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$1,000 in Cummins Inc. in 2023 → $2,192 today

If you'd invested $1,000 in Cummins Inc. (CMI) on January 1, 2023, buying at the December 2022 month-end close of $242, and held to the latest close on 2026-10-16, you'd have $2,192. That's a +119.2% price return. Through September 2026, the latest month the fund has reported, the same $1,000 became $2,132 in CMI and $2,097 in an S&P 500 index fund (TSP C Fund). The fund figure includes reinvested dividends; the stock figure does not, so the comparison favors the fund.

$1,000 in 2023$2,192Price return+119.2%Multiple2.2×CAGR+22.7%

Nearby years: 2019 · 2020 · 2021 · 2022 · 2024 · 2025 · 2026 all years →

FAQ

How much is $1,000 invested in CMI in 2023 worth today?

$2,192 at the latest close (2026-10-16), a price return of +119.2%.

Did $1,000 in CMI in 2023 beat the market?

Yes. From the December 2022 month-end through September 2026, CMI beat an S&P 500 index fund by 1.7%: the fund (the TSP C Fund, dividends included) turned the same $1,000 into $2,097, and CMI (price only) turned it into $2,132.

What does "month-end close" mean for this calculation?

It is a month's last price on IEX: the last regular-session trade on the month's final trading day. Here the buy is the December 2022 close, the price entering 2023, and the position is valued at the latest close (2026-10-16).

Is the 2023–2026 return in CMI typical?

No single year is typical. CMI's best calendar year since 2016 was 2025, at +46.4%, and its worst was 2018, at -24.6%.

Methodology

The figures use CMI's price data from January 2023 through 2026-10-16.

The entry price is the December 2022 month-end close and the exit is the latest close, both from IEX Historical Data. Price return: adjusted for stock splits, dividends not included. The market comparison uses the TSP C Fund's monthly returns, published at tsp.gov.

Buying at a month-end close misses the highs and lows inside the month, and the figures ignore taxes and fees. To try another amount, month or monthly contribution, use the CMI calculator, which also shows the best and worst entry points in your window.

Full methodology →

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Prices as of the last IEX trade on 2026-10-16. Data delayed end-of-day.