CMI Cummins Inc.

Price (delayed)

$220.2

Market cap

$32.52B

P/E Ratio

19.45

Dividend/share

$5.24

EPS

$11.32

Enterprise value

$34.61B

Sector: Industrials
Industry: Specialty Industrial Machinery
Cummins, Inc. designs, manufactures and markets diesel and natural gas engines. It operates through the following segments: Engine, Distribution, Components, Power Systems and New Power. The Engine segment manufactures and markets diesel and natural gas powered engines under the Cummins brand name, for the heavy- and medium-duty truck, bus, recreational vehicle, light-duty automotive, agricultural, construction, mining, marine, oil and gas, rail and governmental equipment markets. The Distribution segment consists of parts, engines, power generation and service, which service and distributes its products and services. The Components segment supplies products such as, aftertreatment systems, turbochargers, transmissions, filtration products, electronics and fuel systems for commercial diesel and natural gas applications. The Power Systems segment engages in power generation, industrial and generator technologies. The New Power segment designs, manufactures, sells and supports electrified power systems with components and subsystems, including battery, fuel cell and hydrogen production technologies. The company was founded by Clessie Lyle Cummins and William Glanton Irwin on February 3, 1919 and is headquartered in Columbus, IN.

Highlights

The debt has soared by 73% YoY and by 15% from the previous quarter
The price to earnings (P/E) is 66% higher than the last 4 quarters average of 11.7 and 22% higher than the 5-year quarterly average of 16.0

Key stats

What are the main financial stats of CMI
Market
Shares outstanding
147.68M
Market cap
$32.52B
Enterprise value
$34.61B
Valuations
Price to earnings (P/E)
19.45
Price to book (P/B)
4.52
Price to sales (P/S)
1.61
EV/EBIT
15.54
EV/EBITDA
11.86
EV/Sales
1.71
Earnings
Revenue
$20.21B
EBIT
$2.23B
EBITDA
$2.92B
Free cash flow
$1.67B
Per share
EPS
$11.32
Free cash flow per share
$11.31
Book value per share
$48.75
Revenue per share
$136.92
TBVPS
$122.04
Balance sheet
Total assets
$20.31B
Total liabilities
$12.18B
Debt
$3.84B
Equity
$7.19B
Working capital
$2.92B
Liquidity
Debt to equity
0.53
Current ratio
1.42
Quick ratio
0.8
Net debt/EBITDA
0.72
Margins
EBITDA margin
14.4%
Gross margin
24.7%
Net margin
8.5%
Operating margin
9%
Efficiency
Return on assets
8.5%
Return on equity
23.1%
Return on invested capital
17.6%
Return on capital employed
16.6%
Return on sales
11%
Dividend
Dividend yield
2.38%
DPS
$5.24
Payout ratio
46.3%

CMI stock price

How has the Cummins stock price performed over time

Financial performance

How have Cummins's revenue and profit performed over time
Revenue
$20.21B
Gross profit
$4.99B
Operating income
$1.81B
Net income
$1.71B
Gross margin
24.7%
Net margin
8.5%
Cummins's operating income has decreased by 39% YoY and by 23% QoQ
Cummins's net income has decreased by 34% YoY and by 19% from the previous quarter
The operating margin has declined by 26% year-on-year and by 13% since the previous quarter
The net margin has contracted by 21% YoY and by 9% from the previous quarter

Growth

What is Cummins's growth rate over time

Valuation

What is Cummins stock price valuation
P/E
19.45
P/B
4.52
P/S
1.61
EV/EBIT
15.54
EV/EBITDA
11.86
EV/Sales
1.71
The price to earnings (P/E) is 66% higher than the last 4 quarters average of 11.7 and 22% higher than the 5-year quarterly average of 16.0
The EPS has contracted by 31% YoY and by 18% from the previous quarter
CMI's P/B is 41% above its 5-year quarterly average of 3.2 and 37% above its last 4 quarters average of 3.3
Cummins's equity has decreased by 13% YoY
CMI's price to sales (P/S) is 46% higher than its 5-year quarterly average of 1.1 and 46% higher than its last 4 quarters average of 1.1
CMI's revenue is down by 17% year-on-year and by 10% since the previous quarter

Efficiency

How efficient is Cummins business performance
The ROA has decreased by 37% YoY and by 19% from the previous quarter
The company's return on invested capital fell by 35% YoY and by 19% QoQ
Cummins's ROE has decreased by 32% YoY and by 16% from the previous quarter
The ROS has contracted by 19% YoY and by 9% from the previous quarter

Dividends

What is CMI's dividend history
DPS
$5.24
Dividend yield
2.38%
Payout ratio
46.3%
Recent dividends

Financial health

How did Cummins financials performed over time
The total assets is 67% greater than the total liabilities
The debt is 47% less than the equity
CMI's debt to equity has soared by 96% YoY and by 13% QoQ
The debt has soared by 73% YoY and by 15% from the previous quarter

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