Company / Operating Margin
Cummins Operating Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
11.9%
FY2025
5-year range
5.2% / 11.9%
FY2021-FY2025
Trend
+8.6%
vs FY2024
Sector context
#102 of 293
Industrials
What the data says
At 11.9%, Cummins's operating margin ranks #102 of 293 in the Industrials sector. Improved from 5.2% to 11.9% over the past 2 years.
Based on SEC 10-K filings.
11.9% in FY2025 with a 5-year CAGR of +0.5%.
Improved from 5.2% to 11.9% over the past 2 years.
Industrials sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- +1.5pp
- 5-Year Change
- +0.5pp
- 10-Year Change
- -
Sector benchmark
#102 of 293 in IndustrialsTop 35% of 293This company 11.9% Sector average -860.7%
▼
+101.4% above sector average
Key checks
Key Insights
- In FY2025, operating margin increased 8.6% year-over-year.
- Currently 872.7pp above the Industrials sector average.
- Lowest operating margin in the period was in FY2023.
Company context
Key Data Points
- Strong return on equity: 23.1%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 11.9% | +8.6% |
| FY2024 | 11.0% | +112.8% |
| FY2023 | 5.2% | -50.4% |
| FY2022 | 10.4% | -7.5% |
| FY2021 | 11.3% | -1.6% |
| FY2020 | 11.5% | +0.0% |
| FY2019 | 11.5% | -2.3% |
| FY2018 | 11.7% | +2.5% |
| FY2017 | 11.4% | +6.4% |
| FY2016 | 10.7% | -0.2% |
As of FY2025 · SEC 10-K · Updated Mar 8, 2026