Cummins Inc.

CMI Industrials Specialty Industrial Machinery

Cummins Inc.’s revenue for fiscal 2025 (year ended December 2025) was $33.7 billion, down 1.27% from fiscal 2024. In the quarter to June 2026, revenue grew 9.42%, EPS grew 4.64%, free cash flow grew 125.6% and total debt fell 7.19%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years.

531.33 1.40 −0.26%
Market cap
$73.3B
P/E
27.0×
Fwd P/E
23.2×
Dividend yield
1.54%
F-score
6/9
Altman Z
4.62
Beneish M
−2.48
Dividend safety
82/100

A Balance Sheet is a financial statement that provides a snapshot of a company's assets, liabilities, and shareholders' equity at a specific point in time. It follows the formula: Assets = Liabilities + Shareholders' Equity. Key components include current and non-current assets, current and long-term liabilities, and equity. The Balance Sheet helps businesses and investors evaluate financial stability, liquidity, and capital structure. It's essential for assessing the company's ability to meet its obligations and fund future operations.

Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18 Dec '17 Dec '16
Cash and Short Term Investments
3,609.00 2,264.00 2,741.00 2,573.00 3,187.00 3,862.00 1,470.00 1,525.00 1,567.00 1,380.00
Receivables
5,818.00 5,181.00 5,583.00 5,202.00 3,990.00 3,820.00 3,670.00 3,866.00 3,618.00 3,025.00
Inventory
5,822.00 5,742.00 5,677.00 5,603.00 4,355.00 3,425.00 3,486.00 3,759.00 3,166.00 2,675.00
Total current assets
16,925.00 14,752.00 15,198.00 14,451.00 12,309.00 11,897.00 9,387.00 9,818.00 8,928.00 7,707.00
Property, Plant, Equpment (Net)
6,958.00 6,356.00 6,249.00 5,521.00 4,422.00 4,255.00 4,245.00 4,096.00 3,927.00 3,800.00
Long-Term Investments
2,133.00 1,889.00 1,800.00 1,759.00 1,538.00 1,441.00 1,237.00 1,222.00 1,156.00 946.00
Goodwill and Intangible Assets (Total)
4,391.00 4,721.00 5,018.00 5,030.00 2,187.00 2,256.00 2,289.00 2,035.00 2,055.00 812.00
Long-term assets (Other)
2,552.00 2,633.00 2,543.00 2,140.00 1,766.00 1,733.00 1,578.00 962.00 966.00 1,015.00
Total non-current assets
17,067.00 16,788.00 16,807.00 15,848.00 11,401.00 10,727.00 10,350.00 9,244.00 9,147.00 7,304.00
Total Assets
33,992.00 31,540.00 32,005.00 30,299.00 23,710.00 22,624.00 19,737.00 19,062.00 18,075.00 15,011.00
Notes Payable
666.00 1,615.00 1,776.00 2,784.00 521.00 492.00 760.00 834.00 355.00 253.00
Accounts Payable
3,800.00 3,951.00 4,260.00 4,252.00 3,021.00 2,820.00 2,534.00 2,822.00 2,579.00 1,854.00
Accrued Expenses
1,518.00 1,763.00 1,775.00 1,343.00 1,438.00 1,158.00 1,363.00 1,333.00 1,265.00 745.00
Current Part of Debt
94.00 660.00 118.00 573.00 59.00 62.00 31.00 45.00 63.00 35.00
Current Revenue (Deferred)
1,606.00 1,347.00 1,220.00 1,004.00 855.00 691.00 533.00 498.00 500.00 468.00
Total current liabilities
9,610.00 11,234.00 12,903.00 11,421.00 7,084.00 6,335.00 6,260.00 6,384.00 5,677.00 4,325.00
Long Term Debt (Total)
6,792.00 4,784.00 4,802.00 4,498.00 3,579.00 3,610.00 1,576.00 1,597.00 1,588.00 1,568.00
Non-current Revenue (Deferred)
1,054.00 1,065.00 966.00 844.00 850.00 840.00 821.00 658.00 604.00 589.00
Pension and Post-Retirement Liabilities
— — — — 604.00 630.00 591.00 532.00 619.00 655.00
Minority Interests
— — — 258.00 366.00 — — — — —
Non-current Liabilities (Other)
3,128.00 3,149.00 3,430.00 3,311.00 2,796.00 2,220.00 2,024.00 1,632.00 1,423.00 1,289.00
Total non-current liabilities
10,974.00 8,998.00 9,198.00 8,911.00 7,591.00 7,300.00 5,012.00 4,419.00 4,234.00 3,512.00
Total liabilities
20,584.00 20,232.00 22,101.00 20,332.00 14,675.00 13,635.00 11,272.00 10,803.00 9,911.00 7,837.00
Additional Paid In Capital
— — — — — — (2.00) (5.00) (7.00) (8.00)
Common Stock (Net)
2,673.00 2,636.00 2,564.00 2,243.00 2,099.00 2,404.00 2,346.00 2,271.00 2,210.00 2,153.00
Retained Earnings
22,616.00 20,828.00 17,851.00 18,037.00 16,741.00 15,419.00 14,416.00 12,917.00 11,464.00 11,040.00
Treasury Stock
10,662.00 10,748.00 9,359.00 9,415.00 9,123.00 7,779.00 7,225.00 6,028.00 4,905.00 4,489.00
Common Equity (Total)
13,408.00 11,308.00 9,904.00 9,967.00 9,035.00 8,989.00 8,465.00 8,259.00 8,164.00 7,174.00
Shareholders Equity (Total)
13,408.00 11,308.00 9,904.00 9,967.00 9,035.00 8,989.00 8,465.00 8,259.00 8,164.00 7,174.00
Shareholders Equity and Liabilities (Total)
33,992.00 31,540.00 32,005.00 30,299.00 23,710.00 22,624.00 19,737.00 19,062.00 18,075.00 15,011.00
Shares (Common)
138.10 137.40 141.80 141.30 142.50 147.60 150.70 158.00 165.20 167.50
Shareholders Equity (Tangible)
9,017.00 6,587.00 4,886.00 4,937.00 6,848.00 6,733.00 6,176.00 6,224.00 6,109.00 6,362.00
Net Debt
3,277.00 3,180.00 2,179.00 2,498.00 451.00 (190.00) 137.00 117.00 84.00 223.00
Total Debt
6,886.00 5,444.00 4,920.00 5,071.00 3,638.00 3,672.00 1,607.00 1,642.00 1,651.00 1,603.00

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In millions of $ except per-share values · columns are period end dates