Cummins (CMI) Asset Utilization Ratio (2009 - 2026)
Cummins' (CMI) quarterly Asset Utilization Ratio came in at 0.99 in Q1 2026, down 6.32% YoY from 1.06 in Q1 2025, and down 0.52% on a QoQ basis from 1.0 in Q4 2025.
Cummins (CMI) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
Cummins (CMI) has 18 years of Asset Utilization Ratio data on file, last reported at 0.99 in Q1 2026.
- Quarterly Asset Utilization Ratio fell 6.32% year-over-year to 0.99 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.99 (down 6.32% YoY) and the FY2025 annual result came in at 1.03, down 4.26% from the prior year.
- Asset Utilization Ratio slipped to 0.99 in Q1 2026, from 1.0 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 1.08 in Q2 2024 to a low of 0.55 in Q1 2022.
- A 5-year average of 0.98 and a median of 1.01 in 2025 frame the typical range for Asset Utilization Ratio.
- Annual changes were most pronounced in 2022 — Asset Utilization Ratio sank 40.5% — and 2023, when it surged 79.06%.
- Tracing CMI's Asset Utilization Ratio over 5 years: stood at 0.93 in 2022, then climbed by 13.7% to 1.06 in 2023, then gained by 0.91% to 1.07 in 2024, then declined by 7.16% to 1.0 in 2025, then decreased by 0.52% to 0.99 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.99 (Q1 2026), 1.0 (Q4 2025), and 0.99 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 259.17 Bn | 246.05 Bn | 2.36 Bn | 0.53 |
| 2 | Eaton | 161.52 Bn | 160.83 Bn | 2.86 Bn | 1.07 |
| 3 | Parker-Hannifin | 126.40 Bn | 125.92 Bn | 2.02 Bn | 0.69 |
| 4 | Emerson Electric | 86.56 Bn | 84.38 Bn | 2.66 Bn | 0.44 |
| 5 | Cummins | 81.89 Bn | 77.22 Bn | 2.47 Bn | 0.99 |
| 6 | Illinois Tool Works | 80.94 Bn | 80.10 Bn | 1.90 Bn | 1.01 |
| 7 | Ametek | 54.90 Bn | 54.40 Bn | 735.04 Mn | 0.48 |
| 8 | Rockwell Automation | 47.96 Bn | 47.48 Bn | 1.14 Bn | 0.80 |
| 9 | Ingersoll Rand | 30.93 Bn | 29.76 Bn | 862.60 Mn | 0.44 |
| 10 | Otis Worldwide | 27.48 Bn | 26.67 Bn | 1.14 Bn | 1.37 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.99 |
| Mar 31, 2026 | 0.99 |
| Dec 31, 2025 | 1.00 |
| Sep 30, 2025 | 0.99 |
| Jun 30, 2025 | 1.01 |
| Mar 31, 2025 | 1.06 |
| Dec 31, 2024 | 1.07 |
| Sep 30, 2024 | 1.08 |
| Jun 30, 2024 | 1.08 |
| Mar 31, 2024 | 1.07 |
| Dec 31, 2023 | 1.06 |
| Sep 30, 2023 | 1.04 |
| Jun 30, 2023 | 1.02 |
| Mar 31, 2023 | 0.98 |
| Dec 31, 2022 | 0.93 |
| Sep 30, 2022 | 0.96 |
| Jun 30, 2022 | 0.79 |
| Mar 31, 2022 | 0.55 |
| Dec 31, 2021 | 0.55 |
| Oct 3, 2021 | 0.56 |