | 0.0 / 10 | |
| Sales penalty (excludes 10b5-1 plan sales) | 0.06 bp | -1.5 / 0 |
Inputs, 1 numbers with their sources
| Input | Value | Period | Source | Check |
|---|---|---|---|---|
| Form 4 S Newsome Earl 2026-08-24 | 399409.56 | 2026-08-24 | SEC Form 4 (insider transactions data set) | not cross-checked |
Buffett Quality
| Test or factor | Value | Threshold | Points |
|---|---|---|---|
| 1 Average return on equity (net income / year-end equity) | 25.8% over 8 yrs | >= 15% | 25.0 / 25 |
| 2 Profitable every year | 10 of 10 | all years | 15.0 / 15 |
| 3 Net income growth, 3-yr average now vs start of window | +7.8% a year | >= +10% | 7.8 / 10 |
| 4 Borrowings / 3-yr average earnings (years to repay) LongTermDebt (incl. current maturities) + short-term borrowings | 2.7 years | <= 4 | 15.0 / 15 |
| 5 Operating margin, 5-yr average | 10.0% | >= 20% | 1.6 / 10 |
| 6 Free cash flow / net income, 5-yr (operating cash flow minus capex) | 0.65 | >= 1.0 | 3.1 / 10 |
| 7 Owner-earnings yield (3-yr avg free cash flow / market cap) | 2.5% | >= 7% | 0.0 / 15 |
Inputs, 50 numbers with their sources
| Input | Value | Period | Source | Check |
|---|---|---|---|---|
| Price (close, per traded unit) | 517.4 | 2026-10-23 | Alpaca Market Data (consolidated SIP daily bar) | not cross-checked |
| Net income FY2018 | 2187000000.0 | 2018-12-31 history | SEC XBRL ProfitLoss 0000026172-21-000012 | unverified |
| Equity at FY2018 end | 7348000000.0 | 2018-12-31 history | SEC XBRL StockholdersEquity 0000026172-20-000009 | unverified |
| Net income FY2019 | 2268000000.0 | 2019-12-31 history | SEC XBRL ProfitLoss 0000026172-22-000008 | unverified |
| Equity at FY2019 end | 7507000000.0 | 2019-12-31 history | SEC XBRL StockholdersEquity 0000026172-21-000012 | unverified |
| Net income FY2020 | 1811000000.0 | 2020-12-31 history | SEC XBRL ProfitLoss 0000026172-23-000005 | unverified |
| Equity at FY2020 end | 8062000000.0 | 2020-12-31 history | SEC XBRL StockholdersEquity 0000026172-22-000008 | unverified |
| Net income FY2021 | 2164000000.0 | 2021-12-31 history | SEC XBRL ProfitLoss 0000026172-24-000012 | unverified |
| Equity at FY2021 end | 8146000000.0 | 2021-12-31 history | SEC XBRL StockholdersEquity 0000026172-23-000005 | unverified |
| Net income FY2022 | 2183000000.0 | 2022-12-31 history | SEC XBRL ProfitLoss 0000026172-25-000007 | unverified |
| Equity at FY2022 end | 8975000000.0 | 2022-12-31 history | SEC XBRL StockholdersEquity 0000026172-24-000012 | unverified |
| Net income FY2023 | 840000000.0 | 2023-12-31 history | SEC XBRL ProfitLoss 0000026172-26-000009 | unverified |
| Equity at FY2023 end | 8850000000.0 | 2023-12-31 history | SEC XBRL StockholdersEquity 0000026172-25-000007 | unverified |
| Net income FY2024 | 4068000000.0 | 2024-12-31 history | SEC XBRL ProfitLoss 0000026172-26-000009 | unverified |
| Equity at FY2024 end | 10271000000.0 | 2024-12-31 history | SEC XBRL StockholdersEquity 0000026172-26-000009 | unverified |
| Net income FY2025 | 2957000000.0 | 2025-12-31 history | SEC XBRL ProfitLoss 0000026172-26-000009 | unverified |
| Equity at FY2025 end | 12349000000.0 | 2025-12-31 history | SEC XBRL StockholdersEquity 0000026172-26-000029 | unverified |
