Revenue segments as reported by the company.

Engine

Distribution

Components

Power Systems

New Power

Intersegment Eliminations

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Selling, general and administrative

Research, development and engineering

Equity, royalty and interest income from investees

Other operating expense, net

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Cummins

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, construction, mining, marine, rail, oil and gas, defense, and agricultural markets. The Distribution segment consists of parts, engines, power generation and service, which service and distribute 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 hydrogen production solutions, as well as electrified power systems ranging from fully electric to hybrid along with components and subsystems, including battery and fuel cell technologies. The company was founded by Clessie Lyle Cummins and William Glanton Irwin on February 3, 1919, and is headquartered in Columbus, IN.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Cummins reports robust Q4 earnings, eyes sustainability and innovation

Cummins' strong financial performance in Q4 2022 and full-year results reflect consistent growth and strategic execution.
The company's focus on clean energy technologies, investments in new power solutions, and market positioning provide a solid foundation for future success.
While facing challenges in interest expenses and market dynamics, Cummins has opportunities to drive growth through innovation, operational efficiency, and global market trends.
Overall, Cummins remains optimistic about its future prospects, emphasizing sustainability, profitability, and meeting evolving customer needs in the e-mobility space.

Cummins reports record Q1 revenues, raises full-year forecast

Cummins reported robust Q1 performance with record revenues and raised full-year forecast. The company faces challenges related to margin impact and legal discussions on emission systems. Opportunities exist in expanding into the rail market and focusing on operational efficiencies and new technologies.

Cummins reports record Q2 revenues, eyes growth amidst market challenges

Cummins delivered strong financial performance with record revenues and growth in key segments.
While facing market challenges and uncertainties, the company maintains a focus on profitability and growth.
Opportunities lie in balancing pricing strategies, investing in sustainable solutions, and managing costs.
Overall, Cummins' outlook for 2023 and 2024 remains stable amidst market dynamics.

Cummins reports robust Q3 earnings, eyes growth amid challenges

Cummins' Q3 2023 performance reflects strong revenue growth, operational efficiency, and strategic financial management.
While facing challenges like supply constraints and market softening, the company is focused on innovation, cost reduction, and profitable growth.
Opportunities in market expansion, product launches, and continued investments position Cummins for sustained growth and shareholder value creation.

Cummins posts record revenues in Q4 2023 amid market challenges

Cummins delivered strong financial results in Q4 2023, with record revenues and a focus on clean energy technology. Despite market challenges and uncertainties, the company remains committed to optimizing operations and investing in growth areas like data centers and electrolyzers.

Cummins reports stable Q1 earnings, eyes growth through new technologies

Cummins delivered solid financial performance in Q1 2024, with a focus on innovation, margin improvement, and shareholder returns. While facing challenges in market dynamics and supply chain issues, the company is strategically positioned to capitalize on opportunities in new technologies and regulatory changes. Cummins' proactive approach to investments and business optimization sets a strong foundation for future growth.

Cummins achieves record revenues in Q2 2024, focuses on sustainability

Cummins reported strong Q2 2024 results with record revenues and improved profitability, driven by strategic partnerships and operational efficiencies.
While facing challenges in international markets and external uncertainties, Cummins remains focused on innovation and sustainability initiatives.
Opportunities lie in revenue growth through market expansion, product diversification, and investment in sustainable technologies for future success.
Overall, Cummins' performance reflects resilience and adaptability in navigating market complexities and driving sustainable growth.

Cummins reports mixed Q3 performance, eyes growth in international markets

Cummins reported a mixed performance in Q3 2024 with revenue outlook consistent with prior guidance but improved EBITDA guidance.
The company demonstrated strengths in international revenue growth, strong power generation sales, and shareholder returns.
Challenges were seen in certain segments and operational performance, with opportunities identified in specific market segments and R&D investments.
Analyst questions highlighted key areas of concern and potential focus for future strategic decisions.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Cummins, Inc. engages in the design, manufacture, and distribution of diesel, natural gas, electric and hybrid powertrains and powertrain-related components including filtration, aftertreatment, turbochargers, fuel systems, valvetrain technologies, controls systems, air handling systems, automated transmissions, axles, drivelines, brakes, suspension systems, electric power generation systems, batteries, electrified power systems, hydrogen production technologies, and fuel cell products. It operates through the following segments: Engine, Distribution, Components, Power Systems, and Accelera. 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, construction, mining, marine, rail, oil and gas, defense, and agricultural markets. The Distribution segment includes power generation systems, high-horsepower engines, heavy-duty and medium-duty engines designed for on- and off-highway use, application engineering services, custom-designed assemblies, retail and wholesale aftermarket parts, and in-shop and field-based repair service. The Components segment supplies products including axles, drivelines, brakes and suspension systems for commercial diesel and natural gas applications, aftertreatment systems, turbochargers, fuel systems, valvetrain technologies, filtration products, automated transmissions, and electronics. The Power Systems segment engages in power generation, industrial, and generator technologies. The Accelera segment designs, manufactures, sells, and supports hydrogen production technologies, as well as electrified power systems, including battery, fuel cell, and electric powertrain technologies. The company was founded by Clessie Lyle Cummins and William Glanton Irwin on February 3, 1919 and is headquartered in Columbus, IN.

