Why is CMI down?
Down 26% in 3 months while the S&P 500 fell 2%.
“We have updated our full-year revenue and profitability guidance primarily due to continued weaker than expected pickup truck demand in North America”
Down 26% in 3 months while the S&P 500 fell 2%.
“We have updated our full-year revenue and profitability guidance primarily due to continued weaker than expected pickup truck demand in North America”
CMI's Quality Score fell 3 points on Tue, Nov 10, to -1. It closed away from its high of the day (2 chart checks stopped).
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| Long-term trend | −2 |
| Latest filing | 8-K, Nov 5 |
Fri Nov 20: Ex-dividend, $2.20 a shareAt the open. Pays Dec 3.
After its last 4 reports it closed -3.7% on average, higher 1 of 4 times.
CMI is #5 of 5 by Quality Score.
| Rank | Stock | Quality Score |
|---|---|---|
| 1 | ||
| 2 | ||
| 3 | ||
| Open for its score | ||
| 5 |
Sales over four quarters against a year before: CMI +6.7%, BWXT +18%.
Expected to report Thu Feb 4, before the open (in 86 days).
What an earnings report is: every 3 months, a company tells everyone how much it sold and earned. We read the figures, the outlook, and how the stock moved after.
Sales of $9.4B, 13% more than a year ago; a profit of $8.25 a share, from $3.86.
“We have updated our full-year revenue and profitability guidance primarily due to continued weaker than expected pickup truck demand in North America, which impacted our third quarter and is expected to persist through the end of this year”
| Line | Q3 2026 | Q2 2026 | Q3 2025 |
|---|---|---|---|
| Distribution | $3.3B | $3.3B | $3.2B |
Each quarter's sales and their share of its total. Figures as filed (SEC filing, Nov 5)
| Measure | Figure |
|---|---|
| Revenue growth | about 10% |
“Global power generation and North America heavy duty truck demand remain strong, and we expect fourth quarter revenues to step up from third quarter levels and set a new record.”
From its results filing (SEC filing · Nov 5)
Sales grew 11% a year over 5 years, fiscal 2020 to 2025.
Pays $8.80 a share a year.
| Reported | Gap | Reaction | 5 days |
|---|---|---|---|
| Nov 5, 2026 | -5.0% | -4.9% | not yet |
| Aug 4, 2026 | -10.8% | -2.0% | -2.2% |
| May 5, 2026 | +4.1% | +2.8% | +7.0% |
Sales grew in four of the last seven years, to $34B in 2025. It made a profit in each of the eight years.
RSI 30.2, MACD below signal, below both averages. Not scored.
Its dividends come to 35% of its free cash flow.
| Dividend | $8.80 a share a year |
| Paid out | About $1.2B a year |
| Free cash flow | $3.5B |
| Record | Raised every year since 2017 |
One insider sold $399K across 1 filing in the last 6 months. No open-market buys on record. The newest:
One trade disclosed in the last six months. The newest:
Officers and directors with a Form 4 in the last 12 months.
In ETFs: CMI is 0.4% of SPMO, 0.3% of VIG, and 0.3% of VYM, the most of the 24 funds Breakaway covers, by each fund's latest filing, Jul 31 to Aug 31, 2026.
Cummins is a leading manufacturer of diesel and other engines used in heavy- and medium-duty commercial trucks, off-highway equipment, and locomotives, in addition to prime power and standby generators. The company also sells powertrain components, which include filtration products, transmissions, turbochargers, aftertreatment systems, and fuel systems. Sales are approximately 60% US and Canada and 40% rest of the world. Much of Cummins' foreign sales (China, India, and so forth) are through joint ventures. The company operates 650 distributors and over 19,000 dealer locations across 190 countries. Cummins' business model is unique as it competes with many of its heavy-duty truck manufacturer customers, which also make their own engines.
CMI scores -1 today, which Breakaway calls Poor. It is #5 of 5 in Engines & Turbines by Quality Score, with 0 of 14 chart checks firing. Down 26% in 3 months while the S&P 500 fell 2%. Breakaway does not say whether to buy any stock: the score does not know your situation, and it is not a recommendation to buy or sell anything. Please do your own research.
CMI scores -1 today, which Breakaway calls Poor (below zero). That is #5 of 5 in Engines & Turbines by Quality Score. The score adds up the chart checks, the trend, the company's filed sales, its profits, the news, insider trades, and Congress trades. The section above lists the lines behind CMI's -1.
One insider sold $399K across 1 filing in the last 6 months. No open-market buys on record. The newest is Earl Newsome, VP - Chief Information Officer, who sold $399K on Aug 24.
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Insider and Congress trades, the chart, and the financials, in one score.
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