Cummins (CMI) stock price, revenue, and financials

Cummins market cap is $28.3 b, and annual revenue was $23.77 b in FY 2018

$28.3 B

CMI Mkt cap, 12-Dec-2019

$5.8 B

Cummins Revenue Q3, 2019
Cummins Gross profit (Q3, 2019)1.5 B
Cummins Gross profit margin (Q3, 2019), %25.9%
Cummins Net income (Q3, 2019)616 M
Cummins EBIT (Q3, 2019)699 M
Cummins Cash, 29-Oct-20191.6 B
Cummins EV29.4 B

Cummins Revenue

Cummins revenue was $23.77 b in FY, 2018 which is a 16.4% year over year increase from the previous period.

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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 Income Statement

Annual

USDFY, 2016FY, 2017FY, 2018

Revenue

17.5b20.4b23.8b

Revenue growth, %

(8%)17%16%

Cost of goods sold

13.1b15.3b18.0b

Gross profit

4.5b5.1b5.7b

Gross profit Margin, %

25%25%24%

R&D expense

636.0m752.0m902.0m

General and administrative expense

2.0b2.4b2.4b

Operating expense total

2.7b3.1b3.0b

EBIT

1.9b2.4b2.8b

EBIT margin, %

11%12%12%

Interest expense

69.0m81.0m114.0m

Interest income

23.0m18.0m35.0m

Pre tax profit

1.9b2.4b2.8b

Income tax expense

474.0m1.4b566.0m

Net Income

1.5b994.0m2.2b

Cummins Balance Sheet

Annual

USDFY, 2016FY, 2017FY, 2018

Cash

1.1b1.4b1.3b

Accounts Receivable

2.8b3.3b3.6b

Prepaid Expenses

627.0m577.0m668.0m

Inventories

2.7b3.2b3.8b

Current Assets

7.7b8.9b9.8b

PP&E

3.8b3.9b4.1b

Goodwill

480.0m1.1b1.1b

Total Assets

15.0b18.1b19.1b

Accounts Payable

1.9b2.6b2.8b

Short-term debt

288.0m418.0m879.0m

Current Liabilities

4.3b5.7b6.4b

Long-term debt

1.6b1.6b1.6b

Total Debt

1.9b2.0b2.5b

Total Liabilities

7.8b9.9b10.8b

Common Stock

2.2b2.2b2.3b

Retained Earnings

11.0b11.5b12.9b

Total Equity

7.2b8.2b8.3b

Debt to Equity Ratio

0.3 x0.2 x0.3 x

Debt to Assets Ratio

0.1 x0.1 x0.1 x

Financial Leverage

2.1 x2.2 x2.3 x

Cummins Cash Flow

Annual

USDFY, 2016FY, 2017FY, 2018

Net Income

1.5b994.0m2.2b

Depreciation and Amortization

530.0m583.0m611.0m

Accounts Receivable

(265.0m)(508.0m)(363.0m)

Inventories

(4.0m)(407.0m)(695.0m)

Accounts Payable

188.0m639.0m302.0m

Cash From Operating Activities

1.9b2.3b2.4b

Cash From Investing Activities

(917.0m)(1.1b)(974.0m)

Short-term Borrowings

68.0m38.0m421.0m

Dividends Paid

(676.0m)(701.0m)(718.0m)

Cash From Financing Activities

(1.4b)(1.1b)(1.4b)

Net Change in Cash

(591.0m)249.0m(66.0m)

Free Cash Flow

1.4b1.8b1.7b

Cummins Ratios

USDY, 2019

EV/EBIT

42.1 x

EV/CFO

12.6 x

EV/FCF

15.1 x

Debt/Equity

0.3 x

Debt/Assets

0.1 x

Financial Leverage

2.3 x

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

Products (Filtration Segment)

8.30 k8.30 k8.30 k

Distribution Sites

600 500 600

Dealers' Locations

7.40 k7.50 k7.60 k

Cummins Employee Rating

3.93843 votes
Culture & Values
4.2
Work/Life Balance
4.0
Senior Management
3.5
Salary & Benefits
3.7
Career Opportunities
3.7
Source