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Cummins NYSE:CMI Stock Report

Last Price

US$291.36

Market Cap

US$40.3b

7D

-3.6%

1Y

24.3%

Updated

17 Apr, 2024

Data

Company Financials +

CMI Stock Overview

Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, electric and hybrid powertrains, and related components worldwide.

CMI fundamental analysis
Snowflake Score
Valuation1/6
Future Growth4/6
Past Performance0/6
Financial Health5/6
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$291.36
52 Week HighUS$304.25
52 Week LowUS$203.18
Beta1.04
1 Month Change1.83%
3 Month Change24.95%
1 Year Change24.27%
3 Year Change10.75%
5 Year Change75.34%
Change since IPO8,136.29%

Recent News & Updates

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

Recent updates

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

A Look At The Intrinsic Value Of Cummins Inc. (NYSE:CMI)

Jun 27
A Look At The Intrinsic Value Of Cummins Inc. (NYSE:CMI)

Cummins: Powering Its Engines

Jun 19

Recession? Tailwinds? How Attractive Is Cummins' 3% Yield?

Jun 08

These 4 Measures Indicate That Cummins (NYSE:CMI) Is Using Debt Reasonably Well

Jun 05
These 4 Measures Indicate That Cummins (NYSE:CMI) Is Using Debt Reasonably Well

Here's Why Cummins (NYSE:CMI) Has Caught The Eye Of Investors

May 25
Here's Why Cummins (NYSE:CMI) Has Caught The Eye Of Investors

At US$233, Is It Time To Put Cummins Inc. (NYSE:CMI) On Your Watch List?

Apr 24
At US$233, Is It Time To Put Cummins Inc. (NYSE:CMI) On Your Watch List?

Cummins (NYSE:CMI) Hasn't Managed To Accelerate Its Returns

Apr 11
Cummins (NYSE:CMI) Hasn't Managed To Accelerate Its Returns

Estimating The Intrinsic Value Of Cummins Inc. (NYSE:CMI)

Mar 05
Estimating The Intrinsic Value Of Cummins Inc. (NYSE:CMI)

Cummins declares $1.57 dividend

Feb 14

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

Feb 13
Cummins (NYSE:CMI) Seems To Use Debt Quite Sensibly

Cummins Q4 2022 Earnings Preview

Feb 03

Cummins: Why The Stock Could Fall 20% From Here

Jan 24

What Does Cummins Inc.'s (NYSE:CMI) Share Price Indicate?

Jan 18
What Does Cummins Inc.'s (NYSE:CMI) Share Price Indicate?

Returns On Capital At Cummins (NYSE:CMI) Have Hit The Brakes

Jan 06
Returns On Capital At Cummins (NYSE:CMI) Have Hit The Brakes

Cummins: Sustainable Hydrogen Energy

Dec 18

Cummins to power Linde's U.S. green hydrogen plant

Dec 12

Cummins Inc. (NYSE:CMI) Shares Could Be 50% Below Their Intrinsic Value Estimate

Nov 29
Cummins Inc. (NYSE:CMI) Shares Could Be 50% Below Their Intrinsic Value Estimate

Shareholder Returns

CMIUS MachineryUS Market
7D-3.6%-3.7%-3.5%
1Y24.3%27.2%20.2%

Return vs Industry: CMI underperformed the US Machinery industry which returned 27.2% over the past year.

Return vs Market: CMI exceeded the US Market which returned 20.2% over the past year.

Price Volatility

Is CMI's price volatile compared to industry and market?
CMI volatility
CMI Average Weekly Movement3.2%
Machinery Industry Average Movement4.9%
Market Average Movement6.0%
10% most volatile stocks in US Market16.5%
10% least volatile stocks in US Market3.0%

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

Volatility Over Time: CMI's weekly volatility (3%) 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$40.29b
Earnings (TTM)US$735.00m
Revenue (TTM)US$34.07b

54.2x

P/E Ratio

1.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CMI income statement (TTM)
RevenueUS$34.07b
Cost of RevenueUS$25.82b
Gross ProfitUS$8.25b
Other ExpensesUS$7.51b
EarningsUS$735.00m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 02, 2024

Earnings per share (EPS)5.37
Gross Margin24.22%
Net Profit Margin2.16%
Debt/Equity Ratio67.7%

How did CMI perform over the long term?

See historical performance and comparison

Dividends

2.3%

Current Dividend Yield

125%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.