cummins inc. - CMI

CMI

Close Chg Chg %
313.84 -0.40 -0.13%

Closed Market

313.44

-0.40 (0.13%)

Volume: 1.24M

Last Updated:

Mar 31, 2025, 3:59 PM EDT

Company Overview: cummins inc. - CMI

CMI Key Data

Open

$307.93

Day Range

304.54 - 315.20

52 Week Range

261.60 - 387.90

Market Cap

$43.17B

Shares Outstanding

137.48M

Public Float

135.15M

Beta

1.00

Rev. Per Employee

N/A

P/E Ratio

11.07

EPS

$28.34

Yield

227.37%

Dividend

$1.82

EX-DIVIDEND DATE

Feb 21, 2025

SHORT INTEREST

N/A

AVERAGE VOLUME

995.74K

 

CMI Performance

1 Week
 
-2.51%
 
1 Month
 
-14.71%
 
3 Months
 
-9.92%
 
1 Year
 
6.57%
 
5 Years
 
137.41%
 

CMI Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 23
Full Ratings ➔

About cummins inc. - CMI

Cummins, Inc. engages in the design, manufacture, and distribution of diesel, natural gas, electric and hybrid powertrains and powertrain-related components including filtration, aftertreatment, turbochargers, fuel systems, valvetrain technologies, controls systems, air handling systems, automated transmissions, axles, drivelines, brakes, suspension systems, electric power generation systems, batteries, electrified power systems, hydrogen production technologies, and fuel cell products. It operates through the following segments: Engine, Distribution, Components, Power Systems, and Accelera. The Engine segment manufactures and markets diesel and natural gas-powered engines under the Cummins brand name, for the heavy- and medium-duty truck, bus, recreational vehicle, light-duty automotive, construction, mining, marine, rail, oil and gas, defense, and agricultural markets. The Distribution segment includes power generation systems, high-horsepower engines, heavy-duty and medium-duty engines designed for on- and off-highway use, application engineering services, custom-designed assemblies, retail and wholesale aftermarket parts, and in-shop and field-based repair service. The Components segment supplies products including axles, drivelines, brakes and suspension systems for commercial diesel and natural gas applications, aftertreatment systems, turbochargers, fuel systems, valvetrain technologies, filtration products, automated transmissions, and electronics. The Power Systems segment engages in power generation, industrial, and generator technologies. The Accelera segment designs, manufactures, sells, and supports hydrogen production technologies, as well as electrified power systems, including battery, fuel cell, and electric powertrain technologies. The company was founded by Clessie Lyle Cummins and William Glanton Irwin on February 3, 1919 and is headquartered in Columbus, IN.

CMI At a Glance

Cummins, Inc.
500 Jackson Street
Columbus, Indiana 47202-3005
Phone 1-812-377-5000 Revenue 34.10B
Industry Auto Parts: OEM Net Income 3.95B
Sector Producer Manufacturing 2024 Sales Growth 0.159%
Fiscal Year-end 12 / 2025 Employees 69,600
View SEC Filings

CMI Valuation

P/E Current 11.563
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 12.288
Price to Sales Ratio 1.422
Price to Book Ratio 4.663
Price to Cash Flow Ratio 32.61
Enterprise Value to EBITDA 11.839
Enterprise Value to Sales 1.609
Total Debt to Enterprise Value 0.138

CMI Efficiency

Revenue/Employee 489,971.264
Income Per Employee 56,695.402
Receivables Turnover 6.178
Total Asset Turnover 1.073

CMI Liquidity

Current Ratio 1.313
Quick Ratio 0.802
Cash Ratio 0.202

CMI Profitability

Gross Margin 24.359
Operating Margin 10.466
Pretax Margin 14.377
Net Margin 11.571
Return on Assets 12.42
Return on Equity 41.274
Return on Total Capital 22.083
Return on Invested Capital 26.762

CMI Capital Structure

Total Debt to Total Equity 73.975
Total Debt to Total Capital 42.521
Total Debt to Total Assets 24.09
Long-Term Debt to Equity 50.56
Long-Term Debt to Total Capital 29.062
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Cummins Inc. - CMI

