Cummins (CMI) Free Cash Flow (2009 - 2026)
Cummins (CMI) reported Free Cash Flow of $1.25 billion for Q2 2026, up 125.6% from $554 million a year earlier and up 941.7% from the prior quarter.
Cummins (CMI) Free Cash Flow (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Cummins' Free Cash Flow came in at $3.37 billion, up 103.8% year-over-year; for FY2025, it came in at $2.39 billion, up 755.2% from FY2024.
- Free Cash Flow has a five-year compound annual growth rate of 1.7% (FY2020 to FY2025).
- By year, Free Cash Flow came in at $279 million in FY2024 (-89.9%), $2.75 billion in FY2023 (+163.2%), $1.05 billion in FY2022 (-31.3%) and $1.52 billion in FY2021 (-30.6%).
- The Q2 2026 figure ranks as the highest quarterly Free Cash Flow in data going back to Q1 2009.
- Year over year, Free Cash Flow gained in three of the last five quarters, with growth averaging 45.3%.
- The high point for year-over-year Free Cash Flow in five years was Q3 2023 (growth of 593.9%); the low point was Q1 2022 (a decline of 76.2%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $120 million (Q1 2026), $990 million (Q4 2025) and $1.01 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 3.78 Bn |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 1.20 Bn |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 1.57 Bn |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 874.00 Mn |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 1.56 Bn |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 926.50 Mn |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 1.32 Bn |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 763.00 Mn |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 631.00 Mn |
| 10 | Cummins | 71.14 Bn | 68.27 Bn | 2.47 Bn | 1.25 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.25 Bn |
| Mar 31, 2026 | 120.00 Mn |
| Dec 31, 2025 | 990.00 Mn |
| Sep 30, 2025 | 1.01 Bn |
| Jun 30, 2025 | 554.00 Mn |
| Mar 31, 2025 | -165.00 Mn |
| Dec 31, 2024 | 882.00 Mn |
| Sep 30, 2024 | 381.00 Mn |
| Jun 30, 2024 | -1.09 Bn |
| Mar 31, 2024 | 107.00 Mn |
| Dec 31, 2023 | 940.00 Mn |
| Sep 30, 2023 | 1.25 Bn |
| Jun 30, 2023 | 262.00 Mn |
| Mar 31, 2023 | 302.00 Mn |
| Dec 31, 2022 | 354.00 Mn |
| Sep 30, 2022 | 180.00 Mn |
| Jun 30, 2022 | 452.00 Mn |
| Mar 31, 2022 | 60.00 Mn |
| Dec 31, 2021 | 360.00 Mn |
| Oct 3, 2021 | 419.00 Mn |
Cummins Free Cash Flow 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=free-cash-flow&ticker=CMI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=CMI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();