Revenue segments as reported by the company.

Engine

Distribution

Components

Power Systems

New Power

Intersegment Eliminations

Revenue Segments

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

Gross Margin

Operating Margin

Profit Margin

Margins

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

Selling, general and administrative

Research, development and engineering

Equity, royalty and interest income from investees

Other operating expense, net

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

COLUMBUS, Ind.--(BUSINESS WIRE)-- #cummins--Cummins Inc. (NYSE: CMI) and Accelera™ by Cummins, Cummins' zero-emissions technology brand, will showcase a variety of technologies in their booth at Advanced Clean Transportation Expo (May 2 to 4, Anaheim, California). The line-up emphasizes the role that hydrogen will play as part of Destination Zero, Cummins' strategy to go further, faster to reduce greenhouse gas (GHG) and air quality impacts of its products and reach zero emissions by 2050. The company wil.

Cummins and Accelera Showcase Broadest Portfolio of Decarbonizing Technologies With an Emphasis on Hydrogen

Truck engine maker Cummins Inc. on Tuesday reported first-quarter revenue that topped analysts' expectations, boosted by strong global demand for its products. Revenue for the first quarter was $8.5 billion, a record 32% increase compared to the first quarter of 2022, the company said.

Cummins posts record Q1 revenue, raises full-year revenue outlook

Cummins (CMI) now expects revenues in 2023 to grow in the range of 15-20% year over year, up from the prior projection of 12%-17%.

Cummins (CMI) Q1 Earnings & Sales Beat, 2023 View Raised

Cummins Inc. (NYSE:CMI ) Q1 2023 Earnings Conference Call May 2, 2023 10:00 AM ET Company Participants Chris Clulow - Vice President-Investor Relations Jennifer Rumsey - President & Chief Executive Officer Mark Smith - Chief Financial Officer Conference Call Participants Jerry Revich - Goldman Sachs Tim Thein - Citi Jamie Cook - Credit Suisse David Raso - Evercore ISI Rob Wertheimer - Melius Research Steven Fisher - UBS Matt Elkott - TD Cowen Operator Greetings and welcome to the Cummins Inc. First Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Cummins Inc. (CMI) Q1 2023 Earnings Call Transcript

Cummins (CMI) came out with quarterly earnings of $5.55 per share, beating the Zacks Consensus Estimate of $4.81 per share. This compares to earnings of $4.04 per share a year ago.

Cummins (CMI) Q1 Earnings and Revenues Surpass Estimates

Investors just won't give industrial companies a lot of credit for great Q1 results. They are too worried about the economy.

Cummins Posts Record Earnings, Smashes Estimates. Why the Stock Is Stalling.

COLUMBUS, IND.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) today reported results for the first quarter of 2023. First quarter revenues of $8.5 billion increased 32 percent from the same quarter in 2022. Sales in North America increased 39 percent and international revenues increased 24 percent due to the addition of Meritor and strong demand across all key global markets. “The company achieved record revenues, EBITDA and EPS in the first quarter of 2023, with demand for our products remaining s.

Cummins Reports Record First Quarter 2023 Results

Ameriprise Financial

Blackrock Inc

CNH Industrial NV

Canadian Natural Resources

ConocoPhillips

General Mills

Genuine Parts

Hartford Financial Services Group

Hubbell

Infosys

KLA-Tencor

Kroger

Eli Lilly

Merck

NetEase

Novo Nordisk

Novartis

Taiwan Semiconductor Manufacturing

United Microelectronics

The May 2022 total return portfolio for 1-year is up +17.09%, and the May 2021 2-year portfolio is up 21.33%, not adjusted for greater than 2%+ dividends. The first May 2020 portfolio had +66.98% 2-year returns.

V&M Breakouts: Top Long-Term Growth And Dividend Stocks For May 2023

COLUMBUS, Ind.--(BUSINESS WIRE)--Global power leader Cummins Inc. (NYSE: CMI) announced today that it has signed a definitive agreement with Tata Motors Limited (TML), to manufacture a range of low- to zero-emissions technology products in India over the next few years. The definitive agreement was signed by Jennifer Rumsey, President and Chief Executive Officer, Cummins Inc., and Girish Wagh, Executive Director, Tata Motors, at Cummins Inc. headquarters in Columbus, Indiana, USA. Senior offici.

Cummins Inc. and Tata Motors Strengthen Their 30-Year Alliance to Power a Cleaner India With Low- to Zero-Emissions Technologies for Mobility Solutions

CF Industries Holdings

Nucor

Principal Financial Group

Almost four months into 2023 and we seemed locked in a trading range that will not break through upside resistance and will not give us the panic shakeout sell-off that would truly end a bear market.

