What is the current annual payout ratio of CMI?

As of today, CMI annual payout ratio is 35.68%

What is 1-year change in CMI annual payout ratio?

CMI annual payout ratio is up +49.79% year-over-year

What is 3-year change in CMI annual payout ratio?

CMI annual payout ratio is down -8.91% over the past 3 years

How far is CMI annual payout ratio from its all-time high?

CMI annual payout ratio is currently -90.22% below its historical high of 364.92% set on December 1, 1983

How does CMI annual payout ratio rank versus sector peers?

CMI annual payout ratio is higher than 83.78% of companies in Industrials sector

When is CMI next annual earnings release?

As of today, the next annual earnings release for CMI has not been scheduled

What is CMI next ex-dividend date?

As of today, the next dividend for CMI has not been scheduled

What is the current TTM payout ratio of CMI?

As of today, CMI TTM payout ratio is 38.12%

What is CMI TTM payout ratio most recent change?

CMI TTM payout ratio remained unchanged on March 13, 2026

What is 1-year change in CMI TTM payout ratio?

CMI TTM payout ratio is up +50.37% year-over-year

How far is CMI TTM payout ratio from its all-time high?

CMI TTM payout ratio is currently -99.31% below its historical high of 5,504.00% set on June 25, 1999

How does CMI TTM payout ratio rank versus sector peers?

CMI TTM payout ratio is higher than 86.38% of companies in Industrials sector

When is CMI next earnings release?

The next earnings release for CMI is on May 4, 2026

What is CMI next ex-dividend date?

As of today, the next dividend for CMI has not been scheduled

What is the current quarterly payout ratio of CMI?

As of today, CMI quarterly payout ratio is 44.68%

What is CMI quarterly payout ratio most recent change?

CMI quarterly payout ratio was down -9.50% on December 31, 2025

What is 1-year change in CMI quarterly payout ratio?

CMI quarterly payout ratio is down -20.47% year-over-year

How far is CMI quarterly payout ratio from its all-time high?

CMI quarterly payout ratio is currently -82.13% below its historical high of 250.00% set on March 29, 2009

How does CMI quarterly payout ratio rank versus sector peers?

CMI quarterly payout ratio is higher than 89.73% of companies in Industrials sector

When is CMI next earnings release?

The next earnings release for CMI is on May 4, 2026

What is CMI next ex-dividend date?

As of today, the next dividend for CMI has not been scheduled

Cummins Inc. (CMI) Payout Ratio History & Chart Since 1980

Annual Payout Ratio

35.68%11.86%+49.79%

December 31, 2025

Summary

Current Value: As of today, CMI annual payout ratio is 35.68%, up +49.79% on December 31, 2025
Historical Performance: CMI annual payout ratio is down -8.91% over the past 3 years, down -17.37% over the past 5 years
All-Time High Comparison: CMI annual payout ratio is currently -90.22% below its historical high of 364.92% set on December 1, 1983
3-Year Low Comparison: CMI annual payout ratio is +49.79% above its 3-year low of 23.82% reached on December 31, 2024
Sector Comparison: CMI annual payout ratio is higher than 83.78% of companies in Industrials sector

Payout Ratio Chart

Performance

CMI Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
	Dec 31, 25	35.68%	+49.8%	-8.9%	-17.4%	+136.4%
	Dec 31, 25	44.68%	-20.5%	+29.6%	+13.9%	+235.9%
	Mar 13, 26	38.12%	+50.4%	-6.5%	-9.4%	+109.2%
Price	Mar 13, 26	$535.71	+71.2%	+126.8%	+95.6%	+442.6%
Annual Dividend Yield	Mar 13, 26	1.43%	-36.2%	-44.1%	-25.9%	+60.7%
	Dec 31, 25	$1.06B	+8.9%	+23.4%	+34.9%	+513.4%
Annual Dividend Per Share	Dec 31, 25	$7.64	+9.1%	+26.5%	+44.6%	+773.1%
	Dec 31, 25	$2.39B	+755.2%	+128.1%	+11.1%	+298.3%
Annual Revenue	Dec 31, 25	$33.67B	-1.3%	+19.9%	+70.0%	+154.5%
Annual EPS	Dec 31, 25	$20.50	-27.7%	+35.6%	+70.7%	+288.6%

