Cummins annual debt-to-assets ratio
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2024
2025
Cummins Debt-to-Assets Ratio Growth & History (CMI)
Cummins's debt-to-assets ratio was 0.22 for fiscal 2025.
View full Cummins company overviewCummins annual debt-to-assets ratio history
| Fiscal year | Period ended | Debt-to-assets ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.22 | 0.03 | +15.51% |
| 2024 | 2024-12-31 | 0.19 | 0.02 | +11.77% |
| 2023 | 2023-12-31 | 0.17 | −0.01 | −7.69% |
| 2022 | 2022-12-31 | 0.18 | 0.01 | +6.54% |
| 2021 | 2021-12-31 | 0.17 | −0.01 | −5.34% |
| 2020 | 2020-12-31 | 0.18 | 0.08 | +70.71% |
| 2019 | 2019-12-31 | 0.11 | 0.02 | +23.99% |
| 2018 | 2018-12-31 | 0.09 | −0.01 | −5.69% |
| 2017 | 2017-12-31 | 0.09 | −0.02 | −14.46% |
| 2016 | 2016-12-31 | 0.11 | 0.00 | +0.07% |
| 2015 | 2015-12-31 | 0.11 | 0.01 | +5.14% |
| 2014 | 2014-12-31 | 0.10 | −0.02 | −13.24% |
| 2013 | 2013-12-31 | 0.12 | 0.06 | +93.41% |
| 2012 | 2012-12-31 | 0.06 | −0.00 | −6.52% |
| 2011 | 2011-12-31 | 0.06 | −0.01 | −11.55% |
| 2010 | 2010-12-31 | 0.07 | −0.00 | −3.30% |
| 2009 | 2009-12-31 | 0.08 | −0.00 | −3.51% |
| 2008 | 2008-12-31 | 0.08 | — | — |
Cummins quarterly debt-to-assets ratio
Q4.08
Q2.09
Q3.09
Q4.09
Q1.10
Q2.10
Q3.10
Q4.10
Q1.11
Q2.11
Q3.11
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Q1.12
Q2.12
Q3.12
Q4.12
Q1.13
Q2.13
Q3.13
Q4.13
Q1.14
Q2.14
Q3.14
Q4.14
Q1.15
Q2.15
Q3.15
Q4.15
Q1.16
Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
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Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-assets ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.21 | −0.02 | −10.05% |
| Q1 2026 | 2026-03-31 | 0.22 | 0.03 | +17.03% |
| Q4 2025 | 2025-12-31 | 0.22 | 0.03 | +15.51% |
| Q3 2025 | 2025-09-30 | 0.22 | 0.04 | +18.62% |
| Q2 2025 | 2025-06-30 | 0.23 | 0.04 | +20.67% |
| Q1 2025 | 2025-03-31 | 0.18 | −0.01 | −7.42% |
| Q4 2024 | 2024-12-31 | 0.19 | 0.02 | +11.77% |
| Q3 2024 | 2024-09-30 | 0.19 | 0.00 | +0.26% |
| Q2 2024 | 2024-06-30 | 0.19 | −0.00 | −0.77% |
| Q1 2024 | 2024-03-31 | 0.20 | 0.03 | +14.46% |
| Q4 2023 | 2023-12-31 | 0.17 | −0.01 | −7.69% |
| Q3 2023 | 2023-09-30 | 0.19 | −0.01 | −6.46% |
| Q2 2023 | 2023-06-30 | 0.19 | 0.03 | +19.56% |
| Q1 2023 | 2023-03-31 | 0.17 | 0.01 | +4.41% |
| Q4 2022 | 2022-12-31 | 0.18 | 0.01 | +6.54% |
| Q3 2022 | 2022-09-30 | 0.20 | 0.02 | +12.66% |
| Q2 2022 | 2022-06-30 | 0.16 | −0.02 | −10.92% |
| Q1 2022 | 2022-03-31 | 0.17 | −0.01 | −7.68% |
| Q4 2021 | 2021-12-31 | 0.17 | −0.01 | −5.34% |
| Q3 2021 | 2021-10-03 | 0.18 | −0.01 | −6.73% |
| Q2 2021 | 2021-07-04 | 0.18 | 0.08 | +70.51% |
| Q1 2021 | 2021-04-04 | 0.18 | 0.08 | +72.99% |
| Q4 2020 | 2020-12-31 | 0.18 | 0.08 | +70.71% |
| Q3 2020 | 2020-09-27 | 0.19 | 0.09 | +84.03% |
| Q2 2020 | 2020-06-28 | 0.11 | 0.00 | +2.72% |
| Q1 2020 | 2020-03-29 | 0.10 | 0.00 | +0.19% |
