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Cummins CMI Inventory turnover

Inventory turnover at other companies

Paccar logo
PaccarPCAR
353.9×+58.0×
Wabtec logo
WabtecWAB
2.9×-0.1×
TransDigm Group logo
TransDigm GroupTDG
1.6×0.0×
Eaton Corporation logo
Eaton CorporationETN
3.8×0.0×
Parker-Hannifin logo
Parker-HannifinPH
4.4×0.0×
Woodward logo
WoodwardWWD
4.3×+0.2×

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$99.05B+72.5%
Enterprise value$104.46B+66.2%
P/E35.5×+15.7×
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 inventory turnover?
Cummins (CMI) reported inventory turnover of 4.1× in Q1 2026.
How has Cummins's inventory turnover changed year-over-year?
Cummins's inventory turnover decreased by 3.1% year-over-year, from 4.3× to 4.1×.
What is the long-term trend for Cummins's inventory turnover?
Over 4 years (2021 to 2025), Cummins's inventory turnover has grown at a -2.1% compound annual growth rate (CAGR), from 18.2× to 16.8×.
What does inventory turnover mean?
How many times a year the company sells through and restocks its inventory.
How do you interpret inventory turnover?
Higher turnover ties up less cash in stock and reduces obsolescence risk, but too high can signal stock-outs and lost sales. Read against peers and the company's own history.
How does inventory turnover compare across companies?
Only meaningful for businesses that carry inventory; automatically null for asset-light and financial firms with no inventory line.