What is the 13F Pro Quality Score for CMI?

13F Pro ranks CUMMINS INC (CMI) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View CMI's current score at https://13fpro.ai/company/CMI (free sign-up required for the full ranking).

Where does 13F Pro source CMI data?

All CUMMINS INC fundamentals and ownership data come directly from SEC EDGAR. CUMMINS INC files with the SEC under CIK 26172. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

What sector is CMI in?

CUMMINS INC (CMI) is classified in the Industrials sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/industrials.

What drives CMI's revenue?

Per CUMMINS INC's latest 10-Q filed with the SEC on 2026-08-04, the biggest revenue drivers are: Distribution ($3,320M, +9% YoY); Components ($2,431M, +6% YoY); Engine ($2,349M, +9% YoY). Figures are extracted from the filing text and machine-verified against the document. Full breakdown at https://13fpro.ai/company/CMI.

What are CMI's largest expenses?

CUMMINS INC's latest 10-Q reports these as the largest expense items: Cost of sales ($6,992M, -10% vs 2025 on volumetric basis); Selling, general and administrative expenses ($893M, +15% YoY); Research, development and engineering expenses ($385M, +8% YoY). Sourced directly from SEC EDGAR filing text for Q2 2026 (quarter ended June 30, 2026).

How often is CMI research updated on 13F Pro?

CMI's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

CUMMINS INC(CMI)Stock Analysis

AI analysis on 2,800+ stocks →Deep AI analysis on 2,800+ stocks →

Industrials →NYSElarge

Institutional-grade research for retail investors

SEC EDGAR: CIK 26172 CMI stock profile & AI dashboard →

13F Pro Quality Score

58.1/100

Rank #1,038 of 2,961 stocksTOP 50%

View Industrials peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.

Revenue Growth

26.4/100

Profitability

50.7/100

Balance Sheet

75.9/100

Earnings Quality

70.9/100

Free Cash Flow

55.1/100

Institutional Flow

59.0/100

Revenue Scale

95.5/100

Dilution Risk

83.1/100

Email me the moment this company reports earnings

AI Research Report

Two-page plain-English analysis: business, thesis, and three scenarios for the next two years. Refreshed every quarter.

Upgrade to Pro

Pro: 5 reports/month · Pro+: unlimitedOpinion, not investment advice. Do your own research.

Why CMI Scores 58/100

exact factor attribution · 2026-09-11

CMI's composite is driven by scale and capital efficiency, held back by revenue growth and earnings growth. Bars show each factor's exact push vs. a median company, using the same weights the ranking engine applies.

Scale

+6.8 pts

96th pct

Capital efficiency

+2.6 pts

76th pct

Earnings quality

+2.1 pts

71th pct

Shareholder dilution

+1.6 pts

83th pct

Free cash flow

+0.8 pts

55th pct

Institutional flow

+0.5 pts

59th pct

Profitability

+0.1 pts

51th pct

Earnings growth

-1.7 pts

17th pct

Revenue growth

-4.7 pts

26th pct

Latest change (2026-08-04): 59 → 59 · ↑ Earnings growth 22→55; despite ↓ Free cash flow 49→33

Factor percentiles are cross-sectional ranks across the ~2,800-stock scored universe, computed from SEC EDGAR filings. Not investment advice.

CMI Stock Analysis & AI Quality Score

Data updated 2026-09-11

AI stock analysis and institutional research for CUMMINS INC (CMI), a Industrials sector company. 13F Pro's AI-powered ranking engine scores CMI at 58.1/100 on a 32-signal composite quality model, placing it at rank #1,038 of 2,961 stocks — the top half of the AI-ranked universe. CMI scores in the top quartile across revenue scale (95.5), balance sheet strength (75.9). Areas of concern include revenue growth (26.4), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q2 2026), CUMMINS INC reports quarterly revenue of $9.5B, net income of $968.0M, an operating margin of 13.5%. Top institutional holders of CMI by reported 13-F value include BlackRock, VANGUARD CAPITAL MANAGEMENT, VANGUARD PORTFOLIO MANAGEMENT, based on the most recent SEC filings. CMI trades on the NYSE exchange and files with the SEC under CIK 26172. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate CMI daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for CUMMINS INC directly from SEC EDGAR. CUMMINS INC's 13F Pro composite quality score has ranged between 51 and 76 since 2021, currently 58.1 — a stable long-term trajectory across 68 quarterly and live scoring snapshots.