Cummins (CMI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Cummins (CMI) Q4 Earnings Expected to Decline

SAN FRANCISCO , Jan. 30, 2024 /PRNewswire/ -- Schubert Jonckheer & Kolbe LLP is investigating potential derivative claims on behalf of shareholders of Cummins Inc. (NYSE: CMI) relating to the company's role in an alleged scandal to violate vehicle emission standards under the Clean Air Act. On December 22, 2023, Cummins agreed to pay a $1.675 billion civil penalty with the U.S. Department of Justice, U.S. Environmental Protection Agency, and the State of California to resolve the allegations.

SHAREHOLDER ALERT: Cummins Inc. (CMI) Officers and Directors Face Shareholder Investigation Following Record-Setting $1.675 Billion Civil Penalty in Alleged "Defeat Devices" Emissions Scandal

LOS ANGELES, CA / ACCESSWIRE / January 30, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Cummins Inc. ("Cummins" or "the Company") (NYSE:CMI) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between April 30, 2019 and December 21, 2023, inclusive (the "Class Period"), are encouraged to contact the firm before March 15, 2024.

SHAREHOLDER ACTION NOTICE: The Schall Law Firm Encourages Investors in Cummins Inc. with Losses of $100,000 to Contact the Firm

In the most recent trading session, Cummins (CMI) closed at $240.63, indicating a +0.75% shift from the previous trading day.

Why the Market Dipped But Cummins (CMI) Gained Today

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) reminds investors of the upcoming March 15, 2024 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Cummins Inc. (“Cummins” or the “Company”) (NYSE: CMI) securities between April 30, 2019 and December 21, 2023, inclusive (the “Class Period”). If you suffered a loss on your Cummins investments or would like to inquire about potentially pursuing claims t.

Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Cummins Inc. (CMI)

LOS ANGELES, CA / ACCESSWIRE / January 26, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Cummins Inc. ("Cummins" or "the Company") (NYSE:CMI) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between April 30, 2019 and December 21, 2023, inclusive (the "Class Period"), are encouraged to contact the firm before March 15, 2024.

IMPORTANT DEADLINE REMINDER: The Schall Law Firm Encourages Investors in Cummins Inc. with Losses of $100,000 to Contact the Firm

If you suffered losses exceeding $100,000 investing in Cummins stock or options between April 30, 2019 and December 21, 2023 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330  (Ext. 1310). You may also click here for additional information: www.faruqilaw.com/CMI.

CUMMINS INVESTOR DEADLINE APPROACHING: Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Cummins To Contact Him Directly To Discuss Their Options

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith reminds investors of the upcoming March 15, 2024 deadline to file a lead plaintiff motion in the case filed on behalf of investors who purchased Cummins Inc. (“Cummins” or the “Company”) (NYSE: CMI) securities between April 30, 2019 and December 21, 2023, inclusive (the “Class Period”). Investors suffering losses on their Cummins investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights i.

Deadline Reminder: Law Offices of Howard G. Smith Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Cummins Inc. (CMI)

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, announces that a class action lawsuit has been filed on behalf of investors who purchased or otherwise acquired Cummins Inc. (“Cummins” or the “Company”) (NYSE: CMI) securities between April 30, 2019 and December 21, 2023, inclusive (the “Class Period”). Cummins investors have until March 15, 2024 to file a lead plaintiff motion. If you suffered a loss on your Cummins investmen.

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces the Filing of a Securities Class Action on Behalf of Cummins Inc. (CMI) Investors

NEW YORK , Jan. 23, 2024 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Cummins Inc. ("Cummins" or "the Company") (NYSE: CMI) and certain of its officers. Class Definition: This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Cummins securities between April 30, 2019 and December 21, 2023, inclusive (the "Class Period").

CMI INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Cummins Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!

LOS ANGELES, CA / ACCESSWIRE / January 22, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Cummins Inc. ("Cummins" or "the Company") (NYSE:CMI) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between April 30, 2019 and December 21, 2023, inclusive (the "Class Period"), are encouraged to contact the firm before March 15, 2024.

SHAREHOLDER ACTION DEADLINE: The Schall Law Firm Encourages Investors in Cummins Inc. with Losses to Contact the Firm

NEW YORK , Jan. 22, 2024 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Cummins Inc. (NYSE: CMI) between April 30, 2019 and December 21, 2023, both dates inclusive (the "Class Period"), of the important  March 15, 2024 lead plaintiff deadline in the securities class action commenced by the Firm. SO WHAT: If you purchased Cummins securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

ROSEN, A HIGHLY RECOGNIZED LAW FIRM, Encourages Cummins Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm - CMI

LOS ANGELES, CA / ACCESSWIRE / January 22, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Cummins Inc. ("Cummins" or "the Company") (NYSE: CMI) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between April 30, 2019 and December 21, 2023, inclusive (the "Class Period"), are encouraged to contact the firm before March 15, 2024.

