Cummins (CMI) Asset Utilization Ratio (2009 - 2026)
Cummins (CMI) posted Asset Utilization Ratio of 0.99 for Q1 2026, down 0.52% on a QoQ basis from 1.0 in Q4 2025, and down 6.32% year-over-year from 1.06 in Q1 2025.
Cummins (CMI) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
Cummins' Asset Utilization Ratio history runs 18 years deep, the most recent figure standing at 0.99 for 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 was 0.99 for Q1 2026 at Cummins, down from 1.0 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 1.08 in Q2 2024 and bottomed at 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 plunged 40.5% — and 2023, when it surged 79.06%.
- Cummins' Asset Utilization Ratio stood at 0.93 in 2022, then increased by 13.7% to 1.06 in 2023, then climbed by 0.91% to 1.07 in 2024, then retreated by 7.16% to 1.0 in 2025, then dropped by 0.52% to 0.99 in 2026.
- Business Quant data shows CMI's Asset Utilization Ratio at 0.99 in Q1 2026, 1.0 in Q4 2025, and 0.99 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 270.93 Bn | 257.81 Bn | 2.36 Bn | 0.53 |
| 2 | Eaton | 156.55 Bn | 155.79 Bn | 2.65 Bn | 0.59 |
| 3 | Parker-Hannifin | 124.04 Bn | 123.57 Bn | 2.02 Bn | 0.69 |
| 4 | Cummins | 91.66 Bn | 88.48 Bn | 2.24 Bn | 0.99 |
| 5 | Emerson Electric | 82.90 Bn | 81.11 Bn | 2.42 Bn | 0.44 |
| 6 | Illinois Tool Works | 81.54 Bn | 80.71 Bn | 1.76 Bn | 1.00 |
| 7 | Ametek | 55.40 Bn | 54.92 Bn | 717.56 Mn | 0.47 |
| 8 | Rockwell Automation | 51.78 Bn | 51.35 Bn | 1.13 Bn | 0.78 |
| 9 | Ingersoll Rand | 32.99 Bn | 31.71 Bn | 792.40 Mn | 0.43 |
| 10 | Xylem | 29.09 Bn | 28.28 Bn | 803.00 Mn | 0.53 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jul 4, 2021 | 0.77 |