Last 7 days
-10.1%
Last 30 days
-7.4%
Last 90 days
-2.3%
Trailing 12 Months
18.5%
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
DE | 116.4B | 55.7B | -5.98% | 1.14% | 14.22 | 2.09 | 25.13% | 45.08% |
CAT | 114.8B | 59.4B | -12.45% | 2.23% | 17.13 | 1.93 | 16.59% | 3.25% |
CMI | 32.7B | 28.1B | -7.37% | 18.51% | 14.99 | 1.17 | 16.87% | 0.88% |
DOV | 20.1B | 8.5B | -9.87% | -7.45% | 18.83 | 2.36 | 7.60% | -5.20% |
TTC | 11.2B | 4.7B | -4.82% | 28.23% | 25.37 | 2.38 | 17.70% | 8.16% |
MID-CAP | ||||||||
LECO | 9.4B | 3.8B | -6.26% | 27.12% | 19.86 | 2.49 | 16.30% | 70.81% |
WTS | 5.5B | 2.0B | -8.25% | 13.14% | 21.78 | 2.77 | 9.41% | 51.78% |
TEX | 3.4B | 4.4B | -13.62% | 31.93% | 11.23 | 0.76 | 13.66% | 35.81% |
KMT | 2.2B | 2.0B | -6.48% | -5.13% | 16.92 | 1.06 | 3.22% | 2.22% |
ALG | 2.1B | 1.5B | 7.36% | 16.17% | 20.61 | 1.39 | 13.45% | 27.02% |
MWA | 2.1B | 1.3B | -5.00% | 6.06% | 25.79 | 1.59 | 12.57% | 9.03% |
SMALL-CAP | ||||||||
CMCO | 1.0B | 935.8M | -3.82% | -14.83% | 22.16 | 1.1 | 11.48% | 69.08% |
HY | 757.0M | 3.5B | 39.59% | 31.30% | -10.22 | 0.21 | 15.37% | 57.17% |
MTW | 605.9M | 2.0B | 21.16% | 7.01% | -4.9 | 0.3 | 18.15% | -1223.64% |
ARTW | 9.7M | 28.4M | -21.88% | -64.29% | 41.49 | 0.36 | 13.76% | -54.01% |
Income Statement (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Revenue | 7.3% | 28,074 | 26,154 | 24,789 | 24,314 | 24,021 |
Cost Of Revenue | 7.1% | 21,355 | 19,937 | 18,800 | 18,573 | 18,326 |
Gross Profit | 8.1% | 6,719 | 6,217 | 5,989 | 5,741 | 5,695 |
S&GA Expenses | 4.4% | 2,687 | 2,574 | 2,437 | 2,415 | 2,374 |
R&D Expenses | 3.6% | 1,278 | 1,233 | 1,151 | 1,128 | 1,090 |
EBITDA | 8.3% | 3,802 | 3,509 | 3,504 | 3,524 | - |
EBITDA Margin | -4.3% | 0.14* | 0.14* | 0.14* | 0.15* | - |
Earnings Before Taxes | 2.5% | 2,819 | 2,751 | - | - | - |
EBT Margin | -9.5% | 0.10* | 0.11* | 0.11* | 0.11* | - |
Interest Expenses | 44.2% | 199 | 138 | 105 | 100 | 111 |
Net Income | 12.6% | 2,183 | 1,939 | 2,071 | 1,976 | 2,164 |
Net Income Margin | 4.9% | 0.08* | 0.07* | 0.08* | 0.08* | 0.09* |
Free Cahsflow | -0.6% | 1,046 | 1,052 | 1,291 | 1,330 | 1,522 |
Balance Sheet | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Assets | 1.8% | 30,299 | 29,769 | 24,477 | 24,122 | 23,710 |
Current Assets | 0.4% | 14,451 | 14,398 | 12,762 | 12,596 | 12,309 |
Cash Equivalents | -15.9% | 2,101 | 2,499 | 2,462 | 2,276 | 2,592 |
Inventory | 1.1% | 5,603 | 5,543 | 4,765 | 4,586 | 4,355 |
Net PPE | 6.2% | 5,521 | 5,201 | 4,389 | 4,381 | 4,422 |
Goodwill | 5.1% | 2,343 | 2,229 | 1,391 | 108 | 1,287 |
Liabilities | -0.4% | 20,074 | 20,159 | 14,822 | 14,759 | 14,309 |
Current Liabilities | 8.5% | 11,421 | 10,530 | 7,671 | 7,512 | 7,084 |
Long Term Debt | -17.5% | 4,498 | 5,450 | 3,490 | 3,502 | 3,579 |
LT Debt, Current | 941.8% | 573 | 55.00 | 65.00 | 69.00 | 59.00 |
Shareholder's Equity | 7.1% | 8,975 | 8,380 | 9,429 | 9,363 | 8,146 |
Retained Earnings | 2.3% | 18,037 | 17,628 | 17,450 | 16,952 | 16,741 |
Accumulated Depreciation | 0.9% | 5,030 | 4,985 | 4,952 | 4,936 | - |
Shares Outstanding | -0.1% | 141 | 141 | 142 | - | - |
Minority Interest | 1.4% | 992 | 978 | 917 | 927 | 889 |
Cashflow (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Cashflow From Operations | 4.5% | 1,962 | 1,877 | 2,064 | 2,081 | 2,256 |
Share Based Compensation | 9.1% | 36.00 | 33.00 | 34.00 | 37.00 | - |
Cashflow From Investing | -2.0% | -4,172 | -4,091 | -1,303 | -858 | -873 |
Cashflow From Financing | -15.0% | 1,669 | 1,963 | -896 | -1,979 | -2,227 |
Dividend Payments | 1.7% | 855 | 841 | 826 | 819 | 809 |
Buy Backs | -31.2% | 374 | 544 | 659 | 1,295 | 1,402 |
56.1%
29.6%
0%
Y-axis is the maximum loss one would have experienced if Cummins was unfortunately bought at previous high price.
