The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

CMI

Concerning the House

Cummins Inc. offers various power solutions worldwide. The company operates through five segments: Engine, Distribution, Components, Power Systems, and Accelera. It offers diesel and natural gas-powered engines; and drivetrain systems, including axles, drivelines, brakes, and suspension systems; and on- and off-highway, and other products. The company also provides aftertreatment technology and solutions comprising custom engineering systems and integrated controls, oxidation catalysts, particulate filters, and selective catalytic reduction systems, as well as engineered components, including dosers; turbochargers, fuel systems, and valvetrain technologies; electronic control modules, sensors, and supporting software; and automated manual transmissions, and automatic transmissions for internal combustion engines. In addition, it sells and offers support services power generation systems, high-horsepower engines, and heavy-duty and medium-duty engines; offers application engineering services, custom-designed assemblies, and in-shop and field-based repair services; and retail and wholesale aftermarket parts. Further, the company offers standby and prime power generators, controls, paralleling systems, and transfer switches; turnkey solutions for distributed generation and energy management applications using natural gas, diesel, battery energy storage systems, and newer alternative sustainable fuels; diesel and natural gas high-speed, high-horsepower engines; and A/C generator/alternator products. Additionally, it provides electrified power systems, including batteries, fuel cells, and electric powertrain technologies. It 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.

United States · www.cummins.com

The Long Run

FY 2009–2025 · 17 years

LineLatestCAGRTrend
Revenue$34.06B+7.4%
Gross profit$8.44B+7.8%
Operating income$4.03B+11.7%
Net income$1.04B+37.7%
Cash from ops$3.62B+11.1%
Quotation

$631.61

-6.24 (-1.0%)

52w hi$727.59
52w lo$387.92
Vol559.85K
As ofAug 13
The Verdict

Hold

Our score +0.02

Short-0.04
Medium+0.03
Long+0.11

computed 2026-08-13

By the Numbers

Cummins Inc.

Industrials · Specialty Industrial Machinery

Market cap$87.16B
Enterprise value$93.23B
Trailing P/E32.26x
Forward P/E18.29x
EV / EBITDA18.57x
P / S (ttm)2.51x
Profit margin7.8%
Return on equity21.1%
Revenue growth+9.4%
Earnings growth+4.7%
Debt / equity59.59
Risk Metrics
Beta vs SPX1.32
Corr SPX0.65
Annual vol33.2%
Annual ret+43.2%
Sharpe1.30
Max DD-30.8%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.24
Sector+0.07
Technical+0.02
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$640.26$641.17$629.61$631.61559.85K
Aug 12$648.00$649.95$636.01$637.85800.00K
Aug 11$640.11$648.64$632.04$632.95496.80K
Aug 10$649.37$653.00$632.39$634.82679.60K
Aug 7$649.71$650.29$636.94$644.26963.70K