Cummins (CMI) Interest Coverage Ratio: History & Chart

Cummins Inc.(CMI)

Industrial - Machinery · Columbus, IN

$538.02-3.08 (-0.57%)

Delayed quote: Sep 15, 2026, 4:00 PM EDT

About Cummins Inc.

Cummins Inc. is a global innovator in power solutions, responsible for the design, manufacturing, distribution, and maintenance of a broad array of diesel and natural gas engines, alongside cutting-edge electric and hybrid powertrains, and associated components. Its operations are strategically divided into five segments: Engine, Distribution, Components, Power Systems, and New Power. The company's extensive engine portfolio, available under the Cummins brand and others, powers a vast range of heavy and medium-duty applications, including commercial trucks, buses, recreational vehicles, light-duty automobiles, construction and mining equipment, marine vessels, railway systems, oil and gas operations, defense, and agriculture. Complementing these engines, Cummins provides both new and remanufactured parts and comprehensive servicing. Beyond its core engine offerings, Cummins delivers sophisticated power generation systems, high-horsepower engines, and specialized application engineering. It also offers custom-designed assemblies, retail and wholesale aftermarket components, and expert repair services conducted both in-shop and on-site. The company's technological scope extends to emission control solutions, turbochargers, a variety of filtration systems (for air, fuel, lubricants, and hydraulics), coolants, fuel additives, and advanced electronic control modules, sensors, and supporting software. Fuel systems, both new and reconditioned, are also a key part of their product line, as are automated transmissions. For electrical power generation, Cummins provides standby and primary power generators, complete with controls, paralleling systems, and transfer switches, featuring products like Stamford and AVK A/C alternators. Embracing future energy demands, the company is a frontrunner in electrified power systems, encompassing battery technologies, fuel cells, and hydrogen production. This includes a robust offering of filtration, aftertreatment, control, air handling systems, automated transmissions, electric power generation, and battery solutions. Cummins distributes its diverse product range to original equipment manufacturers, an extensive network of distributors and dealers, and various other clientele worldwide. Founded in 1919 as the Cummins Engine Company, the enterprise adopted its current name, Cummins Inc., in 2001 and maintains its headquarters in Columbus, Indiana.

