Net Assets for Cummins (CMI)
According to Cummins's latest reported financial statements, the company's latest reported net assets is $12.35B USD. Net assets — also called stockholders' equity — equal total assets minus total liabilities. They represent the residual claim of shareholders on the company's assets and roughly track book value over time.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

CMI
Currently viewingNet AssetsSwitch metric
Latest period
$12.35B
YoY change
+20.2%
5Y CAGR
+8.9%
Peak year (2025)
$12.35B
Latest annual
$12.35B
Net Assets history chart for Cummins (CMI) from 1985 to 2025
Net Assets history table for Cummins (CMI) from 1985 to 2025
| Fiscal year | Period ended | Reported | Net Assets | YoY |
|---|---|---|---|---|
| 2025 | $12.35B | +20.2% | ||
| 2024 | $10.27B | +16.1% | ||
| 2023 | $8.85B | -1.4% | ||
| 2022 | $8.97B | +5.9% | ||
| 2021 | $8.47B | +5.1% | ||
| 2020 | $8.06B | +7.4% | ||
| 2019 | $7.51B | +2.2% | ||
| 2018 | $7.35B | +1.2% | ||
| 2017 | $7.26B | +5.6% | ||
| 2016 | $6.88B | -7.2% | ||
| 2015 | $7.41B | -4.4% | ||
| 2014 | $7.75B | +3.2% | ||
| 2013 | $7.51B | +13.7% | ||
| 2012 | $6.60B | +20.2% | ||
| 2011 | $5.49B | +17.6% | ||
| 2010 | $4.67B | +23.8% | ||
| 2009 | $3.77B | +16.8% | ||
| 2008 | $3.23B | -5.3% | ||
| 2007 | $3.41B | +21.7% | ||
| 2006 | $2.80B | +50.3% | ||
| 2005 | $1.86B | +33.0% | ||
| 2004 | $1.40B | +47.6% | ||
| 2003 | $949.00M | +12.8% | ||
| 2002 | $841.00M | -18.0% | ||
| 2001 | $1.02B | -23.3% | ||
| 2000 | $1.34B | -6.5% | ||
| 1999 | $1.43B | +12.3% | ||
| 1998 | $1.27B | -10.5% | ||
| 1997 | $1.42B | +8.4% | ||
| 1996 | $1.31B | +10.9% | ||
| 1995 | $1.18B | +10.3% | ||
| 1994 | $1.07B | +30.6% | ||
| 1993 | $821.10M | +63.9% | ||
| 1992 | $501.10M | -19.7% | ||
| 1991 | $623.80M | -6.8% | ||
| 1990 | $669.30M | +6.8% | ||
| 1989 | $626.50M | +6.8% | ||
| 1988 | $586.50M | -15.3% | ||
| 1987 | $692.30M | +5.6% | ||
| 1986 | $655.30M | -7.9% | ||
| 1985 | $711.60M | — |
Net Assets values are taken from Cummins's reported balance sheets (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
In 2025, Cummins (CMI) net assets totalled $12.35B – grew 20.2% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Cummins net assets compounded at +8.9% per year, sustaining 2 straight years of year-over-year growth.
2025 marks the peak net assets at $12.35B, with the historical low of $501.10M recorded in 1992.
Cummins (CMI) sits 8th of 8 Industrials peers we track on this metric, against a peer median of $19.05B.
Cummins Net Assets by Year
Cummins Net Assets 2025: $12.35B
Cummins net assets in 2025 was $12.35B, grew 20.2% from 2024. This figure represents the highest annual value in the available history.
Cummins Net Assets 2024: $10.27B
Cummins net assets in 2024 was $10.27B, grew 16.1% from 2023.
Cummins Net Assets 2023: $8.85B
Cummins net assets in 2023 was $8.85B, edged down 1.4% below 2022.
Cummins Net Assets 2022: $8.97B
Cummins net assets in 2022 was $8.97B, grew 5.9% from 2021.
Cummins Net Assets 2021: $8.47B
Cummins net assets in 2021 was $8.47B.
See more financial history for Cummins (CMI).
Sector peers — Net Assets
Companies in the same sector as Cummins, ranked by their latest net assets.
| Company | Net Assets | Sector |
|---|---|---|
| RTX Corporation (RTX) | $65.25B | Industrials |
| Deere & Company (DE) | $25.95B | Industrials |
| Caterpillar Inc. (CAT) | $21.32B | Industrials |
| Eaton Corporation plc (ETN) | $19.43B | Industrials |
| GE Aerospace (GE) | $18.68B | Industrials |
| Union Pacific Corporation (UNP) | $18.47B | Industrials |
| Honeywell International Inc. (HON) | $15.44B | Industrials |
| The Boeing Company (BA) | $5.45B | Industrials |
Frequently asked questions
What is Cummins's net assets?
- Latest reported net assets for Cummins (CMI) is $12.35B (period ending December 31, 2025).
How has Cummins net assets changed year-over-year?
- Cummins (CMI) net assets changed +20.2% year-over-year on the latest annual filing.
What is the long-term growth rate of Cummins net assets?
- Cummins (CMI) net assets compound annual growth rate is +8.9% over the most recent 5 years available.
When did Cummins net assets hit its highest annual value?
- Cummins net assets reached its highest annual value of $12.35B in 2025.
What was Cummins net assets in 2024?
- Cummins (CMI) net assets in 2024 was $10.27B.
What was Cummins net assets in 2025?
- Cummins (CMI) net assets in 2025 was $12.35B.
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