Discontinued — last reported Q4 '25

Business Segments · Goodwill

Power Systems — Goodwill

Cummins Power Systems — Goodwill increased by 2.3% to $45.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 2.3%, from $44.00M to $45.00M.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ4 2025
Rolls up toGoodwill

How to read this metric

High levels indicate significant historical acquisition activity, while changes may signal revaluations or strategic shifts.

Detailed definition

Goodwill represents the excess of the purchase price over the fair value of net identifiable assets acquired in business...

Peer comparison

Standard balance sheet item for companies that grow through M&A.

Metric ID: cmi_segment_power_systems_goodwill

Historical Data

6 periods
 Q4 '21Q3 '22Q4 '22Q4 '23Q4 '24Q4 '25
Value$11.00M$10.00M$11.00M$11.00M$44.00M$45.00M
QoQ Change-9.1%+10.0%+0.0%+300.0%+2.3%
YoY Change+0.0%+0.0%+300.0%+2.3%
Range$10.00M$45.00M
CAGR+208.6%
Avg YoY Growth+75.6%
Median YoY Growth+1.1%
Current Streak4 quarters growth

Frequently Asked Questions

What is Cummins's power systems — goodwill?
Cummins (CMI) reported power systems — goodwill of $45.00M in Q4 2025.
How has Cummins's power systems — goodwill changed year-over-year?
Cummins's power systems — goodwill increased by 2.3% year-over-year, from $44.00M to $45.00M.
What does power systems — goodwill mean?
The intangible value recorded when the segment acquires other businesses for more than their net asset value.