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Cummins NYSE:CMI Stock Report

Last Price

US$351.38

Market Cap

US$48.0b

7D

-4.4%

1Y

48.3%

Updated

20 Dec, 2024

Data

Company Financials +

CMI Stock Overview

Designs, manufactures, distributes, and services diesel and natural gas engines, electric and hybrid powertrains, and related components worldwide. More details

CMI fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance1/6
Financial Health4/6
Dividends4/6

My Notes

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Community Narratives

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Narratives bring a range of perspectives from our community.

Cummins Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Cummins
Historical stock prices
Current Share PriceUS$351.38
52 Week HighUS$387.90
52 Week LowUS$226.53
Beta1.0
1 Month Change-2.65%
3 Month Change14.00%
1 Year Change48.27%
3 Year Change64.22%
5 Year Change94.45%
Change since IPO9,832.96%

Recent News & Updates

Cummins: Paying Up For Improving Fundamentals (Rating Downgrade)

Dec 11

Is Cummins Inc. (NYSE:CMI) Trading At A 49% Discount?

Nov 28
Is Cummins Inc. (NYSE:CMI) Trading At A 49% Discount?

Results: Cummins Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts

Nov 08
Results: Cummins Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts

Recent updates

Cummins: Paying Up For Improving Fundamentals (Rating Downgrade)

Dec 11

Is Cummins Inc. (NYSE:CMI) Trading At A 49% Discount?

Nov 28
Is Cummins Inc. (NYSE:CMI) Trading At A 49% Discount?

Results: Cummins Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts

Nov 08
Results: Cummins Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts

Is It Too Late To Consider Buying Cummins Inc. (NYSE:CMI)?

Oct 03
Is It Too Late To Consider Buying Cummins Inc. (NYSE:CMI)?

Cummins: Solid Fundamentals And Undervalued

Sep 30

Investors Appear Satisfied With Cummins Inc.'s (NYSE:CMI) Prospects

Sep 18
Investors Appear Satisfied With Cummins Inc.'s (NYSE:CMI) Prospects

Cummins: A Blue-Chip Dividend Stock To Buy Now

Sep 12

Does Cummins (NYSE:CMI) Have A Healthy Balance Sheet?

Aug 19
Does Cummins (NYSE:CMI) Have A Healthy Balance Sheet?

Cummins: Dividend Strength In A Challenging Economy

Aug 14

Cummins Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Aug 03
Cummins Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Cummins' (NYSE:CMI) Shareholders Will Receive A Bigger Dividend Than Last Year

Jul 22
Cummins' (NYSE:CMI) Shareholders Will Receive A Bigger Dividend Than Last Year

When Should You Buy Cummins Inc. (NYSE:CMI)?

Jun 28
When Should You Buy Cummins Inc. (NYSE:CMI)?

Calculating The Fair Value Of Cummins Inc. (NYSE:CMI)

Jun 13
Calculating The Fair Value Of Cummins Inc. (NYSE:CMI)

10-12% Annual Returns? Why Cummins Could Be Your Next Dividend Champion

Jun 10

Cummins: It's Too Late To Buy This Dividend Growth Stock

Apr 12

Cummins: An Industrial Force Worth Considering

Mar 18

Here's Why Cummins (NYSE:CMI) Has A Meaningful Debt Burden

Feb 27
Here's Why Cummins (NYSE:CMI) Has A Meaningful Debt Burden

There May Be Reason For Hope In Cummins' (NYSE:CMI) Disappointing Earnings

Feb 13
There May Be Reason For Hope In Cummins' (NYSE:CMI) Disappointing Earnings

The Power Play: Cummins' Path To More Than 10% Annual Returns

Feb 08

Cummins Inc. (NYSE:CMI) Looks Inexpensive But Perhaps Not Attractive Enough

Feb 03
Cummins Inc. (NYSE:CMI) Looks Inexpensive But Perhaps Not Attractive Enough

Investors Met With Slowing Returns on Capital At Cummins (NYSE:CMI)

Jan 22
Investors Met With Slowing Returns on Capital At Cummins (NYSE:CMI)

We Ran A Stock Scan For Earnings Growth And Cummins (NYSE:CMI) Passed With Ease

Dec 26
We Ran A Stock Scan For Earnings Growth And Cummins (NYSE:CMI) Passed With Ease

Cummins: A Dividend Contender That Hasn't Been This Cheap In 3 Years

Dec 20

Cummins: The A-Rated Dividend Stock Keeps Shining

Nov 15

Cummins: Dividend Raised 18 Years/2.95% Yield - High Quality Industrial

Oct 10

Cummins: A Dividend Growth Stock That Can Keep Your Portfolio Trucking Along

Sep 28

Cummins: 5 Factors Make This A Strong Buy

Sep 06

Cummins: Navigating Challenges With Resilience And Record Revenues

Aug 14

Cummins: Forget The AI-Rally, Buy The Heat Rally

Jul 20

Shareholder Returns

CMIUS MachineryUS Market
7D-4.4%-4.6%-2.4%
1Y48.3%12.3%23.3%

Return vs Industry: CMI exceeded the US Machinery industry which returned 12.3% over the past year.

Return vs Market: CMI exceeded the US Market which returned 23.3% over the past year.

Price Volatility

Is CMI's price volatile compared to industry and market?
CMI volatility
CMI Average Weekly Movement3.6%
Machinery Industry Average Movement5.7%
Market Average Movement6.3%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

Stable Share Price: CMI has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: CMI's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
191975,500Jen Rumseywww.cummins.com

Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, electric and hybrid powertrains, and related components worldwide. It operates through five segments: Engine, Distribution, Components, Power Systems, and Accelera. The company offers diesel and natural gas-powered engines under the Cummins and other customer brands for the heavy and medium-duty truck, bus, recreational vehicle, light-duty automotive, construction, mining, marine, rail, oil and gas, defense, and agricultural markets; and offers parts and services, as well as remanufactured parts and engines.

Cummins Inc. Fundamentals Summary

How do Cummins's earnings and revenue compare to its market cap?
CMI fundamental statistics
Market capUS$47.97b
Earnings (TTM)US$2.10b
Revenue (TTM)US$34.20b

23.0x

P/E Ratio

1.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CMI income statement (TTM)
RevenueUS$34.20b
Cost of RevenueUS$25.79b
Gross ProfitUS$8.41b
Other ExpensesUS$6.31b
EarningsUS$2.10b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)15.29
Gross Margin24.58%
Net Profit Margin6.13%
Debt/Equity Ratio66.5%

How did CMI perform over the long term?

See historical performance and comparison

Dividends

2.1%

Current Dividend Yield

46%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 05:43
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Cummins Inc. is covered by 60 analysts. 21 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
John EadeArgus Research Company
Rorrie MarsAtlantic Equities LLP
Kristine KubackiAvondale Partners