Last 7 days
-2.4%
Last 30 days
-1.3%
Last 90 days
-4.2%
Trailing 12 Months
14.4%
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
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 | - |
Datesorted ascending | Fund Name | Type | % 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% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form 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 |
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 |
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
CAT | 138.2B | 64.8B | -1.12% | 66.85% | 16.54 | 2.13 | 19.88% | 23.71% |
DE | 110.4B | 61.4B | -2.71% | 14.64% | 10.99 | 1.8 | 26.89% | 62.82% |
CMI | 32.5B | 32.2B | -1.29% | 14.44% | 12.5 | 1.01 | 29.87% | 25.35% |
DOV | 19.6B | 8.5B | -2.01% | 19.36% | 19.16 | 2.31 | 3.15% | -10.67% |
TTC | 8.4B | 4.7B | -18.41% | -6.18% | 22.35 | 1.78 | 10.19% | -2.33% |
MID-CAP | ||||||||
ALG | 2.1B | 1.6B | 2.07% | 43.00% | 16.66 | 1.29 | 12.15% | 49.02% |
LECO | 12.0B | - | -4.52% | 41.08% | 25.57 | 38.14 | -70.09% | 32.66% |
WTS | 5.8B | 2.0B | -6.23% | 39.23% | 21.48 | 2.89 | 3.93% | 27.15% |
TEX | 3.8B | 5.0B | 0.68% | 93.38% | 8.59 | 0.77 | 22.48% | 91.50% |
KMT | 2.0B | 2.1B | -5.95% | 20.26% | 16.68 | 0.95 | 3.27% | -18.09% |
MWA | 1.9B | 1.3B | -9.67% | 24.62% | 25.77 | 1.49 | 7.77% | -14.22% |
SMALL-CAP | ||||||||
ARTW | - | 9.6M | -12.08% | 26.62% | - | - | -64.00% | 103.64% |
CMCO | 980.1M | 951.4M | -7.15% | 33.38% | 19.87 | 1.03 | 4.17% | 8.83% |
HY | 709.7M | 3.9B | -6.83% | 67.02% | 20.16 | 0.18 | 18.61% | 115.65% |
MTW | 507.1M | 2.2B | -6.46% | 78.20% | -4.83 | 0.23 | 17.70% | -829.86% |
8.3%
12.4%
12.0%
5.3%
46.5%
23.5%
0%
Y-axis is the maximum loss one would have experienced if Cummins was unfortunately bought at previous high price.
Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Revenue | 6.8% | 32,194 | 30,142 | 28,074 | 26,154 | 24,789 | 24,314 | 24,021 | 24,001 | 23,151 | 20,892 | 19,811 | 19,559 | 20,209 | 22,578 | 23,571 | 24,119 | 24,294 | 24,205 | 23,771 | 23,121 | 22,463 |
Cost Of Revenue | 7.1% | 24,556 | 22,926 | 21,355 | 19,937 | 18,800 | 18,573 | 18,326 | 18,262 | 17,477 | 15,806 | 14,917 | 14,713 | 15,218 | 16,836 | 17,591 | 17,906 | 18,024 | 18,136 | 18,034 | 17,554 | 17,106 |
Gross Profit | 5.8% | 7,638 | 7,216 | 6,719 | 6,217 | 5,989 | 5,741 | 5,695 | 5,739 | 5,674 | 5,086 | 4,894 | 4,846 | 4,991 | 5,742 | 5,980 | 6,213 | 6,270 | 6,069 | 5,737 | 5,567 | 5,357 |
S&GA Expenses | 8.9% | 3,076 | 2,825 | 2,687 | 2,574 | 2,437 | 2,415 | 2,374 | 2,321 | 2,283 | 2,153 | 2,125 | 2,181 | 2,248 | 2,407 | 2,454 | 2,465 | 2,469 | 2,453 | 2,437 | 2,437 | 2,466 |
R&D Expenses | 6.4% | 1,415 | 1,330 | 1,278 | 1,233 | 1,151 | 1,128 | 1,090 | 1,057 | 1,015 | 928 | 906 | 922 | 940 | 1,002 | 1,001 | 974 | 961 | 929 | 902 | 866 | 850 |
