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

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 376.30 Bn 369.59 Bn 7.76 Bn 1.06 Bn
2 Cummins 76.29 Bn 71.62 Bn 2.47 Bn 325.00 Mn
3 Paccar 64.20 Bn 55.53 Bn 1.56 Bn 229.50 Mn
4 Borgwarner 13.28 Bn 10.83 Bn 721.00 Mn 81.00 Mn
5 Allison Transmission Holdings 10.68 Bn 10.28 Bn 515.00 Mn 47.00 Mn
6 Oshkosh 9.47 Bn 9.06 Bn 480.30 Mn 37.20 Mn
7 Federal Signal 7.15 Bn 7.09 Bn 203.80 Mn 25.30 Mn
8 Terex 7.05 Bn 6.64 Bn 444.00 Mn 29.00 Mn
9 Dana 3.30 Bn 2.97 Bn 210.00 Mn 54.00 Mn
10 Phinia 2.46 Bn 2.09 Bn 216.00 Mn 27.00 Mn
Historic Data

Historic Data

Download Data
DateValue
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