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Cummins NYSE:CMI Stock Report

Last Price

US$325.62

Market Cap

US$45.0b

7D

-2.7%

1Y

48.0%

Updated

04 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.

CMI fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance1/6
Financial Health4/6
Dividends5/6

Community Narratives

Create a narrative

Narratives bring a range of perspectives from our community.

Cummins Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Cummins
Historical stock prices
Current Share PriceUS$325.62
52 Week HighUS$340.82
52 Week LowUS$214.58
Beta0.98
11 Month Change-1.84%
3 Month Change11.40%
1 Year Change48.01%
33 Year Change36.78%
5 Year Change74.65%
Change since IPO9,104.76%

Recent News & Updates

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

Recent updates

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-2.7%-1.4%-1.9%
1Y48.0%28.5%30.4%

Return vs Industry: CMI exceeded the US Machinery industry which returned 28.5% over the past year.

Return vs Market: CMI exceeded the US Market which returned 30.4% over the past year.

Price Volatility

Is CMI's price volatile compared to industry and market?
CMI volatility
CMI Average Weekly Movement2.9%
Machinery Industry Average Movement4.9%
Market Average Movement6.0%
10% most volatile stocks in US Market15.0%
10% least volatile stocks in US Market2.9%

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 (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$45.02b
Earnings (TTM)US$1.94b
Revenue (TTM)US$34.17b

23.0x

P/E Ratio

1.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CMI income statement (TTM)
RevenueUS$34.17b
Cost of RevenueUS$25.87b
Gross ProfitUS$8.31b
Other ExpensesUS$6.36b
EarningsUS$1.94b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Nov 05, 2024

Earnings per share (EPS)14.18
Gross Margin24.31%
Net Profit Margin5.69%
Debt/Equity Ratio70.9%

How did CMI perform over the long term?

See historical performance and comparison

Dividends

2.2%

Current Dividend Yield

49%

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 dividend17 days
Days until Dividend pay date30 days

Does CMI pay a reliable dividends?

See CMI dividend history and benchmarks