Cummins

OverviewSuggest Edit

Cummins is a global company that designs, manufactures, sells, and services diesel and natural gas engines and powertrain-related component products, including filtration, aftertreatment, turbochargers, fuel systems, controls systems, air handling systems, transmissions, electric power generation systems, batteries, and electrified power systems. It operates through five segments: Engine, Distribution, Components, Power Systems, and Electrified Power. The company primarily serves the heavy- and medium-duty truck, bus, recreational vehicle (RV), light-duty automotive, construction, mining, marine, rail, oil and gas, defense, and agricultural markets.

TypePublic
Founded1919
HQColumbus, USMap
Websitecummins.com
Employee Ratings3.9More
View Jobs (459)

Recent NewsAll News

Latest Updates

Employees (est.) (Dec 2018)62,610(+7%)
Job Openings459
Revenue (FY, 2018)$23.8 B(+17%)
Share Price (Nov 2019)$184 (+2%)

Key People/Management at Cummins

Tom Linebarger

Tom Linebarger

Chairman and Chief Executive Officer
Sherry Aaholm

Sherry Aaholm

Vice President and Chief Information Officer
Peter Anderson

Peter Anderson

Vice President, Global Supply Chain & Manufacturing, Cummins Inc.
Sharon Barner

Sharon Barner

Vice President and General Counsel, Cummins Inc.
Steven Chapman

Steven Chapman

Group Vice President, China and Russia, Cummins Inc.
Jill Cook

Jill Cook

Vice President and Chief Human Resources Officer
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Cummins Office Locations

Cummins has offices in Columbus, Luanda, Laverton North, Perth Airport and in 64 other locations
Columbus, US (HQ)
500 Jackson St
Luanda, AO
Viana Park, Unidade 9Q5, Estrada do Calumbo
Laverton North, AU
191-195 Boundary Rd
Perth Airport, AU
443 Horrie Miller Dr
Perth Airport, AU
443 Horrie Miller Dr
Picton, AU
11 Dryandra Ct
Show all (71)

Cummins Financials and Metrics

Cummins Revenue

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View revenue for all periods
Cummins's revenue was reported to be $23.77 b in FY, 2018 which is a 16.4% increase from the previous period.
USD

Revenue (Q3, 2019)

5.8b

Gross profit (Q3, 2019)

1.5b

Gross profit margin (Q3, 2019), %

25.9%

Net income (Q3, 2019)

616.0m

EBIT (Q3, 2019)

699.0m

Market capitalization (15-Nov-2019)

28.2b

Closing stock price (15-Nov-2019)

184.0

Cash (29-Oct-2019)

1.6b

EV

29.3b
Cummins's current market capitalization is $28.2 b.
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2016FY, 2017FY, 2018

Revenue

13.2b18.0b17.3b17.5b20.4b23.8b

Revenue growth, %

(8%)17%16%

Cost of goods sold

10.1b13.5b12.8b13.1b15.3b18.0b

Gross profit

3.2b4.6b4.5b4.5b5.1b5.7b
Quarterly
USDQ1, 2010Q2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

2.5b3.2b3.4b3.9b4.6b4.6b4.5b4.5b4.1b3.9b4.5b4.3b4.5b4.2b4.6b5.1b5.3b5.6b6.1b5.9b6.0b6.2b5.8b

Cost of goods sold

1.9b2.5b2.6b2.9b3.4b3.4b3.3b3.2b3.1b3.0b3.4b3.2b3.3b3.1b3.5b3.8b3.9b4.4b4.7b4.4b4.5b4.6b4.3b

Gross profit

601.0m753.0m830.0m957.0m1.2b1.2b1.2b1.2b1.0b957.0m1.2b1.1b1.2b1.1b1.1b1.2b1.3b1.2b1.4b1.6b1.5b1.6b1.5b

Gross profit Margin, %

24%23%24%25%26%26%27%27%25%24%25%25%26%26%25%25%25%22%23%26%26%26%26%
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Annual
USDFY, 2010FY, 2011FY, 2012FY, 2016FY, 2017FY, 2018

