Cummins Inc (CMI) — Cash Flow Reinvestment Rate
Cummins Inc (CMI) has a Cash Flow Reinvestment Rate of 1.18x as of March 2026, reinvesting $364.00 Million (capex $189.00 Million plus investments $175.00 Million) from operating cash flow of $309.00 Million. Explore capital reinvestment ratio of Cummins Inc to see what proportion of operating cash flow is directed to capital expenditures.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Cummins Inc Cash Flow Reinvestment Rate (1989–2025)
Historical reinvestment intensity for Cummins Inc across 37 annual periods. Also explore Cummins Inc asset portfolio for the complete picture of this company's asset base.
Annual Cash Flow Reinvestment Rate for Cummins Inc (1989–2025)
Year-by-year capital reinvestment analysis for Cummins Inc. For live market cap and broader valuation context, see Cummins Inc market capitalisation.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.39x | $1.41 Billion | $3.62 Billion | $1.24 Billion | ▼ -80.6% |
| 2024 | 2.01x | $2.99 Billion | $1.49 Billion | $1.21 Billion | ▲ +190.1% |
| 2023 | 0.69x | $2.75 Billion | $3.97 Billion | $1.21 Billion | ▼ -73.3% |
| 2022 | 2.59x | $5.09 Billion | $1.96 Billion | $916.00 Million | ▲ +505.0% |
| 2021 | 0.43x | $967.00 Million | $2.26 Billion | $786.00 Million | ▲ +56.4% |
| 2020 | 0.27x | $746.00 Million | $2.72 Billion | $575.00 Million | ▼ -7.7% |
| 2019 | 0.30x | $945.00 Million | $3.18 Billion | $775.00 Million | ▼ -26.4% |
| 2018 | 0.40x | $960.00 Million | $2.38 Billion | $784.00 Million | ▲ +37.4% |
| 2017 | 0.29x | $669.00 Million | $2.28 Billion | $587.00 Million | ▼ -33.0% |
| 2016 | 0.44x | $849.00 Million | $1.94 Billion | $594.00 Million | ▲ +11.5% |
| 2015 | 0.39x | $810.00 Million | $2.06 Billion | $799.00 Million | ▲ +9.9% |
| 2014 | 0.36x | $811.00 Million | $2.27 Billion | $798.00 Million | ▼ -2.4% |
| 2013 | 0.37x | $766.00 Million | $2.09 Billion | $740.00 Million | ▼ -28.7% |
| 2012 | 0.51x | $788.00 Million | $1.53 Billion | $777.00 Million | ▲ +40.3% |
| 2011 | 0.37x | $760.00 Million | $2.07 Billion | $682.00 Million | ▼ -38.9% |
| 2010 | 0.60x | $604.00 Million | $1.01 Billion | $407.00 Million | ▲ +34.9% |
| 2009 | 0.45x | $506.00 Million | $1.14 Billion | $345.00 Million | ▼ -29.7% |
| 2008 | 0.63x | $625.00 Million | $987.00 Million | $625.00 Million | ▲ +22.1% |
| 2007 | 0.52x | $420.00 Million | $810.00 Million | $420.00 Million | ▲ +44.7% |
| 2006 | 0.36x | $301.00 Million | $840.00 Million | $301.00 Million | ▲ +46.4% |
| 2005 | 0.24x | $186.00 Million | $760.00 Million | $186.00 Million | ▼ -0.5% |
| 2004 | 0.25x | $151.00 Million | $614.00 Million | $151.00 Million | ▼ -72.2% |
| 2003 | 0.89x | $140.00 Million | $158.00 Million | $140.00 Million | ▲ +90.0% |
| 2002 | 0.47x | $90.00 Million | $193.00 Million | $90.00 Million | ▼ -67.4% |
| 2001 | 1.43x | $206.00 Million | $144.00 Million | $206.00 Million | ▲ +143.4% |
| 2000 | 0.59x | $228.00 Million | $388.00 Million | $228.00 Million | ▼ -16.1% |
| 1999 | 0.70x | $215.00 Million | $307.00 Million | $215.00 Million | ▼ -30.0% |
| 1998 | 1.00x | $271.00 Million | $271.00 Million | $271.00 Million | ▼ -50.6% |
| 1997 | 2.03x | $405.00 Million | $200.00 Million | $405.00 Million | ▲ +28.6% |
| 1996 | 1.58x | $304.00 Million | $193.00 Million | $304.00 Million | ▲ +186.8% |
| 1995 | 0.55x | $223.00 Million | $406.00 Million | $223.00 Million | ▼ -13.2% |
| 1994 | 0.63x | $237.70 Million | $375.70 Million | $237.70 Million | ▲ +3.7% |
| 1993 | 0.61x | $174.20 Million | $285.60 Million | $174.20 Million | ▼ -13.4% |
| 1992 | 0.70x | $139.30 Million | $197.70 Million | $139.30 Million | ▼ -39.3% |
| 1991 | 1.16x | $123.90 Million | $106.70 Million | $123.90 Million | ▼ -74.4% |
| 1990 | 4.54x | $147.00 Million | $32.40 Million | $147.00 Million | ▲ +587.0% |
| 1989 | 0.66x | $137.90 Million | $208.80 Million | $137.90 Million | — |