| Net income FY2016 | 1456000000.0 | 2016-12-31 history | SEC XBRL ProfitLoss 0000026172-19-000009 | unverified |
| Net income FY2017 | 994000000.0 | 2017-12-31 history | SEC XBRL ProfitLoss 0000026172-20-000009 | unverified |
| Net income FY2018 | 2187000000.0 | 2018-12-31 history | SEC XBRL ProfitLoss 0000026172-21-000012 | unverified |
| Net income FY2019 | 2268000000.0 | 2019-12-31 history | SEC XBRL ProfitLoss 0000026172-22-000008 | unverified |
| Net income FY2020 | 1811000000.0 | 2020-12-31 history | SEC XBRL ProfitLoss 0000026172-23-000005 | unverified |
| Net income FY2021 | 2164000000.0 | 2021-12-31 history | SEC XBRL ProfitLoss 0000026172-24-000012 | unverified |
| Net income FY2022 | 2183000000.0 | 2022-12-31 history | SEC XBRL ProfitLoss 0000026172-25-000007 | unverified |
| Net income FY2023 | 840000000.0 | 2023-12-31 history | SEC XBRL ProfitLoss 0000026172-26-000009 | unverified |
| Net income FY2024 | 4068000000.0 | 2024-12-31 history | SEC XBRL ProfitLoss 0000026172-26-000009 | unverified |
| Net income FY2025 | 2957000000.0 | 2025-12-31 history | SEC XBRL ProfitLoss 0000026172-26-000009 | unverified |
| debt_incl_current | 6737000000.0 | 2026-06-30 | SEC XBRL LongTermDebtAndCapitalLeaseObligations 0000026172-26-000029 | unverified |
| debt_short | 348000000.0 | 2026-06-30 | SEC XBRL CommercialPaper 0000026172-26-000029 | unverified |
| Operating income FY2021 | 2706000000.0 | 2021-12-31 history | SEC XBRL OperatingIncomeLoss 0000026172-24-000012 | unverified |
| Revenue FY2021 | 24021000000.0 | 2021-12-31 history | SEC XBRL Revenues 0000026172-24-000012 | unverified |
| Operating income FY2022 | 2929000000.0 | 2022-12-31 history | SEC XBRL OperatingIncomeLoss 0000026172-25-000007 | unverified |
| Revenue FY2022 | 28074000000.0 | 2022-12-31 history | SEC XBRL Revenues 0000026172-25-000007 | unverified |
| Operating income FY2023 | 1761000000.0 | 2023-12-31 history | SEC XBRL OperatingIncomeLoss 0000026172-26-000009 | unverified |
| Revenue FY2023 | 34065000000.0 | 2023-12-31 history | SEC XBRL Revenues 0000026172-26-000009 | unverified |
| Operating income FY2024 | 3750000000.0 | 2024-12-31 history | SEC XBRL OperatingIncomeLoss 0000026172-26-000009 | unverified |
| Revenue FY2024 | 34102000000.0 | 2024-12-31 history | SEC XBRL Revenues 0000026172-26-000009 | unverified |
| Operating income FY2025 | 4025000000.0 | 2025-12-31 history | SEC XBRL OperatingIncomeLoss 0000026172-26-000009 | unverified |
| Revenue FY2025 | 33670000000.0 | 2025-12-31 history | SEC XBRL Revenues 0000026172-26-000009 | unverified |
| Operating cash flow FY2021 | 2256000000.0 | 2021-12-31 history | SEC XBRL NetCashProvidedByUsedInOperatingActivities 0000026172-24-000012 | unverified |
| Capital expenditure FY2021 | 734000000.0 | 2021-12-31 history | SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0000026172-24-000012 | unverified |
| Operating cash flow FY2022 | 1962000000.0 | 2022-12-31 history | SEC XBRL NetCashProvidedByUsedInOperatingActivities 0000026172-25-000007 | unverified |
| Capital expenditure FY2022 | 916000000.0 | 2022-12-31 history | SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0000026172-25-000007 | unverified |
