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CMI

249.75USD+0.49(+0.20%)Market Closed

Cummins Inc

Market Summary

USD249.75+0.49Market Closed
0.20%

CMI Alerts

CMI Stock Price

RSI Chart

Valuation

Market Cap

34.6B

Price/Earnings

16.69

Price/Sales

1.39

Price/Cashflow

16.75

MarketCap/EBT

11.31

Price/Sales

Profitability

Operating Margin

24.16%

EBT Margin

11.10%

Return on Equity

23.7%

Return on Assets

8.46%

Fundamentals

Revenue

Revenue (TTM)

26.2B

Revenue Y/Y

22.87%

Revenue Q/Q

11.34%

Earnings

Earnings (TTM)

2.1B

Earnings Y/Y

15.52%

Earnings Q/Q

67.14%

Price Action

52 Week Range

181.87253.53
(Low)(High)

Last 7 days

-0.3%

Last 30 days

4.2%

Last 90 days

18.1%

Trailing 12 Months

18.8%

Financial Health

Current Ratio

1.66

Debt/Equity

0.4

Debt/Cashflow

0.59

Investor Care

Dividend Yield

2.37%

Dividend/Share (TTM)

5.96

Buy Backs (1Y)

2.69%

Diluted EPS (TTM)

13.43

Peers (Alternatives to Cummins)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
121.5B
48.4B
15.46% 28.27%
19.7
2.51
14.00% 13.42%
116.5B
56.6B
10.06% 22.81%
17.23
2.16
16.98% 53.73%
34.6B
26.2B
4.18% 18.82%
16.69
1.39
8.97% -7.05%
19.0B
8.4B
9.72% -13.18%
16.29
2.27
8.57% 23.48%
11.1B
4.3B
9.43% 10.82%
28.85
2.59
12.07% -8.55%
MID-CAP
8.1B
3.7B
6.82% 10.67%
18.58
2.21
19.16% 63.79%
4.8B
1.9B
13.56% -16.44%
22.68
2.49
15.06% 49.12%
2.6B
4.2B
19.02% 7.69%
11.17
0.62
13.76% 69.38%
2.1B
2.0B
16.46% -23.62%
14.81
1.06
9.29% 165.69%
SMALL-CAP
1.8B
1.2B
3.27% -13.99%
20.67
1.5
12.28% 8.81%
1.8B
1.4B
1.44% 5.86%
21.38
1.25
15.70% 16.86%
805.3M
921.5M
16.48% -26.66%
17.77
0.87
16.66% 841.69%
494.5M
3.4B
4.34% -14.72%
-2.2
0.15
14.41% -226.86%
318.7M
1.9B
6.89% -50.51%
21.53
0.17
15.49% 0.60%
9.7M
26.7M
-2.83% -41.17%
41.49
0.36
16.03% 120.85%

Financials for Cummins

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue5.5%26,15424,78924,31424,02124,001
Cost Of Revenue6.0%19,93718,80018,57318,32618,262
Gross Profit3.8%6,2175,9895,7415,6955,739
  S&GA Expenses5.6%2,5742,4372,4152,3742,321
  R&D Expenses7.1%1,2331,1511,1281,0901,057
Earnings Before Taxes-2,751
Net Income4.8%2,0711,9762,1642,265
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets21.6%29,76924,47724,12223,71023,063
  Current Assets12.8%14,39812,76212,59612,30912,320
    Cash Equivalents1.5%2,4992,4622,2762,5922,588
  Inventory16.3%5,5434,7654,5864,3554,322
  Net PPE18.5%5,2014,3894,3814,4224,185
  Goodwill60.2%2,2291,3911,2861,2871,289
Liabilities36.0%20,15914,82214,75914,30914,060
  Current Liabilities37.3%10,5307,6717,5127,0846,861
  Long Term Debt56.2%5,4503,4903,5023,5793,602
    LT Debt, Current-15.4%5565695955
Shareholder's Equity-4.1%8,3808,7388,4368,4748,082
  Retained Earnings1.0%17,62817,45016,95216,74116,555
Accumulated Depreciation0.9%5,0304,9854,9524,9364,971
Shares Outstanding-0.7%141142142144-
Minority Interest6.7%978917927927921
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations-9.1%1,8772,0642,0812,2562,666
  Share Based Compensation9.1%3633343734
Cashflow From Investing-214.0%-4,091.00-1,303.00-858.00-873.00-660.00
Cashflow From Financing319.1%1,963-896.00-1,979.00-2,227.00-2,363.00
  Dividend Payments1.8%841826819809801
  Buy Backs-17.5%5446591,2951,4021,319

Risks

What is the probability of a big loss on CMI?