9.8%
14.7%
10.1%
21.8%
FIve years rolling returns for Cummins.
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-03-15 | B. Riley Wealth Advisors, Inc. | reduced | -0.78 | 334,317 | 2,178,320 | 0.06% |
2023-03-10 | MATHER GROUP, LLC. | added | 10.55 | 112,689 | 469,689 | 0.01% |
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | reduced | -5.08 | 7,499,680 | 65,178,700 | 0.07% |
2023-03-06 | Rockefeller Capital Management L.P. | added | 86.79 | 1,115,000 | 2,024,000 | 0.01% |
2023-03-06 | BIRMINGHAM CAPITAL MANAGEMENT CO INC/AL | unchanged | - | 862,318 | 5,387,320 | 2.04% |
2023-03-03 | TIAA, FSB | added | 2.23 | 127,121 | 711,121 | -% |
2023-03-02 | LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA | new | - | 2,289,640 | 2,289,640 | 0.03% |
2023-03-02 | OLIVER LAGORE VANVALIN INVESTMENT GROUP | unchanged | - | 15,916 | 96,916 | 0.06% |
2023-03-01 | Regal Investment Advisors LLC | reduced | -10.03 | 22,281 | 330,281 | 0.03% |
2023-03-01 | SMITHBRIDGE ASSET MANAGEMENT INC/DE | new | - | 613,000 | 613,000 | 0.16% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Feb 09, 2023 | vanguard group inc | 9.36% | 13,205,088 | SC 13G/A | |
Feb 07, 2023 | blackrock inc. | 8.2% | 11,572,098 | SC 13G/A | |
Feb 09, 2022 | vanguard group inc | 9.03% | 12,921,906 | SC 13G/A | |
Feb 01, 2022 | blackrock inc. | 8.2% | 11,754,383 | SC 13G/A | |
Feb 10, 2021 | vanguard group inc | 8.77% | 12,979,070 | SC 13G/A | |
Jan 29, 2021 | blackrock inc. | 8.8% | 13,031,093 | SC 13G/A | |
Feb 13, 2020 | state street corp | 4.64% | 7,102,674 | SC 13G/A | |
Feb 12, 2020 | vanguard group inc | 8.21% | 12,579,161 | SC 13G/A | |
Feb 05, 2020 | blackrock inc. | 8.1% | 12,355,555 | SC 13G/A |
Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
---|---|---|---|---|---|
Very Low Inflation | 160.37 -30.83% | 212.31 -8.42% | 288.64 24.50% | 371.05 60.05% | 472.84 103.95% |
Current Inflation | 126.58 -45.40% | 166.47 -28.20% | 208.63 -10.01% | 277.67 19.77% | 319.26 37.71% |
Very High Inflation | 134.03 -42.19% | 169.75 -26.78% | 217.11 -6.35% | 272.68 17.62% | 339.13 46.28% |
Date Filed | Form Type | Document | |
---|---|---|---|
Mar 03, 2023 | 3 | Insider Trading | |
Mar 03, 2023 | 4 | Insider Trading | |
Mar 03, 2023 | 4 | Insider Trading | |
Mar 03, 2023 | 4 | Insider Trading | |
Mar 03, 2023 | 4 | Insider Trading | |
Mar 03, 2023 | 4 | Insider Trading | |
Mar 03, 2023 | 4 | Insider Trading | |
Mar 03, 2023 | 4 | Insider Trading | |
Mar 03, 2023 | 4 | Insider Trading | |
Mar 03, 2023 | 4 | Insider Trading |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-03-01 | Smith Mark Andrew | sold (taxes) | -295,314 | 249 | -1,185 | vp - chief financial officer |
2023-03-01 | Aaholm Sherry A | acquired | - | - | 1,125 | vp - chief digital officer |
2023-03-01 | Bush Jennifer Mary | acquired | - | - | 612 | vp & pres. - power systems |
2023-03-01 | Davis Amy Rochelle | sold (taxes) | -206,595 | 249 | -829 | vp & pres. - new power |
2023-03-01 | Barner Sharon R | sold (taxes) | -333,692 | 249 | -1,339 | vp - chief administrative off. |
2023-03-01 | JACKSON DONALD G | acquired | - | - | 616 | vp - treasury & tax |
2023-03-01 | Smith Mark Andrew | acquired | - | - | 4,086 | vp - chief financial officer |
2023-03-01 | Davis Amy Rochelle | acquired | - | - | 562 | vp & pres. - new power |
2023-03-01 | Stoner Nathan R | acquired | - | - | 306 | vp - china area business org |
2023-03-01 | Satterthwaite Tony | acquired | - | - | 9,107 | senior vice president |
CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Millions | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Income Statement [Abstract] | |||
