Cummins Inc financial data

Symbol
CMI on NYSE
Location
500 Jackson St, Box 3005 Mail Code 93050, Columbus, IN
State of incorporation
IN
Fiscal year end
December 31
Former names
CUMMINS ENGINE CO INC (to 8/29/2001)
Latest financial report
10-Q - Q2 2024 - Aug 1, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 132 % -0.82%
Quick Ratio 49.5 % -3.53%
Debt-to-equity 223 % +2.49%
Operating Margin 4.99 % -53.5%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 137M shares -3.25%
Entity Public Float 34.7B USD +27.1%
Weighted Average Number of Shares Outstanding, Basic 137M shares -3.25%
Weighted Average Number of Shares Outstanding, Diluted 138M shares -3.23%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 34.2B USD +6.15%
Cost of Revenue 25.9B USD +5.34%
Research and Development Expense 1.51B USD +7%
Operating Income (Loss) 1.71B USD -50.6%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 2.85B USD -15.4%
Income Tax Expense (Benefit) 769M USD +0.13%
Earnings Per Share, Basic 13.9 USD/shares -22.4%
Earnings Per Share, Diluted 13.8 USD/shares -22.5%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 1.59B USD
Marketable Securities, Current 593M USD +15.8%
Cash, Cash Equivalents, and Short-term Investments 2.18B USD -5.66%
Inventory, Net 5.86B USD -2.81%
Assets, Current 15B USD -2.91%
Property, Plant and Equipment, Net 6.05B USD +5.77%
Operating Lease, Right-of-Use Asset 454M USD -11.7%
Intangible Assets, Net (Excluding Goodwill) 2.5B USD -3.17%
Goodwill 2.39B USD -0.42%
Other Assets, Noncurrent 2.39B USD +7.13%
Assets 31.3B USD -1.31%
Accounts Payable, Current 4.41B USD +2.25%
Employee-related Liabilities, Current 801M USD +11.1%
Accrued Liabilities, Current 1.89B USD +15.5%
Contract with Customer, Liability, Current 1.31B USD +28.9%
Liabilities, Current 11.1B USD +0.9%
Long-term Debt and Lease Obligation 5.43B USD +6.62%
Contract with Customer, Liability, Noncurrent 1.05B USD +11.4%
Operating Lease, Liability, Noncurrent 333M USD -13.7%
Other Liabilities, Noncurrent 3.13B USD -5.38%
Liabilities 20.7B USD +1.79%
Accumulated Other Comprehensive Income (Loss), Net of Tax -2.34B USD -21.8%
Retained Earnings (Accumulated Deficit) 20.1B USD +5.23%
Stockholders' Equity Attributable to Parent 9.55B USD -7.6%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 10.6B USD -6.87%
Liabilities and Equity 31.3B USD -1.31%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 276M USD -44.2%
Net Cash Provided by (Used in) Financing Activities 499M USD
Net Cash Provided by (Used in) Investing Activities -406M USD -78.1%
Common Stock, Shares Authorized 500M shares 0%
Common Stock, Shares, Issued 223M 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 362M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 1.59B USD -11.8%
Deferred Tax Assets, Valuation Allowance 789M USD +12.1%
Deferred Tax Assets, Gross 2.76B USD +27.5%
Operating Lease, Liability 512M USD +2.4%
Payments to Acquire Property, Plant, and Equipment 169M USD -12.4%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 1.53B USD -34.2%
Lessee, Operating Lease, Liability, to be Paid 576M USD +3.41%
Property, Plant and Equipment, Gross 11.4B USD +4.53%
Operating Lease, Liability, Current 131M USD -2.96%
Lessee, Operating Lease, Liability, to be Paid, Year Two 126M USD +6.78%
Lessee, Operating Lease, Liability, to be Paid, Year One 155M USD +6.9%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 Rate +27%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 64M USD +12.3%
Lessee, Operating Lease, Liability, to be Paid, Year Three 92M USD -1.08%
Unrecognized Tax Benefits 330M USD +16.6%
Lessee, Operating Lease, Liability, to be Paid, Year Four 68M USD +9.68%
Depreciation, Depletion and Amortization 265M USD +7.72%
Deferred Tax Assets, Net of Valuation Allowance 1.97B USD +35%
Interest Expense 387M USD +15.9%