Craft

Cummins

Stock Price

$230

2023-08-31

Market Capitalization

$32.6 B

2023-08-31

Revenue

$28.1 B

FY, 2022

Cummins Summary

Company Summary

Overview
Cummins (formerly known as Cummins Engine) is a company that designs, manufactures, distributes, and services diesel, natural gas, electric, and hybrid powertrains and powertrain-related components. It operates in five business segments: Engine, Components, Distribution, Power Systems, and New Power. The Engine segment manufactures and markets a range of diesel and natural gas-powered engines. The Components segment supplies after-treatment systems, turbochargers, transmissions, filtration products, electronics, fuel systems, axles, drivelines, brakes, etc. The Distribution segment sells and supports a range of products and services, including power generation systems, high-horsepower engines, and heavy-duty and medium-duty engines. The Power Systems segment offers power generators as well as controls, paralleling systems, alternator products, and transfer switches. The New Power segment delivers hydrogen production solutions as well as electrified power systems and subsystems, including battery, fuel cell, and electric powertrain technologies.
Type
Public
Status
Active
Founded
1919
HQ
Columbus, IN, US | view all locations
Website
https://www.cummins.com/
Cybersecurity rating
ESG rating
60-79 out of 100|View all ESG data
Sectors

Key People

  • Jennifer W. Rumsey

    Jennifer W. Rumsey, Chair and Chief Executive Officer

  • Mark Smith

    Mark Smith, Vice President, Chief Financial Officer

  • Sherry Aaholm

    Sherry Aaholm, Chief Digital Officer

  • Sharon R. Barner

    Sharon R. Barner, Vice President, Chief Administration Officer

Operating MetricsView all

Units Shipped (Engine Segment)

631.9K
4.9%

FY, 2022

Heavy-duty Units Shipped (Engine Segment)

120.7K
2.6%

FY, 2022

Medium-duty Units Shipped (Engine Segment)

283.6K
3.6%

FY, 2022

LocationsView all

237 locations detected

  • Columbus, IN HQ

    United States

    500 Jackson St

  • Albany, GA

    United States

    1915 W Oakridge Dr

  • Altoona, PA

    United States

    265 Brush Mountain Rd

  • Anchorage, AK

    United States

    2618 Commercial Dr

  • Ankeny, IA

    United States

    2402 SE Hulsizer Dr

  • Austin, TX

    United States

    1700 Smith Rd

and 231 others

Cummins Financials

Summary Financials

Revenue (Q2, 2023)
$8.6B
Gross profit (Q2, 2023)
$2.1B
Net income (Q2, 2023)
$737.0M
Cash (Q2, 2023)
$2.3B
EBIT (Q2, 2023)
$997.0M
Enterprise value
$35.9B

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