Revenue segments as reported by the company.

Engine

Distribution

Components

Power Systems

New Power

Intersegment Eliminations

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Gross Profit, Operating Income, and Net Income as a percentage of Revenue

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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Year over year growth in Revenue and Operating Expenses.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Cummins

Cummins, Inc. designs, manufactures and markets diesel and natural gas engines. It operates through the following segments: Engine, Distribution, Components, Power Systems, and New Power. 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 consists of parts, engines, power generation and service, which service and distribute its products and services. The Components segment supplies products such as, aftertreatment systems, turbochargers, transmissions, filtration products, electronics and fuel systems for commercial diesel, and natural gas applications. The Power Systems segment engages in power generation, industrial and generator technologies. The New Power segment designs, manufactures, sells and supports hydrogen production solutions, as well as electrified power systems ranging from fully electric to hybrid along with components and subsystems, including battery and fuel cell technologies. The company was founded by Clessie Lyle Cummins and William Glanton Irwin on February 3, 1919, and is headquartered in Columbus, IN.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Cummins reports robust Q4 earnings, eyes sustainability and innovation

Cummins' strong financial performance in Q4 2022 and full-year results reflect consistent growth and strategic execution.
The company's focus on clean energy technologies, investments in new power solutions, and market positioning provide a solid foundation for future success.
While facing challenges in interest expenses and market dynamics, Cummins has opportunities to drive growth through innovation, operational efficiency, and global market trends.
Overall, Cummins remains optimistic about its future prospects, emphasizing sustainability, profitability, and meeting evolving customer needs in the e-mobility space.

Cummins reports record Q1 revenues, raises full-year forecast

Cummins reported robust Q1 performance with record revenues and raised full-year forecast. The company faces challenges related to margin impact and legal discussions on emission systems. Opportunities exist in expanding into the rail market and focusing on operational efficiencies and new technologies.

Cummins reports record Q2 revenues, eyes growth amidst market challenges

Cummins delivered strong financial performance with record revenues and growth in key segments.
While facing market challenges and uncertainties, the company maintains a focus on profitability and growth.
Opportunities lie in balancing pricing strategies, investing in sustainable solutions, and managing costs.
Overall, Cummins' outlook for 2023 and 2024 remains stable amidst market dynamics.

Cummins reports robust Q3 earnings, eyes growth amid challenges

Cummins' Q3 2023 performance reflects strong revenue growth, operational efficiency, and strategic financial management.
While facing challenges like supply constraints and market softening, the company is focused on innovation, cost reduction, and profitable growth.
Opportunities in market expansion, product launches, and continued investments position Cummins for sustained growth and shareholder value creation.

Cummins posts record revenues in Q4 2023 amid market challenges

Cummins delivered strong financial results in Q4 2023, with record revenues and a focus on clean energy technology. Despite market challenges and uncertainties, the company remains committed to optimizing operations and investing in growth areas like data centers and electrolyzers.

Cummins reports stable Q1 earnings, eyes growth through new technologies

Cummins delivered solid financial performance in Q1 2024, with a focus on innovation, margin improvement, and shareholder returns. While facing challenges in market dynamics and supply chain issues, the company is strategically positioned to capitalize on opportunities in new technologies and regulatory changes. Cummins' proactive approach to investments and business optimization sets a strong foundation for future growth.

Cummins achieves record revenues in Q2 2024, focuses on sustainability

Cummins reported strong Q2 2024 results with record revenues and improved profitability, driven by strategic partnerships and operational efficiencies.
While facing challenges in international markets and external uncertainties, Cummins remains focused on innovation and sustainability initiatives.
Opportunities lie in revenue growth through market expansion, product diversification, and investment in sustainable technologies for future success.
Overall, Cummins' performance reflects resilience and adaptability in navigating market complexities and driving sustainable growth.

Cummins reports mixed Q3 performance, eyes growth in international markets

Cummins reported a mixed performance in Q3 2024 with revenue outlook consistent with prior guidance but improved EBITDA guidance.
The company demonstrated strengths in international revenue growth, strong power generation sales, and shareholder returns.
Challenges were seen in certain segments and operational performance, with opportunities identified in specific market segments and R&D investments.
Analyst questions highlighted key areas of concern and potential focus for future strategic decisions.

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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.

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Renewable Energy Giants: 3 Stocks Outshining Solar and Wind

GALESBURG, Mich.--(BUSINESS WIRE)-- #commercialvehicles--Eaton Cummins announces its Endurant XD™ series automated transmission is now available in select vocational Western Star and Freightliner models.

Eaton Cummins Endurant XD series transmission now available in Freightliner and Western Star vocational products.

COLUMBUS, Ind.--(BUSINESS WIRE)-- #cummins--Accelera™ by Cummins, the zero-emissions technology business segment of Cummins Inc. [NYSE: CMI], has named Brian Wilson as General Manager – eMobility and Andreas Lippert as Vice President and General Manager – Electrolyzers, continuing to strengthen its ability to lead customers through the energy transition. Wilson and Lippert each have several decades of industry and technology expertise to drive Accelera toward its mission of securing a sustainable future f.

Accelera by Cummins announces global eMobility and electrolyzer business leaders in the pursuit of a zero-emissions future

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I've made significant changes to my portfolio due to buying a new house and selling stocks from my portfolio to raise cash. My goal is to prioritize building a passive income stream, but I recognize the value of investing in a new home for improved quality of life. In this article, I discuss different options to pay for the new home, including taking out a mortgage or selling more stock if mortgage rates remain high.