| Operating cash flow FY2023 | 3966000000.0 | 2023-12-31 history | SEC XBRL NetCashProvidedByUsedInOperatingActivities 0000026172-26-000009 | unverified |
| Capital expenditure FY2023 | 1213000000.0 | 2023-12-31 history | SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0000026172-26-000009 | unverified |
| Operating cash flow FY2024 | 1487000000.0 | 2024-12-31 history | SEC XBRL NetCashProvidedByUsedInOperatingActivities 0000026172-26-000009 | unverified |
| Capital expenditure FY2024 | 1208000000.0 | 2024-12-31 history | SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0000026172-26-000009 | unverified |
| Operating cash flow FY2025 | 3621000000.0 | 2025-12-31 history | SEC XBRL NetCashProvidedByUsedInOperatingActivities 0000026172-26-000009 | unverified |
| Capital expenditure FY2025 | 1235000000.0 | 2025-12-31 history | SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0000026172-26-000009 | unverified |
| Shares outstanding | 137664487.0 | 2026-06-30 | SEC cover page 10-Q 0000026172-26-000029 (137,664,487 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/26172/000002617226000029/cmi-20260630.htm 0000026172-26-000029 | not cross-checked |
Lynch GARP
| Test or factor | Value | Threshold | Points |
|---|---|---|---|
| 1 PEG: P/E divided by 5-yr EPS growth (in % points) | 2.24 | <= 1.0 | 0.0 / 30 |
| 2 EPS growth, 5-yr compound rate | +11.3% a year | 12% to 35% a year | 18.8 / 20 |
| 3 P/E on latest annual EPS | 25.2 | <= 25 | 9.8 / 10 |
| 4 Borrowings / equity LongTermDebt (incl. current maturities) + short-term borrowings | 0.55 | <= 0.5 | 14.2 / 15 |
| 5 Years of the last 5 in which EPS rose | 3 of 5 | 5 of 5 | 9.0 / 15 |
| 6 Net cash (cash minus borrowings) / market cap | -5.5% | >= +10% | 5.6 / 10 |
Inputs, 7 numbers with their sources
| Input | Value | Period | Source | Check |
|---|---|---|---|---|
| Price (close, per traded unit) | 517.4 | 2026-10-23 | Alpaca Market Data (consolidated SIP daily bar) | not cross-checked |
| EPS diluted FY2025 | 20.5 | 2025-12-31 history | SEC XBRL EarningsPerShareDiluted 0000026172-26-000009 | unverified |
| EPS diluted FY2020 | 12.01 | 2020-12-31 history | SEC XBRL EarningsPerShareDiluted 0000026172-23-000005 | unverified |
| debt_incl_current | 6737000000.0 | 2026-06-30 | SEC XBRL LongTermDebtAndCapitalLeaseObligations 0000026172-26-000029 | unverified |
| debt_short | 348000000.0 | 2026-06-30 | SEC XBRL CommercialPaper 0000026172-26-000029 | unverified |
| equity | 12847000000.0 | 2026-06-30 | SEC XBRL StockholdersEquity 0000026172-26-000029 | unverified |
| cash | 3179000000.0 | 2026-06-30 | SEC XBRL CashAndCashEquivalentsAtCarryingValue 0000026172-26-000029 | unverified |
Graham Enterprising
| Test or factor | Value | Threshold | Points |
|---|---|---|---|
| 1 Current ratio | 1.73 | >= 1.5 | 15.0 / 15 |
| 2 Borrowings vs working capital LongTermDebt (incl. current maturities) + short-term borrowings | 0.91 x | <= 1.1x | 15.0 / 15 |
| 3 No earnings deficit in the last 5 years | 5 of 5 profitable | 5 of 5 | 15.0 / 15 |
| 4 Pays a current dividend | yes | yes | 10.0 / 10 |
| 5 EPS higher than five years earlier | 12.01 -> 20.50 | higher | 10.0 / 10 |
| 6 Price / book value per share book value used because intangibles are not separated in the dataset (Graham uses net tangible assets) | 5.54 | <= 1.2 | 0.0 / 20 |
