Cummins (CMI) Change in Intangibles (2009 - 2022)
Cummins (CMI) posted Change in Intangibles of $20 million for Q3 2022, up 42.9% from $14 million a year earlier and up 53.8% from the prior quarter.
Cummins (CMI) Change in Intangibles (2009 - 2022) Analysis & Trends
For the trailing twelve months through Sep 30, 2022, Change in Intangibles at Cummins was $60 million, up 20.0% year-over-year; for FY2021, it came in at $52 million, up 10.6% from FY2020.
- Annual Change in Intangibles shows a five-year compound annual growth rate of -3.8% (FY2016 to FY2021).
- In prior years, Cummins' Change in Intangibles was $47 million in FY2020 (-37.3%), $75 million in FY2019 (unchanged), $75 million in FY2018 (-7.4%) and $81 million in FY2017 (+28.6%).
- The Q3 2022 figure stands as the highest quarterly Change in Intangibles since Q4 2019.
- On a year-over-year basis, Change in Intangibles increased in five of the last eight quarters, with growth averaging 8.8%.
- The strongest year-over-year quarter for Change in Intangibles in the past five years was Q2 2018, with growth of 53.8%; the weakest was Q1 2020, with a decline of 60.0%.
- According to Business Quant data, Change in Intangibles for the three prior quarters was $13 million (Q2 2022), $11 million (Q1 2022) and $16 million (Q4 2021).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Intangibless (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 316.31 Bn | 288.01 Bn | 7.76 Bn | - |
| 2 | Amphenol | 182.52 Bn | 177.10 Bn | 3.55 Bn | - |
| 3 | Deere | 173.87 Bn | 141.97 Bn | 4.66 Bn | - |
| 4 | Eaton | 143.33 Bn | 140.51 Bn | 2.86 Bn | - |
| 5 | Parker-Hannifin | 110.97 Bn | 109.10 Bn | 2.25 Bn | - |
| 6 | Emerson Electric | 90.61 Bn | 83.35 Bn | 2.66 Bn | - |
| 7 | 3M | 90.25 Bn | 71.69 Bn | 2.78 Bn | - |
| 8 | Illinois Tool Works | 79.28 Bn | 75.84 Bn | 1.90 Bn | - |
| 9 | Vertiv Holdings | 75.09 Bn | 65.71 Bn | 1.23 Bn | 1.20 Mn |
| 10 | Cummins | 71.61 Bn | 67.69 Bn | 2.47 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2022 | 20.00 Mn |
| Jun 30, 2022 | 13.00 Mn |
| Mar 31, 2022 | 11.00 Mn |
| Dec 31, 2021 | 16.00 Mn |
| Oct 3, 2021 | 14.00 Mn |
| Jul 4, 2021 | 11.00 Mn |
| Apr 4, 2021 | 11.00 Mn |
| Dec 31, 2020 | 14.00 Mn |
| Sep 27, 2020 | 12.00 Mn |
| Jun 28, 2020 | 13.00 Mn |
| Mar 29, 2020 | 8.00 Mn |
| Dec 31, 2019 | 25.00 Mn |
| Sep 29, 2019 | 16.00 Mn |
| Jun 30, 2019 | 14.00 Mn |
| Mar 31, 2019 | 20.00 Mn |
| Dec 31, 2018 | 20.00 Mn |
| Sep 30, 2018 | 20.00 Mn |
| Jul 1, 2018 | 20.00 Mn |
| Apr 1, 2018 | 15.00 Mn |
| Dec 31, 2017 | 22.00 Mn |
Cummins Change in Intangibles API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-intangibles&ticker=CMI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-intangibles", "ticker": "CMI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=change-in-intangibles&ticker=CMI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();