# CUMMINS INC (CMI) MD&A by fiscal year

Verbatim Item 7 Management's Discussion and Analysis sections from CUMMINS INC's 10-K filings, one page per fiscal year. Extracted from SEC filings with the same bounded parser for every year. Filer text, not grepcent analysis or investment advice.

- [FY 2025 MD&A](/company/CMI/mda/fy2025/): filed 2026-02-10; accession 0000026172-26-000009 (https://www.sec.gov/Archives/edgar/data/26172/000002617226000009/cmi-20251231.htm); latest 10-K
- [FY 2024 MD&A](/company/CMI/mda/fy2024/): filed 2025-02-11; accession 0000026172-25-000007 (https://www.sec.gov/Archives/edgar/data/26172/000002617225000007/cmi-20241231.htm)
- [FY 2023 MD&A](/company/CMI/mda/fy2023/): filed 2024-02-12; accession 0000026172-24-000012 (https://www.sec.gov/Archives/edgar/data/26172/000002617224000012/cmi-20231231.htm)
- [FY 2022 MD&A](/company/CMI/mda/fy2022/): filed 2023-02-14; accession 0000026172-23-000005 (https://www.sec.gov/Archives/edgar/data/26172/000002617223000005/cmi-20221231.htm)
- [FY 2021 MD&A](/company/CMI/mda/fy2021/): filed 2022-02-08; accession 0000026172-22-000008 (https://www.sec.gov/Archives/edgar/data/26172/000002617222000008/cmi-20211231.htm)

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