Payout Ratio Highs

CMI Annual Payout Ratio Highs Comparison
Period	High	Date	Current
3Y	109.64%	Dec 31, 23	-67.5%
5Y	109.64%	Dec 31, 23	-67.5%
All	364.92%	Dec 1, 83	-90.2%

Payout Ratio Lows

CMI Annual Payout Ratio Lows Comparison
Period	Low	Date	Current
3Y	23.82%	Dec 31, 24	+49.8%
5Y	23.82%	Dec 31, 24	+49.8%
All	-2,029.08%	Dec 31, 89	+101.8%

Payout Ratio History

Year	Value	Change
2025	35.68%	+49.8%
2024	23.82%	-78.3%
2023	109.64%	+179.9%
2022	39.17%	+4.8%
2021	37.38%	-13.4%
2020	43.18%	+28.7%
2019	33.55%	+2.2%
2018	32.83%	-53.4%
2017	70.52%	+51.9%
2016	46.43%	+9.7%
2015	42.31%	+43.5%
2014	29.49%	+11.5%
2013	26.45%	+35.2%
2012	19.56%	+49.3%
2011	13.10%	-13.2%
2010	15.09%	-48.2%
2009	29.13%	+95.4%
2008	14.91%	+32.1%
2007	11.29%	+29.9%
2006	8.69%	-9.8%
2005	9.63%	-31.7%
2004	14.10%	-80.8%
2003	73.53%	+39.7%

Year	Value	Change
2002	52.63%	+180.0%
2001	-65.79%	-128.9%
2000	227.27%	+702.8%
1999	28.31%	+106.2%
1998	-460.00%	-2,266.7%
1997	21.23%	-15.1%
1996	25.00%	+40.0%
1995	17.86%	+73.7%
1994	10.28%	+25.2%
1993	8.21%	-51.0%
1992	16.74%	+157.0%
1991	-29.39%	-19.9%
1990	-24.52%	+98.8%
1989	-2,029.08%	-3,798.3%
1988	-52.05%	-130.4%
1987	171.29%	+931.1%
1986	-20.61%	-149.4%
1985	41.73%	+301.3%
1984	10.40%	-97.2%
1983	364.92%	+23.6%
1982	295.35%	+1,514.8%
1981	18.29%	+113.3%
1980	-137.19%	-

FAQ

What is the current annual payout ratio of CMI?
As of today, CMI annual payout ratio is 35.68%
What is 1-year change in CMI annual payout ratio?
CMI annual payout ratio is up +49.79% year-over-year
What is 3-year change in CMI annual payout ratio?
CMI annual payout ratio is down -8.91% over the past 3 years
How far is CMI annual payout ratio from its all-time high?
CMI annual payout ratio is currently -90.22% below its historical high of 364.92% set on December 1, 1983
How does CMI annual payout ratio rank versus sector peers?
CMI annual payout ratio is higher than 83.78% of companies in Industrials sector
When is CMI next annual earnings release?
As of today, the next annual earnings release for CMI has not been scheduled
What is CMI next ex-dividend date?
As of today, the next dividend for CMI has not been scheduled

TTM Payout Ratio

38.12%0.00%0.00%

March 13, 2026

Summary

Current Value: As of today, CMI TTM payout ratio is 38.12%, unchanged on March 13, 2026
Historical Performance: CMI TTM payout ratio is up +50.37% year-over-year, down -6.45% over the past 3 years
All-Time High Comparison: CMI TTM payout ratio is currently -99.31% below its historical high of 5,504.00% set on June 25, 1999
3-Year Low Comparison: CMI TTM payout ratio is +53.40% above its 3-year low of 24.85% reached on December 31, 2024
Sector Comparison: CMI TTM payout ratio is higher than 86.38% of companies in Industrials sector

