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Cummins Inc   (NYSE: CMI)
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Price: $281.8100 $1.04 0.370%
Day's High: $282.96 Week Perf: -1.42 %
Day's Low: $ 280.91 30 Day Perf: -13.86 %
Volume (M): 42 52 Wk High: $ 387.90
Volume (M$): $ 11,772 52 Wk Avg: $320.85
Open: $283.49 52 Wk Low: $260.02



 Market Capitalization (Millions $) 39,197
 Shares Outstanding (Millions) 139
 Employees 75,500
 Revenues (TTM) (Millions $) 34,102
 Net Income (TTM) (Millions $) 4,068
 Cash Flow (TTM) (Millions $) -508
 Capital Exp. (TTM) (Millions $) 1,208

Cummins Inc
Cummins'Inc.'is a global power leader that designs, manufactures, distributes and services diesel and natural gas engines, electric power generation systems and engine-related products, including filtration and emissions solutions, fuel systems, controls and air handling systems. We were founded in 1919 as one of the first manufacturers of diesel engines and are headquartered in Columbus, IN. We sell our products to Original Equipment Manufacturers (OEMs), distributors and other customers worldwide. We have long-standing relationships with many of the leading manufacturers in the markets we serve, including DaimlerChryslerAG (DaimlerChrysler), Volvo AB, PACCAR'Inc., International Truck and Engine Corporation (Navistar International Corporation), CNH Global N.V., and Scania AB.

Our financial performance depends, in large part, on varying conditions in the markets we serve, particularly the automotive, construction and general industrial markets. Demand in these markets tends to fluctuate in response to overall economic conditions and is particularly sensitive to changes in interest rate levels and fuel costs. OEM inventory levels, production schedules and work stoppages also impact our sales. Economic downturns in the markets we serve generally result in reduced sales, which affect our profits and cash flow.

Competitive Strengths

We believe the following competitive strengths are instrumental to our success:

Leading Brands. Our product portfolio includes products marketed under the following brands, each of which holds a leading position in its respective market:

Cummins engines, electric power generation systems, components and parts;

Onan generator sets;

Newage products sold under the Stamford, AvK and Markon brands;

Fleetguard filtration systems and components;

Nelson intake and exhaust systems and components;

Kuss automotive in-tank fuel filtration;

Universal Silencer large filtration systems and silencers;

Holset turbochargers

Customers and Partners. To maintain technology leadership and a global presence in a cost-effective manner, we have established strategic alliances with a number of our leading customers. These partnerships provide us with a knowledge and understanding of our customers technology and business needs, and enable us to develop products and services, which better meet their requirements at lower costs. For example, we have both customer and supplier arrangements with Komatsu,' Ltd., including multiple manufacturing joint ventures and a product development joint venture through which we have partnered in the development of several engines. We are also the exclusive supplier of engines for Komatsu mining equipment. In addition, we have been the exclusive diesel engine supplier to DaimlerChrysler for its Dodge Ram truck since 1988, and in 2003 our exclusivity agreement was extended beyond model year 2007. We have long-term agreements with Volvo, PACCAR and International Truck and Engine Corporation for the supply of heavy-duty truck engines. These agreements afford us long-term price stability and eliminate certain dealer and end-user discounts as well as offer closer integration on product development. We also have multiple international joint ventures to manufacture midrange engines, including partnerships with Tata Engineering and Locomotive Company, the leading truck manufacturer in India, and Dongfeng Automotive Corporation, the engine supplier to the second largest truck manufacturer in China.

Global Presence. We have a strong global presence including a world class distribution system, manufacturing and engineering facilities around the world and a network of global supply sources. Our worldwide presence has enabled us to take advantage of growth opportunities in international markets, with our sales outside the U.S. growing from 39'percent of total sales in 1999 to 47'percent of total sales in 2003. In the last 45'years, we have developed a distribution and service network that includes more than 680 company-owned and independent distributor locations and 5,000 independent dealers located throughout 137 countries and territories. We also have manufacturing operations and product engineering centers around the world, with facilities in the United Kingdom (UK), Brazil, Mexico, Canada, France, Australia, China, India, South Africa and Singapore. In addition, we have developed a global network of high-quality, low-cost supply sources to support our manufacturing base.

Leading Technology. We have an established reputation for delivering high-quality, technologically advanced products. We continuously work with our customers to develop new products that improve the performance of their vehicles, equipment or systems at competitive cost levels. We are a leader in developing technologies to reduce diesel engine emissions, a key concern of our customers and regulators around the world. We were the first company to develop engines that were certified to meet new emissions standards governing on-highway heavy-duty diesel engines. These standards went into effect for Cummins in the U.S. on October'1, 2002. We also developed low-emission, high-performance natural gas engines as an alternative fuel option for the on-highway, industrial and power generation markets. Our technology leadership enables us to develop integrated product solutions for the power generation and filtration markets, allowing our customers to use a single high-performance, low-cost system as opposed to multiple components from different suppliers.



   Company Address: 500 Jackson Street Columbus 47202 IN
   Company Phone Number: 377-5000   Stock Exchange / Ticker: NYSE CMI


Customers Net Income fell by CMI's Customers Net Profit Margin fell to

-31.71 %

10.68 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
ALSN   -0.08%    
BC   -0.99%    
GPC   -1%    
LEA        2.65% 
PHIN        5.12% 
VC        5.43% 
• View Complete Report
   



Business Update

Charting Carbon-Neutral Courses Accelera by Cummins Signals New Era Amid Market Challenges,

Published Wed, Mar 19 2025 6:54 AM UTC

Electrifying the Future: How Accelera by Cummins is Shaping Spain s Energy Landscape Amidst Market Shifts Guadalajara, Spain In an emblematic gesture of Spain s commitment to a sustainable future, Prime Minister Pedro Sánchez recently visited the state-of-the-art electrolysis facility of Accelera, a zero-emissions division of Cummins Inc. This event underscores the pivot...

