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

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EBITDA

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Earnings per share

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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.

Adobe

Amazon

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Enbridge

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Alphabet

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Magellan Midstream Partners

Altria

Philip Morris

Skyworks Solutions

V.F.

The market's extreme volatility continues with the Nasdaq crashing almost 4.4% on Thursday, February 3rd. Prudent long-term investors know the truth of Joshua Brown's words "volatility isn't risk, it's the source of future returns."

My, Oh My, 14 Strong Correction Blue-Chip Buys

Cummins Inc. (NYSE: CMI) has agreed to acquire the remaining stake in the former Cummins Westport Joint Venture from Westport Fuel Systems Inc. (NASDAQ: WPRT). Financial terms were not disclosed.

Cummins To Take Full Control Of Former JV With Westport

Westport Fuel Systems

COLUMBUS, Ind. & VANCOUVER, British Columbia--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) and Westport Fuel Systems Inc. (“Westport”) (TSX:WPRT | Nasdaq:WPRT) have agreed to a share purchase agreement for the sale of Westport's stake in the Cummins Westport Joint Venture (“JV”) with CMI continuing to operate the business as the sole owner. As previously reported, the Cummins Westport Inc. joint venture agreement terminated effective December 31, 2021. As part of the agreement, Cummins also will b

Cummins to Purchase Remaining Shares in the Former Cummins Westport Joint Venture from Westport Fuel Systems

Cummins Inc. (CMI) CEO Tom Linebarger on Q4 2021 Results - Earnings Call Transcript

The supply chain crisis and rising material costs dented Q4 profits, but diesel and alternative powertrain manufacturer Cummins Inc. posted record revenues in 2021 and forecast continued global growth this year. “Our industry continues to experience significant supply chain constraints, resulting in elevated manufacturing, logistics and material costs, resulting in margins below our expectations, particularly in the fourth quarter,” Tom Linebarger, Cummins chairman and CEO, said in a press release.

Cummins sets revenue record, sees more growth ahead

Cummins (CMI) expects 2022 revenues to grow 6% year over year. EBITDA is envisioned at 15.5% of sales.

Cummins' (CMI) Q4 Earnings Miss Estimates, Decline 15% Y/Y

Cummins Inc. CMI reported fourth-quarter sales of $5.85 billion, flat year-over-year, beating the consensus of $5.79 billion. Sales in North America decreased 4% while international revenues increased 6% Y/Y, driven by strong demand across most global markets, except China.

Cummins Reports Mixed Q4 Results; Expects China Demand To Moderate In FY22

COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) today reported full year 2021 results. Revenues for the full year were $24 billion, 21 percent higher than 2020. Sales in North America increased 17 percent and international revenues increased 27 percent. Sales increased in all major regions compared to the prior year, which was severely impacted by the height of the COVID-19 pandemic. EBITDA for the year was $3.5 billion (14.7 percent of sales) compared to $3.1 billion (15.7 percent of

Cummins Reports Fourth Quarter and Full Year 2021 Results

Cummins Inc. CMI, +0.42% reported Thursday fourth-quarter profit that fell below expectations while revenue topped forecasts, as increased manufacturing, logistics and material costs resulting from supply chain constraints led to lower-than-anticipated margins. The auto engine power generation products company's stock was still inactive in premarket trading.

Cummins profit falls below expectations as increased costs from supply chain constraints weigh on margins

Cummins (CMI) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Earnings Season Could Be Great for Cummins (CMI)

Ford Motor Company

Meritor

Per the latest Earnings Trend report, the auto sector Q4 earnings are likely to grow 6.1% y/y. Read on to know the factors likely to have shaped Ford (F), Cummins (CMI) and Meritor's (MTOR) earnings.

F, CMI & MTOR Quarterly Earnings on Feb 3: What to Expect

The Zacks Consensus Estimate for Cummins' (CMI) Q4 earnings and revenues is pegged at $3.08 per share and $5.78 billion, respectively.

Chief Predictions for Cummins' (CMI) Q4 Earnings Release

Air Products and Chemicals

Direxion Hydrogen ETF

Plug Power

In 1869, Leland Stanford completed the transcontinental railroad with a golden spike.

The Golden Spike: Completing A Transcontinental Network Of Hydrogen Refueling Stations In North America

Exxon Mobil

For those who decide to stay in the markets and hunt for stocks, it's perhaps best to find some dividend-paying names, with solid valuations outside of technology.

Buy These Strong Dividend Stocks Before Earnings for Safety & Income?

