CUMMINS INC

CMI

Quality scores

Data as of Sep 5, 2026

4 / 9

Neutral

4/9 — middling fundamentals (neutral zone).

PassROA > 0 — ROA last year = 8.36 %
PassFCF > 0 — FCF last year = 2,386.00 mill.
FailFCF > net income (accrual quality) — FCF 2,386.00 vs. net income 2,843.00 (mill.)
FailRising ROA — ROA 8.36 % vs. prior year 12.51 %

FailLower long-term leverage — long-term debt/assets 0.20 vs. prior 0.15
PassRising current ratio (more liquidity) — Current ratio 1.76 vs. prior 1.31
FailNo dilution (shares do not grow) — Shares 138.10 mill. vs. prior 137.40 mill.

Z-Score (original)

4.78

Safe zone

Z''-Score (non-manufacturing)

8.26

Safe zone

Ratio	Value
X1 — Working capital / Total assets	0.22
X2 — Retained earnings / Total assets	0.67
X3 — EBIT / Total assets	0.12
X4 — Market cap / Total liabilities	3.69
X4 — Book equity / Total liabilities	0.60
X5 — Sales / Total assets	0.99