Cummins (CMI) FCF Payout Ratio (2009 - 2026)
Cummins' (CMI) quarterly FCF Payout Ratio came in at 0.22 in Q2 2026, down 51.27% on a YoY basis from 0.45 in Q2 2025, and down 90.4% quarter-over-quarter from 2.3 in Q1 2026.
Analysis
Cummins (CMI) FCF Payout Ratio (2009 - 2026) Analysis & Trends
Cummins (CMI) has reported FCF Payout Ratio for 18 consecutive years, with 0.22 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, FCF Payout Ratio fell 51.27% year-over-year to 0.22; the trailing twelve-month figure through Jun 2026 stood at 0.33 (down 45.89% YoY), and the FY2025 full-year result was 0.44, down 87.27% from the prior year.
- FCF Payout Ratio declined to 0.22 in Q2 2026 per CMI's latest filing, from 2.3 in the prior quarter.
- Across five years, FCF Payout Ratio topped out at 3.45 in Q1 2022 and bottomed at 1.52 in Q1 2025.
- Historically, FCF Payout Ratio has averaged 0.71 across 5 years, with a median of 0.45 in 2025.
- The sharpest annual moves came in 2022 and 2025: FCF Payout Ratio soared 341.32% in 2022, then plunged 168.1% in 2025.
- Over 5 years, FCF Payout Ratio stood at 0.63 in 2022, then plunged by 59.63% to 0.25 in 2023, then rose by 11.95% to 0.28 in 2024, then fell by 1.29% to 0.28 in 2025, then slipped by 21.09% to 0.22 in 2026.
- According to Business Quant data, FCF Payout Ratio over the past three periods registered 0.22, 2.3, and 0.28 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 370.59 Bn | 363.87 Bn | 7.76 Bn | - |
| 2 | Cummins | 75.77 Bn | 71.10 Bn | 2.47 Bn | 0.22 |
| 3 | Paccar | 64.57 Bn | 55.91 Bn | 1.56 Bn | - |
| 4 | Borgwarner | 13.34 Bn | 10.89 Bn | 721.00 Mn | 0.07 |
| 5 | Allison Transmission Holdings | 10.59 Bn | 10.19 Bn | 515.00 Mn | 0.09 |
| 6 | Oshkosh | 9.21 Bn | 8.80 Bn | 480.30 Mn | 0.10 |
| 7 | Federal Signal | 6.90 Bn | 6.84 Bn | 203.80 Mn | 0.09 |
| 8 | Terex | 6.76 Bn | 6.35 Bn | 444.00 Mn | 0.21 |
| 9 | Dana | 3.31 Bn | 2.98 Bn | 210.00 Mn | - |
| 10 | Phinia | 2.45 Bn | 2.08 Bn | 216.00 Mn | 0.16 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.22 |
| Mar 31, 2026 | 2.30 |
| Dec 31, 2025 | 0.28 |
| Sep 30, 2025 | 0.27 |
| Jun 30, 2025 | 0.45 |
| Mar 31, 2025 | -1.52 |
| Dec 31, 2024 | 0.28 |
| Sep 30, 2024 | 0.66 |
| Jun 30, 2024 | -0.21 |
| Mar 31, 2024 | 2.23 |
| Dec 31, 2023 | 0.25 |
| Sep 30, 2023 | 0.19 |
| Jun 30, 2023 | 0.85 |
| Mar 31, 2023 | 0.74 |
| Dec 31, 2022 | 0.63 |
| Sep 30, 2022 | 1.23 |
| Jun 30, 2022 | 0.45 |
| Mar 31, 2022 | 3.45 |
| Dec 31, 2021 | 0.58 |
| Oct 3, 2021 | 0.49 |