Other

Purchase Obligation

Cummins Purchase Obligation decreased by 29.2% to $34.00M in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 9.7%, from $31.00M to $34.00M. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryLiquidity
SignalLower is better
VolatilityModerate
First reportedQ3 2025
Last reportedQ3 2025

How to read this metric

A high ratio of purchase obligations to total assets may signal higher operational risk and reduced liquidity.

Detailed definition

The aggregate value of all legally binding, non-cancellable purchase obligations for goods or services. This metric prov...

Peer comparison

Standard metric for assessing total contractual liability exposure across all sectors.

Metric ID: other_purchase_obligation

Historical Data

14 periods
 Q2 '21Q3 '21Q1 '22Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25
Value$102.00M$54.00M$64.00M$91.00M$42.00M$38.00M$60.00M$38.00M$64.00M$67.00M$31.00M$41.00M$48.00M$34.00M
QoQ Change-47.1%+18.5%+42.2%-53.8%-9.5%+57.9%-36.7%+68.4%+4.7%-53.7%+32.3%+17.1%-29.2%
YoY Change-10.8%-22.2%-40.6%-34.1%-9.5%+68.4%+11.7%-18.4%-35.9%-28.4%+9.7%
Range$31.00M$102.00M
CAGR-28.7%
Avg YoY Growth-10.0%
Median YoY Growth-18.4%

Frequently Asked Questions

What is Cummins's purchase obligation?
Cummins (CMI) reported purchase obligation of $34.00M in Q3 2025.
How has Cummins's purchase obligation changed year-over-year?
Cummins's purchase obligation increased by 9.7% year-over-year, from $31.00M to $34.00M.
What does purchase obligation mean?
The total value of all contractual purchase obligations.