Cummins (CMI) Tax Provisions (2009 - 2026)

Cummins (CMI) reported Tax Provisions of $254.0 million for Q1 2026, down 4.87% on a YoY basis from $267.0 million in Q1 2025, and up 48.54% quarter-over-quarter from $171.0 million in Q4 2025.

Cummins (CMI) Tax Provisions (2009 - 2026) Analysis & Trends

Cummins has reported Tax Provisions for 18 years, with the latest figure at $254.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Tax Provisions fell 4.87% year-over-year to $254.0 million; the trailing twelve-month figure through Mar 2026 stood at $993.0 million (up 9.24% YoY), and the FY2025 full-year result was $1.0 billion, up 20.48% from the prior year.
  • Tax Provisions for Q1 2026 stood at $254.0 million, up from $171.0 million in the prior quarter.
  • The five-year high for Tax Provisions was $297.0 million in Q2 2025, with the low at $134.0 million in Q4 2022.
  • Historically, Tax Provisions has averaged $206.9 million across 5 years, with a median of $200.0 million in 2024.
  • Annual changes were most pronounced in 2022 — Tax Provisions soared 48.51% — and 2025, when it decreased 21.2%.
  • Cummins' Tax Provisions stood at $134.0 million in 2022, then climbed by 21.64% to $163.0 million in 2023, then surged by 33.13% to $217.0 million in 2024, then slipped by 21.2% to $171.0 million in 2025, then surged by 48.54% to $254.0 million in 2026.
  • The last three Tax Provisions figures came in at $254.0 million (Q1 2026), $171.0 million (Q4 2025), and $271.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 GE Vernova 251.14 Bn 242.11 Bn 1.78 Bn 354.00 Mn
2 Eaton 153.70 Bn 153.00 Bn 2.65 Bn 240.00 Mn
3 Parker-Hannifin 111.44 Bn 110.97 Bn 2.02 Bn 215.00 Mn
4 Cummins 90.06 Bn 87.33 Bn 2.24 Bn 254.00 Mn
5 Emerson Electric 77.51 Bn 75.74 Bn 2.42 Bn 175.00 Mn
6 Illinois Tool Works 72.86 Bn 72.03 Bn 1.76 Bn 199.00 Mn
7 Ametek 51.86 Bn 51.38 Bn 717.56 Mn 93.62 Mn
8 Rockwell Automation 50.08 Bn 49.71 Bn 1.13 Bn 89.00 Mn
9 Dover 28.99 Bn 27.35 Bn 798.14 Mn 60.15 Mn
10 Ingersoll Rand 28.28 Bn 27.07 Bn 792.40 Mn 36.10 Mn

Historic Data

Download Data
DateValue
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