Columbus, IN

67,400 employees

www.cummins.com

Industrials / Industrial - Machinery

Sector: Industrials
Industry: Industrial - Machinery
CEO: Jennifer W. Rumsey

View full financials

CMI Interest Coverage Ratio Metrics

INTEREST COVERAGE RATIO

11.75x

INTEREST COVERAGE RATIO AVG TTM

12.47x

INTEREST COVERAGE RATIO AVG 3Y

11.48x

INTEREST COVERAGE RATIO AVG 5Y

12.46x

INTEREST COVERAGE RATIO AVG 10Y

20.46x

INTEREST COVERAGE RATIO AVG 15Y

24.36x

INTEREST COVERAGE RATIO AVG 20Y

28.11x

CURRENT VS TTM AVG

-5.79%

CURRENT VS 3Y AVG

+2.33%

CURRENT VS 5Y AVG

-5.73%

CURRENT VS 10Y AVG

-42.56%

CURRENT VS 15Y AVG

-51.77%

CURRENT VS 20Y AVG

-58.20%

SECTOR MEDIAN · INDUSTRIALS

7.85x

median of 140 covered companies

CURRENT VS SECTOR MEDIAN

+49.68%

vs the sector median at left

NAME	MARKET CAP	INTEREST COVERAGE RATIO	TTM	3Y	5Y
Cummins Inc. (CMI)	$74.24B	11.75x	12.47x	11.48x	12.46x
Canadian National Railway Company (CNI)vs ›	$73.66B	7.21x	7.11x	8.96x	8.95x
Northrop Grumman Corporation (NOC)vs ›	$75.47B	6.44x	6.74x	6.32x	7.04x
FedEx Corporation (FDX)vs ›	$72.93B	12.43x	10.07x	9.09x	8.90x
Bloom Energy Corporation (BE)vs ›	$76.39B	1.35x	0.86x	0.86x	0.86x
Norfolk Southern Corporation (NSC)vs ›	$71.92B	5.06x	4.86x	5.11x	5.44x
Illinois Tool Works Inc. (ITW)vs ›	$77.28B	14.44x	14.75x	15.84x	15.76x
Canadian Pacific Kansas City Ltd. (CP)vs ›	$78.26B	6.40x	6.44x	5.92x	6.36x
Cintas Corporation (CTAS)vs ›	$79.61B	24.52x	23.93x	21.15x	19.43x
Republic Services, Inc. (RSG)vs ›	$68.62B	5.79x	5.83x	5.81x	5.84x

NAME

MARKET CAP

INTEREST COVERAGE RATIO

TTM

Cummins Inc. (CMI)

$74.24B

11.75x

12.47x

11.48x

12.46x

Canadian National Railway Company (CNI)vs ›

$73.66B

7.21x

7.11x

8.96x

8.95x

Northrop Grumman Corporation (NOC)vs ›

$75.47B

6.44x

6.74x

6.32x

7.04x

FedEx Corporation (FDX)vs ›

$72.93B

12.43x

10.07x

9.09x

8.90x

Bloom Energy Corporation (BE)vs ›

$76.39B

1.35x

0.86x

Norfolk Southern Corporation (NSC)vs ›

$71.92B

5.06x

4.86x

5.11x

5.44x

Illinois Tool Works Inc. (ITW)vs ›

$77.28B

14.44x

14.75x

15.84x

15.76x

Canadian Pacific Kansas City Ltd. (CP)vs ›

$78.26B

6.40x

6.44x

5.92x

6.36x

Cintas Corporation (CTAS)vs ›

$79.61B

24.52x

23.93x

21.15x

19.43x

Republic Services, Inc. (RSG)vs ›

$68.62B

5.79x

5.83x

5.81x

5.84x

Interest Coverage Ratio FAQ

What is the interest coverage ratio for Cummins Inc. (CMI)?

The interest coverage ratio for CMI stock is 11.75x.

Is Cummins Inc.'s interest coverage ratio high or low?

The interest coverage ratio of 11.75x is in line with its 5-year average of 12.46x, around the middle of its 5-year range (-13.17x–35.53x).

What is the TTM average interest coverage ratio for Cummins Inc. (CMI)?

The TTM average interest coverage ratio for CMI stock is 12.47x.

What is the 3Y average interest coverage ratio for Cummins Inc. (CMI)?

The 3Y average interest coverage ratio for CMI stock is 11.48x.

What is the 5Y average interest coverage ratio for Cummins Inc. (CMI)?

The 5Y average interest coverage ratio for CMI stock is 12.46x.

What is the 10Y average interest coverage ratio for Cummins Inc. (CMI)?

The 10Y average interest coverage ratio for CMI stock is 20.46x.

What is the 15Y average interest coverage ratio for Cummins Inc. (CMI)?

The 15Y average interest coverage ratio for CMI stock is 24.36x.

What is the 20Y average interest coverage ratio for Cummins Inc. (CMI)?

The 20Y average interest coverage ratio for CMI stock is 28.11x.