Performance

CMI Performance
Metric	Date	Value	3M	1Y	3Y	5Y
	Mar 13, 26	38.12%	-3.9%	+50.4%	-6.5%	-9.4%
	Dec 31, 25	44.68%	-9.5%	-20.5%	+29.6%	+13.9%
	Dec 31, 25	35.68%	–	+49.8%	-8.9%	-17.4%
Price	Mar 13, 26	$535.71	+5.0%	+71.2%	+126.8%	+95.6%
TTM Dividend Yield	Mar 13, 26	1.46%	-2.7%	-36.0%	-44.1%	-24.7%
	Dec 31, 25	$1.06B	+2.6%	+8.9%	+23.4%	+34.9%
TTM Dividend Per Share	Mar 13, 26	$7.82	+2.4%	+9.5%	+26.9%	+46.9%
	Dec 31, 25	$2.39B	+4.7%	+755.2%	+128.1%	+11.1%
TTM Revenue	Dec 31, 25	$33.67B	+0.3%	-1.3%	+19.9%	+70.0%
TTM EPS	Dec 31, 25	$20.51	+6.5%	-27.2%	+35.7%	+71.0%

TTM Payout Ratio Highs

CMI TTM Payout Ratio Highs Comparison
Period	High	Date	Current
1Y	39.66%	Nov 20, 25	-3.9%
3Y	129.36%	Feb 21, 24	-70.5%
5Y	129.36%	Feb 21, 24	-70.5%
All	5,504.00%	Jun 25, 99	-99.3%

TTM Payout Ratio Lows

CMI TTM Payout Ratio Lows Comparison
Period	Low	Date	Current
1Y	25.35%	Mar 13, 25	+50.4%
3Y	24.85%	Dec 31, 24	+53.4%
5Y	24.85%	Dec 31, 24	+53.4%
All	-1,100.80%	Mar 26, 99	+103.5%

TTM Payout Ratio History

Month	Value	Change
Mar 2026	38.12%	+2.3%
Dec 2025	37.25%	-3.8%
Sep 2025	38.72%	+13.1%
Jun 2025	34.24%	-3.6%
Mar 2025	35.52%	+42.9%
Dec 2024	24.85%	-45.4%
Sep 2024	45.54%	-6.5%
Jun 2024	48.70%	+0.1%
Mar 2024	48.65%	-61.8%
Dec 2023	127.21%	+290.8%
Sep 2023	32.55%	-7.5%
Jun 2023	35.18%	+1.3%
Mar 2023	34.72%	-13.1%
Dec 2022	39.96%	-9.4%
Sep 2022	44.13%	+8.7%
Jun 2022	40.59%	-4.3%
Mar 2022	42.41%	+10.5%
Dec 2021	38.39%	+6.1%
Sep 2021	36.17%	+0.4%
Jun 2021	36.02%	-14.4%
Mar 2021	42.07%	-4.5%
Dec 2020	44.03%	-10.9%
Sep 2020	49.42%	+5.7%
Jun 2020	46.74%	+25.5%
Mar 2020	37.23%	+9.5%
Dec 2019	34.00%	+52.3%
Sep 2019	22.33%	+7.0%
Jun 2019	20.87%	-4.1%
Mar 2019	21.77%	-13.0%
Dec 2018	25.02%	-54.9%
Sep 2018	55.45%	-18.7%
Jun 2018	68.20%	-11.3%
Mar 2018	76.93%	+8.5%
Dec 2017	70.88%	+68.0%
Sep 2017	42.20%	-8.9%
Jun 2017	46.32%	-0.2%
Mar 2017	46.41%	-4.4%
Dec 2016	48.57%	-15.1%
Sep 2016	57.22%	+7.5%
Jun 2016	53.23%	+8.4%
Mar 2016	49.09%	+9.4%
Dec 2015	44.89%	+26.5%
Sep 2015	35.48%	+8.2%
Jun 2015	32.78%	+3.1%
Mar 2015	31.78%	+2.0%
Dec 2014	31.15%	+4.4%
Sep 2014	29.84%	+1.3%
Jun 2014	29.46%	+2.4%
Mar 2014	28.78%	+1.3%
Dec 2013	28.42%	+1.0%
Sep 2013	28.14%	+5.7%
Jun 2013	26.63%	+9.0%
Mar 2013	24.43%	+17.7%
Dec 2012	20.76%	+17.0%
Sep 2012	17.75%	+11.6%
Jun 2012	15.91%	+10.9%
Mar 2012	14.35%	+3.5%
Dec 2011	13.87%	-0.3%
Sep 2011	13.91%	+1.1%
Jun 2011	13.76%	-10.2%
Mar 2011	15.32%	-7.5%
Dec 2010	16.57%	+0.9%
Sep 2010	16.42%	-10.0%
Jun 2010	18.25%	-25.1%
Mar 2010	24.37%	-24.9%
Dec 2009	32.43%	-52.8%
Sep 2009	68.75%	+67.3%
Jun 2009	41.10%	+84.0%
Mar 2009	22.34%	+43.0%
Dec 2008	15.62%	+31.4%
Sep 2008	11.89%	+4.2%
Jun 2008	11.41%	-3.0%
Mar 2008	11.76%	-8.6%
Dec 2007	12.86%	+6.7%
Sep 2007	12.05%	+7.2%
Jun 2007	11.24%	+5.3%
Mar 2007	10.67%	+15.0%
Dec 2006	9.28%	+1.1%

