Cummins (CMI) Interest Coverage Ratio (2009 - 2026)
Cummins' Interest Coverage Ratio came in at 15.99 for Q2 2026, up 13.5% from 14.09 a year earlier and up 28.0% from the prior quarter.
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Analysis
Cummins (CMI) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Cummins reported Interest Coverage Ratio of 12.13, down 1.6% year-over-year; for FY2025, it was 12.23, up 20.7% from FY2024.
- Going back by year, Interest Coverage Ratio was 10.14 in FY2024 (+115.8%), 4.70 in FY2023 (-68.1%), 14.72 in FY2022 (-39.6%) and 24.38 in FY2021 (+7.4%).
- The Q2 2026 figure represents the highest quarterly Interest Coverage Ratio since Q2 2022.
- Year-over-year, Interest Coverage Ratio increased in five of the last seven quarters, with growth averaging 16.9%.
- The fastest year-over-year change in Interest Coverage Ratio over five years came in Q2 2025 (growth of 47.0%), and the weakest in Q1 2023 (a decline of 66.8%).
- Business Quant data shows CMI's Interest Coverage Ratio at 12.49 (Q1 2026), 9.91 (Q4 2025) and 10.27 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 380.10 Bn | 351.79 Bn | 7.76 Bn | 8.64 |
| 2 | Amphenol | 208.03 Bn | 202.73 Bn | 3.55 Bn | 12.09 |
| 3 | Deere | 183.47 Bn | 192.23 Bn | 4.66 Bn | 2.81 |
| 4 | Eaton | 168.26 Bn | 165.49 Bn | 2.86 Bn | 6.93 |
| 5 | Parker-Hannifin | 122.34 Bn | 120.47 Bn | 2.25 Bn | 14.45 |
| 6 | Vertiv Holdings | 95.63 Bn | 86.25 Bn | 1.23 Bn | 36.66 |
| 7 | Emerson Electric | 87.72 Bn | 80.47 Bn | 2.66 Bn | - |
| 8 | 3M | 86.87 Bn | 68.33 Bn | 2.68 Bn | - |
| 9 | Illinois Tool Works | 76.08 Bn | 72.64 Bn | 1.90 Bn | 14.52 |
| 10 | Cummins | 71.78 Bn | 68.92 Bn | 2.47 Bn | 15.99 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.99 |
| Mar 31, 2026 | 12.49 |
| Dec 31, 2025 | 9.91 |
| Sep 30, 2025 | 10.27 |
| Jun 30, 2025 | 14.09 |
| Mar 31, 2025 | 14.73 |
| Dec 31, 2024 | 8.22 |
| Sep 30, 2024 | 12.65 |
| Jun 30, 2024 | 9.59 |
| Mar 31, 2024 | 10.37 |
| Dec 31, 2023 | -13.17 |
| Sep 30, 2023 | 9.79 |
| Jun 30, 2023 | 10.07 |
| Mar 31, 2023 | 11.79 |
| Dec 31, 2022 | 9.22 |
| Sep 30, 2022 | 10.26 |
| Jun 30, 2022 | 26.38 |
| Mar 31, 2022 | 35.53 |
| Dec 31, 2021 | 19.04 |
| Oct 3, 2021 | 23.79 |
API Access
Cummins Interest Coverage Ratio 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=interest-coverage-ratio&ticker=CMI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=CMI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();