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Current Liabilities

Total Current Liabilities

Cummins Total Current Liabilities increased by 5.8% to $10.17B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 12.2%, from $11.58B to $10.17B. Over 5 years (FY 2020 to FY 2025), Total Current Liabilities shows an upward trend with a 8.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLiquidity
SignalLower is better
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026May 5, 2026

How to read this metric

A rising trend relative to current assets may signal liquidity pressure, while a stable or declining trend relative to assets suggests strong short-term financial health.

Detailed definition

This is the aggregate of all financial obligations that the company is required to settle within one year. It serves as...

Peer comparison

A fundamental liquidity metric used to compare financial health across all public companies.

Metric ID: total_current_liabilities

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$6.6B$6.86B$7.08B$7.51B$7.67B$10.53B$11.42B$11.92B$11.05B$11.13B$12.9B$11.69B$11.14B$11.6B$11.23B$11.58B$10.32B$9.45B$9.61B$10.17B
QoQ Change+3.9%+3.3%+6.0%+2.1%+37.3%+8.5%+4.4%-7.4%+0.7%+16.0%-9.4%-4.6%+4.1%-3.2%+3.0%-10.9%-8.3%+1.7%+5.8%
YoY Change+16.2%+53.5%+61.2%+58.7%+44.0%+5.7%+13.0%-2.0%+0.9%+4.3%-12.9%-0.9%-7.4%-18.5%-14.5%-12.2%
Range$6.6B$12.9B
CAGR+9.5%
Avg YoY Growth+11.8%
Median YoY Growth+2.6%
Current Streak2 quarters growth

Frequently Asked Questions

What is Cummins's total current liabilities?
Cummins (CMI) reported total current liabilities of $10.17B in Q1 2026.
How has Cummins's total current liabilities changed year-over-year?
Cummins's total current liabilities decreased by 12.2% year-over-year, from $11.58B to $10.17B.
What is the long-term trend for Cummins's total current liabilities?
Over 5 years (2020 to 2025), Cummins's total current liabilities has grown at a 8.7% compound annual growth rate (CAGR), from $6.34B to $9.61B.
What does total current liabilities mean?
The total amount of all debts and obligations the company must pay within one year.