| 7 Price / net current asset value per share (current assets minus all liabilities) net current asset value not positive | — | <= 0.67 | 0.0 / 15 |
Inputs, 15 numbers with their sources
| Input | Value | Period | Source | Check |
|---|---|---|---|---|
| Price (close, per traded unit) | 517.4 | 2026-10-23 | Alpaca Market Data (consolidated SIP daily bar) | not cross-checked |
| current_assets | 18434000000.0 | 2026-06-30 | SEC XBRL AssetsCurrent 0000026172-26-000029 | unverified |
| current_liabilities | 10673000000.0 | 2026-06-30 | SEC XBRL LiabilitiesCurrent 0000026172-26-000029 | unverified |
| debt_incl_current | 6737000000.0 | 2026-06-30 | SEC XBRL LongTermDebtAndCapitalLeaseObligations 0000026172-26-000029 | unverified |
| debt_short | 348000000.0 | 2026-06-30 | SEC XBRL CommercialPaper 0000026172-26-000029 | unverified |
| Net income FY2021 | 2164000000.0 | 2021-12-31 history | SEC XBRL ProfitLoss 0000026172-24-000012 | unverified |
| Net income FY2022 | 2183000000.0 | 2022-12-31 history | SEC XBRL ProfitLoss 0000026172-25-000007 | unverified |
| Net income FY2023 | 840000000.0 | 2023-12-31 history | SEC XBRL ProfitLoss 0000026172-26-000009 | unverified |
| Net income FY2024 | 4068000000.0 | 2024-12-31 history | SEC XBRL ProfitLoss 0000026172-26-000009 | unverified |
| Net income FY2025 | 2957000000.0 | 2025-12-31 history | SEC XBRL ProfitLoss 0000026172-26-000009 | unverified |
| Dividend years (Yahoo) | [2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026] | history | Yahoo Finance dividend history | not cross-checked |
| EPS diluted FY2025 | 20.5 | 2025-12-31 history | SEC XBRL EarningsPerShareDiluted 0000026172-26-000009 | unverified |
| EPS diluted FY2020 | 12.01 | 2020-12-31 history | SEC XBRL EarningsPerShareDiluted 0000026172-23-000005 | unverified |
| equity | 12847000000.0 | 2026-06-30 | SEC XBRL StockholdersEquity 0000026172-26-000029 | unverified |
| Shares outstanding | 137664487.0 | 2026-06-30 | SEC cover page 10-Q 0000026172-26-000029 (137,664,487 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/26172/000002617226000029/cmi-20260630.htm 0000026172-26-000029 | not cross-checked |
Piotroski F-Score
| Test or factor | Value | Threshold | Points |
|---|---|---|---|
| 1 Return on assets is positive | 8.7% | pass = 1 | 11.11111111111111 / 11.11111111111111 |
| 2 Operating cash flow is positive | 3,621M | pass = 1 | 11.11111111111111 / 11.11111111111111 |
| 3 Return on assets improved on the prior year | 12.9% -> 8.7% | pass = 1 | 0.0 / 11.11111111111111 |
| 4 Operating cash flow exceeds net income (accruals) | 3,621M vs 2,957M | pass = 1 | 11.11111111111111 / 11.11111111111111 |
| 5 Long-term debt / assets fell | 15.2% -> 20.0% | pass = 1 | 0.0 / 11.11111111111111 |
| 6 Current ratio improved | 1.31 -> 1.76 | pass = 1 | 11.11111111111111 / 11.11111111111111 |
| 7 No new shares issued (share count did not rise) | 138M -> 138M | pass = 1 | 11.11111111111111 / 11.11111111111111 |
| 8 Operating margin improved (stand-in for gross margin, which the dataset does not carry) | 11.0% -> 12.0% | pass = 1 | 11.11111111111111 / 11.11111111111111 |
| 9 Asset turnover (revenue / assets) improved | 1.08 -> 0.99 | pass = 1 | 0.0 / 11.11111111111111 |
