Cummins Financials

CMI Stock  USD 321.70  8.78  2.81%   
Based on the key indicators related to Cummins' liquidity, profitability, solvency, and operating efficiency, Cummins is performing exceptionally good at this time. It has a great probability to report excellent financial results in April. As of now, Cummins' Total Current Liabilities is increasing as compared to previous years. The Cummins' current Total Stockholder Equity is estimated to increase to about 10.8 B, while Cash is projected to decrease to under 921.1 M. Key indicators impacting Cummins' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.120.1157
Sufficiently Up
Pretty Stable
Return On Assets0.130.1251
Sufficiently Up
Very volatile
Return On Equity0.40.3842
Sufficiently Up
Slightly volatile
Debt Equity Ratio0.610.7398
Significantly Down
Slightly volatile
Operating Income3.9 B3.8 B
Sufficiently Up
Slightly volatile
Current Ratio1.321.3132
Slightly Up
Slightly volatile
Investors should never underestimate Cummins' ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Cummins' cash flow, debt, and profitability to make informed and accurate decisions about investing in Cummins.

Cash And Equivalents

2.05 Billion

  
Understanding current and past Cummins Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Cummins' financial statements are interrelated, with each one affecting the others. For example, an increase in Cummins' assets may result in an increase in income on the income statement.

Cummins Earnings Geography

Cummins Stock Summary

Cummins competes with Illinois Tool, Dover, Eaton PLC, Parker Hannifin, and Emerson Electric. Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, electric and hybrid powertrains, and related components worldwide. Cummins Inc. was founded in 1919 and is headquartered in Columbus, Indiana. Cummins operates under Specialty Industrial Machinery classification in the United States and is traded on New York Stock Exchange. It employs 59900 people.
Specialization
Industrials, Specialty Industrial Machinery
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS2310211063
CUSIP231021106 125761304
LocationIndiana; U.S.A
Business Address500 Jackson Street,
SectorMachinery
IndustryIndustrials
BenchmarkDow Jones Industrial
Websitewww.cummins.com
Phone812 377 5000
CurrencyUSD - US Dollar

Cummins Key Financial Ratios

Cummins Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets22.6B23.7B30.3B32.0B31.5B33.1B
Other Current Liab1.8B2.2B2.3B4.9B3.0B3.2B
Net Debt763M1.6B5.8B5.0B5.9B6.2B
Retained Earnings15.4B16.7B18.0B17.9B20.8B21.9B
Cash3.4B2.6B2.1B2.2B1.7B921.1M
Net Receivables3.8B4.0B5.2B5.6B5.2B5.4B
Inventory3.4B4.4B5.6B5.7B5.7B6.0B
Other Current Assets790M777M1.1B1.2B1.6B1.6B
Total Liab13.6B14.3B20.1B22.1B20.2B21.2B
Total Current Assets11.9B12.3B14.5B15.2B14.8B15.5B
Short Term Debt682M708M3.5B2.0B2.4B2.5B
Accounts Payable2.8B3.0B4.3B4.3B4.0B4.1B
Common Stock2.4B2.4B2.2B556M2.6B2.8B
Intangible Assets963M900M2.7B2.5B2.4B2.5B
Good Will1.3B1.3B2.3B2.5B2.4B2.5B
Other Liab3.1B3.3B3.6B3.6B4.2B2.1B
Other Assets2.1B2.3B3.3B3.0B3.5B3.7B
Long Term Debt3.6B3.6B4.5B4.8B4.8B5.0B
Treasury Stock(7.2B)(7.8B)(9.1B)(9.4B)(8.5B)(8.0B)
Net Tangible Assets5.2B5.8B6.3B4.2B4.8B6.0B

Cummins Key Income Statement Accounts

202020212022202320242025 (projected)
Interest Expense100M111M199M375M370M388.5M
Total Revenue19.8B24.0B28.1B34.1B34.1B35.8B
Gross Profit4.9B5.7B6.7B8.2B8.4B8.9B
Operating Income1.8B2.7B2.2B1.8B3.8B3.9B
Ebit2.5B2.2B3.0B1.8B5.3B5.5B
Ebitda3.1B2.9B3.8B1.8B6.3B6.7B
Cost Of Revenue14.9B18.3B21.4B25.8B25.7B26.9B
Income Before Tax2.3B2.8B2.8B1.6B4.9B5.1B
Net Income1.8B2.1B2.2B735M3.9B4.1B
Income Tax Expense527M587M636M786M835M876.8M
Research Development906M1.1B1.3B1.5B1.5B1.5B
Minority Interest22M(33M)(32M)(80M)(122M)(115.9M)
Tax Provision527M587M636M757M835M756.1M
Interest Income74M111M199M87M186M195.3M
Net Interest Income(26M)(111M)(199M)(283M)(184M)(193.2M)

Cummins Key Cash Accounts

202020212022202320242025 (projected)
Change To Inventory46M(945M)(567M)330M(402M)(381.9M)
Change In Cash2.3B(809M)(491M)78M(508M)(482.6M)
Free Cash Flow2.1B1.5B1.0B2.8B279M265.1M
Depreciation673M662M784M1.0B1.1B1.1B
Other Non Cash Items(354M)(249M)275M75M(1.3B)(1.2B)
Dividends Paid782M809M855M921M969M1.0B
Capital Expenditures575M786M916M1.2B1.2B1.3B
Net Income1.8B2.2B2.2B840M4.1B4.3B
End Period Cash Flow3.4B2.6B2.1B2.2B1.7B1.0B
Investments(171M)(181M)(4.2B)(1.5B)(1.8B)(1.7B)
Net Borrowings(163M)1.6B(32M)2.8B3.2B3.4B
Change To Netincome18M(424M)(534M)(134M)(120.6M)(114.6M)
Change Receivables195M(51M)(174M)(697M)(627.3M)(595.9M)

Cummins Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Cummins's current stock value. Our valuation model uses many indicators to compare Cummins value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Cummins competition to find correlations between indicators driving Cummins's intrinsic value. More Info.
Cummins is rated second in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.19  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Cummins is roughly  5.15 . As of now, Cummins' Return On Equity is increasing as compared to previous years. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Cummins' earnings, one of the primary drivers of an investment's value.

Cummins' Earnings Breakdown by Geography

Cummins Systematic Risk

Cummins' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Cummins volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fifty with a total number of output elements of eleven. The Beta measures systematic risk based on how returns on Cummins correlated with the market. If Beta is less than 0 Cummins generally moves in the opposite direction as compared to the market. If Cummins Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Cummins is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Cummins is generally in the same direction as the market. If Beta > 1 Cummins moves generally in the same direction as, but more than the movement of the benchmark.

Cummins Thematic Clasifications

Cummins is part of Machinery investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Machinery industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
MachineryView
This theme covers USA Equities from Machinery industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Cummins Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Cummins' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Cummins growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.0289

As of now, Cummins' Price Earnings To Growth Ratio is increasing as compared to previous years.

Cummins March 17, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Cummins help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Cummins. We use our internally-developed statistical techniques to arrive at the intrinsic value of Cummins based on widely used predictive technical indicators. In general, we focus on analyzing Cummins Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Cummins's daily price indicators and compare them against related drivers.

Complementary Tools for Cummins Stock analysis

When running Cummins' price analysis, check to measure Cummins' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cummins is operating at the current time. Most of Cummins' value examination focuses on studying past and present price action to predict the probability of Cummins' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cummins' price. Additionally, you may evaluate how the addition of Cummins to your portfolios can decrease your overall portfolio volatility.
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