Cummins Inc (CMI) - Total Assets
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. See shareholders equity of Cummins Inc for net asset value and shareholders' equity analysis.
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.
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. For live market cap, price, and company overview, see CMI market cap overview.
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 |
|---|---|---|
|
Xi an Bright Laser Tech Co Ltd
SHG:688333
|
China | CN¥8.60 Billion |
|
Zhuhai Bojay Electronics Co Ltd
SHE:002975
|
China | CN¥3.35 Billion |
|
Shanghai Electric Wind Power Group Co. Ltd. A
SHG:688660
|
China | CN¥33.92 Billion |
|
Taihai Manoir Nuclear Equipment Co Ltd
SHE:002366
|
China | CN¥7.93 Billion |
|
Shanghai Hanbell Precise Machinery Co Ltd
SHE:002158
|
China | CN¥6.26 Billion |
|
Weichai Heavy Machinery Co Ltd
SHE:000880
|
China | CN¥7.75 Billion |
|
Yangling Metron New Material Co Ltd
SHE:300861
|
China | CN¥7.00 Billion |
|
Zhejiang Windey Co Ltd
SHE:300772
|
China | CN¥48.90 Billion |
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 | -- |
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