Month	Value	Change
Sep 2006	9.18%	+0.8%
Jun 2006	9.11%	-11.7%
Mar 2006	10.32%	-6.9%
Dec 2005	11.09%	-7.7%
Sep 2005	12.02%	-4.4%
Jun 2005	12.57%	-11.2%
Mar 2005	14.16%	-13.5%
Dec 2004	16.37%	-16.8%
Sep 2004	19.67%	-29.7%
Jun 2004	27.97%	-33.1%
Mar 2004	41.81%	-54.0%
Dec 2003	90.91%	-6.1%
Sep 2003	96.77%	+29.8%
Jun 2003	74.53%	-0.6%
Mar 2003	75.00%	+2.5%
Dec 2002	73.17%	-62.2%
Sep 2002	193.55%	+141.9%
Jun 2002	-461.54%	-949.9%
Mar 2002	-43.96%	+2.5%
Dec 2001	-45.11%	-121.8%
Sep 2001	-20.34%	+9.8%
Jun 2001	-22.56%	+70.7%
Mar 2001	-76.92%	-113.5%
Dec 2000	571.43%	+1,814.3%
Sep 2000	29.85%	+19.6%
Jun 2000	24.95%	-0.4%
Mar 2000	25.06%	-8.0%
Dec 1999	27.25%	+4.7%
Sep 1999	26.02%	-99.5%
Jun 1999	5,504.00%	+600.0%
Mar 1999	-1,100.80%	-450.0%
Dec 1998	-200.15%	-165.5%
Sep 1998	305.78%	+1,177.8%
Jun 1998	23.93%	0.0%
Mar 1998	23.93%	+21.9%
Dec 1997	19.63%	-9.4%
Sep 1997	21.66%	-12.5%
Jun 1997	24.76%	-4.4%
Mar 1997	25.91%	+3.9%
Dec 1996	24.94%	+0.5%
Sep 1996	24.81%	+11.7%
Jun 1996	22.22%	+13.1%
Mar 1996	19.65%	+8.3%
Dec 1995	18.15%	+11.4%
Sep 1995	16.29%	+20.6%
Jun 1995	13.51%	+14.7%
Mar 1995	11.78%	+14.7%
Dec 1994	10.27%	+16.0%
Sep 1994	8.85%	+15.7%
Jun 1994	7.65%	+24.8%
Mar 1994	6.13%	+41.2%
Dec 1993	4.34%	+269.5%
Sep 1993	-2.56%	-15.3%
Jun 1993	-2.22%	-13.8%
Mar 1993	-1.95%	-16.1%
Dec 1992	-1.68%	-119.5%
Sep 1992	8.62%	-79.5%
Jun 1992	42.00%	+529.0%
Mar 1992	-9.79%	+30.8%
Dec 1991	-14.15%	-71.9%
Sep 1991	-8.23%	+14.0%
Jun 1991	-9.57%	+29.1%
Mar 1991	-13.49%	+17.5%
Dec 1990	-16.36%	+64.8%
Sep 1990	-46.45%	0.0%
Jun 1990	-46.45%	+33.3%
Mar 1990	-69.67%	+32.9%
Dec 1989	-103.85%	>-9,900.0%
Dec 1988	0.00%	0.0%
Dec 1987	0.00%	0.0%
Dec 1986	0.00%	0.0%
Dec 1985	0.00%	0.0%
Dec 1984	0.00%	0.0%
Dec 1983	0.00%	0.0%
Dec 1982	0.00%	0.0%
Dec 1981	0.00%	0.0%
Dec 1980	0.00%	-

