Cummins Inc (CMI) — Net Asset Quality Index
Cummins Inc (CMI) has a Net Asset Quality Index of 38.8% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $34.45 Billion minus total liabilities of $21.07 Billion yields net assets of $13.37 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check CMI asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Cummins Inc Net Asset Quality Index Over Time (1985–2025)
This chart shows how Cummins Inc's Net Asset Quality Index has evolved across 41 annual periods from 1985 to 2025. As of March 2026, the index stands at 38.8%, representing net assets of $13.37 Billion against total assets of $34.45 Billion USD. See working capital position of Cummins Inc to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Cummins Inc (1985–2025)
The table below presents the year-by-year Net Asset Quality Index for Cummins Inc from 1985 to 2025, covering 41 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see CMI market cap.
| Year | Quality Index | Net Assets (USD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 39.4% | $13.41 Billion | $33.99 Billion | $20.58 Billion | ▲ +3.6 pp |
| 2024 | 35.9% | $11.31 Billion | $31.54 Billion | $20.23 Billion | ▲ +4.9 pp |
| 2023 | 30.9% | $9.90 Billion | $32.01 Billion | $22.10 Billion | ▼ -2.8 pp |
| 2022 | 33.7% | $10.22 Billion | $30.30 Billion | $20.07 Billion | ▼ -5.9 pp |
| 2021 | 39.6% | $9.40 Billion | $23.71 Billion | $14.31 Billion | ▼ -0.1 pp |
| 2020 | 39.7% | $8.99 Billion | $22.62 Billion | $13.63 Billion | ▼ -3.2 pp |
| 2019 | 42.9% | $8.46 Billion | $19.74 Billion | $11.27 Billion | ▼ -0.4 pp |
| 2018 | 43.3% | $8.26 Billion | $19.06 Billion | $10.80 Billion | ▼ -1.8 pp |
| 2017 | 45.2% | $8.16 Billion | $18.07 Billion | $9.91 Billion | ▼ -2.6 pp |
| 2016 | 47.8% | $7.17 Billion | $15.01 Billion | $7.84 Billion | ▼ -3.4 pp |
| 2015 | 51.2% | $7.75 Billion | $15.13 Billion | $7.38 Billion | ▼ -0.1 pp |
| 2014 | 51.3% | $8.09 Billion | $15.78 Billion | $7.68 Billion | ▼ -2.1 pp |
| 2013 | 53.4% | $7.87 Billion | $14.73 Billion | $6.86 Billion | ▼ -2.1 pp |
| 2012 | 55.6% | $6.97 Billion | $12.55 Billion | $5.57 Billion | ▲ +5.6 pp |
| 2011 | 50.0% | $5.83 Billion | $11.67 Billion | $5.84 Billion | ▲ +1.9 pp |
| 2010 | 48.0% | $5.00 Billion | $10.40 Billion | $5.41 Billion | ▲ +2.4 pp |
| 2009 | 45.6% | $4.02 Billion | $8.82 Billion | $4.80 Billion | ▲ +4.7 pp |
| 2008 | 40.8% | $3.48 Billion | $8.52 Billion | $5.04 Billion | ▼ -4.3 pp |
| 2007 | 45.2% | $3.70 Billion | $8.20 Billion | $4.49 Billion | ▲ +4.2 pp |
| 2006 | 40.9% | $3.06 Billion | $7.46 Billion | $4.41 Billion | ▲ +10.6 pp |
| 2005 | 30.3% | $2.09 Billion | $6.88 Billion | $4.80 Billion | ▲ +5.7 pp |
| 2004 | 24.7% | $1.61 Billion | $6.53 Billion | $4.92 Billion | ▲ +3.7 pp |
| 2003 | 20.9% | $1.07 Billion | $5.13 Billion | $4.05 Billion | ▲ +1.6 pp |
| 2002 | 19.3% | $933.00 Million | $4.84 Billion | $3.90 Billion | ▼ -6.3 pp |
| 2001 | 25.6% | $1.11 Billion | $4.33 Billion | $3.23 Billion | ▼ -5.7 pp |
| 2000 | 31.3% | $1.41 Billion | $4.50 Billion | $3.09 Billion | ▼ -0.7 pp |
| 1999 | 32.0% | $1.50 Billion | $4.70 Billion | $3.19 Billion | ▲ +2.6 pp |
| 1998 | 29.4% | $1.33 Billion | $4.54 Billion | $3.21 Billion | ▼ -9.8 pp |
| 1997 | 39.2% | $1.48 Billion | $3.77 Billion | $2.29 Billion | ▲ +0.2 pp |
| 1996 | 38.9% | $1.31 Billion | $3.37 Billion | $2.06 Billion | ▲ +0.2 pp |
| 1995 | 38.7% | $1.18 Billion | $3.06 Billion | $1.87 Billion | ▼ -0.9 pp |
| 1994 | 39.6% | $1.07 Billion | $2.71 Billion | $1.63 Billion | ▲ +5.3 pp |
| 1993 | 34.3% | $821.10 Million | $2.39 Billion | $1.57 Billion | ▲ +11.6 pp |
| 1992 | 22.7% | $506.80 Million | $2.23 Billion | $1.72 Billion | ▼ -11.3 pp |
| 1991 | 34.0% | $693.60 Million | $2.04 Billion | $1.35 Billion | ▼ -1.2 pp |
| 1990 | 35.2% | $734.00 Million | $2.09 Billion | $1.35 Billion | ▲ +1.3 pp |
| 1989 | 33.9% | $688.40 Million | $2.03 Billion | $1.34 Billion | ▲ +5.5 pp |
| 1988 | 28.4% | $586.50 Million | $2.06 Billion | $1.48 Billion | ▼ -5.9 pp |
| 1987 | 34.3% | $692.30 Million | $2.02 Billion | $1.33 Billion | ▲ +1.4 pp |
| 1986 | 32.9% | $655.30 Million | $1.99 Billion | $1.33 Billion | ▼ -8.8 pp |
| 1985 | 41.7% | $711.60 Million | $1.71 Billion | $993.50 Million | — |