Cummins was founded in 1919 and is headquartered in Columbus, US

Chairman and Chief Executive Officer

Cummins has an office in Columbus

## Revenue (2016) | $17.5 b |

## Revenue growth (2015-16), % | (8%) |

## Gross profit | $4.5 b |

## Gross profit margin (2016), % | 25% |

## Net income (2016) | $1.5 b |

## Market capitalization (21-Mar-2017) | $25.6 b |

## Closing share price (21-Mar-2017) | $154.3 |

## Cash (31-Dec-2016) | $1.1 b |

Cummins's current market capitalization is $25.6 b.

Cummins's revenue was reported to be $17.5 b in FY, 2016 which is a **8.4% decrease** from the previous period.

FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} | |
---|---|---|---|---|

## Revenue | $17.3 b | $19.2 b | $19.1 b | $17.5 b |

## Revenue growth, % | 11% | (1%) | (8%) | |

## Cost of goods sold | $12.9 b | $14.4 b | $14.2 b | $13.1 b |

## Gross profit | $4.4 b | $4.9 b | $4.9 b | $4.5 b |

## Gross profit Margin, % | 25% | 25% | 26% | 25% |

## EBIT | $2.1 b | $2.4 b | $2.1 b | $1.9 b |

## EBIT margin, % | 12% | 12% | 11% | 11% |

## Interest income | $27 m | $23 m | $24 m | $23 m |

## Pre tax profit | $2.1 b | $2.4 b | $2 b | $1.9 b |

## Net Income | $1.6 b | $1.7 b | $1.5 b | $1.5 b |

FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} | |
---|---|---|---|---|

## Cash | $2.7 b | $2.3 b | $1.7 b | $1.1 b |

## Inventories | $2.4 b | $2.9 b | $2.7 b | $2.7 b |

## Current Assets | $8.6 b | $9.1 b | $7.9 b | $7.7 b |

## PP&E | $3.2 b | $3.7 b | $3.7 b | $3.8 b |

## Goodwill | $461 m | $479 m | $482 m | $480 m |

## Total Assets | $14.7 b | $15.8 b | $15.1 b | $15 b |

## Accounts Payable | $1.6 b | $1.9 b | $1.7 b | $1.9 b |

## Total Debt | $1.7 b | $1.6 b | $1.6 b | $1.6 b |

## Current Liabilities | $3.4 b | $4 b | $3.8 b | $4.3 b |

## Retained Earnings | $8.4 b | $9.5 b | $10.3 b | $11 b |

## Total Equity | $7.9 b | $8.1 b | $7.8 b | $7.2 b |

## Debt to Equity Ratio | 0.2 x | 0.2 x | 0.2 x | 0.2 x |

## Debt to Assets Ratio | 0.1 x | 0.1 x | 0.1 x | 0.1 x |

## Financial Leverage | 1.9 x | 1.9 x | 2 x | 2.1 x |

FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} | |
---|---|---|---|---|

## Net Income | $1.6 b | $1.7 b | $1.5 b | $1.5 b |

## Inventories | ($256 m) | $150 m | ($4 m) | |

## Accounts Payable | $244 m | ($136 m) | $184 m | |

## Cash From Operating Activities | $2.1 b | $2.3 b | $2.1 b | $1.9 b |

## Capital Expenditures | ($676 m) | ($743 m) | ($744 m) | ($531 m) |

## Cash From Investing Activities | ($846 m) | ($1.2 b) | ($918 m) | ($917 m) |

## Cash From Financing Activities | $52 m | ($1.3 b) | ($1.6 b) | ($1.4 b) |

## Free Cash Flow | $2.8 b | $3 b | $2.8 b | $2.5 b |

Source: 2.7 k public H-1B filings from Cummins