Cummins (CMI) FCF Payout Ratio (2009 - 2026)
Cummins (CMI) reported FCF Payout Ratio of 2.3 for Q1 2026, up 251.2% on a YoY basis from 0.65 in Q1 2025, and up 722.02% quarter-over-quarter from 0.28 in Q4 2025.
Cummins (CMI) FCF Payout Ratio (2009 - 2026) Analysis & Trends
Cummins has reported FCF Payout Ratio for 18 years, with the latest figure at 2.3 in Q1 2026.
- For the quarter ending Q1 2026, FCF Payout Ratio rose 251.2% year-over-year to 2.3; the trailing twelve-month figure through Mar 2026 stood at 0.4 (down 99.71% YoY), and the FY2025 full-year result was 0.44, down 87.27% from the prior year.
- FCF Payout Ratio for Q1 2026 stood at 2.3, up from 0.28 in the prior quarter.
- The five-year high for FCF Payout Ratio was 3.45 in Q1 2022, with the low at 1.52 in Q1 2025.
- Historically, FCF Payout Ratio has averaged 0.74 across 5 years, with a median of 0.45 in 2025.
- Annual changes were most pronounced in 2022 — FCF Payout Ratio surged 8604.62% — and 2025, when it tumbled 168.1%.
- Cummins' FCF Payout Ratio stood at 0.63 in 2022, then slumped by 59.63% to 0.25 in 2023, then grew by 11.95% to 0.28 in 2024, then dropped by 1.29% to 0.28 in 2025, then soared by 722.02% to 2.3 in 2026.
- The last three FCF Payout Ratio figures came in at 2.3 (Q1 2026), 0.28 (Q4 2025), and 0.27 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 251.14 Bn | 242.11 Bn | 1.78 Bn | 0.03 |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn | 1.32 |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn | 0.26 |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn | 2.30 |
| 5 | Emerson Electric | 77.51 Bn | 75.74 Bn | 2.42 Bn | -0.45 |
| 6 | Illinois Tool Works | 72.86 Bn | 72.03 Bn | 1.76 Bn | 0.88 |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn | 0.18 |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn | 0.56 |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn | 0.54 |
| 10 | Ingersoll Rand | 28.28 Bn | 27.07 Bn | 792.40 Mn | 0.05 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 6.12 |
| Oct 3, 2021 | 0.37 |
| Jul 4, 2021 | 0.63 |