DEADLINE ACTION NOTICE: The Schall Law Firm Encourages Investors in Cummins Inc. with Losses In Excess of $100,000 to Contact the Firm

RADNOR, Pa. , Jan. 21, 2024 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against Cummins Inc. ("Cummins") (NYSE: CMI).

Kessler Topaz Meltzer & Check, LLP Announces Investor Securities Fraud Class Action Lawsuit Filed Against Cummins Inc.

RADNOR, Pa.--(BUSINESS WIRE)-- #classaction--The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against Cummins Inc. (“Cummins”) (NYSE: CMI). The action charges Cummins with violations of the federal securities laws, including omissions and fraudulent misrepresentations relating to the company's business, operations, and prospects. As a result of Cummins' s materially misleading statements and omissions to the public, C.

CMI ANNOUNCEMENT: Kessler Topaz Meltzer & Check, LLP Announces Investor Securities Fraud Class Action Lawsuit Filed Against Cummins Inc. (CMI)

Cummins (CMI), Daimler, and PACCAR (PACCAR) choose Mississippi for their battery JV. Battery cell production at the factory is set to begin in 2027.

Cummins (CMI) & Partners Set Sights on Mississippi for Battery JV

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Cummins Inc. (“Cummins” or the “Company”) (NYSE: CMI) securities between April 30, 2019 and December 21, 2023, inclusive (the “Class Period”). Cummins investors have until March 15, 2024 to file a lead plaintiff motion. Investors suffering losses on their Cummins investments are encouraged to contact the Law Offices of Howard G. Smith to discus.

INVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Cummins Inc. (CMI) Investors

BofA analyst Michael Feniger downgraded Cummins stock to Sell from Hold and cut his target price to $225 from $243.

Cummins Stock Falls on Analyst Downgrade. Hydrogen Faces Uncertainty.

LOS ANGELES, CA / ACCESSWIRE / January 19, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Cummins Inc. ("Cummins" or "the Company") (NYSE:CMI) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between April 30, 2019 and December 21, 2023, inclusive (the "Class Period"), are encouraged to contact the firm before March 15, 2024.

IMPORTANT DEADLINE NOTICE: The Schall Law Firm Encourages Investors in Cummins Inc. with Losses In Excess of $100,000 to Contact the Firm

PACCAR

Accelera, a zero-emissions business unit of Cummins , Daimler Trucks & Buses US Holding, and PACCAR , on Thursday picked Marshall County, Mississippi as the site for advanced battery cell manufacturing in the United States.

Cummins, Daimler Truck, PACCAR pick Mississippi for battery cell production

COLUMBUS, Ind. & PORTLAND, Ore. & BELLEVUE, Wash.--(BUSINESS WIRE)--Accelera™ by Cummins, Daimler Trucks & Buses US Holding LLC and PACCAR have selected Marshall County, Mississippi, as the future site of advanced battery cell manufacturing for their planned joint venture. The joint venture will localize battery cell production for commercial electric vehicles and is expected to create more than 2,000 U.S. manufacturing jobs, with the option for further expansion as demand grows. The 21-gig.

Accelera by Cummins, Daimler Truck and PACCAR Select Mississippi for Battery Cell Production in the United States

COLUMBUS, Ind. & PORTLAND, Ore. & BELLEVUE, Wash.--(BUSINESS WIRE)--Accelera™ by Cummins, the zero-emissions business segment of Cummins Inc. [NYSE: CMI], Daimler Trucks & Buses US Holding LLC [a Daimler Truck Group Company; DAX: DTR0CK; “Daimler Truck”] and PACCAR [NASDAQ: PCAR] have selected Marshall County, Mississippi, as the future site of advanced battery cell manufacturing for their planned joint venture. The joint venture will localize battery cell production for commercial electric.

Accelera by Cummins, Daimler Truck and PACCAR select Mississippi for battery cell production in the United States

CUMMINS INVESTOR ALERT: Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Cummins To Contact Him Directly To Discuss Their Options

Accenture Plc

Automatic Data Processing

ASML Hld

Booz Allen Hamilton Hld

Broadridge Financial

Costco

Digital Realty Trust

Domino's Pizza

FedEx

Intuit

New Linde PLC

Eli Lilly

Mastercard

Moody's

Marsh & McLennan

MSCI

Microsoft

NIKE

Oracle

Parker-Hannifin

Rexford Industrial Realty

Roper Technologies

UnitedHealth Group

Visa

I make trades at the start of the new tax year to lock in gains and strengthen my portfolio. I focus on dividend growth stocks and have compiled a list of 25 stocks that I expect to provide double-digit dividend raises in 2024. I emphasize the importance of fundamental growth, stable balance sheets, and management dedication to shareholder returns when selecting dividend growth stocks.

25 Stocks With Double Digit Dividend Growth Potential In 2024

GALESBURG, Mich.--(BUSINESS WIRE)-- #commercialvehicles--Eaton Cummins Endurant XD™ series automated transmissions are now available in select International® truck models in North America.

News for Cummins Stock (CMI)