Cummins Inc. | Large-cap | Industrials
$324.38
1.77%
| Cummins Stock Comparison:
Cummins vs EatonCummins vs Parker HannifinCummins vs Illinois Tool WorksCummins vs Emerson ElectricCummins vs AmetekCummins vs S&P 500 | Market
Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 34.1B
Gross Profit 8.4B 24.75%
Operating Income 3.4B 9.92%
Net Income 4.1B 11.93%

Balance Sheet Metrics

Total Assets 31.5B
Total Liabilities 20.2B
Shareholders Equity 11.3B
Debt to Equity 1.79

Cash Flow Metrics

Operating Cash Flow 4.3B
Free Cash Flow 279.0M

Revenue & Profitability Trend

Cummins Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue 34.1B 34.1B 28.1B 24.0B 19.8B
Cost of Goods Sold 25.7B 25.8B 21.4B 18.3B 14.9B
Gross Profit 8.4B 8.2B 6.7B 5.7B 4.9B
Operating Expenses 4.9B 6.7B 4.0B 3.5B 3.0B
Operating Income 3.4B 1.4B 2.7B 2.2B 1.8B
Pre-tax Income 4.9B 1.6B 2.8B 2.8B 2.3B
Income Tax 835.0M 786.0M 636.0M 587.0M 527.0M
Net Income 4.1B 840.0M 2.2B 2.2B 1.8B
EPS (Diluted) - $5.15 $15.12 $14.61 $12.01

Income Statement Trend

Cummins Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets 14.8B 15.2B 14.5B 12.3B 11.9B
Non-Current Assets 16.8B 16.8B 15.8B 11.4B 10.7B
Total Assets 31.5B 32.0B 30.3B 23.7B 22.6B
Liabilities
Current Liabilities 11.2B 12.9B 11.4B 7.1B 6.3B
Non-Current Liabilities 9.0B 9.2B 8.7B 7.2B 7.3B
Total Liabilities 20.2B 22.1B 20.1B 14.3B 13.6B
Equity
Total Shareholders Equity 11.3B 9.9B 10.2B 9.4B 9.0B

Balance Sheet Composition

Cummins Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income 4.1B 840.0M 2.2B 2.2B 1.8B
Operating Cash Flow 4.3B 1.1B 2.0B 1.7B 2.8B
Investing Activities
Capital Expenditures - - - 20.0M 0
Investing Cash Flow -574.0M -430.0M -3.3B -119.0M -144.0M
Financing Activities
Dividends Paid -969.0M -921.0M -855.0M -809.0M -782.0M
Financing Cash Flow -173.0M -2.2B 1.7B -2.2B 280.0M
Free Cash Flow 279.0M 2.8B 1.0B 1.5B 2.1B

Cash Flow Trend

Cummins Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 15.58
Forward P/E 14.05
Price to Book 3.99
Price to Sales 1.29
PEG Ratio 14.05

Profitability Ratios

Profit Margin 8.20%
Operating Margin 12.48%
Return on Equity 26.19%
Return on Assets 7.73%

Financial Health

Current Ratio 1.34
Debt to Equity 67.79
Beta 1.03

Per Share Data

EPS (TTM) $20.30
Book Value per Share $79.30
Revenue per Share $246.75

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
cmi 43.6B 15.58 3.99 26.19% 8.20% 67.79
Eaton 130.3B 33.56 7.04 20.81% 15.55% 58.00
Parker Hannifin 84.9B 25.57 6.34 27.15% 17.14% 69.95
Illinois Tool Works 71.6B 21.50 22.08 107.58% 21.37% 254.87
Emerson Electric 72.8B 37.40 3.78 8.34% 13.60% 77.86
Ametek 40.9B 29.01 4.11 14.96% 20.43% 21.76

Financial data is updated regularly. All figures are in the company's reporting currency.