Cummins Inc financial data

Symbol
CMI on NYSE
Industry
Engines & Turbines
Location
500 Jackson St, Box 3005 Mail Code 93050, Columbus, Indiana
State of incorporation
Indiana
Fiscal year end
December 31
Former names
CUMMINS ENGINE CO INC (to 8/29/2001)
Latest financial report
Q1 2024 - May 2, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 133 % -3.11%
Quick Ratio 50 % -4.71%
Debt-to-equity 217 % +2.74%
Operating Margin 4.87 % -56.1%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 137 M shares -3.38%
Entity Public Float 34.7 B USD +27.1%
Weighted Average Number of Shares Outstanding, Basic 141 M shares -0.14%
Weighted Average Number of Shares Outstanding, Diluted 142 M shares -0.21%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 34 B USD +12.8%
Cost of Revenue 25.8 B USD +12.3%
Research and Development Expense 1.52 B USD +14.2%
Operating Income (Loss) 1.66 B USD -50.5%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 2.82 B USD -13.8%
Income Tax Expense (Benefit) 756 M USD +7.39%
Earnings Per Share, Basic 13.7 USD/shares -23.2%
Earnings Per Share, Diluted 13.6 USD/shares -23.2%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 2.54 B USD
Marketable Securities, Current 510 M USD +11.1%
Cash, Cash Equivalents, and Short-term Investments 3.05 B USD +25.1%
Inventory, Net 5.76 B USD -2.04%
Assets, Current 15.6 B USD +1.64%
Property, Plant and Equipment, Net 6.01 B USD +7.53%
Operating Lease, Right-of-Use Asset 455 M USD -6.95%
Intangible Assets, Net (Excluding Goodwill) 2.46 B USD -7.01%
Goodwill 2.41 B USD +1.73%
Other Assets, Noncurrent 2.37 B USD +12.3%
Assets 31.8 B USD +1.25%
Accounts Payable, Current 4.48 B USD -3.45%
Employee-related Liabilities, Current 561 M USD +10%
Accrued Liabilities, Current 3.7 B USD +124%
Contract with Customer, Liability, Current 1.24 B USD +18.8%
Liabilities, Current 11.7 B USD -1.99%
Long-term Debt and Lease Obligation 5.77 B USD +30.9%
Contract with Customer, Liability, Noncurrent 1.06 B USD +13.2%
Operating Lease, Liability, Noncurrent 332 M USD -8.79%
Other Liabilities, Noncurrent 3.21 B USD -2.28%
Liabilities 21.7 B USD +5.71%
Accumulated Other Comprehensive Income (Loss), Net of Tax -2.26 B USD -24.2%
Retained Earnings (Accumulated Deficit) 19.6 B USD +5.38%
Stockholders' Equity Attributable to Parent 9.07 B USD -5.78%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 10.1 B USD -4.89%
Liabilities and Equity 31.8 B USD +1.25%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 276 M USD -44.2%
Net Cash Provided by (Used in) Financing Activities 499 M USD
Net Cash Provided by (Used in) Investing Activities -406 M USD -78.1%
Common Stock, Shares Authorized 500 M shares 0%
Common Stock, Shares, Issued 223 M shares 0%
Common Stock, Par or Stated Value Per Share 2.5 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 362 M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 2.54 B USD +28.3%
Interest Paid, Excluding Capitalized Interest, Operating Activities 374 M USD +103%
Deferred Tax Assets, Valuation Allowance 789 M USD +12.1%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 2.76 B USD +27.5%
Operating Lease, Liability 512 M USD +2.4%
Depreciation 691 M USD +24.1%
Payments to Acquire Property, Plant, and Equipment 169 M USD -12.4%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 1.5 B USD -32.4%
Lessee, Operating Lease, Liability, to be Paid 576 M USD +3.41%
Property, Plant and Equipment, Gross 11.3 B USD +5.87%
Operating Lease, Liability, Current 129 M USD -3.01%
Lessee, Operating Lease, Liability, to be Paid, Year Two 126 M USD +6.78%
Lessee, Operating Lease, Liability, to be Paid, Year One 155 M USD +6.9%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 Rate +27%
Deferred Income Tax Expense (Benefit) -457 M USD -66.8%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 64 M USD +12.3%
Lessee, Operating Lease, Liability, to be Paid, Year Three 92 M USD -1.08%
Current Income Tax Expense (Benefit) 1.24 B USD +36.6%
Unrecognized Tax Benefits 330 M USD +16.6%
Lessee, Operating Lease, Liability, to be Paid, Year Four 68 M USD +9.68%
Operating Lease, Payments 148 M USD -1.99%
Amortization of Intangible Assets 324 M USD +45.3%
Depreciation, Depletion and Amortization 265 M USD +7.72%
Deferred Tax Assets, Net of Valuation Allowance 1.97 B USD +35%
Share-based Payment Arrangement, Expense 79 M USD +139%
Interest Expense 377 M USD +40.1%