Business Segments · CapEx
Engine — CapEx
Cummins Engine — CapEx remained flat by 0.0% to $129.5M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 6.8%, from $139M to $129.5M. Over 3 years (FY 2022 to FY 2025), Engine — CapEx shows an upward trend with a 12.1% CAGR.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2022
Last reportedQ4 2025Feb 10, 2026
Rolls up toProperty, plant, and equipment additions
How to read this metric
Higher spending signals confidence in future demand and investment in modernization, while lower spending may indicate a focus on cash preservation.
Detailed definition
This represents the cash spent by the Engine segment to acquire, upgrade, or maintain physical assets such as property,...
Peer comparison
Capital expenditure levels are typically benchmarked against depreciation to determine if the segment is growing or merely maintaining its asset base.
Metric ID:
cmi_segment_engine_capital_expendituresHistorical Data
4 years
| FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|
| Value | $368M | $538M | $556M | $518M |
| YoY Change | — | +46.2% | +3.3% | -6.8% |
Range$368M – $556M
CAGR+12.1%
Avg YoY Growth+14.2%
Median YoY Growth+3.3%
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Frequently Asked Questions
- What is Cummins's engine — capex?
- Cummins (CMI) reported engine — capex of $129.5M in Q4 2025.
- How has Cummins's engine — capex changed year-over-year?
- Cummins's engine — capex decreased by 6.8% year-over-year, from $139M to $129.5M.
- What is the long-term trend for Cummins's engine — capex?
- Over 3 years (2022 to 2025), Cummins's engine — capex has grown at a 12.1% compound annual growth rate (CAGR), from $368M to $518M.
- What does engine — capex mean?
- The amount of money the segment spends on long-term assets like factories and machinery.