Cummins Balance Sheet
NYSE: CMIIndustrialsIndustrial Machinery/ComponentsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Cummins financial position
At the end of fiscal 2025, Cummins reported total assets of $33.99 billion, up 7.8% from a year earlier against total liabilities of $20.58 billion. Shareholders' equity stood at $12.35 billion, or 36.3% of assets. The company held $2.85 billion in cash and equivalents against $7.24 billion of debt, a net debt position of $4.39 billion.
The current ratio (current assets divided by current liabilities) was 1.76, meaning short-term assets cover obligations due within a year. Debt-to-equity was 0.59.
Summary generated from market data by MetaCap's automated system. Methodology
Cummins balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 2.85B | 1.67B | 2.18B | 2.02B | 2.59B | 3.40B | 1.13B | 1.30B | 1.37B | 1.12B |
| Short-Term Investments | 764.00M | 593.00M | 562.00M | 472.00M | 595.00M | 461.00M | 341.00M | 222.00M | 198.00M | — |
| Receivables | — | — | — | — | — | 3.44B | 3.39B | 3.63B | 3.31B | 2.80B |
| Inventory | 5.82B | 5.74B | 5.68B | 5.60B | 4.36B | 3.42B | 3.49B | 3.76B | 3.17B | 2.67B |
| Total Current Assets | 16.93B | 14.75B | 15.20B | 14.45B | 12.31B | 11.90B | 9.39B | 9.82B | 8.93B | 7.71B |
| Property, Plant & Equipment | 6.96B | 6.36B | 6.25B | 5.52B | 4.42B | 4.25B | 4.25B | 4.10B | 3.93B | 3.80B |
| Goodwill | 2.22B | 2.37B | 2.50B | 2.34B | 1.29B | 1.29B | 1.29B | 1.13B | 1.08B | 480.00M |
| Intangible Assets | 2.17B | 2.35B | 2.52B | 2.69B | 900.00M | 963.00M | 1.00B | 909.00M | 973.00M | 332.00M |
| Total Assets | 33.99B | 31.54B | 32.01B | 30.30B | 23.71B | 22.62B | 19.74B | 19.06B | 18.07B | 15.01B |
| Accounts Payable | 3.80B | 3.95B | 4.26B | 4.25B | 3.02B | 2.82B | 2.53B | 2.82B | 2.58B | 1.85B |
| Short-Term Debt | 447.00M | 1.92B | 1.61B | 3.15B | 372.00M | 385.00M | 691.00M | 825.00M | 361.00M | 247.00M |
| Total Current Liabilities | 9.61B | 11.23B | 12.90B | 11.42B | 7.08B | 6.33B | 6.26B | 6.38B | 5.68B | 4.33B |
| Long-Term Debt | 6.79B | 4.78B | 4.80B | 4.50B | 3.58B | 3.61B | 1.58B | 1.60B | 1.59B | 1.57B |
| Total Liabilities | 20.58B | 20.23B | 22.10B | 20.07B | 14.31B | 13.63B | 11.27B | 10.80B | 9.91B | 7.84B |
| Shareholders' Equity | 12.35B | 10.27B | 8.85B | 8.97B | 8.15B | 8.06B | 7.51B | 7.35B | 7.26B | 6.88B |
| Retained Earnings | 22.62B | 20.83B | 17.85B | 18.04B | 16.74B | 15.42B | 14.42B | 12.92B | 11.46B | 11.04B |
| Total Debt | 7.24B | 6.70B | 6.42B | 7.64B | 3.95B | 4.00B | 2.27B | 2.42B | 1.95B | 1.81B |
| Net Cash (Debt) | -3.63B | -4.44B | -3.67B | -5.15B | -764.00M | -133.00M | -797.00M | -897.00M | -382.00M | -695.00M |
This table shows 10 annual periods of Cummins's balance sheet, from FY 2025 back to FY 2016, across 18 line items including cash & equivalents, short-term investments, receivables. Values in USD; B = billions, M = millions. Fiscal periods follow CMI's reporting calendar. What is a balance sheet?