Cummins Inc. (CMI) · Company Summary

Next Earnings

November 1

Ex-Dividend Date

August 24

Dividend Date

September 7

Held by Insiders

0.42%

Held by Institutions

87.60%

Short % of Float

1.38%

YTD Yield

9.78%

3Y Yield

14.95%

Capital Structure

USD

•

in mil. unless spec.

Dec'22

Mar'23

Jun'23

ST Debt

3,357

3,343

2,611

LT Borrowings

4,498

4,409

5,089

LT Finance Leases

368

364

386

Preferred Equity and Hybrid Capital

- -

Shares Outstanding

141

142

Market Capitalization

34,236

33,816

34,726

Working Capital

USD

•

in mil. unless spec.

Dec'22

Mar'23

Jun'23

Total Current Assets

14,451

15,368

15,410

Cash, Cash Equivalents & STI

2,573

2,439

2,314

Accounts Receivable, Net

5,202

5,834

5,863

Inventories

5,603

5,878

6,026

Total Current Liabilities

11,421

11,923

11,045

Payables & Accruals

5,717

6,284

5,945

ST Debt

3,357

3,343

2,611

Deferred Revenue

1,004

1,040

1,017

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years

5 years

1 year

Sales/Revenue/Turnover

5.63%

7.54%

16.87%

Net Income, GAAP

7.66%

23.82%

0.94%

Free Cash Flow

9.87%

-4.18%

-28.84%

Total Cash Common Dividend

9.96%

4.06%

5.69%

Total Equity

4.10%

4.64%

8.77%

Quarterly Revenue

USD

•

in mil. unless spec.

Year

2021

6,092

6,111

5,968

5,850

24,021

2022

6,385

6,586

7,333

7,770

28,074

2023

8,453

8,638

- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

2021

4.10

4.14

3.72

2.76

14.74

2022

2.94

4.97

2.83

4.46

15.20

2023

5.58

5.08

- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

2021

1.34

1.36

1.44

1.46

5.59

2022

1.46

1.44

1.57

6.04

2023

1.57

- -

Company Description

CEO: Ms. Jennifer W. Rumsey
Full Time Employees: 73,600
Sector: Industrials
Industry: Specialty Industrial Machinery
Address: 500 Jackson Street Columbus IN United States 47202-3005
IPO Date: Feb 21, 1973
CIK: 0000026172
Website: www.cummins.com
Business: Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, electric and hybrid powertrains, and related components worldwide. It operates through five segments: Engine, Distribution, Components, Power Systems, and New Power. The company offers diesel and natural gas-powered engines under the Cummins and other customer brands for the heavy and medium-duty truck, bus, recreational vehicle, light-duty automotive, construction, mining, marine, rail, oil and gas, defense, and agricultural markets; and offers new parts and services, as well as remanufactured parts and engines. It also provides power generation systems, high-horsepower engines, heavy and medium duty engines, application engineering services, custom-designed assemblies, retail and wholesale aftermarket parts, and in-shop and field-based repair services. In addition, the company offers emission solutions; turbochargers; air and fuel filters, fuel water separators, lube and hydraulic filters, coolants, fuel additives, and other filtration systems; and electronic control modules, sensors, and supporting software, as well as new, replacement, and remanufactured fuel systems. Further, it provides automated transmissions; standby and prime power generators, controls, paralleling systems, and transfer switches, as well as A/C generator/alternator products under the Stamford and AVK brands; and electrified power systems with components and subsystems, including battery, fuel cell, and hydrogen production technologies. Additionally, it offers filtration, aftertreatment, controls systems, air handling systems, automated transmissions, electric power generation systems, and batteries. The company sells its products to original equipment manufacturers, distributors, dealers, and other customers. The company was formerly known as Cummins Engine Company and changed its name to Cummins Inc. in 2001. Cummins Inc. was founded in 1919 and is headquartered in Columbus, Indiana.

