Current Liabilities
Operating Lease Liabilities (Current)
Cummins Operating Lease Liabilities (Current) decreased by 1.4% to $136M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.3%, from $133M to $136M. Over 5 years (FY 2020 to FY 2025), Operating Lease Liabilities (Current) shows relatively stable performance with a 1.5% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLiquidity
SignalLower is better
VolatilityStable
First reportedQ4 2018
Last reportedQ1 2026May 5, 2026
How to read this metric
An increase indicates higher near-term cash outflows required to maintain leased assets, impacting short-term liquidity.
Detailed definition
This represents the portion of total operating lease obligations that are due to be paid within the next twelve months....
Peer comparison
This is a standard current liability for companies with significant leased infrastructure and equipment.
Metric ID:
operating_lease_liabilities_currentHistorical Data
20 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 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $128M | $127M | $128M | $127M | $120M | $126M | $132M | $133M | $135M | $133M | $138M | $129M | $131M | $133M | $130M | $133M | $140M | $140M | $138M | $136M |
| QoQ Change | — | -0.8% | +0.8% | -0.8% | -5.5% | +5.0% | +4.8% | +0.8% | +1.5% | -1.5% | +3.8% | -6.5% | +1.6% | +1.5% | -2.3% | +2.3% | +5.3% | +0.0% | -1.4% | -1.4% |
| YoY Change | — | — | — | — | -6.3% | -0.8% | +3.1% | +4.7% | +12.5% | +5.6% | +4.5% | -3.0% | -3.0% | +0.0% | -5.8% | +3.1% | +6.9% | +5.3% | +6.2% | +2.3% |
Range$120M – $140M
CAGR+1.3%
Avg YoY Growth+2.2%
Median YoY Growth+3.1%
Current Streak2 quarters decline
Operating Lease Liabilities (Current) at Other Companies
Frequently Asked Questions
- What is Cummins's operating lease liabilities (current)?
- Cummins (CMI) reported operating lease liabilities (current) of $136M in Q1 2026.
- How has Cummins's operating lease liabilities (current) changed year-over-year?
- Cummins's operating lease liabilities (current) increased by 2.3% year-over-year, from $133M to $136M.
- What is the long-term trend for Cummins's operating lease liabilities (current)?
- Over 5 years (2020 to 2025), Cummins's operating lease liabilities (current) has grown at a 1.5% compound annual growth rate (CAGR), from $128M to $138M.
- What does operating lease liabilities (current) mean?
- The amount of rent or lease payments due within the next year.