Cummins Inc Total Assets
Cummins Inc total assets. Based on the latest financial reports, Cummins Inc (CMI) holds total assets worth $34.45 Billion USD as of March 2026. 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. Also see how much is Cummins Inc worth for the company's overall valuation and market capitalisation.
Total Assets of Cummins Inc (1985–2025)
Total assets of Cummins Inc from 1985 to 2025. This chart illustrates how Cummins Inc's total assets have evolved over time, based on quarterly financial data. See Cummins Inc (CMI) share price today for real-time trading data and today's change.
Cummins Inc - Asset Composition Analysis
Cummins Inc Total Assets Breakdown (December 2025)
Cummins Inc total assets breakdown as of December 2025. Cummins Inc's total assets of $34.45 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. Explore CMI working capital efficiency to assess how much short-term liquidity the company maintains relative to its equity base.
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 |
|---|---|---|
|
Ingersoll Rand Inc
NYSE:IR
|
USA | $18.19 Billion |
|
Ming Yang Smart Energy Group Ltd
SHG:601615
|
China | CN¥97.42 Billion |
|
Jinlong Machinery Electronic
SHE:300032
|
China | CN¥1.46 Billion |
|
Linzhou Heavy Machinery Group Co Ltd
SHE:002535
|
China | CN¥3.51 Billion |
|
GRUPUL INDUSTRIAL ELECTROCONTACT S.A.
RO:ECT
|
Romania | RON15.45 Million |
|
Laser Photonics Corporation Common Stock
NASDAQ:LASE
|
USA | $10.58 Million |
|
Greatech Technology Bhd
KLSE:0208
|
Malaysia | RM1.39 Billion |
|
DynaCERT Inc.
TO:DYA
|
Canada | CA$4.72 Million |
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 | 1.71 | 1.34 | 1.81 |
| Quick Ratio | 1.11 | 0.81 | 1.19 |
| Cash Ratio | 0.00 | 0.13 | 0.38 |
| Working Capital | $7.21 Billion | $3.96 Billion | $5.33 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 | 7.54 |
| Latest Market Cap to Assets Ratio | 1.92 |
| Asset Growth Rate (YoY) | 7.8% |
| Total Assets | $33.99 Billion |
| Market Capitalization | $65.11 Billion USD |
Valuation Analysis
Above Book Valuation: The market values Cummins Inc's assets above their book value (1.92x), reflecting positive investor sentiment about the company's future prospects.
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 | -- |
About 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