Cummins (CMI) Goodwill & Intangibles (2009 - 2026)
Cummins' Goodwill & Intangibles was $4.39 billion in Q2 2026, down 9.1% from $4.83 billion a year earlier and down 0.5% from the prior quarter.
Analysis
Cummins (CMI) Goodwill & Intangibles (2009 - 2026) Analysis & Trends
From Q2 2009 onward, Cummins has reported Goodwill & Intangibles for 69 quarters.
- Goodwill & Intangibles has now declined for three consecutive years, though with a five-year compound annual growth rate of 14.2% (FY2020 to FY2025).
- In earlier years, Goodwill & Intangibles was $4.72 billion in FY2024 (-5.9%), $5.02 billion in FY2023 (-0.2%), $5.03 billion in FY2022 (+130.0%) and $2.19 billion in FY2021 (-3.1%).
- The Q2 2026 figure marks the lowest quarterly Goodwill & Intangibles since Q2 2022.
- Compared with a year earlier, Goodwill & Intangibles has declined for 11 straight quarters, with an average decline of 4.9% over the last eight quarters.
- The best year-over-year quarter for Goodwill & Intangibles over five years was Q4 2022 (growth of 130.0%); the worst was Q2 2026 (a decline of 9.1%).
- Per Business Quant data, CMI's Goodwill & Intangibles in the three quarters before Q2 2026 was $4.41 billion (Q1 2026), $4.39 billion (Q4 2025) and $4.57 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 351.95 Bn | 323.65 Bn | 7.76 Bn |
| 2 | Amphenol | 210.08 Bn | 204.66 Bn | 3.55 Bn |
| 3 | Deere | 174.33 Bn | 142.42 Bn | 4.66 Bn |
| 4 | Eaton | 165.73 Bn | 162.92 Bn | 2.86 Bn |
| 5 | Parker-Hannifin | 120.53 Bn | 118.66 Bn | 2.25 Bn |
| 6 | Emerson Electric | 90.72 Bn | 83.45 Bn | 2.66 Bn |
| 7 | Vertiv Holdings | 90.41 Bn | 81.03 Bn | 1.23 Bn |
| 8 | 3M | 83.98 Bn | 65.38 Bn | 2.68 Bn |
| 9 | Illinois Tool Works | 75.85 Bn | 72.41 Bn | 1.90 Bn |
| 10 | Cummins | 72.65 Bn | 68.72 Bn | 2.47 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.39 Bn |
| Mar 31, 2026 | 4.41 Bn |
| Dec 31, 2025 | 4.39 Bn |
| Sep 30, 2025 | 4.57 Bn |
| Jun 30, 2025 | 4.83 Bn |
| Mar 31, 2025 | 4.80 Bn |
| Dec 31, 2024 | 4.72 Bn |
| Sep 30, 2024 | 4.87 Bn |
| Jun 30, 2024 | 4.90 Bn |
| Mar 31, 2024 | 4.86 Bn |
| Dec 31, 2023 | 5.02 Bn |
| Sep 30, 2023 | 4.90 Bn |
| Jun 30, 2023 | 4.99 Bn |
| Mar 31, 2023 | 5.01 Bn |
| Dec 31, 2022 | 5.03 Bn |
| Sep 30, 2022 | 4.83 Bn |
| Jun 30, 2022 | 2.45 Bn |
| Mar 31, 2022 | 2.20 Bn |
| Dec 31, 2021 | 2.19 Bn |
| Oct 3, 2021 | 2.21 Bn |
API Access
Cummins Goodwill & Intangibles 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-and-intangibles&ticker=CMI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill-and-intangibles", "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-and-intangibles&ticker=CMI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();