Cummins Inc. is expected to announce its latest quarterly earnings on Monday, May 4th, with a consensus estimate EPS of $5.63.
Cummins Inc. (CMI) is currently priced at $640.97, experiencing a price decrease of $19.81 (-3%) from the previous close. The trading volume is at $136,964, representing a 14.51% increase compared to the average volume.
CMI has shown a positive streak over eight consecutive days, with a $39.51 absolute price increase (6.57%) since the streak began at $601.46.
In the latest quarterly earnings report on Wednesday, February 4th, Cummins Inc. reported an EPS of $5.36.
With a forward dividend yield of 1.25%, Cummins Inc. distributed $7.82 per share over the trailing twelve months, indicating a significant increase year-over-year.
The company generated a free cash flow of $990 million, with a net cash increase of $279 million. Operating cash flow stood at $1.53 billion, reflecting a healthy financial position.
Cummins Inc. reported a net income of $593 million, resulting in an EPS of $4.29. The company maintained a gross profit margin of 22.86% and an operating income of $640 million.
Key ratios for Cummins Inc. show healthy performance metrics, including a net profit margin of 6.95% and a return on equity of 4.8.
The balance sheet highlights Cummins Inc.'s total assets of $33.99 billion and total liabilities of $20.58 billion, indicating a strong financial position.
This comprehensive overview provides insights into Cummins Inc.'s recent performance and financial health, offering valuable information for investors.
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.