
Cummins NYSE: CMI reported record third-quarter profitability as demand for truck engines and data center power equipment lifted revenue, but the company narrowed its full-year sales outlook after pickup truck demand fell short of expectations.
Cummins is a Columbus, Indiana based multinational corporation that designs, manufactures, and distributes engines, filtration, and power generation products. Cummins also services engines and related equipment, including fuel systems, controls, air handling, filtration, emission control, electrical power generation systems, and trucks.
| Revenue (TTM) | $34.71B |
| Gross Profit (TTM) | $8.95B |
| EBITDA | $5.02B |
| Operating Margin | 11.90% |
| Return on Equity | 21.10% |
| Return on Assets | 7.00% |
| Revenue/Share (TTM) | $251.32 |
| Book Value | $89.42 |
| Price-to-Book | 4.63 |
| Price-to-Sales (TTM) | 1.78 |
| EV/Revenue | 1.833 |
| EV/EBITDA | 11.16 |
| Quarterly Earnings Growth (YoY) | 4.70% |
| Quarterly Revenue Growth (YoY) | 9.40% |
| Shares Outstanding | $137.66M |
| Float | $137.08M |
| % Insiders | 0.21% |
| % Institutions | 87.85% |
Volatility is currently expanding

Cummins NYSE: CMI reported record third-quarter profitability as demand for truck engines and data center power equipment lifted revenue, but the company narrowed its full-year sales outlook after pickup truck demand fell short of expectations.

Cummins cuts its 2026 revenue outlook amid pickup truck weakness, while surging data center demand, shipment recovery and capacity expansion support growth.

While the top- and bottom-line numbers for Cummins (CMI) give a sense of how the business performed in the quarter ended September 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Cummins (CMI) came out with quarterly earnings of $7.71 per share, missing the Zacks Consensus Estimate of $8.38 per share. This compares to earnings of $5.59 per share a year ago.

The London Company Income Equity portfolio declined 3.4% (-3.6% net) during the quarter vs. a 1.8% increase in the Russell 1000 Index. Top 3 contributors to relative performance include Chevron Corporation, Nintendo Co and BlackRock. Top 3 detractors from relative performance include Corning, Cummins and Dominion Energy.

COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) today reported results for the third quarter of 2026. “We delivered record EBITDA and earnings per share in the third quarter, led by continued strength in our Power Systems business,” said Jennifer Rumsey, Chair and CEO of Cummins. “Global demand for power generation equipment remains exceptionally strong, driven by data center buildout. While the U.S. medium- and heavy-duty truck markets strengthened, customer orders in the pickup truc.

CMI Q3 earnings outlook signals strong growth from data center demand and truck markets, but elevated capex and other risks warrant caution before buying.

Beyond analysts' top-and-bottom-line estimates for Cummins (CMI), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2026.

Cummins (CMI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Tiblio connects your broker and runs your put-and-call-writing strategy for you — on CMI and any ticker you trade — then tracks every position and per-strategy win rate.