Cummins (CMI) Tax Provisions (2009 - 2026)
Cummins (CMI) posted Tax Provisions of $254.0 million for Q1 2026, up 48.54% on a QoQ basis from $171.0 million in Q4 2025, and down 4.87% year-over-year from $267.0 million in Q1 2025.
Cummins (CMI) Tax Provisions (2009 - 2026) Analysis & Trends
Cummins' Tax Provisions history runs 18 years deep, the most recent figure standing at $254.0 million for Q1 2026.
- Quarterly Tax Provisions fell 4.87% year-over-year to $254.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $993.0 million (up 9.24% YoY) and the FY2025 annual result came in at $1.0 billion, up 20.48% from the prior year.
- Tax Provisions was $254.0 million for Q1 2026 at Cummins, up from $171.0 million in the prior quarter.
- Across five years, Tax Provisions topped out at $297.0 million in Q2 2025 and bottomed at $134.0 million in Q4 2022.
- A 5-year average of $206.9 million and a median of $200.0 million in 2024 frame the typical range for Tax Provisions.
- Annual changes were most pronounced in 2022 — Tax Provisions soared 48.51% — and 2025, when it declined 21.2%.
- Cummins' 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 jumped by 48.54% to $254.0 million in 2026.
- Business Quant data shows CMI's Tax Provisions at $254.0 million in Q1 2026, $171.0 million in Q4 2025, and $271.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 270.93 Bn | 257.81 Bn | 2.36 Bn | 276.00 Mn |
| 2 | Eaton | 156.55 Bn | 155.79 Bn | 2.65 Bn | 240.00 Mn |
| 3 | Parker-Hannifin | 124.04 Bn | 123.57 Bn | 2.02 Bn | 215.00 Mn |
| 4 | Cummins | 91.66 Bn | 88.48 Bn | 2.24 Bn | 254.00 Mn |
| 5 | Emerson Electric | 82.90 Bn | 81.11 Bn | 2.42 Bn | 175.00 Mn |
| 6 | Illinois Tool Works | 81.54 Bn | 80.71 Bn | 1.76 Bn | 199.00 Mn |
| 7 | Ametek | 55.40 Bn | 54.92 Bn | 717.56 Mn | 93.62 Mn |
| 8 | Rockwell Automation | 51.78 Bn | 51.35 Bn | 1.13 Bn | 89.00 Mn |
| 9 | Ingersoll Rand | 32.99 Bn | 31.71 Bn | 792.40 Mn | 36.10 Mn |
| 10 | Xylem | 29.09 Bn | 28.28 Bn | 803.00 Mn | 55.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jul 4, 2021 | 167.00 Mn |