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Cummins Inc. (CMI) Gross Margin

Annual Gross Margin:

24.36%+0.57%(+2.40%)
December 31, 2024

Summary

  • As of today, CMI annual gross profit margin is 24.36%, with the most recent change of +0.57% (+2.40%) on December 31, 2024.
  • During the last 3 years, CMI annual gross margin has risen by +0.74% (+3.13%).
  • CMI annual gross margin is now -27.07% below its all-time high of 33.40%, reached on December 1, 1984.

Performance

1-Year Change

+2.4%

3-Year Change

+3.13%

5-Year Change

-3.68%

15-Year Change

-2.21%

CMI Gross Margin Chart

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Highlights

Sector Percentile

45.6%
CMI annual gross profit margin is higher than 45.6% of companies in Industrials sector

Range

All-Time High

33.40%
CMI annual gross profit margin is currently -27.07% below its historical high of 33.40%

3-Year Low

23.62%
CMI annual gross profit margin is currently +3.13% above its 3-year low

Earnings dates

Last Annual Earnings Report Date

Dec 31, 2024
CMI previous annual earnings announcement was published on Dec 31, 2024

Next Annual Earnings Report Date

N/A
CMI next annual earnings announcement has not yet been scheduled

OtherCMIprofitability metrics

Annual Revenue

$34.10B
CMI annual revenue is $34.10 billion

Annual Gross Profit

$8.31B
CMI annual gross profit is $8.31 billion

Annual Operating Margin

-65.18%
CMI annual operating profit margin is -65.18%

Annual Net Margin

11.93%
CMI annual net profit margin is 11.93%

Quarterly Gross Margin:

26.00%+0.06%(+0.23%)
June 30, 2025

Summary

  • As of today, CMI quarterly gross profit margin is 26.00%, with the most recent change of +0.06% (+0.23%) on June 30, 2025.
  • Over the past year, CMI quarterly gross margin has increased by +1.43% (+5.82%).
  • CMI quarterly gross margin is now -8.03% below its all-time high of 28.27%, reached on December 31, 1993.

Performance

3-Month Change

+0.23%

1-Year Change

+5.82%

3-Year Change

-0.27%

5-Year Change

+13.29%

CMI Quarterly Gross Margin Chart

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Highlights

Sector Percentile

49.75%
CMI quarterly gross profit margin is higher than 49.75% of companies in Industrials sector

Range

All-Time High

28.27%
CMI quarterly gross profit margin is currently -8.03% below its historical high of 28.27%

3-Year Low

22.05%
CMI quarterly gross profit margin is currently +17.91% above its 3-year low

Earnings dates

Last Quarterly Earnings Report Date

Jun 30, 2025
CMI previous earnings announcement was published on Jun 30, 2025

Next Quarterly Earnings Report Date

Nov 6, 2025
CMI next earnings announcement is scheduled for Nov 6, 2025

OtherCMIprofitability metrics

Quarterly Revenue

$8.64B
CMI quarterly revenue is $8.64 billion

Quarterly Gross Profit

$2.25B
CMI quarterly gross profit is $2.25 billion

Quarterly Operating Margin

12.85%
CMI quarterly operating profit margin is 12.85%

Quarterly Net Margin

10.30%
CMI quarterly net profit margin is 10.30%

Gross Margin Formula

Gross Margin =  Gross Profit
Revenue ✕ 100%

Annual Gross Margin

24.36%
CMI annual gross profit margin is 24.36%

Annual Gross Profit

$8.31B
CMI annual gross profit is $8.31 billion

Annual Revenue

$34.10B
CMI annual revenue is $34.10 billion

CMI Gross Margin Trends

PeriodPeriodAnnualAnnualQuarterlyQuarterly
1Y1 Year+2.4%+5.8%
3Y3 Years+3.1%-0.3%
5Y5 Years-3.7%+13.3%

CMI Gross Margin Highs & Lows

PeriodPeriodAnnual vs HighAnnual vs HighAnnual vs LowAnnual vs LowQuarter. vs HighQuarter. vs HighQuarter. vs LowQuarter. vs Low
3Y3-Yearat high+3.1%at high+17.9%
5Y5-Year-3.7%+3.1%-1.0%+17.9%
All-TimeAll-Time-27.1%+39.4%-8.0%+67.2%

