Cummins Financial Statements From 2010 to 2025

Stocks . USA . 
Stock . Cummins
CMI Stock  USD 326.15  4.45  1.38%   
Cummins financial statements provide useful quarterly and yearly information to potential Cummins investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Cummins financial statements helps investors assess Cummins' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Cummins' valuation are summarized below:
Gross Profit
8.6 B
Profit Margin
0.1157
Market Capitalization
44.2 B
Enterprise Value Revenue
1.4533
Revenue
34.1 B
We have found one hundred twenty available fundamental signals for Cummins, which can be analyzed and compared to other ratios and to its rivals. Traders should compare all of Cummins prevailing fundamentals against the fundamentals between 2010 and 2025 to make sure the company is sustainable this year. The Cummins' current Market Cap is estimated to increase to about 45.8 B. The Cummins' current Enterprise Value is estimated to increase to about 51.4 B

Cummins Total Revenue

35.81 Billion

Check Cummins financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cummins' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.1 B, Interest Expense of 388.5 M or Selling General Administrative of 3.4 B, as well as many indicators such as Price To Sales Ratio of 1.49, Dividend Yield of 0.0279 or PTB Ratio of 4.96. Cummins financial statements analysis is a perfect complement when working with Cummins Valuation or Volatility modules.
  
Check out the analysis of Cummins Correlation against competitors.
For more detail on how to invest in Cummins Stock please use our How to Invest in Cummins guide.

Cummins Balance Sheet

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Total Assets33.1 B31.5 B19.8 B
Slightly volatile
Short and Long Term Debt Total8 B7.6 B3.4 B
Slightly volatile
Other Current Liabilities3.2 B3 B2.2 B
Slightly volatile
Total Current Liabilities11.8 B11.2 B6.4 B
Slightly volatile
Total Stockholder Equity10.8 B10.3 B7.5 B
Slightly volatile
Property Plant And Equipment Net6.7 B6.4 B4.1 B
Slightly volatile
Retained Earnings21.9 B20.8 B12.7 B
Slightly volatile
Cash921.1 M1.7 B1.7 B
Pretty Stable
Non Current Assets Total17.6 B16.8 B9.8 B
Slightly volatile
Non Currrent Assets Other4 B3.8 B1.8 B
Slightly volatile
Cash And Short Term Investments2.4 B2.3 B2.1 B
Slightly volatile
Net Receivables5.4 B5.2 B3.6 B
Slightly volatile
Common Stock Shares Outstanding169.6 M139.1 M159.6 M
Pretty Stable
Liabilities And Stockholders Equity33.1 B31.5 B19.8 B
Slightly volatile
Non Current Liabilities Total9.4 B9 B5.2 B
Slightly volatile
Inventory6 B5.7 B3.5 B
Slightly volatile
Other Current Assets1.6 B1.6 B847.7 M
Slightly volatile
Total Liabilities21.2 B20.2 B11.6 B
Slightly volatile
Property Plant And Equipment Gross12.9 B12.3 B6 B
Slightly volatile
Total Current Assets15.5 B14.8 B10 B
Slightly volatile
Short Term Debt2.5 B2.4 B900.9 M
Slightly volatile
Accounts Payable4.1 B4 B2.5 B
Slightly volatile
Intangible Assets2.5 B2.4 B1 B
Slightly volatile
Current Deferred Revenue1.4 B1.3 B653.5 M
Slightly volatile
Common Stock Total Equity1.3 B2.6 B2 B
Slightly volatile
Good Will2.5 B2.4 B1.2 B
Slightly volatile
Other Liabilities2.1 B4.2 B2.5 B
Slightly volatile
Other Assets3.7 B3.5 B2.1 B
Slightly volatile
Long Term Debt5 B4.8 B2.5 B
Slightly volatile
Property Plant Equipment6.7 B6.3 B4.1 B
Slightly volatile
Short Term Investments622.6 M593 M329.2 M
Slightly volatile
Net Tangible Assets6 B4.8 B5.5 B
Very volatile
Noncontrolling Interest In Consolidated Entity648.2 M1.1 B669.1 M
Slightly volatile
Retained Earnings Total Equity11.8 B20.7 B12.2 B
Slightly volatile
Long Term Debt Total5.4 B5.2 B2.5 B
Slightly volatile
Long Term Investments1.3 B1.9 B1.2 B
Slightly volatile
Non Current Liabilities Other583.3 M614 M1.8 B
Pretty Stable
Deferred Long Term Asset Charges255.6 M182.7 M219.6 M
Slightly volatile
Short and Long Term Debt2.4 B2.3 B848.7 M
Slightly volatile
Capital Surpluse1.9 B1.9 B1.7 B
Slightly volatile
Cash And Equivalents2 B2.4 B1.6 B
Slightly volatile
Net Invested Capital14.2 B17.3 B11.4 B
Slightly volatile
Net Working Capital2.9 B3.5 B3.4 B
Very volatile
Capital Stock475.4 M500.4 M2 B
Slightly volatile
Capital Lease Obligations542.5 M539 M500.7 M
Pretty Stable
Warrants206.4 M232.2 M253.2 M
Slightly volatile

