Cummins (CMI) Stock Buyback History
TTM buyback yield N/A.
Cummins
CMI
TTM buyback yield
N/A
Shareholder yield (TTM)
N/A
5Y share count change
-6.9%
TTM buyback spend
N/A
SBC coverage (TTM)
N/A
Diluted vs basic shares (annual)
Weighted average shares from the income statement: diluted (EPS denominator and typical buyback-yield basis) compared with basic.
Shares outstanding (annual)
Year-over-year change in diluted weighted average shares (industry-standard for EPS and per-share capital return). Green is fewer shares vs the prior fiscal year; red is growth (dilution). The earliest year shown has no prior year to compare.
Dividend & buyback yield
Buybacks vs stock-based compensation
TTM coverage: N/A (buybacks ÷ SBC). Bars are fiscal-year totals.
Buyback spending history
| Year | Buybacks | SBC | Net | Shares (dil.) | YoY shares | Buyback yield |
|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | 0.14B | -0.3% | — |
| 2024 | $0.00 | $0.00 | $0.00 | 0.14B | -2.5% | — |
| 2023 | $0.00 | $0.00 | $0.00 | 0.14B | 0.3% | — |
| 2022 | $374.00M | $33.00M | $341.00M | 0.14B | -2.5% | 1.09% |
| 2021 | $1.40B | $37.00M | $1.36B | 0.15B | -2.1% | 4.51% |
| 2020 | $641.00M | $31.00M | $610.00M | 0.15B | -4.5% | 1.91% |
| 2019 | $1.27B | $49.00M | $1.22B | 0.16B | -4.1% | 4.69% |
| 2018 | $1.14B | $53.00M | $1.09B | 0.16B | -2.7% | 5.43% |
| 2017 | $451.00M | $41.00M | $410.00M | 0.17B | -1.2% | 1.54% |
| 2016 | $778.00M | $32.00M | $746.00M | 0.17B | -5.1% | 3.40% |
| 2015 | $900.00M | $24.00M | $876.00M | 0.18B | -2.6% | 5.83% |
| 2014 | $670.00M | $36.00M | $634.00M | 0.18B | -2.3% | 2.57% |
| 2013 | $381.00M | $37.00M | $344.00M | 0.19B | -1.2% | 1.46% |
| 2012 | $256.00M | $36.00M | $220.00M | 0.19B | -2.0% | 1.25% |
| 2011 | $629.00M | $42.00M | $587.00M | 0.19B | -1.8% | 3.75% |
| 2010 | $241.00M | $22.00M | $219.00M | 0.20B | -0.3% | 1.12% |
| 2009 | $20.00M | $20.00M | $0.00 | 0.20B | 0.6% | 0.22% |
| 2008 | $128.00M | $28.00M | $100.00M | 0.20B | -1.6% | 2.46% |
| 2007 | $335.00M | $28.00M | $307.00M | 0.20B | -0.8% | 2.67% |
| 2006 | $121.00M | $18.00M | $103.00M | 0.20B | 0.7% | 2.05% |
| 2005 | $38.00M | $16.00M | $22.00M | 0.20B | 5.5% | 0.83% |
| 2004 | $0.00 | $16.00M | −$16.00M | 0.19B | 19.9% | — |
| 2003 | $0.00 | $0.00 | $0.00 | 0.16B | 1.8% | — |
| 2002 | $0.00 | $0.00 | $0.00 | 0.16B | 1.7% | — |
| 2001 | $0.00 | $0.00 | $0.00 | 0.15B | -4.6% | — |
| 2000 | $16.00M | $0.00 | $16.00M | 0.16B | 3.3% | — |
| 1999 | $34.00M | $0.00 | $34.00M | 0.15B | 1.5% | — |
| 1998 | $14.00M | $0.00 | $14.00M | 0.15B | -1.3% | — |
| 1997 | $75.00M | $0.00 | $75.00M | 0.15B | -3.0% | — |
| 1996 | $34.00M | $0.00 | $34.00M | 0.16B | — | — |
| 1995 | $69.00M | $0.00 | $69.00M | — | — | — |
| 1994 | $4.30M | $0.00 | $4.30M | — | — | — |
| 1993 | $0.00 | $0.00 | $0.00 | — | — | — |
| 1992 | $0.00 | $0.00 | $0.00 | — | — | — |
| 1991 | $0.00 | $0.00 | $0.00 | — | — | — |
| 1990 | $67.30M | $0.00 | $67.30M | — | — | — |
| 1989 | $0.00 | $0.00 | $0.00 | — | — | — |
Buybacks vs dividends (share of cash returned)
Buyback capacity (TTM)
TTM buybacks vs headroom (FCF − dividends, TTM)0% of headroom
Headroom $1.33B (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Does Cummins buy back its own stock?
- Yes, Cummins (CMI) has repurchased shares in recent periods. See the history table and charts on this page for amounts and trends.
Is Cummins diluting shareholders?
- Compare stock-based compensation (SBC) to buybacks in the chart above. Net effect varies by year; see annual buyback vs SBC bars and the history table.
How has Cummins's share count changed?
- Diluted weighted average shares changed by about -6.9% over roughly five fiscal years (annual income statement data).