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Cummins Inc. (CMI) Quick Ratio (Acid-Test): 1.16

Is Cummins Inc.’s quick ratio (acid-test) high or low?

Cummins Inc.'s quick ratio (acid-test) of 1.16 is 17% above its 5-year average of 0.99, around the middle of its 5-year range (0.74–1.34).

The quick ratio (acid-test) for Cummins Inc. (CMI) is 1.16 as of Wednesday, June 10, 2026. It is above its 12-month average by 18.37% (0.98).

CMI Quick Ratio (Acid-Test) Chart

CMI Quick Ratio (Acid-Test)
1.16+45.00% 1Y
Zoom

CMI Average Quick Ratio (Acid-Test) Chart

CMI Current vs Average Quick Ratio (Acid-Test) Chart

CMI Quick Ratio (Acid-Test) Metrics

QUICK RATIO (ACID-TEST)

1.16

QUICK RATIO (ACID-TEST) AVG TTM

0.98

QUICK RATIO (ACID-TEST) AVG 3Y

0.87

QUICK RATIO (ACID-TEST) AVG 5Y

0.99

QUICK RATIO (ACID-TEST) AVG 10Y

1.03

QUICK RATIO (ACID-TEST) AVG 15Y

1.19

QUICK RATIO (ACID-TEST) AVG 20Y

1.21

CURRENT VS TTM AVG

+18.37%

CURRENT VS 3Y AVG

+33.72%

CURRENT VS 5Y AVG

+17.37%

CURRENT VS 10Y AVG

+12.23%

CURRENT VS 15Y AVG

-2.42%

CURRENT VS 20Y AVG

-3.79%

CMI Competitors' Quick Ratio (Acid-Test)

NAMEMARKET CAPQUICK RATIO (ACID-TEST)TTM3Y5Y
Cummins Inc. (CMI)$87.60B1.160.980.870.99
United Parcel Service, Inc. (UPS)$87.79B1.221.171.141.18
Johnson Controls International plc (JCI)$85.03B0.760.780.790.84
Automatic Data Processing, Inc. (ADP)$92.38B1.051.031.011.03
3M Company (MMM)$81.79B1.331.211.051.12
Emerson Electric Co. (EMR)$76.94B0.651.021.321.25
Illinois Tool Works Inc. (ITW)$72.19B0.890.940.951.20
Parker-Hannifin Corporation (PH)$111.11B0.710.630.860.93
Rocket Lab USA, Inc. (RKLB)$62.17B3.612.652.613.23
Comfort Systems USA, Inc. (FIX)$60.53B1.191.131.101.13

Liquidity Comparison

Quick Ratio

1.16

Excludes inventory

Current Ratio

1.76

Includes inventory

Cummins Inc. Quick Ratio (Acid-Test) Formula & Definition

Quick Ratio = (Current Assets − Inventory) / Current Liabilities

The quick ratio is a stricter liquidity measure that excludes inventory, showing the ability to meet short-term obligations with the most liquid assets.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Cummins Inc. Quick Ratio (Acid-Test) FAQ

What is the quick ratio (acid-test) for Cummins Inc. (CMI)?
The quick ratio (acid-test) for CMI stock is 1.16.
Is Cummins Inc.'s quick ratio (acid-test) high or low?
Cummins Inc.'s quick ratio (acid-test) of 1.16 is 17% above its 5-year average of 0.99, around the middle of its 5-year range (0.74–1.34).
What is the TTM average quick ratio (acid-test) for Cummins Inc. (CMI)?
The TTM average quick ratio (acid-test) for CMI stock is 0.98.
What is the 3Y average quick ratio (acid-test) for Cummins Inc. (CMI)?
The 3Y average quick ratio (acid-test) for CMI stock is 0.87.
What is the 5Y average quick ratio (acid-test) for Cummins Inc. (CMI)?
The 5Y average quick ratio (acid-test) for CMI stock is 0.99.
What is the 10Y average quick ratio (acid-test) for Cummins Inc. (CMI)?
The 10Y average quick ratio (acid-test) for CMI stock is 1.03.
What is the 15Y average quick ratio (acid-test) for Cummins Inc. (CMI)?
The 15Y average quick ratio (acid-test) for CMI stock is 1.19.
What is the 20Y average quick ratio (acid-test) for Cummins Inc. (CMI)?
The 20Y average quick ratio (acid-test) for CMI stock is 1.21.

Cummins Inc. Quick Ratio (Acid-Test) History

DATEQUICK RATIO (ACID-TEST)
2025-12-311.16
2024-12-310.80
2023-12-310.74
2022-12-310.77
2021-12-311.12
2020-12-311.34
2019-12-310.94
2018-12-310.95
2017-12-311.01
2016-12-311.16
2015-12-311.38
2014-12-311.54
2013-12-311.86
2012-12-311.58
2011-12-311.35
2010-12-311.32
2009-12-311.51
2008-12-311.11
2007-12-311.15
2006-12-311.29
2005-12-311.24
2004-12-311.03
2003-12-311.00
2002-12-311.01
2001-12-310.98
2000-12-310.87
1999-12-311.06
1998-12-311.07
1997-12-310.98
1996-12-310.95

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
69,600 employees
Industrials / Industrial - Machinery
Sector
Industrials
Industry
Industrial - Machinery
CEO
Jennifer W. Rumsey