CMI monthly performance report
Monthly CMI research: returns, drawdown, relative strength, seasonality, and key stats.
CMI monthly report
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Key takeaways
- Cummins (CMI) closed September 2026 at $551.15, down 2.35% for the month and +38.33% over the trailing 12 months.
- Year-to-date, CMI is +7.97%, underperforming the S&P 500 which has returned +11.71% YTD.
- The stock is trading −7.69% versus its 200-day moving average ($597.09), a cautious technical signal.
- Over the past three years, CMI has outperformed the S&P 500 by +64.07%, with a relative strength index reading of 137.9.
- Win rate over the trailing 39 months stands at 61.5% — 24 positive months versus 15 negative months.
Cummins ended September 2026 at $551.15, posting a monthly return of −2.35%. The S&P 500 returned −0.69% over the same window, leaving relative performance at −1.66%.
The current quarter stands at −12.74% (Q3 2026 (QTD)), while medium-term trend remains soft: price is −7.69% versus the 200-day moving average ($597.09).
Year-to-date, CMI is +7.97% against SPY +11.71%, a gap of −3.74%. The stock is currently −25.23% below its 52-week high, with maximum 3-year drawdown at −30.81%.
| Period | CMI | S&P 500 (SPY) | Excess return |
|---|---|---|---|
| 1 Day | −2.35% | −0.69% | −1.66% |
| 1 Week | −3.76% | −0.54% | −3.22% |
| 1 Month | −2.35% | −0.69% | −1.66% |
| 3 Months | −14.77% | +0.70% | −15.47% |
| 6 Months | −6.28% | +10.52% | −16.80% |
| YTD | +7.97% | +11.71% | −3.74% |
| 12 Months | +38.33% | +18.10% | +20.23% |
| 3 Years | +132.91% | +68.84% | +64.07% |
| Rank | Month | Return |
|---|---|---|
| #1 | Apr 2026 | +22.03% |
| #2 | Nov 2024 | +14.06% |
| #3 | Nov 2025 | +13.71% |
| #4 | Jan 2026 | +13.39% |
| #5 | Jul 2025 | +12.60% |
| Rank | Month | Return |
|---|---|---|
| #1 | Mar 2025 | −15.82% |
| #2 | Aug 2023 | −11.78% |
| #3 | Jul 2026 | −9.40% |
| #4 | Dec 2024 | −7.67% |
| #5 | Apr 2025 | −6.42% |
| Quarter | Return |
|---|---|
| Q2 2025 | +3.40% |
| Q3 2025 | +33.75% |
| Q4 2025 | +22.23% |
| Q1 2026 | +7.42% |
| Q2 2026 | +32.19% |
| Q3 2026 (QTD) | −12.74% |
| Year | Return |
|---|---|
| 2023 | −2.40% |
| 2024 | +36.78% |
| 2025 | +52.69% |
| 2026 | +23.91% |
| Metric | Value |
|---|---|
| 52-Week High | $737.10 (2026-06-18) |
| 52-Week Low | $389.52 (2025-09-03) |
| Current Price | $551.15 |
| 200-Day Moving Average | $597.09 |
| Price vs 200DMA | −7.69% |
| 3-Year Maximum Drawdown | −30.81% (2025-04-08) |
| Current Drawdown from 52W High | −25.23% |
| RS metric | Value |
|---|---|
| RS Index (3-year, rebased to 100) | 137.9 |
| 3-Year Excess Return vs S&P 500 | +64.07% |
| RS Peak | 188.9 (Jun 2026) |
| RS Trough | 90.6 (Jan 2024) |
| Status | Outperforming Benchmark |
Frequently asked questions
What was CMI's return for this report period?
CMI returned −2.35% in the latest monthly window ending 2026-09-01.
Has CMI outperformed SPY year to date?
YTD CMI: +7.97% vs SPY: +11.71%.
What is CMI's 12-month return?
+38.33% over the trailing 12 months.
Is CMI above or below its 200-day moving average?
Price is −7.69% versus 200DMA ($597.09).
What is the maximum drawdown in the 3-year window?
−30.81% on 2025-04-08.