Cummins CMI
NYSE CMI
$548.27 -6.49 (-1.17%)
As of: Sep 10, 2026 · 10:46 AM EDT

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 371.51 Bn 364.80 Bn 7.76 Bn 16.11 Bn
2 Cummins 75.47 Bn 70.81 Bn 2.47 Bn 5.11 Bn
3 Paccar 64.70 Bn 56.03 Bn 1.56 Bn 922.10 Mn
4 Borgwarner 13.27 Bn 10.82 Bn 721.00 Mn 2.14 Bn
5 Allison Transmission Holdings 10.36 Bn 9.96 Bn 515.00 Mn 806.00 Mn
6 Oshkosh 9.28 Bn 8.88 Bn 480.30 Mn 1.01 Bn
7 Federal Signal 7.03 Bn 6.96 Bn 203.80 Mn 114.60 Mn
8 Terex 6.90 Bn 6.50 Bn 444.00 Mn 1.02 Bn
9 Dana 3.30 Bn 2.97 Bn 210.00 Mn 1.30 Bn
10 Phinia 2.45 Bn 2.08 Bn 216.00 Mn 580.00 Mn
Historic Data

Historic Data

Download Data
DateValue
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