EBITDA | -100.0% | - | 3,957 | 3,802 | - | 3,509 | 3,504 | 3,524 | - | - | 3,118 | 3,111 | 3,605 | 3,618 | 3,617 | 3,615 | 3,520 | 3,494 | 3,489 | 3,478 | 3,052 | 3,041 |
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 Expenses | 24.2% | 334 | 269 | 199 | 138 | 105 | 100 | 111 | 114 | 111 | 105 | 100 | 93.00 | 94.00 | 100 | 109 | 119 | 123 | 122 | 114 | 106 | 94.00 |
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 Income | 1.2% | 2,596 | 2,566 | 2,183 | 1,939 | 2,071 | 1,976 | 2,164 | 2,265 | 2,228 | 1,885 | 1,802 | 1,601 | 1,719 | 2,125 | 2,260 | 2,539 | 2,609 | 2,479 | 2,141 | 1,288 | 1,049 |
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% | - | 1,288 | 1,046 | 1,052 | 1,291 | 1,330 | 1,522 | 2,044 | 2,732 | 2,142 | 2,194 | 1,845 | 1,708 | 2,482 | 2,481 | 2,590 | 2,360 | 2,161 | 1,669 | 1,609 | 1,414 |
Balance Sheet | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Assets | 1.0% | 31,735 | 31,433 | 30,299 | 29,769 | 24,477 | 24,122 | 23,710 | 23,063 | 22,608 | 22,962 | 22,624 | 21,568 | 20,314 | 20,076 | 19,737 | 20,346 | 20,254 | 19,846 | 19,062 | 18,992 | 18,915 |
Current Assets | 0.3% | 15,410 | 15,368 | 14,451 | 14,398 | 12,762 | 12,596 | 12,309 | 12,320 | 11,931 | 12,122 | 11,897 | 11,062 | 9,834 | 9,790 | 9,387 | 10,228 | 10,450 | 10,091 | 9,818 | 9,863 | 9,835 |
Cash Equivalents | -9.0% | 1,802 | 1,980 | 2,101 | 2,499 | 2,462 | 2,276 | 2,592 | 2,588 | 2,481 | 2,958 | 3,401 | 2,967 | 1,751 | 1,691 | 1,129 | 1,560 | 1,397 | 1,328 | 1,303 | 1,222 | 1,318 |
Inventory | 2.5% | 6,026 | 5,878 | 5,603 | 5,543 | 4,765 | 4,586 | 4,355 | 4,322 | 4,076 | 3,753 | 3,425 | 3,470 | 3,655 | 3,579 | 3,486 | 3,821 | 3,896 | 3,893 | 3,759 | 3,831 | 3,559 |
Net PPE | 2.4% | 5,723 | 5,590 | 5,521 | 5,201 | 4,389 | 4,381 | 4,422 | 4,185 | 4,174 | 4,196 | 4,255 | 4,087 | 4,067 | 4,128 | 4,245 | 4,056 | 4,077 | 4,066 | 4,096 | 3,870 | 3,824 |
Goodwill | 9516.0% | 2,404 | 25.00 | 2,343 | 2,229 | 1,391 | 108 | 1,287 | 1,289 | 1,291 | 1,290 | 1,293 | 1,288 | 1,284 | 1,283 | 1,286 | 1,288 | 1,125 | 1,125 | 1,126 | 1,110 | - |
Liabilities | -0.8% | 20,379 | 20,552 | 20,074 | 20,159 | 14,822 | 14,759 | 14,309 | 14,060 | 13,815 | 13,931 | 13,635 | 12,927 | 12,184 | 12,058 | 11,272 | 11,593 | 11,058 | 11,119 | 10,803 | 10,932 | 10,721 |
Current Liabilities | -7.4% | 11,045 | 11,923 | 11,421 | 10,530 | 7,671 | 7,512 | 7,084 | 6,861 | 6,604 | 6,660 | 6,335 | 5,709 | 6,916 | 6,982 | 6,260 | 6,725 | 6,289 | 6,427 | 6,384 | 6,416 | 6,104 |
Long Term Debt | 15.4% | 5,089 | 4,409 | 4,498 | 5,450 | 3,490 | 3,502 | 3,579 | 3,602 | 3,620 | 3,620 | 3,610 | 3,609 | 1,639 | 1,580 | 1,576 | 1,619 | 1,624 | 1,605 | 1,597 | 1,563 | 1,556 |
