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Cummins Inc. (CMI) Payout Ratio

Annual Payout Ratio:

23.82%-85.82%(-78.27%)
December 31, 2024

Summary

  • As of today, CMI annual payout ratio is 23.82%, with the most recent change of -85.82% (-78.27%) on December 31, 2024.
  • During the last 3 years, CMI annual payout ratio has fallen by -13.56% (-36.28%).
  • CMI annual payout ratio is now -93.47% below its all-time high of 364.92%, reached on December 1, 1983.

Performance

CMI Payout Ratio Chart

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Range

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TTM Payout Ratio:

35.09%0.00%(0.00%)
October 31, 2025

Summary

  • As of today, CMI TTM payout ratio is 35.09%, unchanged on October 31, 2025.
  • Over the past year, CMI TTM payout ratio has dropped by -10.45% (-22.95%).
  • CMI TTM payout ratio is now -99.36% below its all-time high of 5504.00%.

Performance

CMI TTM Payout Ratio Chart

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Quarterly Payout Ratio:

27.05%-2.48%(-8.40%)
June 30, 2025

Summary

  • As of today, CMI quarterly payout ratio is 27.05%, with the most recent change of -2.48% (-8.40%) on June 30, 2025.
  • Over the past year, CMI quarterly payout ratio has dropped by -3.54% (-11.57%).
  • CMI quarterly payout ratio is now -89.18% below its all-time high of 250.00%, reached on March 29, 2009.

Performance

CMI Quarterly Payout Ratio Chart

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Payout Ratio Formula

Payout Ratio =  Dividends Paid
Net Income
x 100%

CMI Payout Ratio Trends

PeriodPeriodAnnualAnnualTTMTTMQuarterlyQuarterly
1Y1 Year-78.3%-22.9%-11.6%
3Y3 Years-36.3%-20.5%-6.2%
5Y5 Years-29.0%-29.0%-62.3%

CMI Payout Ratio Highs & Lows

PeriodPeriodAnnual vs HighAnnual vs HighAnnual vs LowAnnual vs LowTTM vs HighTTM vs HighTTM vs LowTTM vs LowQuarter. vs HighQuarter. vs HighQuarter. vs LowQuarter. vs Low
3Y3-Year-78.3%at low-72.9%+41.2%-51.9%+258.3%
5Y5-Year-78.3%at low-72.9%+41.2%-51.9%+258.3%
All-TimeAll-Time-93.5%+101.2%-99.4%+103.2%-89.2%+123.0%

