Cummins Debt to Equity Ratio 2012-2026 | CMI
Current and historical debt to equity ratio values for Cummins (CMI) over the last 10 years. The debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity. Cummins debt/equity for the three months ending March 31, 2026 was 0.51 .
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Cummins Debt/Equity Ratio Historical Data
Date
Long Term Debt
Shareholder's Equity
Debt to Equity Ratio
2026-03-31
$21.07B
$13.37B
1.58
2025-12-31
$20.58B
$13.41B
1.54
2025-09-30
$20.54B
$13.10B
1.57
2025-06-30
$21.39B
$12.87B
1.66
2025-03-31
$20.56B
$11.97B
1.72
2024-12-31
$20.23B
$11.31B
1.79
2024-09-30
$20.71B
$11.34B
1.83
2024-06-30
$20.74B
$10.58B
1.96
2024-03-31
$21.73B
$10.10B
2.15
2023-12-31
$22.10B
$9.90B
2.23
2023-09-30
$20.42B
$11.68B
1.75
2023-06-30
$20.38B
$11.36B
1.80
2023-03-31
$20.81B
$10.62B
1.96
2022-12-31
$20.33B
$9.97B
2.04
2022-09-30
$20.41B
$9.36B
2.18
2022-06-30
$14.82B
$9.66B
1.54
2022-03-31
$14.76B
$9.36B
1.58
2021-12-31
$14.68B
$9.04B
1.62
2021-09-30
$14.06B
$9.00B
1.56
2021-06-30
$13.82B
$8.79B
1.57
2021-03-31
$13.93B
$9.03B
1.54
2020-12-31
$13.64B
$8.99B
1.52
2020-09-30
$12.93B
$8.64B
1.50
2020-06-30
$12.18B
$8.13B
1.50
2020-03-31
$12.06B
$8.02B
1.50
2019-12-31
$11.27B
$8.47B
1.33
2019-09-30
$11.59B
$8.75B
1.32
2019-06-30
$11.06B
$9.20B
1.20
2019-03-31
$11.12B
$8.73B
1.27
2018-12-31
$10.80B
$8.26B
1.31
2018-09-30
$10.93B
$8.06B
1.36
2018-06-30
$10.72B
$8.19B
1.31
2018-03-31
$10.10B
$8.30B
1.22
2017-12-31
$9.91B
$8.16B
1.21
2017-09-30
$9.43B
$8.56B
1.10
2017-06-30
$8.44B
$7.82B
1.08
2017-03-31
$8.16B
$7.48B
1.09
2016-12-31
$7.84B
$7.17B
1.09
2016-09-30
$7.87B
$7.26B
1.08
2016-06-30
$7.83B
$7.20B
1.09
2016-03-31
$7.57B
$7.26B
1.04
2015-12-31
$7.38B
$7.75B
0.95
2015-09-30
$7.72B
$8.08B
0.96
2015-06-30
$7.66B
$8.21B
0.93
2015-03-31
$7.67B
$8.07B
0.95
2014-12-31
$7.67B
$8.09B
0.95
2014-09-30
$7.55B
$8.10B
0.93
2014-06-30
$7.34B
$8.16B
0.90
2014-03-31
$7.02B
$7.73B
0.91
2013-12-31
$6.86B
$7.87B
0.87
2013-09-30
$6.87B
$7.46B
0.92
2013-06-30
$5.96B
$7.09B
0.84
2013-03-31
$5.71B
$7.05B
0.81
2012-12-31
$5.57B
$6.97B
0.80
2012-09-30
$5.58B
$6.83B
0.82
2012-06-30
$5.73B
$6.44B
0.89
2012-03-31
$5.76B
$6.36B
0.91
2011-12-31
$5.84B
$5.83B
1.00
2011-09-30
$5.79B
$5.54B
1.05
2011-06-30
$5.80B
$5.52B
1.05
2011-03-31
$5.53B
$5.20B
1.06
2010-12-31
$5.41B
$5.00B
1.08
2010-09-30
$5.38B
$4.49B
1.20
2010-06-30
$5.05B
$4.16B
1.21
2010-03-31
$4.72B
$4.05B
1.16
2009-12-31
$4.80B
$4.02B
1.19
2009-09-30
$4.55B
$3.80B
1.20
2009-06-30
$4.53B
$3.60B
1.26
2009-03-31
$4.75B
$3.43B
1.39
2008-12-31
$5.04B
$3.48B
1.45
2008-09-30
$5.09B
$3.89B
1.31
2008-06-30
$5.12B
$3.83B
1.34
2008-03-31
$5.02B
$3.61B
1.39
2007-12-31
$4.79B
$3.41B
1.40
2007-09-30
$4.84B
$3.20B
1.51
2007-06-30
$4.69B
$3.16B
1.48
2007-03-31
$4.51B
$2.94B
1.54
2006-12-31
$4.66B
$2.80B
1.66
2006-09-30
$4.91B
$2.67B
1.84
2006-06-30
$4.83B
$2.50B
1.93
2006-03-31
$5.02B
