Cummins (CMI) Interest Coverage Ratio (2009 - 2026)
Cummins (CMI) reported Interest Coverage Ratio of 12.49 for Q1 2026, down 15.21% on a YoY basis from 14.73 in Q1 2025, and up 25.94% quarter-over-quarter from 9.91 in Q4 2025.
Cummins (CMI) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Cummins has reported Interest Coverage Ratio for 18 years, with the latest figure at 12.49 in Q1 2026.
- For the quarter ending Q1 2026, Interest Coverage Ratio fell 15.21% year-over-year to 12.49; the trailing twelve-month figure through Mar 2026 stood at 11.71 (up 5.81% YoY), and the FY2025 full-year result was 12.23, up 20.71% from the prior year.
- Interest Coverage Ratio for Q1 2026 stood at 12.49, up from 9.91 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 35.53 in Q1 2022, with the low at 13.17 in Q4 2023.
- Historically, Interest Coverage Ratio has averaged 11.89 across 5 years, with a median of 10.27 in 2025.
- Annual changes were most pronounced in 2023 — Interest Coverage Ratio tumbled 242.91% — and 2024, when it jumped 162.43%.
- Cummins' Interest Coverage Ratio stood at 9.22 in 2022, then plunged by 242.91% to 13.17 in 2023, then surged by 162.43% to 8.22 in 2024, then rose by 20.55% to 9.91 in 2025, then grew by 25.94% to 12.49 in 2026.
- The last three Interest Coverage Ratio figures came in at 12.49 (Q1 2026), 9.91 (Q4 2025), and 10.27 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 251.14 Bn | 242.11 Bn | 1.78 Bn | -6.39 |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn | 11.06 |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn | 11.44 |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn | 12.49 |
| 5 | Emerson Electric | 77.51 Bn | 75.74 Bn | 2.42 Bn | - |
| 6 | Illinois Tool Works | 72.86 Bn | 72.03 Bn | 1.76 Bn | 13.97 |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn | 24.63 |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn | 12.97 |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn | 10.36 |
| 10 | Ingersoll Rand | 28.28 Bn | 27.07 Bn | 792.40 Mn | 4.54 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jul 4, 2021 | 25.34 |