Grufity logoGrufity logo
StocksFundsSearch FilingsAPI

Cummins Inc Stock Research

CMI

230.89USD+1.84(+0.80%)Delayedas of 27 Sep 2023, 10:28 am
Watchlist

Market Summary

USD230.89+1.84
Delayedas of 27 Sep 2023, 10:28 am
0.80%

CMI Alerts

  • Big jump in Revenue (Y/Y)

CMI Stock Price

CMI RSI Chart

CMI Valuation

Market Cap

32.5B

Price/Earnings (Trailing)

12.5

Price/Sales (Trailing)

1.01

EV/EBITDA

9.88

Price/Free Cashflow

29.56

CMI Price/Sales (Trailing)

CMI Profitability

Operating Margin

23.94%

EBT Margin

9.35%

Return on Equity

26.67%

Return on Assets

8.16%

Free Cashflow Yield

3.38%

CMI Fundamentals

CMI Revenue

Revenue (TTM)

32.2B

Revenue Y/Y

31.16%

Revenue Q/Q

2.19%

CMI Earnings

Earnings (TTM)

2.6B

Earnings Y/Y

4.24%

Earnings Q/Q

-8.56%

Price Action

52 Week Range

198.81265.28
(Low)(High)

Last 7 days

-2.4%

Last 30 days

-1.3%

Last 90 days

-4.2%

Trailing 12 Months

14.4%

CMI Financial Health

Current Ratio

1.29

Debt/Equity

0.46

Debt/Cashflow

0.52

CMI Investor Care

Dividend Yield

2.74%

Dividend/Share (TTM)

6.28

Shares Dilution (1Y)

0.35%

Diluted EPS (TTM)

17.86

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for CMI

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-08-01
Embree Tracy A
sold (taxes)
-77,642
264
-293
president - distribution
2023-05-09
Nelson Kimberly A
acquired
-
-
757
-
2023-05-09
Di Leo Allen Bruno V
acquired
-
-
757
-
2023-05-09
DOBBS STEPHEN B
acquired
-
-
757
-
2023-05-09
Bernhard Robert J
acquired
-
-
757
-
2023-05-09
Harris Carla A
acquired
-
-
757
-
2023-05-09
NELSON GEORGIA R
acquired
-
-
757
-
2023-05-09
Belske Gary L
acquired
-
-
757
-
2023-05-09
Quintos Karen H
acquired
-
-
757
-
2023-05-09
MILLER WILLIAM I
acquired
-
-
757
-

1–10 of 50

Which funds bought or sold CMI recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-21
Baystate Wealth Management LLC
reduced
-11.95
-3,551
34,505
-%
2023-09-20
BARCLAYS PLC
added
115
80,066,000
146,295,000
0.09%
2023-09-19
BIRMINGHAM CAPITAL MANAGEMENT CO INC/AL
reduced
-2.75
-9,972
5,205,970
2.18%
2023-09-18
WASHINGTON CAPITAL MANAGEMENT, INC
sold off
-100
-525,536
-
-%
2023-09-18
CAPE ANN SAVINGS BANK
added
9.29
89,137
822,021
0.55%
2023-09-12
Farther Finance Advisors, LLC
reduced
-18.89
-19,497
96,838
0.02%
2023-09-08
TUCKER ASSET MANAGEMENT LLC
unchanged
-
379
13,228
-%
2023-09-07
ST GERMAIN D J CO INC
new
-
19,125,200
19,125,200
1.01%
2023-09-07
JAG CAPITAL MANAGEMENT, LLC
added
2.55
125,781
2,522,940
0.29%
2023-09-05
Covenant Partners, LLC
reduced
-4.47
-5,338
267,224
0.10%

1–10 of 45

Latest Funds Activity

Are funds buying CMI calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own CMI
No. of Funds

Schedule 13G FIlings of Cummins

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Jul 10, 2023
vanguard group inc
11.09%
15,705,485
SC 13G/A
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

Recent SEC filings of Cummins

View All Filings
Date Filed Form Type Document
Sep 18, 2023
144
Notice of Insider Sale Intent
Aug 29, 2023
8-K
Current Report
Aug 15, 2023
4
Insider Trading
Aug 03, 2023
8-K
Current Report
Aug 03, 2023
10-Q
Quarterly Report
Jul 12, 2023
8-K
Current Report
Jul 10, 2023
SC 13G/A
Major Ownership Report

CMI Fair Value

Loading...

