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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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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.

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

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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

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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.

INDIANAPOLIS--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) is pleased to announce that its popular Tier 4 QSK95 engine can be safely used with renewable diesel, without any negative impact to its current EPA emission requirements or reliability. “Cummins is ready to assist customers on the decarbonization journey. By working together, we can effect change for today's climate crisis,” states Cummins General Manager – Rail and Defense, Regina Barringer. Cummins partnered with Siemens Mobility to hel

Cummins QSK95 Engine Proven Fully Compatible With Renewable Diesel

Cummins stock year-to-date remains 15% better than S&P 500 Index, even after the September 13 drop. Cummins, however, is a cyclical business. The market for U.S. heavy-duty trucks peaked in May and has declined every month since for a total decline of 10%.

Cummins: The Wrong Time To Hold

COLUMBUS, Ind.--(BUSINESS WIRE)--For the first time since finalizing the acquisition of Meritor, Inc. last month, Cummins Inc. (NYSE: CMI) will showcase Meritor's 17Xe ePowertrain assembled with a Cummins battery system during the IAA Transportation tradeshow in Hannover, Germany. The 17Xe is designed for heavy-duty trucks in the 4x2 and 6x2 segment, with capacity to support 44 tons of gross combined weight, or more in some applications. The assembly also features a lithium iron phosphate (LFP)

Destination IAA: Cummins debuting electrified Meritor powertrains for the first time since acquisition

Cummins has a reasonable current valuation. The company's focus on clean energy is likely to support a higher valuation.

Cummins Positioned For Solid Growth And Higher Valuation

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The nascent hydrogen industry is set up for a long-term secular shift in the logistics and transportation sector, with expected diesel engine cost parity by 2030. Cummins is positioned atop the chain in the Class 8 engine market, holding a dominant market share that it can build upon with its hydrogen engines.

Cummins Can Lead A Secular Hydrogen Transportation Shift

Cummins Inc. ( CMI , Financial) is down marginally so far in 2022, which means the stock has greatly outperformed the S&P 500, where the index is down a mid-teens percentage.

Cummins Is an Attractive Value and Income Stock

COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) will expand PEM electrolyzer manufacturing capacity at its Oevel, Belgium, factory to 1 gigawatt (GW) with the support from the Important Project of Common European Interest (IPCEI) Hy2Tech program. IPCEI – recently approved by the European Commission, with funding granted by Flanders Innovation & Entrepreneurship Agency (VLAIO) – will help Cummins develop a new generation of PEM electrolyzer cell stacks to power large-scale hydrogen

Cummins scaling Belgium electrolyzer manufacturing capacity to 1 gigawatt through IPCEI support

Werner Enterprises is spreading its hydrogen bets beyond fuel cells, signing a letter of intent for 500 hydrogen-fueled internal combustion engines from Cummins Inc., which is pushing its powertrain-agnostic approach to reducing emissions.  It is the third significant sales announcement in two weeks for the Columbus, Indiana-based engine maker.

Werner signs for 500 Cummins hydrogen-powered internal combustion engines

Werner Enterprises

OMAHA, Neb.--(BUSINESS WIRE)--Werner Enterprises (Nasdaq: WERN), a premier transportation and logistics provider, and Cummins Inc. (NYSE: CMI), a global power solutions provider, announced today Werner signed a letter of intent to purchase 500 Cummins' 15-liter hydrogen internal combustion engines upon availability. The two companies announced earlier this year, Werner Enterprises plans to validate and integrate Cummins'15-liter natural gas and Cummins' X15H hydrogen engines, both part of Cummi

Werner Enterprises Signs Letter of Intent Planning to Secure 500 X15H Engines from Cummins

Cummins Inc. is recalling 12,196 engines across its product line because a faulty engine control module (ECM) can lead to stalling and increase the risk of a crash. Paccar Inc. is the latest to report the issue, recalling 1,601 model year 2023 vehicles across 21 Kenworth and Peterbilt product lines.

Cummins recalls faulty engine control modules from 28 manufacturers

Cummins (CMI) reported earnings 30 days ago. What's next for the stock?

