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Cummins Inc

Industrials US CMI

333.1USD
-0.64(0.19%)

Last update at 2024-10-30T18:55:00Z

Day Range

327.95333.98
LowHigh

52 Week Range

198.93304.25
LowHigh

Fundamentals

  • Previous Close 333.74
  • Market Cap39058.89M
  • Volume198722
  • P/E Ratio20.97
  • Dividend Yield2.35%
  • EBITDA4373.00M
  • Revenue TTM34015.00M
  • Revenue Per Share TTM240.13
  • Gross Profit TTM 6736.00M
  • Diluted EPS TTM13.62

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 2819.00M 2751.00M 2338.00M 2834.00M 2753.00M
Minority interest -32.00000M -33.00000M 22.00M 8.00M 46.00M
Net income 2151.00M 2131.00M 1789.00M 2260.00M 2141.00M
Selling general administrative 2687.00M 2374.00M 2125.00M 2454.00M 2437.00M
Selling and marketing expenses - - - - -
Gross profit 6719.00M 5695.00M 4894.00M 5980.00M 5737.00M
Reconciled depreciation 784.00M 662.00M 673.00M 672.00M 611.00M
Ebit 2234.00M 2706.00M 1765.00M 2700.00M 2256.00M
Ebitda 3018.00M 2862.00M 2438.00M 3062.00M 2867.00M
Depreciation and amortization 784.00M 156.00M 673.00M 362.00M 611.00M
Non operating income net other 89.00M 156.00M 169.00M 243.00M 81.00M
Operating income 2234.00M 2706.00M 1765.00M 2700.00M 2786.00M
Other operating expenses 25494.00M 21821.00M 17994.00M 21082.00M 21379.00M
Interest expense 199.00M 111.00M 100.00M 109.00M 114.00M
Tax provision 636.00M 587.00M 527.00M 566.00M 566.00M
Interest income 199.00M 111.00M 74.00M 46.00M 35.00M
Net interest income -199.00000M -111.00000M -26.00000M -74.00000M -90.00000M
Extraordinary items - - - 0.00000M -12.00000M
Non recurring - - - - -
Other items - - - - -
Income tax expense 636.00M 587.00M 527.00M 566.00M 566.00M
Total revenue 28074.00M 24021.00M 19811.00M 23571.00M 23771.00M
Total operating expenses 4139.00M 3495.00M 3077.00M 3491.00M 3345.00M
Cost of revenue 21355.00M 18326.00M 14917.00M 17591.00M 18034.00M
Total other income expense net 585.00M 45.00M 573.00M 134.00M 440.00M
Discontinued operations - - - - -
Net income from continuing ops 2183.00M 2164.00M 1811.00M 2268.00M 2187.00M
Net income applicable to common shares 2151.00M 2131.00M 1789.00M 2260.00M 2141.00M
Preferred stock and other adjustments - - - - -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 32005.00M 30299.00M 23710.00M 22624.00M 19737.00M
Intangible assets 2519.00M 2687.00M 900.00M 963.00M 1003.00M
Earning assets - - - - -
Other current assets 1197.00M 1073.00M 777.00M 790.00M 761.00M
Total liab 22101.00M 20074.00M 14309.00M 13635.00M 11272.00M
Total stockholder equity 8850.00M 8975.00M 8474.00M 8062.00M 7507.00M
Deferred long term liab - - - - -
Other current liab 5391.00M 2808.00M 2628.00M 2270.00M 2402.00M
Common stock 556.00M 2243.00M 2427.00M 2404.00M 2346.00M
Capital stock 556.00M 2243.00M 2427.00M 2404.00M 2346.00M
Retained earnings 17851.00M 18037.00M 16741.00M 15419.00M 14416.00M
Other liab - 3636.00M 3646.00M 3324.00M 3066.00M
Good will 2499.00M 2343.00M 1287.00M 1293.00M 1286.00M
Other assets - 3046.00M 3254.00M 2337.00M 2083.00M
Cash 2179.00M 2101.00M 2592.00M 3401.00M 1129.00M
Cash and equivalents - 2101.00M 2592.00M 3401.00M 1129.00M
Total current liabilities 12903.00M 11421.00M 7084.00M 6335.00M 6260.00M
Current deferred revenue 1220.00M 1004.00M 855.00M 691.00M 533.00M
Net debt 5029.00M 5754.00M 1567.00M 763.00M 1238.00M
Short term debt 2032.00M 3357.00M 580.00M 554.00M 791.00M
Short long term debt 1894.00M 3357.00M 580.00M 554.00M 791.00M
Short long term debt total 7208.00M 7855.00M 4159.00M 4164.00M 2367.00M
Other stockholder equity -7351.00000M -9415.00000M -9123.00000M -7779.00000M -7227.00000M
Property plant equipment - 5521.00M 4422.00M 4255.00M 4245.00M
Total current assets 15198.00M 14451.00M 12309.00M 11897.00M 9387.00M
Long term investments 1800.00M 1759.00M 1538.00M 1441.00M 1237.00M
Net tangible assets - 4203.00M 6287.00M 5806.00M 5218.00M
Short term investments 562.00M 472.00M 595.00M 461.00M 341.00M
Net receivables 5583.00M 5202.00M 3990.00M 3820.00M 3670.00M
Long term debt 4802.00M 4498.00M 3579.00M 3610.00M 1576.00M
Inventory 5677.00M 5603.00M 4355.00M 3425.00M 3486.00M
Accounts payable 4260.00M 4252.00M 3021.00M 2820.00M 2534.00M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - 992.00M 927.00M 927.00M 958.00M
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -2206.00000M -1890.00000M -1571.00000M -1982.00000M -2028.00000M
Additional paid in capital - - - - -
Common stock total equity - 2243.00M 2427.00M 2404.00M 2346.00M
Preferred stock total equity - - - - -
Retained earnings total equity - 18037.00M 16741.00M 15419.00M 14416.00M
Treasury stock - -9415.00000M -9123.00000M -7779.00000M -7225.00000M
Accumulated amortization - - - - -
Non currrent assets other 2157.00M 2913.00M 2826.00M 2296.00M 1578.00M
Deferred long term asset charges - - - - -
Non current assets total 16807.00M 15848.00M 11401.00M 10727.00M 10350.00M
Capital lease obligations 512.00M 500.00M 454.00M 453.00M 501.00M
Long term debt total - 4498.00M 3579.00M 3610.00M 1576.00M
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Investments -1536.00000M -4172.00000M -181.00000M -171.00000M -170.00000M
Change to liabilities - 368.00M 758.00M 409.00M -422.00000M
Total cashflows from investing activities - -4172.00000M -873.00000M -719.00000M -1150.00000M
Net borrowings - 2814.00M -32.00000M 1614.00M -163.00000M
Total cash from financing activities -2177.00000M 1669.00M -2227.00000M 280.00M -2095.00000M
Change to operating activities - -194.00000M 354.00M 200.00M 160.00M
Net income 840.00M 2183.00M 2164.00M 1811.00M 2268.00M
Change in cash 78.00M -491.00000M -809.00000M 2272.00M -174.00000M
Begin period cash flow 2101.00M 2592.00M 3401.00M 1129.00M 1303.00M
End period cash flow 2179.00M 2101.00M 2592.00M 3401.00M 1129.00M
Total cash from operating activities 3966.00M 1962.00M 2256.00M 2722.00M 3181.00M
Issuance of capital stock - 65.00M 56.00M 88.00M -
Depreciation 1024.00M 784.00M 662.00M 673.00M 672.00M
Other cashflows from investing activities - 58.00M 74.00M -20.00000M -280.00000M
Dividends paid 921.00M 855.00M 809.00M 782.00M 761.00M
Change to inventory 330.00M -567.00000M -945.00000M 46.00M 291.00M
Change to account receivables -330.00000M -697.00000M -0.00017M 31.00M -12.00000M
Sale purchase of stock -4.00000M -374.00000M -1402.00000M -641.00000M -1271.00000M
Other cashflows from financing activities -120.00000M 4448.00M 39.00M 2025.00M 100.00M
Change to netincome - -134.00000M -534.00000M -424.00000M 18.00M
Capital expenditures 1213.00M 916.00M 786.00M 575.00M 775.00M
Change receivables - -697.00000M -174.00000M -51.00000M 195.00M
Cash flows other operating - 25.00M 79.00M 258.00M 159.00M
Exchange rate changes - - 35.00M -11.00000M -110.00000M
Cash and cash equivalents changes - -541.00000M -809.00000M 2272.00M -174.00000M
Change in working capital 2418.00M -1006.00000M -365.00000M 554.00M 209.00M
Stock based compensation 79.00M 36.00M 37.00M 31.00M 49.00M
Other non cash items 214.00M 275.00M -249.00000M -354.00000M -13.00000M
Free cash flow 2753.00M 1046.00M 1470.00M 2147.00M 2406.00M