Peers (Alternatives to Cummins)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
138.2B
64.8B
-1.12% 66.85%
16.54
2.13
19.88% 23.71%
110.4B
61.4B
-2.71% 14.64%
10.99
1.8
26.89% 62.82%
32.5B
32.2B
-1.29% 14.44%
12.5
1.01
29.87% 25.35%
19.6B
8.5B
-2.01% 19.36%
19.16
2.31
3.15% -10.67%
8.4B
4.7B
-18.41% -6.18%
22.35
1.78
10.19% -2.33%
MID-CAP
2.1B
1.6B
2.07% 43.00%
16.66
1.29
12.15% 49.02%
12.0B
-
-4.52% 41.08%
25.57
38.14
-70.09% 32.66%
5.8B
2.0B
-6.23% 39.23%
21.48
2.89
3.93% 27.15%
3.8B
5.0B
0.68% 93.38%
8.59
0.77
22.48% 91.50%
2.0B
2.1B
-5.95% 20.26%
16.68
0.95
3.27% -18.09%
1.9B
1.3B
-9.67% 24.62%
25.77
1.49
7.77% -14.22%
SMALL-CAP
-
9.6M
-12.08% 26.62%
-
-
-64.00% 103.64%
980.1M
951.4M
-7.15% 33.38%
19.87
1.03
4.17% 8.83%
709.7M
3.9B
-6.83% 67.02%
20.16
0.18
18.61% 115.65%
507.1M
2.2B
-6.46% 78.20%
-4.83
0.23
17.70% -829.86%

Cummins News

Nasdaq
Cummins (CMI) Stock Moves -1.06%: What You Should Know.
Nasdaq,
16 hours ago
InvestorsObserver
The Motley Fool
Why Hyliion Shares Jumped Monday.
The Motley Fool,
8 days ago
InvestorsObserver
Zacks Investment Research

Returns for CMI

Cumulative Returns on CMI

8.3%


10-Year Cumulative Returns

12.4%


7-Year Cumulative Returns

12.0%


5-Year Cumulative Returns

5.3%


3-Year Cumulative Returns

Risks for CMI

What is the probability of a big loss on CMI?

46.5%


Probability that Cummins stock will be more than 20% underwater in next one year

23.5%


Probability that Cummins stock will be more than 30% underwater in next one year.

0%


Probability that Cummins stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does CMI drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Cummins was unfortunately bought at previous high price.