FAQ

What is the current TTM payout ratio of CMI?
As of today, CMI TTM payout ratio is 38.12%
What is CMI TTM payout ratio most recent change?
CMI TTM payout ratio remained unchanged on March 13, 2026
What is 1-year change in CMI TTM payout ratio?
CMI TTM payout ratio is up +50.37% year-over-year
How far is CMI TTM payout ratio from its all-time high?
CMI TTM payout ratio is currently -99.31% below its historical high of 5,504.00% set on June 25, 1999
How does CMI TTM payout ratio rank versus sector peers?
CMI TTM payout ratio is higher than 86.38% of companies in Industrials sector
When is CMI next earnings release?
The next earnings release for CMI is on May 4, 2026
What is CMI next ex-dividend date?
As of today, the next dividend for CMI has not been scheduled

Quarterly Payout Ratio

44.68%4.69%-9.50%

December 31, 2025

Summary

Current Value: As of today, CMI quarterly payout ratio is 44.68%, down -9.50% on December 31, 2025
Historical Performance: CMI quarterly payout ratio is down -20.47% year-over-year, up +29.62% over the past 3 years
All-Time High Comparison: CMI quarterly payout ratio is currently -82.13% below its historical high of 250.00% set on March 29, 2009
3-Year Low Comparison: CMI quarterly payout ratio is +361.44% above its 3-year low of -17.09% reached on December 31, 2023
Sector Comparison: CMI quarterly payout ratio is higher than 89.73% of companies in Industrials sector

Performance

CMI Performance
Metric	Date	Value	3M	1Y	3Y	5Y
	Dec 31, 25	44.68%	-9.5%	-20.5%	+29.6%	+13.9%
	Dec 31, 25	35.68%	–	+49.8%	-8.9%	-17.4%
	Mar 13, 26	38.12%	-3.9%	+50.4%	-6.5%	-9.4%
Price	Mar 13, 26	$535.71	+5.0%	+71.2%	+126.8%	+95.6%
TTM Dividend Yield	Mar 13, 26	1.46%	-2.7%	-36.0%	-44.1%	-24.7%
	Dec 31, 25	$277.00M	+0.4%	+10.8%	+24.8%	+38.5%
TTM Dividend Per Share	Mar 13, 26	$7.82	+2.4%	+9.5%	+26.9%	+46.9%
	Dec 31, 25	$990.00M	-1.7%	+12.2%	+148.7%	+14.1%
Quarterly Revenue	Dec 31, 25	$8.54B	+2.6%	+1.1%	+9.9%	+46.4%
Quarterly EPS	Dec 31, 25	$4.27	+10.5%	+41.3%	-3.8%	+27.1%

Quarterly Payout Ratio Highs

CMI Quarterly Payout Ratio Highs Comparison
Period	High	Date	Current
1Y	56.18%	N/A	-20.5%
3Y	56.18%	Dec 31, 24	-20.5%
5Y	56.18%	Dec 31, 24	-20.5%
All	250.00%	Mar 29, 09	-82.1%

