What is Cummins's inventory (fifo basis)?

Cummins (CMI) reported inventory (fifo basis) of $6.50B in Q3 2025.

How has Cummins's inventory (fifo basis) changed year-over-year?

Cummins's inventory (fifo basis) increased by 2.2% year-over-year, from $6.36B to $6.50B.

What is the long-term trend for Cummins's inventory (fifo basis)?

Over 4 years (2020 to 2024), Cummins's inventory (fifo basis) has grown at a 13.7% compound annual growth rate (CAGR), from $3.56B to $5.96B.

Discontinued — last reported Q3 '17

Current Assets

Inventory (FIFO Basis)

Cummins Inventory (FIFO Basis) decreased by 0.3% to $6.50B in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 2.2%, from $6.36B to $6.50B. Over 4 years (FY 2020 to FY 2024), Inventory (FIFO Basis) shows an upward trend with a 13.7% CAGR.

Analysis

StatementBalance Sheet Statement

SectionCurrent Assets

First reportedQ4 2015

Last reportedQ3 2017

Metric ID: inventory_fifo_amount

Historical Data

18 periods

	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
Value	$4.24B	$4.49B	$4.55B	$4.80B	$4.98B	$5.77B	$5.84B	$6.11B	$6.27B	$6.16B	$5.93B	$5.98B	$6.08B	$6.36B	$5.96B	$6.34B	$6.52B	$6.50B
QoQ Change	—	+6.0%	+1.2%	+5.5%	+3.9%	+15.9%	+1.2%	+4.5%	+2.7%	-1.8%	-3.7%	+0.9%	+1.7%	+4.5%	-6.2%	+6.3%	+2.9%	-0.3%
YoY Change	—	—	—	—	+17.6%	+28.5%	+28.5%	+27.4%	+25.8%	+6.6%	+1.4%	-2.1%	-3.0%	+3.2%	+0.6%	+6.0%	+7.2%	+2.2%

Range$4.24B – $6.52B

CAGR+10.6%

Avg YoY Growth+10.7%

Median YoY Growth+6.3%

Frequently Asked Questions

What is Cummins's inventory (fifo basis)?: Cummins (CMI) reported inventory (fifo basis) of $6.50B in Q3 2025.
How has Cummins's inventory (fifo basis) changed year-over-year?: Cummins's inventory (fifo basis) increased by 2.2% year-over-year, from $6.36B to $6.50B.
What is the long-term trend for Cummins's inventory (fifo basis)?: Over 4 years (2020 to 2024), Cummins's inventory (fifo basis) has grown at a 13.7% compound annual growth rate (CAGR), from $3.56B to $5.96B.