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
24.02B 28.07B 34.05B 34.10B
Sales Growth
+21.25% +16.87% +21.28% +0.16%
Cost of Goods Sold (COGS) incl D&A
18.35B 21.43B 25.95B 25.80B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
662.00M 784.00M 1.02B 1.06B
Depreciation
518.00M 561.00M 700.00M 741.00M
Amortization of Intangibles
144.00M 223.00M 324.00M 324.00M
COGS Growth
+22.82% +16.77% +21.12% -0.59%
Gross Income
5.67B 6.65B 8.10B 8.31B
Gross Income Growth
+16.44% +17.20% +21.81% +2.57%
Gross Profit Margin
+23.62% +23.68% +23.79% +24.36%
2021 2022 2023 2024 5-year trend
SG&A Expense
3.46B 3.96B 4.83B 4.74B
Research & Development
1.09B 1.28B 1.50B 1.46B
Other SG&A
2.37B 2.69B 3.33B 3.27B
SGA Growth
+14.29% +14.46% +21.89% -1.97%
Other Operating Expense
- - - -
-
Unusual Expense
12.00M 106.00M 2.03B 130.00M
EBIT after Unusual Expense
2.20B 2.58B 1.24B 3.44B
Non Operating Income/Expense
665.00M 440.00M 762.00M 1.83B
Non-Operating Interest Income
25.00M 49.00M 95.00M 87.00M
Equity in Earnings of Affiliates
506.00M 349.00M 483.00M 395.00M
Interest Expense
111.00M 199.00M 375.00M 370.00M
Interest Expense Growth
-5.13% +79.28% +88.44% -1.33%
Gross Interest Expense
113.00M 204.00M 383.00M 387.00M
Interest Capitalized
2.00M 5.00M 8.00M 17.00M
Pretax Income
2.75B 2.82B 1.63B 4.90B
Pretax Income Growth
+17.66% +2.47% -42.32% +201.54%
Pretax Margin
+11.45% +10.04% +4.78% +14.38%
Income Tax
587.00M 636.00M 786.00M 835.00M
Income Tax - Current - Domestic
261.00M 425.00M 611.00M 433.00M
Income Tax - Current - Foreign
319.00M 485.00M 632.00M 611.00M
Income Tax - Deferred - Domestic
(12.00M) (229.00M) (468.00M) (241.00M)
Income Tax - Deferred - Foreign
19.00M (45.00M) 11.00M 32.00M
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
506.00M 349.00M 483.00M 395.00M
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
2.16B 2.18B 840.00M 4.07B
Minority Interest Expense
33.00M 32.00M 105.00M 122.00M
Net Income
2.13B 2.15B 735.00M 3.95B
Net Income Growth
+19.12% +0.94% -65.83% +436.87%
Net Margin Growth
+8.87% +7.66% +2.16% +11.57%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
2.13B 2.15B 735.00M 3.95B
Preferred Dividends
- - - -
-
Net Income Available to Common
2.13B 2.15B 735.00M 3.95B
EPS (Basic)
14.7372 15.2014 5.187 28.5528
EPS (Basic) Growth
+22.08% +3.15% -65.88% +450.47%
Basic Shares Outstanding
144.60M 141.50M 141.70M 138.20M
EPS (Diluted)
14.6059 15.116 5.1507 28.3681
EPS (Diluted) Growth
+21.65% +3.49% -65.93% +450.76%
Diluted Shares Outstanding
145.90M 142.30M 142.70M 139.10M
EBITDA
2.87B 3.47B 4.29B 4.63B
EBITDA Growth
+14.34% +20.79% +23.70% +8.02%
EBITDA Margin
+11.95% +12.35% +12.60% +13.59%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 398.867
Number of Ratings 23 Current Quarters Estimate 5.597
FY Report Date 06 / 2025 Current Year's Estimate 22.287
Last Quarter’s Earnings 5.001 Median PE on CY Estimate N/A
Year Ago Earnings 21.49 Next Fiscal Year Estimate 26.20
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 15 15 20 19
Mean Estimate 5.60 5.95 22.29 26.20
High Estimates 6.05 6.77 24.96 31.01
Low Estimate 5.24 5.53 19.93 22.28
Coefficient of Variance 4.91 5.88 5.44 8.78

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 8 7 7
OVERWEIGHT 0 0 0
HOLD 14 14 15
UNDERWEIGHT 1 1 2
SELL 0 0 0
MEAN Overweight Overweight Hold

Insider Actions for Cummins Inc. - CMI

Date Name Shares Transaction Value
Feb 24, 2025 Srikanth Padmanabhan EVP and President, Operations 40,685 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $386.07 per share 15,707,257.95
Feb 24, 2025 Amy R. Davis VP & Pres. - Accelera and Com 22,416 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 24, 2025 Amy R. Davis VP & Pres. - Accelera and Com 20,887 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $386.07 per share 8,063,844.09
Feb 24, 2025 Bonnie Jean Fetch VP & President - Distribution 7,598 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 24, 2025 Jennifer Mary Bush VP & Pres. - Power Systems 13,089 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $386.07 per share 5,053,270.23
Feb 24, 2025 Jennifer Mary Bush VP & Pres. - Power Systems 14,620 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jan 30, 2025 Jennifer W. Rumsey Chair and CEO; Director 1,481 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $348.84 per share 516,632.04
Nov 13, 2024 Sharon R. Barner VP - Chief Administrative Off. 22,704 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $359.75 per share 8,167,764.00
Nov 13, 2024 Sharon R. Barner VP - Chief Administrative Off. 22,003 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $357.67 per share 7,869,813.01
Nov 13, 2024 Sharon R. Barner VP - Chief Administrative Off. 20,803 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $358.76 per share 7,463,284.28
Nov 13, 2024 Sharon R. Barner VP - Chief Administrative Off. 6,327 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Nov 13, 2024 Sharon R. Barner VP - Chief Administrative Off. 4,326 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Nov 13, 2024 Sharon R. Barner VP - Chief Administrative Off. 22,804 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $163.43 per share 3,726,857.72
Nov 13, 2024 Sharon R. Barner VP - Chief Administrative Off. 20,803 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $357.04 per share 7,427,503.12
Nov 13, 2024 Sharon R. Barner VP - Chief Administrative Off. 20,965 Bona fide gift 0.00
Nov 13, 2024 Sharon R. Barner VP - Chief Administrative Off. 21,035 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $163.43 per share 3,437,750.05
Sep 13, 2024 Ashwath Ram V.P. - Supply Chain 155 Discretionary transaction in accordance with Rule 16b-3(f) resulting in acq or disposition of issuer shs Non-derivative transaction at $295.22 per share 45,759.10
Aug 21, 2024 Srikanth Padmanabhan President - Engine Busines 30,121 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $301.65 per share 9,085,999.65
Aug 21, 2024 Srikanth Padmanabhan President - Engine Busines N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
May 24, 2024 Amy R. Davis VP & Pres. - New Power 10,729 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $283.9 per share 3,045,963.10

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