Cummins (CMI) Payables (2009 - 2026)
Cummins (CMI) posted Payables of $5.11 billion for Q2 2026, up 13.5% from $4.5 billion a year earlier and up 4.7% from the prior quarter.
Analysis
Cummins (CMI) Payables (2009 - 2026) Analysis & Trends
At the end of FY2025, Cummins' Payables came in at $4.15 billion, down 20.9% from FY2024.
- Annual Payables has declined for three consecutive years, though with a five-year compound annual growth rate of 5.7% (FY2020 to FY2025).
- In prior years, Cummins' Payables was $5.25 billion in FY2024 (-8.8%), $5.76 billion in FY2023 (-15.6%), $6.83 billion in FY2022 (+104.7%) and $3.33 billion in FY2021 (+6.1%).
- The Q2 2026 figure stands as the highest quarterly Payables since Q1 2025.
- On a year-over-year basis, Payables increased in two of the last eight quarters, with an average decline of 9.0%.
- The strongest year-over-year quarter for Payables in the past five years was Q4 2022, with growth of 104.7%; the weakest was Q1 2024, with a decline of 29.2%.
- According to Business Quant data, Payables for the three prior quarters was $4.88 billion (Q1 2026), $4.15 billion (Q4 2025) and $4.17 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 380.10 Bn | 351.79 Bn | 7.76 Bn | 16.11 Bn |
| 2 | Amphenol | 208.03 Bn | 202.73 Bn | 3.55 Bn | 4.32 Bn |
| 3 | Deere | 183.47 Bn | 192.23 Bn | 4.66 Bn | 14.11 Bn |
| 4 | Eaton | 168.26 Bn | 165.49 Bn | 2.86 Bn | 7.51 Bn |
| 5 | Parker-Hannifin | 122.34 Bn | 120.47 Bn | 2.25 Bn | 2.44 Bn |
| 6 | Vertiv Holdings | 95.63 Bn | 86.25 Bn | 1.23 Bn | 2.47 Bn |
| 7 | Emerson Electric | 87.72 Bn | 80.47 Bn | 2.66 Bn | 1.61 Bn |
| 8 | 3M | 86.87 Bn | 68.33 Bn | 2.68 Bn | 3.11 Bn |
| 9 | Illinois Tool Works | 76.08 Bn | 72.64 Bn | 1.90 Bn | 1.09 Bn |
| 10 | Cummins | 71.78 Bn | 68.92 Bn | 2.47 Bn | 5.11 Bn |
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 |
API Access
Cummins Payables 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=payables&ticker=CMI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "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=payables&ticker=CMI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();