Revenue segments as reported by the company.

Engine

Distribution

Components

Power Systems

New Power

Intersegment Eliminations

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Selling, general and administrative

Research, development and engineering

Equity, royalty and interest income from investees

Other operating expense, net

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

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

Market Cap

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

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

Ameriprise Financial

Blackrock Inc

Clorox

Clmb Drs Fxd In Shs

Garmin

Infosys

KLA-Tencor

Southwest Airlines

Manulife Financial

NetEase

T. Rowe Price Group

Taiwan Semiconductor Manufacturing

United Microelectronics

ViacomCBS

Releasing two top December stocks from the MDA Growth and Dividend Breakout portfolio and two top samples from the November portfolio. The November portfolio completes the first month +15.33% led by United Microelectronics +31.5% and ViacomCBS +22.7%.

V&M Breakouts: Top Growth And Dividend Stocks For December 2020

GLADBECK, Germany--(BUSINESS WIRE)--In conjunction with European Hydrogen Week, global power leader Cummins Inc. (NYSE: CMI) today shared new research revealing that more than half of the United Kingdom (UK) commuters would be willing to travel to work on a train or bus powered by hydrogen to lower their carbon footprint and reduce emissions and nearly half of commuters in Belgium and Germany expressed the same view. This new data was obtained through a survey of 6,000 respondents in Belgium, G

Cummins Inc.: Momentum for Hydrogen Transit Grows as European Consumers Prioritise Climate Before Cost When It Comes to Travel

Does Cummins (CMI) have what it takes to be a top stock pick for momentum investors? Let's find out.

Cummins (CMI) Is Up 3.27% in One Week: What You Should Know

Cummins (CMI) envisions becoming a dominant player in the hydrogen fuel cell technology space as the world transitions to a low-carbon future.

Cummins (CMI) to Lead Hydrogen Technology, Outlines Strategy

Cummins Inc. (NYSE: CMI) sees $400 million in revenue from hydrogen-making electrolyzers in 2025. The company's vision: green hydrogen-powered fuel cell-powered trains, trucks and data centers.

Cummins sees $400M in revenue from making hydrogen in 2025

The manufacturer of diesel engines for boats, heavy-duty pickups, delivery vehicles, buses and semis sees big opportunities for its hydrogen technology.

Diesel Engine Giant Cummins Plans Hydrogen Future–With Trains Coming Before Trucks

COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI), a global power leader, today shared how the company plans to grow its fuel cell and hydrogen production business and further solidify the company as a global power leader. “As the world transitions to a low carbon future, Cummins has the financial strength to invest in hydrogen and battery technologies as well as advanced diesel and natural gas powertrains,” said Chairman and CEO Tom Linebarger. The company specifically outlined its pla

Cummins Leadership Shares Hydrogen Technology Strategy and Plans for Continued Growth

COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) today announced that it closed on the previously announced NPROXX joint venture with ETC for hydrogen storage tanks. “NPROXX's leading hydrogen storage products are an exciting complement to our broad and differentiated hydrogen portfolio,” said Amy Davis, Vice President and President, New Power at Cummins Inc. “Many companies aspire to shape tomorrow's hydrogen economy, but very few have all of the elements required. We are excited to b

Cummins Closes on NPROXX Joint Venture for Hydrogen Storage

--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI): WHAT: Virtual event followed by live Q&A with Cummins leaders about the company's outlook on the future of hydrogen fuel technologies and key actions the company is taking to continue to broaden its capabilities.   The call is intended for the investment community, media and elected officials and staff.   Spaces are limited, so please click here to reserve a spot.   WHO: Tom Linebarger, Chairman & Chief Executive Officer Amy Davis, Vice Presi

CEO and Other Cummins Leaders to Discuss the Future of Hydrogen Fuel Technologies and Its Plans to Bolster Capabilities

Microsoft

Black Hills

Cogent Communications Holdings

Evergy Inc

Healthcare Services Group

Whirlpool

All stocks have at least five fiscal years of dividend growth history and come from the U.S. Dividend Champions List. An average increase of 4.97% and a median increase of 4.89%.

8 Upcoming Dividend Increases Including Microsoft

Navistar

PACCAR

Toyota Motor

Another front opened in the battle to level the playing field for zero-emission vehicles this week when nine California legislators sent a letter to Gov. Gavin Newsom urging him to take a “technology-neutral” approach to decarbonization and not focus the state's transportation sector investments solely on battery-electric vehicles, especially in medium- and heavy-duty trucking.

California ban on diesel opens new front in hydrogen vs. electric trucking battle

COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) today announced it will open a new facility in Herten, Germany, which will initially focus on the assembly of fuel cell systems for global transportation leader Alstom's hydrogen trains. As a global power leader, Cummins has a strong presence in Europe. Employing more than 6,700 people across Europe, Cummins' European footprint includes seven manufacturing sites, 20 distribution sites and more than 300 dealers. The company already has al

Cummins to Open New Fuel Cell Systems Production Facility in Germany, Strengthening Its Commitment to Hydrogen in Europe

Ballard Power Systems

Plug Power

Hydrogen seems to be the future of energy, and these hydrogen stocks are some of the best to invest early in this clean energy transition. The post 3 Hydrogen Stocks to Buy for a Fuel Cell Future appeared first on InvestorPlace.

