- Industrial - Machinery
- Industrials
-
14.18
EPS
-
20.73
P/E
-
40.3B
MARKET CAP
-
2.29%
DIV YIELD
Company Overview
500 JACKSON ST,COLUMBUS IN 47202-3005,8123773842
CEO
Ms. Jennifer W. Rumsey
Employess
75500
Sector
Industrials
Industry
Industrial - Machinery
Website
https://www.cummins.com
Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, electric and hybrid powertrains, and related components worldwide. It operates through five segments: Engine, Distribution, Components, Power Systems, and New Power. The company offers diesel and natural gas-powered engines under the Cummins and other customer brands for the heavy and medium-duty truck, bus, recreational vehicle, light-duty automotive, construction, mining, marine, rail, oil and gas, defense, and agricultural markets; and offers new parts and services, as well as remanufactured parts and engines. It also provides power generation systems, high-horsepower engines, heavy and medium duty engines, application engineering services, custom-designed assemblies, retail and wholesale aftermarket parts, and in-shop and field-based repair services. In addition, the company offers emission solutions; turbochargers; air and fuel filters, fuel water separators, lube and hydraulic filters, coolants, fuel additives, and other filtration systems; and electronic control modules, sensors, and supporting software, as well as new, replacement, and remanufactured fuel systems. Further, it provides automated transmissions; standby and prime power generators, controls, paralleling systems, and transfer switches, as well as A/C generator/alternator products under the Stamford and AVK brands; and electrified power systems with components and subsystems, including battery, fuel cell, and hydrogen production technologies. Additionally, it offers filtration, aftertreatment, controls systems, air handling systems, automated transmissions, electric power generation systems, and batteries. The company sells its products to original equipment manufacturers, distributors, dealers, and other customers. The company was formerly known as Cummins Engine Company and changed its name to Cummins Inc. in 2001. Cummins Inc. was founded in 1919 and is headquartered in Columbus, Indiana.
Next Earnings Date
Nov. 7, 2024
Ex Dividends date
Sep. 05, 2024
Dividend Date
Aug. 23, 2024
YTD Performance
21.89%
Fiscal Year End
12-31
IPO Date
1947-10-03
Growth Rates
(avg. rate of change) | 10 years | 5 years | 3 years | 1 year |
---|---|---|---|---|
Sales/Revenue | 7.01% | 7.46% | 19.80% | 21.34% |
EPS | -4.15% | -17.03% | -24.52% | -65.86% |
Equity | 1.66% | 3.79% | 3.16% | -1.39% |
Cash | -2.12% | 10.83% | -13.79% | 3.71% |
Return On Capital (ROIC) | 15.03% | 13.17% | 10.93% | 5.67% |
Debt
year (millions) | 2023 | 2022 | 2021 | 2020 | 2019 |
---|---|---|---|---|---|
Short Term Debt | 2,030 | 3,360 | 580 | 554 | 791 |
Long Term Debt | 5,180 | 4,500 | 3,580 | 3,610 | 1,580 |
LT Finance Leases | 512 | 500 | 454 | 453 | 501 |
Shares Outstanding | 142 | 142 | 145 | 148 | 155 |
Market Cap | 33,900 | 34,300 | 31,500 | 33,700 | 27,800 |
Price
News
The CMI Summit III Welcomes Pat Ryan of Ucore Rare Metals as Keynote Speaker: "Breaking China's Rare Earth Supply Chain Control with Western Innovation"
1 monthToronto, Ontario--(Newsfile Corp. - August 9, 2024) - The Critical Minerals Institute (CMI) is pleased to announce that Pat Ryan, P.Eng., Chairman & CEO, Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF), will be a keynote speaker at the upcoming CMI Summit III.
newsfilecorp.comCummins CEO Jennifer Rumsey goes one-on-one with Jim Cramer
2 monthsCummins Chair and CEO Jennifer Rumsey joins 'Mad Money' host Jim Cramer to talk quarterly results, investing in alternative fuel, generator offerings and more.
youtube.comWe're seeing a lot of growth in data centers, says Cummins CEO Jennifer Rumsey
2 monthsCummins Chair and CEO Jennifer Rumsey joins 'Mad Money' host Jim Cramer to talk quarterly results, investing in alternative fuel, generator offerings and more.
youtube.comCummins (CMI) Q2 Earnings & Sales Top Estimates, Increase Y/Y
2 monthsCummins (CMI) raises its full-year 2024 sales forecast on stronger-than-expected demand across several markets, notably in North America's on-highway and power generation sectors.
zacks.comCummins Inc. (CMI) Q2 2024 Earnings Call Transcript
2 monthsCummins Inc. (NYSE:CMI ) Q2 2024 Earnings Conference Call August 1, 2024 10:00 AM ET Company Participants Chris Clulow - Vice President, Investor Relations Jennifer Rumsey - Chair & Chief Executive Officer Mark Smith - Chief Financial Officer Conference Call Participants Steven Fisher - UBS Jamie Cook - Truist Securities Steve Volkmann - Jefferies Jerry Revich - Goldman Sachs Angel Castillo - Morgan Stanley David Raso - Evercore ISI Tami Zakaria - JPMorgan Tim Thein - Raymond James Noah Kaye - Oppenheimer Jeff Kauffman - Vertical Research Partners Kyle Menges - Citigroup Operator Greetings and welcome to Cummins, Inc. Second Quarter 2024 Earnings Call. On our call today is Jen Rumsey, Chair and CEO; Mark Smith, Vice President and CFO; and Chris Clulow, Vice President of Investor Relations.
seekingalpha.comCummins (CMI) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
2 monthsThe headline numbers for Cummins (CMI) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
zacks.comCummins (CMI) Q2 Earnings and Revenues Surpass Estimates
2 monthsCummins (CMI) came out with quarterly earnings of $5.26 per share, beating the Zacks Consensus Estimate of $4.85 per share. This compares to earnings of $5.18 per share a year ago.
zacks.comCummins raises full-year outlook as demand picks up steam
2 monthsU.S. truck engine maker Cummins Inc on Thursday beat second-quarter estimates and forecast improved revenue margins boosted by demand in the power generation market, sending its shares up 4.6% in early trading.
reuters.com6 Dividend Increases Expected In August 2024
2 months6 Dividend Increases Expected In August 2024
seekingalpha.comUnveiling Cummins (CMI) Q2 Outlook: Wall Street Estimates for Key Metrics
2 monthsLooking beyond Wall Street's top -and-bottom-line estimate forecasts for Cummins (CMI), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended June 2024.
zacks.comCummins (CMI) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release
2 monthsCummins (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.
zacks.comCummins Joins SDVerse as a Premier Partner of its One-of-a-Kind Automotive Software Marketplace
2 monthsDETROIT, July 24, 2024 (GLOBE NEWSWIRE) -- SDVerse , a marketplace for buyers and sellers of automotive software, on July 24th, 2024, announced that global power technology leader Cummins Inc. has joined the first-ever software marketplace, SDVerse, as Premier Partner. With this partnership, Cummins will gain access to innovative solutions, accelerating development with faster procurement, boosting efficiency, performance, and profitability in commercial mobility.
globenewswire.com