Drawdowns

Financials for Cummins

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue6.8%32,19430,14228,07426,15424,78924,31424,02124,00123,15120,89219,81119,55920,20922,57823,57124,11924,29424,20523,77123,12122,463
Cost Of Revenue7.1%24,55622,92621,35519,93718,80018,57318,32618,26217,47715,80614,91714,71315,21816,83617,59117,90618,02418,13618,03417,55417,106
Gross Profit5.8%7,6387,2166,7196,2175,9895,7415,6955,7395,6745,0864,8944,8464,9915,7425,9806,2136,2706,0695,7375,5675,357
  S&GA Expenses8.9%3,0762,8252,6872,5742,4372,4152,3742,3212,2832,1532,1252,1812,2482,4072,4542,4652,4692,4532,4372,4372,466
  R&D Expenses6.4%1,4151,3301,2781,2331,1511,1281,0901,0571,0159289069229401,0021,001974961929902866850
EBITDA-100.0%-3,9573,802-3,5093,5043,524--3,1183,1113,6053,6183,6173,6153,5203,4943,4893,4783,0523,041
EBITDA Margin-100.0%-0.13*0.14*-0.14*0.14*0.15*--0.15*0.16*0.18*0.18*0.16*0.15*0.15*0.14*0.14*0.15*0.13*0.14*
Interest Expenses24.2%33426919913810510011111411110510093.0094.0010010911912312211410694.00
Earnings Before Taxes---2,819---2,751---2,338---2,834---2,753--
EBT Margin-100.0%-0.09*0.10*-0.11*0.11*0.11*--0.11*0.12*0.14*0.14*0.13*0.12*0.11*0.11*0.11*0.12*0.10*0.10*
Net Income1.2%2,5962,5662,1831,9392,0711,9762,1642,2652,2281,8851,8021,6011,7192,1252,2602,5392,6092,4792,1411,2881,049
Net Income Margin-100.0%-0.09*0.08*0.07*0.08*0.08*0.09*0.09*0.10*0.09*0.09*0.08*0.08*0.09*0.10*0.11*0.11*0.10*0.09*0.06*0.05*
Free Cashflow-100.0%-1,2881,0461,0521,2911,3301,5222,0442,7322,1422,1941,8451,7082,4822,4812,5902,3602,1611,6691,6091,414
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets1.0%31,73531,43330,29929,76924,47724,12223,71023,06322,60822,96222,62421,56820,31420,07619,73720,34620,25419,84619,06218,99218,915
  Current Assets0.3%15,41015,36814,45114,39812,76212,59612,30912,32011,93112,12211,89711,0629,8349,7909,38710,22810,45010,0919,8189,8639,835
    Cash Equivalents-9.0%1,8021,9802,1012,4992,4622,2762,5922,5882,4812,9583,4012,9671,7511,6911,1291,5601,3971,3281,3031,2221,318
  Inventory2.5%6,0265,8785,6035,5434,7654,5864,3554,3224,0763,7533,4253,4703,6553,5793,4863,8213,8963,8933,7593,8313,559
  Net PPE2.4%5,7235,5905,5215,2014,3894,3814,4224,1854,1744,1964,2554,0874,0674,1284,2454,0564,0774,0664,0963,8703,824
  Goodwill9516.0%2,40425.002,3432,2291,3911081,2871,2891,2911,2901,2931,2881,2841,2831,2861,2881,1251,1251,1261,110-
Liabilities-0.8%20,37920,55220,07420,15914,82214,75914,30914,06013,81513,93113,63512,92712,18412,05811,27211,59311,05811,11910,80310,93210,721
  Current Liabilities-7.4%11,04511,92311,42110,5307,6717,5127,0846,8616,6046,6606,3355,7096,9166,9826,2606,7256,2896,4276,3846,4166,104
  Long Term Debt15.4%5,0894,4094,4985,4503,4903,5023,5793,6023,6203,6203,6103,6091,6391,5801,5761,6191,6241,6051,5971,5631,556
    LT Debt, Current1.1%57556957355.0065.0069.0059.0055.0057.0061.0062.0058.0066.0033.0031.0037.0046.0037.0045.0041.0049.00
Shareholder's Equity-2.7%10,33710,6208,9758,3809,4298,9719,0358,7028,4479,0318,7078,6418,1308,0188,4078,7539,1968,7278,2598,0608,194
  Retained Earnings2.7%19,10218,60518,03717,62817,45016,95216,74116,55516,22815,82515,41915,11814,81114,72814,41614,31513,89713,40112,91712,51912,009
Accumulated Depreciation3.2%5,1995,0394,9865,0304,9854,9524,9364,9714,9354,8484,7564,6664,5534,4504,4544,3964,3474,2834,2234,2094,158
Shares Outstanding0.1%142142-141141142-144145147-148148149-156157157-161164
Minority Interest2.2%1,019997992978917927889921927922927941938950958943918907911869895
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations-5.1%2,1772,2931,9621,8772,0642,0812,2562,6663,3202,6822,7222,4182,3183,1483,1813,3333,1252,9072,3782,1941,924
  Share Based Compensation----36.0033.0034.0037.0034.0037.0035.0031.0034.0033.0044.0049.0052.0053.0053.0053.0045.0046.00
Cashflow From Investing4.3%-4,202-4,390-4,172-4,091-1,303-858-873-660-631-645-719-658-973-1,178-1,150-1,284-1,149-1,009-974-785-1,128
Cashflow From Financing-19.2%1,4571,8031,6691,963-896-1,979-2,227-2,363-1,902-699280-333-924-1,514-2,095-1,638-1,858-1,695-1,400-1,434-783
  Dividend Payments2.2%889870855841826819809801788784782781791777761743721719718716713
  Buy Backs-57.1%27.0063.003745446591,2951,4021,3191,1815096411,0151,7211,7211,2711,0678611,0771,140939710

CMI Income Statement

2023-06-30
CONDENSED CONSOLIDATED STATEMENTS OF NET INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]    
Revenues$ 8,638$ 6,586$ 17,091$ 12,971
Cost of sales6,4904,86012,9149,713
GROSS MARGIN2,1481,7264,1773,258
OPERATING EXPENSES AND INCOME    
Selling, general and administrative expenses8736221,6261,237
Research, development and engineering expenses384299734597
Equity, royalty and interest income from investees13395252191
Other operating expense, net27346114
OPERATING INCOME9978972,0231,501
Interest expense993418651
Other income (expense), net51(8)141(17)
INCOME BEFORE INCOME TAXES9498551,9781,433
Income tax expense (Note 5)212148435303
CONSOLIDATED NET INCOME7377071,5431,130
Less: Net income attributable to noncontrolling interests1753310
NET INCOME ATTRIBUTABLE TO CUMMINS INC.$ 720$ 702$ 1,510$ 1,120
EARNINGS PER COMMON SHARE ATTRIBUTABLE TO CUMMINS INC.    
Basic (in dollars per share)$ 5.08$ 4.97$ 10.66$ 7.90
Diluted (in dollars per share)$ 5.05$ 4.94$ 10.60$ 7.86
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING    
Basic (in shares)141.7141.2141.6141.7
Dilutive effect of stock compensation awards (in shares)0.80.80.90.8
Diluted (in shares)142.5142.0142.5142.5

