Cummins Inc (CMI) — Free Cash Flow Generation Index
Latest as of March 2026:
0.39x
Cummins Inc (CMI) has a Free Cash Flow Generation Index of 0.39x as of March 2026. Free cash flow of $120.00 Million represents 0% of operating cash flow ($309.00 Million). Read CMI total liabilities for a breakdown of total debt and financial obligations.
FCF Generation Index
0.39x
Free Cash Flow / Operating CF
Free Cash Flow
$120.00 Million
USD
Operating Cash Flow
$309.00 Million
USD
Capital Expenditures
$189.00 Million
USD
Cummins Inc Free Cash Flow Generation Index (1989–2025)
Historical FCF Generation Index trend for Cummins Inc across 37 annual periods. Explore Cummins Inc capex to cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for Cummins Inc (1989–2025)
Year-by-year Free Cash Flow Generation Index for Cummins Inc. For the full company profile including market capitalisation, see CMI market cap overview.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.66x | $2.39 Billion | $3.62 Billion | $1.24 Billion | ▲ +251.2% |
| 2024 | 0.19x | $279.00 Million | $1.49 Billion | $1.21 Billion | ▼ -73.0% |
| 2023 | 0.69x | $2.75 Billion | $3.97 Billion | $1.21 Billion | ▲ +30.2% |
| 2022 | 0.53x | $1.05 Billion | $1.96 Billion | $916.00 Million | ▼ -18.2% |
| 2021 | 0.65x | $1.47 Billion | $2.26 Billion | $786.00 Million | ▼ -17.4% |
| 2020 | 0.79x | $2.15 Billion | $2.72 Billion | $575.00 Million | ▲ +4.3% |
| 2019 | 0.76x | $2.41 Billion | $3.18 Billion | $775.00 Million | ▲ +12.8% |
| 2018 | 0.67x | $1.59 Billion | $2.38 Billion | $784.00 Million | ▼ -9.7% |
| 2017 | 0.74x | $1.69 Billion | $2.28 Billion | $587.00 Million | ▲ +7.1% |
| 2016 | 0.69x | $1.34 Billion | $1.94 Billion | $594.00 Million | ▲ +13.2% |
| 2015 | 0.61x | $1.26 Billion | $2.06 Billion | $799.00 Million | ▼ -5.5% |
| 2014 | 0.65x | $1.47 Billion | $2.27 Billion | $798.00 Million | ▲ +0.3% |
| 2013 | 0.65x | $1.35 Billion | $2.09 Billion | $740.00 Million | ▲ +31.0% |
| 2012 | 0.49x | $755.00 Million | $1.53 Billion | $777.00 Million | ▼ -26.6% |
| 2011 | 0.67x | $1.39 Billion | $2.07 Billion | $682.00 Million | ▲ +12.7% |
| 2010 | 0.60x | $599.00 Million | $1.01 Billion | $407.00 Million | ▼ -14.5% |
| 2009 | 0.70x | $792.00 Million | $1.14 Billion | $345.00 Million | ▲ +89.9% |
| 2008 | 0.37x | $362.00 Million | $987.00 Million | $625.00 Million | ▼ -23.8% |
| 2007 | 0.48x | $390.00 Million | $810.00 Million | $420.00 Million | ▼ -25.0% |
| 2006 | 0.64x | $539.00 Million | $840.00 Million | $301.00 Million | ▼ -15.0% |
| 2005 | 0.76x | $574.00 Million | $760.00 Million | $186.00 Million | ▲ +0.2% |
| 2004 | 0.75x | $463.00 Million | $614.00 Million | $151.00 Million | ▲ +561.9% |
| 2003 | 0.11x | $18.00 Million | $158.00 Million | $140.00 Million | ▼ -78.7% |
| 2002 | 0.53x | $103.00 Million | $193.00 Million | $90.00 Million | ▲ +224.0% |
| 2001 | -0.43x | $-62.00 Million | $144.00 Million | $206.00 Million | ▼ -204.4% |
| 2000 | 0.41x | $160.00 Million | $388.00 Million | $228.00 Million | ▲ +37.6% |
| 1999 | 0.30x | $92.00 Million | $307.00 Million | $215.00 Million | ▼ -85.0% |
| 1998 | 2.00x | $542.00 Million | $271.00 Million | $271.00 Million | ▲ +295.1% |
| 1997 | -1.03x | $-205.00 Million | $200.00 Million | $405.00 Million | ▼ -78.2% |
| 1996 | -0.58x | $-111.00 Million | $193.00 Million | $304.00 Million | ▼ -227.6% |
| 1995 | 0.45x | $183.00 Million | $406.00 Million | $223.00 Million | ▲ +22.7% |
| 1994 | 0.37x | $138.00 Million | $375.70 Million | $237.70 Million | ▼ -5.8% |
| 1993 | 0.39x | $111.40 Million | $285.60 Million | $174.20 Million | ▲ +32.0% |
| 1992 | 0.30x | $58.40 Million | $197.70 Million | $139.30 Million | ▲ +283.2% |
| 1991 | -0.16x | $-17.20 Million | $106.70 Million | $123.90 Million | ▲ +95.4% |
| 1990 | -3.54x | $-114.60 Million | $32.40 Million | $147.00 Million | ▼ -1141.7% |
| 1989 | 0.34x | $70.90 Million | $208.80 Million | $137.90 Million | — |
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).