CMI RSI Chart
Last 7 days
5.6%
Last 30 days
9.0%
Last 90 days
22.5%
Trailing 12 Months
28.9%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 30.1B | 32.2B | 33.3B | 34.1B |
2022 | 24.3B | 24.8B | 26.2B | 28.1B |
2021 | 20.9B | 23.2B | 24.0B | 24.0B |
2020 | 22.6B | 20.2B | 19.6B | 19.8B |
2019 | 24.2B | 24.3B | 24.1B | 23.6B |
2018 | 21.4B | 22.5B | 23.1B | 23.8B |
2017 | 18.2B | 19.0B | 19.7B | 20.4B |
2016 | 0 | 0 | 0 | 17.5B |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Mar 18, 2024 | satterthwaite tony | sold | - | - | -333 | senior vice president |
Mar 18, 2024 | miller william i | sold | - | - | -349 | - |
Mar 18, 2024 | quintos karen h | sold | - | - | -76.9181 | - |
Mar 01, 2024 | smith mark andrew | sold (taxes) | -1,104,010 | 270 | -4,085 | vp - chief financial officer |
Mar 01, 2024 | aaholm sherry a | acquired | - | - | 2,580 | vp - chief digital officer |
Mar 01, 2024 | newsome earl | sold (taxes) | -296,475 | 270 | -1,097 | vp - chief information officer |
Mar 01, 2024 | smith mark andrew | acquired | - | - | 9,390 | vp - chief financial officer |
Mar 01, 2024 | wood jonathan david | sold (taxes) | -148,643 | 270 | -550 | vice president & cto |
Mar 01, 2024 | wiltrout jeffrey t | sold (taxes) | -61,078 | 270 | -226 | vp - corporate strategy |
Mar 01, 2024 | newsome earl | acquired | - | - | 3,526 | vp - chief information officer |
Which funds bought or sold CMI recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Mar 26, 2024 | HighPoint Advisor Group LLC | new | - | 1,038,000 | 1,038,000 | 0.07% |
Mar 22, 2024 | Livelsberger Financial Advisory | new | - | 2,186 | 2,186 | -% |
Mar 22, 2024 | PNC FINANCIAL SERVICES GROUP, INC. | reduced | -1.9 | 856,991 | 30,684,600 | 0.02% |
Mar 19, 2024 | Accent Capital Management, LLC | new | - | 59,893 | 59,893 | 0.05% |
Mar 18, 2024 | CoreFirst Bank & Trust | unchanged | - | 4,566 | 98,463 | 0.06% |
Mar 15, 2024 | B. Riley Wealth Advisors, Inc. | reduced | -13.32 | -150,771 | 1,506,460 | 0.04% |
Mar 15, 2024 | CAPE ANN SAVINGS BANK | reduced | -1.72 | 23,008 | 805,484 | 0.53% |
Mar 14, 2024 | ABLES, IANNONE, MOORE & ASSOCIATES, INC. | new | - | 958 | 958 | -% |
Mar 14, 2024 | Leo Wealth, LLC | new | - | 273,458 | 273,458 | 0.03% |
Mar 13, 2024 | MONECO Advisors, LLC | reduced | -6.32 | -9,567 | 521,669 | 0.10% |
Unveiling Cummins Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed S&P 500 Index
Grufity's Fair Value model takes all the S&P 500 stocks and divides them into separate buckets based on their attractiveness. The 'Very Cheap' bucket of S&P 500 has greatly outperformed S&P 500 Index. Conversely, S&P500 stocks considered 'Very Expensive' by the model underperformed the S&P500 index in the past three years. Grufity Fair Value is available for 2300+ stocks, including 90% of S&P 500 stocks. Grufity's Fair Value Model separates high-return stocks from low-return stocks.
Returns of $10,000 invested in:
Very Cheap Stocks: $17,289
S&P 500 Index: $12,922
Very Expensive Stocks: $11,022
Grufity's Fair Value model does a great job in separating High Performing Stocks from Low Performing ones in the S&P 500 list.
