Cummins (CMI) Retained Earnings (2009 - 2026)
Cummins (CMI) reported Retained Earnings of $23.65 billion for Q2 2026, up 7.3% from $22.04 billion a year earlier and up 2.9% from the prior quarter.
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Analysis
Cummins (CMI) Retained Earnings (2009 - 2026) Analysis & Trends
At the end of FY2025, Cummins posted Retained Earnings of $22.62 billion, up 8.6% from FY2024.
- Retained Earnings has a five-year compound annual growth rate of 8.0% (FY2020 to FY2025).
- By year, Retained Earnings came in at $20.83 billion in FY2024 (+16.7%), $17.85 billion in FY2023 (-1.0%), $18.04 billion in FY2022 (+7.7%) and $16.74 billion in FY2021 (+8.6%).
- The Q2 2026 figure ranks as the highest quarterly Retained Earnings in data going back to Q2 2009.
- Year over year, Retained Earnings has now increased in each of the last ten quarters, with growth averaging 9.1% over the last eight quarters.
- The high point for year-over-year Retained Earnings in five years was Q4 2024 (growth of 16.7%); the low point was Q4 2023 (a decline of 1.0%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $22.99 billion (Q1 2026), $22.62 billion (Q4 2025) and $22.3 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 70.14 Bn |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 11.64 Bn |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 62.17 Bn |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 11.53 Bn |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 24.49 Bn |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 1.87 Bn |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 41.58 Bn |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 38.63 Bn |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 30.81 Bn |
| 10 | Cummins | 71.14 Bn | 68.27 Bn | 2.47 Bn | 23.65 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.65 Bn |
| Mar 31, 2026 | 22.99 Bn |
| Dec 31, 2025 | 22.62 Bn |
| Sep 30, 2025 | 22.30 Bn |
| Jun 30, 2025 | 22.04 Bn |
| Mar 31, 2025 | 21.40 Bn |
| Dec 31, 2024 | 20.83 Bn |
| Sep 30, 2024 | 20.66 Bn |
| Jun 30, 2024 | 20.10 Bn |
| Mar 31, 2024 | 19.61 Bn |
| Dec 31, 2023 | 17.85 Bn |
| Sep 30, 2023 | 19.52 Bn |
| Jun 30, 2023 | 19.10 Bn |
| Mar 31, 2023 | 18.61 Bn |
| Dec 31, 2022 | 18.04 Bn |
| Sep 30, 2022 | 17.63 Bn |
| Jun 30, 2022 | 17.45 Bn |
| Mar 31, 2022 | 16.95 Bn |
| Dec 31, 2021 | 16.74 Bn |
| Oct 3, 2021 | 16.56 Bn |
API Access
Cummins Retained Earnings 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=retained-earnings&ticker=CMI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "retained-earnings", "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=retained-earnings&ticker=CMI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();