$1.98B
2.54
2005-12-31
$5.02B
$1.86B
2.69
2005-09-30
$5.10B
$1.76B
2.90
2005-06-30
$4.98B
$1.60B
3.10
2005-03-31
$4.93B
$1.49B
3.30
2004-12-31
$5.11B
$1.40B
3.65
2004-09-30
$4.87B
$1.28B
3.79
2004-06-30
$4.83B
$1.13B
4.29
2004-03-31
$4.57B
$1.01B
4.52
2003-12-31
$4.18B
$0.95B
4.40
2003-09-30
$3.80B
$1.19B
3.21
2003-06-30
$3.75B
$1.14B
3.30
2003-03-31
$3.70B
$1.09B
3.39
2002-12-31
$3.71B
$1.13B
3.27
2002-09-30
$3.28B
$1.34B
2.44
2002-06-30
$3.22B
$1.32B
2.44
2002-03-31
$3.11B
$1.28B
2.43
2001-12-31
$3.04B
$1.27B
2.38
2001-09-30
$2.96B
$1.47B
2.01
2001-06-30
$2.99B
$1.46B
2.04
2001-03-31
$3.32B
$1.27B
2.61
2000-12-31
$3.16B
$1.34B
2.37
2000-09-30
$3.42B
$1.46B
2.34
2000-06-30
$3.43B
$1.46B
2.35
2000-03-31
$3.47B
$1.44B
2.40
1999-12-31
$3.27B
$1.43B
2.29
1999-09-30
$3.54B
$1.34B
2.64
1999-06-30
$3.44B
$1.33B
2.60
1999-03-31
$3.40B
$1.30B
2.62
1998-12-31
$3.27B
$1.27B
2.57
1998-09-30
$3.23B
$1.30B
2.49
1998-06-30
$3.10B
$1.43B
2.18
1998-03-31
$3.09B
$1.41B
2.19
1997-12-31
$2.34B
$1.42B
1.65
1997-09-30
$2.34B
$1.34B
1.74
1997-06-30
$2.33B
$1.32B
1.76
1997-03-31
$2.20B
$1.27B
1.73
1996-12-31
$2.06B
$1.31B
1.57
1996-09-30
$2.05B
$1.25B
1.64
1996-06-30
$2.04B
$1.23B
1.67
1996-03-31
$1.93B
$1.21B
1.59
1995-12-31
$1.87B
$1.18B
1.58
1995-09-30
$1.72B
$1.16B
1.48
1995-06-30
$1.74B
$1.14B
1.52
1995-03-31
$1.71B
$1.10B
1.55
1994-12-31
$1.63B
$1.07B
1.52
1994-09-30
$1.70B
$1.01B
1.69
1994-06-30
$1.66B
$0.95B
1.75
1994-03-31
$1.65B
$0.87B
1.88
1993-12-31
$1.57B
$0.82B
1.91
1993-09-30
$1.68B
$0.62B
2.71
1993-06-30
$1.69B
$0.58B
2.90
1993-03-31
$1.76B
$0.53B
3.30
1992-12-31
$1.73B
$0.50B
3.45
1992-09-30
$1.36B
$0.77B
1.75
1992-06-30
$1.38B
$0.78B
1.77
1992-03-31
$1.34B
$0.62B
2.17
1991-12-31
$1.35B
$0.62B
2.16
1991-09-30
$1.33B
$0.62B
2.16
1991-06-30
$1.35B
$0.61B
2.19
1991-03-31
$1.31B
$0.66B
2.00
1990-12-31
$1.35B
$0.67B
2.02
1990-09-30
$1.21B
$0.80B
1.51
1990-06-30
$1.33B
$0.64B
2.08
1990-03-31
$1.32B
$0.63B
2.11
1989-12-31
$1.34B
$0.63B
2.14
1989-09-30
$1.35B
$0.57B
2.39
1989-06-30
$1.31B
$0.68B
1.92
1989-03-31
$1.32B
$0.69B
1.91
1988-12-31
$1.30B
$0.70B
1.86
1988-09-30
$1.26B
$0.74B
1.70
1988-06-30
$1.22B
$0.77B
1.59
1988-03-31
$1.18B
$0.81B
1.46
1987-12-31
$1.15B
$0.81B
1.43
1987-09-30
$1.18B
$0.77B
1.53
1987-06-30
$1.20B
$0.79B
1.52
1987-03-31
$1.19B
$0.79B
1.51
1986-12-31
$1.16B
$0.77B
1.50
Sector
Industry
Market Cap
Revenue
Auto/Tires/Trucks
Internal Combustion Engines
$85.129B
$33.670B
Cummins Inc. is a leading global designer, manufacturer and distributor of diesel and natural gas engines and powertrain-related component products. Powertrain components include fuel systems, turbochargers, transmissions, batteries and electrified power systems, among others. Headquartered in Columbus, IN, the company offers products to original equipment manufacturers (OEMs), distributors and dealers through a network of company-owned and independent distributor facilities.