Peers (Alternatives to Cummins Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
GE | 196.0B | 68.0B | 20.68 | 2.88 | ||||
CAT | 186.2B | 67.1B | 18.02 | 2.78 | ||||
AME | 42.5B | 6.6B | 32.33 | 6.43 | ||||
CMI | 41.8B | 34.1B | 49.79 | 1.23 | ||||
ACM | 13.2B | 14.9B | 214.07 | 0.89 | ||||
MID-CAP | ||||||||
APG | 9.7B | 6.9B | 63.11 | 1.39 | ||||
FLR | 7.1B | 15.5B | 51.56 | 0.46 | ||||
FLS | 6.0B | 4.3B | 32.14 | 1.39 | ||||
ACA | 4.2B | 2.3B | 26.24 | 1.81 | ||||
ALG | 2.7B | 1.7B | 19.99 | 1.61 | ||||
SMALL-CAP | ||||||||
NKLA | 1.2B | 35.8M | -1.26 | 33.91 | ||||
AMRC | 1.2B | 1.4B | 18.98 | 0.86 | ||||
AGX | 671.5M | 527.6M | 19.76 | 1.27 | ||||
AMSC | 413.4M | 135.4M | -25.21 | 3.05 | ||||
ADES | 216.4M | 99.2M | -17.67 | 2.18 |
Cummins Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | 1.3% | 8,543 | 8,431 | 8,638 | 8,453 | 7,770 | 7,333 | 6,586 | 6,385 | 5,850 | 5,968 | 6,111 | 6,092 | 5,830 | 5,118 | 3,852 | 5,011 | 5,578 | 5,768 | 6,221 | 6,004 | 6,126 |
Cost Of Revenue | 2.9% | 6,542 | 6,360 | 6,490 | 6,424 | 5,951 | 5,691 | 4,860 | 4,853 | 4,533 | 4,554 | 4,633 | 4,606 | 4,469 | 3,769 | 2,962 | 3,717 | 4,265 | 4,274 | 4,580 | 4,472 | 4,580 |
Gross Profit | -3.4% | 2,001 | 2,071 | 2,148 | 2,029 | 1,819 | 1,642 | 1,726 | 1,532 | 1,317 | 1,414 | 1,478 | 1,486 | 1,361 | 1,349 | 890 | 1,294 | 1,313 | 1,494 | 1,641 | 1,532 | 1,546 |
S&GA Expenses | 5.4% | 876 | 831 | 873 | 753 | 742 | 708 | 622 | 615 | 629 | 571 | 600 | 574 | 576 | 533 | 470 | 546 | 632 | 600 | 629 | 593 | 643 |
R&D Expenses | 3.7% | 390 | 376 | 384 | 350 | 333 | 348 | 299 | 298 | 288 | 266 | 276 | 260 | 255 | 224 | 189 | 238 | 271 | 242 | 251 | 237 | 244 |
EBITDA Margin | -1.6% | 0.12* | 0.13* | 0.13* | 0.13* | 0.14* | 0.14* | 0.14* | 0.14* | 0.15* | 0.13* | 0.14* | 0.15* | 0.16* | 0.18* | 0.18* | 0.16* | 0.15* | 0.15* | 0.14* | 0.14* | 0.15* |
Interest Expenses | -5.2% | 92.00 | 97.00 | 99.00 | 87.00 | 87.00 | 61.00 | 34.00 | 17.00 | 26.00 | 28.00 | 29.00 | 28.00 | 29.00 | 25.00 | 23.00 | 23.00 | 22.00 | 26.00 | 29.00 | 32.00 | 32.00 |
Income Taxes | -13.3% | 163 | 188 | 212 | 223 | 134 | 199 | 148 | 155 | 114 | 134 | 167 | 172 | 125 | 182 | 93.00 | 127 | 65.00 | 139 | 186 | 176 | 100 |
EBT Margin | -2.3% | 0.08* | 0.08* | 0.09* | 0.09* | 0.10* | 0.11* | 0.11* | 0.11* | 0.11* | 0.10* | 0.10* | 0.11* | 0.12* | 0.14* | 0.14* | 0.13* | 0.12* | 0.11* | 0.11* | 0.11* | 0.12* |
Net Income | -301.9% | -1,393 | 690 | 737 | 806 | 644 | 409 | 707 | 423 | 400 | 541 | 612 | 611 | 501 | 504 | 269 | 528 | 300 | 622 | 675 | 663 | 579 |
Net Income Margin | -71.5% | 0.02* | 0.09* | 0.08* | 0.09* | 0.08* | 0.07* | 0.08* | 0.08* | 0.09* | 0.09* | 0.10* | 0.09* | 0.09* | 0.08* | 0.09* | 0.09* | 0.10* | 0.11* | 0.11* | 0.10* | - |
Free Cashflow | -24.7% | 940 | 1,249 | 262 | 302 | 354 | 180 | 452 | 60.00 | 360 | 419 | 491 | 252 | 882 | 1,107 | -99.00 | 304 | 533 | 970 | 675 | 303 | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | -0.3% | 32,005 | 32,097 | 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 |
Current Assets | -4.5% | 15,198 | 15,912 | 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 |
Cash Equivalents | -8.7% | 2,179 | 2,387 | 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 |