CMI Gross Margin History

DateAnnualQuarterly
Jun 2025
-
26.00%(+0.2%)
Mar 2025
-
25.94%(+9.5%)
Dec 2024
24.36%(+2.4%)
23.70%(-6.2%)
Sep 2024
-
25.27%(+2.8%)
Jun 2024
-
24.57%(+2.8%)
Mar 2024
-
23.91%(+4.1%)
Dec 2023
23.79%(+0.5%)
22.97%(-4.9%)
Sep 2023
-
24.16%(-1.3%)
Jun 2023
-
24.47%(+3.6%)
Mar 2023
-
23.62%(+2.7%)
Dec 2022
23.68%(+0.3%)
23.01%(+4.4%)
Sep 2022
-
22.05%(-15.4%)
Jun 2022
-
26.07%(+9.0%)
Mar 2022
-
23.92%(+6.6%)
Dec 2021
23.62%(-3.9%)
22.43%(-4.9%)
Sep 2021
-
23.59%(-2.1%)
Jun 2021
-
24.10%(-0.8%)
Mar 2021
-
24.29%(+4.5%)
Dec 2020
24.59%(-2.8%)
23.24%(-11.5%)
Sep 2020
-
26.26%(+14.4%)
Jun 2020
-
22.95%(-10.8%)
Mar 2020
-
25.72%(+9.3%)
Dec 2019
25.29%(+5.2%)
23.54%(-8.8%)
Sep 2019
-
25.81%(-1.9%)
Jun 2019
-
26.30%(+3.4%)
Mar 2019
-
25.43%(+1.1%)
Dec 2018
24.05%(-3.5%)
25.16%(-3.3%)
Sep 2018
-
26.01%(+11.2%)
Jun 2018
-
23.40%(+9.1%)
Mar 2018
-
21.45%(-14.3%)
Dec 2017
24.91%(-2.3%)
25.04%(-0.9%)
Sep 2017
-
25.26%(+2.6%)
Jun 2017
-
24.62%(0.0%)
Mar 2017
-
24.62%(-1.5%)
Dec 2016
25.49%(-1.0%)
24.99%(-3.6%)
Sep 2016
-
25.93%(-2.0%)
Jun 2016
-
26.46%(+7.7%)
Mar 2016
-
24.56%(-2.9%)
Dec 2015
25.75%(+2.2%)
25.29%(-2.6%)
Sep 2015
-
25.96%(-1.9%)
Jun 2015
-
26.46%(+4.8%)
Mar 2015
-
25.25%(+1.4%)
Dec 2014
25.20%(-0.4%)
24.91%(-4.7%)
Sep 2014
-
26.14%(+3.4%)
Jun 2014
-
25.29%(-0.1%)
Mar 2014
-
25.32%(-0.1%)
Dec 2013
25.30%(-3.5%)
25.34%(-2.7%)
Sep 2013
-
26.03%(+2.2%)
Jun 2013
-
25.47%(+4.9%)
Mar 2013
-
24.27%(-4.0%)
Dec 2012
26.21%(+3.5%)
25.29%(-0.0%)
Sep 2012
-
25.30%(-7.4%)
Jun 2012
-
27.31%(+1.2%)
Mar 2012
-
26.98%(+6.4%)
Dec 2011
25.33%(+6.5%)
25.35%(-0.6%)
Sep 2011
-
25.51%(-0.6%)
Jun 2011
-
25.66%(+4.0%)
Mar 2011
-
24.67%(+4.1%)
Dec 2010
23.79%(+17.6%)
23.70%(-3.3%)
Sep 2010
-
24.52%(+5.1%)
Jun 2010
-
23.33%(-2.3%)
Mar 2010
-
23.88%(+5.2%)
Dec 2009
20.23%(-0.9%)
22.69%(+14.6%)
Sep 2009
-
19.80%(+5.5%)
Jun 2009
-
18.77%(-0.5%)
Mar 2009
-
18.86%(+19.0%)
Dec 2008
20.41%(+4.2%)
15.85%(-28.6%)
Sep 2008
-
22.20%(-1.8%)
Jun 2008
-
22.61%(+11.1%)
Mar 2008
-
20.35%(+4.9%)
Dec 2007
19.59%(-14.2%)
19.40%(+0.3%)
Sep 2007
-
19.34%(-3.5%)
Jun 2007
-
20.04%(+2.2%)
Mar 2007
-
19.60%(-11.3%)
Dec 2006
22.84%
22.09%(-5.1%)
Sep 2006
-
23.28%(-1.6%)
DateAnnualQuarterly
Jun 2006
-
23.65%(+5.7%)
Mar 2006
-
22.37%(-0.5%)
Dec 2005
22.04%(+11.0%)
22.48%(-1.0%)
Sep 2005
-
22.70%(+2.8%)
Jun 2005
-
22.09%(+7.0%)
Mar 2005
-
20.65%(+2.5%)
Dec 2004
19.85%(+11.6%)
20.14%(+1.8%)
Sep 2004
-
19.78%(-1.8%)
Jun 2004
-
20.15%(+3.4%)
Mar 2004
-
19.48%(+1.2%)
Dec 2003
17.79%(-0.2%)
19.24%(+7.7%)
Sep 2003
-
17.87%(-0.3%)
Jun 2003
-
17.93%(+14.6%)
Mar 2003
-
15.65%(-5.0%)
Dec 2002
17.82%(+1.9%)
16.48%(-12.4%)
Sep 2002
-
18.81%(+0.1%)
Jun 2002
-
18.79%(+10.9%)
Mar 2002
-
16.95%(-2.0%)
Dec 2001
17.48%(-7.5%)
17.29%(-4.5%)
Sep 2001
-
18.11%(-1.6%)
Jun 2001
