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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |