Cummins Inc. (CMI)
NYSE: CMI · Real-Time Price · USD
328.98
-2.86 (-0.86%)
Oct 31, 2024, 4:00 PM EDT - Market closed

Cummins Statistics

Total Valuation

Cummins has a market cap or net worth of $45.09 billion. The enterprise value is $52.41 billion.

Market Cap 45.09B
Enterprise Value 52.41B

Important Dates

The next confirmed earnings date is Tuesday, November 5, 2024, before market open.

Earnings Date Nov 5, 2024
Ex-Dividend Date Nov 22, 2024

Share Statistics

Cummins has 137.05 million shares outstanding. The number of shares has decreased by -0.60% in one year.

Shares Outstanding 137.05M
Shares Change (YoY) -0.60%
Shares Change (QoQ) -2.96%
Owned by Insiders (%) 0.44%
Owned by Institutions (%) 87.39%
Float 136.29M

Valuation Ratios

The trailing PE ratio is 23.95 and the forward PE ratio is 15.57. Cummins's PEG ratio is 2.06.

PE Ratio 23.95
Forward PE 15.57
PS Ratio 1.36
Forward PS 1.35
PB Ratio 4.76
P/FCF Ratio 37.74
PEG Ratio 2.06
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 11.79, with an EV/FCF ratio of 43.49.

EV / Earnings 26.96
EV / Sales 1.53
EV / EBITDA 11.79
EV / EBIT 15.37
EV / FCF 43.49

Financial Position

The company has a current ratio of 1.34, with a Debt / Equity ratio of 0.76.

Current Ratio 1.34
Quick Ratio 0.70
Debt / Equity 0.76
Debt / EBITDA 1.74
Debt / FCF 6.71
Interest Coverage 8.81

Financial Efficiency

Return on equity (ROE) is 18.94% and return on invested capital (ROIC) is 11.10%.

Return on Equity (ROE) 18.94%
Return on Assets (ROA) 6.76%
Return on Capital (ROIC) 11.10%
Revenue Per Employee $452,623
Profits Per Employee $25,748
Employee Count 75,500
Asset Turnover 1.08
Inventory Turnover 4.35

Taxes

In the past 12 months, Cummins has paid $769.00 million in taxes.

Income Tax 769.00M
Effective Tax Rate 27.02%

Stock Price Statistics

The stock price has increased by +51.14% in the last 52 weeks. The beta is 0.98, so Cummins's price volatility has been similar to the market average.

Beta (5Y) 0.98
52-Week Price Change +51.14%
50-Day Moving Average 318.41
200-Day Moving Average 288.49
Relative Strength Index (RSI) 51.96
Average Volume (20 Days) 563,104

Short Selling Information

The latest short interest is 2.16 million, so 1.58% of the outstanding shares have been sold short.

Short Interest 2.16M
Short Previous Month 2.24M
Short % of Shares Out 1.58%
Short % of Float 1.59%
Short Ratio (days to cover) 3.43

Income Statement

In the last 12 months, Cummins had revenue of $34.17 billion and earned $1.94 billion in profits. Earnings per share was $13.74.

Revenue 34.17B
Gross Profit 8.31B
Operating Income 3.41B
Pretax Income 2.71B
Net Income 1.94B
EBITDA 4.45B
EBIT 3.41B
Earnings Per Share (EPS) $13.74
Full Income Statement

Balance Sheet

The company has $2.18 billion in cash and $8.09 billion in debt, giving a net cash position of -$5.90 billion or -$43.08 per share.

Cash & Cash Equivalents 2.18B
Total Debt 8.09B
Net Cash -5.90B
Net Cash Per Share -$43.08
Equity (Book Value) 10.58B
Book Value Per Share 69.69
Working Capital 3.82B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $2.41 billion and capital expenditures -$1.21 billion, giving a free cash flow of $1.21 billion.

Operating Cash Flow 2.41B
Capital Expenditures -1.21B
Free Cash Flow 1.21B
FCF Per Share $8.79
Full Cash Flow Statement

Margins

Gross margin is 24.31%, with operating and profit margins of 9.98% and 5.69%.

Gross Margin 24.31%
Operating Margin 9.98%
Pretax Margin 8.33%
Profit Margin 5.69%
EBITDA Margin 13.01%
EBIT Margin 9.98%
FCF Margin 3.53%

Dividends & Yields

This stock pays an annual dividend of $7.28, which amounts to a dividend yield of 2.21%.

Dividend Per Share $7.28
Dividend Yield 2.21%
Dividend Growth (YoY) 7.69%
Years of Dividend Growth 18
Payout Ratio 52.99%
Buyback Yield 0.60%
Shareholder Yield 2.81%
Earnings Yield 4.27%
FCF Yield 2.65%
Dividend Details

Analyst Forecast

The average price target for Cummins is $309.33, which is -5.97% lower than the current price. The consensus rating is "Buy".

Price Target $309.33
Price Target Difference -5.97%
Analyst Consensus Buy
Analyst Count 13
Revenue Growth Forecast (5Y) 2.20%
EPS Growth Forecast (5Y) 33.16%
Stock Forecasts

Stock Splits

The last stock split was on January 3, 2008. It was a forward split with a ratio of 2:1.

Last Split Date Jan 3, 2008
Split Type Forward
Split Ratio 2:1

Scores

Cummins has an Altman Z-Score of 3.52 and a Piotroski F-Score of 5.

Altman Z-Score 3.52
Piotroski F-Score 5