Basis: Trailing twelve months (TTM), to the latest fiscal quarter end. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the return on equity (ROE) high or low?
The return on equity (ROE) of 21.13% is 11% below its 5-year average of 23.77%, around the middle of its 5-year range (8.31%–38.42%).
As of the fiscal period ended Tuesday, June 30, 2026. 6.37% below its 12-month average of 22.57%.
Trailing-twelve-month return on equity at each fiscal quarter end; no daily interpolation.
RETURN ON EQUITY (ROE)
21.13%
RETURN ON EQUITY (ROE) AVG TTM
22.57%
RETURN ON EQUITY (ROE) AVG 3Y
22.83%
RETURN ON EQUITY (ROE) AVG 5Y
23.77%
RETURN ON EQUITY (ROE) AVG 10Y
23.14%
RETURN ON EQUITY (ROE) AVG 15Y
23.37%
RETURN ON EQUITY (ROE) AVG 20Y
23.27%
CURRENT VS TTM AVG
-6.37%
CURRENT VS 3Y AVG
-7.44%
CURRENT VS 5Y AVG
-11.08%
CURRENT VS 10Y AVG
-8.67%
CURRENT VS 15Y AVG
-9.58%
CURRENT VS 20Y AVG
-9.18%
SECTOR MEDIAN · INDUSTRIALS
17.37%
median of 149 covered companies
CURRENT VS SECTOR MEDIAN
+21.67%
vs the sector median at left
Cummins Inc.
Market Cap
$76.04B
Return on Equity (ROE)
21.13%
TTM Avg
22.57%
3Y Avg
22.83%
5Y Avg
23.77%
Market Cap
$76.22B
Return on Equity (ROE)
110.37%
TTM Avg
100.13%
3Y Avg
99.17%
5Y Avg
89.55%
Market Cap
$73.82B
Return on Equity (ROE)
22.25%
TTM Avg
21.50%
3Y Avg
23.72%
5Y Avg
22.41%
Market Cap
$73.76B
Return on Equity (ROE)
25.14%
TTM Avg
26.19%
3Y Avg
24.56%
5Y Avg
30.43%
Market Cap
$73.44B
Return on Equity (ROE)
14.01%
TTM Avg
14.29%
3Y Avg
14.88%
5Y Avg
16.08%
Market Cap
$73.11B
Return on Equity (ROE)
16.22%
TTM Avg
18.41%
3Y Avg
19.20%
5Y Avg
18.74%
Market Cap
$79.37B
Return on Equity (ROE)
8.45%
TTM Avg
8.39%
3Y Avg
8.82%
5Y Avg
12.85%
Market Cap
$79.43B
Return on Equity (ROE)
38.91%
TTM Avg
38.80%
3Y Avg
37.22%
5Y Avg
36.06%
Market Cap
$80.25B
Return on Equity (ROE)
15.19%
TTM Avg
-8.36%
3Y Avg
-41.33%
5Y Avg
0.96%
| NAME | MARKET CAP | RETURN ON EQUITY (ROE) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cummins Inc. (CMI) | $76.04B | 21.13% | 22.57% | 22.83% | 23.77% |
| Illinois Tool Works Inc. (ITW)vs › | $76.22B | 110.37% | 100.13% | 99.17% | 89.55% |
| Canadian National Railway Company (CNI)vs › | $73.82B | 22.25% | 21.50% | 23.72% | 22.41% |
| Northrop Grumman Corporation (NOC)vs › | $73.76B | 25.14% | 26.19% | 24.56% | 30.43% |
| FedEx Corporation (FDX)vs › | $73.44B | 14.01% | 14.29% | 14.88% | 16.08% |
| Norfolk Southern Corporation (NSC)vs › | $73.11B | 16.22% | 18.41% | 19.20% | 18.74% |
| Canadian Pacific Kansas City Ltd. (CP)vs › | $79.37B | 8.45% | 8.39% | 8.82% | 12.85% |
| Cintas Corporation (CTAS)vs › | $79.43B | 38.91% | 38.80% | 37.22% | 36.06% |
