Cummins Inc
Cummins Inc. offers various power solutions worldwide. The company operates through five segments: Engine, Distribution, Components, Power Systems, and Accelera. It offers diesel and natural gas-powered engines; and drivetrain systems, including axles, drivelines, brakes, and suspension systems; and on- and off-highway, and other products. The company also provides aftertreatment technology and s… Read more
Cummins Inc (CMI) - Total Assets
Latest total assets as of December 2025: $33.99 Billion USD
Based on the latest financial reports, Cummins Inc (CMI) holds total assets worth $33.99 Billion USD as of December 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Cummins Inc - Total Assets Trend (1985–2025)
This chart illustrates how Cummins Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Cummins Inc - Asset Composition Analysis
Current Asset Composition (December 2025)
Cummins Inc's total assets of $33.99 Billion consist of 49.8% current assets and 50.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $2.85 Billion | 8.4% |
| Accounts Receivable | $5.82 Billion | 17.1% |
| Inventory | $5.82 Billion | 17.1% |
| Property, Plant & Equipment | $6.96 Billion | 20.5% |
| Intangible Assets | $2.17 Billion | 6.4% |
| Goodwill | $2.22 Billion | 6.5% |
Asset Composition Trend (1985–2025)
This chart illustrates how Cummins Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Cummins Inc's current assets represent 49.8% of total assets in 2025, a decrease from 50.6% in 1985.
- Cash Position: Cash and equivalents constituted 8.4% of total assets in 2025, down from 9.8% in 1985.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 12.0% of total assets, an increase from 0.0% in 1985.
- Asset Diversification: The largest asset category is property, plant & equipment at 20.5% of total assets.
Cummins Inc Competitors by Total Assets
Key competitors of Cummins Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hanil Vacuum Co. Ltd
KQ:123840
|
Korea | ₩115.98 Billion |
|
Ivisionworks Co.,Ltd.
KQ:469750
|
Korea | ₩50.10 Billion |
|
Huayi Compressor Co Ltd
SHE:000404
|
China | CN¥15.16 Billion |
|
Shenyang Machine Tool Co Ltd
SHE:000410
|
China | CN¥9.63 Billion |
|
North Industries Group Red Arrow Co Ltd
SHE:000519
|
China | CN¥17.38 Billion |
|
Changchai Co Ltd
SHE:000570
|
China | CN¥5.30 Billion |
|
Jiangsu Youli Investment Holding Co Ltd
SHE:000584
|
China | CN¥3.49 Billion |
|
Baota Industry Co Ltd
SHE:000595
|
China | CN¥9.54 Billion |
Cummins Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Cummins Inc generates 0.99x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Cummins Inc generates $8.36 in net profit.
Cummins Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.76 | 1.31 | 1.82 |
| Quick Ratio | 1.16 | 0.80 | 1.26 |
| Cash Ratio | 0.30 | 0.15 | 0.00 |
| Working Capital | $7.32 Billion | $ 3.52 Billion | $ 5.46 Billion |
Cummins Inc - Advanced Valuation Insights
This section examines the relationship between Cummins Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 6.03 |
| Latest Market Cap to Assets Ratio | 2.19 |
| Asset Growth Rate (YoY) | 7.8% |
| Total Assets | $33.99 Billion |
| Market Capitalization | $74.50 Billion USD |
Valuation Analysis
Premium Asset Valuation: The market values Cummins Inc's assets at a significant premium ( 2.19x), suggesting investors see substantial growth potential or unique competitive advantages.
Positive Asset Growth: Cummins Inc's assets grew by 7.8% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Cummins Inc (1985–2025)
The table below shows the annual total assets of Cummins Inc from 1985 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $33.99 Billion | +7.77% |
| 2024-12-31 | $31.54 Billion | -1.45% |
| 2023-12-31 | $32.01 Billion | +5.63% |
| 2022-12-31 | $30.30 Billion | +27.79% |
| 2021-12-31 | $23.71 Billion | +4.80% |
| 2020-12-31 | $22.62 Billion | +14.63% |
| 2019-12-31 | $19.74 Billion | +3.54% |
| 2018-12-31 | $19.06 Billion | +5.46% |
| 2017-12-31 | $18.07 Billion | +20.41% |
| 2016-12-31 | $15.01 Billion | -0.81% |
| 2015-12-31 | $15.13 Billion | -4.07% |
| 2014-12-31 | $15.78 Billion | +7.12% |
| 2013-12-31 | $14.73 Billion | +17.37% |
| 2012-12-31 | $12.55 Billion | +7.54% |
| 2011-12-31 | $11.67 Billion | +12.17% |
| 2010-12-31 | $10.40 Billion | +17.99% |
| 2009-12-31 | $8.82 Billion | +3.49% |
| 2008-12-31 | $8.52 Billion | +3.95% |
| 2007-12-31 | $8.20 Billion | +9.78% |
| 2006-12-31 | $7.46 Billion | +8.42% |
| 2005-12-31 | $6.88 Billion | +5.48% |
| 2004-12-31 | $6.53 Billion | +27.33% |
| 2003-12-31 | $5.13 Billion | +5.97% |
| 2002-12-31 | $4.84 Billion | +11.58% |
| 2001-12-31 | $4.33 Billion | -3.67% |
| 2000-12-31 | $4.50 Billion | -4.19% |
| 1999-12-31 | $4.70 Billion | +3.41% |
| 1998-12-31 | $4.54 Billion | +20.64% |
| 1997-12-31 | $3.77 Billion | +11.75% |
| 1996-12-31 | $3.37 Billion | +10.24% |
| 1995-12-31 | $3.06 Billion | +12.92% |
| 1994-12-31 | $2.71 Billion | +13.21% |
| 1993-12-31 | $2.39 Billion | +7.18% |
| 1992-12-31 | $2.23 Billion | +9.27% |
| 1991-12-31 | $2.04 Billion | -2.16% |
| 1990-12-31 | $2.09 Billion | +2.73% |
| 1989-12-31 | $2.03 Billion | -1.61% |
| 1988-12-31 | $2.06 Billion | +2.21% |
| 1987-12-31 | $2.02 Billion | +1.48% |
| 1986-12-31 | $1.99 Billion | +16.70% |
| 1985-12-31 | $1.71 Billion | -- |