Cash

1.0b1.5b1.4b1.1b1.4b1.3b

Accounts Receivable

1.9b2.3b2.2b2.8b3.3b3.6b

Prepaid Expenses

395.0m855.0m627.0m577.0m668.0m

Inventories

2.0b2.1b2.2b2.7b3.2b3.8b
Quarterly
USDQ1, 2010Q2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

885.0m924.0m937.0m779.0m1.1b1.2b1.3b1.1b1.0b1.5b1.4b915.0m1.0b1.3b1.3b1.3b1.3b1.2b1.3b1.2b1.3b1.4b1.6b

Accounts Receivable

1.5b1.8b1.9b2.3b2.5b2.4b2.4b2.3b2.3b2.3b2.5b2.7b3.0b3.2b3.5b3.6b3.8b3.7b3.8b3.9b3.7b

Prepaid Expenses

303.0m350.0m682.0m639.0m770.0m658.0m597.0m600.0m551.0m600.0m656.0m558.0m3.6b696.0m599.0m643.0m610.0m

Inventories

1.5b1.7b1.9b2.2b2.3b2.3b2.4b2.6b2.6b2.4b2.5b2.8b2.8b2.8b2.9b3.0b3.1b3.4b3.6b3.8b3.9b3.9b3.8b
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Annual
USDFY, 2010FY, 2011FY, 2012FY, 2016FY, 2017FY, 2018

Net Income

1.0b1.9b1.7b1.5b994.0m2.2b

Depreciation and Amortization

320.0m325.0m361.0m530.0m583.0m611.0m

Inventories

(574.0m)(225.0m)(32.0m)(4.0m)(407.0m)(695.0m)

Accounts Payable

345.0m208.0m(256.0m)188.0m639.0m302.0m
Quarterly
USDQ1, 2010Q2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q1, 2016Q2, 2016Q3, 2017Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

170.0m395.0m678.0m343.0m848.0m1.4b475.0m970.0m1.3b312.0m753.0m404.0m900.0m1.3b405.0m846.0m1.3b325.0m879.0m1.6b669.0m1.4b2.0b

Depreciation and Amortization

79.0m161.0m239.0m79.0m159.0m243.0m85.0m171.0m262.0m98.0m200.0m139.0m284.0m433.0m154.0m308.0m456.0m157.0m315.0m493.0m

Inventories

(189.0m)(301.0m)(524.0m)(210.0m)(290.0m)(367.0m)(209.0m)(439.0m)(367.0m)(177.0m)(184.0m)(202.0m)(264.0m)(401.0m)(259.0m)(475.0m)(773.0m)(107.0m)(125.0m)(62.0m)

Accounts Payable

54.0m239.0m336.0m251.0m307.0m317.0m148.0m61.0m(145.0m)204.0m310.0m296.0m403.0m567.0m246.0m442.0m467.0m166.0m148.0m(3.0m)
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USDY, 2019

EV/EBIT

41.9 x

EV/CFO

12.5 x

EV/FCF

15 x

Debt/Equity

0.3 x

Debt/Assets

0.1 x

Financial Leverage

2.3 x
Show all financial metrics

Cummins Operating Metrics

FY, 2016FY, 2017FY, 2018

Units Shipped (Engine Segment)

536.70 k621.50 k713 k

Heavy-duty Units Shipped (Engine Segment)

79 k95.90 k128.50 k

Medium-duty Units Shipped (Engine Segment)

229.10 k268.10 k311.10 k

Light-duty Units Shipped (Engine Segment)

228.60 k257.50 k273.40 k
Show all operating metrics

Cummins Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
HydrogenicsJuly 01, 2019$290 m
Efficient DrivetrainsJuly 02, 2018
BrammoOctober 16, 2017
Hilite InternationalJuly 18, 2012
Nelson IndustriesDecember 04, 1997$453 m
Anvl
Cherry Island Renewable Energy, LLC
CIFC Worldwide Partner C.V.
CMI Africa Holdings BV
CMI Canada Financing Ltd.
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Cummins Revenue Breakdown

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Cummins revenue breakdown by business segment: 11.0% from Power Systems, 33.7% from Engine, 32.8% from Distribution, 22.4% from Components and 0.0% from Other

Cummins revenue breakdown by geographic segment: 30.6% from Other International, 9.8% from China, 55.6% from United States and 4.1% from Other

