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Current Assets

Inventories

Cummins Inventories increased by 5.2% to $6.13B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 0.0%, from $6.12B to $6.13B. Over 5 years (FY 2020 to FY 2025), Inventories shows an upward trend with a 11.2% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026May 5, 2026

How to read this metric

Rising inventory relative to sales can signal slowing demand or overproduction, while declining inventory may indicate supply chain constraints or strong sales.

Detailed definition

The aggregate value of raw materials, work-in-progress, and finished goods held by the company for production or sale. T...

Peer comparison

Crucial for manufacturing peers; benchmarked against inventory turnover ratios.

Metric ID: inventories

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$4.08B$4.32B$4.36B$4.59B$4.77B$5.54B$5.6B$5.88B$6.03B$5.91B$5.68B$5.76B$5.86B$6.13B$5.74B$6.12B$6.29B$6.26B$5.82B$6.13B
QoQ Change+6.0%+0.8%+5.3%+3.9%+16.3%+1.1%+4.9%+2.5%-2.0%-3.9%+1.4%+1.7%+4.7%-6.4%+6.6%+2.7%-0.5%-6.9%+5.2%
YoY Change+16.9%+28.3%+28.7%+28.2%+26.5%+6.5%+1.3%-2.0%-2.8%+3.9%+1.1%+6.3%+7.3%+2.0%+1.4%+0.0%
Range$4.08B$6.29B
CAGR+9.0%
Avg YoY Growth+9.6%
Median YoY Growth+5.1%

Frequently Asked Questions

What is Cummins's inventories?
Cummins (CMI) reported inventories of $6.13B in Q1 2026.
How has Cummins's inventories changed year-over-year?
Cummins's inventories increased by 0.0% year-over-year, from $6.12B to $6.13B.
What is the long-term trend for Cummins's inventories?
Over 5 years (2020 to 2025), Cummins's inventories has grown at a 11.2% compound annual growth rate (CAGR), from $3.43B to $5.82B.
What does inventories mean?
The value of all goods the company has in stock or in production.