Net Income for Cummins (CMI)
According to Cummins's latest reported financial statements, the company's current net income (TTM) is $2.84B USD. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
CMI
Currently viewingNet IncomeSwitch metric
TTM (last 4 quarters)
$2.84B
YoY change
-28.0%
5Y CAGR
+9.7%
Peak year (2024)
$3.95B
Cumulative net income
$33.66B
Net Income history chart for Cummins (CMI) from 1985 to 2025
Net Income history table for Cummins (CMI) from 1985 to 2025
| Fiscal year | Period ended | Reported | Net Income | YoY |
|---|---|---|---|---|
| 2025 | $2.84B | -28.0% | ||
| 2024 | $3.95B | +436.9% | ||
| 2023 | $735.00M | -65.8% | ||
| 2022 | $2.15B | +0.9% | ||
| 2021 | $2.13B | +19.1% | ||
| 2020 | $1.79B | -20.8% | ||
| 2019 | $2.26B | +5.6% | ||
| 2018 | $2.14B | +114.3% | ||
| 2017 | $999.00M | -28.3% | ||
| 2016 | $1.39B | -0.4% | ||
| 2015 | $1.40B | -15.3% | ||
| 2014 | $1.65B | +11.3% | ||
| 2013 | $1.48B | -9.8% | ||
| 2012 | $1.65B | -11.0% | ||
| 2011 | $1.85B | +77.7% | ||
| 2010 | $1.04B | +143.0% | ||
| 2009 | $428.00M | -43.3% | ||
| 2008 | $755.00M | +2.2% | ||
| 2007 | $739.00M | +3.4% | ||
| 2006 | $715.00M | +30.0% | ||
| 2005 | $550.00M | +57.1% | ||
| 2004 | $350.00M | +600.0% | ||
| 2003 | $50.00M | -39.0% | ||
| 2002 | $82.00M | -180.4% | ||
| 2001 | -$102.00M | -1375.0% | ||
| 2000 | $8.00M | -95.0% | ||
| 1999 | $160.00M | -861.9% | ||
| 1998 | -$21.00M | -109.9% | ||
| 1997 | $212.00M | +32.5% | ||
| 1996 | $160.00M | -28.6% | ||
| 1995 | $224.00M | -11.4% | ||
| 1994 | $252.90M | +42.8% | ||
| 1993 | $177.10M | -193.5% | ||
| 1992 | -$189.50M | +188.9% | ||
| 1991 | -$65.60M | -60.3% | ||
| 1990 | -$165.10M | +2606.6% | ||
| 1989 | -$6.10M | -90.4% | ||
| 1988 | -$63.40M | -556.1% | ||
| 1987 | $13.90M | -113.0% | ||
| 1986 | -$107.30M | -312.9% | ||
| 1985 | $50.40M | — |
Net Income values are taken from Cummins's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
2025's annual net income for Cummins (CMI) came in at $2.84B – declined 28.0% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Cummins net income compounded at +9.7% per year, with the latest reading among the more recent periods of the dataset.
Cummins net income declined from $3.95B in 2024 to $2.84B in 2025, a 28.0% drawdown.
Across the available history, net income reached its high of $3.95B in 2024 and its low of -$189.50M in 1992.
Within Industrials, Cummins (CMI) ranks 8th among 8 peers we track. The peer median for net income is $5.88B.
Cummins Net Income by Year
Cummins Net Income 2025: $2.84B
Cummins net income in 2025 was $2.84B, declined 28.0% below 2024.
Cummins Net Income 2024: $3.95B
Cummins net income in 2024 was $3.95B, surged 436.9% from 2023. This figure represents the highest annual value in the available history.
Cummins Net Income 2023: $735.00M
Cummins net income in 2023 was $735.00M, plunged 65.8% below 2022.
Cummins Net Income 2022: $2.15B
Cummins net income in 2022 was $2.15B, edged up 0.9% from 2021.
Cummins Net Income 2021: $2.13B
Cummins net income in 2021 was $2.13B.
See more financial history for Cummins (CMI).
Sector peers — Net Income
Companies in the same sector as Cummins, ranked by their latest net income.
| Company | Net Income | Sector |
|---|---|---|
| Caterpillar Inc. (CAT) | $8.87B | Industrials |
| GE Aerospace (GE) | $8.70B | Industrials |
| Union Pacific Corporation (UNP) | $7.14B | Industrials |
| RTX Corporation (RTX) | $6.73B | Industrials |
| Deere & Company (DE) | $5.03B | Industrials |
| Honeywell International Inc. (HON) | $4.73B | Industrials |
| Eaton Corporation plc (ETN) | $4.09B | Industrials |
| The Boeing Company (BA) | $2.23B | Industrials |
Frequently asked questions
What is Cummins's net income?
- Latest reported net income for Cummins (CMI) is $2.84B (period ending December 31, 2025).
How has Cummins net income changed year-over-year?
- Cummins (CMI) net income changed -28.0% year-over-year on the latest annual filing.
What is the long-term growth rate of Cummins net income?
- Cummins (CMI) net income compound annual growth rate is +9.7% over the most recent 5 years available.
When did Cummins net income hit its highest annual value?
- Cummins net income reached its highest annual value of $3.95B in 2024.
What was Cummins net income in 2024?
- Cummins (CMI) net income in 2024 was $3.95B.
What was Cummins net income in 2025?
- Cummins (CMI) net income in 2025 was $2.84B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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