Cummins Future Growth
Future criteria checks 2/6
Cummins is forecast to grow earnings and revenue by 7.6% and 3.9% per annum respectively. EPS is expected to grow by 8.5% per annum. Return on equity is forecast to be 21.9% in 3 years.
Key information
7.6%
Earnings growth rate
8.5%
EPS growth rate
Machinery earnings growth | 8.8% |
Revenue growth rate | 3.9% |
Future return on equity | 21.9% |
Analyst coverage | Good |
Last updated | 20 Nov 2024 |
Recent future growth updates
Results: Cummins Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts
Nov 08Cummins Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Aug 03Recent updates
Results: Cummins Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts
Nov 08Is It Too Late To Consider Buying Cummins Inc. (NYSE:CMI)?
Oct 03Cummins: Solid Fundamentals And Undervalued
Sep 30Investors Appear Satisfied With Cummins Inc.'s (NYSE:CMI) Prospects
Sep 18Cummins: A Blue-Chip Dividend Stock To Buy Now
Sep 12Does Cummins (NYSE:CMI) Have A Healthy Balance Sheet?
Aug 19Cummins: Dividend Strength In A Challenging Economy
Aug 14Cummins Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Aug 03Cummins' (NYSE:CMI) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 22When Should You Buy Cummins Inc. (NYSE:CMI)?
Jun 28Calculating The Fair Value Of Cummins Inc. (NYSE:CMI)
Jun 1310-12% Annual Returns? Why Cummins Could Be Your Next Dividend Champion
Jun 10Cummins: It's Too Late To Buy This Dividend Growth Stock
Apr 12Cummins: An Industrial Force Worth Considering
Mar 18Here's Why Cummins (NYSE:CMI) Has A Meaningful Debt Burden
Feb 27There May Be Reason For Hope In Cummins' (NYSE:CMI) Disappointing Earnings
Feb 13The Power Play: Cummins' Path To More Than 10% Annual Returns
Feb 08Cummins Inc. (NYSE:CMI) Looks Inexpensive But Perhaps Not Attractive Enough
Feb 03Investors Met With Slowing Returns on Capital At Cummins (NYSE:CMI)
Jan 22We Ran A Stock Scan For Earnings Growth And Cummins (NYSE:CMI) Passed With Ease
Dec 26Cummins: A Dividend Contender That Hasn't Been This Cheap In 3 Years
Dec 20Calculating The Fair Value Of Cummins Inc. (NYSE:CMI)
Dec 14Cummins: The A-Rated Dividend Stock Keeps Shining
Nov 15Cummins (NYSE:CMI) Is Paying Out A Larger Dividend Than Last Year
Nov 11Cummins (NYSE:CMI) Is Increasing Its Dividend To $1.68
Oct 28Cummins (NYSE:CMI) Is Paying Out A Larger Dividend Than Last Year
Oct 14Here's What To Make Of Cummins' (NYSE:CMI) Decelerating Rates Of Return
Oct 10Cummins: Dividend Raised 18 Years/2.95% Yield - High Quality Industrial
Oct 10Is Now The Time To Look At Buying Cummins Inc. (NYSE:CMI)?