CMI Payout Ratio History

DateAnnualTTMQuarterly
Nov 2025
-
35.09%(+2.5%)
-
Jun 2025
-
34.24%(-3.6%)
27.05%(-8.4%)
Mar 2025
-
35.52%(+42.9%)
29.53%(-47.4%)
Dec 2024
23.82%(-78.3%)
24.85%(-45.4%)
56.18%(+89.4%)
Sep 2024
-
45.54%(-6.5%)
29.66%(-3.0%)
Jun 2024
-
48.70%(+0.1%)
30.59%(+159.5%)
Mar 2024
-
48.65%(-61.8%)
11.79%(+169.0%)
Dec 2023
109.64%(+179.9%)
127.21%(+290.8%)
-17.09%(-149.6%)
Sep 2023
-
32.55%(-7.5%)
34.49%(+14.0%)
Jun 2023
-
35.18%(+1.3%)
30.26%(+9.9%)
Mar 2023
-
34.72%(-13.1%)
27.54%(-20.1%)
Dec 2022
39.17%(+4.8%)
39.96%(-9.4%)
34.47%(-36.5%)
Sep 2022
-
44.13%(+8.7%)
54.28%(+88.1%)
Jun 2022
-
40.59%(-4.3%)
28.85%(-41.1%)
Mar 2022
-
42.41%(+10.5%)
48.94%(-5.9%)
Dec 2021
37.38%(-13.4%)
38.39%(+6.1%)
52.00%(+35.9%)
Sep 2021
-
36.17%(+0.4%)
38.26%(+18.9%)
Jun 2021
-
36.02%(-14.4%)
32.19%(-0.2%)
Mar 2021
-
42.07%(-4.5%)
32.24%(-17.8%)
Dec 2020
43.18%(+28.7%)
44.03%(-10.9%)
39.22%(+1.9%)
Sep 2020
-
49.42%(+5.7%)
38.49%(-46.4%)
Jun 2020
-
46.74%(+25.5%)
71.75%(+94.3%)
Mar 2020
-
37.23%(+9.5%)
36.93%(-44.7%)
Dec 2019
33.55%(+2.2%)
34.00%(+52.3%)
66.78%(+101.6%)
Sep 2019
-
22.33%(+7.0%)
33.12%(+26.8%)
Jun 2019
-
20.87%(-4.1%)
26.13%(-2.4%)
Mar 2019
-
21.77%(-13.0%)
26.76%(-9.8%)
Dec 2018
32.83%(-53.4%)
25.02%(-54.9%)
29.67%(+13.8%)
Sep 2018
-
55.45%(-18.7%)
26.07%(-18.4%)
Jun 2018
-
68.20%(-11.3%)
31.95%(-41.7%)
Mar 2018
-
76.93%(+8.5%)
54.77%(+194.5%)
Dec 2017
70.52%(+51.9%)
70.88%(+68.0%)
-57.93%(-247.9%)
Sep 2017
-
42.20%(-8.9%)
39.17%(+0.4%)
Jun 2017
-
46.32%(-0.2%)
39.00%(-7.6%)
Mar 2017
-
46.41%(-4.4%)
42.22%(-2.2%)
Dec 2016
46.43%(+9.7%)
48.57%(-15.1%)
43.18%(-24.7%)
Sep 2016
-
57.22%(+7.5%)
57.33%(+50.2%)
Jun 2016
-
53.23%(+8.4%)
38.17%(-25.2%)
Mar 2016
-
49.09%(+9.4%)
51.05%(-46.6%)
Dec 2015
42.31%(+43.5%)
44.89%(+26.5%)
95.51%(+117.7%)
Sep 2015
-
35.48%(+8.2%)
43.88%(+55.4%)
Jun 2015
-
32.78%(+3.1%)
28.23%(-18.5%)
Mar 2015
-
31.78%(+2.0%)
34.65%(+13.9%)
Dec 2014
29.49%(+11.5%)
31.15%(+4.4%)
30.41%(-5.3%)
Sep 2014
-
29.84%(+1.3%)
32.12%(+33.0%)
Jun 2014
-
29.46%(+2.4%)
24.15%(-24.8%)
Mar 2014
-
28.78%(+1.3%)
32.12%(+28.7%)
Dec 2013
26.45%(+35.2%)
28.42%(+1.0%)
24.95%(-19.6%)
Sep 2013
-
28.14%(+5.7%)
31.02%(+45.5%)
Jun 2013
-
26.63%(+9.0%)
21.32%(-30.0%)
Mar 2013
-
24.43%(+17.7%)
30.45%(+28.9%)
Dec 2012
19.56%(+49.3%)
20.76%(+17.0%)
23.62%(-7.0%)
Sep 2012
-
17.75%(+11.6%)
25.41%(+67.7%)
Jun 2012
-
15.91%(+10.9%)
15.15%(-6.5%)
Mar 2012
-
14.35%(+3.5%)
16.21%(+20.4%)
Dec 2011
13.10%(-13.2%)
13.87%(-0.3%)
13.46%(-16.4%)
Sep 2011
-
13.91%(+1.1%)
16.10%(+69.5%)
Jun 2011
-
13.76%(-10.2%)
9.50%(-32.0%)
Mar 2011
-
15.32%(-7.5%)
13.97%(+5.0%)
Dec 2010
15.09%(-48.2%)
16.57%(+0.9%)
13.30%(-17.8%)
Sep 2010
-
16.42%(-10.0%)
16.18%(+24.8%)
Jun 2010
-
18.25%(-25.1%)
12.96%(-37.1%)
Mar 2010
-
24.37%(-24.9%)
20.59%(+70.6%)
Dec 2009
29.13%(+95.4%)
32.43%(-52.8%)
12.07%(-62.1%)
Sep 2009
-
68.75%(+67.3%)
31.82%(-38.1%)
Jun 2009
-
41.10%(+84.0%)
51.43%(-79.4%)
Mar 2009
-
22.34%(+43.0%)
250.00%(+309.7%)
Dec 2008
14.91%(+32.1%)
15.62%(+31.4%)
61.02%(+330.6%)
Sep 2008
-
11.89%(+4.2%)
14.17%(+68.9%)
Jun 2008
-
11.41%(-3.0%)
8.39%(-32.2%)
Mar 2008
-
11.76%(-8.6%)
12.38%(+1.4%)
Dec 2007
11.29%(+29.9%)
12.86%(+6.7%)
12.21%(-4.8%)
Sep 2007
-
12.05%(+7.2%)
12.82%(+53.9%)
Jun 2007
-
11.24%(+5.3%)
8.33%(-33.4%)
Mar 2007
-
10.67%(+15.0%)
12.50%(+33.8%)
Dec 2006
8.69%
9.28%(+1.1%)
9.34%(-10.9%)
DateAnnualTTMQuarterly
Sep 2006
