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| 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 |