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Current Assets

Total Current Assets

Cummins Total Current Assets increased by 2.7% to $17.38B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 11.8%, from $15.54B to $17.38B. Over 5 years (FY 2020 to FY 2025), Total Current Assets shows an upward trend with a 7.3% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026May 5, 2026

How to read this metric

An increase generally supports higher operational activity, while a decrease may limit the company's ability to fund short-term obligations.

Detailed definition

The sum of all assets that are expected to be converted into cash, sold, or consumed within one year or the normal opera...

Peer comparison

Standard metric for assessing short-term solvency and working capital management.

Metric ID: total_current_assets

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$11.93B$12.32B$12.31B$12.6B$12.76B$14.4B$14.45B$15.37B$15.41B$15.91B$15.2B$15.62B$14.96B$15.32B$14.75B$15.54B$16.93B$16.72B$16.93B$17.38B
QoQ Change+3.3%-0.1%+2.3%+1.3%+12.8%+0.4%+6.3%+0.3%+3.3%-4.5%+2.8%-4.2%+2.4%-3.7%+5.3%+9.0%-1.3%+1.2%+2.7%
YoY Change+7.0%+16.9%+17.4%+22.0%+20.7%+10.5%+5.2%+1.6%-2.9%-3.7%-2.9%-0.5%+13.2%+9.2%+14.7%+11.8%
Range$11.93B$17.38B
CAGR+8.2%
Avg YoY Growth+8.8%
Median YoY Growth+9.8%
Current Streak2 quarters growth

Frequently Asked Questions

What is Cummins's total current assets?
Cummins (CMI) reported total current assets of $17.38B in Q1 2026.
How has Cummins's total current assets changed year-over-year?
Cummins's total current assets increased by 11.8% year-over-year, from $15.54B to $17.38B.
What is the long-term trend for Cummins's total current assets?
Over 5 years (2020 to 2025), Cummins's total current assets has grown at a 7.3% compound annual growth rate (CAGR), from $11.9B to $16.93B.
What does total current assets mean?
The total value of all assets the company expects to turn into cash within one year.