Cummins Income Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization1.1 B1.1 B596.9 M
Slightly volatile
Selling General Administrative3.4 B3.3 B2.3 B
Slightly volatile
Total Revenue35.8 B34.1 B22.1 B
Slightly volatile
Gross Profit8.9 B8.4 B5.5 B
Slightly volatile
Other Operating Expenses31.9 B30.4 B19.8 B
Slightly volatile
Operating Income3.9 B3.8 B2.3 B
Slightly volatile
EBIT5.5 B5.3 B2.4 B
Slightly volatile
EBITDA6.7 B6.3 B3 B
Slightly volatile
Cost Of Revenue26.9 B25.7 B16.6 B
Slightly volatile
Total Operating Expenses5 B4.7 B3.2 B
Slightly volatile
Income Before Tax5.1 B4.9 B2.6 B
Slightly volatile
Net Income4.1 B3.9 B1.9 B
Slightly volatile
Income Tax Expense876.8 M835 M642.3 M
Slightly volatile
Research Development1.5 B1.5 B928.8 M
Slightly volatile
Net Income Applicable To Common Shares1.3 B2.5 B1.7 B
Slightly volatile
Net Income From Continuing Ops2.1 B4.1 B1.9 B
Slightly volatile
Non Recurring257 M346.1 M288.4 M
Slightly volatile
Tax Provision756.1 M835 M650.3 M
Slightly volatile
Interest Income195.3 M186 M74.8 M
Slightly volatile
Reconciled Depreciation831.9 M1.1 B685.2 M
Slightly volatile
Selling And Marketing Expenses30.4 M34.2 M37.3 M
Slightly volatile

Cummins Cash Flow Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation95.4 M90.8 M45.2 M
Slightly volatile
Free Cash Flow265.1 M279 M1.3 B
Pretty Stable
Begin Period Cash Flow2.3 B2.2 B1.8 B
Slightly volatile
Depreciation1.1 B1.1 B620 M
Slightly volatile
Dividends Paid1 B969 M649.5 M
Slightly volatile
Capital Expenditures1.3 B1.2 B790 M
Slightly volatile
Total Cash From Operating Activities1.3 B1.5 B2.1 B
Slightly volatile
End Period Cash Flow1 B1.7 B1.7 B
Pretty Stable
Issuance Of Capital Stock57 M58.5 M71.8 M
Slightly volatile

