Non-Current Assets

Prepaid pension assets

Cummins Prepaid pension assets decreased by 10.7% to $1.03B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 13.1%, from $1.19B to $1.03B. Over 5 years (FY 2020 to FY 2025), Prepaid pension assets shows relatively stable performance with a -0.2% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryRisk
SignalHigher is better
VolatilityModerate
First reportedQ4 2025
Last reportedQ1 2026

How to read this metric

An increase reflects strong plan performance or higher contributions, while a decrease suggests market losses or increased liability projections.

Detailed definition

This represents the surplus value of pension plan assets over the projected benefit obligation for defined benefit retir...

Peer comparison

Varies based on the maturity of the workforce and the historical funding strategy of the company.

Metric ID: non_current_assets_defined_benefit_plan_assets_for_plan__8fec15

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$1.10B$1.10B$1.49B$1.51B$1.46B$1.54B$1.40B$1.50B$1.52B$1.50B$1.20B$1.19B$1.19B$1.21B$1.19B$1.15B$1.16B$1.16B$1.03B
QoQ Change+0.4%+35.3%+1.2%-3.0%+5.1%-9.0%+7.0%+1.8%-1.5%-20.2%-0.8%+0.4%+1.3%-1.6%-3.3%+0.7%-0.1%-10.7%
YoY Change+33.3%+39.6%-6.0%-0.7%+4.2%-2.3%-14.4%-20.7%-21.7%-19.5%-0.7%-3.1%-2.9%-4.2%-13.1%
Range$1.03B$1.54B
CAGR-1.3%
Avg YoY Growth-2.1%
Median YoY Growth-3.1%
Current Streak2 quarters decline

Frequently Asked Questions

What is Cummins's prepaid pension assets?
Cummins (CMI) reported prepaid pension assets of $1.03B in Q4 2025.
How has Cummins's prepaid pension assets changed year-over-year?
Cummins's prepaid pension assets decreased by 13.1% year-over-year, from $1.19B to $1.03B.
What is the long-term trend for Cummins's prepaid pension assets?
Over 5 years (2020 to 2025), Cummins's prepaid pension assets has grown at a -0.2% compound annual growth rate (CAGR), from $1.04B to $1.03B.
What does prepaid pension assets mean?
The excess value of funds set aside for employee pensions compared to the company's future obligations.