DATE	INTEREST COVERAGE RATIO
2026-06-30	15.99x
2026-03-31	12.49x
2025-12-31	7.80x
2025-09-30	11.99x
2025-06-30	14.09x
2025-03-31	14.73x
2024-12-31	8.22x
2024-09-30	12.65x
2024-06-30	9.59x
2024-03-31	10.37x
2023-12-31	-13.17x
2023-09-30	9.79x
2023-06-30	10.07x
2023-03-31	11.79x
2022-12-31	9.22x
2022-09-30	10.26x
2022-06-30	26.38x
2022-03-31	35.53x
2021-12-31	19.04x
2021-10-03	23.79x
2021-07-04	25.34x
2021-04-04	28.93x
2020-12-31	21.69x
2020-09-27	26.80x
2020-06-28	14.61x
2020-03-29	27.57x
2019-12-31	16.09x
2019-09-29	26.88x
2019-06-30	29.24x
2019-03-31	24.97x
2018-12-31	22.84x
2018-09-30	26.77x
2018-07-01	25.79x
2018-04-01	22.08x
2017-12-31	24.79x
2017-10-01	34.56x
2017-07-02	27.90x
2017-04-02	30.00x
2016-12-31	28.17x
2016-10-02	24.00x
2016-07-03	35.44x
2016-04-03	24.74x
2015-12-31	12.72x
2015-09-27	34.81x
2015-06-28	42.53x
2015-03-29	39.14x
2014-12-31	34.18x
2014-09-28	43.93x
2014-06-29	40.80x
2014-03-30	30.18x
2013-12-31	29.11x
2013-09-29	65.50x
2013-06-30	76.25x
2013-03-31	69.00x
2012-12-31	66.43x
2012-09-30	54.78x
2012-07-01	81.00x
2012-04-01	81.00x
2011-12-31	74.50x
2011-09-25	58.09x
2011-06-26	59.08x
2011-03-27	52.90x
2010-12-31	47.73x
2010-09-26	39.55x
2010-06-27	44.00x
2010-03-28	27.33x
2009-12-31	42.78x
2009-09-27	16.33x
2009-06-28	12.10x
2009-03-29	4.14x
2008-06-29	39.00x
2008-03-30	29.00x

DATE

INTEREST COVERAGE RATIO

2026-06-30

15.99x

2026-03-31

12.49x

2025-12-31

7.80x

2025-09-30

11.99x

2025-06-30

14.09x

2025-03-31

14.73x

2024-12-31

8.22x

2024-09-30

12.65x

2024-06-30

9.59x

2024-03-31

10.37x

2023-12-31

-13.17x

2023-09-30

9.79x

2023-06-30

10.07x

2023-03-31

11.79x

2022-12-31

9.22x

2022-09-30

10.26x

2022-06-30

26.38x

2022-03-31

35.53x

2021-12-31

19.04x

2021-10-03

23.79x

2021-07-04

25.34x

2021-04-04

28.93x

2020-12-31

21.69x

2020-09-27

26.80x

2020-06-28

14.61x

2020-03-29

27.57x

2019-12-31

16.09x

2019-09-29

26.88x

2019-06-30

29.24x

2019-03-31

24.97x

2018-12-31

22.84x

2018-09-30

26.77x

2018-07-01

25.79x

2018-04-01

22.08x

2017-12-31

24.79x

2017-10-01

34.56x

2017-07-02

27.90x

2017-04-02

30.00x

2016-12-31

28.17x

2016-10-02

24.00x

2016-07-03

35.44x

2016-04-03

24.74x

2015-12-31

12.72x

2015-09-27

34.81x

2015-06-28

42.53x

2015-03-29

39.14x

2014-12-31

34.18x

2014-09-28

43.93x

2014-06-29

40.80x

2014-03-30

30.18x

2013-12-31

29.11x

2013-09-29

65.50x

2013-06-30

76.25x

2013-03-31

69.00x

2012-12-31

66.43x

2012-09-30

54.78x

2012-07-01

81.00x

2012-04-01

81.00x

2011-12-31

74.50x

2011-09-25

58.09x

2011-06-26

59.08x

2011-03-27

52.90x

2010-12-31

47.73x

2010-09-26

39.55x

2010-06-27

44.00x

2010-03-28

27.33x

2009-12-31

42.78x

2009-09-27

16.33x

2009-06-28

12.10x

2009-03-29

4.14x

2008-06-29

39.00x

2008-03-30

29.00x

Interest Coverage Ratio: 11.75x

CMI Interest Coverage Ratio

CMI Average Interest Coverage Ratio Chart

CMI Current vs Average Interest Coverage Ratio Chart

CMI Interest Coverage Ratio Metrics

CMI Competitors' Interest Coverage Ratio

Financial Health Indicators

Interest Coverage Ratio Formula & Definition

Interest Coverage Ratio FAQ

CMI Interest Coverage Ratio History

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