In the process of ultrasonic vibration cutting (UVC), the acoustic performance parameters of ultrasonic machining system change because of systems heating up and cutting loads. The changes of acoustic performance parameters will affect resonant frequency, impedance, and power match of the ultrasonic machining system, and stability of the amplitude of UVC system. It is hard to monitor the acoustic performance parameters online. Based on the analysis of the correlation mechanism between transducer temperature and acoustic performance parameters, the correlation models between transducer temperature and resonance frequency, static capacitance, and dynamic resistance of ultrasonic vibration machining system are established by curve regression analysis modeling method. The acoustic performance parameters of an ultrasonic vibration machining system are determined by transducer temperature using the correlation models. The effectiveness of the model is verified by experiments. It gives the information for the stability evaluation of the ultrasonic vibration machining process, the dynamic impedance matching of the ultrasonic machining system, and the power matching adjustment of the ultrasonic power supply.