Werner Enterprises

COLUMBUS, Ind.--(BUSINESS WIRE)--Werner Enterprises (Nasdaq: WERN), a premier transportation and logistics provider, and Cummins Inc. (NYSE: CMI), global power solutions provider, have announced that Werner will begin validation and integration of Cummins' recently announced 15-liter natural gas and 15-liter hydrogen internal combustion engines in its vehicles. Cummins will begin integrating these new powertrains in Werner trucks in the second half of 2022, starting with the 15-liter natural ga

A Zero Emissions Future Starts Now: Werner Enterprises and Cummins Announce Collaboration to Integrate Cummins' New 15-liter Natural Gas and 15-liter Hydrogen Internal Combustion Engines

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) Expected to Beat Earnings Estimates: Should You Buy?

COLUMBUS, Ind.--(BUSINESS WIRE)--Today, Cummins Inc. (NYSE: CMI) named Mark Sifferlen the company's first Vice President – Chief Risk Officer and leader of Environmental, Social and Governance (ESG) Strategy for the company, effective February 1. The company also named Schuyla Jeanniton Executive Director, Ethics and Compliance, to backfill Mark Sifferlen. Jeanniton will also serve as the Chief of Staff and Quality Lead for the Chief Administrative Officer (CAO) organization. “I am thrilled to

Cummins Inc. Names Mark Sifferlen, Vice President, Chief Risk Officer and Environmental, Social and Governance Strategy Lead

The current market pullback is 100% normal, healthy, and was expected by most analysts and students of market and economic history.

The More They Fall The More I Buy: 11 Rich Retirement Blue-Chips Set To Fly

Cummins (CMI) completes a 50% equity purchase of Momentum Fuel and partners with Isuzu for working on e-trucks as it looks to enhance its footing in offering zero-emission sustainable vehicles.

Cummins (CMI) Closes Momentum Fuel's 50% Buyout, Partners Isuzu

Cummins Inc., which signed a long-term deal last year to make diesel powertrains for Isuzu medium-duty trucks, is adding a Class 6 battery-electric powertrain prototype to the mix that will go into customer demonstrations in Q2. The PowerDrive 6000 is used in Gillig transit and Bluebird school buses.

Cummins will make electric medium-duty truck prototype for Isuzu

The manufacturer is creating a battery-powered truck prototype with Isuzu Motors, the Japanese maker of electric trucks.

Cummins, the Diesel Engine Giant, Is Going Electric

COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) and Isuzu Motors Limited announced an agreement to create a prototype medium-duty, battery electric truck to demonstrate in North America. This truck represents the first zero-emissions solution facilitated by the Isuzu Cummins Powertrain Partnership (ICPP) formed in May 2019. Through this arrangement, Cummins will integrate the Cummins PowerDrive6000 into Isuzu's F-Series truck and will pilot the truck with prominent North American flee

Isuzu and Cummins Announce Battery Electric Truck Collaboration

COLUMBUS, Ind.--(BUSINESS WIRE)--Today, Cummins Inc. (NYSE: CMI) named Jeff Wiltrout, Vice President- Corporate Strategy, effective immediately. Wiltrout has served in this role on an interim basis since Thad Ewald's departure from Cummins last year. “I am thrilled to have Jeff take this role, and I'm confident his experience and leadership capabilities make him the ideal leader for this work,” said Tom Linebarger, Chairman and CEO, Cummins Inc. “During his career at Cummins, Jeff has demonstra

Cummins Inc. Names Jeff Wiltrout Vice President – Corporate Strategy

Rush Enterprises

DALLAS & FORT WORTH, Texas & COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) and Rush Enterprises, Inc. (NASDAQ: RUSHA & RUSHB) today announced that they have closed on Cummins' acquisition of 50% equity interest in Momentum Fuel Technologies from Rush Enterprises. The joint venture between Rush Enterprises and Cummins will seek to enhance production of near-zero emissions natural gas powertrains by manufacturing Cummins-branded natural gas fuel delivery systems for the commercial

Cummins Completes 50 Percent Acquisition of Momentum Fuel Technologies From Rush Enterprises

COLUMBUS, Ind.--(BUSINESS WIRE)--Today, Cummins Inc. (NYSE: CMI) announced that it has named Chris Clulow, Vice President, Investor Relations, and Luther Peters, Vice President, Corporate Controller, effective March 1. Clulow is replacing Jack Kienzler who moved to Cummins Filtration on January 1 and Peters is taking Clulow's former position. “I am thrilled to have Chris and Luther leading our global finance teams in these new roles,” said Mark Smith, Chief Financial Officer. “Chris and Luther

News for Cummins Stock (CMI)