Cummins CMI
NYSE CMI
$554.66 -6.89 (-1.23%)
As of: Sep 9, 2026 · 3:59 PM EDT

Cummins (CMI) Payout Ratio (2009 - 2026)

Cummins' (CMI) quarterly Payout Ratio came in at 0.3 in Q2 2026, up 5.0% on a YoY basis from 0.28 in Q2 2025, and down 29.83% quarter-over-quarter from 0.42 in Q1 2026.

Analysis

Cummins (CMI) Payout Ratio (2009 - 2026) Analysis & Trends

Cummins (CMI) has reported Payout Ratio for 18 consecutive years, with 0.3 the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Payout Ratio rose 5.0% year-over-year to 0.3; the trailing twelve-month figure through Jun 2026 stood at 0.41 (up 19.46% YoY), and the FY2025 full-year result was 0.37, up 51.12% from the prior year.
  • Payout Ratio eased to 0.3 in Q2 2026 per CMI's latest filing, from 0.42 in the prior quarter.
  • Across five years, Payout Ratio topped out at 0.6 in Q4 2024 and bottomed at 0.17 in Q4 2023.
  • Historically, Payout Ratio has averaged 0.34 across 5 years, with a median of 0.31 in 2023.
  • The sharpest annual moves came in 2023 and 2024: Payout Ratio plunged 147.27% in 2023, then jumped 459.61% in 2024.
  • Over 5 years, Payout Ratio stood at 0.35 in 2022, then slumped by 147.27% to 0.17 in 2023, then surged by 459.61% to 0.6 in 2024, then declined by 21.9% to 0.47 in 2025, then tumbled by 36.6% to 0.3 in 2026.
  • According to Business Quant data, Payout Ratio over the past three periods registered 0.3, 0.42, and 0.47 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Caterpillar 374.13 Bn 367.42 Bn 7.76 Bn
2 Cummins 77.17 Bn 73.56 Bn 2.47 Bn
3 Paccar 65.64 Bn 56.97 Bn 1.56 Bn
4 Borgwarner 13.75 Bn 11.48 Bn 721.00 Mn
5 Allison Transmission Holdings 10.84 Bn 10.44 Bn 515.00 Mn
6 Oshkosh 9.71 Bn 9.31 Bn 480.30 Mn
7 Federal Signal 7.29 Bn 7.22 Bn 203.80 Mn
8 Terex 7.23 Bn 6.82 Bn 444.00 Mn
9 Dana 3.45 Bn 3.18 Bn 210.00 Mn
10 Phinia 2.53 Bn 2.16 Bn 216.00 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.30
Mar 31, 2026 0.42
Dec 31, 2025 0.47
Sep 30, 2025 0.51
Jun 30, 2025 0.28
Mar 31, 2025 0.30
Dec 31, 2024 0.60
Sep 30, 2024 0.31
Jun 30, 2024 0.32
Mar 31, 2024 0.12
Dec 31, 2023 -0.17
Sep 30, 2023 0.36
Jun 30, 2023 0.31
Mar 31, 2023 0.28
Dec 31, 2022 0.35
Sep 30, 2022 0.56
Jun 30, 2022 0.29
Mar 31, 2022 0.50
Dec 31, 2021 0.53
Oct 3, 2021 0.39