| Q4 2019 | 2019-12-31 | 0.11 | 0.02 | +23.99% |
| Q3 2019 | 2019-09-29 | 0.10 | 0.02 | +22.97% |
| Q2 2019 | 2019-06-30 | 0.10 | 0.02 | +23.12% |
| Q1 2019 | 2019-03-31 | 0.10 | 0.02 | +17.78% |
| Q4 2018 | 2018-12-31 | 0.09 | −0.01 | −5.69% |
| Q3 2018 | 2018-09-30 | 0.08 | −0.01 | −9.39% |
| Q2 2018 | 2018-07-01 | 0.08 | −0.01 | −14.25% |
| Q1 2018 | 2018-04-01 | 0.09 | −0.02 | −14.73% |
| Q4 2017 | 2017-12-31 | 0.09 | −0.02 | −14.46% |
| Q3 2017 | 2017-10-01 | 0.09 | −0.01 | −13.34% |
| Q2 2017 | 2017-07-02 | 0.10 | −0.01 | −10.03% |
| Q1 2017 | 2017-04-02 | 0.10 | −0.01 | −7.44% |
| Q4 2016 | 2016-12-31 | 0.11 | 0.00 | +0.07% |
| Q3 2016 | 2016-10-02 | 0.11 | 0.00 | +4.50% |
| Q2 2016 | 2016-07-03 | 0.11 | 0.01 | +8.67% |
| Q1 2016 | 2016-04-03 | 0.11 | 0.01 | +7.95% |
| Q4 2015 | 2015-12-31 | 0.11 | 0.01 | +5.14% |
| Q3 2015 | 2015-09-27 | 0.10 | −0.00 | −0.05% |
| Q2 2015 | 2015-06-28 | 0.10 | −0.01 | −5.50% |
| Q1 2015 | 2015-03-29 | 0.10 | −0.01 | −8.17% |
| Q4 2014 | 2014-12-31 | 0.10 | −0.02 | −13.24% |
| Q3 2014 | 2014-09-28 | 0.10 | −0.02 | −16.97% |
| Q2 2014 | 2014-06-29 | 0.11 | 0.05 | +75.33% |
| Q1 2014 | 2014-03-30 | 0.11 | 0.05 | +82.69% |
| Q4 2013 | 2013-12-31 | 0.12 | 0.06 | +93.41% |
| Q3 2013 | 2013-09-29 | 0.12 | 0.06 | +106.11% |
| Q2 2013 | 2013-06-30 | 0.06 | 0.00 | +0.99% |
| Q1 2013 | 2013-03-31 | 0.06 | 0.00 | +0.74% |
| Q4 2012 | 2012-12-31 | 0.06 | −0.00 | −6.52% |
| Q3 2012 | 2012-09-30 | 0.06 | −0.00 | −4.31% |
| Q2 2012 | 2012-07-01 | 0.06 | −0.01 | −10.09% |
| Q1 2012 | 2012-04-01 | 0.06 | −0.01 | −14.03% |
| Q4 2011 | 2011-12-31 | 0.06 | −0.01 | −11.55% |
| Q3 2011 | 2011-09-25 | 0.06 | −0.02 | −27.22% |
| Q2 2011 | 2011-06-26 | 0.07 | −0.02 | −20.37% |
| Q1 2011 | 2011-03-27 | 0.07 | −0.01 | −14.69% |
| Q4 2010 | 2010-12-31 | 0.07 | −0.00 | −3.30% |
| Q3 2010 | 2010-09-26 | 0.09 | 0.01 | +16.25% |
| Q2 2010 | 2010-06-27 | 0.08 | 0.01 | +11.18% |
| Q1 2010 | 2010-03-28 | 0.08 | — | — |
| Q4 2009 | 2009-12-31 | 0.08 | −0.00 | −3.51% |
| Q3 2009 | 2009-09-27 | 0.07 | — | — |
| Q2 2009 | 2009-06-28 | 0.08 | — | — |
| Q4 2008 | 2008-12-31 | 0.08 | — | — |
Cummins debt-to-assets ratio trends
Over the last five fiscal years, Cummins's debt-to-assets ratio increased from 0.18 to 0.22, a change of 0.04. The latest reported quarter, Q2 2026, shows 0.21.
About the metric
What the debt-to-assets ratio means
The debt-to-assets ratio shows the portion of a company’s reported assets financed with interest-bearing debt. It is a leverage measure and should not be confused with total liabilities divided by assets.
Calculation and source
How debt-to-assets is calculated
TickerStat calculates debt-to-assets as total interest-bearing debt divided by total assets at the same reporting-period end. Periods with missing debt or non-positive assets are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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