✦

Fun facts about CUMMINS INC

Quirks, history, and lore behind CMI — the kind of stuff that makes a stock memorable.

1
The Basics
U.S. industrial company · mid-to-large cap · listed on the NYSE · headquartered in a small city in Indiana.
2
The Numbers
Annual revenue in the range of $30 billion, with operations spanning 190+ countries — not bad for a company most people have never heard of.
3
The History
Founded in 1919, it grew out of the early days of the internal combustion engine boom and has been powering heavy machinery ever since.
4
The Secret
It's been quietly pivoting from diesel power toward hydrogen and electrification, betting its next century looks very different from its first.
5
The Lore
Its hometown of Columbus, Indiana — population roughly 50,000 — is an unlikely mecca of world-class architecture, largely thanks to this company's patronage over decades.
6
The Giveaway
If there's a big rig, generator, or excavator rumbling somewhere on earth, there's a good chance the engine under the hood has this Indiana company's name stamped on it.

▶ Think you know your stocks? Play the Daily Ticker

What's Driving CMI's Business? Latest 10-Q Breakdown

✓ 30/30 datapoints verified

AI-extracted from CUMMINS INC's 10-Q filed 2026-08-04 — Q2 2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

Cummins' Q2 2026 net sales reached $9.5B (+9% YoY) driven by strong power generation demand in data centers, though net income fell 7% YTD to $1.6B due to a $199M fuel cell business exit charge.

Biggest Revenue Drivers

Distribution$3,320M+9% YoY

Higher demand for power generation equipment, especially in North America data center applications.

Components$2,431M+6% YoY

Higher emission solutions demand in China and North America; increased components and software sales.

Biggest Revenue Drivers

Total revenue: $9,457M+9% YoY

Distribution$3,320M+9% YoY

Higher demand for power generation equipment, especially in North America data center applications.

Components$2,431M+6% YoY

Higher emission solutions demand in China and North America; increased components and software sales.

Engine$2,349M+9% YoY

Higher medium-duty truck demand and off-highway construction sales, especially in China.

Power Systems$1,217M+15% YoY

Increased power generation sales from higher demand in China and North America.

Accelera$140M+43% YoY

Higher sales of electrified powertrains and electrolyzers.

Largest Expense Items

Cost of sales$6,992M-10% vs 2025 on volumetric basis

Higher volumes and favorable pricing offset increased compensation and freight costs.

Selling, general and administrative expenses$893M+15% YoY

Higher compensation expenses and increased consulting costs.

Research, development and engineering expenses$385M+8% YoY

Higher compensation expenses offset by Accelera restructuring reductions.

Other operating expense, net$62M+68% YoY

Q2 2026 immaterial; six-month figure includes $199M loss on fuel cell business sale and settlement.

Margins: Gross margin remained flat at 26.4% for six months YTD despite higher volumes and favorable pricing, as increased compensation expenses and product coverage costs offset gains. Operating margin compressed 0.5 percentage points to 12.5% in Q2, driven by higher SG&A spending on compensation and consulting.

