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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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

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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

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Earnings data Q4 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.

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FuelCell, Cummins: Will Hydrogen Stocks Continue To Outperform?

Cummins (CMI) has further upside potential, courtesy of its clean balance sheet and ramped up capabilities in fuel cell and hydrogen production technology despite cost headwinds.

Cummins (CMI) Strikes Deal With Hino, Hits 52-Week High

COLUMBUS, Ind.--(BUSINESS WIRE)--During the virtual 2021 NTEA Work Truck Show, Hino Trucks announced their intent to produce medium- and heavy-duty Hino trucks with Cummins engines for sale in North America. As a result of this announcement, Hino intends to offer Cummins B6.7™ and L9™ engines in Hino's L and XL Series models by the end of 2021. “We are thrilled to offer Cummins' proven B6.7 and L9 engines,” stated Hino's Bob Petz, Senior VP of Vehicle and Parts Sales. “The reliability, performa

Cummins and Hino Trucks Announce Medium and Heavy-Duty Engine Offering

COLUMBUS, Ind.--(BUSINESS WIRE)--Global power leader Cummins Inc. (NYSE: CMI) and Cummins Westport Inc. announced today that the ISX12N+Endurant HD N powertrain from its Integrated power portfolio is now available for heavy-duty customers, delivering a fully integrated natural gas powertrain. The combination of the ISX12N near zero natural gas engine and the Endurant HD N 12-speed automated transmission from Eaton Cummins Automated Transmission Technologies is well suited for heavy-duty regiona

Cummins Introduces New Heavy-Duty Powertrain for Natural Gas Customers

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Releasing two top March stocks from the MDA Growth and Dividend Breakout portfolio and two top samples from prior portfolios. Long-term dividend portfolios have been released each month this year with average weighted gains of +41.1% and the S&P 500 +2.3% YTD.

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Cummins, Inc. (CMI) Presents at 13th Annual Evercore ISI Industrial Conference - Transcript

Cummins Inc. (CMI) Management Presents at Raymond James Associates 42nd Annual Institutional Investors Conference- Transcript

COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) announced today Nicole Y. Lamb-Hale is succeeding Sharon Barner as Vice President and General Counsel, effective in May. The company announced on February 2 that Barner is being promoted to Vice President and Chief Administrative Officer. “Nicole is a dynamic, strategic and effective leader with global experience and a remarkable legal understanding that will equip her to continue to lead, shape and build the Cummins legal function into

Cummins Names Lamb-Hale Vice President and General Counsel

COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) announced today that several leaders were named vice presidents, effective March 1. These appointments are consistent with the company's approach to succession planning and leadership development to ensure the company is best positioned for continued growth and success. "The world is rapidly changing and we need strong leaders who excel at both strategy and execution to ensure our company, employees and communities can continue to thrive

Cummins Promotes Five Leaders to Vice President

Cummins Inc. (NYSE:CMI) will build a medium-duty engine plant within a Daimler Trucks Mannheim complex in Germany to localize medium-duty engines that comply with the Euro VII emissions. Daimler Truck AG and Cummins plan a global strategic partnership under which Cummins will make engines compliant with Euro VII emissions.

Cummins will build medium-duty engines for Daimler Trucks

STUTTGART, Germany & COLUMBUS, Ind.--(BUSINESS WIRE)--Today, Daimler Truck AG and global power leader and independent engine manufacturer Cummins Inc. (NYSE: CMI) announced that the companies have signed a memorandum of understanding establishing a global strategic partnership for medium duty engine systems. The companies added that other opportunities for collaboration are also being evaluated. As part of the planned strategic partnership, Cummins will invest in the further development of medi

Daimler Truck AG and Cummins Inc. Announce Global Plan for Medium Duty Commercial Vehicle Engines

After rising over 130% from its March 2020 lows, and now trading at close to all-time highs of about $244 per share, Cummins a company that sells engines used in trucks, as well as filtration, and power generation products appears to be fully valued. In comparison, the broader S&P 500 has rallied.

Why Cummins' Stock Looks Expensive At $240

COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) announced today that several leaders were appointed to new key roles, effective March 1. These appointments are consistent with the company's approach to leadership development and succession planning to ensure the company is best positioned for continued growth and success. “The world is rapidly changing and we need strong leaders who excel at both strategy and execution to ensure our company, employees and communities can continue to t

Cummins Makes Several Key Leadership Appointments

COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) announced today that Tony Satterthwaite is being named Vice Chairman and Jennifer Rumsey will succeed Satterthwaite as President and Chief Operating Officer, effective March 1. "I am thrilled to have Tony join the Chairman's office and confident he's the right leader for this role, given the significant opportunities in front of us," said Tom Linebarger, Chairman and CEO, Cummins Inc. "Tony understands our business at all levels and has

Cummins Promotes Two Top Executives

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COLUMBUS, Ind.--(BUSINESS WIRE)--Today, Cummins Inc. (NYSE: CMI) and Isuzu Motors Limited (Isuzu) announced agreements for a global mid-range diesel powertrain and an advanced engineering collaboration, marking another step forward in the Isuzu Cummins Powertrain Partnership (ICPP). The partnership, formed in May 2019, formalized a business structure for the two companies to evaluate and carry out opportunities to jointly develop and bring new diesel and alternate powertrains to global markets.

Cummins and Isuzu Announce Global Mid-Range Powertrain and Advanced Engineering Collaboration

Cummins Inc. (CMI) CEO Thomas Linebarger on Q4 2020 Results - Earnings Call Transcript

Cummins projects full year 2021 revenues to be up 8-12% and EBITDA to be in the range of 15-15.5% of sales.

Cummins' (CMI) Q4 Earnings & Sales Beat Estimates, Rise Y/Y

Cummins (CMI) delivered earnings and revenue surprises of 22.63% and 12.50%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Cummins (CMI) Q4 Earnings and Revenues Top Estimates

Shares of Cummins (NYSE:CMI) were flat in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share rose 31.25% over the past year to $3.36, which beat the estimate of $2.80.

Cummins: Q4 Earnings Insights

COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) today reported results for the fourth quarter of 2020. Fourth quarter revenues of $5.8 billion increased 5 percent from the same quarter in 2019. Sales in North America were flat while international revenues increased 12 percent driven by strong demand in China truck and construction markets as well as the growth in new product sales in India. Earnings before interest, taxes, depreciation and amortization (EBITDA) in the fourth quarter w

Cummins Reports Fourth Quarter and Full Year 2020 Results

COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) announced today that Chief Administrative Officer (CAO) Marya Rose will be retiring, effective April 2021, after more than 20 years in leadership positions with the company. Vice President and General Counsel, Sharon Barner, will succeed Rose. “Marya has had an incredible career, and during her more than two decades at Cummins, we have benefitted greatly from her leadership and unwavering commitment to our values,” said Tom Linebarger, C

Cummins VP and Chief Administrative Officer Marya Rose Retiring; VP and General Counsel Sharon Barner Named Successor

Dismal contributions from the Distribution, Engine, Power Systems and Components segments might have depressed Cummins' (CMI) bottom line during the December-end quarter.

News for Cummins Stock (CMI)