Revenue segments as reported by the company.

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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.

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

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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.

A fire risk from a Cummins Inc. (NYSE: CMI) fuel rail is leading 26 truck, bus and motorhome manufacturers to recall a total of nearly 45,000 vehicles. In a recall filing May 12 with the National Highway Traffic Safety Administration (NHTSA), Cummins said the likelihood of a fire in affected L9 and ISX12 engines built between Jan. 2, 2017 and Oct.16, 2020 was about 1%.

Cummins' fuel rail fire risk leads to recall at 26 manufacturers

Shares of Cummins Inc. rose toward a third straight gain Monday, after BofA Securities analyst Ross Gilardi said it's time to buy, as the engine maker stands to benefit from the inflation and hydrogen trades more than its peers.

The Ratings Game: Cummins stock now a buy as an inflation and hydrogen trade, BofA analyst says

The shares of engine manufacturer  Cummins Inc.  (NYSE:CMI) are up 1.2% at $268.80 this morning, after the company received an upgrade from BofA Global Research to “buy” from “neutral" with a $325 price target.

Cummins Stock Claws Higher on BofA Bull Note

Cummins (NYSE:CMI) has observed the following analyst ratings within the last quarter: Last 30 Days 1 Month Ago 2 Months Ago 3 Months Ago Bullish 1 0 0 1 Somewhat Bullish 0 0 0 0 Indifferent 0 2 2 1 Somewhat Bearish 0 0 0 0 Bearish 0 0 0 0 11 analysts offering 12-month price targets in the last 3 months for Cummins evaluate the company at an average price target of $275.18 with a high of $325.00 and a low of $238.00.

What 11 Analyst Ratings Have To Say About Cummins

SHOREVIEW, Minn., May 17, 2021 /PRNewswire/ -- Cummins Inc. (NYSE: CMI) is proud to announce the launch of the C1000N6B and C1300N6 NFPA 110 Type 10 capable natural gas generator sets for peaking and standby power applications.

New Cummins C1000N6B and C1300N6 NFPA 110 Type 10 capable natural gas generator sets

Cummins (CMI) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Cummins (CMI) Upgraded to Strong Buy: What Does It Mean for the Stock?

Finding strong, market-beating stocks with a positive earnings outlook becomes easier with the Zacks Rank.

How to Find Strong Buy Auto, Tires and Trucks Stocks Using the Zacks Rank

COLUMBUS, Ind.--(BUSINESS WIRE)--Today, Cummins Inc. (NYSE: CMI) announced the election of Carla Harris to its Board of Directors. Ms. Harris is Vice Chairman of Wealth Management and Senior Client Advisor at Morgan Stanley. Over her 30-year career with Morgan Stanley, her experiences include investment banking, equity capital markets, equity private placements, and initial public offerings in a number of industries such as technology, transportation, and the industrial sector. For more than a

Cummins Elects Carla Harris to its Board of Directors

Block

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Bitcoin, Square, Cummins and Rocket Companies are our top stock trades for Monday. Now, let's get a look at the charts going into the weekend.

4 Top Stock Trades for Monday: Bitcoin, SQ, CMI, RKT

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Releasing two top May stocks from the MDA Growth and Dividend Breakout portfolio and two top samples from prior portfolios. Long-term dividend portfolios have been released every month with average weighted gains of +35.9% and the S&P 500 +11.8% YTD.

V&M Breakouts: Top Growth And Dividend Stocks For May 2021

Cummins' business will experience major change over the coming decade, as electrification will lead to fewer diesel engines being used.

Is Cummins A Good Dividend Stock Portfolio Choice?

COLUMBUS, Ind.--(BUSINESS WIRE)--Global technology and power solutions leader Cummins Inc. (NYSE: CMI) and KBR (NYSE: KBR) have signed a memorandum of understanding (MoU) to collaborate on offering a complete and integrated solution to produce ammonia from renewable sources, commonly referred to as green ammonia. As leaders in their respective markets, Cummins in proton exchange membrane (PEM) electrolysis to generate hydrogen, and KBR with ammonia technologies, the companies have committed to

Cummins Inc. Signs MoU With KBR to Collaborate on Integrated Green Ammonia

Engine maker Cummins Inc. (NYSE: CMI) expects full-year 2021 sales to rise as much as 24% following consensus-crushing Q1 revenue and profits. First-quarter revenues of $6.1 billion rose 22% over $5 billion the same quarter in 2020.

Cummins raises financial guidance on blazing trucking demand

Cummins Inc. (CMI) CEO Tom Linebarger on Q1 2021 Results - Earnings Call Transcript

Cummins projects full-year 2021 revenues to be up 20-24% and EBITDA in the range of 15.5-16% of sales.

Cummins (CMI) Q1 Earnings & Sales Beat Estimates, '21 View Up

Cummins (CMI) delivered earnings and revenue surprises of 16.76% and 14.87%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Cummins (CMI) Tops Q1 Earnings and Revenue Estimates

Shares of Cummins (NYSE:CMI) moved higher by 0.8% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share were up 27.99% over the past year to $4.07, which beat the estimate of $3.47.

Recap: Cummins Q1 Earnings

COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) today reported results for the first quarter of 2021. First quarter revenues of $6.1 billion increased 22 percent from the same quarter in 2020. Sales in North America increased 7 percent while international revenues increased 45 percent driven by strong demand across all global markets as well as new product sales in China and India. “Demand accelerated in the first quarter, as the global economy continued to improve, driving strong sal

Cummins Reports First Quarter 2021 Results

CVS Health

Mosaic

Pfizer

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Some of the stocks that may grab investor focus today are: Wall Street expects CVS Health Corp (NYSE: CVS) to report quarterly earnings at $1.71 per share on revenue of $68.39 billion before the opening bell. CVS shares rose 2.5% to $79.66 in after-hours trading.

5 Stocks To Watch For May 4, 2021

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

Should You Buy Cummins (CMI) Ahead of Earnings?

Cummins' (CMI) Q1 results likely to reflect gains from rising sales across all major segments during the March-end quarter.

Here's Why Cummins (CMI) is Poised for Q1 Earnings Beat

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Infrastructure stocks could turn into risk stocks should the infrastructure bill fail to pass Congress. Here are eight that are under threat.

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Self-driving trucking software maker Plus will work with the natural gas joint venture Cummins Westport to apply its supervised PlusDrive system to a 12-liter natural gas engine, pairing what eventually could be driverless technology with a powertrain featuring near-zero carbon emissions. The PlusDrive autonomous system already saves fuel because of AI-enabled algorithms, the Cupertino, California-based startup said.

Plus will automate Cummins Westport natural gas engine

Self-driving truck developer Plus has announced a new initiative with global engine manufacturer Cummins to develop “the industry's first driver-in, supervised autonomous trucks powered by natural gas.”

Automating With Gas: Plus And Cummins Developing Natural Gas Powered Self-Driving Trucks

Air Products and Chemicals

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FuelCell Energy

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Our theme of Hydrogen Economy Stocks, which includes the stocks of U.S.-based companies that sell hydrogen fuel cells, related renewable energy equipment, and supply hydrogen gas, is down by about 3% year-to-date. In comparison, the S&P 500 is up by almost 10% over the same period.

News for Cummins Stock (CMI)