Cummins (CMI) Change in Inventory (2009 - 2026)
Cummins (CMI) recorded Change in Inventory of $279 million in Q2 2026, up 165.7% from $105 million a year earlier but down 16.2% from the prior quarter.
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Analysis
Cummins (CMI) Change in Inventory (2009 - 2026) Analysis & Trends
On a TTM basis, Cummins' Change in Inventory came in at $215 million as of Jun 30, 2026, down 41.7% year-over-year; for FY2025, it came in at $39 million, down 90.3% from FY2024.
- Across earlier years, Change in Inventory came in at $402 million in FY2024, $567 million in FY2022 (-40.0%) and $945 million in FY2021.
- Quarterly Change in Inventory has ranged from -$407 million in Q4 2025 to $354 million in Q1 2024 over the past five years.
- On a year-over-year basis, Change in Inventory rose in two of the last five quarters, with growth averaging 11.0%.
- Peak year-over-year performance for Change in Inventory in the last five years was growth of 165.7% in Q2 2026, against a decline of 96.1% in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $333 million (Q1 2026), -$407 million (Q4 2025) and $10 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 1.05 Bn |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | - |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | -295.00 Mn |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | - |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | -7.00 Mn |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 663.80 Mn |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 60.00 Mn |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 81.00 Mn |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 32.00 Mn |
| 10 | Cummins | 71.14 Bn | 68.27 Bn | 2.47 Bn | 279.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 279.00 Mn |
| Mar 31, 2026 | 333.00 Mn |
| Dec 31, 2025 | -407.00 Mn |
| Sep 30, 2025 | 10.00 Mn |
| Jun 30, 2025 | 105.00 Mn |
| Mar 31, 2025 | 331.00 Mn |
| Dec 31, 2024 | -324.00 Mn |
| Sep 30, 2024 | 257.00 Mn |
| Jun 30, 2024 | 115.00 Mn |
| Mar 31, 2024 | 354.00 Mn |
| Dec 31, 2023 | -318.00 Mn |
| Sep 30, 2023 | -85.00 Mn |
| Jun 30, 2023 | 140.00 Mn |
| Mar 31, 2023 | 263.00 Mn |
| Dec 31, 2022 | -30.00 Mn |
| Sep 30, 2022 | 99.00 Mn |
| Jun 30, 2022 | 209.00 Mn |
| Mar 31, 2022 | 289.00 Mn |
| Dec 31, 2021 | 26.00 Mn |
| Oct 3, 2021 | 291.00 Mn |
API Access
Cummins Change in Inventory 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-inventory&ticker=CMI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-inventory", "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-inventory&ticker=CMI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();