Business Segments · CapEx
Power Systems — CapEx
Cummins Power Systems — CapEx remained flat by 0.0% to $55.5M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 55.2%, from $35.75M to $55.5M. Over 3 years (FY 2022 to FY 2025), Power Systems — CapEx shows an upward trend with a 32.2% 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 capital expenditures indicate investment in future growth and modernization, while lower levels may suggest a focus on cash preservation.
Detailed definition
Captures the funds used by the Power Systems segment to acquire, upgrade, and maintain physical assets such as property,...
Peer comparison
Comparable to CapEx reported in segment-level financial data for industrial manufacturing peers.
Metric ID:
cmi_segment_power_systems_capital_expendituresHistorical Data
4 years
| FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|
| Value | $96M | $115M | $143M | $222M |
| YoY Change | — | +19.8% | +24.3% | +55.2% |
Range$96M – $222M
CAGR+32.2%
Avg YoY Growth+33.1%
Median YoY Growth+24.3%
Current Streak3+ years growth
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Frequently Asked Questions
- What is Cummins's power systems — capex?
- Cummins (CMI) reported power systems — capex of $55.5M in Q4 2025.
- How has Cummins's power systems — capex changed year-over-year?
- Cummins's power systems — capex increased by 55.2% year-over-year, from $35.75M to $55.5M.
- What is the long-term trend for Cummins's power systems — capex?
- Over 3 years (2022 to 2025), Cummins's power systems — capex has grown at a 32.2% compound annual growth rate (CAGR), from $96M to $222M.
- What does power systems — capex mean?
- The amount of money the segment spends on physical assets like machinery and facilities.