Ticker
CMI

Price
300.35
Stock movement down
-0.32 (-0.11%)
Company name
Cummins Inc
Exchange
(NYSE
,
Currency
USD
)
Sector
Industrials >
Specialty Industrial Machinery
Market cap
42.46B
Ent value
60.43B
Price/Sales
1.51
Price/Book
4.15
Div yield
2.24%
Div growth
14.52%
Growth years
15
FCF payout
81.74%
Trailing P/E
19.74
Forward P/E
15.63
PEG
-
EPS growth
19.31%
1 year return
36.32%
3 year return
5.17%
5 year return
12.97%
10 year return
7.23%
Last updated: 2024-04-08

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DIVIDENDS

Dividend yield - 5y

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Dividend yield data
Dividend per share6.72
Dividend yield2.24%
Payout frequencyQuarterly
Maximum yield5.10%
Average yield2.76%
Minimum yield1.96%
Discount to avg yield-23.52%
Upside potential-19.04%
Yield as % of max yield43.84%

Yield distribution (inverse percentile) - 5y

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Yield distribution data
Dividend yield2.24%
Current yield distribution93.41%
Yield at 100% (Min)1.96%
Yield at 90%2.32%
Yield at 80%2.46%
Yield at 50% (Median)2.76%
Yield at 20%3.03%
Yield at 10%3.22%
Yield at 0% (Max)5.10%

Dividend per share

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Dividend per share data
Years of growth15 years
CCC statusDividend Contender
Dividend per share6.72
Payout frequencyQuarterly
Ex-div date22 Feb 2024
EPS (TTM)15.12
EPS (1y forward)19.22
EPS growth (5y)19.31%
EPS growth (5y forward)-3.42%

Dividend growth

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Dividend growth data
CMIS&P500
DGR MR7.01%-16.32%
DGR TTM7.31%4.05%
DGR 3 years7.15%5.24%
DGR 5 years14.52%5.40%
DGR 10 years11.19%7.07%
DGR 15 years17.22%6.12%
Time since last change announced279 days
EPS growth (5y)19.31%
EPS growth (5y forward)-3.42%

Payout ratio

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Payout ratio data
EPS coverageFCF coverage
TTM39.75%81.74%
Average--
Forward34.96%-

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VALUATION

Valuation Ratios

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Valuation Ratios data
Trailing P/E19.74
Price to OCF21.64
Price to FCF40.59
Price to EBITDA11.26
EV to EBITDA16.03

Valuation (Sales/Book Value)

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Valuation (Sales/Book Value) data
Price to Sales1.51
Price to Book4.15
EV to Sales2.15

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FINANCIALS

Per share

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Per share data
Current share count141.38M
EPS (TTM)15.12
FCF per share (TTM)7.35

Income statement

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Income statement data
Revenue (TTM)28.07B
Gross profit (TTM)6.72B
Operating income (TTM)2.93B
Net income (TTM)2.15B
EPS (TTM)15.12
EPS (1y forward)19.22

Margins

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Margins data
Gross margin (TTM)23.93%
Operating margin (TTM)10.43%
Profit margin (TTM)7.66%

Balance Sheet

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Balance Sheet data
Cash2.10B
Net receivables5.20B
Total current assets14.45B
Goodwill2.34B
Intangible assets2.69B
Property, plant and equipment0.00
Total assets30.30B
Accounts payable4.25B
Short/Current long term debt7.64B
Total current liabilities11.42B
Total liabilities20.07B
Shareholder's equity10.22B
Net tangible assets4.20B

Cash flow

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Cash flow data
Operating cash flow (TTM)1.96B
Capital expenditures (TTM)916.00M
Free cash flow (TTM)1.05B
Dividends paid (TTM)855.00M

Financial returns

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Financial returns data
Return on Equity21.04%
Return on Assets7.10%
Return on Invested Capital12.04%
Cash Return on Invested Capital5.85%

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STOCK INFORMATION

Stock chart

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Stock price data
Open301.63
Daily high304.20
Daily low299.35
Daily Volume932K
All-time high300.67
1y analyst estimate259.99
Beta1.01
EPS (TTM)15.12
Dividend per share6.72
Ex-div date22 Feb 2024
Next earnings date30 Apr 2024

Downside potential

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Downside potential data
CMIS&P500
Current price drop from All-time high-0.11%-0.85%
Highest price drop-76.12%-56.47%
Date of highest drop9 Oct 20029 Mar 2009
Avg drop from high-22.92%-11.35%
Avg time to new high26 days13 days
Max time to new high1854 days1805 days

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COMPANY DETAILS
CMI (Cummins Inc) company logo
Marketcap
42.46B
Marketcap category
Large-cap
Description
Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, electric and hybrid powertrains, and related components worldwide. It operates through five segments: Engine, Distribution, Components, Power Systems, and New Power. The company offers diesel and natural gas-powered engines under the Cummins and other customer brands for the heavy and medium-duty truck, bus, recreational vehicle, light-duty automotive, construction, mining, marine, rail, oil and gas, defense, and agricultural markets; and offers new parts and services, as well as remanufactured parts and engines. It also provides power generation systems, high-horsepower engines, heavy and medium duty engines, application engineering services, custom-designed assemblies, retail and wholesale aftermarket parts, and in-shop and field-based repair services. In addition, the company offers emission solutions; turbochargers; air and fuel filters, fuel water separators, lube and hydraulic filters, coolants, fuel additives, and other filtration systems; and electronic control modules, sensors, and supporting software, as well as new, replacement, and remanufactured fuel systems. Further, it provides automated transmissions; standby and prime power generators, controls, paralleling systems, and transfer switches, as well as A/C generator/alternator products under the Stamford and AVK brands; and electrified power systems with components and subsystems, including battery, fuel cell, and hydrogen production technologies. Additionally, it offers filtration, aftertreatment, controls systems, air handling systems, automated transmissions, electric power generation systems, and batteries. The company sells its products to original equipment manufacturers, distributors, dealers, and other customers. The company was formerly known as Cummins Engine Company and changed its name to Cummins Inc. in 2001. Cummins Inc. was founded in 1919 and is headquartered in Columbus, Indiana.
Employees
73600
SEC filings
CEO
Norman Linebarger
Country
USA
City
Columbus
Stock type
Common stock
CCC status
Dividend Contender
Dividend Frequency
Quarterly
EVENTS AND PRESENTATIONS
EventsPresentations
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UNDERSTAND THE BUSINESS
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