Goodwill
Cummins Goodwill decreased by 0.2% to $2.22B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 7.4%, from $2.4B to $2.22B. Over 5 years (FY 2020 to FY 2025), Goodwill shows an upward trend with a 11.5% CAGR.
Analysis
How to read this metric
An increase reflects recent M&A activity, while a decrease often signals an impairment charge due to underperforming acquisitions.
Detailed definition
Goodwill represents the premium paid over the fair market value of net identifiable assets during business acquisitions....
Peer comparison
High levels are common in companies that grow aggressively through acquisition; low levels suggest organic growth strategies.
goodwillHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.29B | $1.29B | $1.29B | $1.29B | $1.39B | $2.23B | $2.34B | $2.37B | $2.4B | $2.38B | $2.5B | $2.41B | $2.39B | $2.41B | $2.37B | $2.4B | $2.43B | $2.22B | $2.22B | $2.22B |
| QoQ Change | — | -0.2% | -0.2% | -0.1% | +8.2% | +60.2% | +5.1% | +0.9% | +1.6% | -1.0% | +5.0% | -3.7% | -0.5% | +0.8% | -1.7% | +1.1% | +1.5% | -8.7% | +0.1% | -0.2% |
| YoY Change | — | — | — | — | +7.7% | +72.9% | +82.1% | +83.9% | +72.8% | +6.7% | +6.7% | +1.7% | -0.4% | +1.4% | -5.2% | -0.4% | +1.6% | -7.9% | -6.2% | -7.4% |
Business Segments
| Segment | Q4 '21 | Q3 '22 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 |
|---|---|---|---|---|---|---|
| Components | $934M | $759M | $1.75B | $1.88B | $1.72B | $1.77B |
| Accelera | — | — | — | $496M | $494M | $288M |
| Distribution | $79M | $79M | $79M | $83M | $83M | $83M |
| Power Systems | $11M | $10M | $11M | $11M | $44M | $45M |
| Engine | $6M | $6M | $6M | $25M | $25M | $34M |
| Total | $1.29B | $2.23B | $2.34B | $2.5B | $2.37B | $2.22B |
Components, Distribution, Engine, Power Systems were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Goodwill at Other Companies
Frequently Asked Questions
- What is Cummins's goodwill?
- Cummins (CMI) reported goodwill of $2.22B in Q1 2026.
- How has Cummins's goodwill changed year-over-year?
- Cummins's goodwill decreased by 7.4% year-over-year, from $2.4B to $2.22B.
- What is the long-term trend for Cummins's goodwill?
- Over 5 years (2020 to 2025), Cummins's goodwill has grown at a 11.5% compound annual growth rate (CAGR), from $1.29B to $2.22B.
- What does goodwill mean?
- The value of intangible assets like brand and synergy acquired when purchasing another company.