Sep 28Cummins: A Dividend Growth Stock That Can Keep Your Portfolio Trucking Along
Sep 28Cummins (NYSE:CMI) Seems To Use Debt Quite Sensibly
Sep 15Cummins: 5 Factors Make This A Strong Buy
Sep 06We Ran A Stock Scan For Earnings Growth And Cummins (NYSE:CMI) Passed With Ease
Sep 01Cummins' (NYSE:CMI) Dividend Will Be Increased To $1.68
Aug 14Cummins: Navigating Challenges With Resilience And Record Revenues
Aug 14Cummins (NYSE:CMI) Has Announced That It Will Be Increasing Its Dividend To $1.68
Jul 31Cummins: Forget The AI-Rally, Buy The Heat Rally
Jul 20Cummins (NYSE:CMI) Is Paying Out A Larger Dividend Than Last Year
Jul 15Cummins: Still Cheaply Priced
Jul 12Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
12/31/2026 | 37,713 | 3,460 | 2,913 | 4,100 | 15 |
12/31/2025 | 34,751 | 3,009 | 2,678 | 3,877 | 20 |
12/31/2024 | 33,731 | 3,757 | 3,259 | 3,739 | 21 |
9/30/2024 | 34,198 | 2,097 | 337 | 1,524 | N/A |
6/30/2024 | 34,173 | 1,944 | 1,205 | 2,413 | N/A |
3/31/2024 | 34,015 | 1,938 | 2,558 | 3,747 | N/A |
12/31/2023 | 34,065 | 735 | 2,753 | 3,966 | N/A |
9/30/2023 | 33,292 | 2,797 | 2,167 | 3,324 | N/A |
6/30/2023 | 32,194 | 2,541 | 1,098 | 2,177 | N/A |
3/31/2023 | 30,142 | 2,523 | 1,288 | 2,293 | N/A |
12/31/2022 | 28,074 | 2,151 | 1,046 | 1,962 | N/A |
9/30/2022 | 26,154 | 1,914 | 1,088 | 1,877 | N/A |
6/30/2022 | 24,789 | 2,048 | 1,313 | 2,064 | N/A |
3/31/2022 | 24,314 | 1,946 | 1,341 | 2,081 | N/A |
12/31/2021 | 24,021 | 2,131 | 1,522 | 2,256 | N/A |
10/3/2021 | 24,001 | 2,238 | 1,994 | 2,666 | N/A |
7/4/2021 | 23,151 | 2,205 | 2,684 | 3,320 | N/A |
4/4/2021 | 20,892 | 1,881 | 2,092 | 2,682 | N/A |
12/31/2020 | 19,811 | 1,789 | 2,194 | 2,722 | N/A |
9/27/2020 | 19,559 | 1,588 | 1,787 | 2,418 | N/A |
6/28/2020 | 20,209 | 1,709 | 1,646 | 2,318 | N/A |
3/29/2020 | 22,578 | 2,108 | 2,419 | 3,148 | N/A |
12/31/2019 | 23,571 | 2,260 | 2,406 | 3,181 | N/A |
9/29/2019 | 24,119 | 2,539 | 2,520 | 3,333 | N/A |
6/30/2019 | 24,294 | 2,609 | 2,286 | 3,125 | N/A |
3/31/2019 | 24,205 | 2,479 | 2,081 | 2,907 | N/A |
12/31/2018 | 23,771 | 2,141 | 1,594 | 2,378 | N/A |
9/30/2018 | 23,121 | 1,288 | 1,532 | 2,194 | N/A |
7/1/2018 | 22,463 | 1,049 | N/A | 1,924 | N/A |
4/1/2018 | 21,409 | 928 | N/A | 1,781 | N/A |
12/31/2017 | 20,428 | 999 | N/A | 2,277 | N/A |
10/1/2017 | 19,455 | 1,651 | N/A | 2,096 | N/A |
7/2/2017 | 18,357 | 1,487 | N/A | 2,027 | N/A |
4/2/2017 | 17,807 | 1,469 | N/A | 2,051 | N/A |
12/31/2016 | 17,509 | 1,394 | N/A | 1,939 | N/A |
10/2/2016 | 17,772 | 1,177 | N/A | 2,242 | N/A |
7/3/2016 | 18,205 | 1,268 | N/A | 2,228 | N/A |
4/3/2016 | 18,692 | 1,333 | N/A | 2,153 | N/A |
12/31/2015 | 19,110 | 1,399 | N/A | 2,065 | N/A |
9/27/2015 | 19,434 | 1,682 | N/A | 2,009 | N/A |
6/28/2015 | 19,704 | 1,725 | N/A | 2,134 | N/A |
3/29/2015 | 19,524 | 1,700 | N/A | 2,176 | N/A |
12/31/2014 | 19,221 | 1,651 | N/A | 2,266 | N/A |
9/28/2014 | 18,719 | 1,639 | N/A | 2,144 | N/A |
6/29/2014 | 18,095 | 1,571 | N/A | 1,830 | N/A |
3/30/2014 | 17,785 | 1,539 | N/A | 1,924 | N/A |
12/31/2013 | 17,301 | 1,483 | N/A | 2,089 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CMI's forecast earnings growth (7.6% per year) is above the savings rate (2.6%).
Earnings vs Market: CMI's earnings (7.6% per year) are forecast to grow slower than the US market (15.4% per year).
High Growth Earnings: CMI's earnings are forecast to grow, but not significantly.
Revenue vs Market: CMI's revenue (3.9% per year) is forecast to grow slower than the US market (9% per year).
High Growth Revenue: CMI's revenue (3.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: CMI's Return on Equity is forecast to be high in 3 years time (21.9%)