Watch Items from the Filing

Accelera segment posted $69M EBITDA loss in Q2 2026 and $346M loss YTD; company exited low-pressure fuel cell business in Q1 2026 with $199M net charge. Slower adoption of zero-emission solutions and restructuring signal ongoing near-term losses.
Global tariffs, trade disruptions and geopolitical tensions create material uncertainty. Company states tariff net impact was immaterial in H1 2026 but acknowledges potential for significant adverse effects if tariffs escalate or persist.
EPA finalized repeal of GHG emission standards in February 2026 effective April 20, 2026. Company held $89M in GHG compliance credits at June 30, 2026; potential non-cash impairment if NHTSA removes credit compliance pathway.
Power Systems segment EBITDA surged 28% YoY in Q2 and 38% YTD, driven by data center power generation demand in China and North America. Strong operational leverage and favorable mix contributed to 24.5% EBITDA margin in Q2.
Company maintains strong liquidity with $3.9B cash/marketable securities and $4.0B revolving credit capacity. Debt-to-capital ratio improved to 35.6% at June 30, 2026 from 36.0% at year-end; Board increased quarterly dividend 10% to $2.20/share in July 2026.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-Q on SEC EDGAR →Share on X

Revenue

Q2 2026

$9.5B

Net Income

Q2 2026

$968.0M

Free Cash Flow

Q2 2026

$1.3B

Operating Margin

Q2 2026

13.5%

ROIC

Q2 2026

25.9%

D/E Ratio

Q2 2026

0.54

Period

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro

Revenue

-1.3% YoY

$33.67BFY 2025

FY22 $28.07BFY23 $34.06BFY24 $34.10BFY25 $33.67B

Operating Income

+7.3% YoY

$4.03BFY 2025

FY22 $2.93BFY23 $1.76BFY24 $3.75BFY25 $4.03B

EPS (Diluted)

-27.7% YoY

$20.50FY 2025

FY22 $15.12FY23 $5.15FY24 $28.37FY25 $20.50

Total Assets

+7.8% YoY

$33.99BFY 2025

FY22 $30.30BFY23 $32.01BFY24 $31.54BFY25 $33.99B

Total Debt

+26.5% YoY

$6.89BFY 2025

FY22 $5.07BFY23 $4.92BFY24 $5.44BFY25 $6.89B

Op. Cash Flow

+143.5% YoY

$3.62BFY 2025

FY22 $1.96BFY23 $3.97BFY24 $1.49BFY25 $3.62B

Free Cash Flow

+755.2% YoY

$2.39BFY 2025

FY22 $1.05BFY23 $2.75BFY24 $279.0MFY25 $2.39B

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$33.67B -1.3%	$34.10B +0.1%	$34.06B +21.3%	$28.07B +16.9%	$24.02B +21.3%	$19.81B
Operating Income	$4.03B +7.3%	$3.75B +112.9%	$1.76B -39.9%	$2.93B +8.2%	$2.71B +19.3%	$2.27B
EPS (Diluted)	$20.50 -27.7%	$28.37 +450.9%	$5.15 -65.9%	$15.12 +3.5%	$14.61 +21.6%	$12.01
Total Assets	$33.99B +7.8%	$31.54B -1.5%	$32.01B +5.6%	$30.30B +27.8%	$23.71B +4.8%	$22.62B
Total Debt	$6.89B +26.5%	$5.44B +10.7%	$4.92B -3.0%	$5.07B +39.4%	$3.64B -0.9%	$3.67B
Operating Cash Flow	$3.62B +143.5%	$1.49B -62.5%	$3.97B +102.1%	$1.96B -13.0%	$2.26B -17.1%	$2.72B
Free Cash Flow	$2.39B +755.2%	$279.0M -89.9%	$2.75B +163.2%	$1.05B -31.3%	$1.52B -30.6%	$2.19B

Get alerted when CMI's score changes

Free account: watchlist tracking, the daily AI brief, and the AI screener.

