Discontinued — last reported Q3 '25

Non-Current Liabilities

Finance Lease Liabilities

Cummins Finance Lease Liabilities increased by 3.1% to $135.00M in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 8.9%, from $124.00M to $135.00M. Over 4 years (FY 2020 to FY 2024), Finance Lease Liabilities shows an upward trend with a 8.3% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ4 2019
Last reportedQ3 2025

How to read this metric

Higher levels increase the company's long-term leverage and fixed-cost base, while lower levels indicate a more equity-funded or asset-light approach.

Detailed definition

The long-term portion of obligations for leases that are classified as financing arrangements, typically involving the e...

Peer comparison

Analyzed alongside long-term debt to determine the total contractual leverage and solvency risk of the business.

Metric ID: finance_lease_liabilities

Historical Data

18 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25
Value$89.00M$89.00M$89.00M$87.00M$83.00M$109.00M$113.00M$111.00M$111.00M$100.00M$111.00M$122.00M$123.00M$124.00M$125.00M$127.00M$131.00M$135.00M
QoQ Change+0.0%+0.0%-2.2%-4.6%+31.3%+3.7%-1.8%+0.0%-9.9%+11.0%+9.9%+0.8%+0.8%+0.8%+1.6%+3.1%+3.1%
YoY Change-6.7%+22.5%+27.0%+27.6%+33.7%-8.3%-1.8%+9.9%+10.8%+24.0%+12.6%+4.1%+6.5%+8.9%
Range$83.00M$135.00M
CAGR+10.3%
Avg YoY Growth+12.2%
Median YoY Growth+10.4%
Current Streak8 quarters growth

Frequently Asked Questions

What is Cummins's finance lease liabilities?
Cummins (CMI) reported finance lease liabilities of $135.00M in Q3 2025.
How has Cummins's finance lease liabilities changed year-over-year?
Cummins's finance lease liabilities increased by 8.9% year-over-year, from $124.00M to $135.00M.
What is the long-term trend for Cummins's finance lease liabilities?
Over 4 years (2020 to 2024), Cummins's finance lease liabilities has grown at a 8.3% compound annual growth rate (CAGR), from $91.00M to $125.00M.
What does finance lease liabilities mean?
Long-term debt owed for assets the company is buying through a lease-to-own arrangement.