Cummins annual return on equity
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Cummins Return on Equity (ROE) Growth & History (CMI)
Cummins's return on equity was 26.15% for fiscal 2025.
View full Cummins company overviewCummins annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 26.15% | −16.41 pp |
| 2024 | 2024-12-31 | 42.55% | +33.13 pp |
| 2023 | 2023-12-31 | 9.42% | −16.08 pp |
| 2022 | 2022-12-31 | 25.50% | −1.20 pp |
| 2021 | 2021-12-31 | 26.70% | +3.44 pp |
| 2020 | 2020-12-31 | 23.26% | −7.27 pp |
| 2019 | 2019-12-31 | 30.54% | +0.59 pp |
| 2018 | 2018-12-31 | 29.94% | +15.88 pp |
| 2017 | 2017-12-31 | 14.07% | −6.33 pp |
| 2016 | 2016-12-31 | 20.39% | +0.99 pp |
| 2015 | 2015-12-31 | 19.40% | −3.35 pp |
| 2014 | 2014-12-31 | 22.75% | +0.25 pp |
| 2013 | 2013-12-31 | 22.50% | −6.24 pp |
| 2012 | 2012-12-31 | 28.74% | −9.56 pp |
| 2011 | 2011-12-31 | 38.30% | +13.66 pp |
| 2010 | 2010-12-31 | 24.64% | +12.42 pp |
| 2009 | 2009-12-31 | 12.22% | −9.55 pp |
| 2008 | 2008-12-31 | 21.77% | — |
Cummins quarterly return on equity
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Q2.26
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 7.68% | −0.49 pp |
| Q1 2026 | 2026-03-31 | 5.51% | −2.51 pp |
| Q4 2025 | 2025-12-31 | 5.08% | +0.76 pp |
| Q3 2025 | 2025-09-30 | 4.69% | −3.80 pp |
| Q2 2025 | 2025-06-30 | 8.17% | +0.09 pp |
| Q1 2025 | 2025-03-31 | 8.02% | −14.62 pp |
| Q4 2024 | 2024-12-31 | 4.32% | +18.60 pp |
| Q3 2024 | 2024-09-30 | 8.49% | +1.91 pp |
| Q2 2024 | 2024-06-30 | 8.08% | +0.69 pp |
| Q1 2024 | 2024-03-31 | 22.64% | +13.97 pp |
| Q4 2023 | 2023-12-31 | −14.28% | −21.70 pp |
| Q3 2023 | 2023-09-30 | 6.57% | +1.79 pp |
| Q2 2023 | 2023-06-30 | 7.38% | −0.85 pp |
| Q1 2023 | 2023-03-31 | 8.67% | +3.57 pp |
| Q4 2022 | 2022-12-31 | 7.42% | +2.49 pp |
| Q3 2022 | 2022-09-30 | 4.78% | −2.01 pp |
| Q2 2022 | 2022-06-30 | 8.23% | +0.57 pp |
| Q1 2022 | 2022-03-31 | 5.10% | −2.45 pp |
| Q4 2021 | 2021-12-31 | 4.93% | −1.54 pp |
| Q3 2021 | 2021-10-03 | 6.78% | +0.02 pp |
| Q2 2021 | 2021-07-04 | 7.66% | +3.89 pp |
| Q1 2021 | 2021-04-04 | 7.56% | +0.31 pp |
| Q4 2020 | 2020-12-31 | 6.47% | +2.58 pp |
| Q3 2020 | 2020-09-27 | 6.77% | −0.89 pp |
| Q2 2020 | 2020-06-28 | 3.77% | −4.74 pp |
| Q1 2020 | 2020-03-29 | 7.25% | −1.58 pp |
| Q4 2019 | 2019-12-31 | 3.89% | −4.50 pp |
| Q3 2019 | 2019-09-29 | 7.66% | −1.98 pp |
| Q2 2019 | 2019-06-30 | 8.51% | +0.97 pp |
| Q1 2019 | 2019-03-31 | 8.82% | +4.39 pp |
| Q4 2018 | 2018-12-31 | 8.39% | +12.54 pp |
| Q3 2018 | 2018-09-30 | 9.63% | +3.59 pp |
| Q2 2018 | 2018-07-01 | 7.54% | +1.52 pp |
| Q1 2018 | 2018-04-01 | 4.44% | −1.33 pp |
| Q4 2017 | 2017-12-31 | −4.15% | −9.89 pp |
| Q3 2017 | 2017-10-01 | 6.04% | +1.69 pp |
| Q2 2017 | 2017-07-02 | 6.02% | −0.18 pp |
| Q1 2017 | 2017-04-02 | 5.77% | +1.12 pp |
| Q4 2016 | 2016-12-31 | 5.74% | +3.39 pp |
| Q3 2016 | 2016-10-02 | 4.35% | −0.68 pp |
| Q2 2016 | 2016-07-03 | 6.20% | −0.18 pp |
| Q1 2016 | 2016-04-03 | 4.65% | −0.58 pp |
| Q4 2015 | 2015-12-31 | 2.35% | −3.68 pp |
| Q3 2015 | 2015-09-27 | 5.02% | −0.63 pp |
| Q2 2015 | 2015-06-28 | 6.38% | +0.14 pp |
| Q1 2015 | 2015-03-29 | 5.23% | +0.41 pp |
| Q4 2014 | 2014-12-31 | 6.03% | −0.29 pp |
| Q3 2014 | 2014-09-28 | 5.65% | +0.23 pp |
| Q2 2014 | 2014-06-29 | 6.23% | −0.37 pp |
| Q1 2014 | 2014-03-30 | 4.82% | +0.11 pp |
| Q4 2013 | 2013-12-31 | 6.31% | +0.23 pp |
| Q3 2013 | 2013-09-29 | 5.42% | −0.46 pp |
| Q2 2013 | 2013-06-30 | 6.60% | −1.57 pp |
| Q1 2013 | 2013-03-31 | 4.71% | −3.55 pp |
| Q4 2012 | 2012-12-31 | 6.09% | −5.61 pp |
| Q3 2012 | 2012-09-30 | 5.88% | −3.22 pp |
| Q2 2012 | 2012-07-01 | 8.17% | −1.90 pp |
| Q1 2012 | 2012-04-01 | 8.26% | +1.07 pp |
| Q4 2011 | 2011-12-31 | 11.70% | +3.53 pp |
| Q3 2011 | 2011-09-25 | 9.10% | +2.10 pp |
| Q2 2011 | 2011-06-26 | 10.07% | +3.66 pp |
| Q1 2011 | 2011-03-27 | 7.19% | +3.25 pp |
| Q4 2010 | 2010-12-31 | 8.16% | +0.80 pp |
| Q3 2010 | 2010-09-26 | 7.00% | +4.26 pp |
| Q2 2010 | 2010-06-27 | 6.41% | +4.72 pp |
| Q1 2010 | 2010-03-28 | 3.94% | — |
| Q4 2009 | 2009-12-31 | 7.36% | — |
| Q3 2009 | 2009-09-27 | 2.74% | — |
| Q2 2009 | 2009-06-28 | 1.70% | — |
Cummins return on equity trends
Over the last five fiscal years, Cummins's return on equity increased from 23.26% to 26.15%, a change of +2.88 percentage points. The latest reported quarter, Q2 2026, shows 7.68%.
About the metric
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
Calculation and source
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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