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Non-Current Assets

Investments

Cummins Investments increased by 4.1% to $2.22B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 11.6%, from $1.99B to $2.22B. Over 5 years (FY 2020 to FY 2025), Investments shows an upward trend with a 8.2% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ4 2013
Last reportedQ1 2026May 5, 2026

How to read this metric

An increase indicates strategic expansion through partnerships, while a decrease may signal divestment or the impairment of partner performance.

Detailed definition

This represents the carrying value of equity investments in joint ventures, unconsolidated subsidiaries, or other strate...

Peer comparison

Common in industrial sectors where joint ventures are used to enter new markets or share R&D costs.

Metric ID: non_current_assets_investments_in_affiliates_subsidiarie_2849e6

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$1.49B$1.54B$1.54B$1.59B$1.54B$1.83B$1.76B$1.86B$1.86B$1.79B$1.8B$1.77B$1.83B$1.92B$1.89B$1.99B$2.02B$1.97B$2.13B$2.22B
QoQ Change+3.3%-0.3%+3.5%-3.0%+18.3%-3.7%+5.7%+0.1%-4.1%+0.8%-1.4%+3.0%+5.1%-1.7%+5.3%+1.4%-2.3%+8.2%+4.1%
YoY Change+3.3%+18.3%+14.4%+16.8%+20.5%-2.2%+2.3%-4.6%-1.8%+7.7%+4.9%+12.2%+10.4%+2.6%+12.9%+11.6%
Range$1.49B$2.22B
CAGR+8.7%
Avg YoY Growth+8.1%
Median YoY Growth+9.0%
Current Streak2 quarters growth

Business Segments

View all
SegmentQ4 '21Q4 '22Q4 '23Q4 '24Q4 '25
Engine$771M$617M$660M$653M$697M
Components$254M$617M$582M$504M$494M
Distribution$329M$352M$396M$394M$409M
Accelera$25M$187M$359M
Power Systems$164M$138M$132M$145M$168M
Total$1.54B$1.76B$1.8B$1.89B$2.13B

Frequently Asked Questions

What is Cummins's investments?
Cummins (CMI) reported investments of $2.22B in Q1 2026.
How has Cummins's investments changed year-over-year?
Cummins's investments increased by 11.6% year-over-year, from $1.99B to $2.22B.
What is the long-term trend for Cummins's investments?
Over 5 years (2020 to 2025), Cummins's investments has grown at a 8.2% compound annual growth rate (CAGR), from $1.44B to $2.13B.
What does investments mean?
The value of the company's long-term ownership stakes in other businesses or joint ventures.