Cummins (CMI) Notes Payables (2009 - 2026)
Cummins (CMI) posted Notes Payables of $349.0 million for Q1 2026, down 1.13% on a QoQ basis from $353.0 million in Q4 2025, and up 19.93% year-over-year from $291.0 million in Q1 2025.
Cummins (CMI) Notes Payables (2009 - 2026) Analysis & Trends
Cummins' Notes Payables history runs 18 years deep, the most recent figure standing at $349.0 million for Q1 2026.
- Quarterly Notes Payables rose 19.93% year-over-year to $349.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $349.0 million (up 19.93% YoY) and the FY2025 annual result came in at $353.0 million, down 0.84% from the prior year.
- Notes Payables was $349.0 million for Q1 2026 at Cummins, down from $353.0 million in the prior quarter.
- Across five years, Notes Payables topped out at $2.6 billion in Q4 2022 and bottomed at $217.0 million in Q3 2022.
- A 5-year average of $848.9 million and a median of $353.0 million in 2025 frame the typical range for Notes Payables.
- Annual changes were most pronounced in 2022 — Notes Payables surged 1137.5% — and 2025, when it sank 80.75%.
- Cummins' Notes Payables stood at $2.6 billion in 2022, then tumbled by 41.72% to $1.5 billion in 2023, then plunged by 76.27% to $356.0 million in 2024, then retreated by 0.84% to $353.0 million in 2025, then declined by 1.13% to $349.0 million in 2026.
- Business Quant data shows CMI's Notes Payables at $349.0 million in Q1 2026, $353.0 million in Q4 2025, and $315.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 270.93 Bn | 257.81 Bn | 2.36 Bn |
| 2 | Eaton | 156.55 Bn | 155.79 Bn | 2.65 Bn |
| 3 | Parker-Hannifin | 124.04 Bn | 123.57 Bn | 2.02 Bn |
| 4 | Cummins | 91.66 Bn | 88.48 Bn | 2.24 Bn |
| 5 | Emerson Electric | 82.90 Bn | 81.11 Bn | 2.42 Bn |
| 6 | Illinois Tool Works | 81.54 Bn | 80.71 Bn | 1.76 Bn |
| 7 | Ametek | 55.40 Bn | 54.92 Bn | 717.56 Mn |
| 8 | Rockwell Automation | 51.78 Bn | 51.35 Bn | 1.13 Bn |
| 9 | Ingersoll Rand | 32.99 Bn | 31.71 Bn | 792.40 Mn |
| 10 | Xylem | 29.09 Bn | 28.28 Bn | 803.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 349.00 Mn |
| Dec 31, 2025 | 353.00 Mn |
| Sep 30, 2025 | 315.00 Mn |
| Jun 30, 2025 | 336.00 Mn |
| Mar 31, 2025 | 291.00 Mn |
| Dec 31, 2024 | 356.00 Mn |
| Sep 30, 2024 | 1.64 Bn |
| Jun 30, 2024 | 1.60 Bn |
| Mar 31, 2024 | 342.00 Mn |
| Dec 31, 2023 | 1.50 Bn |
| Sep 30, 2023 | 1.70 Bn |
| Jun 30, 2023 | 1.62 Bn |
| Mar 31, 2023 | 229.00 Mn |
| Dec 31, 2022 | 2.57 Bn |
| Sep 30, 2022 | 217.00 Mn |
| Jun 30, 2022 | 705.00 Mn |
| Mar 31, 2022 | 311.00 Mn |
| Dec 31, 2021 | 208.00 Mn |
| Oct 3, 2021 | 85.00 Mn |
| Jul 4, 2021 | 200.00 Mn |