Cummins (CMI) Interest Coverage Ratio (2009 - 2026)
Cummins (CMI) posted Interest Coverage Ratio of 1.49 for Q1 2026, down 88.84% on a QoQ basis from 13.33 in Q4 2025, and down 10.15% year-over-year from 1.66 in Q1 2025.
Cummins (CMI) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Cummins' Interest Coverage Ratio history runs 18 years deep, the most recent figure standing at 1.49 for 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 was 1.49 for Q1 2026 at Cummins, down from 13.33 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 14.43 in Q4 2023 and bottomed at 0.76 in Q1 2022.
- A 5-year average of 3.34 and a median of 1.49 in 2026 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio soared 464.37% — and 2024, when it tumbled 66.4%.
- Cummins' Interest Coverage Ratio stood at 6.68 in 2022, then soared by 115.89% to 14.43 in 2023, then tumbled by 66.4% to 4.85 in 2024, then surged by 174.93% to 13.33 in 2025, then plunged by 88.84% to 1.49 in 2026.
- Business Quant data shows CMI's Interest Coverage Ratio at 1.49 in Q1 2026, 13.33 in Q4 2025, and 1.29 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 270.93 Bn | 257.81 Bn | 2.36 Bn | -8.95 |
| 2 | Eaton | 156.55 Bn | 155.79 Bn | 2.65 Bn | 11.06 |
| 3 | Parker-Hannifin | 124.04 Bn | 123.57 Bn | 2.02 Bn | 2.14 |
| 4 | Cummins | 91.66 Bn | 88.48 Bn | 2.24 Bn | 1.49 |
| 5 | Emerson Electric | 82.90 Bn | 81.11 Bn | 2.42 Bn | - |
| 6 | Illinois Tool Works | 81.54 Bn | 80.71 Bn | 1.76 Bn | 13.97 |
| 7 | Ametek | 55.40 Bn | 54.92 Bn | 717.56 Mn | 24.63 |
| 8 | Rockwell Automation | 51.78 Bn | 51.35 Bn | 1.13 Bn | 6.58 |
| 9 | Ingersoll Rand | 32.99 Bn | 31.71 Bn | 792.40 Mn | 4.54 |
| 10 | Xylem | 29.09 Bn | 28.28 Bn | 803.00 Mn | 22.18 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.49 |
| Dec 31, 2025 | 13.33 |
| Sep 30, 2025 | 1.29 |
| Jun 30, 2025 | 1.87 |
| Mar 31, 2025 | 1.66 |
| Dec 31, 2024 | 4.85 |
| 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 | 6.68 |
| Sep 30, 2022 | 0.78 |
| Jun 30, 2022 | 1.13 |
| Mar 31, 2022 | 0.76 |
| Dec 31, 2021 | 1.18 |
| Oct 3, 2021 | 0.96 |
| Jul 4, 2021 | 1.11 |