Cummins (CMI) Deferred Taxes (2009 - 2026)
Cummins (CMI) recorded Deferred Taxes of $27 million in Q2 2026, compared with -$113 million a year earlier.
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Analysis
Cummins (CMI) Deferred Taxes (2009 - 2026) Analysis & Trends
On a TTM basis, Cummins' Deferred Taxes came in at $239 million as of Jun 30, 2026; for FY2025, it was $86 million.
- Annual Deferred Taxes has a five-year compound annual growth rate of 65.2% (FY2020 to FY2025).
- Across earlier years, Deferred Taxes came in at -$209 million in FY2024, -$457 million in FY2023, -$274 million in FY2022 and $7 million in FY2021 (unchanged).
- Quarterly Deferred Taxes has ranged from -$219 million in Q4 2023 to $206 million in Q3 2025 over the past five years.
- Per Business Quant, the preceding three quarters came in at -$12 million (Q1 2026), $18 million (Q4 2025) and $206 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 350.02 Bn | 321.72 Bn | 7.76 Bn | 110.00 Mn |
| 2 | Amphenol | 208.00 Bn | 202.58 Bn | 3.55 Bn | 114.30 Mn |
| 3 | Deere | 173.09 Bn | 141.19 Bn | 4.66 Bn | 7.00 Mn |
| 4 | Eaton | 164.29 Bn | 161.48 Bn | 2.86 Bn | 98.00 Mn |
| 5 | Parker-Hannifin | 120.05 Bn | 118.18 Bn | 2.25 Bn | 3.00 Mn |
| 6 | Emerson Electric | 90.05 Bn | 82.78 Bn | 2.66 Bn | - |
| 7 | Vertiv Holdings | 89.87 Bn | 80.49 Bn | 1.23 Bn | 2.10 Mn |
| 8 | 3M | 83.69 Bn | 65.09 Bn | 2.68 Bn | 45.00 Mn |
| 9 | Illinois Tool Works | 75.54 Bn | 72.09 Bn | 1.90 Bn | 6.00 Mn |
| 10 | Cummins | 72.12 Bn | 68.19 Bn | 2.47 Bn | 27.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.00 Mn |
| Mar 31, 2026 | -12.00 Mn |
| Dec 31, 2025 | 18.00 Mn |
| Sep 30, 2025 | 206.00 Mn |
| Jun 30, 2025 | -113.00 Mn |
| Mar 31, 2025 | -25.00 Mn |
| Dec 31, 2024 | -103.00 Mn |
| Sep 30, 2024 | -7.00 Mn |
| Jun 30, 2024 | -61.00 Mn |
| Mar 31, 2024 | -38.00 Mn |
| Dec 31, 2023 | -219.00 Mn |
| Sep 30, 2023 | -106.00 Mn |
| Jun 30, 2023 | -94.00 Mn |
| Mar 31, 2023 | -38.00 Mn |
| Dec 31, 2022 | -80.00 Mn |
| Sep 30, 2022 | -82.00 Mn |
| Jun 30, 2022 | -46.00 Mn |
| Mar 31, 2022 | -66.00 Mn |
| Dec 31, 2021 | -37.00 Mn |
| Oct 3, 2021 | 27.00 Mn |
API Access
Cummins Deferred Taxes 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=deferred-taxes&ticker=CMI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "deferred-taxes", "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=deferred-taxes&ticker=CMI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();