CUMMINS INC.

CMICIK 000002617219 fiscal years

RevenueFY2025

$33.67B1.3%

Net incomeFY2025

$2.84B28.0%

Free cash flowFY2025

$2.39B755.2%

Diluted EPSFY2025

$20.5027.7%

Trends

FY2007–FY2025 · hover a year for its filing

Revenue & net incomeRevenueNet income

revenue 2.6× since FY2007 · net margin 5.7% → 8.4%

MarginsNet marginFCF margin

FY2025: net 8.4% · free cash flow 7.1% of revenue

Cash flowOperating cash flowFree cash flow

FY2025: $3.62B operating cash − $1.24B capex = $2.39B free cash flow

Returns on capitalReturn on equityReturn on assets

return on equity 23% (FY2008) → 23% (FY2025) · on assets 8.4%

Balance sheetLiabilitiesEquity

FY2025: $33.99B assets · $20.58B liabilities · $12.35B equity

Financial statements

Annual Quarterly

USD millions, except per-share values; share counts in millions. Hover a value for its XBRL tag and filing accession.

USD millions	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014
Revenue	33,670	34,102	34,065	28,074	24,021	19,811	23,571	23,771	20,428	17,509	19,110	19,221
Net income	2,843	3,946	735	2,151	2,131	1,789	2,260	2,141	999	1,394	1,399	1,651
Diluted EPS	20.50	28.37	5.15	15.12	14.61	12.01	14.48	13.15	5.97	8.23	7.84	9.02
Diluted shares	139	139	143	142	146	149	156	163	167	169	178	183
Operating cash flow	3,621	1,487	3,966	1,962	2,256	2,722	3,181	2,378	2,277	1,939	2,065	2,266
Capital expenditures	1,235	1,208	1,213	916	734	528	700	709	506	531	744	743
Free cash flow	2,386	279	2,753	1,046	1,522	2,194	2,481	1,669	1,771	1,408	1,321	1,523
Cash & equivalents	2,845	1,671	2,179	2,101	2,592	3,401	1,129	1,303	1,369	1,120	1,711	2,301
Total assets	33,992	31,540	32,005	30,299	23,710	22,624	19,737	19,062	18,075	15,011	15,134	15,764
Total liabilities	20,584	20,232	22,101	20,074	14,309	13,635	11,272	10,803	9,911	7,837	7,384	7,671
Shareholders' equity	12,349	10,271	8,850	8,975	8,146	8,062	7,507	7,348	7,259	6,875	7,406	7,749

As reported in SEC filings; a missing tag shows “—”, never zero. Free cash flow is operating cash flow − capex. Methodology