LT Debt, Current | 1.1% | 575 | 569 | 573 | 55.00 | 65.00 | 69.00 | 59.00 | 55.00 | 57.00 | 61.00 | 62.00 | 58.00 | 66.00 | 33.00 | 31.00 | 37.00 | 46.00 | 37.00 | 45.00 | 41.00 | 49.00 |
Shareholder's Equity | -2.7% | 10,337 | 10,620 | 8,975 | 8,380 | 9,429 | 8,971 | 9,035 | 8,702 | 8,447 | 9,031 | 8,707 | 8,641 | 8,130 | 8,018 | 8,407 | 8,753 | 9,196 | 8,727 | 8,259 | 8,060 | 8,194 |
Retained Earnings | 2.7% | 19,102 | 18,605 | 18,037 | 17,628 | 17,450 | 16,952 | 16,741 | 16,555 | 16,228 | 15,825 | 15,419 | 15,118 | 14,811 | 14,728 | 14,416 | 14,315 | 13,897 | 13,401 | 12,917 | 12,519 | 12,009 |
Accumulated Depreciation | 3.2% | 5,199 | 5,039 | 4,986 | 5,030 | 4,985 | 4,952 | 4,936 | 4,971 | 4,935 | 4,848 | 4,756 | 4,666 | 4,553 | 4,450 | 4,454 | 4,396 | 4,347 | 4,283 | 4,223 | 4,209 | 4,158 |
Shares Outstanding | 0.1% | 142 | 142 | - | 141 | 141 | 142 | - | 144 | 145 | 147 | - | 148 | 148 | 149 | - | 156 | 157 | 157 | - | 161 | 164 |
Minority Interest | 2.2% | 1,019 | 997 | 992 | 978 | 917 | 927 | 889 | 921 | 927 | 922 | 927 | 941 | 938 | 950 | 958 | 943 | 918 | 907 | 911 | 869 | 895 |
Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Cashflow From Operations | -5.1% | 2,177 | 2,293 | 1,962 | 1,877 | 2,064 | 2,081 | 2,256 | 2,666 | 3,320 | 2,682 | 2,722 | 2,418 | 2,318 | 3,148 | 3,181 | 3,333 | 3,125 | 2,907 | 2,378 | 2,194 | 1,924 |
Share Based Compensation | - | - | - | - | 36.00 | 33.00 | 34.00 | 37.00 | 34.00 | 37.00 | 35.00 | 31.00 | 34.00 | 33.00 | 44.00 | 49.00 | 52.00 | 53.00 | 53.00 | 53.00 | 45.00 | 46.00 |
Cashflow From Investing | 4.3% | -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% | 1,457 | 1,803 | 1,669 | 1,963 | -896 | -1,979 | -2,227 | -2,363 | -1,902 | -699 | 280 | -333 | -924 | -1,514 | -2,095 | -1,638 | -1,858 | -1,695 | -1,400 | -1,434 | -783 |
Dividend Payments | 2.2% | 889 | 870 | 855 | 841 | 826 | 819 | 809 | 801 | 788 | 784 | 782 | 781 | 791 | 777 | 761 | 743 | 721 | 719 | 718 | 716 | 713 |
Buy Backs | -57.1% | 27.00 | 63.00 | 374 | 544 | 659 | 1,295 | 1,402 | 1,319 | 1,181 | 509 | 641 | 1,015 | 1,721 | 1,721 | 1,271 | 1,067 | 861 | 1,077 | 1,140 | 939 | 710 |
CONDENSED CONSOLIDATED STATEMENTS OF NET INCOME - USD ($) shares in Millions, $ in Millions | 3 Months Ended | 6 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 sales | 6,490 | 4,860 | 12,914 | 9,713 |
GROSS MARGIN | 2,148 | 1,726 | 4,177 | 3,258 |
OPERATING EXPENSES AND INCOME | ||||
Selling, general and administrative expenses | 873 | 622 | 1,626 | 1,237 |
Research, development and engineering expenses | 384 | 299 | 734 | 597 |
Equity, royalty and interest income from investees | 133 | 95 | 252 | 191 |
Other operating expense, net | 27 | 3 | 46 | 114 |
OPERATING INCOME | 997 | 897 | 2,023 | 1,501 |
Interest expense | 99 | 34 | 186 | 51 |
