Cummins (CMI) Interest Coverage Ratio (2009 - 2026)
Cummins' (CMI) quarterly Interest Coverage Ratio came in at 1.49 in Q1 2026, down 10.15% YoY from 1.66 in Q1 2025, and down 69.99% on a QoQ basis from 4.96 in Q4 2025.
Cummins (CMI) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Cummins (CMI) has 18 years of Interest Coverage Ratio data on file, last reported at 1.49 in Q1 2026.
- Quarterly Interest Coverage Ratio fell 10.15% year-over-year to 1.49 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 6.02 (up 4.09% YoY) and the FY2025 annual result came in at 5.81, up 35.06% from the prior year.
- Interest Coverage Ratio fell to 1.49 in Q1 2026, from 4.96 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 14.43 in Q4 2023 to a low of 4.69 in Q4 2024.
- A 5-year average of 1.65 and a median of 1.38 in 2023 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio tumbled 159.52% — and 2023, when it soared 452.62%.
- Tracing CMI's Interest Coverage Ratio over 5 years: stood at 4.09 in 2022, then soared by 452.62% to 14.43 in 2023, then sank by 132.52% to 4.69 in 2024, then jumped by 205.65% to 4.96 in 2025, then sank by 69.99% to 1.49 in 2026.
- The last three Interest Coverage Ratio figures came in at 1.49 (Q1 2026), 4.96 (Q4 2025), and 1.29 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 257.21 Bn | 244.09 Bn | 2.36 Bn | -8.95 |
| 2 | Eaton | 164.36 Bn | 163.67 Bn | 2.86 Bn | 6.93 |
| 3 | Parker-Hannifin | 126.40 Bn | 125.92 Bn | 2.02 Bn | 11.44 |
| 4 | Emerson Electric | 87.17 Bn | 84.99 Bn | 2.66 Bn | - |
| 5 | Cummins | 81.62 Bn | 76.95 Bn | 2.47 Bn | 15.99 |
| 6 | Illinois Tool Works | 80.70 Bn | 79.86 Bn | 1.90 Bn | 14.52 |
| 7 | Ametek | 54.82 Bn | 54.32 Bn | 735.04 Mn | 17.55 |
| 8 | Rockwell Automation | 48.29 Bn | 47.81 Bn | 1.14 Bn | 14.58 |
| 9 | Ingersoll Rand | 31.55 Bn | 30.38 Bn | 862.60 Mn | 6.01 |
| 10 | Otis Worldwide | 27.58 Bn | 26.77 Bn | 1.14 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.94 |
| Mar 31, 2026 | 1.49 |
| Dec 31, 2025 | 4.96 |
| Sep 30, 2025 | 1.29 |
| Jun 30, 2025 | 1.87 |
| Mar 31, 2025 | 1.66 |
| Dec 31, 2024 | -4.69 |
| Sep 30, 2024 | 1.53 |
| Jun 30, 2024 | 1.58 |
| Mar 31, 2024 | 1.42 |
| Dec 31, 2023 | 14.43 |
| Sep 30, 2023 | 1.30 |
| Jun 30, 2023 | 1.33 |
| Mar 31, 2023 | 1.38 |
| Dec 31, 2022 | -4.09 |
| Sep 30, 2022 | 0.78 |
| Jun 30, 2022 | 1.13 |
| Mar 31, 2022 | 0.76 |
| Dec 31, 2021 | 6.88 |
| Oct 3, 2021 | 0.96 |