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Cummins CMI Asset turnover

Asset turnover at other companies

Caterpillar logo
CaterpillarCAT
0.8×0.0×
Generac Holdings logo
Generac HoldingsGNRC
0.8×0.0×
Paccar logo
PaccarPCAR
0.6×-0.1×
Wabtec logo
WabtecWAB
0.5×0.0×
TransDigm Group logo
TransDigm GroupTDG
0.4×0.0×
Eaton Corporation logo
Eaton CorporationETN
0.6×0.0×

Other financials

Income statement

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Revenue$8.4B+2.7%
Gross profit$2.2B+4.1%
Operating income$949.0M-16.3%
Net income$680.0M-20.0%
EPS (diluted)$4.71-21.0%

Balance sheet

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Cash & equivalents$2.6B+70.6%
Total debt$8.0B+25.0%
Total equity$12.4B+13.1%
Total assets$34.4B+5.9%

Cash flow

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Operating cash flow$309.0M+10,400%
CapEx$189.0M+16.7%
Free cash flow$120.0M+173%

Valuation

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Market cap$98.92B+72.5%
Enterprise value$104.33B+66.2%
P/E35.5×+15.6×
P/S2.9×+1.2×

Profitability

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Gross margin25.4%+0.1pp
Operating margin11.3%-0.4pp
Net margin8.2%-0.3pp

Returns & leverage

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Return on equity23.9%-5.0pp
Debt / equity0.6×+0.1×
Current ratio1.7×+0.4×

Where this comes from

Calculated from Cummins’s reported figures.

Based on trailing twelve months.

The official record: Cummins’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Cummins's asset turnover?
Cummins (CMI) reported asset turnover of 1× in Q1 2026.
How has Cummins's asset turnover changed year-over-year?
Cummins's asset turnover decreased by 3.8% year-over-year, from 1.1× to 1×.
What is the long-term trend for Cummins's asset turnover?
Over 4 years (2021 to 2025), Cummins's asset turnover has grown at a -0.2% compound annual growth rate (CAGR), from 4.2× to 4.1×.
What does asset turnover mean?
How many sales dollars the company generates from each dollar of assets.
How do you interpret asset turnover?
Higher turnover means a more sales-efficient asset base. Low-margin businesses (retail, distribution) compete on high turnover; high-margin ones (software, luxury) on margin.
How does asset turnover compare across companies?
Compare within an industry — turnover differences across sectors reflect business models, not performance.