-
9.18%(+0.8%)
10.48%(+73.8%)
Jun 2006
-
9.11%(-11.7%)
6.03%(-38.6%)
Mar 2006
-
10.32%(-6.9%)
9.82%(+26.1%)
Dec 2005
9.63%(-31.7%)
11.09%(-7.7%)
7.79%(-15.2%)
Sep 2005
-
12.02%(-4.4%)
9.19%(-2.0%)
Jun 2005
-
12.57%(-11.2%)
9.38%(-32.6%)
Mar 2005
-
14.16%(-13.5%)
13.92%(+39.2%)
Dec 2004
14.10%(-80.8%)
16.37%(-16.8%)
10.00%(-12.9%)
Sep 2004
-
19.67%(-29.7%)
11.48%(-23.2%)
Jun 2004
-
27.97%(-33.1%)
14.94%(-57.5%)
Mar 2004
-
41.81%(-54.0%)
35.14%(+40.6%)
Dec 2003
73.53%(+39.7%)
90.91%(-6.1%)
25.00%(-43.7%)
Sep 2003
-
96.77%(+29.8%)
44.44%(-28.2%)
Jun 2003
-
74.53%(-0.6%)
61.90%(+208.3%)
Mar 2003
-
75.00%(+2.5%)
-57.14%(-319.8%)
Dec 2002
52.63%(+180.0%)
73.17%(-62.2%)
26.00%(+5.5%)
Sep 2002
-
193.55%(+141.9%)
24.64%(-56.4%)
Jun 2002
-
-461.54%(-949.9%)
56.52%(+194.2%)
Mar 2002
-
-43.96%(+2.5%)
-60.00%(-150.8%)
Dec 2001
-65.79%(-128.9%)
-45.11%(-121.8%)
118.18%(+28.0%)
Sep 2001
-
-20.34%(+9.8%)
92.31%(+653.7%)
Jun 2001
-
-22.56%(+70.7%)
-16.67%(+69.4%)
Mar 2001
-
-76.92%(-113.5%)
-54.55%(-391.0%)
Dec 2000
227.27%(+702.8%)
571.43%(+1814.3%)
-11.11%(-127.8%)
Sep 2000
-
29.85%(+19.6%)
40.00%(+96.9%)
Jun 2000
-
24.95%(-0.4%)
20.31%(-23.8%)
Mar 2000
-
25.06%(-8.0%)
26.67%(-40.0%)
Dec 1999
28.31%(+106.2%)
27.25%(+4.7%)
44.44%(+100.0%)
Sep 1999
-
26.02%(-99.5%)
22.22%(+19.2%)
Jun 1999
-
5504.00%(+600.0%)
18.64%(-59.6%)
Mar 1999
-
-1100.80%(-450.0%)
46.15%(+30.1%)
Dec 1998
-460.00%(-2266.7%)
-200.15%(-165.5%)
35.48%(+419.4%)
Sep 1998
-
305.78%(+1177.8%)
-11.11%(-157.6%)
Jun 1998
-
23.93%(0.0%)
19.30%(-83.9%)
Mar 1998
-
23.93%(+21.9%)
120.00%(+598.1%)
Dec 1997
21.23%(-15.1%)
19.63%(-9.4%)
17.19%(-22.6%)
Sep 1997
-
21.66%(-12.5%)
22.22%(-1.9%)
Jun 1997
-
24.76%(-4.4%)
22.64%(-7.2%)
Mar 1997
-
25.91%(+3.9%)
24.39%(0.0%)
Dec 1996
25.00%(+40.0%)
24.94%(+0.5%)
24.39%(-36.6%)
Sep 1996
-
24.81%(+11.7%)
38.46%(+69.2%)
Jun 1996
-
22.22%(+13.1%)
22.73%(+11.4%)
Mar 1996
-
19.65%(+8.3%)
20.41%(-14.3%)
Dec 1995
17.86%(+73.7%)
18.15%(+11.4%)
23.81%(+9.5%)
Sep 1995
-
16.29%(+20.6%)
21.74%(+50.0%)
Jun 1995
-
13.51%(+14.7%)
14.49%(-2.9%)
Mar 1995
-
11.78%(+14.7%)
14.93%(+0.8%)
Dec 1994
10.28%(+25.2%)
10.27%(+16.0%)
14.81%(+76.3%)
Sep 1994
-
8.85%(+15.7%)
8.40%(+7.0%)
Jun 1994
-
7.65%(+24.8%)
7.85%(-17.5%)
Mar 1994
-
6.13%(+41.2%)
9.52%(-29.9%)
Dec 1993
8.21%(-51.0%)
4.34%(+269.5%)
13.59%(+97.5%)
Sep 1993
-
-2.56%(-15.3%)
6.88%(+14.3%)
Jun 1993
-
-2.22%(-13.8%)
6.02%(-14.7%)
Mar 1993
-
-1.95%(-16.1%)
7.06%(+799.0%)
Dec 1992
16.74%(+157.0%)
-1.68%(-119.5%)
-1.01%(-106.1%)
Sep 1992
-
8.62%(-79.5%)
16.48%(-53.9%)
Jun 1992
-
42.00%(+529.0%)
35.71%(+9.7%)
Mar 1992
-
-9.79%(+30.8%)
32.56%(+127.7%)
Dec 1991
-29.39%(-19.9%)
-14.15%(-71.9%)
-117.39%(-394.7%)
Sep 1991
-
-8.23%(+14.0%)
-23.73%(-51.1%)
Jun 1991
-
-9.57%(+29.1%)
-15.70%(+47.2%)
Mar 1991
-
-13.49%(+17.5%)
-29.74%(-361.8%)
Dec 1990
-24.52%(+98.8%)
-16.36%(+64.8%)
-6.44%(+72.1%)
Sep 1990
-
-46.45%(0.0%)
-23.12%(-113.8%)
Jun 1990
-
-46.45%(+33.3%)
167.21%(+50.3%)
Mar 1990
-
-69.67%(+32.9%)
111.24%
Dec 1989
-2029.08%(-3798.3%)
-103.85%(>-9900.0%)
-
Dec 1988
-52.05%(-130.4%)
0.00%(0.0%)
-
Dec 1987
171.29%(+931.1%)
0.00%(0.0%)
-
Dec 1986
-20.61%(-149.4%)
0.00%(0.0%)
-
Dec 1985
41.73%(+301.3%)
0.00%(0.0%)
-
Dec 1984
10.40%(-97.2%)
0.00%(0.0%)
-
Dec 1983
364.92%(+23.6%)
0.00%(0.0%)
-
Dec 1982
295.35%(+1514.8%)
0.00%(0.0%)
-
Dec 1981
18.29%(+113.3%)
0.00%(0.0%)
-
Dec 1980
-137.19%
0.00%
-