Cummins Online and Social Media Presence

Cummins's Trends

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Cummins News and Updates

November 05, 2019

XCMG Partners with Cummins to Create Innovative and Sustainable Industrial Platform

XUZHOU, China, Nov. 5, 2019 /PRNewswire/ -- Leading Chinese construction machinery manufacturer XCMG (SHE:000425) has signed a strategic cooperation agreement with Cummins, a global power leader that designs, manufactures and distributes engines, filtration and power generation products,...
October 31, 2019

Cummins Sees Earnings Weakness Till Infrastructure Spending Strengthens

According to Cummins India CFO Rajiv Batra, it’s mainly the construction sector where things have completely slowed down.
October 29, 2019

Cummins stock pulls back, as sales weakened 'even faster' than expected

Shares of Cummins Inc. fell 1.3% in midday trading, after the truck engine maker reported a third-quarter profit that fell in line with forecasts, but revenue that declined more than expected, citing lower demand for trucks and construction equipment and weakness in international markets. The stock…
September 18, 2019

Loop Energy Announces Investment by Cummins

Investment to fund product development, project deployments and growth plans VANCOUVER, Sept. 18, 2019 /PRNewswire/ - Loop Energy, a leading provider of fuel cell electric range extenders for medium and heavy-duty transport applications, announced today that the Company has received a...
August 29, 2019

Hydrogenics Corporation Shareholders Approve Transaction With Cummins Inc.

MISSISSAUGA, Ontario, Aug. 29, 2019 (GLOBE NEWSWIRE) -- Hydrogenics Corporation  (NASDAQ: HYGS; TSX: HYG) (the “Company” or “Hydrogenics”) is pleased to announce that at the special meeting of its shareholders held today (the “Meeting”), shareholders voted in favour of a special resolution (the “T…
July 19, 2019

Cummins makes offer for VW's large engines unit -sources

United States-based diesel engines maker Cummins has made an indicative offer for Volkswagen's MAN Energy Solutions unit, people close to the matter said, as the carmaker seeks to slim down its portfolio of disparate assets.
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Cummins Blogs

November 13, 2019

Planet 2050

Planet 2050 leubank Wed, 11/13/2019 - 15:41 PLANET 2050 Cummins' next generation environmental sustainability strategy looks out to 2050, setting quantifiable…
November 04, 2019

Turbochargers & Air Handling

Turbochargers & Air Handling leubank Mon, 11/04/2019 - 09:17 …
October 30, 2019

About FFA

About FFA The National FFA Organization is a national youth organization of more than 700,000 student members as part of 8,600 local FFA chapters in all 50 states, Puerto Rico and the U.S. Virgin Islands. The FFA mission is to make a positive difference in the lives of …
October 15, 2019

Cummins at NACV - Booth Features

Cummins at NACV - Booth Features leubank Tue, 10/15/2019 - 11:43 …
October 05, 2019

Independent Service Shops

Independent Service Shops leubank Sat, 10/05/2019 - 14:03 Cummins and Independent Service Shops …
September 24, 2019

Power to move us all forward

Power to move us all forward 352admin Tue, 09/24/2019 - 08:57 /sites/default/files/2019-09/HERO.jpg “For today’s customers and tomorrow’s.” Cummins is moving into…
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 Cummins Frequently Asked Questions

  • When was Cummins founded?

    Cummins was founded in 1919.

  • Who are Cummins key executives?

    Cummins's key executives are Tom Linebarger, Sherry Aaholm and Peter Anderson.

  • How many employees does Cummins have?

    Cummins has 62,610 employees.

  • What is Cummins revenue?

    Latest Cummins annual revenue is $23.8 b.

  • What is Cummins revenue per employee?

    Latest Cummins revenue per employee is $379.7 k.

  • Who are Cummins competitors?

    Competitors of Cummins include Proterra, Parker-Hannifin and Daimler.

  • Where is Cummins headquarters?

    Cummins headquarters is located at 500 Jackson St, Columbus.

  • Where are Cummins offices?

    Cummins has offices in Columbus, Luanda, Laverton North, Perth Airport and in 64 other locations.

  • How many offices does Cummins have?

    Cummins has 71 offices.