Cummins
CMI
$230.25
Share price
-1.10%
Change (1 day)
8.26%
Change (1 year)
Categories
Cummins Inc. is an American manufacturer of diesel and gas engines.
Operating Margin for Cummins (CMI)
Operating Margin as of September 2023 (TTM): 10.44%
According to Cummins 's latest financial reports and stock price the company's current Operating Margin is 10.44%. At the end of 2022 the company had an Operating Margin of 10.75%.
Operating Margin history for Cummins from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 10.75% | -9.77% |
| 2021 | 11.91% | -3.18% |
| 2020 | 12.31% | -1.44% |
| 2019 | 12.49% | 3.52% |
| 2018 | 12.06% | 0.73% |
| 2017 | 11.97% | 4.88% |
| 2016 | 11.42% | 4.39% |
| 2015 | 10.94% | -15.85% |
| 2014 | 13.00% | 4.1% |
| 2013 | 12.48% | -6.03% |
| 2012 | 13.29% | -11.68% |
| 2011 | 15.04% | 20.07% |
| 2010 | 12.53% | 100.45% |
| 2009 | 6.25% | -26.53% |
| 2008 | 8.51% | -4.15% |
| 2007 | 8.87% | -10.84% |
| 2006 | 9.95% | 29.39% |
| 2005 | 7.69% | 53.1% |
| 2004 | 5.02% | 240.18% |
| 2003 | 1.48% | -19.95% |
| 2002 | 1.85% | 43.6% |
| 2001 | 1.28% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 BorgWarner BWA | 8.06% | -22.80% | 🇺🇸 USA |
 Caterpillar CAT | 14.72% | 41.00% | 🇺🇸 USA |
 General Electric GE | -1.37% | -113.12% | 🇺🇸 USA |
 Paccar PCAR | 13.35% | 27.87% | 🇺🇸 USA |
 CNH Industrial
CNHI | 11.80% | 13.03% | 🇬🇧 UK |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.