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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.

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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 Q1 2023

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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.

Get a deeper insight into the potential performance of Cummins (CMI) for the quarter ended September 2023 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

Ahead of Cummins (CMI) Q3 Earnings: Get Ready With Wall Street Estimates for Key Metrics

Bloom Energy

Plug Power

A lack of price competition has prevented hydrogen energy from garnering investment attention, unlike solar and wind projects have enjoyed. While the Biden Administration did pass the Inflation Reduction Act in 2022, which provides tax incentives and subsidies to clean energy projects, hydrogen stocks haven't done so well in 2023.

3 Hydrogen Stocks to Buy Now OR Regret Later

COLUMBUS, Ind.--(BUSINESS WIRE)--Today, Cummins announced that Amy Davis will assume leadership of both the Accelera and Components Business Segments, serving as Vice President and President – Accelera and Components, effective November 1. “I am thrilled to have Amy lead both the Components and Accelera business segments,” said Jennifer Rumsey, Chair and CEO, Cummins Inc. “When we launched our Destination Zero strategy in 2022, we emphasized that we will win with the knowledge and capabilities.

Cummins names Amy Davis President of Components Business Segment; she will continue to lead Accelera

The Zacks Consensus Estimate for Cummins' (CMI) Q3 earnings per share and revenues is pegged at $4.63 and $8.14 billion, respectively.

Cummins (CMI) to Report Q3 Earnings: Here's What to Expect

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.

Cummins (CMI) Earnings Expected to Grow: Should You Buy?

In the closing of the recent trading day, Cummins (CMI) stood at $216.30, denoting a -1.32% change from the preceding trading day.

Cummins (CMI) Suffers a Larger Drop Than the General Market: Key Insights

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Dividend Income Summary: Lanny's September 2023 Summary

COLUMBUS, Ind.--(BUSINESS WIRE)--Today, Cummins Inc. (NYSE: CMI) announced that Mahesh Narang, Cummins Vice President and President of the Components Business, is departing Cummins on Oct. 27 to pursue an external opportunity. Mahesh served in a variety of business leadership roles during his more-than 20-year career at Cummins. “Mahesh's impact on Cummins and our people are lasting,” said Jennifer Rumsey, Cummins Inc. Chair and CEO. “He has capably led with a focus on excellence and building s.

Cummins Components President Mahesh Narang to depart the company

COLUMBUS, Ind.--(BUSINESS WIRE)-- #cummins--Please replace the release with the following corrected version due to multiple revisions. The updated release reads: CUMMINS COLLABORATES WITH INDUSTRY PARTNERS ON OPEN TELEMATICS ARCHITECTURE FOR COMMERCIAL VEHICLES Today global power and technology leader Cummins Inc. (NYSE: CMI) announced its collaboration with the Eclipse Foundation, Microsoft, and industry partners to release a new and innovative approach to develop telematics software for commercial vehic.

CORRECTING and REPLACING Cummins Collaborates with Industry Partners on Open Telematics Architecture for Commercial Vehicles

COLUMBUS, Ind.--(BUSINESS WIRE)-- #cummins--Today global power and technology leader Cummins Inc. (NYSE: CMI) announced its collaboration with the Eclipse Foundation, Microsoft, and industry partners to release a new and innovative approach to develop telematics software for commercial vehicles. The Open Telematics Framework is being designed to allow companies to accelerate time to market and reduce costs. It allows each company to write their telematics application once and deploy it to any telematics h.

Cummins Collaborates with Industry Partners on Open Telematics Architecture for Commercial Vehicles

Cummins' shares are trading at a 12.9x TTM P/E and offer a 3.0% dividend yield, making them attractive after a market pullback. The company has shown continued revenue growth, with total revenues of $8.6 billion in the latest quarter, up 31.2%. Cummins is making strategic shifts into new energy transportation, including acquisitions and partnerships in the electric vehicle and hydrogen powered engines.

Cummins: Driving Profits Across Generational Portfolio Updates

Cummins Inc. is a well-respected OEM known for its high-performing engines and diversified product offerings. The company recently separated its filtration business and launched a power business, Accelera energy technology. Analysts expect management to focus on product enhancement, growth, and increasing dividends, and the stock has a positive outlook with price targets ranging from $253 to $294.

Cummins: Dividend Raised 18 Years/2.95% Yield - High Quality Industrial

COLUMBUS, Ind.--(BUSINESS WIRE)--Today, Cummins Inc. (NYSE: CMI) announced the election of Daniel W. Fisher to its Board of Directors. “I am delighted to welcome Dan to our Board of Directors,” said Jennifer Rumsey, Chair and CEO, Cummins Inc. “Dan brings a wealth of financial, business operations, and leadership expertise to this role. His leadership experience across several industries will further strengthen our Board as we continue innovating for the growing and evolving needs of our busine.

Cummins Elects Daniel W. Fisher to Its Board of Directors

COLUMBUS, Ind.--(BUSINESS WIRE)--Today, Cummins Inc. (NYSE: CMI) announced the unveiling of its first combined solution to leverage solutions from its Cummins-Meritor portfolio engineered specifically for the demands of wheeled defense vehicles. This proof-of-concept drivetrain will be unveiled at the 2024 Annual AUSA Conference in Washington, DC, October 9-11. Leveraging the strengths of several existing Cummins' product lines to demonstrate Cummins' ability to offer a complete vehicle powertr.

