Cummins Cash Flow Statement
NYSE: CMIIndustrialsIndustrial Machinery/ComponentsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Cummins free cash flow
In fiscal 2025, Cummins generated $3.62 billion of operating cash flow and spent $1.24 billion on capital expenditures. That left free cash flow of $2.39 billion, a free-cash-flow margin of 7.1% of revenue. Free cash flow was up 755.2% from the prior year's $279.0 million.
Cummins returned $1.05 billion to shareholders through dividends, equal to 44% of free cash flow. Free cash flow covered dividend payments 2.3 times.
Summary generated from market data by MetaCap's automated system. Methodology
Cummins cash flow statement (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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 2.96B | 4.07B | 840.00M | 2.18B | 2.16B | 1.81B | 2.27B | 2.19B | 994.00M | 1.46B |
| Net Income growth (YoY) | -27.31% | +384.29% | -61.52% | +0.88% | +19.49% | -20.15% | +3.70% | +120.02% | -31.73% | -0.95% |
| Depreciation & Amortization | 1.10B | 1.06B | 1.02B | 784.00M | 662.00M | 673.00M | 672.00M | 611.00M | 583.00M | 530.00M |
| Stock-Based Compensation | 93.00M | 100.00M | 79.00M | 33.00M | 37.00M | 31.00M | 49.00M | 53.00M | 41.00M | 32.00M |
| Change in Working Capital | -249.00M | -2.46B | 2.75B | -308.00M | -185.00M | 416.00M | -226.00M | -64.00M | 603.00M | 3.00M |
| Operating Cash Flow | 3.62B | 1.49B | 3.97B | 1.96B | 2.26B | 2.72B | 3.18B | 2.38B | 2.28B | 1.94B |
| Capital Expenditures | -1.24B | -1.21B | -1.21B | -916.00M | -734.00M | -528.00M | -700.00M | -709.00M | -506.00M | -531.00M |
| Investing Cash Flow | -1.73B | -1.78B | -1.64B | -4.17B | -873.00M | -719.00M | -1.15B | -974.00M | -1.05B | -917.00M |
| Dividends Paid | -1.05B | -969.00M | -921.00M | -855.00M | -809.00M | -782.00M | -761.00M | -718.00M | -701.00M | -676.00M |
| Share Repurchases | — | 0 | 0 | -374.00M | -1.40B | -641.00M | -1.27B | -1.14B | -451.00M | -778.00M |
| Debt Issued | 2.33B | 2.72B | 861.00M | 2.10B | 79.00M | 2.01B | 11.00M | 36.00M | 6.00M | 111.00M |
| Debt Repaid | -975.00M | -1.57B | -1.14B | -1.55B | -73.00M | -73.00M | -96.00M | -62.00M | -60.00M | -163.00M |
| Financing Cash Flow | -772.00M | -173.00M | -2.18B | 1.67B | -2.23B | 280.00M | -2.10B | -1.40B | -1.07B | -1.41B |
| Net Change in Cash | 1.17B | -508.00M | 78.00M | -491.00M | -809.00M | 2.27B | -174.00M | -66.00M | 249.00M | — |
| Free Cash Flow | 2.39B | 279.00M | 2.75B | 1.05B | 1.52B | 2.19B | 2.48B | 1.67B | 1.77B | 1.41B |
This table shows 10 annual periods of Cummins's cash flow statement, from FY 2025 back to FY 2016, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow CMI's reporting calendar. What is a cash flow statement?