Skip to content

Cummins CMI Power Systems — CapEx

Other segment segments

Engine
$518M-6.8%
Components
$336M-0.9%
Distribution
$127M+14.4%
Accelera
$32M-45.8%

Similar metrics at other companies

Atmus Filtration Technologies logo
ATMUPower Solutions — CapEx
$11.6M-6.5%
Caterpillar logo
CATPower & Energy — CapEx
$291M+21.3%
Regal Rexnord logo
RRXPower Efficiency Solutions — CapEx
$5.5M+112%
NN logo
NNBRPower Solutions — Segment, Expenditure, Addition to Long-Lived Assets
$202K-76.9%
ProPetro Holding Corp. logo
PUMPPower Generation — Capital expenditures incurred
$71.49M+291%
Dycom Industries logo
DYBuilding Systems — CapEx
$800K

Other financials

Income statement

See full
Revenue$8.4B+2.7%
Gross profit$2.2B+4.1%
Operating income$949.0M-16.3%
Net income$680.0M-20.0%
EPS (diluted)$4.71-21.0%

Balance sheet

See full
Cash & equivalents$2.6B+70.6%
Total debt$8.0B+25.0%
Total equity$12.4B+13.1%
Total assets$34.4B+5.9%

Cash flow

See full
Operating cash flow$309.0M+10,400%
CapEx$189.0M+16.7%
Free cash flow$120.0M+173%

Valuation

See full
Market cap$91.71B+79.6%
Enterprise value$97.13B+69.8%
P/E32.9×+16.3×
P/S2.7×+1.2×

Profitability

See full
Gross margin25.4%+0.1pp
Operating margin11.3%-0.4pp
Net margin8.2%-0.3pp
FCF margin7.9%+7.9pp

Returns & leverage

See full
Return on equity23.9%-5.0pp
Debt / equity0.6×+0.1×
Current ratio1.7×+0.4×

Where this comes from

Reported directly by Cummins in its filing.

Tagged under the XBRL concept us-gaap:SegmentExpenditureAdditionToLongLivedAssets.

The official record: Cummins’s 10-K, filed February 10, 2026, on SEC EDGAR. View the filing →

Ask your AI about Cummins's power systems — capex.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

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?
Captures the funds used by the Power Systems segment to acquire, upgrade, and maintain physical assets such as property, plants, and equipment. This spending is vital for expanding production capacity, improving manufacturing efficiency, and supporting long-term growth. It serves as a leading indicator of the company's investment in its future operational capabilities.