Cummins, Inc. Debuts Combined Drivetrain for Defense Applications

ORLANDO, Fla.--(BUSINESS WIRE)--Laser Photonics Corporation, a leading global developer of industrial laser systems for laser cleaning and other material applications, today announced it finalized an order from Cummins Natural Gas Engines, a global power technology leader that specializes in alternative fuel engines and generators, for an LPC-1500-CTHD CleanTech laser blasting system for industrial cleaning and maintenance of their natural gas engines at their New Mexico facility. "Our LPC-1500.

Cummins Natural Gas Engines Purchases CleanTech Laser Cleaning System To Streamline Engine Maintenance

NANTERRE (FRANCE) OCTOBER 02nd, 2023 FORVIA AND CUMMINS SUCCESSFULLY COMPLETE DEAL TRANSFERRING PARTS OF FORVIA'S COMMERCIAL VEHICLE BUSINESS IN EUROPE AND NORTH AMERICA TO CUMMINS  FORVIA confirms the successful completion of the transaction first announced on 23 May 2023 transferring designated parts of FORVIA's commercial vehicle exhaust aftertreatment business in Europe and in the United States, for a total transaction value of EUR 199.2 million, to its longstanding partner Cummins. As part of this transaction, Cummins acquired two plants located in Roermond (Netherlands) and Columbus South (Indiana, USA) as well as their related programs.

FORVIA AND CUMMINS SUCCESSFULLY COMPLETE DEAL TRANSFERRING FORVIA S COMMERCIAL VEHICLE BUSINESS IN EUROPE AND NORTH AMERICA TO CUMMINS

COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) today announced that Cummins Emission Solutions completed its acquisition of two Faurecia commercial vehicle manufacturing plants and their related activities, one in Columbus, Indiana (U.S.), and one in Roermond, Netherlands. Faurecia is a global automotive technology leader and company of the FORVIA Group. “We announced our intent to acquire this portion of Faurecia's business in May of 2023, and the Cummins, Faurecia and FORVIA teams.

Cummins Acquires Portions of Faurecia's Commercial Vehicle Exhaust Aftertreatment Business in Europe and the United States

PHOENIX--(BUSINESS WIRE)--Knight Transportation, Cummins, and Clean Energy Demonstrate Potential of Ultra-Low Carbon Fuel Through Cummins X15N Natural Gas Powertrains.

Knight Transportation, Cummins, and Clean Energy Demonstrate Potential of Ultra-Low Carbon Fuel Through Cummins X15N Natural Gas Powertrains in California

Cummins' diluted EPS payout ratio is poised to improve from the high 30% range in 2022 to the low 30% range in 2023. The company logged double-digit net sales and diluted EPS growth through the first half of the year. Cummins' admirable financial positioning earns it solidly investment-grade credit ratings from S&P and Moody's.

Cummins: A Dividend Growth Stock That Can Keep Your Portfolio Trucking Along

Caterpillar

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Better Dividend Stock to Buy? Caterpillar Stock or Cummins Stock

Hyliion

AUSTIN, Texas--(BUSINESS WIRE)--Hyliion Holdings Corp. (NYSE: HYLN) (“Hyliion”), a leader in electrified solutions for Class 8 semi-trucks, and Cummins Inc. (NYSE: CMI) (“Cummins”), a global power solutions provider, today announced the two companies together have successfully obtained the Dual Executive Order from the California Air Resources Board (CARB) for the Hypertruck ERX powertrain paired with the Cummins ISX12N engine. “This certification is pivotal to commercializing our Hypertruck ER.

Hyliion and Cummins Receive Certification From the California Air Resource Board for the Hypertruck ERX Electric Powertrain

COLUMBUS, Ind.--(BUSINESS WIRE)-- #cummins--Cummins Inc. (NYSE: CMI), a global power solutions provider and Terex® Advance, leading manufacturer of front-discharge concrete mixer trucks, announced today the signing of a Letter of Intent (LOI) to integrate Cummins' X15H hydrogen internal combustion engines into the Terex Advance Commander Series. “As the global need to reduce emissions becomes stronger, we are actively pursuing practical, cost-effective strategies to help our ready-mix customers decarboniz.

Terex Advance Signs Letter of Intent to Integrate and Offer Cummins X15H

PACCAR

Cummins (CMI), PACCAR (PCAR) and Daimler collaborate for battery cell production in the United States.

Cummins (CMI), PACCAR (PCAR) and Daimler Form a Battery JV

The revenue and net income growth for Cummins is good. Free cash flow growth has lulled the last three years due to expenditures on Meritor Acquisition. Their balance sheet is healthy from a Net Debt/EBIDTA basis even with a recent spike of this metric, due to the same acquisition. They have an excellent share repurchase program and minimal stock-based compensation, providing more value for the investor.

Cummins: 5 Factors Make This A Strong Buy

Accelera, a zero-emissions business unit of Cummins , and Daimler Trucks & Buses US Holding said on Wednesday they formed a joint venture to advance battery cell production in the United States.

News for Cummins Stock (CMI)