56.1%


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

29.6%


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.

Returns

Cumulative Returns on CMI

12.8%


10-Year Cumulative Returns

18.6%


7-Year Cumulative Returns

11.7%


5-Year Cumulative Returns

14.9%


3-Year Cumulative Returns

What are the long-term rolling returns for CMI?

FIve years rolling returns for Cummins.

Which funds bought or sold CMI recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Gould Capital, LLC
UNCHANGED
-
1,000
17,000
0.01%
2022-11-23
Toroso Investments, LLC
ADDED
33.08
234,000
819,000
0.03%
2022-11-23
Aurora Investment Counsel
REDUCED
-49.07
-1,695,000
1,836,000
1.39%
2022-11-23
Eagle Bay Advisors LLC
REDUCED
-0.51
3,523
79,000
0.05%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
13,852,000
13,852,000
0.16%
2022-11-22
CVA Family Office, LLC
UNCHANGED
-
1,000
20,000
-%
2022-11-22
B. Riley Wealth Advisors, Inc.
ADDED
65.17
781,000
1,844,000
0.06%
2022-11-22
IHT Wealth Management, LLC
ADDED
66.48
392,000
915,000
0.07%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
REDUCED
-2.91
989,000
48,154,000
0.08%
2022-11-21
ST GERMAIN D J CO INC
UNCHANGED
-
-
15,348,000
1.01%

1–10 of 45

Latest Funds Activity

Are funds buying CMI calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own CMI

Cummins News

Investor's Business Daily

Dow Jones Stocks: Chevron Leads 5 Blue Chips Near Buy Points | Investor's Business Daily.11 hours ago

CMI Fair Value

Cummins fair value in different scenarios

The table shows the Fair Value estimates for Cummins for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

160.37

-35.79%

212.31

-14.99%

288.64

15.57%

371.05

48.57%

472.84

89.33%

Current Inflation

148.61

-40.50%

193.03

-22.71%

255.59

2.34%

325.38

30.28%

410.44

64.34%

Very High Inflation

134.03

-46.33%

169.75

-32.03%

217.11

-13.07%

272.68

9.18%

339.13

35.79%

Historical Cummins Fair Value Estimates


Recent SEC filings of Cummins

View All Filings
Date Filed Form Type Document
Nov 28, 2022
4
Insider Trading
Nov 28, 2022
4
Insider Trading
Nov 16, 2022
4
Insider Trading
Nov 16, 2022
4
Insider Trading
Nov 16, 2022
4
Insider Trading
Nov 16, 2022
4
Insider Trading
Nov 16, 2022
3
Insider Trading
Nov 15, 2022
4
Insider Trading
Nov 15, 2022
4
Insider Trading
Nov 15, 2022
8-K
Current Report

Latest Insider Trading transactions for CMI

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-22
LINEBARGER NORMAN THOMAS
GIFTED
-
-
-20,051
Chairman & Executive Chairman
2022-11-22
Barner Sharon R
GIFTED
-
-
-204
VP - Chief Administrative Off.
2022-11-16
Di Leo Allen Bruno V
SOLD
-237,786
250.301
-950
-
2022-11-16
ChangDiaz Franklin R
SOLD
-797,887
249.34
-3,200
-
2022-11-14
LINEBARGER NORMAN THOMAS
SOLD
-13,713,500
250.205
-54,809
Chairman & Executive Chairman
2022-11-14
Satterthwaite Tony
ACQUIRED
1,136,480
149.34
7,610
Senior Vice President
2022-11-14
Barner Sharon R
SOLD
-614,808
251.764
-2,442
VP - Chief Administrative Off.
2022-11-14
LINEBARGER NORMAN THOMAS
ACQUIRED
6,129,840
111.84
54,809
Chairman & Executive Chairman
2022-11-14
Barner Sharon R
ACQUIRED
399,096
163.43
2,442
VP - Chief Administrative Off.
2022-11-14
Satterthwaite Tony
SOLD
-1,902,930
250.057
-7,610
Senior Vice President

1–10 of 50

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.

