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Cummins CMI Noncontrolling interests in subsidiaries

Noncontrolling interests in subsidiaries at other companies

BorgWarner logo
BorgWarnerBWA
$177M+21.2%
Generac Holdings logo
Generac HoldingsGNRC
$6K-99.8%
Kirby Corporation logo
Kirby CorporationKEX
$2.48M+36.2%
TransDigm Group logo
TransDigm GroupTDG
$8M+14.3%
Rush Enterprises logo
Rush EnterprisesRUSHB
EnerSys logo
EnerSysENS

Other financials

Income statement

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Revenue$9.5B+9.4%
Gross profit$2.5B+8.1%
Operating income$1.3B+4.3%
Net income$932.0M+0.4%
EPS (diluted)$6.73+4.7%

Balance sheet

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Cash & equivalents$3.2B+37.1%
Total debt$7.2B-15.0%
Total equity$12.8B+9.0%
Total assets$35.6B+4.0%

Cash flow

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Operating cash flow$1.5B+91.0%
CapEx$249.0M+7.8%
Free cash flow$1.3B+126%

Valuation

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Market cap$88.69B+66.3%
Enterprise value$92.71B+55.9%
P/E31.8×+14.4×
P/S2.6×+1.0×

Profitability

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Gross margin25.3%-0.3pp
Operating margin11.2%-1.1pp
Net margin8%-1.1pp
FCF margin9.7%+4.8pp

Returns & leverage

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Return on equity22.7%-6.1pp
Debt / equity0.6×-0.2×
Current ratio1.7×+0.1×

Where this comes from

Reported directly by Cummins in its filing.

Tagged under the XBRL concept us-gaap:MinorityInterest.

The source filing: Cummins’s 8-K, filed August 4, 2026. Open the filing →

Filed
Aug 4, 2026, 7:58 AM EDT
Accession
0000026172-26-000026

FAQ

What is Cummins's noncontrolling interests in subsidiaries?
Cummins (CMI) reported noncontrolling interests in subsidiaries of $1.06B in Q2 2026.
How has Cummins's noncontrolling interests in subsidiaries changed year-over-year?
Cummins's noncontrolling interests in subsidiaries decreased by 2.3% year-over-year, from $1.08B to $1.06B.
What is the long-term trend for Cummins's noncontrolling interests in subsidiaries?
Over 5 years (2020 to 2025), Cummins's noncontrolling interests in subsidiaries has grown at a 2.7% compound annual growth rate (CAGR), from $927M to $1.06B.
What does noncontrolling interests in subsidiaries mean?
This represents the portion of a subsidiary's net assets that is owned by outside shareholders rather than the parent company. It is reported within equity to show the total value of the subsidiary's assets and liabilities that are not attributable to the parent. It reflects the non-controlling stake in consolidated entities.

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