CMI Debt-to-Equity Ratio Analysis
Updated 57h ago·SEC filings & market data
Key Takeaway
The debt-to-equity ratio compares a company’s total liabilities to shareholders’ equity, showing how much debt it uses to finance assets relative to owner capital.
Sector Performance
42th percentileCMI
0.62x
Sector Median
0.74x
Sector Avg
2.51x
Prior Period
0.60x(Aug 2026)
Deep Analysis
The debt-to-equity ratio compares a company’s total liabilities to shareholders’ equity, showing how much debt it uses to finance assets relative to owner capital.
At 0.62x, CMI carries $0.62 of debt for every $1.00 of equity, a level below the sector median of 0.74x, placing it in the 43rd percentile among peers. The metric is stable over the last eight quarters, with the latest reading of 0.62x up only 3.3% from the prior quarter’s 0.60x; a year-over-year change is not available. That combination — a moderate debt load that is neither rising nor falling sharply — implies limited financial risk from leverage, but also no clear advantage over peers that use more or less debt. This level and trend support the overall NEUTRAL verdict, as the ratio neither signals a red flag nor points to a distinctive opportunity.
Frequently Asked Questions
What does the Debt-to-Equity Ratio tell investors about CMI?
Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.
How is the Debt-to-Equity Ratio calculated?
Debt-to-Equity Ratio is calculated as: Total Debt / Shareholders' Equity.
Who are CMI's closest peers by Debt-to-Equity Ratio?
The closest peers by Debt-to-Equity Ratio include: TAP (0.76x), PCAR (0.72x), O (0.78x), PRU (0.78x), KIM (0.85x).
Learn More About Debt-to-Equity Ratio
How to Spot a Debt Problem Before It Hits the Stock Price
Learn how to spot a debt problem in stocks using D/E, interest coverage, and net debt/EBITDA ratios. Real examples from META and MSFT, plus danger thresholds you need to know.
Debt/Equity Ratio: How Much Debt Is Too Much?
The debt to equity ratio explained: why context, interest coverage, and sector norms matter far more than the raw number when assessing debt risk.
The Formula
Total Debt / Shareholders' Equity
Why It Matters
Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.
Master CMI's Valuation
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0.62x
Sector Median
0.74x
Sector Avg
2.51x
How CMI's Debt-to-Equity Ratio compares to sector peers.
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Not financial advice. Research tool only. Data may be delayed.