Discontinued — last reported Q3 '19

Non-Current Liabilities

Operating Lease Liabilities

Cummins Operating Lease Liabilities decreased by 1.2% to $428.00M in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 8.9%, from $393.00M to $428.00M. Over 4 years (FY 2020 to FY 2024), Operating Lease Liabilities shows an upward trend with a 5.9% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ1 2019
Last reportedQ3 2019

How to read this metric

An increase reflects long-term expansion of the leased asset base, while a decrease indicates a reduction in long-term lease commitments.

Detailed definition

This represents the portion of operating lease obligations that are due beyond the next twelve months. It reflects the l...

Peer comparison

Standard long-term liability for companies with significant real estate or equipment footprints.

Metric ID: operating_lease_liabilities_non_current

Historical Data

18 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25
Value$332.00M$327.00M$326.00M$326.00M$315.00M$347.00M$368.00M$364.00M$386.00M$373.00M$374.00M$332.00M$333.00M$393.00M$409.00M$414.00M$433.00M$428.00M
QoQ Change-1.5%-0.3%+0.0%-3.4%+10.2%+6.1%-1.1%+6.0%-3.4%+0.3%-11.2%+0.3%+18.0%+4.1%+1.2%+4.6%-1.2%
YoY Change-5.1%+6.1%+12.9%+11.7%+22.5%+7.5%+1.6%-8.8%-13.7%+5.4%+9.4%+24.7%+30.0%+8.9%
Range$315.00M$433.00M
CAGR+6.2%
Avg YoY Growth+8.1%
Median YoY Growth+8.2%

Frequently Asked Questions

What is Cummins's operating lease liabilities?
Cummins (CMI) reported operating lease liabilities of $428.00M in Q3 2025.
How has Cummins's operating lease liabilities changed year-over-year?
Cummins's operating lease liabilities increased by 8.9% year-over-year, from $393.00M to $428.00M.
What is the long-term trend for Cummins's operating lease liabilities?
Over 4 years (2020 to 2024), Cummins's operating lease liabilities has grown at a 5.9% compound annual growth rate (CAGR), from $325.00M to $409.00M.
What does operating lease liabilities mean?
The amount of lease payments due after one year.