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Current Assets

Cash & Equivalents

Cummins Cash & Equivalents decreased by 8.1% to $2.61B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 70.6%, from $1.53B to $2.61B. Over 5 years (FY 2020 to FY 2025), Cash & Equivalents shows a downward trend with a -3.5% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalHigher is better
VolatilityVolatile
First reportedQ4 2012
Last reportedQ1 2026May 5, 2026

How to read this metric

Higher levels provide a buffer against operational volatility and funding for strategic investments, while lower levels may indicate liquidity constraints.

Detailed definition

The most liquid assets held by the company, including physical currency, bank deposits, and short-term investments with...

Peer comparison

Varies based on industry cyclicality and capital expenditure requirements.

Metric ID: cash_and_equivalents

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$2.48B$2.59B$2.59B$2.28B$2.46B$2.5B$2.1B$1.98B$1.8B$2.61B$2.18B$2.54B$1.59B$1.73B$1.67B$1.53B$2.32B$2.57B$2.85B$2.61B
QoQ Change+4.3%+0.2%-12.2%+8.2%+1.5%-15.9%-5.8%-9.0%+45.0%-16.6%+16.6%-37.4%+9.0%-3.6%-8.3%+51.4%+10.7%+10.9%-8.1%
YoY Change-0.8%-3.4%-18.9%-13.0%-26.8%+4.5%+3.7%+28.3%-11.8%-33.7%-23.3%-39.7%+45.8%+48.1%+70.3%+70.6%
Range$1.53B$2.85B
CAGR+1.1%
Avg YoY Growth+6.2%
Median YoY Growth-2.1%

Frequently Asked Questions

What is Cummins's cash & equivalents?
Cummins (CMI) reported cash & equivalents of $2.61B in Q1 2026.
How has Cummins's cash & equivalents changed year-over-year?
Cummins's cash & equivalents increased by 70.6% year-over-year, from $1.53B to $2.61B.
What is the long-term trend for Cummins's cash & equivalents?
Over 5 years (2020 to 2025), Cummins's cash & equivalents has grown at a -3.5% compound annual growth rate (CAGR), from $3.4B to $2.85B.
What does cash & equivalents mean?
Cash and highly liquid investments that can be converted to cash within 90 days.