Inventory | -3.9% | 5,677 | 5,906 | 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 |
Net PPE | 7.7% | 6,249 | 5,801 | 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 |
Goodwill | 2676.7% | 2,499 | 90.00 | - | 18.00 | 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 | - | - |
Liabilities | 8.2% | 22,101 | 20,419 | 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 |
Current Liabilities | 16.0% | 12,903 | 11,126 | 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 |
Long Term Debt | -3.0% | 4,802 | 4,950 | 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 |
LT Debt, Current | -79.4% | 118 | 573 | 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 |
Shareholder's Equity | -17.0% | 8,850 | 10,658 | 11,356 | 10,620 | 8,975 | 9,358 | 9,429 | 8,971 | 9,035 | 8,702 | 8,447 | 297 | 8,707 | 8,641 | 8,130 | 8,018 | 8,407 | 8,753 | 9,196 | 8,727 | 8,259 |
Retained Earnings | -8.6% | 17,851 | 19,520 | 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 |
Accumulated Depreciation | -100.0% | - | 5,297 | 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 |
Shares Outstanding | -100.0% | - | 142 | 142 | 142 | - | 141 | 141 | 142 | 142 | 144 | 145 | 147 | 148 | 148 | 148 | 149 | - | 157 | 157 | 157 | - |
Minority Interest | 3.3% | 1,054 | 1,020 | 1,019 | 997 | 992 | 978 | 917 | 927 | 889 | 921 | 927 | 922 | 927 | 941 | 938 | 950 | 958 | 943 | 918 | 907 | 911 |
Float | - | - | - | 34,700 | - | - | - | 27,300 | - | - | - | 34,700 | - | - | - | 24,900 | - | - | - | 27,000 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | -4.6% | 1,459,000 | 1,529,000 | 483,000 | 495,000 | 817,000 | 382,000 | 599,000 | 164,000 | 732,000 | 569,000 | 616,000 | 339,000 | 1,142,000 | 1,223,000 | -22,000 | 379,000 | 838,000 | 1,123,000 | 808,000 | 412,000 | 990,000 |
Share Based Compensation | - | - | - | - | - | - | 10,000 | 9,000 | 5,000 | 12,000 | 7,000 | 10,000 | 8,000 | 9,000 | 10,000 | 8,000 | 4,000 | 12,000 | 9,000 | 19,000 | 9,000 | 15,000 |
Cashflow From Investing | -208.3% | -783,000 | -254,000 | -378,000 | -228,000 | -676,000 | -2,920,000 | -566,000 | -10,000 | -595,000 | -132,000 | -121,000 | -25,000 | -382,000 | -103,000 | -135,000 | -99,000 | -321,000 | -418,000 | -340,000 | -71,000 | -455,000 |
Cashflow From Financing | -137.8% | -1,108,000 | -466,000 | -240,000 | -363,000 | -442,000 | 2,502,000 | 106,000 | -497,000 | -148,000 | -357,000 | -977,000 | -745,000 | -284,000 | 104,000 | 226,000 | 234,000 | -897,000 | -487,000 | -364,000 | -347,000 | -440,000 |
Dividend Payments | 0% | 238,000 | 238,000 | 223,000 | 222,000 | 222,000 | 222,000 | 204,000 | 207,000 | 208,000 | 207,000 | 197,000 | 197,000 | 200,000 | 194,000 | 193,000 | 195,000 | 199,000 | 204,000 | 179,000 | 179,000 | 181,000 |
Buy Backs | - | - | - | - | - | 4,000 | 23,000 | 36,000 | 311,000 | 174,000 | 138,000 | 672,000 | 418,000 | 91,000 | - | - | 550,000 | 465,000 | 706,000 | - | 100,000 | 261,000 |
CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Millions | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Income Statement [Abstract] | |||
Net sales | $ 34,065 | $ 28,074 | $ 24,021 |
Cost of sales | 25,816 | 21,355 | 18,326 |
Gross Margin | 8,249 | 6,719 | 5,695 |
OPERATING EXPENSES AND INCOME | |||
