Free Cash Flow for Cummins (CMI)
Free Cash Flow for Cummins (CMI): headline value $2.39B · YoY +755.2%. Annual and quarterly series, chart, and tables are below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

CMI
Currently viewingFree Cash FlowSwitch metric
Latest period
$2.39B
YoY change
+755.2%
5Y CAGR
+2.1%
Peak year (2023)
$2.75B
Latest annual
$2.39B
Free Cash Flow history chart for Cummins (CMI) from 1989 to 2025
Free Cash Flow history table for Cummins (CMI) from 1989 to 2025
| Fiscal year | Period ended | Reported | Free Cash Flow | YoY |
|---|---|---|---|---|
| 2025 | $2.39B | +755.2% | ||
| 2024 | $279.00M | -89.9% | ||
| 2023 | $2.75B | +163.2% | ||
| 2022 | $1.05B | -28.8% | ||
| 2021 | $1.47B | -31.5% | ||
| 2020 | $2.15B | -10.8% | ||
| 2019 | $2.41B | +50.9% | ||
| 2018 | $1.59B | -5.7% | ||
| 2017 | $1.69B | +26.0% | ||
| 2016 | $1.34B | +6.4% | ||
| 2015 | $1.26B | -14.2% | ||
| 2014 | $1.47B | +8.8% | ||
| 2013 | $1.35B | +78.7% | ||
| 2012 | $755.00M | -45.7% | ||
| 2011 | $1.39B | +132.2% | ||
| 2010 | $599.00M | -24.4% | ||
| 2009 | $792.00M | +118.8% | ||
| 2008 | $362.00M | -7.2% | ||
| 2007 | $390.00M | -27.6% | ||
| 2006 | $539.00M | -6.1% | ||
| 2005 | $574.00M | +24.0% | ||
| 2004 | $463.00M | +2472.2% | ||
| 2003 | $18.00M | -82.5% | ||
| 2002 | $103.00M | -266.1% | ||
| 2001 | -$62.00M | -138.8% | ||
| 2000 | $160.00M | +73.9% | ||
| 1999 | $92.00M | — | ||
| 1998 | $0 | -100.0% | ||
| 1997 | -$205.00M | +84.7% | ||
| 1996 | -$111.00M | -160.7% | ||
| 1995 | $183.00M | +32.6% | ||
| 1994 | $138.00M | +23.9% | ||
| 1993 | $111.40M | +90.8% | ||
| 1992 | $58.40M | -439.5% | ||
| 1991 | -$17.20M | -85.0% | ||
| 1990 | -$114.60M | -261.6% | ||
| 1989 | $70.90M | — |
Free Cash Flow values are taken from Cummins's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
Cummins (CMI) most recent annual free cash flow stands at $2.39B (2025) – surged 755.2% year-over-year.
Through 2020–2025 (5 years), Cummins free cash flow delivered a +2.1% annualised rate; with the latest reading among the more recent periods of the dataset.
Between 2023 and 2025, Cummins free cash flow declined 13.3%, falling from $2.75B to $2.39B.
Across the available history, free cash flow reached its high of $2.75B in 2023 and its low of -$205.00M in 1997.
Within Industrials, Cummins (CMI) ranks 8th among 8 peers we track. The peer median for free cash flow is $5.45B.
Cummins Free Cash Flow by Year
Cummins Free Cash Flow 2025: $2.39B
Cummins free cash flow in 2025 was $2.39B, surged 755.2% from 2024.
Cummins Free Cash Flow 2024: $279.00M
Cummins free cash flow in 2024 was $279.00M, plunged 89.9% below 2023.
Cummins Free Cash Flow 2023: $2.75B
Cummins free cash flow in 2023 was $2.75B, surged 163.2% from 2022. This figure represents the highest annual value in the available history.
Cummins Free Cash Flow 2022: $1.05B
Cummins free cash flow in 2022 was $1.05B, declined 28.8% below 2021.
Cummins Free Cash Flow 2021: $1.47B
Cummins free cash flow in 2021 was $1.47B.
See more financial history for Cummins (CMI).
Sector peers — Free Cash Flow
Companies in the same sector as Cummins, ranked by their latest free cash flow.
| Company | Free Cash Flow | Sector |
|---|---|---|
| Caterpillar Inc. (CAT) | $10.27B | Industrials |
| RTX Corporation (RTX) | $7.94B | Industrials |
| GE Aerospace (GE) | $7.26B | Industrials |
| Union Pacific Corporation (UNP) | $5.50B | Industrials |
| Honeywell International Inc. (HON) | $5.39B | Industrials |
| Eaton Corporation plc (ETN) | $4.47B | Industrials |
| Deere & Company (DE) | $3.23B | Industrials |
| The Boeing Company (BA) | -$1.88B | Industrials |
Frequently asked questions
What is Cummins's free cash flow?
Latest reported free cash flow for Cummins (CMI) is $2.39B (period ending December 31, 2025).
How has Cummins free cash flow changed year-over-year?
Cummins (CMI) free cash flow changed +755.2% year-over-year on the latest annual filing.
What is the long-term growth rate of Cummins free cash flow?
Cummins (CMI) free cash flow compound annual growth rate is +2.1% over the most recent 5 years available.
When did Cummins free cash flow hit its highest annual value?
Cummins free cash flow reached its highest annual value of $2.75B in 2023.
What was Cummins free cash flow in 2024?
Cummins (CMI) free cash flow in 2024 was $279.00M.
What was Cummins free cash flow in 2025?
Cummins (CMI) free cash flow in 2025 was $2.39B.
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