Other Income & Expense
Equity Method Income
Cummins Equity Method Income increased by 27.6% to $148.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 13.0%, from $131.00M to $148.00M. Over 4 years (FY 2021 to FY 2025), Equity Method Income shows relatively stable performance with a -1.9% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
StatementIncome Statement
SectionOther Income & Expense
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2015
Last reportedQ1 2026May 5, 2026
How to read this metric
An increase indicates strong performance from strategic partners, while a decrease suggests weakness in joint venture operations.
Detailed definition
This metric represents the company's share of the net income or loss from investments in unconsolidated affiliates or jo...
Peer comparison
Common in industrial companies with extensive global joint venture networks.
Metric ID:
equity_method_incomeHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $137.00M | $94.00M | $109.00M | $96.00M | $95.00M | $70.00M | $88.00M | $119.00M | $133.00M | $118.00M | $113.00M | $123.00M | $103.00M | $99.00M | $70.00M | $131.00M | $118.00M | $104.00M | $116.00M | $148.00M |
| QoQ Change | — | -31.4% | +16.0% | -11.9% | -1.0% | -26.3% | +25.7% | +35.2% | +11.8% | -11.3% | -4.2% | +8.8% | -16.3% | -3.9% | -29.3% | +87.1% | -9.9% | -11.9% | +11.5% | +27.6% |
| YoY Change | — | — | — | — | -30.7% | -25.5% | -19.3% | +24.0% | +40.0% | +68.6% | +28.4% | +3.4% | -22.6% | -16.1% | -38.1% | +6.5% | +14.6% | +5.1% | +65.7% | +13.0% |
Range$70.00M – $148.00M
CAGR+1.6%
Avg YoY Growth+7.3%
Median YoY Growth+5.8%
Current Streak2 quarters growth
Product Breakdown
| Segment | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 |
|---|---|---|---|---|---|
| Royalty and interest income | $28.00M | $23.00M | $23.00M | $33.00M | $20.00M |
| Total | $113.00M | $123.00M | $103.00M | $99.00M | $70.00M |
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Engine | $48.00M | $53.00M | $54.00M | $73.00M | $60.00M | $54.00M | $67.00M | $80.00M |
| Power Systems | $26.00M | $20.00M | $14.00M | $29.00M | $27.00M | $26.00M | $27.00M | $36.00M |
| Distribution | $24.00M | $25.00M | $17.00M | $28.00M | $26.00M | $23.00M | $28.00M | $28.00M |
| Components | $13.00M | $12.00M | $13.00M | $7.00M | $10.00M | $7.00M | $7.00M | $10.00M |
| Accelera | -$8.00M | -$11.00M | -$28.00M | -$6.00M | -$5.00M | -$6.00M | -$13.00M | -$6.00M |
| Total | $103.00M | $99.00M | $70.00M | $131.00M | $118.00M | $104.00M | $116.00M | $148.00M |
Equity Method Income at Other Companies
Frequently Asked Questions
- What is Cummins's equity method income?
- Cummins (CMI) reported equity method income of $148.00M in Q1 2026.
- How has Cummins's equity method income changed year-over-year?
- Cummins's equity method income increased by 13.0% year-over-year, from $131.00M to $148.00M.
- What is the long-term trend for Cummins's equity method income?
- Over 4 years (2021 to 2025), Cummins's equity method income has grown at a -1.9% compound annual growth rate (CAGR), from $506.00M to $469.00M.
- What does equity method income mean?
- The company's portion of profits or losses from businesses it partially owns but does not fully control.