CMI Income Statement

2022-09-30
CONDENSED CONSOLIDATED STATEMENTS OF NET INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended9 Months Ended
Sep. 30, 2022
Oct. 03, 2021
Sep. 30, 2022
Oct. 03, 2021
Income Statement [Abstract]    
NET SALES (a) (Note 2)[1]$ 7,333$ 5,968$ 20,304$ 18,171
Cost of sales (Note 3)5,6914,55415,40413,793
GROSS MARGIN1,6421,4144,9004,378
OPERATING EXPENSES AND INCOME    
Selling, general and administrative expenses7085711,9451,745
Research, development and engineering expenses348266945802
Equity, royalty and interest income from investees7094261397
Other operating expense, net (Note 3)30514417
OPERATING INCOME6266662,1272,211
Interest expense612811285
Other income, net433726111
INCOME BEFORE INCOME TAXES6086752,0412,237
Income tax expense (Note 6)199134502473
CONSOLIDATED NET INCOME4095411,5391,764
Less: Net income attributable to noncontrolling interests971927
NET INCOME ATTRIBUTABLE TO CUMMINS INC.$ 400$ 534$ 1,520$ 1,737
EARNINGS PER COMMON SHARE ATTRIBUTABLE TO CUMMINS INC.    
Basic (in dollars per share)$ 2.83$ 3.72$ 10.74$ 11.96
Diluted (in dollars per share)$ 2.82$ 3.69$ 10.68$ 11.86
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING    
Basic (in shares)141.1143.5141.5145.2
Dilutive effect of stock compensation awards (in shares)0.91.20.81.3
Diluted (in shares)142.0144.7142.3146.5
Revenue from Related Parties[1]$ 295$ 385$ 920$ 1,286
[1](a) Includes sales to nonconsolidated equity investees of $295 million and $920 million for the three and nine months ended September 30, 2022, compared with $385 million and $1,286 million for the comparable periods in 2021.

CMI Balance Sheet

2022-09-30
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
shares in Millions, $ in Millions
Sep. 30, 2022
Dec. 31, 2021
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, shares81.580.0
Current assets  
Cash and cash equivalents$ 2,499$ 2,592
Marketable securities466595
Total cash, cash equivalents and marketable securities2,9653,187
Accounts and notes receivable, net  
Trade and other4,4503,565
Nonconsolidated equity investees349425
Inventories (Note 8)5,5434,355
Prepaid expenses and other current assets1,091777
Total current assets14,39812,309
Long-term assets  
Property, plant and equipment10,2319,358
Accumulated depreciation(5,030)(4,936)
Property, plant and equipment, net5,2014,422
Investments and advances related to equity method investees1,8261,538
Goodwill2,2291,287
Other intangible assets, net2,602900
Pension assets (Note 4)1,5361,488
Other assets (Note 10)1,9771,766
Total assets29,76923,710
Current liabilities  
Accounts payable (principally trade)4,0003,021
Loans payable (Note 11)217208
Commercial paper (Note 11)2,393313
Accrued compensation, benefits and retirement costs575683
Current portion of accrued product warranty (Note 12)801755
Current portion of deferred revenue (Note 2)921855
Other accrued expenses (Note 10)1,5681,190
Current maturities of long-term debt (Note 11)5559
Total current liabilities10,5307,084
Long-term liabilities  
Long-term debt (Note 11)5,4503,579
Pensions and other postretirement benefits (Note 4)678604
Accrued product warranty (Note 12)742684
Deferred revenue (Note 2)867850
Other liabilities (Note 10)1,8921,508
Total liabilities20,15914,309
Commitments and contingencies (Note 13)
Redeemable Noncontrolling Interest, Equity, Carrying Amount252366
Cummins Inc. shareholders' equity  
Common stock, $2.50 par value, 500 shares authorized, 222.5 and 222.5 shares issued2,2142,099
Retained earnings17,62816,741
Treasury stock, at cost, 81.5 and 80.0 shares(9,449)(9,123)
Accumulated other comprehensive loss (Note 15)(2,013)(1,571)
Total Cummins Inc. shareholders' equity8,3808,146
Noncontrolling interests978889
Total equity9,3589,035
Total liabilities, redeemable noncontrolling interests and equity$ 29,769$ 23,710