Business Update

Sparking a Sustainable Future Acceleras Hydrogen Innovations Hold Key to Revitalizing Cummins Inc.,

Published Tue, Mar 18 2025 6:42 PM UTC

In the heart of Guadalajara, Spain, a beacon of hope for sustainable energy has recently caught the attention of none other than Spanish Prime Minister Pedro Sánchez. This state-of-the-art facility, operated by Accelera by Cummins Cummins Inc. s zero-emissions business segment is not merely a manufacturing plant, but a symbol of the European Union s broader energy transition...

Business Update

Cummins Unveils B7.2 Diesel Engine Amid Declining Customer Revenues in Challenging Economic Climate

Published Fri, Mar 7 2025 9:29 PM UTC

In turbulent times for the industrial sector, Cummins showcases innovation while tackling economic challenges Cummins Inc. (NYSE: CMI), a leader in global power and technology, today unveiled its latest advancement in diesel technology the B7.2 diesel engine. With a legacy of innovation underpinning its renowned B-Series engine platform, the introduction took place at the NT...

Business Update

COLUMBUS, Ind. Cummins Inc. has marked a significant milestone with the reopening of its worldwide Techn...

Published Thu, Nov 7 2024 4:36 AM UTC

Cummins Inc. Celebrates Renovated Technical Center and Sustainability Progress Amidst Growing Financial Aspirations COLUMBUS, Ind. Cummins Inc. has marked a significant milestone with the reopening of its worldwide Technical Center Hub office tower in Columbus, Indiana, after extensive renovations that began in 2021. Originally opened in 1968, the Cummins Technical Center ...

Cummins Inc

Cummins Inc. Thrives in Tough Times: Revenue Rises 1.83% to $8.80 Billion Amid Industry Decline!

Cummins Inc. Reports Impressive Growth Amid Industry Challenges: Is the Stock Poised for Further Gains?
In a climate where many companies in the Auto & Truck Parts industry are grappling with revenue reductions, Cummins Inc. (NYSE: CMI) stands out with commendable growth figures. For the second quarter ending June 30, 2024, Cummins published modest revenue growth of 1.829%, reaching $8.80 billion, along with a 4.16% increase in earnings year-on-year, amounting to $5.26 per share. These figures contrast sharply with the broader industry's trends, indicating that Cummins has not only weathered the storm but is actually thriving in this challenging environment.

Financial Resilience in a Turbulent Industry
The auto and truck parts industries have been facing a significant downturn, with a majority of peers reporting declines in revenue. In stark contrast, Cummins experienced a 4.677% revenue increase compared to the prior quarter where revenue stood at $8.40 billion. This continued drive in top-line growth highlights the resilience and adaptability of Cummins in today?s volatile market.







Cummins Inc's Segments
Drivetrain and braking systems    13.38 % of total Revenue
Emission solutions CBU business    8.98 % of total Revenue
Components and software    2.94 % of total Revenue
Automated Transmissions CBU business    1.75 % of total Revenue
Heavy-duty truck EBU market    9.24 % of total Revenue
Medium-duty truck and bus EBU market    9.53 % of total Revenue
Light-duty automotive EBU market    4.73 % of total Revenue
On-highway EBU market    23.5 % of total Revenue
Off-highway EBU market    2.7 % of total Revenue
Power Generation DBU product line    12.87 % of total Revenue
Parts DBU product line    11.83 % of total Revenue
Service DBU product line    5.36 % of total Revenue
Engines DBU product line    4.74 % of total Revenue
Power Generation PSBU product line    5.9 % of total Revenue
Industrial PSBU product line    3.46 % of total Revenue
Generator technologies PSBU product line    1.42 % of total Revenue
Components    32.21 % of total Revenue
Engine    34.45 % of total Revenue
Distribution    34.91 % of total Revenue
Power Systems    19.95 % of total Revenue
External Sales Components    27.05 % of total Revenue
External Sales Engine    26.19 % of total Revenue
External Sales Distribution    34.79 % of total Revenue
External Sales Power Systems    10.79 % of total Revenue
UNITED STATES    57.06 % of total Revenue
CHINA    8.6 % of total Revenue
CHINA Distribution    1.4 % of total Revenue
INDIA    4.92 % of total Revenue
INDIA Distribution    0.91 % of total Revenue
OTHER INTERNATIONAL    29.42 % of total Revenue
NORTH AMERICA Distribution    23.03 % of total Revenue
ASIA PACIFIC Distribution    4.04 % of total Revenue
EUROPE Distribution    3.63 % of total Revenue
AFRICA AND MIDDLE EAST Distribution    0.95 % of total Revenue
LATIN AMERICA Distribution    0.84 % of total Revenue
Accelera    1.3 % of total Revenue
Total Segments    122.82 % of total Revenue
External Sales Accelera    1.18 % of total Revenue
External Sales Total Segments    100 % of total Revenue
Intersales Components    5.17 % of total Revenue
Intersales Engine    8.25 % of total Revenue
Intersales Distribution    0.12 % of total Revenue
Intersales Power Systems    9.17 % of total Revenue
Intersales Accelera    0.12 % of total Revenue
Intersales Total Segments    22.82 % of total Revenue





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