Other income (expense), net | 51 | (8) | 141 | (17) |
INCOME BEFORE INCOME TAXES | 949 | 855 | 1,978 | 1,433 |
Income tax expense (Note 5) | 212 | 148 | 435 | 303 |
CONSOLIDATED NET INCOME | 737 | 707 | 1,543 | 1,130 |
Less: Net income attributable to noncontrolling interests | 17 | 5 | 33 | 10 |
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) | 141.7 | 141.2 | 141.6 | 141.7 |
Dilutive effect of stock compensation awards (in shares) | 0.8 | 0.8 | 0.9 | 0.8 |
Diluted (in shares) | 142.5 | 142.0 | 142.5 | 142.5 |
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 authorized | 500.0 | |
Common stock, shares issued | 222.5 | 222.5 |
Treasury Stock, Common, Shares | 80.9 | 81.2 |
Current assets | ||
Cash and cash equivalents | $ 1,802 | $ 2,101 |
Marketable securities | 512 | 472 |
Total cash, cash equivalents and marketable securities | 2,314 | 2,573 |
Accounts and notes receivable, net | 5,863 | 5,202 |
Inventories (Note 7) | 6,026 | 5,603 |
Prepaid expenses and other current assets | 1,207 | 1,073 |
Total current assets | 15,410 | 14,451 |
Long-term assets | ||
Property, plant and equipment | 10,922 | 10,507 |
Accumulated depreciation | (5,199) | (4,986) |
Property, plant and equipment, net | 5,723 | 5,521 |
Investments and advances related to equity method investees | 1,861 | 1,759 |
Goodwill | 2,404 | 2,343 |
Other intangible assets, net | 2,584 | 2,687 |
Pension assets (Note 3) | 1,523 | 1,398 |
Other assets (Note 8) | 2,230 | 2,140 |
Total assets | 31,735 | 30,299 |
Current liabilities | ||
Accounts payable (principally trade) | 4,308 | 4,252 |
Loans payable (Note 9) | 419 | 210 |
Commercial paper (Note 9) | 1,617 | 2,574 |
Current maturities of long-term debt (Note 9) | 575 | 573 |
Accrued compensation, benefits and retirement costs | 721 | 617 |
Current portion of accrued product warranty (Note 10) | 751 | 726 |
Current portion of deferred revenue (Note 2) | 1,017 | 1,004 |
Other accrued expenses (Note 8) | 1,637 | 1,465 |
Total current liabilities | 11,045 | 11,421 |
Long-term liabilities | ||
Long-term debt (Note 9) | 5,089 | 4,498 |
Deferred revenue (Note 2) | 939 | 844 |
Other liabilities (Note 8) | 3,306 | 3,311 |
Total liabilities | 20,379 | 20,074 |
Commitments and contingencies (Note 11) | ||
Redeemable Noncontrolling Interest, Equity, Carrying Amount | 0 | 258 |
Cummins Inc. shareholders' equity | ||
Common stock, $2.50 par value, 500 shares authorized, 222.5 and 222.5 shares issued | 2,532 | 2,243 |
Retained earnings | 19,102 | 18,037 |
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' equity | 10,337 | 8,975 |
Noncontrolling interests | 1,019 | 992 |
Total equity | 11,356 | 9,967 |
Total liabilities, redeemable noncontrolling interests and equity | $ 31,735 | $ 30,299 |