FAQ

  • What is Cummins Inc. annual payout ratio?
  • What is the all-time high annual payout ratio for Cummins Inc.?
  • What is Cummins Inc. annual payout ratio year-on-year change?
  • What is Cummins Inc. TTM payout ratio?
  • What is the all-time high TTM payout ratio for Cummins Inc.?
  • What is CMI TTM payout ratio year-to-date change?
  • What is Cummins Inc. TTM payout ratio year-on-year change?
  • What is Cummins Inc. quarterly payout ratio?
  • What is the all-time high quarterly payout ratio for Cummins Inc.?
  • What is Cummins Inc. quarterly payout ratio year-on-year change?

What is Cummins Inc. annual payout ratio?

The current annual payout ratio of CMI is 23.82%

What is the all-time high annual payout ratio for Cummins Inc.?

Cummins Inc. all-time high annual payout ratio is 364.92%

What is Cummins Inc. annual payout ratio year-on-year change?

Over the past year, CMI annual payout ratio has changed by -85.82% (-78.27%)

What is Cummins Inc. TTM payout ratio?

The current TTM payout ratio of CMI is 35.09%

What is the all-time high TTM payout ratio for Cummins Inc.?

Cummins Inc. all-time high TTM payout ratio is 5504.00%

What is CMI TTM payout ratio year-to-date change?

Cummins Inc. TTM payout ratio has changed by +10.24% (+41.21%) since the beginning of the year

What is Cummins Inc. TTM payout ratio year-on-year change?

Over the past year, CMI TTM payout ratio has changed by -10.45% (-22.95%)

What is Cummins Inc. quarterly payout ratio?

The current quarterly payout ratio of CMI is 27.05%

What is the all-time high quarterly payout ratio for Cummins Inc.?

Cummins Inc. all-time high quarterly payout ratio is 250.00%

What is Cummins Inc. quarterly payout ratio year-on-year change?

Over the past year, CMI quarterly payout ratio has changed by -3.54% (-11.57%)
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