Selling, general and administrative expenses | 3,333 | 2,687 | 2,374 |
Research, development and engineering expenses | 1,500 | 1,278 | 1,090 |
Equity, royalty and interest income from investees | 483 | 349 | 506 |
Other operating expense, net (Note 2) | 2,138 | 174 | 31 |
OPERATING INCOME | 1,761 | 2,929 | 2,706 |
Interest expense | 375 | 199 | 111 |
Other income, net | 240 | 89 | 156 |
INCOME BEFORE INCOME TAXES | 1,626 | 2,819 | 2,751 |
Income tax expense (Note 5) | 786 | 636 | 587 |
CONSOLIDATED NET INCOME | 840 | 2,183 | 2,164 |
Less: Net income attributable to noncontrolling interests | 105 | 32 | 33 |
Cummins share of net income | $ 735 | $ 2,151 | $ 2,131 |
EARNINGS PER COMMON SHARE ATTRIBUTABLE TO CUMMINS INC. (Note 20) | |||
Basic (in dollars per share) | $ 5.19 | $ 15.20 | $ 14.74 |
Diluted (in dollars per share) | $ 5.15 | $ 15.12 | $ 14.61 |
CONSOLIDATED BALANCE SHEETS - USD ($) shares in Millions, $ in Millions | Dec. 31, 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 | 80.7 | 81.2 |
Current assets | ||
Cash and cash equivalents | $ 2,179 | $ 2,101 |
Marketable securities | 562 | 472 |
Cash, cash equivalents and marketable securities | 2,741 | 2,573 |
Accounts and notes receivable, net | ||
Trade and other | 5,583 | 5,202 |
Inventories (Note 7) | 5,677 | 5,603 |
Prepaid expenses and other current assets | 1,197 | 1,073 |
Total current assets | 15,198 | 14,451 |
Long-term assets | ||
Property, plant and equipment, net (Note 8) | 6,249 | 5,521 |
Investments and advances related to equity method investees (Note 4) | 1,800 | 1,759 |
Goodwill (Note 10) | 2,499 | 2,343 |
Other intangible assets, net (Note 10) | 2,519 | 2,687 |
Pension assets (Note 11) | 1,197 | 1,398 |
Other assets | 2,543 | 2,140 |
Total assets | 32,005 | 30,299 |
Current liabilities | ||
Accounts payable (principally trade) | 4,260 | 4,252 |
Loans payable (Note 13) | 280 | 210 |
Commercial paper (Note 13) | 1,496 | 2,574 |
Current maturities of long-term debt (Note 13) | 118 | 573 |
Accrued compensation, benefits and retirement costs | 1,108 | 617 |
Current portion of accrued product warranty (Note 14) | 667 | 726 |
Current portion of deferred revenue (Note 3) | 1,220 | 1,004 |
Other accrued expenses (Note 12) | 3,754 | 1,465 |
Total current liabilities | 12,903 | 11,421 |
Long-term liabilities | ||
Long-term debt (Note 13) | 4,802 | 4,498 |
Deferred revenue (Note 3) | 966 | 844 |
Other liabilities | 3,430 | 3,311 |
Total liabilities | 22,101 | 20,074 |
Commitments and contingencies (Note 15) | ||
Redeemable Noncontrolling Interest, Equity, Carrying Amount | 0 | 258 |
Cummins Inc. shareholders’ equity (Note 16) | ||
Common stock, $2.50 par value, 500 shares authorized, 222.5 and 222.5 shares issued | 2,564 | 2,243 |
Retained earnings | 17,851 | 18,037 |
Treasury stock, at cost, 80.7 and 81.2 shares | (9,359) | (9,415) |
Accumulated other comprehensive loss (Note 17) | (2,206) | (1,890) |
Total Cummins Inc. shareholders' equity | 8,850 | 8,975 |
Noncontrolling interests (Note 18) | 1,054 | 992 |
Total equity | 9,904 | 9,967 |
Total liabilities, redeemable noncontrolling interests and equity | $ 32,005 | $ 30,299 |
 | Ms. Jennifer W. Rumsey |
---|---|
 | www.cummins.com |
 | 65535 |