Cummins Inc

10-Year Study

CMI.US · Industrials · US · Common Stock

Executive Summary: Cummins Inc has compounded at 21.4% annually over the last 10 years, with a maximum drawdown of 28.3% and an annualized volatility of 31.6%.

1Y CAGR
+103.5%
3Y CAGR
+48.4%
5Y CAGR
+21.9%
10Y CAGR
+21.4%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
28.3%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.82
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
1.61
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
25.6%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2025 · +49.4%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2018 · -22.1%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
80%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
202613.41.2-7.913.2————————19.7%
20252.23.8-14.9-6.310.01.912.38.96.03.614.32.549.4%
2024-0.113.09.7-4.10.3-1.75.47.93.51.614.6-7.048.9%
20233.0-2.0-1.7-1.6-12.419.96.4-11.2-0.7-5.34.46.91.7%
20221.3-7.00.5-7.811.3-7.514.4-2.0-5.520.13.4-3.514.1%
20213.28.62.3-2.72.6-5.2-4.82.3-4.86.8-12.04.0-1.7%
2020-10.6-4.7-10.620.84.62.211.57.91.94.15.7-1.830.5%
201910.15.52.55.3-8.713.7-4.3-8.29.06.06.8-2.138.0%
20186.4-10.0-3.6-1.4-10.3-6.67.40.13.0-6.411.4-11.5-22.1%
20177.61.71.8-0.25.22.93.5-4.45.45.3-4.75.532.7%
2016———6.4-1.3-1.89.23.12.0-0.311.8-3.627.4%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 31.6%. The dominant macroeconomic risk driver is VTI.US, accounting for 49.0% of variance. Idiosyncratic stock-specific factors contribute 12.2%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-0110644.903478194976
2016-05-0110501.648164285985
2016-06-0110315.412704126094
2016-07-0111263.095328306747
2016-08-0111617.770336831736
2016-09-0111852.692948887963
2016-10-0111822.180597128026
2016-11-0113212.298241958097
2016-12-0112736.094797863072
2017-01-0113699.667051869812
2017-02-0113929.995642784072
2017-03-0114184.229720001516
2017-04-0114159.838783010646
2017-05-0114890.963039442278
2017-06-0115317.757075739779
2017-07-0115854.097203804038
2017-08-0115154.787727806615
2017-09-0115977.283275868604
2017-10-0116818.794282574927
2017-11-0116021.08040010609
2017-12-0116905.40578941386
2018-01-0117992.614045390823
2018-02-0116199.99857916872
2018-03-0115614.308244610313
2018-04-0115399.490395180539
2018-05-0113817.974936536204
2018-06-0112906.748474974425
2018-07-0113858.740954040844
2018-08-0113869.468230212557
2018-09-0114287.12158526882
2018-10-0113369.667146591899
2018-11-0114892.691717500853
2018-12-0113175.285587087486
2019-01-0114503.265543894215
2019-02-0115303.679005796994
2019-03-0115679.098151024893
2019-04-0116515.340241730763
2019-05-0115078.086519152806
2019-06-0117136.37375440458
2019-07-0116402.277592543476
2019-08-0115061.557515250257
2019-09-0116413.632402530973
2019-10-0117403.47819497594
2019-11-0118583.17072708673
2019-12-0118186.84168150646
2020-01-0116256.973913537682
2020-02-0115495.905637858523
2020-03-0113860.173625582542
2020-04-0116746.52133141363
2020-05-0117513.178210131475
2020-06-0117891.119330883186
2020-07-0119956.35679915129
2020-08-0121534.67538741333
2020-09-0121940.950251960745
2020-10-0122848.056302807563
2020-11-0124159.826942749973
2020-12-0123734.465577994164
2021-01-0124499.488500738833
2021-02-0126610.772742772704
2021-03-0127231.90097753192
2021-04-0126488.865418861064
2021-05-0127181.118099496078
2021-06-0125758.037168946314
2021-07-0124520.907532300233
2021-08-0125086.55230553556
2021-09-0123872.51117720608
2021-10-0125496.900219755236
2021-11-0122438.395123707043
2021-12-0123335.934243928317
2022-01-0123629.051737203048
2022-02-0121978.827245860648
2022-03-0122085.425112719284
2022-04-0120371.227692948887
