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Cummins NYSE:CMI Stock Report

Last Price

US$360.95

Market Cap

US$49.6b

7D

-1.5%

1Y

60.8%

Updated

20 Nov, 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
Valuation4/6
Future Growth2/6
Past Performance1/6
Financial Health4/6
Dividends4/6

Cummins Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Cummins
Historical stock prices
Current Share PriceUS$360.95
52 Week HighUS$370.21
52 Week LowUS$220.02
Beta0.97
11 Month Change8.19%
3 Month Change18.02%
1 Year Change60.77%
33 Year Change59.81%
5 Year Change95.31%
Change since IPO10,103.49%

Recent News & Updates

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

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

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

Dec 14
Calculating The Fair Value Of Cummins Inc. (NYSE:CMI)

Cummins: The A-Rated Dividend Stock Keeps Shining

Nov 15

Cummins (NYSE:CMI) Is Paying Out A Larger Dividend Than Last Year

Nov 11
Cummins (NYSE:CMI) Is Paying Out A Larger Dividend Than Last Year

Cummins (NYSE:CMI) Is Increasing Its Dividend To $1.68

Oct 28
Cummins (NYSE:CMI) Is Increasing Its Dividend To $1.68

Cummins (NYSE:CMI) Is Paying Out A Larger Dividend Than Last Year

Oct 14
Cummins (NYSE:CMI) Is Paying Out A Larger Dividend Than Last Year

Here's What To Make Of Cummins' (NYSE:CMI) Decelerating Rates Of Return

Oct 10
Here's What To Make Of Cummins' (NYSE:CMI) Decelerating Rates Of Return

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

Oct 10

Is Now The Time To Look At Buying Cummins Inc. (NYSE:CMI)?

Sep 28
Is Now The Time To Look At Buying Cummins Inc. (NYSE:CMI)?

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

Sep 28

Cummins (NYSE:CMI) Seems To Use Debt Quite Sensibly

Sep 15
Cummins (NYSE:CMI) Seems To Use Debt Quite Sensibly

Cummins: 5 Factors Make This A Strong Buy

Sep 06

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

Sep 01
We Ran A Stock Scan For Earnings Growth And Cummins (NYSE:CMI) Passed With Ease

Cummins' (NYSE:CMI) Dividend Will Be Increased To $1.68

Aug 14
Cummins' (NYSE:CMI) Dividend Will Be Increased To $1.68

Cummins: Navigating Challenges With Resilience And Record Revenues

Aug 14

Cummins (NYSE:CMI) Has Announced That It Will Be Increasing Its Dividend To $1.68

Jul 31
Cummins (NYSE:CMI) Has Announced That It Will Be Increasing Its Dividend To $1.68

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

Jul 20

Cummins (NYSE:CMI) Is Paying Out A Larger Dividend Than Last Year

Jul 15
Cummins (NYSE:CMI) Is Paying Out A Larger Dividend Than Last Year

Cummins: Still Cheaply Priced

Jul 12

Shareholder Returns

CMIUS MachineryUS Market
7D-1.5%-0.8%-1.0%
1Y60.8%28.6%30.3%

Return vs Industry: CMI exceeded the US Machinery industry which returned 28.6% over the past year.

Return vs Market: CMI exceeded the US Market which returned 30.3% over the past year.

Price Volatility

Is CMI's price volatile compared to industry and market?
CMI volatility
CMI Average Weekly Movement3.5%
Machinery Industry Average Movement5.7%
Market Average Movement6.2%
10% most volatile stocks in US Market15.7%
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$49.64b
Earnings (TTM)US$2.10b
Revenue (TTM)US$34.20b

23.6x

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

2.0%

Current Dividend Yield

46%

Payout Ratio

Does CMI pay a reliable dividends?

See CMI dividend history and benchmarks
When do you need to buy CMI by to receive an upcoming dividend?
Cummins dividend dates
Ex Dividend DateNov 22 2024
Dividend Pay DateDec 05 2024
Days until Ex dividend1 day
Days until Dividend pay date14 days

Does CMI pay a reliable dividends?

See CMI dividend history and benchmarks