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CMI Cummins Inc

Price (delayed)

$351.38

Market cap

$48.2B

P/E Ratio

23.12

Dividend/share

$7

EPS

$15.2

Enterprise value

$54.06B

Cummins is an American multinational corporation that designs, manufactures, and distributes engines, filtration, and power generation products. Cummins also services engines and related equipment, including fuel systems, controls, air handling, ...

Highlights
The gross profit has grown by 4.2% YoY
CMI's revenue is up by 2.7% year-on-year
The price to earnings (P/E) is 33% higher than the 5-year quarterly average of 17.4 but 15% lower than the last 4 quarters average of 27.2
Cummins's net income has decreased by 25% YoY but it has increased by 8% from the previous quarter
CMI's quick ratio is down by 15% year-on-year and by 6% since the previous quarter

Key stats

What are the main financial stats of CMI
Market
Shares outstanding
137.18M
Market cap
$48.2B
Enterprise value
$54.06B
Valuations
Price to book (P/B)
4.67
Price to sales (P/S)
1.41
EV/EBIT
16.63
EV/EBITDA
12.55
EV/Sales
1.58
Earnings
Revenue
$34.2B
Gross profit
$8.41B
Net income
$2.1B
EBIT
$3.25B
EBITDA
$4.31B
Free cash flow
$337M
Per share
EPS
$15.2
EPS diluted
$15.11
Free cash flow per share
$2.46
Book value per share
$75.27
Revenue per share
$249.26
TBVPS
$198.09
Balance sheet
Total assets
$32.05B
Total liabilities
$20.71B
Debt
$7.59B
Equity
$10.32B
Working capital
$3.71B
Liquidity
Debt to equity
0.74
Current ratio
1.32
Quick ratio
0.66
Net debt/EBITDA
1.36
Margins
EBITDA margin
12.6%
Gross margin
24.6%
Net margin
6.1%
Operating margin
4.2%
Efficiency
Return on assets
6.6%
Return on equity
22.2%
Return on invested capital
16.1%
Return on capital employed
15.9%
Return on sales
9.5%
Dividend
Dividend yield
1.99%
DPS
$7
Payout ratio
46.1%

CMI stock price

How has the Cummins stock price performed over time
Intraday
0.48%
1 week
-4.39%
1 month
-2.65%
1 year
46.09%
YTD
46.67%
QTD
8.52%

Financial performance

How have Cummins's revenue and profit performed over time
Revenue
$34.2B
Gross profit
$8.41B
Operating income
$1.44B
Net income
$2.1B
Gross margin
24.6%
Net margin
6.1%
The operating margin has dropped by 59% year-on-year but it has grown by 8% since the previous quarter
Cummins's operating income has shrunk by 57% YoY but it has increased by 9% QoQ
The net margin has contracted by 27% YoY but it has grown by 7% from the previous quarter
Cummins's net income has decreased by 25% YoY but it has increased by 8% from the previous quarter

Growth

What is Cummins's growth rate over time

Valuation

What is Cummins stock price valuation
P/E
23.12
P/B
4.67
P/S
1.41
EV/EBIT
16.63
EV/EBITDA
12.55
EV/Sales
1.58
The price to earnings (P/E) is 33% higher than the 5-year quarterly average of 17.4 but 15% lower than the last 4 quarters average of 27.2
The EPS has contracted by 23% YoY but it has grown by 9% from the previous quarter
CMI's P/B is 23% above its 5-year quarterly average of 3.8 and 11% above its last 4 quarters average of 4.2
Cummins's equity has increased by 8% QoQ but it has decreased by 3.2% YoY
CMI's price to sales (P/S) is 18% higher than its 5-year quarterly average of 1.2 and 18% higher than its last 4 quarters average of 1.2
CMI's revenue is up by 2.7% year-on-year

Efficiency

How efficient is Cummins business performance
The ROA has decreased by 26% YoY but it has increased by 8% from the previous quarter
Cummins's ROE has decreased by 22% YoY but it has increased by 9% from the previous quarter
The ROS has contracted by 19% YoY but it has grown by 4.4% from the previous quarter
The company's return on invested capital fell by 15% YoY but it rose by 4.5% QoQ

Dividends

What is CMI's dividend history
DPS
$7
Dividend yield
1.99%
Payout ratio
46.1%
Recent dividends

Special dividends are included in TTM DPS and yield

Financial health

How did Cummins financials performed over time
The total assets is 55% greater than the total liabilities
CMI's quick ratio is down by 15% year-on-year and by 6% since the previous quarter
The current ratio has declined by 8% year-on-year
The debt is 26% less than the equity
Cummins's equity has increased by 8% QoQ but it has decreased by 3.2% YoY
CMI's debt to equity is down by 6% QoQ but it is up by 6% YoY

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified. Data from and Sharadar.