3 Hydrogen Stocks to Buy for a Fuel Cell Future

Engine maker Cummins Inc. (NYSE: CMI) is using grant money from the U.S. Department of Energy to develop a Class 8 fuel cell truck with longtime customer Navistar International Corp. (NYSE: NAV). It is Navistar's first foray into hydrogen-powered fuel cells.

Cummins, Navistar developing fuel cell truck for Werner testing

Cummins Inc. and Navistar International Corp. announced Wednesday a partnership to develop a heavy Class 8 truck powered by hydrogen fuel cells. The engine and engine parts makers said the project will be partly funded through an award from the U.S. Department of Energy, as part of an initiative to develop affordable hydrogen production, storage, distribution and use.

Cummins, Navistar to develop hydrogen fuel cell-powered heavy truck

INDIANAPOLIS--(BUSINESS WIRE)--Global power leader Cummins Inc. (NYSE: CMI) and Navistar International Corporation (NYSE: NAV) will work together on the development of a class 8 truck powered by hydrogen fuel cells. The project will be funded in part through an award from the U.S. Department of Energy's (DOE) Office of Energy Efficiency and Renewable Energy (EERE) previously announced in August, as part of DOE's “H2@Scale” initiative to develop affordable hydrogen production, storage, distribut

Cummins and Navistar to Collaborate on Heavy-Duty Class 8 Truck Powered by Hydrogen Fuel Cells

Cummins showed strong recovery in Q3'20 driven by improved business performance and recovery in China. Being a cyclical company coming out a recent downturn, Cummins has done a great job restructuring its business lines to position itself for strong recovery over the next 12 months.

Cummins: Strong Q3 Earnings

Air Products and Chemicals

Bloom Energy

FuelCell Energy

The hype around hydrogen power is quickly becoming a reality, and these hydrogen stocks to buy are on the leading edge of our alternative energy future. The post 6 Hydrogen Stocks To Buy For The Next Generation Of Travel appeared first on InvestorPlace.

6 Hydrogen Stocks To Buy For The Next Generation Of Travel

Cummins (CMI) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Why Cummins (CMI) Stock Might be a Great Pick

Automatic Data Processing

American Electric Power Company

Avery Dennison

Emerson Electric

Hormel Foods

Iron Mountain

McDonald's

McCormick

NIKE

Sysco

Visa

V.F.

AbbVie snuck in a nice dividend increase before the end of the month. I was caught completely off-guard by the announcement. Whirlpool delivered a 4.17% dividend increase to their shareholders. Cummins announced a 2.97% dividend increase.

6 Dividend Increases Expected In November 2020

In this article we will check out the progression of hedge fund sentiment towards Cummins Inc. (NYSE:CMI) and determine whether it is a good investment right now. We at Insider Monkey like to examine what billionaires and hedge funds think of a company before spending days of research on it. Given their 2 and 20 payment structure, hedge funds have more incentives and resources than the average investor. The funds have access to expert networks and get tips from industry insiders. They also employ numerous Ivy League graduates and MBAs. Like everyone else, hedge funds perform miserably at times, but their consensus picks have historically outperformed the market after risk adjustments.

Were These Hedge Funds Right About Betting On Cummins Inc. (CMI)?

COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) has announced the company received two federal grants totaling $4.6 million to advance commercialization of solid oxide fuel cell (SOFC) technology, which could play a critical role in helping commercial and industrial customers reduce their carbon impact while providing energy resiliency and cutting costs. SOFCs can convert fossil fuels into energy much more efficiently than combustion-based processes and can also use low- and no-carbon

Cummins Receives Federal Grants to Advance Solid Oxide Fuel Cells

Cummins (CMI) is a Great Momentum Stock: Should You Buy?

COLUMBUS, Ind.--(BUSINESS WIRE)--Today, Cummins Inc. (NYSE: CMI) announced the launch of Cummins Advocating for Racial Equity (CARE). CARE is another step forward in Cummins' intent to take a leading role in undoing systemic discrimination against the Black community in the U.S. “Institutional racism is a disease; deeply rooted and longstanding, and makes our society weaker,” said Tom Linebarger, Chairman and CEO, Cummins Inc. “It will take decisive and sustained action to dismantle racism, and

Cummins Launches National Initiative to Improve Racial Equity

Armstrong World Industries

Caterpillar

Raytheon Technologies

For years, technology has dominated the stock market, and with good reason. The profound change since the turn of the century has been breathtaking, and many normal, everyday things now were not even considered them.

Goldman Sachs Says Buy 4 Top Industrial Stocks After Very Solid Q3 Results

News for Cummins Stock (CMI)