Cummins Inc (CMI) — Capital Reinvestment Ratio
Latest as of March 2026:
0.61x
Cummins Inc (CMI) has a Capital Reinvestment Ratio of 0.61x as of March 2026, meaning it reinvests 1% of its operating cash flow ($309.00 Million) in capital expenditures ($189.00 Million). See CMI net asset quality score to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
0.61x
Capex / Operating Cash Flow
Operating Cash Flow
$309.00 Million
USD
Capital Expenditures
$189.00 Million
USD
Data as of
Mar 2026
Most recent filing
Cummins Inc Capital Reinvestment Ratio (1989–2025)
This chart tracks Cummins Inc's Capital Reinvestment Ratio across 37 annual periods. Check CMI capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Cummins Inc (1989–2025)
Year-by-year Capital Reinvestment Ratio for Cummins Inc from 1989 to 2025. For live market cap and broader valuation context, see CMI company net worth.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.34x | $3.62 Billion | $1.24 Billion | ▼ -58.0% |
| 2024 | 0.81x | $1.49 Billion | $1.21 Billion | ▲ +165.6% |
| 2023 | 0.31x | $3.97 Billion | $1.21 Billion | ▼ -34.5% |
| 2022 | 0.47x | $1.96 Billion | $916.00 Million | ▲ +34.0% |
| 2021 | 0.35x | $2.26 Billion | $786.00 Million | ▲ +64.9% |
| 2020 | 0.21x | $2.72 Billion | $575.00 Million | ▼ -13.3% |
| 2019 | 0.24x | $3.18 Billion | $775.00 Million | ▼ -26.1% |
| 2018 | 0.33x | $2.38 Billion | $784.00 Million | ▲ +27.9% |
| 2017 | 0.26x | $2.28 Billion | $587.00 Million | ▼ -16.0% |
| 2016 | 0.31x | $1.94 Billion | $594.00 Million | ▼ -20.9% |
| 2015 | 0.39x | $2.06 Billion | $799.00 Million | ▲ +10.2% |
| 2014 | 0.35x | $2.27 Billion | $798.00 Million | ▼ -0.6% |
| 2013 | 0.35x | $2.09 Billion | $740.00 Million | ▼ -30.2% |
| 2012 | 0.51x | $1.53 Billion | $777.00 Million | ▲ +54.2% |
| 2011 | 0.33x | $2.07 Billion | $682.00 Million | ▼ -18.7% |
| 2010 | 0.40x | $1.01 Billion | $407.00 Million | ▲ +33.3% |
| 2009 | 0.30x | $1.14 Billion | $345.00 Million | ▼ -52.1% |
| 2008 | 0.63x | $987.00 Million | $625.00 Million | ▲ +22.1% |
| 2007 | 0.52x | $810.00 Million | $420.00 Million | ▲ +44.7% |
| 2006 | 0.36x | $840.00 Million | $301.00 Million | ▲ +46.4% |
| 2005 | 0.24x | $760.00 Million | $186.00 Million | ▼ -0.5% |
| 2004 | 0.25x | $614.00 Million | $151.00 Million | ▼ -72.2% |
| 2003 | 0.89x | $158.00 Million | $140.00 Million | ▲ +90.0% |
| 2002 | 0.47x | $193.00 Million | $90.00 Million | ▼ -67.4% |
| 2001 | 1.43x | $144.00 Million | $206.00 Million | ▲ +143.4% |
| 2000 | 0.59x | $388.00 Million | $228.00 Million | ▼ -16.1% |
| 1999 | 0.70x | $307.00 Million | $215.00 Million | ▼ -30.0% |
| 1998 | 1.00x | $271.00 Million | $271.00 Million | ▼ -50.6% |
| 1997 | 2.03x | $200.00 Million | $405.00 Million | ▲ +28.6% |
| 1996 | 1.58x | $193.00 Million | $304.00 Million | ▲ +186.8% |
| 1995 | 0.55x | $406.00 Million | $223.00 Million | ▼ -13.2% |
| 1994 | 0.63x | $375.70 Million | $237.70 Million | ▲ +3.7% |
| 1993 | 0.61x | $285.60 Million | $174.20 Million | ▼ -13.4% |
| 1992 | 0.70x | $197.70 Million | $139.30 Million | ▼ -39.3% |
| 1991 | 1.16x | $106.70 Million | $123.90 Million | ▼ -74.4% |
| 1990 | 4.54x | $32.40 Million | $147.00 Million | ▲ +587.0% |
| 1989 | 0.66x | $208.80 Million | $137.90 Million | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow