Discontinued — last reported Q2 '24

Non-Current Liabilities

Finance Lease Liabilities (Total)

Cummins Finance Lease Liabilities (Total) decreased by 1.5% to $134.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.5%, from $127.00M to $134.00M. Over 5 years (FY 2020 to FY 2025), Finance Lease Liabilities (Total) shows an upward trend with a 8.4% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ4 2022
Last reportedQ2 2024

How to read this metric

An increase indicates a preference for financing asset acquisitions through leasing rather than cash or traditional loans, impacting long-term interest expense.

Detailed definition

The aggregate amount of all current and non-current obligations related to finance leases, representing the total debt-e...

Peer comparison

Investors use this to adjust debt metrics to ensure comparability between firms that buy assets and those that use finance leases.

Metric ID: finance_lease_liabilities_total

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
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$136.00M$134.00M
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%+0.7%-1.5%
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%+8.8%+5.5%
Range$83.00M$136.00M
CAGR+9.0%
Avg YoY Growth+11.6%
Median YoY Growth+9.4%

Frequently Asked Questions

What is Cummins's finance lease liabilities (total)?
Cummins (CMI) reported finance lease liabilities (total) of $134.00M in Q1 2026.
How has Cummins's finance lease liabilities (total) changed year-over-year?
Cummins's finance lease liabilities (total) increased by 5.5% year-over-year, from $127.00M to $134.00M.
What is the long-term trend for Cummins's finance lease liabilities (total)?
Over 5 years (2020 to 2025), Cummins's finance lease liabilities (total) has grown at a 8.4% compound annual growth rate (CAGR), from $91.00M to $136.00M.
What does finance lease liabilities (total) mean?
The total debt the company owes for all its lease-to-own agreements.