Cummins (CMI) Goodwill (2009 - 2026)
Cummins (CMI) reported Goodwill of $2.22 billion for Q2 2026, down 8.7% from $2.43 billion a year earlier but up 0.1% from the prior quarter.
Analysis
Cummins (CMI) Goodwill (2009 - 2026) Analysis & Trends
Dating back to Q2 2009, Cummins' Goodwill record includes 69 quarters.
- Goodwill has a five-year compound annual growth rate of 11.5% (FY2020 to FY2025).
- By year, Goodwill came in at $2.37 billion in FY2024 (-5.2%), $2.5 billion in FY2023 (+6.7%), $2.34 billion in FY2022 (+82.1%) and $1.29 billion in FY2021 (-0.5%).
- Five-year quarterly Goodwill spans a low of $1.29 billion in Q1 2022 and a high of $2.5 billion in Q4 2023.
- Year over year, Goodwill has now declined in each of the last four quarters, with an average decline of 4.1% over the last eight quarters.
- The high point for year-over-year Goodwill in five years was Q1 2023 (growth of 83.9%); the low point was Q2 2026 (a decline of 8.7%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $2.22 billion (Q1 2026), $2.22 billion (Q4 2025) and $2.22 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 376.87 Bn | 348.57 Bn | 7.76 Bn |
| 2 | Amphenol | 208.65 Bn | 203.35 Bn | 3.55 Bn |
| 3 | Deere | 185.97 Bn | 194.73 Bn | 4.66 Bn |
| 4 | Eaton | 167.50 Bn | 164.73 Bn | 2.86 Bn |
| 5 | Parker-Hannifin | 122.25 Bn | 120.39 Bn | 2.25 Bn |
| 6 | Vertiv Holdings | 93.95 Bn | 84.57 Bn | 1.23 Bn |
| 7 | Emerson Electric | 88.90 Bn | 81.65 Bn | 2.66 Bn |
| 8 | 3M | 87.39 Bn | 68.85 Bn | 2.68 Bn |
| 9 | Illinois Tool Works | 78.00 Bn | 74.56 Bn | 1.90 Bn |
| 10 | Cummins | 71.32 Bn | 68.45 Bn | 2.47 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.22 Bn |
| Mar 31, 2026 | 2.22 Bn |
| Dec 31, 2025 | 2.22 Bn |
| Sep 30, 2025 | 2.22 Bn |
| Jun 30, 2025 | 2.43 Bn |
| Mar 31, 2025 | 2.40 Bn |
| Dec 31, 2024 | 2.37 Bn |
| Sep 30, 2024 | 2.41 Bn |
| Jun 30, 2024 | 2.39 Bn |
| Mar 31, 2024 | 2.41 Bn |
| Dec 31, 2023 | 2.50 Bn |
| Sep 30, 2023 | 2.38 Bn |
| Jun 30, 2023 | 2.40 Bn |
| Mar 31, 2023 | 2.37 Bn |
| Dec 31, 2022 | 2.34 Bn |
| Sep 30, 2022 | 2.23 Bn |
| Jun 30, 2022 | 1.39 Bn |
| Mar 31, 2022 | 1.29 Bn |
| Dec 31, 2021 | 1.29 Bn |
| Oct 3, 2021 | 1.29 Bn |
API Access
Cummins Goodwill 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=goodwill&ticker=CMI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill", "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=goodwill&ticker=CMI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();