Cummins (CMI) Net Long-Term Debt Issued (Repaid) (2009 - 2026)
Cummins (CMI) reported Non-Current Debt of $6.74 billion for Q2 2026, down 1.0% from $6.81 billion a year earlier but up 0.1% from the prior quarter.
Powered by 
Analysis
Cummins (CMI) Net Long-Term Debt Issued (Repaid) (2009 - 2026) Analysis & Trends
At the end of FY2025, Cummins posted Non-Current Debt of $6.79 billion, up 42.0% from FY2024.
- Non-Current Debt has a five-year compound annual growth rate of 13.5% (FY2020 to FY2025).
- By year, Non-Current Debt came in at $4.78 billion in FY2024 (-0.4%), $4.8 billion in FY2023 (+6.8%), $4.5 billion in FY2022 (+25.7%) and $3.58 billion in FY2021 (-0.9%).
- Five-year quarterly Non-Current Debt spans a low of $3.49 billion in Q2 2022 and a high of $6.82 billion in Q3 2025.
- Year over year, Non-Current Debt gained in four of the last eight quarters, with growth averaging 16.0%.
- The high point for year-over-year Non-Current Debt in five years was Q3 2022 (growth of 51.3%); the low point was Q1 2025 (a decline of 16.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $6.73 billion (Q1 2026), $6.79 billion (Q4 2025) and $6.82 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net LT Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 268.42 Bn | 239.73 Bn | 7.35 Bn | 395.00 Mn |
| 2 | Amphenol | 200.18 Bn | 194.88 Bn | 4.02 Bn | -937.90 Mn |
| 3 | Deere | 182.33 Bn | 150.42 Bn | 4.66 Bn | -481.00 Mn |
| 4 | Eaton | 139.45 Bn | 136.39 Bn | 3.11 Bn | -2.00 Mn |
| 5 | Parker-Hannifin | 120.96 Bn | 118.84 Bn | 2.26 Bn | 7.22 Bn |
| 6 | 3M | 97.01 Bn | 78.45 Bn | 2.78 Bn | 2.53 Bn |
| 7 | Emerson Electric | 93.92 Bn | 86.65 Bn | 2.66 Bn | -1.42 Bn |
| 8 | Illinois Tool Works | 80.83 Bn | 77.51 Bn | 1.91 Bn | - |
| 9 | Vertiv Holdings | 75.75 Bn | 64.60 Bn | 1.64 Bn | -15.30 Mn |
| 10 | Cummins | 63.28 Bn | 59.09 Bn | 2.62 Bn | -62.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -62.00 Mn |
| Jun 30, 2026 | -33.00 Mn |
| Mar 31, 2026 | 105.00 Mn |
| Dec 31, 2025 | -45.00 Mn |
| Sep 30, 2025 | -531.00 Mn |
| Jun 30, 2025 | 2.03 Bn |
| Mar 31, 2025 | -92.00 Mn |
| Dec 31, 2024 | -85.00 Mn |
| Sep 30, 2024 | -22.00 Mn |
| Jun 30, 2024 | -391.00 Mn |
| Mar 31, 2024 | 1.65 Bn |
| Dec 31, 2023 | -663.00 Mn |
| Sep 30, 2023 | -121.00 Mn |
| Jun 30, 2023 | 608.00 Mn |
| Mar 31, 2023 | -99.00 Mn |
| Dec 31, 2022 | -453.00 Mn |
| Sep 30, 2022 | 1.02 Bn |
| Jun 30, 2022 | -5.00 Mn |
| Mar 31, 2022 | -10.00 Mn |
| Dec 31, 2021 | 28.00 Mn |
API Access
Cummins Net Long-Term Debt Issued (Repaid) 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=non-current-debt&ticker=CMI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "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=non-current-debt&ticker=CMI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();