Inputs, 27 numbers with their sources
| Input | Value | Period | Source | Check |
|---|---|---|---|---|
| net_income 2025-12-31 | 2957000000.0 | 2025-12-31 history | SEC XBRL ProfitLoss 0000026172-26-000009 | unverified |
| total_assets 2025-12-31 | 33992000000.0 | 2025-12-31 history | SEC XBRL Assets 0000026172-26-000029 | unverified |
| cfo 2025-12-31 | 3621000000.0 | 2025-12-31 history | SEC XBRL NetCashProvidedByUsedInOperatingActivities 0000026172-26-000009 | unverified |
| net_income 2025-12-31 | 2957000000.0 | 2025-12-31 history | SEC XBRL ProfitLoss 0000026172-26-000009 | unverified |
| net_income 2024-12-31 | 4068000000.0 | 2024-12-31 history | SEC XBRL ProfitLoss 0000026172-26-000009 | unverified |
| total_assets 2025-12-31 | 33992000000.0 | 2025-12-31 history | SEC XBRL Assets 0000026172-26-000029 | unverified |
| total_assets 2024-12-31 | 31540000000.0 | 2024-12-31 history | SEC XBRL Assets 0000026172-26-000009 | unverified |
| cfo 2025-12-31 | 3621000000.0 | 2025-12-31 history | SEC XBRL NetCashProvidedByUsedInOperatingActivities 0000026172-26-000009 | unverified |
| net_income 2025-12-31 | 2957000000.0 | 2025-12-31 history | SEC XBRL ProfitLoss 0000026172-26-000009 | unverified |
| lt_debt 2025-12-31 | 6792000000.0 | 2025-12-31 history | SEC XBRL LongTermDebtAndCapitalLeaseObligations 0000026172-26-000029 | unverified |
| lt_debt 2024-12-31 | 4784000000.0 | 2024-12-31 history | SEC XBRL LongTermDebtAndCapitalLeaseObligations 0000026172-26-000009 | unverified |
| total_assets 2025-12-31 | 33992000000.0 | 2025-12-31 history | SEC XBRL Assets 0000026172-26-000029 | unverified |
| total_assets 2024-12-31 | 31540000000.0 | 2024-12-31 history | SEC XBRL Assets 0000026172-26-000009 | unverified |
| current_assets 2025-12-31 | 16925000000.0 | 2025-12-31 history | SEC XBRL AssetsCurrent 0000026172-26-000029 | unverified |
| current_assets 2024-12-31 | 14752000000.0 | 2024-12-31 history | SEC XBRL AssetsCurrent 0000026172-26-000009 | unverified |
| current_liabilities 2025-12-31 | 9610000000.0 | 2025-12-31 history | SEC XBRL LiabilitiesCurrent 0000026172-26-000029 | unverified |
| current_liabilities 2024-12-31 | 11234000000.0 | 2024-12-31 history | SEC XBRL LiabilitiesCurrent 0000026172-26-000009 | unverified |
| shares_out 2026-06-30 | 137664487.0 | 2026-06-30 history | SEC XBRL EntityCommonStockSharesOutstanding 0000026172-26-000029 | unverified |
| shares_out 2025-06-30 | 137786038.0 | 2025-06-30 history | SEC XBRL EntityCommonStockSharesOutstanding 0000026172-25-000031 | unverified |
| operating_income 2025-12-31 | 4025000000.0 | 2025-12-31 history | SEC XBRL OperatingIncomeLoss 0000026172-26-000009 | unverified |
| operating_income 2024-12-31 | 3750000000.0 | 2024-12-31 history | SEC XBRL OperatingIncomeLoss 0000026172-26-000009 | unverified |
| revenue 2025-12-31 | 33670000000.0 | 2025-12-31 history | SEC XBRL Revenues 0000026172-26-000009 | unverified |
| revenue 2024-12-31 | 34102000000.0 | 2024-12-31 history | SEC XBRL Revenues 0000026172-26-000009 | unverified |
| revenue 2025-12-31 | 33670000000.0 | 2025-12-31 history | SEC XBRL Revenues 0000026172-26-000009 | unverified |
