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
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