-
18.41%(+7.0%)
Mar 2001
-
17.20%(+10.6%)
Dec 2000
18.89%(-9.8%)
15.55%(-21.1%)
Sep 2000
-
19.72%(-0.6%)
Jun 2000
-
19.84%(-2.4%)
Mar 2000
-
20.33%(+4.3%)
Dec 1999
20.95%(-0.1%)
19.50%(-11.9%)
Sep 1999
-
22.13%(-0.6%)
Jun 1999
-
22.26%(+11.3%)
Mar 1999
-
20.00%(+7.8%)
Dec 1998
20.97%(-7.1%)
18.56%(-7.8%)
Sep 1998
-
20.13%(-10.8%)
Jun 1998
-
22.57%(-0.4%)
Mar 1998
-
22.67%(-2.1%)
Dec 1997
22.58%(+1.6%)
23.16%(+2.4%)
Sep 1997
-
22.62%(-2.5%)
Jun 1997
-
23.21%(+5.8%)
Mar 1997
-
21.93%(-0.2%)
Dec 1996
22.22%(-8.3%)
21.97%(+2.9%)
Sep 1996
-
21.36%(-6.3%)
Jun 1996
-
22.80%(-5.0%)
Mar 1996
-
24.01%(+2.4%)
Dec 1995
24.23%(-3.3%)
23.44%(+3.5%)
Sep 1995
-
22.64%(-9.4%)
Jun 1995
-
24.98%(-2.8%)
Mar 1995
-
25.71%(+1.3%)
Dec 1994
25.05%(+2.6%)
25.37%(-0.3%)
Sep 1994
-
25.45%(+3.0%)
Jun 1994
-
24.71%(+0.4%)
Mar 1994
-
24.62%(-12.9%)
Dec 1993
24.41%(+8.6%)
28.27%(+3.3%)
Sep 1993
-
27.38%(+2.3%)
Jun 1993
-
26.77%(-0.7%)
Mar 1993
-
26.96%(+6.7%)
Dec 1992
22.47%(+21.7%)
25.27%(-3.3%)
Sep 1992
-
26.14%(+0.2%)
Jun 1992
-
26.08%(+2.3%)
Mar 1992
-
25.50%(+4.3%)
Dec 1991
18.46%(+5.7%)
24.46%(+11.0%)
Sep 1991
-
22.04%(+2.6%)
Jun 1991
-
21.48%(+3.6%)
Mar 1991
-
20.74%(+8.0%)
Dec 1990
17.47%(-22.3%)
19.20%(+2.2%)
Sep 1990
-
18.79%(-22.8%)
Jun 1990
-
24.35%(+1.2%)
Mar 1990
-
24.07%(-8.5%)
Dec 1989
22.47%(-1.7%)
26.30%(+13.7%)
Sep 1989
-
23.13%
Dec 1988
22.85%(-9.1%)
-
Dec 1987
25.15%(-1.8%)
-
Dec 1986
25.61%(-9.7%)
-
Dec 1985
28.35%(-15.1%)
-
Dec 1984
33.40%(+11.3%)
-
Dec 1983
30.02%(+11.1%)
-
Dec 1982
27.01%(-3.6%)
-
Dec 1981
28.03%(+11.3%)
-
Dec 1980
25.19%
-

FAQ

  • What is Cummins Inc. annual gross profit margin?
  • What is the all-time high annual gross margin for Cummins Inc.?
  • What is Cummins Inc. annual gross margin year-on-year change?
  • What is Cummins Inc. quarterly gross profit margin?
  • What is the all-time high quarterly gross margin for Cummins Inc.?
  • What is Cummins Inc. quarterly gross margin year-on-year change?

What is Cummins Inc. annual gross profit margin?

The current annual gross margin of CMI is 24.36%

What is the all-time high annual gross margin for Cummins Inc.?

Cummins Inc. all-time high annual gross profit margin is 33.40%

What is Cummins Inc. annual gross margin year-on-year change?

Over the past year, CMI annual gross profit margin has changed by +0.57% (+2.40%)

What is Cummins Inc. quarterly gross profit margin?

The current quarterly gross margin of CMI is 26.00%

What is the all-time high quarterly gross margin for Cummins Inc.?

Cummins Inc. all-time high quarterly gross profit margin is 28.27%

What is Cummins Inc. quarterly gross margin year-on-year change?

Over the past year, CMI quarterly gross profit margin has changed by +1.43% (+5.82%)
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