Peer Comparison

Sector: Industrials Industry: Specialty Industrial Machinery

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
CMI
Cummins Inc
-0.64 0.19% 333.10 20.97 16.10 1.20 4.62 1.33 14.98
SIEGY
Siemens AG ADR
-0.05 0.05% 97.36 17.07 15.75 1.88 2.76 2.37 11.38
SMAWF
Siemens AG Class N
- -% 192.75 16.98 15.53 1.83 2.72 2.35 11.32
GE
GE Aerospace
0.91 0.52% 174.96 12.87 26.60 1.61 4.69 1.61 8.43
SBGSY
Schneider Electric SA
0.47 0.90% 52.57 25.90 20.92 3.12 3.98 3.50 17.37

Reports Covered

Stock Research & News

Profile

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 Accelera. 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 parts and services, as well as remanufactured parts and engines. It provides power generation systems, 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, and electric power generation systems, and batteries. It 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.

Cummins Inc

500 Jackson Street, Columbus, IN, United States, 47202-3005

Key Executives

Name Title Year Born
Mr. N. Thomas Linebarger Exec. Chairman 1963
Ms. Jennifer W. Rumsey Pres, CEO & Director 1974
Mr. Livingston L. Satterthwaite Sr. VP 1961
Mr. Mark A. Smith Chief Financial Officer 1968
Mr. Srikanth Padmanabhan Pres of Engine Bus. 1965
Mr. Walter Jim Fier Chief Technical Officer 1965
Ms. Sharon R. Barner Chief Admin. Officer 1958
Mr. Christopher C. Clulow VP of Investor Relations 1972
Hon. Nicole Y. Lamb-Hale VP & Gen. Counsel 1967
Ms. Schuyla Jeanniton Exec. Director of Ethics & Compliance and Chief of Staff NA

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