Quarterly Payout Ratio Lows

CMI Quarterly Payout Ratio Lows Comparison
Period	Low	Date	Current
1Y	27.05%	Jun 30, 25	+65.2%
3Y	-17.09%	Dec 31, 23	+361.4%
5Y	-17.09%	Dec 31, 23	+361.4%
All	-117.39%	Dec 31, 91	+138.1%

Quarterly Payout Ratio History

Month	Value	Change
Dec 2025	44.68%	-9.5%
Sep 2025	49.37%	+82.5%
Jun 2025	27.05%	-8.4%
Mar 2025	29.53%	-47.4%
Dec 2024	56.18%	+89.4%
Sep 2024	29.66%	-3.0%
Jun 2024	30.59%	+159.5%
Mar 2024	11.79%	+169.0%
Dec 2023	-17.09%	-149.6%
Sep 2023	34.49%	+14.0%
Jun 2023	30.26%	+9.9%
Mar 2023	27.54%	-20.1%
Dec 2022	34.47%	-36.5%
Sep 2022	54.28%	+88.1%
Jun 2022	28.85%	-41.1%
Mar 2022	48.94%	-5.9%
Dec 2021	52.00%	+35.9%
Sep 2021	38.26%	+18.9%
Jun 2021	32.19%	-0.2%
Mar 2021	32.24%	-17.8%
Dec 2020	39.22%	+1.9%
Sep 2020	38.49%	-46.4%
Jun 2020	71.75%	+94.3%
Mar 2020	36.93%	-44.7%
Dec 2019	66.78%	+101.6%
Sep 2019	33.12%	+26.8%
Jun 2019	26.13%	-2.4%
Mar 2019	26.76%	-9.8%
Dec 2018	29.67%	+13.8%
Sep 2018	26.07%	-18.4%
Jun 2018	31.95%	-41.7%
Mar 2018	54.77%	+194.5%
Dec 2017	-57.93%	-247.9%
Sep 2017	39.17%	+0.4%
Jun 2017	39.00%	-7.6%
Mar 2017	42.22%	-2.2%
Dec 2016	43.18%	-24.7%
Sep 2016	57.33%	+50.2%
Jun 2016	38.17%	-25.2%
Mar 2016	51.05%	-46.6%
Dec 2015	95.51%	+117.7%
Sep 2015	43.88%	+55.4%
Jun 2015	28.23%	-18.5%
Mar 2015	34.65%	+13.9%
Dec 2014	30.41%	-5.3%
Sep 2014	32.12%	+33.0%
Jun 2014	24.15%	-24.8%
Mar 2014	32.12%	+28.7%
Dec 2013	24.95%	-19.6%
Sep 2013	31.02%	+45.5%
Jun 2013	21.32%	-30.0%
Mar 2013	30.45%	+28.9%
Dec 2012	23.62%	-7.0%
Sep 2012	25.41%	+67.7%
Jun 2012	15.15%	-6.5%
Mar 2012	16.21%	+20.4%
Dec 2011	13.46%	-16.4%
Sep 2011	16.10%	+69.5%
Jun 2011	9.50%	-32.0%
Mar 2011	13.97%	+5.0%
Dec 2010	13.30%	-17.8%
Sep 2010	16.18%	+24.8%
Jun 2010	12.96%	-37.1%
Mar 2010	20.59%	+70.6%
Dec 2009	12.07%	-62.1%
Sep 2009	31.82%	-38.1%
Jun 2009	51.43%	-79.4%
Mar 2009	250.00%	+309.7%
Dec 2008	61.02%	+330.6%
Sep 2008	14.17%	+68.9%
Jun 2008	8.39%	-32.2%
Mar 2008	12.38%	+1.4%

Month	Value	Change
Dec 2007	12.21%	-4.8%
Sep 2007	12.82%	+53.9%
Jun 2007	8.33%	-33.4%
Mar 2007	12.50%	+33.8%
Dec 2006	9.34%	-10.9%
Sep 2006	10.48%	+73.8%
Jun 2006	6.03%	-38.6%
Mar 2006	9.82%	+26.1%
Dec 2005	7.79%	-15.2%
Sep 2005	9.19%	-2.0%
Jun 2005	9.38%	-32.6%
Mar 2005	13.92%	+39.2%
Dec 2004	10.00%	-12.9%
Sep 2004	11.48%	-23.2%
Jun 2004	14.94%	-57.5%
Mar 2004	35.14%	+40.6%
Dec 2003	25.00%	-43.7%
Sep 2003	44.44%	-28.2%
Jun 2003	61.90%	+208.3%
Mar 2003	-57.14%	-319.8%
Dec 2002	26.00%	+5.5%
Sep 2002	24.64%	-56.4%
Jun 2002	56.52%	+194.2%
Mar 2002	-60.00%	-150.8%
Dec 2001	118.18%	+28.0%
Sep 2001	92.31%	+653.7%
Jun 2001	-16.67%	+69.4%
Mar 2001	-54.55%	-391.0%
Dec 2000	-11.11%	-127.8%
Sep 2000	40.00%	+96.9%
Jun 2000	20.31%	-23.8%
Mar 2000	26.67%	-40.0%
Dec 1999	44.44%	+100.0%
Sep 1999	22.22%	+19.2%
Jun 1999	18.64%	-59.6%
Mar 1999	46.15%	+30.1%
Dec 1998	35.48%	+419.4%
Sep 1998	-11.11%	-157.6%
Jun 1998	19.30%	-83.9%
Mar 1998	120.00%	+598.1%
Dec 1997	17.19%	-22.6%
Sep 1997	22.22%	-1.9%
Jun 1997	22.64%	-7.2%
Mar 1997	24.39%	0.0%
Dec 1996	24.39%	-36.6%
Sep 1996	38.46%	+69.2%
Jun 1996	22.73%	+11.4%
Mar 1996	20.41%	-14.3%
Dec 1995	23.81%	+9.5%
Sep 1995	21.74%	+50.0%
Jun 1995	14.49%	-2.9%
Mar 1995	14.93%	+0.8%
Dec 1994	14.81%	+76.3%
Sep 1994	8.40%	+7.0%
Jun 1994	7.85%	-17.5%
Mar 1994	9.52%	-29.9%
Dec 1993	13.59%	+97.5%
Sep 1993	6.88%	+14.3%
Jun 1993	6.02%	-14.7%
Mar 1993	7.06%	+799.0%
Dec 1992	-1.01%	-106.1%
Sep 1992	16.48%	-53.9%
Jun 1992	35.71%	+9.7%
Mar 1992	32.56%	+127.7%
Dec 1991	-117.39%	-394.7%
Sep 1991	-23.73%	-51.1%
Jun 1991	-15.70%	+47.2%
Mar 1991	-29.74%	-361.8%
Dec 1990	-6.44%	+72.1%
Sep 1990	-23.12%	-113.8%
Jun 1990	167.21%	+50.3%
Mar 1990	111.24%	-

FAQ

What is the current quarterly payout ratio of CMI?
As of today, CMI quarterly payout ratio is 44.68%
What is CMI quarterly payout ratio most recent change?
CMI quarterly payout ratio was down -9.50% on December 31, 2025
What is 1-year change in CMI quarterly payout ratio?
CMI quarterly payout ratio is down -20.47% year-over-year
How far is CMI quarterly payout ratio from its all-time high?
CMI quarterly payout ratio is currently -82.13% below its historical high of 250.00% set on March 29, 2009
How does CMI quarterly payout ratio rank versus sector peers?
CMI quarterly payout ratio is higher than 89.73% of companies in Industrials sector
When is CMI next earnings release?
The next earnings release for CMI is on May 4, 2026
What is CMI next ex-dividend date?
As of today, the next dividend for CMI has not been scheduled

Payout Ratio Formula

Payout Ratio =

Dividend Per Share

EPS

× 100%

Data Sources & References

CMI Official Website www.cummins.com
Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/26172/000002617226000004/0000026172-26-000004-index.htm
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/26172/000002617226000009/0000026172-26-000009-index.htm
CMI Profile on Yahoo Finance finance.yahoo.com/quote/CMI
CMI Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/cmi