Cummins (CMI) Free Cash Flow (2009 - 2026)
Cummins' (CMI) quarterly Free Cash Flow came in at $1.2 billion in Q2 2026, up 125.63% on a YoY basis from $554.0 million in Q2 2025, and up 941.67% quarter-over-quarter from $120.0 million in Q1 2026.
Analysis
Cummins (CMI) Free Cash Flow (2009 - 2026) Analysis & Trends
Cummins (CMI) has reported Free Cash Flow for 18 consecutive years, with $1.2 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Free Cash Flow rose 125.63% year-over-year to $1.2 billion; the trailing twelve-month figure through Jun 2026 stood at $3.4 billion (up 103.81% YoY), and the FY2025 full-year result was $2.4 billion, up 755.2% from the prior year.
- Free Cash Flow advanced to $1.2 billion in Q2 2026 per CMI's latest filing, from $120.0 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $1.2 billion in Q2 2026 and bottomed at -$1.1 billion in Q2 2024.
- Historically, Free Cash Flow has averaged $435.2 million across 5 years, with a median of $367.5 million in 2022.
- The sharpest annual moves came in 2023 and 2024: Free Cash Flow soared 593.89% in 2023, then plunged 516.41% in 2024.
- Over 5 years, Free Cash Flow stood at $354.0 million in 2022, then surged by 165.54% to $940.0 million in 2023, then fell by 6.17% to $882.0 million in 2024, then climbed by 12.24% to $990.0 million in 2025, then gained by 26.26% to $1.2 billion in 2026.
- According to Business Quant data, Free Cash Flow over the past three periods registered $1.2 billion, $120.0 million, and $990.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 370.59 Bn | 363.87 Bn | 7.76 Bn | -378.00 Mn |
| 2 | Cummins | 75.77 Bn | 71.10 Bn | 2.47 Bn | 1.25 Bn |
| 3 | Paccar | 64.57 Bn | 55.91 Bn | 1.56 Bn | -696.70 Mn |
| 4 | Borgwarner | 13.34 Bn | 10.89 Bn | 721.00 Mn | 490.00 Mn |
| 5 | Allison Transmission Holdings | 10.59 Bn | 10.19 Bn | 515.00 Mn | 281.00 Mn |
| 6 | Oshkosh | 9.21 Bn | 8.80 Bn | 480.30 Mn | 347.60 Mn |
| 7 | Federal Signal | 6.90 Bn | 6.84 Bn | 203.80 Mn | 101.00 Mn |
| 8 | Terex | 6.76 Bn | 6.35 Bn | 444.00 Mn | 95.00 Mn |
| 9 | Dana | 3.31 Bn | 2.98 Bn | 210.00 Mn | -33.00 Mn |
| 10 | Phinia | 2.45 Bn | 2.08 Bn | 216.00 Mn | 69.00 Mn |
Historic Data
Download Data
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 |