Cummins (CMI) Down 1.1% Since Last Earnings Report: Can It Rebound?

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Transport Enterprise Leasing, LLC (TEL) a leading commercial truck and trailer equipment lease and remarketing provider, and Cummins Inc. (NYSE: CMI), a global power solutions provider, announced today that TEL has signed a letter of intent planning to purchase Cummins' 15-liter hydrogen internal combustion engines when available. TEL will integrate the Cummins' X15H hydrogen engines into their fleet of heavy-duty trucks. “Our customers are at the heart of o

Transport Enterprise Leasing Planning to Integrate Cummins' X15H into Heavy Duty Truck Fleets

Cummins (CMI) collaborates with Buhler Industries under the Versatile brand to integrate the 15-liter hydrogen engines into the latter's equipment to aid its de-carbonization moves in agriculture.

Cummins (CMI), Versatile Brand Partner Over Hydrogen Engines

BOONE, Iowa--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) and Buhler Industries Inc. (TSX: BUI), a leading tractor manufacturer under the Versatile brand, announced today that they have signed a letter of intent and plans to integrate the Cummins 15-liter hydrogen engines in Versatile's equipment to lead the decarbonization of the agriculture market. Versatile is a longstanding manufacturer in the agriculture space with a reputation for excellence in tractors,” said Ann Schmelzer, General Manager

Cummins and Versatile Hydrogen Engine Collaboration Announced

BOONE, Iowa--(BUSINESS WIRE)--Visitors to Farm Progress will be able to get their first look at the Cummins powered CLAAS TRION 740. Cummins' clean and efficient L9 engine offers farmers up to 430 hp in this state-of-the-art combine harvester. Ann Schmelzer, Managing Director of Cummins Global Agriculture Business, said: "Cummins has had a strong presence in the agricultural machinery industry for many years. Our wealth of experience has enabled us to offer our partner, CLAAS, products that are

Cummins Powered CLAAS TRION Combine to Make North American Debut

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With volatility taking the front seat this year, one can take shelter in three safe dividend auto stocks, namely Genuine Parts (GPC), Cummins (CMI) and Polaris (PII).

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Gatik and Cummins will collaborate to integrate Gatik's autonomous driving system with Cummins' advanced powertrain solution, working to improve the performance, safety and fuel efficiency of Gatik's medium-duty delivery trucks.  These trucks are designed to serve customers' needs for autonomous middle-mile logistics, the companies said in a Tuesday (Aug.

Gatik, Cummins to Integrate Technologies on Autonomous Delivery Trucks

Gatik announced today that it will collaborate with Cummins Inc. to facilitate the integration of Gatik's automated driving system with Cummins' advanced powertrain solution in Gatik's fleet of medium-duty trucks.

Gatik And Cummins Partner For Powertrain Optimization

Autonomous middle-mile technology company Gatik will work with industry powerhouse Cummins to integrate Gatik's technology with Cummins' drive-by-wire solution. The combined solution will be utilized on Isuzu Class 6 FTR model box trucks with the Cummins B6.7 engine.

Cummins to integrate Gatik's autonomous driving tech into advanced powertrain

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Connected engine solutions provide whole machine diagnostics across diverse mobile machines via single interface. SEATTLE , Aug. 9, 2022 /PRNewswire/ -- Elevāt, the industry leader in off-highway OEM solutions, has partnered with Cummins Inc. (NYSE: CMI) to integrate its Cummins Connected Diagnostics application with the Elevāt Machine Connect IoT platform.

Elevāt and Cummins Collaborate to Deliver Next Generation IoT Connected Services

Cummins is a secular growth play in a cyclical industry. The company has to electrify and decarbonize its solutions, something which it takes very serious.

Cummins: Transforming Its Engines

COLUMBUS, Ind.--(BUSINESS WIRE)--Global power and technology leader, Cummins Inc. (NYSE: CMI) today announced that it has completed its acquisition of Meritor, Inc., a leading global supplier of drivetrain, mobility, braking, aftermarket and electric powertrain solutions for commercial vehicle and industrial markets. The integration of Meritor's people, products and capabilities in axle and brake technology will position Cummins as a leading provider of integrated powertrain solutions across in

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