Cummins (CMI) Total Debt (2009 - 2026)
Cummins (CMI) posted Total Debt of $7.35 billion for Q2 2026, down 5.5% from $7.78 billion a year earlier but up 0.1% from the prior quarter.
Analysis
Cummins (CMI) Total Debt (2009 - 2026) Analysis & Trends
At the end of FY2025, Cummins' Total Debt came in at $7.24 billion, up 7.3% from FY2024.
- Annual Total Debt shows a five-year compound annual growth rate of 12.6% (FY2020 to FY2025).
- In prior years, Cummins' Total Debt was $6.74 billion in FY2024 (+5.0%), $6.42 billion in FY2023 (-16.0%), $7.65 billion in FY2022 (+93.5%) and $3.95 billion in FY2021 (-1.1%).
- Quarterly Total Debt has run from a low of $3.86 billion in Q3 2021 to a high of $7.9 billion in Q3 2022 over five years.
- On a year-over-year basis, Total Debt increased in six of the last eight quarters, with growth averaging 3.6%.
- The strongest year-over-year quarter for Total Debt in the past five years was Q3 2022, with growth of 104.8%; the weakest was Q4 2023, with a decline of 16.0%.
- According to Business Quant data, Total Debt for the three prior quarters was $7.34 billion (Q1 2026), $7.24 billion (Q4 2025) and $7.3 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 268.42 Bn | 239.73 Bn | 7.35 Bn | 45.20 Bn |
| 2 | Amphenol | 200.18 Bn | 194.88 Bn | 4.02 Bn | 17.87 Bn |
| 3 | Deere | 182.33 Bn | 150.42 Bn | 4.66 Bn | 57.74 Bn |
| 4 | Eaton | 139.45 Bn | 136.39 Bn | 3.11 Bn | 20.11 Bn |
| 5 | Parker-Hannifin | 120.96 Bn | 118.84 Bn | 2.26 Bn | 17.48 Bn |
| 6 | 3M | 97.01 Bn | 78.45 Bn | 2.78 Bn | 15.00 Bn |
| 7 | Emerson Electric | 93.92 Bn | 86.65 Bn | 2.66 Bn | 13.11 Bn |
| 8 | Illinois Tool Works | 80.83 Bn | 77.51 Bn | 1.91 Bn | 9.37 Bn |
| 9 | Vertiv Holdings | 75.75 Bn | 64.60 Bn | 1.64 Bn | 2.93 Bn |
| 10 | Cummins | 63.28 Bn | 59.09 Bn | 2.62 Bn | 7.17 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 7.17 Bn |
| Jun 30, 2026 | 7.35 Bn |
| Mar 31, 2026 | 7.34 Bn |
| Dec 31, 2025 | 7.24 Bn |
| Sep 30, 2025 | 7.30 Bn |
| Jun 30, 2025 | 7.78 Bn |
| Mar 31, 2025 | 7.20 Bn |
| Dec 31, 2024 | 6.74 Bn |
| Sep 30, 2024 | 7.15 Bn |
| Jun 30, 2024 | 7.19 Bn |
| Mar 31, 2024 | 6.49 Bn |
| Dec 31, 2023 | 6.42 Bn |
| Sep 30, 2023 | 7.23 Bn |
| Jun 30, 2023 | 7.28 Bn |
| Mar 31, 2023 | 7.52 Bn |
| Dec 31, 2022 | 7.65 Bn |
| Sep 30, 2022 | 7.90 Bn |
| Jun 30, 2022 | 4.26 Bn |
| Mar 31, 2022 | 3.88 Bn |
| Dec 31, 2021 | 3.95 Bn |
API Access
Cummins Total Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=total-debt&ticker=CMI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "ticker": "CMI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=total-debt&ticker=CMI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();