What is Cummins's D&A?

Cummins (CMI) reported D&A of $282M in Q1 2026.

How has Cummins's D&A changed year-over-year?

Cummins's D&A increased by 4.8% year-over-year, from $269M to $282M.

What is the long-term trend for Cummins's D&A?

Over 4 years (2021 to 2025), Cummins's D&A has grown at a 13.7% compound annual growth rate (CAGR), from $662M to $1.11B.

Total non-cash depreciation of tangible assets and amortization of intangible assets — the largest add-back to net income in the operating cash flow reconciliation.

Cummins CMI D&A

D&A at other companies

CaterpillarCAT

$595M+10.2%

Donaldson CompanyDCI

$24.1M-2.0%

Allison Transmission HoldingsALSN

$57M+104%

Generac HoldingsGNRC

$25.59M+23.9%

Garrett Motion Inc.GTX

$25M+13.6%

HyliionHYLN

$2.11M+84.7%

Segments

By segment

See full

Components$128M+4.9%

Engine$72M+7.5%

Power Systems$36M+9.1%

Distribution$35M+9.4%

Accelera$9M-25.0%

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$100.4B+132%

Enterprise value$105.81B+120%

P/E36×+21.0×

P/S3×+1.7×

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:DepreciationDepletionAndAmortization.

The official record: Cummins’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Cummins's D&A?: Cummins (CMI) reported D&A of $282M in Q1 2026.
How has Cummins's D&A changed year-over-year?: Cummins's D&A increased by 4.8% year-over-year, from $269M to $282M.
What is the long-term trend for Cummins's D&A?: Over 4 years (2021 to 2025), Cummins's D&A has grown at a 13.7% compound annual growth rate (CAGR), from $662M to $1.11B.
What does D&A mean?: Total non-cash depreciation of tangible assets and amortization of intangible assets — the largest add-back to net income in the operating cash flow reconciliation.