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Non-Current Assets

PP&E (Net)

Cummins PP&E (Net) decreased by 0.5% to $6.92B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 8.1%, from $6.41B to $6.92B. Over 5 years (FY 2020 to FY 2025), PP&E (Net) shows an upward trend with a 10.3% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026May 5, 2026

How to read this metric

An increase suggests capital expansion or modernization, while a decrease may indicate asset aging, divestiture, or aggressive depreciation.

Detailed definition

This represents the book value of tangible, long-lived assets such as manufacturing facilities, machinery, and equipment...

Peer comparison

Varies significantly based on capital intensity; peers in heavy manufacturing typically maintain high levels of PPE relative to total assets.

Metric ID: property_plant_equipment_net

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$4.17B$4.19B$4.42B$4.38B$4.39B$5.2B$5.52B$5.59B$5.72B$5.8B$6.25B$6.01B$6.05B$6.18B$6.36B$6.41B$6.54B$6.66B$6.96B$6.92B
QoQ Change+0.3%+5.7%-0.9%+0.2%+18.5%+6.2%+1.2%+2.4%+1.4%+7.7%-3.8%+0.7%+2.0%+2.9%+0.8%+2.1%+1.8%+4.5%-0.5%
YoY Change+5.2%+24.3%+24.9%+27.6%+30.4%+11.5%+13.2%+7.5%+5.8%+6.5%+1.7%+6.6%+8.0%+7.8%+9.5%+8.1%
Range$4.17B$6.96B
CAGR+11.2%
Avg YoY Growth+12.4%
Median YoY Growth+8.1%

Frequently Asked Questions

What is Cummins's pp&e (net)?
Cummins (CMI) reported pp&e (net) of $6.92B in Q1 2026.
How has Cummins's pp&e (net) changed year-over-year?
Cummins's pp&e (net) increased by 8.1% year-over-year, from $6.41B to $6.92B.
What is the long-term trend for Cummins's pp&e (net)?
Over 5 years (2020 to 2025), Cummins's pp&e (net) has grown at a 10.3% compound annual growth rate (CAGR), from $4.26B to $6.96B.
What does pp&e (net) mean?
The net value of the company's physical assets like factories and machinery after accounting for wear and tear.