Passwordless sign-in · Payments by Stripe · Auth by Clerk

Available Research

13F Pro tracks comprehensive data for CUMMINS INC including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of CMI

BlackRock, Inc.
$8.2B11,503,261 sh
VANGUARD CAPITAL MANAGEMENT LLC
$6.4B9,010,359 sh
VANGUARD PORTFOLIO MANAGEMENT LLC
$5.4B7,534,991 sh
STATE STREET CORP
$4.9B6,908,874 sh
FMR LLC
$4.3B6,085,944 sh
Fisher Asset Management, LLC
$2.6B3,595,361 sh
GEODE CAPITAL MANAGEMENT, LLC
$2.3B3,229,444 sh
MORGAN STANLEY
$2.2B3,107,922 sh
BANK OF AMERICA CORP /DE/
$1.4B1,974,668 sh
NORGES BANK
$1.3B1,779,281 sh

Fund	Value	Shares
BlackRock, Inc.	$8.2B	11,503,261
VANGUARD CAPITAL MANAGEMENT LLC	$6.4B	9,010,359
VANGUARD PORTFOLIO MANAGEMENT LLC	$5.4B	7,534,991
STATE STREET CORP	$4.9B	6,908,874
FMR LLC	$4.3B	6,085,944
Fisher Asset Management, LLC	$2.6B	3,595,361
GEODE CAPITAL MANAGEMENT, LLC	$2.3B	3,229,444
MORGAN STANLEY	$2.2B	3,107,922
BANK OF AMERICA CORP /DE/	$1.4B	1,974,668
NORGES BANK	$1.3B	1,779,281

Companies Similar to CMI

Ranked by quality-profile closeness and shared hedge-fund ownership — not just sector membership.

DEERE & CO

AI score

Very similar · 29 shared holders

First Eagle Investment Management, LLC National Pension Service LOOMIS SAYLES & CO L P

UPS

UNITED PARCEL SERVICE INC

AI score

Very similar · 31 shared holders

NORDEA INVESTMENT MANAGEMENT AB National Pension Service LSV ASSET MANAGEMENT

FDX

FEDEX CORP

AI score

Very similar · 32 shared holders

Boston Partners LSV ASSET MANAGEMENT National Pension Service

ITW

ILLINOIS TOOL WORKS INC

AI score

Very similar · 33 shared holders

National Pension Service BAHL & GAYNOR INC VOLORIDGE INVESTMENT MANAGEMENT, LLC

ETN

Eaton Corp plc

AI score

Very similar · 27 shared holders

National Pension Service BAHL & GAYNOR INC VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P.

LMT

LOCKHEED MARTIN CORP

AI score

Very similar · 28 shared holders

National Pension Service HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC Korea Investment CORP

UNP

UNION PACIFIC CORP

AI score

Very similar · 23 shared holders

National Pension Service NORDEA INVESTMENT MANAGEMENT AB abrdn plc

NSC

NORFOLK SOUTHERN CORP

AI score

Very similar · 25 shared holders

LONDON CO OF VIRGINIA HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC National Pension Service

Similarity is computed from the 8 composite sub-scores and latest-quarter 13F conviction holdings (index-style filers excluded). Refreshed monthly.

More Industrials Companies

View all Industrials →

AADX

Applied Aerospace & Defense, Inc.

AAL

American Airlines Group Inc.

AAON

AAON, INC.

ABM

ABM INDUSTRIES INC /DE/

ACA

Arcosa, Inc.

ACHR

Archer Aviation Inc.

ACLS

AXCELIS TECHNOLOGIES INC

ACMR

ACM Research, Inc.

Put CMI on your watchlist

Track score changes the day CUMMINS INC files with the SEC, follow the hedge funds that own it, screen 2,800+ AI-scored stocks, and get the daily brief — free.

View Pricing

Free tier includes 13F data, economic indicators, and market overview. Pro starts at $6.67/mo (billed annually).

Passwordless sign-in · Payments by Stripe · Auth by Clerk

Popular Research

AAPL

Apple

MSFT

Microsoft

NVDA

NVIDIA

GOOG

Alphabet

AMZN

Amazon

Is CMI a good stock to buy?

13F Pro's AI-powered analysis of CUMMINS INC (CMI) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Industrials sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for CMI are available on the CMI stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing. CMI is classified as a large company.

Which hedge funds own CMI?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling CMI. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of CUMMINS INC's investment landscape.