2022-05-0122678.27880498617
2022-06-0120987.596142916685
2022-07-0124000.24390936991
2022-08-0123516.403497139392
2022-09-0122221.398666313038
2022-10-0126698.224908119577
2022-11-0127597.670310309553
2022-12-0126623.027412571515
2023-01-0127419.66383131891
2023-02-0126878.61127950593
2023-03-0126414.18889478271
2023-04-0125989.585306710112
2023-05-0122768.38318872428
2023-06-0127307.35895881484
2023-07-0129049.428352214607
2023-08-0125808.263554730423
2023-09-0125631.003012162313
2023-10-0124266.76817716819
2023-11-0125338.797218959575
2023-12-0127080.736369491908
2024-01-0127050.2121774713
2024-02-0130558.44589474482
2024-03-0133520.87911567461
2024-04-0132137.498579168718
2024-05-0132239.751070359565
2024-06-0131690.469537377336
2024-07-0133392.11628083204
2024-08-0136015.290512635926
2024-09-0137274.703519872695
2024-10-0137872.18675406358
2024-11-0143388.69444549691
2024-12-0140329.83414162846
2025-01-0141214.86994657674
2025-02-0142797.687833895354
2025-03-0136434.648865229414
2025-04-0134156.32222559012
2025-05-0137581.78068048346
2025-06-0138285.542094494755
2025-07-0142975.65879210397
2025-08-0146816.11838366234
2025-09-0149627.86060697912
2025-10-0151426.76325161975
2025-11-0158764.57536089115
2025-12-0160236.10663812375
2026-01-0168304.1668245368
2026-02-0169131.73000416777
2026-03-0163702.97048459819
2026-04-0172094.16322509755
Annual Return Matrix
YearAnnual Return
20170.3273618057750589
2018-0.22064659368674666
20190.38037551909543255
20200.3050350354195299
2021-0.01679124953356259
20220.14085972021876336
20230.017192220472426856
20240.4892443688149657
20250.49358676821207226
20260.19685961209632352
Total Factor Risk
0.31610037813676595
VTI.US Exposure
0.48956619410975477
VEA.US Exposure
0.08330107470430632
VWO.US Exposure
0.05012291341955905
QQQ.US Exposure
-0.12589311218012483
VTV.US Exposure
0.014257714155269377
IJR.US Exposure
0.10461110130116394
QUAL.US Exposure
-0.00316950028774852
SHV.US Exposure
0.3450421230717954
TLT.US Exposure
0.0000882575089649357
LQD.US Exposure
-0.0032576114358606324
HYG.US Exposure
0.0013712906959237935
GLD.US Exposure
-0.0008349962039376076
USO.US Exposure
-0.0005395325551412754
VNQ.US Exposure
-0.05087212896292906
BTC-USD.CC Exposure
-0.0008503038373292837
CPER.US Exposure
-0.018952216408811333
VIX.INDX Exposure
-0.01163799963813641
UUP.US Exposure
0.005339449024534588
TIP.US Exposure
0.0005701302128422655
Idiosyncratic Exposure
0.12173715330590447
Value Score
39.3
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
16.7
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
31.6%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →26.8x
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →1.39%
Market Cap$75.9B
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$237
Avg Yield on Cost
2.37%
Annual Income Simulation Table
Historical Realised Yields
YearAnnual PayoutYield on CostQuality
2026$236.812.37%Solid

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+6.8%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+28.2%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
1.5% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
1.14
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is Cummins Inc a high-risk investment?

Cummins Inc (CMI.US) has an annualized volatility of 31.6% and experienced a maximum drawdown of 28.3% over the last 10 years. Its primary macro risk driver is VTI.US.

What is the 10-year return of CMI.US?

Over the past 10 years, CMI.US has generated a Compound Annual Growth Rate (CAGR) of 21.4%. It has had a positive return in 80% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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