Cummins CMI
NYSE CMI
$532.05 +8.27 (+1.58%)
At close: Sep 18, 2026 · 4:00 PM EDT

Cummins (CMI) Invested Capital (2009 - 2026)

Cummins' (CMI) quarterly Invested Capital came in at $21.3 billion in Q2 2026, up 2.93% on a YoY basis from $20.6 billion in Q2 2025, and up 2.63% quarter-over-quarter from $20.7 billion in Q1 2026.

Analysis

Cummins (CMI) Invested Capital (2009 - 2026) Analysis & Trends

Cummins (CMI) has reported Invested Capital for 18 consecutive years, with $21.3 billion the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Invested Capital rose 2.93% year-over-year to $21.3 billion; the trailing twelve-month figure through Jun 2026 stood at $21.3 billion (up 2.93% YoY), and the FY2025 full-year result was $20.6 billion, up 14.38% from the prior year.
  • Invested Capital rose to $21.3 billion in Q2 2026 per CMI's latest filing, from $20.7 billion in the prior quarter.
  • Across five years, Invested Capital topped out at $21.3 billion in Q2 2026 and bottomed at $12.9 billion in Q1 2022.
  • Historically, Invested Capital has averaged $18.2 billion across 5 years, with a median of $18.3 billion in 2023.
  • The sharpest annual moves came in 2023 and 2024: Invested Capital jumped 41.16% in 2023, then declined 8.54% in 2024.
  • Over 5 years, Invested Capital stood at $17.6 billion in 2022, then decreased by 7.31% to $16.3 billion in 2023, then advanced by 10.59% to $18.1 billion in 2024, then grew by 14.38% to $20.6 billion in 2025, then grew by 2.94% to $21.3 billion in 2026.
  • According to Business Quant data, Invested Capital over the past three periods registered $21.3 billion, $20.7 billion, and $20.6 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Caterpillar 371.83 Bn 365.11 Bn 7.76 Bn 53.85 Bn
2 Cummins 73.24 Bn 69.63 Bn 2.47 Bn 21.25 Bn
3 Paccar 61.09 Bn 52.42 Bn 1.56 Bn 30.23 Bn
4 Borgwarner 12.90 Bn 10.63 Bn 721.00 Mn 9.67 Bn
5 Allison Transmission Holdings 9.67 Bn 9.27 Bn 515.00 Mn 6.09 Bn
6 Oshkosh 9.07 Bn 8.66 Bn 480.30 Mn 5.63 Bn
7 Federal Signal 6.95 Bn 6.88 Bn 203.80 Mn 1.96 Bn
8 Terex 6.75 Bn 6.34 Bn 444.00 Mn 7.61 Bn
9 Dana 3.21 Bn 2.94 Bn 210.00 Mn 3.33 Bn
10 Phinia 2.25 Bn 1.88 Bn 216.00 Mn 2.61 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 21.25 Bn
Mar 31, 2026 20.71 Bn
Dec 31, 2025 20.65 Bn
Sep 30, 2025 20.40 Bn
Jun 30, 2025 20.65 Bn
Mar 31, 2025 19.17 Bn
Dec 31, 2024 18.05 Bn
Sep 30, 2024 18.49 Bn
Jun 30, 2024 17.77 Bn
Mar 31, 2024 16.59 Bn
Dec 31, 2023 16.32 Bn
Sep 30, 2023 18.91 Bn
Jun 30, 2023 18.64 Bn
Mar 31, 2023 18.14 Bn
Dec 31, 2022 17.61 Bn
Sep 30, 2022 17.26 Bn
Jun 30, 2022 13.69 Bn
Mar 31, 2022 12.85 Bn
Dec 31, 2021 12.99 Bn
Oct 3, 2021 12.56 Bn