Cummins (NYSE: CMI) net income
Cummins reported a net profit of $2,957m for fiscal 2025, 27.3% less than in fiscal 2024 ($4,068m). Its net margin was 8.8%. Earnings per share were $20.62.
Net income by fiscal year
| Fiscal year | Net income | Change | Net margin | Earnings per share |
|---|---|---|---|---|
| 2025 | $2,957m | −27.3% | 8.8% | $20.62 |
| 2024 | $4,068m | +384.3% | 11.9% | $28.55 |
| 2023 | $840.0m | −61.5% | 2.5% | $5.19 |
| 2022 | $2,183m | +0.9% | 7.8% | $15.20 |
| 2021 | $2,164m | +19.5% | 9.0% | $14.74 |
| 2020 | $1,811m | −20.1% | 9.1% | $12.07 |
| 2019 | $2,268m | +3.7% | 9.6% | $14.54 |
| 2018 | $2,187m | +120.0% | 9.2% | $13.20 |
| 2017 | $994.0m | −31.7% | 4.9% | $5.99 |
| 2016 | $1,456m | — | 8.3% | $8.25 |
The change compares each fiscal year with the one before and is not calculated when the previous year closed with a loss. Net margin is net income over revenue from the same filing. Figures are in millions of US dollars, except per-share amounts.
Questions about the net income of Cummins
- How much did Cummins earn in fiscal 2025?
- Cummins reported a net profit of $2,957m for fiscal 2025. In fiscal 2024 it reported a net profit of $4,068m.
- What are the earnings per share of Cummins?
- They were $20.62 in fiscal 2025, compared with $28.55 in fiscal 2024.
- What is the net margin of Cummins?
- In fiscal 2025 its net profit was 8.8% of its revenue.
- What was the most profitable year for Cummins?
- Of its last 10 fiscal years, fiscal 2024, with $4,068m.
- Where do the figures for Cummins come from?
- From the annual report (Form 10-K) that Cummins files with the SEC, the US securities regulator. Each fiscal year links to its filing.
Where each figure comes from
From the annual report (Form 10-K) that Cummins files with the SEC. The filing for each fiscal year: 2025 · 2024 · 2023 · 2022 · 2021 · 2020 · 2019 · 2018 · 2017 · 2016. More on Cummins: the Cummins page · annual accounts · revenue · dividends paid · insider transactions.
Dividend per share of Cummins by fiscal year, with the filing behind every figure: Cummins dividend history.
Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.