Why I Made Big Changes To My Dividend Growth Portfolio

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Buy These 3 Ultra SWAN Bargains Before Everyone Else Does

Cummins is a reliable company in the industrial sector that produces both diesel and electric engines. The company has shown strong revenue and EPS growth over the past decade and has a consistent dividend payout. Cummins has opportunities for growth in electric vehicle battery production, acquisitions, and expanding the use of natural gas engines.

Cummins Is A Long-Term Buy

Cummins Inc. has achieved record revenues, boosted its dividend, and maintained its guidance despite global challenges. The company has a top-tier dividend scorecard with a 3.1% yield, a low payout ratio, and consistent dividend growth. CMI's third-quarter earnings showed resilience, with strong revenue growth, increased profitability, and a record quarterly inflow of operating cash flow.

Cummins: The A-Rated Dividend Stock Keeps Shining

GALESBURG, Mich.--(BUSINESS WIRE)-- #commercialvehicles--Eaton Cummins Endurant XD™ series automated manual transmission are now available in select Kenworth truck models in Mexico and Latin America.

Eaton Cummins Endurant XD series transmission now available at Kenworth Mexico

Cummins Inc. (NYSE:CMI ) Q3 2023 Earnings Conference Call November 2, 2023 10:00 AM ET Company Participants Chris Clulow - Vice President, Investor Relations Jennifer Rumsey - Chair & Chief Executive Officer Mark Smith - Chief Financial Officer Conference Call Participants Jerry Revich - Goldman Sachs David Raso - Evercore Rob Wertheimer - Melius Research Tami Zakaria - JPMorgan Tim Thein - Citi Steven Fisher - UBS Noah Kaye - Oppenheimer Operator Greetings, and welcome to the Cummins Incorporated. Third Quarter 2023 Earnings Conference Call.

Cummins Inc. (CMI) Q3 2023 Earnings Call Transcript

For full-year 2023, Cummins (CMI) expects revenues to grow 18-20%, up from the prior guided range of 15-20%.

Cummins (CMI) Q3 Earnings & Sales Top Estimates, Rise Y/Y

While the top- and bottom-line numbers for Cummins (CMI) give a sense of how the business performed in the quarter ended September 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Compared to Estimates, Cummins (CMI) Q3 Earnings: A Look at Key Metrics

COLUMBUS, Ind.--(BUSINESS WIRE)--Today, Cummins announced several changes to the Cummins Leadership Team. These appointments are effective Jan. 1, 2024. “Destination Zero is Cummins' strategy for decarbonization of our products and is a growth opportunity for us. With our broad portfolio of innovative products, strong partnership with and understanding of our customers and their applications, unrivaled global scale and footprint, and talented people, Cummins is best positioned to win and lead t.

Cummins names three experienced leaders to new roles

COLUMBUS, IND.--(BUSINESS WIRE)-- #cummins--Cummins Inc. (NYSE: CMI) today reported results for the third quarter of 2023. Third quarter revenues of $8.4 billion increased 15 percent from the same quarter in 2022. Sales in North America increased 16 percent and international revenues increased 13 percent due to the addition of Meritor and strong demand across most global markets. The third quarter of 2022 included two months of consolidated operations for Meritor following the completion of the acquisitio.

Cummins Reports Third Quarter 2023 Results

Get a deeper insight into the potential performance of Cummins (CMI) for the quarter ended September 2023 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

Ahead of Cummins (CMI) Q3 Earnings: Get Ready With Wall Street Estimates for Key Metrics

Plug Power

A lack of price competition has prevented hydrogen energy from garnering investment attention, unlike solar and wind projects have enjoyed. While the Biden Administration did pass the Inflation Reduction Act in 2022, which provides tax incentives and subsidies to clean energy projects, hydrogen stocks haven't done so well in 2023.

3 Hydrogen Stocks to Buy Now OR Regret Later

COLUMBUS, Ind.--(BUSINESS WIRE)--Today, Cummins announced that Amy Davis will assume leadership of both the Accelera and Components Business Segments, serving as Vice President and President – Accelera and Components, effective November 1. “I am thrilled to have Amy lead both the Components and Accelera business segments,” said Jennifer Rumsey, Chair and CEO, Cummins Inc. “When we launched our Destination Zero strategy in 2022, we emphasized that we will win with the knowledge and capabilities.

Cummins names Amy Davis President of Components Business Segment; she will continue to lead Accelera

The Zacks Consensus Estimate for Cummins' (CMI) Q3 earnings per share and revenues is pegged at $4.63 and $8.14 billion, respectively.

Cummins (CMI) to Report Q3 Earnings: Here's What to Expect

Cummins (CMI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Cummins (CMI) Earnings Expected to Grow: Should You Buy?

In the closing of the recent trading day, Cummins (CMI) stood at $216.30, denoting a -1.32% change from the preceding trading day.

Cummins (CMI) Suffers a Larger Drop Than the General Market: Key Insights

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Dividend Income Summary: Lanny's September 2023 Summary

COLUMBUS, Ind.--(BUSINESS WIRE)--Today, Cummins Inc. (NYSE: CMI) announced that Mahesh Narang, Cummins Vice President and President of the Components Business, is departing Cummins on Oct. 27 to pursue an external opportunity. Mahesh served in a variety of business leadership roles during his more-than 20-year career at Cummins. “Mahesh's impact on Cummins and our people are lasting,” said Jennifer Rumsey, Cummins Inc. Chair and CEO. “He has capably led with a focus on excellence and building s.

Cummins Components President Mahesh Narang to depart the company

News for Cummins Stock (CMI)