Non-Current Liabilities
Operating Lease Liabilities
Cummins Operating Lease Liabilities decreased by 1.4% to $418.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1.0%, from $414.00M to $418.00M. Over 5 years (FY 2020 to FY 2025), Operating Lease Liabilities shows an upward trend with a 5.5% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ4 2018
Last reportedQ1 2026May 5, 2026
How to read this metric
An increase reflects long-term expansion of the leased asset base, while a decrease indicates a reduction in long-term lease commitments.
Detailed definition
This represents the portion of operating lease obligations that are due beyond the next twelve months. It reflects the l...
Peer comparison
Standard long-term liability for companies with significant real estate or equipment footprints.
Metric ID:
operating_lease_liabilities_non_currentHistorical 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 | $332.00M | $327.00M | $326.00M | $326.00M | $315.00M | $347.00M | $368.00M | $364.00M | $386.00M | $373.00M | $374.00M | $332.00M | $333.00M | $393.00M | $409.00M | $414.00M | $433.00M | $428.00M | $424.00M | $418.00M |
| QoQ Change | — | -1.5% | -0.3% | +0.0% | -3.4% | +10.2% | +6.1% | -1.1% | +6.0% | -3.4% | +0.3% | -11.2% | +0.3% | +18.0% | +4.1% | +1.2% | +4.6% | -1.2% | -0.9% | -1.4% |
| YoY Change | — | — | — | — | -5.1% | +6.1% | +12.9% | +11.7% | +22.5% | +7.5% | +1.6% | -8.8% | -13.7% | +5.4% | +9.4% | +24.7% | +30.0% | +8.9% | +3.7% | +1.0% |
Range$315.00M – $433.00M
CAGR+5.0%
Avg YoY Growth+7.4%
Median YoY Growth+6.8%
Current Streak3 quarters decline
Operating Lease Liabilities at Other Companies
Frequently Asked Questions
- What is Cummins's operating lease liabilities?
- Cummins (CMI) reported operating lease liabilities of $418.00M in Q1 2026.
- How has Cummins's operating lease liabilities changed year-over-year?
- Cummins's operating lease liabilities increased by 1.0% year-over-year, from $414.00M to $418.00M.
- What is the long-term trend for Cummins's operating lease liabilities?
- Over 5 years (2020 to 2025), Cummins's operating lease liabilities has grown at a 5.5% compound annual growth rate (CAGR), from $325.00M to $424.00M.
- What does operating lease liabilities mean?
- The amount of lease payments due after one year.