CMI
Cummins Inc.
$238.88
Earnings Summary
Revenue | $6092Mn |
Net Profits | $603Mn |
Net Profit Margins | 9.9% |
Highlights
Cummins Inc.’s revenue jumped 21.57% since last year same period to $6092Mn in the Q1 2021. On a quarterly growth basis, Cummins Inc. has generated 4.49% jump in its revenue since last 3-months.
Cummins Inc.’s net profit jumped 18% since last year same period to $603Mn in the Q1 2021. On a quarterly growth basis, Cummins Inc. has generated 20.36% jump in its net profits since last 3-months.
Cummins Inc.’s net profit margin fell -2.94% since last year same period to 9.9% in the Q1 2021. On a quarterly growth basis, Cummins Inc. has generated 15.18% jump in its net profit margins since last 3-months.
Earnings per share (EPS) Estimates
Earnings per share (EPS) estimates of the Cummins Inc. post its latest quarter earnings
EPS Estimate Current Quarter | 4.76 |
EPS Estimate Current Year | 4.76 |
Highlights
Cummins Inc.’s earning per share (EPS) estimates for the current quarter stand at 4.76 - a -1.86% fall from last quarter’s estimates.
Cummins Inc.’s earning per share (EPS) estimates for the current year stand at 4.76.
Key Ratios
Key ratios of the Cummins Inc. post its Q4 2022 earnings
Return on Assets (ROA) | 0.07 |
Return on Equity (ROE) | 0.22 |
Dividend Per Share (DPS) | 1.57 |
Highlights
Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Cummins Inc.’s return on assets (ROA) stands at 0.07.
The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Cummins Inc.’s return on equity (ROE) stands at 0.22.
Cummins Inc. declared 1.57 dividend per share during the earnings announcement for Q4 2022.
Earnings Calendar
| Earnings Date | Estimated EPS | Reported EPS | Surprise % |
|---|---|---|---|
2017-10-31 | 2.46 | 2.71 | 10.16% |
2017-05-02 | 1.81 | 2.36 | 30.39% |
2017-08-01 | 2.58 | 2.53 | -1.94% |
2018-02-14 | 2.67 | 3.03 | 13.48% |
Company Information
Founded by Clessie Lyle Cummins, a local mechanic, and William Glanton in 1919, Cummins has its headquarters in Columbus, Indiana. This company deals in various Heavy Equipment automotive industry segments, including engines, filtration, fuel cell systems, power generation, hydrogen generation, turbochargers, and commercial vehicles. Cummins has over 600 company-owned distributor locations and 7,600 certified dealer locations, reaching well over 190 countries and territories. The company was one of the first manufacturers of diesel engines. The company's first engine was produced in April 1919, and now it is known as a global leader in offering low, medium, and heavy-duty commercial vehicles and off-highway equipment. In addition, it develops high horsepower engines for defence, marine, and railway applications. In 1967, Cummins acquired a distribution business, recognizing the importance of long-term business relationships. It has long-term supply relationships with PACCAR, Volvo Trucks, Ford, and Navistar, whether heavy-duty or mid-range. Additionally, Cummins built a global presence through strategic acquisitions. It purchased Holset Engineering Co., a company known for its turbochargers. The company acquired Onan, now Cummins Power Systems, for modern versions of traditional engine-driven generators used in marine, RV, and portable applications. In 1962, Cummins entered the Indian market through a joint venture with the Kirloskar Group. By 2013, it had more than 20 factories, 9000 employees, and over $1.5 billion in revenue across India. It has built a strong network of over 200 branch offices, 450 service touchpoints, and over 5000 expert trained engineers to handle all engine service requirements in India, Nepal, and Bhutan. The Cummins India team has won numerous industry awards, from BEML's Best Supplier award for 2015-2016 to the Golden Peacock Occupational Health and Safety award at the CII. The company plans to reduce the carbon impact of its diesel and natural gas platforms, focus on environmental sustainability, and achieve carbon neutrality by 2050. Currently Cummins Inc. has a market cap of $32.94 Billion. It has a P.E ratio of 15.31. The shares of Cummins Inc. are trading at $238.88. .
Organisation | Cummins Inc. |
Headquarters | 500 Jackson Street, Columbus, IN, United States, 47202-3005 |
Employees | 73600 |
Industry | Producer Manufacturing |
CEO | Norman Linebarger |
