Cummins Inc. CMI
525.06
3.99
0.77%
as of 25 Sep
- Market cap
- $72.3B
- P/E
- 26.7×
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Cummins Inc. (CMI) Debt to equity
Cummins Inc.'s debt to equity at the end of the quarter to 30 June 2026 was 0.5×, down 0.0× from fiscal 2025 (0.5×). Over the past ten years it has ranged from 0.2× (fiscal 2019) to 0.5× (fiscal 2025) — the current reading is the highest in ten years. That is above the Specialty Industrial Machinery industry median of 0.3× and above the Industrials sector median of 0.3×.
Debt to equity, annual
Annual
| Period | Debt to equity | Change |
|---|---|---|
| FY2025 | 0.5× | 6.69% |
| FY2024 | 0.5× | (3.10%) |
| FY2023 | 0.5× | (2.36%) |
| FY2022 | 0.5× | 26.35% |
| FY2021 | 0.4× | (1.42%) |
| FY2020 | 0.4× | 115.23% |
| FY2019 | 0.2× | (4.53%) |
| FY2018 | 0.2× | (1.68%) |
| FY2017 | 0.2× | (9.49%) |
| FY2016 | 0.2× | 7.20% |
Quarterly
| Period | Debt to equity | Change |
|---|---|---|
| Jun 2026 | 0.5× | (3.83%) |
| Mar 2026 | 0.5× | 0.27% |
| Dec 2025 | 0.5× | (3.15%) |
| Sep 2025 | 0.5× | (8.03%) |
| 42 more quarters | Free account |
Against its own ten years
Low 0.2×
High 0.5×
Ten-year median
0.4×
Current reading's percentile
100
Debt to equity against peers
| Company | Debt to equity |
|---|---|
| SYM Symbotic Inc. compare | 0.0× |
| AME AMETEK, Inc. compare | 0.2× |
| PH Parker-Hannifin Corporation compare | 0.4× |
| IR Ingersoll Rand Inc. compare | 0.5× |
| CMI Cummins Inc. | 0.5× |
| EMR Emerson Electric Co. compare | 0.6× |
| ROK Rockwell Automation, Inc. compare | 0.7× |
| ETN Eaton Corporation, PLC compare | 0.9× |
| ITW Illinois Tool Works Inc. compare | 3.3× |
| Specialty Industrial Machinery industry median | 0.3× |
| Industrials sector median | 0.3× |
| Market median | 0.2× |
What Debt to equity is
Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.
(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)
More on CMI
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement