Company / Income Tax
Cummins Income Tax History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Income Tax
$1.0B
FY2025
5-year range
$587.0M / $1.0B
FY2021-FY2025
Trend
+20.5%
vs FY2024
Sector context
#10 of 346
Industrials
What the data says
Among 346 Industrials companies, Cummins is in the bottom 3% for income tax. Income Tax has increased for 5 consecutive years, from $527M in FY2020 to $1.0B in FY2025.
Based on SEC 10-K filings.
$1.0B in FY2025 with a 5-year CAGR of +13.8%. Top quartile in the Industrials sector.
Increased from $786M to $1.0B over the past 2 years.
Industrials sector context is included.
Income Tax over time
Growth rates
- 3-Year CAGR
- +16.5%
- 5-Year CAGR
- +13.8%
- 10-Year CAGR
- -
Sector benchmark
Bottom 3% in IndustrialsTop 97% of 346This company $1.0B Sector average $126.0M
▼
+698.2% above sector average
Key checks
Key Insights
- Cummins's income tax has grown for 5 consecutive years.
- 5-year CAGR of +13.8%, indicating consistent growth.
- In FY2025, income tax increased 20.5% year-over-year.
- Ranks #10 out of 346 companies in the Industrials sector.
Company context
Key Data Points
- Strong return on equity: 23.1%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Income TaxValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $1.0B | +20.5% |
| FY2024 | $835.0M | +6.2% |
| FY2023 | $786.0M | +23.6% |
| FY2022 | $636.0M | +8.3% |
| FY2021 | $587.0M | +11.4% |
| FY2020 | $527.0M | -6.9% |
| FY2019 | $566.0M | +0.0% |
| FY2018 | $566.0M | -58.7% |
| FY2017 | $1.4B | +189.2% |
| FY2016 | $474.0M | -14.6% |
As of FY2025 · SEC 10-K · Updated Mar 8, 2026