Cummins Inc Tangible Net Worth Ratio
Cummins Inc tangible net worth ratio. Cummins Inc (CMI) has a Tangible Net Worth Ratio of 83.6% as of March 2026. This metric is calculated by deducting intangible assets ($2.19 Billion) from net assets ($13.37 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore CMI net assets growth trend to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Cummins Inc (1985–2025)
Tangible net worth ratio of Cummins Inc from 1985 to 2025. This chart shows how Cummins Inc's Tangible Net Worth Ratio has changed across 41 annual periods from 1985 to 2025. As of March 2026, the ratio stands at 83.6%, reflecting net assets of $13.37 Billion with intangible assets of $2.19 Billion USD. Check Cummins Inc (CMI) strategic asset index to assess the company's strategic physical and investment asset allocation.
Cummins Inc Tangible Net Worth Ratio by Year (1985–2025)
Cummins Inc tangible net worth ratio by year from 1985 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for Cummins Inc from 1985 to 2025, covering 41 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see market cap of Cummins Inc.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 83.8% | $13.41 Billion | $2.17 Billion | $33.99 Billion | ▲ +4.6 pp |
| 2024 | 79.2% | $11.31 Billion | $2.35 Billion | $31.54 Billion | ▲ +4.6 pp |
| 2023 | 74.6% | $9.90 Billion | $2.52 Billion | $32.01 Billion | ▲ +0.8 pp |
| 2022 | 73.7% | $10.22 Billion | $2.69 Billion | $30.30 Billion | ▼ -16.7 pp |
| 2021 | 90.4% | $9.40 Billion | $900.00 Million | $23.71 Billion | ▲ +1.1 pp |
| 2020 | 89.3% | $8.99 Billion | $963.00 Million | $22.62 Billion | ▲ +1.1 pp |
| 2019 | 88.2% | $8.46 Billion | $1.00 Billion | $19.74 Billion | ▼ -0.8 pp |
| 2018 | 89.0% | $8.26 Billion | $909.00 Million | $19.06 Billion | ▲ +0.9 pp |
| 2017 | 88.1% | $8.16 Billion | $973.00 Million | $18.07 Billion | ▼ -7.3 pp |
| 2016 | 95.4% | $7.17 Billion | $332.00 Million | $15.01 Billion | ▼ -0.4 pp |
| 2015 | 95.8% | $7.75 Billion | $328.00 Million | $15.13 Billion | ▲ +0.0 pp |
| 2014 | 95.8% | $8.09 Billion | $343.00 Million | $15.78 Billion | ▲ +0.3 pp |
| 2013 | 95.5% | $7.87 Billion | $357.00 Million | $14.73 Billion | ▲ +0.8 pp |
| 2012 | 94.7% | $6.97 Billion | $369.00 Million | $12.55 Billion | ▼ -1.4 pp |
| 2011 | 96.1% | $5.83 Billion | $227.00 Million | $11.67 Billion | ▲ +0.6 pp |
| 2010 | 95.6% | $5.00 Billion | $222.00 Million | $10.40 Billion | ▲ +1.2 pp |
| 2009 | 94.3% | $4.02 Billion | $228.00 Million | $8.82 Billion | ▲ +0.7 pp |
| 2008 | 93.6% | $3.48 Billion | $223.00 Million | $8.52 Billion | ▼ -1.7 pp |
| 2007 | 95.3% | $3.70 Billion | $173.00 Million | $8.20 Billion | ▼ -0.5 pp |
| 2006 | 95.8% | $3.06 Billion | $128.00 Million | $7.46 Billion | ▲ +0.6 pp |
| 2005 | 95.2% | $2.09 Billion | $100.00 Million | $6.88 Billion | ▲ +1.0 pp |
| 2004 | 94.2% | $1.61 Billion | $93.00 Million | $6.53 Billion | ▲ +34.9 pp |
| 2003 | 59.3% | $1.07 Billion | $436.00 Million | $5.13 Billion | ▲ +6.4 pp |
| 2002 | 52.9% | $933.00 Million | $439.00 Million | $4.84 Billion | ▲ +8.1 pp |
| 2001 | 44.9% | $1.11 Billion | $611.00 Million | $4.33 Billion | ▼ -28.2 pp |
| 2000 | 73.0% | $1.41 Billion | $380.00 Million | $4.50 Billion | ▼ -10.4 pp |
| 1999 | 83.4% | $1.50 Billion | $249.00 Million | $4.70 Billion | ▲ +8.2 pp |
| 1998 | 75.2% | $1.33 Billion | $331.00 Million | $4.54 Billion | ▼ -12.8 pp |
| 1997 | 88.0% | $1.48 Billion | $177.00 Million | $3.77 Billion | ▲ +3.5 pp |
| 1996 | 84.5% | $1.31 Billion | $204.00 Million | $3.37 Billion | ▲ +0.9 pp |
| 1995 | 83.6% | $1.18 Billion | $194.00 Million | $3.06 Billion | ▼ -4.4 pp |
| 1994 | 88.0% | $1.07 Billion | $128.30 Million | $2.71 Billion | ▲ +8.7 pp |
| 1993 | 79.3% | $821.10 Million | $170.00 Million | $2.39 Billion | ▼ -3.3 pp |
| 1992 | 82.6% | $506.80 Million | $88.30 Million | $2.23 Billion | ▼ -9.2 pp |
| 1991 | 91.8% | $693.60 Million | $56.70 Million | $2.04 Billion | ▲ +0.1 pp |
| 1990 | 91.8% | $734.00 Million | $60.50 Million | $2.09 Billion | ▼ -8.2 pp |
| 1989 | 100.0% | $688.40 Million | $0.00 | $2.03 Billion | ▲ +0.0 pp |
| 1988 | 100.0% | $586.50 Million | $0.00 | $2.06 Billion | ▲ +0.0 pp |
| 1987 | 100.0% | $692.30 Million | $0.00 | $2.02 Billion | ▲ +0.0 pp |
| 1986 | 100.0% | $655.30 Million | $0.00 | $1.99 Billion | ▲ +0.0 pp |
| 1985 | 100.0% | $711.60 Million | $0.00 | $1.71 Billion | — |