Cummins (CMI) Payables (2009 - 2026)
Cummins (CMI) reported Payables of $4.8 billion for Q1 2026, up 3.91% on a YoY basis from $4.6 billion in Q1 2025, and up 16.27% quarter-over-quarter from $4.1 billion in Q4 2025.
Cummins (CMI) Payables (2009 - 2026) Analysis & Trends
Cummins has reported Payables for 18 years, with the latest figure at $4.8 billion in Q1 2026.
- For the quarter ending Q1 2026, Payables rose 3.91% year-over-year to $4.8 billion; the trailing twelve-month figure through Mar 2026 stood at $4.8 billion (up 3.91% YoY), and the FY2025 full-year result was $4.1 billion, down 4.5% from the prior year.
- Payables for Q1 2026 stood at $4.8 billion, up from $4.1 billion in the prior quarter.
- The five-year high for Payables was $7.1 billion in Q1 2023, with the low at $3.6 billion in Q2 2022.
- Historically, Payables has averaged $4.9 billion across 5 years, with a median of $4.5 billion in 2023.
- Annual changes were most pronounced in 2022 — Payables jumped 104.74% — and 2023, when it plunged 33.49%.
- Cummins' Payables stood at $6.8 billion in 2022, then sank by 33.49% to $4.5 billion in 2023, then dropped by 5.13% to $4.3 billion in 2024, then decreased by 4.5% to $4.1 billion in 2025, then advanced by 16.27% to $4.8 billion in 2026.
- The last three Payables figures came in at $4.8 billion (Q1 2026), $4.1 billion (Q4 2025), and $4.2 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 251.14 Bn | 242.11 Bn | 1.78 Bn | 9.57 Bn |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn | 7.42 Bn |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn | 2.30 Bn |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn | 4.78 Bn |
| 5 | Emerson Electric | 77.51 Bn | 75.74 Bn | 2.42 Bn | 1.47 Bn |
| 6 | Illinois Tool Works | 72.86 Bn | 72.03 Bn | 1.76 Bn | 1.07 Bn |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn | 619.26 Mn |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn | 1.95 Bn |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn | 1.67 Bn |
| 10 | Ingersoll Rand | 28.28 Bn | 27.07 Bn | 792.40 Mn | 847.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.78 Bn |
| Dec 31, 2025 | 4.11 Bn |
| Sep 30, 2025 | 4.17 Bn |
| Jun 30, 2025 | 4.49 Bn |
| Mar 31, 2025 | 4.60 Bn |
| Dec 31, 2024 | 4.31 Bn |
| Sep 30, 2024 | 5.81 Bn |
| Jun 30, 2024 | 4.73 Bn |
| Mar 31, 2024 | 5.09 Bn |
| Dec 31, 2023 | 4.54 Bn |
| Sep 30, 2023 | 4.49 Bn |
| Jun 30, 2023 | 5.93 Bn |
| Mar 31, 2023 | 7.14 Bn |
| Dec 31, 2022 | 6.83 Bn |
| Sep 30, 2022 | 4.22 Bn |
| Jun 30, 2022 | 3.57 Bn |
| Mar 31, 2022 | 3.81 Bn |
| Dec 31, 2021 | 3.33 Bn |
| Oct 3, 2021 | 3.41 Bn |
| Jul 4, 2021 | 3.37 Bn |