Financial Ratios

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.491.42181.197
Slightly volatile
Dividend Yield0.02790.020.027
Pretty Stable
PTB Ratio4.964.72083.4682
Slightly volatile
Days Sales Outstanding41.2255.453257.0514
Pretty Stable
Book Value Per Share85.3681.299552.3513
Slightly volatile
Free Cash Flow Yield0.00550.00580.0591
Slightly volatile
Operating Cash Flow Per Share5.7110.690913.0589
Slightly volatile
Stock Based Compensation To Revenue0.0020.00140.0018
Slightly volatile
Capex To Depreciation1.411.13431.3689
Slightly volatile
PB Ratio4.964.72083.4682
Slightly volatile
EV To Sales1.681.59561.2516
Slightly volatile
Free Cash Flow Per Share3.572.00598.4256
Slightly volatile
ROIC0.07510.1370.123
Slightly volatile
Inventory Turnover6.414.46935.0171
Slightly volatile
Net Income Per Share29.7928.3711.9435
Slightly volatile
Days Of Inventory On Hand51.6881.667473.7597
Slightly volatile
Payables Turnover10.146.49537.4191
Slightly volatile
Sales General And Administrative To Revenue0.180.0960.1115
Pretty Stable
Research And Ddevelopement To Revenue0.03070.04290.0409
Very volatile
Capex To Revenue0.03990.03540.0364
Slightly volatile
Cash Per Share17.0916.277213.3621
Slightly volatile
POCF Ratio34.2432.607213.6226
Slightly volatile
Interest Coverage9.6310.135127.3237
Slightly volatile
Capex To Operating Cash Flow0.770.81240.4152
Pretty Stable
PFCF Ratio18217437.2001
Slightly volatile
Days Payables Outstanding34.1256.194351.5567
Slightly volatile
ROE0.40.38420.2356
Slightly volatile
EV To Operating Cash Flow38.4236.593114.5777
Slightly volatile
PE Ratio9.5412.287616.6406
Pretty Stable
Return On Tangible Assets0.150.14710.1039
Very volatile
EV To Free Cash Flow20519540.8095
Slightly volatile
Earnings Yield0.08550.08140.0698
Pretty Stable
Intangibles To Total Assets0.160.14970.0949
Slightly volatile
Current Ratio1.321.31321.7415
Slightly volatile
Tangible Book Value Per Share49.7347.357637.6043
Slightly volatile
Receivables Turnover8.046.58216.4652
Slightly volatile
Graham Number228217111
Slightly volatile
Shareholders Equity Per Share77.5473.84447.8105
Slightly volatile
Debt To Equity0.610.73980.409
Slightly volatile
Capex Per Share9.128.6855.0696
Slightly volatile
Revenue Per Share257245143
Slightly volatile
Interest Debt Per Share60.1557.286423.8431
Slightly volatile
Debt To Assets0.190.24090.1483
Slightly volatile
Enterprise Value Over EBITDA5.98.58548.6008
Slightly volatile
Short Term Coverage Ratios0.620.653613.2511
Slightly volatile
Price Earnings Ratio9.5412.287616.6406
Pretty Stable
Operating Cycle92.9137131
Slightly volatile
Price Book Value Ratio4.964.72083.4682
Slightly volatile
Days Of Payables Outstanding34.1256.194351.5567
Slightly volatile
Price To Operating Cash Flows Ratio34.2432.607213.6226
Slightly volatile
Price To Free Cash Flows Ratio18217437.2001
Slightly volatile
Pretax Profit Margin0.150.14380.1124
Pretty Stable
Ebt Per Ebit1.371.30751.0505
Slightly volatile
Operating Profit Margin0.120.110.1064
Pretty Stable
Effective Tax Rate0.180.17030.2638
Very volatile
Company Equity Multiplier3.333.07082.5847
Slightly volatile
Long Term Debt To Capitalization0.310.31790.2256
Slightly volatile
Total Debt To Capitalization0.350.42520.2699
Slightly volatile
Return On Capital Employed0.0960.18470.1743
Slightly volatile
Debt Equity Ratio0.610.73980.409
Slightly volatile
Ebit Per Revenue0.120.110.1064
Pretty Stable
Quick Ratio0.850.8021.157
Slightly volatile
Dividend Paid And Capex Coverage Ratio1.180.68311.561
Slightly volatile
Net Income Per E B T0.860.80480.7157
Very volatile
Cash Ratio0.180.14870.3409
Slightly volatile
Cash Conversion Cycle85.5380.926383.04
Very volatile
Operating Cash Flow Sales Ratio0.05970.04360.0992
Pretty Stable
Days Of Inventory Outstanding51.6881.667473.7597
Slightly volatile
Days Of Sales Outstanding41.2255.453257.0514
Pretty Stable
Free Cash Flow Operating Cash Flow Ratio0.240.18760.5854
Pretty Stable
Cash Flow Coverage Ratios0.190.19571.0216
Slightly volatile
Price To Book Ratio4.964.72083.4682
Slightly volatile
Fixed Asset Turnover3.955.36535.2381
Pretty Stable
Capital Expenditure Coverage Ratio1.821.2312.8191
Very volatile
Price Cash Flow Ratio34.2432.607213.6226
Slightly volatile
Enterprise Value Multiple5.98.58548.6008
Slightly volatile
Debt Ratio0.190.24090.1483
Slightly volatile
Cash Flow To Debt Ratio0.190.19571.0216
Slightly volatile
Price Sales Ratio1.491.42181.197
Slightly volatile
Return On Assets0.130.12510.0944
Very volatile
Asset Turnover1.511.08121.1907
Slightly volatile
Net Profit Margin0.120.11570.0808
Pretty Stable
Gross Profit Margin0.260.24750.2545
Slightly volatile
Price Fair Value4.964.72083.4682
Slightly volatile
Return On Equity0.40.38420.2356
Slightly volatile

Cummins Valuation Data

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Market Cap45.8 B43.6 B30.3 B
Slightly volatile
Enterprise Value51.4 B49 B32.1 B
Slightly volatile

Cummins Fundamental Market Drivers

Forward Price Earnings14.4092
Cash And Short Term Investments2.3 B

Cummins Upcoming Events

6th of February 2024
Upcoming Quarterly Report
View
7th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
6th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Cummins Financial Statements

Investors use fundamental indicators, such as Cummins' revenue or net income, to determine how well the company is positioned to perform in the future. Although Cummins' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Current Deferred Revenue1.3 B1.4 B
Total Revenue34.1 B35.8 B
Cost Of Revenue25.7 B26.9 B
Sales General And Administrative To Revenue 0.10  0.18 
Research And Ddevelopement To Revenue 0.04  0.03 
Capex To Revenue 0.04  0.04 
Revenue Per Share 245.18  257.44 
Ebit Per Revenue 0.11  0.12 

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When determining whether Cummins offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cummins' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cummins Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cummins Stock:
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Check out the analysis of Cummins Correlation against competitors.
For more detail on how to invest in Cummins Stock please use our How to Invest in Cummins guide.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Construction Machinery & Heavy Transportation Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cummins. If investors know Cummins will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cummins listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.277
Dividend Share
7
Earnings Share
28.37
Revenue Per Share
246.758
Quarterly Revenue Growth
(0.01)
The market value of Cummins is measured differently than its book value, which is the value of Cummins that is recorded on the company's balance sheet. Investors also form their own opinion of Cummins' value that differs from its market value or its book value, called intrinsic value, which is Cummins' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cummins' market value can be influenced by many factors that don't directly affect Cummins' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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Piotroski
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Beneish
M Score
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Financial
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Buy or Sell
Advice
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Earnings
Projections
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Please note, there is a significant difference between Cummins' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cummins is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cummins' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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