Cummins (CMI) Inventory (2009 - 2026)
Cummins (CMI) reported Inventory of $6.4 billion for Q2 2026, up 1.7% from $6.29 billion a year earlier and up 4.4% from the prior quarter.
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Analysis
Cummins (CMI) Inventory (2009 - 2026) Analysis & Trends
At the end of FY2025, Cummins posted Inventory of $5.82 billion, up 1.4% from FY2024.
- Inventory has increased for five consecutive years, with a five-year compound annual growth rate of 11.2% (FY2020 to FY2025).
- By year, Inventory came in at $5.74 billion in FY2024 (+1.1%), $5.68 billion in FY2023 (+1.3%), $5.6 billion in FY2022 (+28.7%) and $4.36 billion in FY2021 (+27.2%).
- The Q2 2026 figure ranks as the highest quarterly Inventory in data going back to Q2 2009.
- Year over year, Inventory gained in seven of the last eight quarters, with growth averaging 3.0%.
- The high point for year-over-year Inventory in five years was Q4 2022 (growth of 28.7%); the low point was Q2 2024 (a decline of 2.8%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $6.13 billion (Q1 2026), $5.82 billion (Q4 2025) and $6.26 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 268.42 Bn | 239.73 Bn | 7.35 Bn | 22.21 Bn |
| 2 | Amphenol | 200.18 Bn | 194.88 Bn | 4.02 Bn | 5.26 Bn |
| 3 | Deere | 182.33 Bn | 150.42 Bn | 4.66 Bn | 7.81 Bn |
| 4 | Eaton | 139.45 Bn | 136.39 Bn | 3.11 Bn | 5.94 Bn |
| 5 | Parker-Hannifin | 120.96 Bn | 118.84 Bn | 2.26 Bn | 3.64 Bn |
| 6 | 3M | 97.01 Bn | 78.45 Bn | 2.78 Bn | 4.08 Bn |
| 7 | Emerson Electric | 93.92 Bn | 86.65 Bn | 2.66 Bn | 2.51 Bn |
| 8 | Illinois Tool Works | 80.83 Bn | 77.51 Bn | 1.91 Bn | 1.82 Bn |
| 9 | Vertiv Holdings | 75.75 Bn | 64.60 Bn | 1.64 Bn | 3.29 Bn |
| 10 | Cummins | 63.28 Bn | 59.09 Bn | 2.62 Bn | 6.81 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 6.81 Bn |
| Jun 30, 2026 | 6.40 Bn |
| Mar 31, 2026 | 6.13 Bn |
| Dec 31, 2025 | 5.82 Bn |
| Sep 30, 2025 | 6.26 Bn |
| Jun 30, 2025 | 6.29 Bn |
| Mar 31, 2025 | 6.12 Bn |
| Dec 31, 2024 | 5.74 Bn |
| Sep 30, 2024 | 6.13 Bn |
| Jun 30, 2024 | 5.86 Bn |
| Mar 31, 2024 | 5.76 Bn |
| Dec 31, 2023 | 5.68 Bn |
| Sep 30, 2023 | 5.91 Bn |
| Jun 30, 2023 | 6.03 Bn |
| Mar 31, 2023 | 5.88 Bn |
| Dec 31, 2022 | 5.60 Bn |
| Sep 30, 2022 | 5.54 Bn |
| Jun 30, 2022 | 4.77 Bn |
| Mar 31, 2022 | 4.59 Bn |
| Dec 31, 2021 | 4.36 Bn |
API Access
Cummins Inventory 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=inventory&ticker=CMI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "inventory", "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=inventory&ticker=CMI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();