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

Chairman and Chief Executive Officer

Cummins has an office in Columbus

Cummins's revenue was reported to be $17.5 b in FY, 2016 which is a **8% decrease** from the previous period.

USD

## Revenue (FY, 2016) | 17.5 b |

## Revenue growth (FY, 2015 - FY, 2016), % | (8%) |

## Gross profit (FY, 2016) | 4.5 b |

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

## Net income (FY, 2016) | 1.5 b |

## EBIT (FY, 2016) | 1.9 b |

## Market capitalization (26-Jun-2017) | 26.6 b |

## Closing share price (26-Jun-2017) | 159.1 |

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

## EV | 27 b |

Cummins's current market capitalization is $26.6 b.

USD | 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 |

USD | 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 |

USD | 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 |

USD | Y, 2016 |
---|---|

## EV/EBIT | 14 x |

## EV/CFO | 14 x |

## EV/FCF | 11 x |

## Revenue/Employee | 316.6 k |

## Debt/Equity | 0.2 x |

## Debt/Assets | 0.1 x |

## Financial Leverage | 2.1 x |

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