Cummins (CMI) Payables (2009 - 2026)
Cummins' (CMI) quarterly Payables came in at $5.1 billion in Q2 2026, up 13.52% on a YoY basis from $4.5 billion in Q2 2025, and up 4.69% quarter-over-quarter from $4.9 billion in Q1 2026.
Analysis
Cummins (CMI) Payables (2009 - 2026) Analysis & Trends
Cummins (CMI) has reported Payables for 18 consecutive years, with $5.1 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Payables rose 13.52% year-over-year to $5.1 billion; the trailing twelve-month figure through Jun 2026 stood at $5.1 billion (up 13.52% YoY), and the FY2025 full-year result was $4.2 billion, down 20.91% from the prior year.
- Payables grew to $5.1 billion in Q2 2026 per CMI's latest filing, from $4.9 billion in the prior quarter.
- Across five years, Payables topped out at $7.2 billion in Q1 2023 and bottomed at $3.8 billion in Q1 2022.
- Historically, Payables has averaged $5.4 billion across 5 years, with a median of $5.5 billion in 2023.
- The sharpest annual moves came in 2022 and 2024: Payables surged 104.74% in 2022, then decreased 29.19% in 2024.
- Over 5 years, Payables stood at $6.8 billion in 2022, then retreated by 15.62% to $5.8 billion in 2023, then fell by 8.84% to $5.3 billion in 2024, then dropped by 20.91% to $4.2 billion in 2025, then increased by 23.12% to $5.1 billion in 2026.
- According to Business Quant data, Payables over the past three periods registered $5.1 billion, $4.9 billion, and $4.2 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 374.13 Bn | 367.42 Bn | 7.76 Bn | 16.11 Bn |
| 2 | Cummins | 77.17 Bn | 73.56 Bn | 2.47 Bn | 5.11 Bn |
| 3 | Paccar | 65.64 Bn | 56.97 Bn | 1.56 Bn | 922.10 Mn |
| 4 | Borgwarner | 13.75 Bn | 11.48 Bn | 721.00 Mn | 2.14 Bn |
| 5 | Allison Transmission Holdings | 10.84 Bn | 10.44 Bn | 515.00 Mn | 806.00 Mn |
| 6 | Oshkosh | 9.71 Bn | 9.31 Bn | 480.30 Mn | 1.01 Bn |
| 7 | Federal Signal | 7.29 Bn | 7.22 Bn | 203.80 Mn | 114.60 Mn |
| 8 | Terex | 7.23 Bn | 6.82 Bn | 444.00 Mn | 1.02 Bn |
| 9 | Dana | 3.45 Bn | 3.18 Bn | 210.00 Mn | 1.30 Bn |
| 10 | Phinia | 2.53 Bn | 2.16 Bn | 216.00 Mn | 580.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.11 Bn |
| Mar 31, 2026 | 4.88 Bn |
| Dec 31, 2025 | 4.15 Bn |
| Sep 30, 2025 | 4.17 Bn |
| Jun 30, 2025 | 4.50 Bn |
| Mar 31, 2025 | 6.05 Bn |
| Dec 31, 2024 | 5.25 Bn |
| Sep 30, 2024 | 5.84 Bn |
| Jun 30, 2024 | 6.01 Bn |
| Mar 31, 2024 | 5.09 Bn |
| Dec 31, 2023 | 5.76 Bn |
| Sep 30, 2023 | 5.97 Bn |
| Jun 30, 2023 | 5.93 Bn |
| Mar 31, 2023 | 7.18 Bn |
| Dec 31, 2022 | 6.83 Bn |
| Sep 30, 2022 | 6.39 Bn |
| Jun 30, 2022 | 4.11 Bn |
| Mar 31, 2022 | 3.81 Bn |
| Dec 31, 2021 | 3.33 Bn |
| Oct 3, 2021 | 3.41 Bn |