5 Analyst Favorite ‘Strong Buy' Value Stocks With Dependable Dividends

Chevron

Walmart

BENTONVILLE, Ark. & SAN RAMON, Calif. & COLUMBUS, Ind.--(BUSINESS WIRE)--Walmart is reaching a new destination in its goal for a zero-emissions transportation fleet with the debut of the first North American—and the first of five— 15-liter compressed natural gas engine that will be incorporated into Walmart's private fleet. The X15N™ engine is supplied by Cummins and fueled by Chevron with compressed natural gas (CNG) linked to renewable natural gas.

Walmart Teams up With Cummins and Chevron to Debut First 15-liter Renewable Natural Gas Engine on the Road in North America

Cummins (CMI) to invest $1 billion to support the industry's first fuel-agnostic engine platforms operating on low-carbon fuels to help decarbonize the U.S. truck fleets.

Cummins (CMI) to Invest $1B Across US Manufacturing Sites

Cummins announced that in addition to recent investments in Fridley, the company is investing over $1 billion across its U.S. engine manufacturing network in Indiana, North Carolina, and New York. The post Cummins To Invest Over $1 Billion In Upgrading Its Facilities appeared first on Pulse 2.0.

Cummins To Invest Over $1 Billion In Upgrading Its Facilities

Cummins Inc. will spend more than $1 billion to modernize engine plants in three states and invest in hydrogen production equipment in Minnesota, the company said Monday. The projects had previously been announced.

Cummins plans $1B+ investment in engine plants, hydrogen equipment

Cummins (CMI) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Cummins Inc. (CMI) Is a Trending Stock: Facts to Know Before Betting on It

COLUMBUS, Ind.--(BUSINESS WIRE)-- #cummins--On Monday, April 3, President Biden will visit Cummins Inc. (NYSE: CMI) in Fridley, Minnesota (USA) as part of his Administration's Investing in America tour. During the visit, President Biden will discuss how his Investing in America agenda is supporting manufacturing, innovation and a clean energy economy, as well as creating good-paying jobs in communities like Fridley and across the country.

Cummins Announces Investments of more than $1 billion Across U.S. Manufacturing Network

Hyliion

Nikola

PACCAR

Plug Power

Polestar Automotive Holding UK PLC

Rivian Automotive

Tesla

The Golden State is eliminating sales of gasoline-powered cars by 2035. Now it wants half of the heavy-duty trucks in operation in California to be all-electric by then.

California Is Boosting Shares of Electric-Truck Makers

Recently, Zacks.com users have been paying close attention to Cummins (CMI). This makes it worthwhile to examine what the stock has in store.

Investors Heavily Search Cummins Inc. (CMI): Here is What You Need to Know

COLUMBUS, Ind.--(BUSINESS WIRE)-- #cummins--Global power and technology leader, Cummins Inc. (NYSE: CMI) unveiled its new office location, the Cummins Atlanta Hub (CAH), located in Atlanta, Georgia. The Hub will continue supporting the future success and growth of Cummins, initially serving as the home for the supply chain planning group and members of the information technology team, with more groups to follow in the future.

Cummins Opens Atlanta Satellite Office and Tech Hub

COLUMBUS, Ind. & VARENNES, Quebec--(BUSINESS WIRE)-- #cummins--Accelera™ by Cummins, a business segment of Cummins Inc. (NYSE: CMI), will supply a 90-megawatt (MW) proton exchange membrane (PEM) electrolyzer system for Varennes Carbon Recycling's (VCR) plant in Quebec, Canada – a key step in advancing North America's green hydrogen economy. VCR is a consortium between Shell, Suncor and Proman, with the support of the Canadian and Quebec governments.

Varennes Carbon Recycling selects Accelera by Cummins to manufacture, supply 90MW electrolyzer system in Quebec

COLUMBUS, Ind.--(BUSINESS WIRE)-- #cummins--Today, Cummins Inc. (NYSE: CMI) announced that Mary Chandler, Vice President – Corporate Responsibility and Community Relations and CEO of the Cummins Foundation, is retiring later this spring and Jim Schacht, currently a member of the Corporate Responsibility Leadership Team, will succeed Mary and be promoted to Vice President of Cummins.

Cummins announces Mary Chandler retiring after serving Cummins and its global communities since 2011

Arbor Realty Trust

Archer-Daniels-Midland Company

Air Products and Chemicals

Carrier Global

Clorox

Dover

Emerson Electric

Enterprise Products Partners

EPR Properties

Equinix

Energy Transfer LP Unit

Eaton Vance Tax-Advantaged Dividend Income Fund

Honeywell

Helmerich & Payne

Hormel Foods

Iron Mountain

McDonald's

Maui Land & Pineapple

Altria

The Taxable Account generated $1,850.78 of dividend income for February 2023 compared with $1,493.49 of dividend income for February 2022. The Taxable Account had a balance of $533.4K as of February 28, 2023, vs. $530.1K on February 28, 2022. The annualized cost basis yield is 5.23%.

The Retirees' Dividend Portfolio: John And Jane's February 2023 Taxable Account Update

News for Cummins Stock (CMI)