Cummins (CMI) Tax Provisions (2009 - 2026)
Cummins' (CMI) quarterly Tax Provisions came in at $254.0 million in Q1 2026, down 4.87% YoY from $267.0 million in Q1 2025, and up 48.54% on a QoQ basis from $171.0 million in Q4 2025.
Cummins (CMI) Tax Provisions (2009 - 2026) Analysis & Trends
Cummins (CMI) has 18 years of Tax Provisions data on file, last reported at $254.0 million in 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 advanced to $254.0 million in Q1 2026, from $171.0 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $297.0 million in Q2 2025 to a low of $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 decreased 21.2%.
- Tracing CMI's Tax Provisions over 5 years: 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 259.17 Bn | 246.05 Bn | 2.36 Bn | 276.00 Mn |
| 2 | Eaton | 161.52 Bn | 160.83 Bn | 2.86 Bn | 321.00 Mn |
| 3 | Parker-Hannifin | 126.40 Bn | 125.92 Bn | 2.02 Bn | 215.00 Mn |
| 4 | Emerson Electric | 86.56 Bn | 84.38 Bn | 2.66 Bn | 198.00 Mn |
| 5 | Cummins | 81.89 Bn | 77.22 Bn | 2.47 Bn | 325.00 Mn |
| 6 | Illinois Tool Works | 80.94 Bn | 80.10 Bn | 1.90 Bn | 265.00 Mn |
| 7 | Ametek | 54.90 Bn | 54.40 Bn | 735.04 Mn | 85.48 Mn |
| 8 | Rockwell Automation | 47.96 Bn | 47.48 Bn | 1.14 Bn | 62.00 Mn |
| 9 | Ingersoll Rand | 30.93 Bn | 29.76 Bn | 862.60 Mn | 69.10 Mn |
| 10 | Otis Worldwide | 27.48 Bn | 26.67 Bn | 1.14 Bn | 98.00 Mn |
Historic Data
Download 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 |