Company Description

CEO: Ms. Jennifer W. Rumsey
Full Time Employees: 73,600
Sector: Industrials
Industry: Specialty Industrial Machinery
Address: 500 Jackson Street Columbus IN United States 47202-3005
IPO Date: Feb 21, 1973
CIK: 0000026172
Website: www.cummins.com
Business: Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, electric and hybrid powertrains, and related components worldwide. It operates through five segments: Engine, Distribution, Components, Power Systems, and New Power. The company offers diesel and natural gas-powered engines under the Cummins and other customer brands for the heavy and medium-duty truck, bus, recreational vehicle, light-duty automotive, construction, mining, marine, rail, oil and gas, defense, and agricultural markets; and offers new parts and services, as well as remanufactured parts and engines. It also provides power generation systems, high-horsepower engines, heavy and medium duty engines, application engineering services, custom-designed assemblies, retail and wholesale aftermarket parts, and in-shop and field-based repair services. In addition, the company offers emission solutions; turbochargers; air and fuel filters, fuel water separators, lube and hydraulic filters, coolants, fuel additives, and other filtration systems; and electronic control modules, sensors, and supporting software, as well as new, replacement, and remanufactured fuel systems. Further, it provides automated transmissions; standby and prime power generators, controls, paralleling systems, and transfer switches, as well as A/C generator/alternator products under the Stamford and AVK brands; and electrified power systems with components and subsystems, including battery, fuel cell, and hydrogen production technologies. Additionally, it offers filtration, aftertreatment, controls systems, air handling systems, automated transmissions, electric power generation systems, and batteries. The company sells its products to original equipment manufacturers, distributors, dealers, and other customers. The company was formerly known as Cummins Engine Company and changed its name to Cummins Inc. in 2001. Cummins Inc. was founded in 1919 and is headquartered in Columbus, Indiana.

Company News

Dow Jones Newswires
a month ago
Cummins, Daimler Truck, Paccar Aim to Advance U.S. Battery-Cell Production
Investor's Business Daily
a month ago
Allison, Stock Of The Day, Eyes Buy Point Amid EV Challenge
The Wall Street Journal
2 months ago
AI Is Generating Security Risks Faster Than Companies Can Keep Up
Dow Jones Newswires
3 months ago
Cummins Names President, CEO Jennifer Rumsey to Added Chairman Post >CMI
Dow Jones Newswires
3 months ago
Cummins Inc. Increases Quarterly Common Stock Dividend >CMI
Barron's
4 months ago
Luminar Partners with Plus to Develop Self-Driving Tech for Big Rigs
MarketWatch.com
4 months ago
Cummins spinoff Atmus Filtration’s stock soars 14% in trading debut
Dow Jones Newswires
4 months ago
Faurecia to Sell Manufacturing Plants to Cummins
Barron's
5 months ago
Cummins' Goal for Its Filtration IPO? A Higher Multiple for the Stock.
The Wall Street Journal
5 months ago
Factory Boom in U.S. Boosts Sales of Excavators, Steel and Trucks
Barron's
5 months ago
Cummins Posts Record Earnings. Why the Stock Is Stalling.
Dow Jones Newswires
5 months ago
Cummins Raises 2023 Sales Outlook Based on Healthy Demand
Dow Jones Newswires
6 months ago
Walmart Teams With Cummins, Chevron to Put 15-Liter Renewable Natural Gas Engine on Road
Dow Jones Newswires
6 months ago
Cummins to Invest More Than $1 Billion in Engine Factories
Barron's
8 months ago
Cummins Is Positive on 2023 as Earnings Fall Short
Barron's
8 months ago
Cummins Is Positive on 2023 as Earnings Fall Short
Barron's
8 months ago
Stocks Poised to Fall
Barron's
8 months ago
Stocks Poised to Fall
The Wall Street Journal
a year ago
XPO Logistics Appoints CFO, Assembles Board
Barron's
a year ago
Indiana Abortion Law Has Eli Lilly, Cummins Rethinking Expansion There

Cummins Inc.

CMI US

223.90

Company Description

Cummins Inc.

CMI US

Company Description

Company News

223.90