CMI Balance Sheet

2023-06-30
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
shares in Millions, $ in Millions
Jun. 30, 2023
Dec. 31, 2022
Statement of Financial Position [Abstract]  
Common stock, par value (in dollars per share)$ 2.50 
Common stock, shares authorized500.0 
Common stock, shares issued222.5222.5
Treasury Stock, Common, Shares80.981.2
Current assets  
Cash and cash equivalents$ 1,802$ 2,101
Marketable securities512472
Total cash, cash equivalents and marketable securities2,3142,573
Accounts and notes receivable, net5,8635,202
Inventories (Note 7)6,0265,603
Prepaid expenses and other current assets1,2071,073
Total current assets15,41014,451
Long-term assets  
Property, plant and equipment10,92210,507
Accumulated depreciation(5,199)(4,986)
Property, plant and equipment, net5,7235,521
Investments and advances related to equity method investees1,8611,759
Goodwill2,4042,343
Other intangible assets, net2,5842,687
Pension assets (Note 3)1,5231,398
Other assets (Note 8)2,2302,140
Total assets31,73530,299
Current liabilities  
Accounts payable (principally trade)4,3084,252
Loans payable (Note 9)419210
Commercial paper (Note 9)1,6172,574
Current maturities of long-term debt (Note 9)575573
Accrued compensation, benefits and retirement costs721617
Current portion of accrued product warranty (Note 10)751726
Current portion of deferred revenue (Note 2)1,0171,004
Other accrued expenses (Note 8)1,6371,465
Total current liabilities11,04511,421
Long-term liabilities  
Long-term debt (Note 9)5,0894,498
Deferred revenue (Note 2)939844
Other liabilities (Note 8)3,3063,311
Total liabilities20,37920,074
Commitments and contingencies (Note 11)
Redeemable Noncontrolling Interest, Equity, Carrying Amount0258
Cummins Inc. shareholders' equity  
Common stock, $2.50 par value, 500 shares authorized, 222.5 and 222.5 shares issued2,5322,243
Retained earnings19,10218,037
Treasury stock, at cost, 80.9 and 81.2 shares(9,380)(9,415)
Accumulated other comprehensive loss (Note 12)(1,917)(1,890)
Total Cummins Inc. shareholders' equity10,3378,975
Noncontrolling interests1,019992
Total equity11,3569,967
Total liabilities, redeemable noncontrolling interests and equity$ 31,735$ 30,299
Norman T. Linebarger
59900
Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, electric and hybrid powertrains, and related components worldwide. It operates through five segments: Engine, Distribution, Components, Power Systems, and New Power. The company offers diesel and natural gas-powered engines under the Cummins and other customer brands for the heavy and medium-duty truck, bus, recreational vehicle, light-duty automotive, construction, mining, marine, rail, oil and gas, defense, and agricultural markets; and offers new parts and services, as well as remanufactured parts and engines. It also provides power generation systems, high-horsepower engines, heavy and medium duty engines, application engineering services, custom-designed assemblies, retail and wholesale aftermarket parts, and in-shop and field-based repair services. In addition, the company offers emission solutions; turbochargers; air and fuel filters, fuel water separators, lube and hydraulic filters, coolants, fuel additives, and other filtration systems; and electronic control modules, sensors, and supporting software, as well as new, replacement, and remanufactured fuel systems. Further, it provides automated transmissions; standby and prime power generators, controls, paralleling systems, and transfer switches, as well as A/C generator/alternator products under the Stamford and AVK brands; and electrified power systems with components and subsystems, including battery, fuel cell, and hydrogen production technologies. Additionally, it offers filtration, aftertreatment, controls systems, air handling systems, automated transmissions, electric power generation systems, and batteries. The company sells its products to original equipment manufacturers, distributors, dealers, and other customers. The company was formerly known as Cummins Engine Company and changed its name to Cummins Inc. in 2001. Cummins Inc. was founded in 1919 and is headquartered in Columbus, Indiana.