Net sales | $ 28,074 | $ 24,021 | $ 19,811 |
Cost of sales | 21,355 | 18,326 | 14,917 |
Gross Profit | 6,719 | 5,695 | 4,894 |
OPERATING EXPENSES AND INCOME | |||
Selling, general and administrative expenses | 2,687 | 2,374 | 2,125 |
Research, development and engineering expenses | 1,278 | 1,090 | 906 |
Equity, royalty and interest income from investees | 349 | 506 | 452 |
Other operating income (expense), net | 174 | 31 | 46 |
OPERATING INCOME | 2,929 | 2,706 | 2,269 |
Interest expense (Note 13) | 199 | 111 | 100 |
Other income, net | 89 | 156 | 169 |
INCOME BEFORE INCOME TAXES | 2,819 | 2,751 | 2,338 |
Income tax expense (Note 5) | 636 | 587 | 527 |
CONSOLIDATED NET INCOME | 2,183 | 2,164 | 1,811 |
Less: Net income attributable to noncontrolling interests | 32 | 33 | 22 |
Cummins share of net income | $ 2,151 | $ 2,131 | $ 1,789 |
EARNINGS PER COMMON SHARE ATTRIBUTABLE TO CUMMINS INC. (Note 21) | |||
Basic (in dollars per share) | $ 15.20 | $ 14.74 | $ 12.07 |
Diluted (in dollars per share) | $ 15.12 | $ 14.61 | $ 12.01 |
CONSOLIDATED BALANCE SHEETS - USD ($) shares in Millions, $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
---|---|---|
Statement of Financial Position [Abstract] | ||
Common stock, par value (in dollars per share) | $ 2.50 | |
Common stock, shares authorized | 500.0 | |
Common stock, shares issued | 222.5 | 222.5 |
Treasury stock, shares | 81.2 | 80.0 |
Current assets | ||
Cash and cash equivalents | $ 2,101 | $ 2,592 |
Marketable securities | 472 | 595 |
Cash, cash equivalents and marketable securities | 2,573 | 3,187 |
Accounts and notes receivable, net | ||
Trade and other | 4,826 | 3,565 |
Nonconsolidated equity investees | 376 | 425 |
Inventories (Note 7) | 5,603 | 4,355 |
Prepaid expenses and other current assets | 1,073 | 777 |
Total current assets | 14,451 | 12,309 |
Long-term assets | ||
Property, plant and equipment, net (Note 8) | 5,521 | 4,422 |
Investments and advances related to equity method investees (Note 4) | 1,759 | 1,538 |
Goodwill (Note 10) | 2,343 | 1,287 |
Other intangible assets, net (Note 10) | 2,687 | 900 |
Pension assets (Note 11) | 1,398 | 1,488 |
Other assets | 2,140 | 1,766 |
Total assets | 30,299 | 23,710 |
Current liabilities | ||
Accounts payable (principally trade) | 4,252 | 3,021 |
Loans payable (Note 13) | 210 | 208 |
Commercial paper (Note 13) | 2,574 | 313 |
Current maturities of long-term debt (Note 13) | 573 | 59 |
Accrued compensation, benefits and retirement costs | 617 | 683 |
Current portion of accrued product warranty (Note 14) | 726 | 755 |
Current portion of deferred revenue (Note 3) | 1,004 | 855 |
Other accrued expenses (Note 12) | 1,465 | 1,190 |
Total current liabilities | 11,421 | 7,084 |
Long-term liabilities | ||
Long-term debt (Note 13) | 4,498 | 3,579 |
Deferred revenue (Note 3) | 844 | 850 |
Other liabilities | 3,311 | 2,796 |
Total liabilities | 20,074 | 14,309 |
Commitments and contingencies (Note 15) | ||
Redeemable Noncontrolling Interest, Equity, Carrying Amount | 258 | 366 |
Cummins Inc. shareholders’ equity (Note 17) | ||
Common stock, $2.50 par value, 500 shares authorized, 222.5 and 222.5 shares issued | 2,243 | 2,099 |
Retained earnings | 18,037 | 16,741 |
Treasury stock, at cost, 81.2 and 80.0 shares | (9,415) | (9,123) |
Accumulated other comprehensive loss (Note 18) | (1,890) | (1,571) |
Total Cummins Inc. shareholders' equity | 8,975 | 8,146 |
Noncontrolling interests (Note 19) | 992 | 889 |
Total equity | 9,967 | 9,035 |
Total liabilities, redeemable noncontrolling interests and equity | $ 30,299 | $ 23,710 |