Cummins (CMI) Interest Coverage Ratio (2009 - 2026)
Cummins' (CMI) quarterly Interest Coverage Ratio came in at 15.99 in Q2 2026, up 13.45% on a YoY basis from 14.09 in Q2 2025, and up 28.03% quarter-over-quarter from 12.49 in Q1 2026.
Powered by 
Analysis
Cummins (CMI) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Cummins (CMI) has reported Interest Coverage Ratio for 18 consecutive years, with 15.99 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Interest Coverage Ratio rose 13.45% year-over-year to 15.99; the trailing twelve-month figure through Jun 2026 stood at 12.13 (down 1.62% YoY), and the FY2025 full-year result was 12.23, up 20.71% from the prior year.
- Interest Coverage Ratio improved to 15.99 in Q2 2026 per CMI's latest filing, from 12.49 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 35.53 in Q1 2022 and bottomed at 13.17 in Q4 2023.
- Historically, Interest Coverage Ratio has averaged 12.12 across 5 years, with a median of 10.32 in 2024.
- The sharpest annual moves came in 2023 and 2024: Interest Coverage Ratio plunged 242.91% in 2023, then surged 162.43% in 2024.
- Over 5 years, Interest Coverage Ratio stood at 9.22 in 2022, then slumped by 242.91% to 13.17 in 2023, then jumped by 162.43% to 8.22 in 2024, then advanced by 20.55% to 9.91 in 2025, then jumped by 61.25% to 15.99 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 15.99, 12.49, and 9.91 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 369.04 Bn | 362.33 Bn | 7.76 Bn | 11.86 |
| 2 | Cummins | 75.28 Bn | 70.61 Bn | 2.47 Bn | 15.99 |
| 3 | Paccar | 64.62 Bn | 55.95 Bn | 1.56 Bn | - |
| 4 | Borgwarner | 13.30 Bn | 10.85 Bn | 721.00 Mn | - |
| 5 | Allison Transmission Holdings | 10.42 Bn | 10.02 Bn | 515.00 Mn | - |
| 6 | Oshkosh | 9.19 Bn | 8.78 Bn | 480.30 Mn | 7.92 |
| 7 | Federal Signal | 6.92 Bn | 6.86 Bn | 203.80 Mn | 19.70 |
| 8 | Terex | 6.81 Bn | 6.40 Bn | 444.00 Mn | 3.74 |
| 9 | Dana | 3.27 Bn | 2.94 Bn | 210.00 Mn | 3.62 |
| 10 | Phinia | 2.46 Bn | 2.09 Bn | 216.00 Mn | 3.81 |
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 |