Cummins Statistics
Total Valuation
Cummins has a market cap or net worth of $36.60 billion. The enterprise value is $40.38 billion.
| Market Cap | 36.60B |
| Enterprise Value | 40.38B |
Important Dates
The next estimated earnings date is Thursday, August 1, 2024, before market open.
| Earnings Date | Aug 1, 2024 |
| Ex-Dividend Date | May 23, 2024 |
Share Statistics
Cummins has 136.78 million shares outstanding. The number of shares has decreased by -0.14% in one year.
| Shares Outstanding | 136.78M |
| Shares Change (YoY) | -0.14% |
| Shares Change (QoQ) | n/a |
| Owned by Insiders (%) | 0.40% |
| Owned by Institutions (%) | 88.65% |
| Float | 136.04M |
Valuation Ratios
The trailing PE ratio is 19.63 and the forward PE ratio is 14.11. Cummins's PEG ratio is 0.75.
| PE Ratio | 19.63 |
| Forward PE | 14.11 |
| PS Ratio | 1.08 |
| Forward PS | 1.11 |
| PB Ratio | 4.04 |
| P/FCF Ratio | 14.31 |
| PEG Ratio | 0.75 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 9.82, with an EV/FCF ratio of 15.79.
| EV / Earnings | 20.84 |
| EV / Sales | 1.19 |
| EV / EBITDA | 9.82 |
| EV / EBIT | 13.15 |
| EV / FCF | 15.79 |
Financial Position
The company has a current ratio of 1.34, with a Debt / Equity ratio of 0.75.
| Current Ratio | 1.34 |
| Quick Ratio | 0.73 |
| Debt / Equity | 0.75 |
| Debt / EBITDA | 1.66 |
| Debt / FCF | 2.67 |
| Interest Coverage | 8.15 |
Financial Efficiency
Return on equity (ROE) is 19.90% and return on invested capital (ROIC) is 5.75%.
| Return on Equity (ROE) | 19.90% |
| Return on Assets (ROA) | 6.10% |
| Return on Capital (ROIC) | 5.75% |
| Revenue Per Employee | $450,530 |
| Profits Per Employee | $25,669 |
| Employee Count | 75,500 |
| Asset Turnover | 1.07 |
| Inventory Turnover | 4.43 |
Taxes
In the past 12 months, Cummins has paid $756.00 million in taxes.
| Income Tax | 756.00M |
| Effective Tax Rate | 28.06% |
Stock Price Statistics
The stock price has increased by +7.71% in the last 52 weeks. The beta is 1.02, so Cummins's price volatility has been similar to the market average.
| Beta (5Y) | 1.02 |
| 52-Week Price Change | +7.71% |
| 50-Day Moving Average | 281.93 |
| 200-Day Moving Average | 255.69 |
| Relative Strength Index (RSI) | 37.98 |
| Average Volume (20 Days) | 1,045,910 |
Short Selling Information
The latest short interest is 2.45 million, so 1.79% of the outstanding shares have been sold short.
| Short Interest | 2.45M |
| Short Previous Month | 1.83M |
| Short % of Shares Out | 1.79% |
| Short % of Float | 1.80% |
| Short Ratio (days to cover) | 2.89 |
Income Statement
In the last 12 months, Cummins had revenue of $34.02 billion and earned $1.94 billion in profits. Earnings per share was $13.63.
| Revenue | 34.02B |
| Gross Profit | 8.26B |
| Operating Income | 1.27B |
| Pretax Income | 2.69B |
| Net Income | 1.94B |
| EBITDA | 4.11B |
| EBIT | 3.07B |
| Earnings Per Share (EPS) | $13.63 |
Balance Sheet
The company has $3.05 billion in cash and $6.84 billion in debt, giving a net cash position of -$3.78 billion or -$27.66 per share.
| Cash & Cash Equivalents | 3.05B |
| Total Debt | 6.84B |
| Net Cash | -3.78B |
| Net Cash Per Share | -$27.66 |
| Equity (Book Value) | 9.07B |
| Book Value Per Share | 66.29 |
| Working Capital | 3.93B |
Cash Flow
In the last 12 months, operating cash flow was $3.75 billion and capital expenditures -$1.19 billion, giving a free cash flow of $2.56 billion.
| Operating Cash Flow | 3.75B |
| Capital Expenditures | -1.19B |
| Free Cash Flow | 2.56B |
| FCF Per Share | $18.10 |
Margins
Gross margin is 24.29%, with operating and profit margins of 3.73% and 5.70%.
| Gross Margin | 24.29% |
| Operating Margin | 3.73% |
| Pretax Margin | 7.92% |
| Profit Margin | 5.70% |
| EBITDA Margin | 12.09% |
| EBIT Margin | 9.03% |
| FCF Margin | 7.52% |
Dividends & Yields
This stock pays an annual dividend of $6.72, which amounts to a dividend yield of 2.51%.
| Dividend Per Share | $6.72 |
| Dividend Yield | 2.51% |
| Dividend Growth (YoY) | 7.01% |
| Years of Dividend Growth | 18 |
| Payout Ratio | 49.30% |
| Buyback Yield | 0.14% |
| Shareholder Yield | 2.65% |
| Earnings Yield | 5.30% |
| FCF Yield | 6.99% |
Analyst Forecast
The average price target for Cummins is $284.25, which is 6.24% higher than the current price. The consensus rating is "Buy".
| Price Target | $284.25 |
| Price Target Difference | 6.24% |
| Analyst Consensus | Buy |
| Analyst Count | 13 |
| Revenue Growth Forecast (5Y) | 2.20% |
| EPS Growth Forecast (5Y) | 33.16% |
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 3.41 and a Piotroski F-Score of 8.
| Altman Z-Score | 3.41 |
| Piotroski F-Score | 8 |