Cummins Inc (CMI) — Financial Flexibility Index
Cummins Inc (CMI) has a Financial Flexibility Index of 0.02x as of March 2026. Free cash flow of $498.00 Million (operating CF $309.00 Million minus capex $189.00 Million) represents 0% of total liabilities ($21.07 Billion). Check Cummins Inc strategic capital allocation to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Cummins Inc Financial Flexibility Index (1989–2025)
Historical Financial Flexibility Index trend for Cummins Inc across 37 annual periods. See working capital position of Cummins Inc to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Cummins Inc (1989–2025)
Year-by-year free cash flow to debt coverage for Cummins Inc. For the full company profile including market capitalisation, see market value of Cummins Inc.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.24x | $4.86 Billion | $3.62 Billion | $20.58 Billion | ▲ +77.1% |
| 2024 | 0.13x | $2.69 Billion | $1.49 Billion | $20.23 Billion | ▼ -43.2% |
| 2023 | 0.23x | $5.18 Billion | $3.97 Billion | $22.10 Billion | ▲ +63.4% |
| 2022 | 0.14x | $2.88 Billion | $1.96 Billion | $20.07 Billion | ▼ -32.6% |
| 2021 | 0.21x | $3.04 Billion | $2.26 Billion | $14.31 Billion | ▼ -12.1% |
| 2020 | 0.24x | $3.30 Billion | $2.72 Billion | $13.63 Billion | ▼ -31.1% |
| 2019 | 0.35x | $3.96 Billion | $3.18 Billion | $11.27 Billion | ▲ +19.9% |
| 2018 | 0.29x | $3.16 Billion | $2.38 Billion | $10.80 Billion | ▲ +1.3% |
| 2017 | 0.29x | $2.86 Billion | $2.28 Billion | $9.91 Billion | ▼ -10.5% |
| 2016 | 0.32x | $2.53 Billion | $1.94 Billion | $7.84 Billion | ▼ -16.6% |
| 2015 | 0.39x | $2.86 Billion | $2.06 Billion | $7.38 Billion | ▼ -2.9% |
| 2014 | 0.40x | $3.06 Billion | $2.27 Billion | $7.68 Billion | ▼ -3.3% |
| 2013 | 0.41x | $2.83 Billion | $2.09 Billion | $6.86 Billion | ▼ -0.4% |
| 2012 | 0.41x | $2.31 Billion | $1.53 Billion | $5.57 Billion | ▼ -12.2% |
| 2011 | 0.47x | $2.75 Billion | $2.07 Billion | $5.84 Billion | ▲ +80.6% |
| 2010 | 0.26x | $1.41 Billion | $1.01 Billion | $5.41 Billion | ▼ -15.4% |
| 2009 | 0.31x | $1.48 Billion | $1.14 Billion | $4.80 Billion | ▼ -3.4% |
| 2008 | 0.32x | $1.61 Billion | $987.00 Million | $5.04 Billion | ▲ +16.9% |
| 2007 | 0.27x | $1.23 Billion | $810.00 Million | $4.49 Billion | ▲ +5.8% |
| 2006 | 0.26x | $1.14 Billion | $840.00 Million | $4.41 Billion | ▲ +31.2% |
| 2005 | 0.20x | $946.00 Million | $760.00 Million | $4.80 Billion | ▲ +26.8% |
| 2004 | 0.16x | $765.00 Million | $614.00 Million | $4.92 Billion | ▲ +111.6% |
| 2003 | 0.07x | $298.00 Million | $158.00 Million | $4.05 Billion | ▲ +1.4% |
| 2002 | 0.07x | $283.00 Million | $193.00 Million | $3.90 Billion | ▼ -33.2% |
| 2001 | 0.11x | $350.00 Million | $144.00 Million | $3.23 Billion | ▼ -45.6% |
| 2000 | 0.20x | $616.00 Million | $388.00 Million | $3.09 Billion | ▲ +21.9% |
| 1999 | 0.16x | $522.00 Million | $307.00 Million | $3.19 Billion | ▼ -3.3% |
| 1998 | 0.17x | $542.00 Million | $271.00 Million | $3.21 Billion | ▼ -36.0% |
| 1997 | 0.26x | $605.00 Million | $200.00 Million | $2.29 Billion | ▲ +9.3% |
| 1996 | 0.24x | $497.00 Million | $193.00 Million | $2.06 Billion | ▼ -28.1% |
| 1995 | 0.34x | $629.00 Million | $406.00 Million | $1.87 Billion | ▼ -10.6% |
| 1994 | 0.38x | $613.40 Million | $375.70 Million | $1.63 Billion | ▲ +28.2% |
| 1993 | 0.29x | $459.80 Million | $285.60 Million | $1.57 Billion | ▲ +49.8% |
| 1992 | 0.20x | $337.00 Million | $197.70 Million | $1.72 Billion | ▲ +14.3% |
| 1991 | 0.17x | $230.60 Million | $106.70 Million | $1.35 Billion | ▲ +29.0% |
| 1990 | 0.13x | $179.40 Million | $32.40 Million | $1.35 Billion | ▼ -48.6% |
| 1989 | 0.26x | $346.70 Million | $208.80 Million | $1.34 Billion | — |