Cummins (CMI) Interest Expenses (2009 - 2026)
Cummins' Interest Expenses came in at $80 million for Q2 2026, down 8.0% from $87 million a year earlier but up 5.3% from the prior quarter.
Cummins (CMI) Interest Expenses (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Cummins reported Interest Expenses of $321 million, down 4.5% year-over-year; for FY2025, it was $329 million, down 11.1% from FY2024.
- Interest Expenses carries a five-year compound annual growth rate of 26.9% (FY2020 to FY2025).
- Going back by year, Interest Expenses was $370 million in FY2024 (-1.3%), $375 million in FY2023 (+88.4%), $199 million in FY2022 (+79.3%) and $111 million in FY2021 (+11.0%).
- The five-year range for quarterly Interest Expenses is $17 million (Q1 2022) to $109 million (Q2 2024).
- Year-over-year, Interest Expenses has declined for three consecutive quarters, with an average decline of 8.6% over the last eight quarters.
- The fastest year-over-year change in Interest Expenses over five years came in Q1 2023 (growth of 411.8%), and the weakest in Q1 2022 (a decline of 39.3%).
- Business Quant data shows CMI's Interest Expenses at $76 million (Q1 2026), $82 million (Q4 2025) and $83 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 282.34 Bn | 282.34 Bn | - | - |
| 2 | Amphenol | 196.37 Bn | 189.89 Bn | 4.02 Bn | - |
| 3 | Deere | 180.40 Bn | 148.49 Bn | 4.66 Bn | 661.00 Mn |
| 4 | Eaton | 142.03 Bn | 139.22 Bn | 2.86 Bn | 201.00 Mn |
| 5 | Parker-Hannifin | 117.42 Bn | 115.55 Bn | 2.25 Bn | 95.00 Mn |
| 6 | Emerson Electric | 93.00 Bn | 85.73 Bn | 2.66 Bn | - |
| 7 | 3M | 92.98 Bn | 74.42 Bn | 2.78 Bn | - |
| 8 | Vertiv Holdings | 86.47 Bn | 75.32 Bn | 1.64 Bn | 6.40 Mn |
| 9 | Illinois Tool Works | 82.63 Bn | 79.31 Bn | 1.91 Bn | 83.00 Mn |
| 10 | Cummins | 69.15 Bn | 65.22 Bn | 2.47 Bn | 80.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 80.00 Mn |
| Mar 31, 2026 | 76.00 Mn |
| Dec 31, 2025 | 82.00 Mn |
| Sep 30, 2025 | 83.00 Mn |
| Jun 30, 2025 | 87.00 Mn |
| Mar 31, 2025 | 77.00 Mn |
| Dec 31, 2024 | 89.00 Mn |
| Sep 30, 2024 | 83.00 Mn |
| Jun 30, 2024 | 109.00 Mn |
| Mar 31, 2024 | 89.00 Mn |
| Dec 31, 2023 | 92.00 Mn |
| Sep 30, 2023 | 97.00 Mn |
| Jun 30, 2023 | 99.00 Mn |
| Mar 31, 2023 | 87.00 Mn |
| Dec 31, 2022 | 87.00 Mn |
| Sep 30, 2022 | 61.00 Mn |
| Jun 30, 2022 | 34.00 Mn |
| Mar 31, 2022 | 17.00 Mn |
| Dec 31, 2021 | 26.00 Mn |
| Oct 3, 2021 | 28.00 Mn |
Cummins Interest Expenses 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-expenses&ticker=CMI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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-expenses&ticker=CMI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();