• Industrial - Machinery
  • Industrials
Cummins Inc. logo
Cummins Inc.
CMI · US · NYSE
293.97
USD
-3.27
(1.11%)
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
Business Segments (Beta)
Geographical Segments (Beta)
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 month

Toronto, 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.com
Cummins CEO Jennifer Rumsey goes one-on-one with Jim Cramer
2 months

Cummins Chair and CEO Jennifer Rumsey joins 'Mad Money' host Jim Cramer to talk quarterly results, investing in alternative fuel, generator offerings and more.

youtube.com
We're seeing a lot of growth in data centers, says Cummins CEO Jennifer Rumsey
2 months

Cummins Chair and CEO Jennifer Rumsey joins 'Mad Money' host Jim Cramer to talk quarterly results, investing in alternative fuel, generator offerings and more.

youtube.com
Cummins (CMI) Q2 Earnings & Sales Top Estimates, Increase Y/Y
2 months

Cummins (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.com
Cummins Inc. (CMI) Q2 2024 Earnings Call Transcript
2 months

Cummins 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.com
Cummins (CMI) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
2 months

The 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.com
Cummins (CMI) Q2 Earnings and Revenues Surpass Estimates
2 months

Cummins (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.com
Cummins raises full-year outlook as demand picks up steam
2 months

U.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.com
6 Dividend Increases Expected In August 2024
2 months

6 Dividend Increases Expected In August 2024

seekingalpha.com
Unveiling Cummins (CMI) Q2 Outlook: Wall Street Estimates for Key Metrics
2 months

Looking 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.com
Cummins (CMI) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release
2 months

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.

zacks.com
Cummins Joins SDVerse as a Premier Partner of its One-of-a-Kind Automotive Software Marketplace
2 months

DETROIT, 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