| Bloom Energy Corporation (BE)vs › | $80.25B | 15.19% | -8.36% | -41.33% | 0.96% |
| Republic Services, Inc. (RSG)vs › | $68.02B | 18.16% | 17.89% | 16.89% | 15.55% |
ROE
21.1%
ROA
7.6%
ROE = Net Income / Total Shareholders' Equity
Return on equity measures how efficiently a company generates profit from shareholders' equity. Higher ROE indicates better capital efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | RETURN ON EQUITY (ROE) |
|---|---|
| 2026-06-30 | 21.13% |
| 2026-03-31 | 21.64% |
| 2025-12-31 | 23.02% |
| 2025-09-30 | 22.12% |
| 2025-06-30 | 24.95% |
| 2025-03-31 | 25.42% |
| 2024-12-31 | 38.42% |
| 2024-09-30 | 20.33% |
| 2024-06-30 | 20.35% |
| 2024-03-31 | 21.37% |
| 2023-12-31 | 8.31% |
| 2023-09-30 | 26.24% |
| 2023-06-30 | 24.58% |
| 2023-03-31 | 26.22% |
| 2022-12-31 | 23.97% |
| 2022-09-30 | 22.84% |
| 2022-06-30 | 23.44% |
| 2022-03-31 | 23.07% |
| 2021-12-31 | 25.15% |
| 2021-10-03 | 27.69% |
| 2021-07-04 | 28.03% |
| 2021-04-04 | 23.20% |
| 2020-12-31 | 22.19% |
| 2020-09-27 | 20.62% |
| 2020-06-28 | 23.76% |
| 2020-03-29 | 29.82% |
| 2019-12-31 | 30.11% |
| 2019-09-29 | 32.51% |
| 2019-06-30 | 31.52% |
| 2019-03-31 | 31.70% |
| 2018-12-31 | 29.14% |
| 2018-09-30 | 17.91% |
| 2018-07-01 | 14.37% |
| 2018-04-01 | 12.55% |
| 2017-12-31 | 13.76% |
| 2017-10-01 | 21.64% |
| 2017-07-02 | 19.85% |
| 2017-04-02 | 20.50% |
| 2016-12-31 | 20.28% |
| 2016-10-02 | 16.97% |
| 2016-07-03 | 18.48% |
| 2016-04-03 | 19.26% |
| 2015-12-31 | 18.89% |
| 2015-09-27 | 21.71% |
| 2015-06-28 | 21.96% |
| 2015-03-29 | 22.06% |
| 2014-12-31 | 21.31% |
| 2014-09-28 | 21.15% |
| 2014-06-29 | 20.17% |
| 2014-03-30 | 20.91% |
| 2013-12-31 | 19.75% |
| 2013-09-29 | 20.01% |
| 2013-06-30 | 21.14% |
| 2013-03-31 | 22.12% |
| 2012-12-31 | 24.91% |
| 2012-09-30 | 28.16% |
| 2012-07-01 | 31.53% |
| 2012-04-01 | 32.61% |
| 2011-12-31 | 33.65% |
| 2011-09-25 | 31.89% |
| 2011-06-26 | 28.95% |
| 2011-03-27 | 25.35% |
| 2010-12-31 | 22.27% |
| 2010-09-26 | 22.58% |
| 2010-06-27 | 19.57% |
| 2010-03-28 | 15.04% |
| 2009-12-31 | 11.34% |
| 2009-09-27 | 5.64% |
| 2009-06-28 | 9.93% |
| 2009-03-29 | 17.75% |
| 2008-12-31 | 23.37% |
| 2008-09-28 | 23.38% |
| 2008-06-29 | 22.57% |
| 2008-03-30 | 21.78% |
| 2007-12-31 | 21.68% |
| 2007-09-30 | 22.85% |
| 2007-06-30 | 22.70% |
| 2007-04-01 | 24.62% |
| 2006-12-31 | 25.52% |
| 2006-10-01 | 25.95% |
| 2006-06-30 | 26.65% |
| 2006-04-02 | 29.73% |
| 2005-12-31 | 29.51% |
| 2005-09-25 | 28.51% |
| 2005-06-26 | 29.49% |
| 2005-03-27 | 27.71% |
| 2004-12-31 | 24.98% |
| 2004-09-26 | 21.36% |
| 2004-06-27 | 16.16% |
| 2004-03-28 | 11.29% |
| 2003-12-31 | 4.95% |
| 2003-09-28 | 7.05% |
| 2003-06-29 | 9.22% |
