Business Segments · CapEx

Engine — CapEx

Cummins Engine — CapEx remained flat by 0.0% to $129.50M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 6.8%, from $139.00M to $129.50M. 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 2025

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_expenditures

Historical Data

4 years
 FY'22FY'23FY'24FY'25
Value$368.00M$538.00M$556.00M$518.00M
YoY Change+46.2%+3.3%-6.8%
Range$368.00M$556.00M
CAGR+12.1%
Avg YoY Growth+14.2%
Median YoY Growth+3.3%

Frequently Asked Questions

What is Cummins's engine — capex?
Cummins (CMI) reported engine — capex of $129.50M 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 $139.00M to $129.50M.
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 $368.00M to $518.00M.
What does engine — capex mean?
The amount of money the segment spends on long-term assets like factories and machinery.