| revenue 2024-12-31 | 34102000000.0 | 2024-12-31 history | SEC XBRL Revenues 0000026172-26-000009 | unverified |
| total_assets 2025-12-31 | 33992000000.0 | 2025-12-31 history | SEC XBRL Assets 0000026172-26-000029 | unverified |
| total_assets 2024-12-31 | 31540000000.0 | 2024-12-31 history | SEC XBRL Assets 0000026172-26-000009 | unverified |
Earnings record
| FY | Ended | Revenue, $M | Net income, $M | EPS diluted | Dividend | Filing |
|---|---|---|---|---|---|---|
| 2013 | 2013-12-31 | 17,301 | 1,588 | 7.91 | paid | 0000026172-16-000033 |
| 2014 | 2014-12-31 | 19,221 | 1,736 | 9.02 | paid | 0000026172-17-000007 |
| 2015 | 2015-12-31 | 19,110 | 1,470 | 7.84 | paid | 0000026172-18-000011 |
| 2016 | 2016-12-31 | 17,509 | 1,456 | 8.23 | paid | 0000026172-19-000009 |
| 2017 | 2017-12-31 | 20,428 | 994 | 5.97 | paid | 0000026172-20-000009 |
| 2018 | 2018-12-31 | 23,771 | 2,187 | 13.15 | paid | 0000026172-21-000012 |
| 2019 | 2019-12-31 | 23,571 | 2,268 | 14.48 | paid | 0000026172-22-000008 |
| 2020 | 2020-12-31 | 19,811 | 1,811 | 12.01 | paid | 0000026172-23-000005 |
| 2021 | 2021-12-31 | 24,021 | 2,164 | 14.61 | paid | 0000026172-24-000012 |
| 2022 | 2022-12-31 | 28,074 | 2,183 | 15.12 | paid | 0000026172-25-000007 |
| 2023 | 2023-12-31 | 34,065 | 840 | 5.15 | paid | 0000026172-26-000009 |
| 2024 | 2024-12-31 | 34,102 | 4,068 | 28.37 | paid | 0000026172-26-000009 |
| 2025 | 2025-12-31 | 33,670 | 2,957 | 20.5 | paid | 0000026172-26-000009 |
Insider transactions
| Date | Insider | Role | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| 2026-08-24 | Newsome Earl | officer | sale | 698 | 572.22 | 399,410 |
| 2026-05-14 | Jackson Donald G | officer | sale | 160 | 711.61 | 113,858 |
| 2026-05-14 | Jackson Donald G | officer | sale | 480 | 710.36 | 340,973 |
| 2026-05-14 | Jackson Donald G | officer | sale | 90 | 712.70 | 64,143 |
| 2026-05-12 | Bush Jennifer Mary | officer | sale | 940 | 694.13 | 652,482 |
| 2026-05-12 | Bush Jennifer Mary | officer | sale | 583 | 696.26 | 405,920 |
| 2026-05-12 | Bush Jennifer Mary | officer | sale | 1,158 | 695.21 | 805,053 |
| 2026-05-12 | Bush Jennifer Mary | officer | sale | 1,799 | 697.29 | 1,254,425 |
| 2026-05-12 | Bush Jennifer Mary | officer | sale | 40 | 699.10 | 27,964 |
| 2026-05-12 | Bush Jennifer Mary | officer | sale | 480 | 698.38 | 335,222 |
| 2026-05-11 | Stoner Nathan R | officer | sale | 607 | 694.06 | 421,294 |
| 2026-05-11 | Fetch Bonnie J | Pres | sale | 652 | 700.19 | 456,524 |
| 2026-05-11 | Merritt Brett Michael | officer | sale | 702 | 688.75 | 483,158 |
| 2026-05-11 | Fetch Bonnie J | Pres | sale | 643 | 702.66 | 451,684 |
| 2026-05-08 | Lamb-Hale Nicole | officer | sale | 1,181 | 684.35 | 808,217 |
| 2026-05-08 | Lamb-Hale Nicole | officer | sale | 947 | 686.48 | 650,097 |
| 2026-05-08 | Lamb-Hale Nicole | officer | sale | 280 | 685.63 | 191,976 |
| 2026-05-08 | Boakye Marvin | officer | sale | 360 | 681.40 | 245,304 |
| 2026-05-08 | Boakye Marvin | officer | sale | 240 | 682.62 | 163,829 |
| 2026-05-08 | Boakye Marvin | officer | sale | 1,112 | 678.57 | 754,570 |
Filings and links
- SEC: filing index, 8-K, Form 4, XBRL companyfacts
- Prices: Yahoo Finance, Stooq
- Elsewhere: morningstar, finviz, stockanalysis, seeking alpha, openinsider, google news