Business Segments · Goodwill

Electrified Power — Goodwill

Cummins Electrified Power — Goodwill decreased by 0.2% to $2.22B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 7.4%, from $2.40B to $2.22B. Over 5 years (FY 2020 to FY 2025), Electrified Power — Goodwill shows an upward trend with a 11.5% CAGR.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026
Rolls up toGoodwill

How to read this metric

A high balance indicates significant past investment in growth through acquisitions, while a sudden decrease may signal impairment.

Detailed definition

This metric represents the total carrying value of goodwill associated with the Electrified Power segment, reflecting th...

Peer comparison

Standard intangible asset reporting for segments that have grown through M&A.

Metric ID: cmi_segment_electrified_power_goodwill

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$1.29B$1.29B$1.29B$1.29B$1.39B$2.23B$2.34B$2.37B$2.40B$2.38B$2.50B$2.41B$2.39B$2.41B$2.37B$2.40B$2.43B$2.22B$2.22B$2.22B
QoQ Change-0.2%-0.2%-0.1%+8.2%+60.2%+5.1%+0.9%+1.6%-1.0%+5.0%-3.7%-0.5%+0.8%-1.7%+1.1%+1.5%-8.7%+0.1%-0.2%
YoY Change+7.7%+72.9%+82.1%+83.9%+72.8%+6.7%+6.7%+1.7%-0.4%+1.4%-5.2%-0.4%+1.6%-7.9%-6.2%-7.4%
Range$1.29B$2.50B
CAGR+12.1%
Avg YoY Growth+19.4%
Median YoY Growth+1.7%

Frequently Asked Questions

What is Cummins's electrified power — goodwill?
Cummins (CMI) reported electrified power — goodwill of $2.22B in Q1 2026.
How has Cummins's electrified power — goodwill changed year-over-year?
Cummins's electrified power — goodwill decreased by 7.4% year-over-year, from $2.40B to $2.22B.
What is the long-term trend for Cummins's electrified power — goodwill?
Over 5 years (2020 to 2025), Cummins's electrified power — goodwill has grown at a 11.5% compound annual growth rate (CAGR), from $1.29B to $2.22B.
What does electrified power — goodwill mean?
The total accumulated goodwill value assigned to the Electrified Power segment from past acquisitions.