Cummins (CMI) Tax Provisions (2009 - 2026)
Cummins' (CMI) quarterly Tax Provisions came in at $325.0 million in Q2 2026, up 9.43% on a YoY basis from $297.0 million in Q2 2025, and up 27.95% quarter-over-quarter from $254.0 million in Q1 2026.
Analysis
Cummins (CMI) Tax Provisions (2009 - 2026) Analysis & Trends
Cummins (CMI) has reported Tax Provisions for 18 consecutive years, with $325.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Provisions rose 9.43% year-over-year to $325.0 million; the trailing twelve-month figure through Jun 2026 stood at $1.0 billion (up 4.08% YoY), and the FY2025 full-year result was $1.0 billion, up 20.48% from the prior year.
- Tax Provisions climbed to $325.0 million in Q2 2026 per CMI's latest filing, from $254.0 million in the prior quarter.
- Across five years, Tax Provisions topped out at $325.0 million in Q2 2026 and bottomed at $134.0 million in Q4 2022.
- Historically, Tax Provisions has averaged $213.4 million across 5 years, with a median of $206.0 million in 2023.
- The sharpest annual moves came in 2022 and 2025: Tax Provisions jumped 48.51% in 2022, then slipped 21.2% in 2025.
- Over 5 years, Tax Provisions stood at $134.0 million in 2022, then increased by 21.64% to $163.0 million in 2023, then jumped by 33.13% to $217.0 million in 2024, then declined by 21.2% to $171.0 million in 2025, then soared by 90.06% to $325.0 million in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered $325.0 million, $254.0 million, and $171.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 374.13 Bn | 367.42 Bn | 7.76 Bn | 1.06 Bn |
| 2 | Cummins | 77.17 Bn | 73.56 Bn | 2.47 Bn | 325.00 Mn |
| 3 | Paccar | 65.64 Bn | 56.97 Bn | 1.56 Bn | 229.50 Mn |
| 4 | Borgwarner | 13.75 Bn | 11.48 Bn | 721.00 Mn | 81.00 Mn |
| 5 | Allison Transmission Holdings | 10.84 Bn | 10.44 Bn | 515.00 Mn | 47.00 Mn |
| 6 | Oshkosh | 9.71 Bn | 9.31 Bn | 480.30 Mn | 37.20 Mn |
| 7 | Federal Signal | 7.29 Bn | 7.22 Bn | 203.80 Mn | 25.30 Mn |
| 8 | Terex | 7.23 Bn | 6.82 Bn | 444.00 Mn | 29.00 Mn |
| 9 | Dana | 3.45 Bn | 3.18 Bn | 210.00 Mn | 54.00 Mn |
| 10 | Phinia | 2.53 Bn | 2.16 Bn | 216.00 Mn | 27.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 325.00 Mn |
| Mar 31, 2026 | 254.00 Mn |
| Dec 31, 2025 | 171.00 Mn |
| Sep 30, 2025 | 271.00 Mn |
| Jun 30, 2025 | 297.00 Mn |
| Mar 31, 2025 | 267.00 Mn |
| Dec 31, 2024 | 217.00 Mn |
| Sep 30, 2024 | 200.00 Mn |
| Jun 30, 2024 | 225.00 Mn |
| Mar 31, 2024 | 193.00 Mn |
| Dec 31, 2023 | 163.00 Mn |
| Sep 30, 2023 | 188.00 Mn |
| Jun 30, 2023 | 212.00 Mn |
| Mar 31, 2023 | 223.00 Mn |
| Dec 31, 2022 | 134.00 Mn |
| Sep 30, 2022 | 199.00 Mn |
| Jun 30, 2022 | 148.00 Mn |
| Mar 31, 2022 | 155.00 Mn |
| Dec 31, 2021 | 114.00 Mn |
| Oct 3, 2021 | 134.00 Mn |