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Cummins CMI Noncontrolling interests in subsidiaries

Noncontrolling interests in subsidiaries at other companies

Wabtec logo
WabtecWAB
$48M+4.3%
Rush Enterprises logo
Rush EnterprisesRUSHB
$22.84M+10.6%
Caterpillar logo
CaterpillarCAT
BorgWarner logo
BorgWarnerBWA
Generac Holdings logo
Generac HoldingsGNRC
Kirby Corporation logo
Kirby CorporationKEX

Other financials

Income statement

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Revenue$8.4B+2.7%
Gross profit$2.2B+4.1%
Operating income$949.0M-16.3%
Net income$680.0M-20.0%
EPS (diluted)$4.71-21.0%

Balance sheet

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Cash & equivalents$2.6B+70.6%
Total debt$8.0B+25.0%
Total equity$12.4B+13.1%
Total assets$34.4B+5.9%

Cash flow

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Operating cash flow$309.0M+10,400%
CapEx$189.0M+16.7%
Free cash flow$120.0M+173%

Valuation

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Market cap$98.92B+72.5%
Enterprise value$104.33B+66.2%
P/E35.5×+15.6×
P/S2.9×+1.2×

Profitability

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Gross margin25.4%+0.1pp
Operating margin11.3%-0.4pp
Net margin8.2%-0.3pp
FCF margin7.9%+7.9pp

Returns & leverage

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Return on equity23.9%-5.0pp
Debt / equity0.6×+0.1×
Current ratio1.7×+0.4×

Where this comes from

Reported directly by Cummins in its filing.

Tagged under the XBRL concept us-gaap:MinorityInterest.

The official record: Cummins’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Cummins's noncontrolling interests in subsidiaries?
Cummins (CMI) reported noncontrolling interests in subsidiaries of $1.02B in Q1 2026.
How has Cummins's noncontrolling interests in subsidiaries changed year-over-year?
Cummins's noncontrolling interests in subsidiaries decreased by 2.5% year-over-year, from $1.05B to $1.02B.
What is the long-term trend for Cummins's noncontrolling interests in subsidiaries?
Over 5 years (2020 to 2025), Cummins's noncontrolling interests in subsidiaries has grown at a 2.7% compound annual growth rate (CAGR), from $927M to $1.06B.
What does noncontrolling interests in subsidiaries mean?
This represents the portion of a subsidiary's net assets that is owned by outside shareholders rather than the parent company. It is reported within equity to show the total value of the subsidiary's assets and liabilities that are not attributable to the parent. It reflects the non-controlling stake in consolidated entities.