Business Segments · Goodwill

Power Generation — Goodwill

Cummins Power Generation — 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), Power Generation — Goodwill shows an upward trend with a 11.5% CAGR.

Analysis

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

How to read this metric

A stable or increasing balance reflects historical acquisition activity, while a sudden decrease signals a potential impairment charge due to underperformance.

Detailed definition

This represents the cumulative excess of the purchase price over the fair value of net identifiable assets acquired for...

Peer comparison

Comparable to segment-level goodwill balances reported by peers with active M&A strategies in the industrial sector.

Metric ID: cmi_segment_power_generation_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 power generation — goodwill?
Cummins (CMI) reported power generation — goodwill of $2.22B in Q1 2026.
How has Cummins's power generation — goodwill changed year-over-year?
Cummins's power generation — goodwill decreased by 7.4% year-over-year, from $2.40B to $2.22B.
What is the long-term trend for Cummins's power generation — goodwill?
Over 5 years (2020 to 2025), Cummins's power generation — goodwill has grown at a 11.5% compound annual growth rate (CAGR), from $1.29B to $2.22B.
What does power generation — goodwill mean?
The total value of intangible assets like brand and customer base recorded from past acquisitions in the Power Generation segment.