Cummins (CMI) Debt Ratio (2009 - 2026)

Cummins (CMI) posted Debt Ratio of 0.2 for Q1 2026, down 1.32% on a QoQ basis from 0.2 in Q4 2025, and up 19.17% year-over-year from 0.17 in Q1 2025.

Cummins (CMI) Debt Ratio (2009 - 2026) Analysis & Trends

Cummins' Debt Ratio history runs 18 years deep, the most recent figure standing at 0.2 for Q1 2026.

  • Quarterly Debt Ratio rose 19.17% year-over-year to 0.2 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.2 (up 19.17% YoY) and the FY2025 annual result came in at 0.2, up 17.36% from the prior year.
  • Debt Ratio was 0.2 for Q1 2026 at Cummins, down from 0.2 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.22 in Q2 2025 and bottomed at 0.15 in Q2 2022.
  • A 5-year average of 0.18 and a median of 0.17 in 2024 frame the typical range for Debt Ratio.
  • Annual changes were most pronounced in 2022 — Debt Ratio decreased 10.7% — and 2023, when it increased 22.89%.
  • Cummins' Debt Ratio stood at 0.17 in 2022, then slipped by 8.15% to 0.15 in 2023, then climbed by 12.28% to 0.17 in 2024, then grew by 17.36% to 0.2 in 2025, then fell by 1.32% to 0.2 in 2026.
  • Business Quant data shows CMI's Debt Ratio at 0.2 in Q1 2026, 0.2 in Q4 2025, and 0.21 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 GE Vernova 270.93 Bn 257.81 Bn 2.36 Bn 0.03
2 Eaton 156.55 Bn 155.79 Bn 2.65 Bn 0.38
3 Parker-Hannifin 124.04 Bn 123.57 Bn 2.02 Bn 0.31
4 Cummins 91.66 Bn 88.48 Bn 2.24 Bn 0.20
5 Emerson Electric 82.90 Bn 81.11 Bn 2.42 Bn 0.32
6 Illinois Tool Works 81.54 Bn 80.71 Bn 1.76 Bn 0.56
7 Ametek 55.40 Bn 54.92 Bn 717.56 Mn 0.13
8 Rockwell Automation 51.78 Bn 51.35 Bn 1.13 Bn 0.33
9 Ingersoll Rand 32.99 Bn 31.71 Bn 792.40 Mn 0.26
10 Xylem 29.09 Bn 28.28 Bn 803.00 Mn 0.11

Historic Data

Download Data
DateValue
Mar 31, 2026 0.20
Dec 31, 2025 0.20
Sep 30, 2025 0.21
Jun 30, 2025 0.22
Mar 31, 2025 0.17
Dec 31, 2024 0.17
Sep 30, 2024 0.17
Jun 30, 2024 0.18
Mar 31, 2024 0.18
Dec 31, 2023 0.15
Sep 30, 2023 0.17
Jun 30, 2023 0.18
Mar 31, 2023 0.16
Dec 31, 2022 0.17
Sep 30, 2022 0.18
Jun 30, 2022 0.15
Mar 31, 2022 0.15
Dec 31, 2021 0.15
Oct 3, 2021 0.16
Jul 4, 2021 0.16