Cummins Statistics
Total Valuation
Cummins has a market cap or net worth of $41.79 billion. The enterprise value is $45.66 billion.
| Market Cap | 41.79B |
| Enterprise Value | 45.66B |
Important Dates
The next confirmed earnings date is Thursday, May 2, 2024, before market open.
| Earnings Date | May 2, 2024 |
| Ex-Dividend Date | Feb 22, 2024 |
Share Statistics
Cummins has 141.86 million shares outstanding. The number of shares has increased by 0.51% in one year.
| Shares Outstanding | 141.86M |
| Shares Change (YoY) | +0.51% |
| Shares Change (QoQ) | -0.04% |
| Owned by Insiders (%) | 0.41% |
| Owned by Institutions (%) | 89.17% |
| Float | 141.12M |
Valuation Ratios
The trailing PE ratio is 57.16 and the forward PE ratio is 15.90. Cummins's PEG ratio is 0.75.
| PE Ratio | 57.16 |
| Forward PE | 15.90 |
| PS Ratio | 1.22 |
| Forward PS | 1.26 |
| PB Ratio | 4.71 |
| P/FCF Ratio | 15.15 |
| PEG Ratio | 0.75 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 15.64, with an EV/FCF ratio of 16.59.
| EV / Earnings | 62.13 |
| EV / Sales | 1.34 |
| EV / EBITDA | 15.64 |
| EV / EBIT | 24.08 |
| EV / FCF | 16.59 |
Financial Position
The company has a current ratio of 1.18, with a Debt / Equity ratio of 0.76.
| Current Ratio | 1.18 |
| Quick Ratio | 0.65 |
| Debt / Equity | 0.76 |
| Debt / EBITDA | 2.29 |
| Debt / FCF | 2.43 |
| Interest Coverage | 5.06 |
Financial Efficiency
Return on equity (ROE) is 7.40% and return on invested capital (ROIC) is 4.72%.
| Return on Equity (ROE) | 7.40% |
| Return on Assets (ROA) | 2.30% |
| Return on Capital (ROIC) | 4.72% |
| Revenue Per Employee | $451,192 |
| Profits Per Employee | $9,735 |
| Employee Count | 75,500 |
| Asset Turnover | 1.07 |
| Inventory Turnover | 4.58 |
Taxes
In the past 12 months, Cummins has paid $786.00 million in taxes.
| Income Tax | 786.00M |
| Effective Tax Rate | 51.68% |
Stock Price Statistics
The stock price has increased by +25.49% in the last 52 weeks. The beta is 1.04, so Cummins's price volatility has been similar to the market average.
| Beta (1Y) | 1.04 |
| 52-Week Price Change | +25.49% |
| 50-Day Moving Average | 276.47 |
| 200-Day Moving Average | 245.38 |
| Relative Strength Index (RSI) | 57.84 |
| Average Volume (30 Days) | 3,275,835 |
Short Selling Information
The latest short interest is 2.75 million, so 1.94% of the outstanding shares have been sold short.
| Short Interest | 2.75M |
| Short Previous Month | 5.84M |
| Short % of Shares Out | 1.94% |
| Short % of Float | 1.95% |
| Short Ratio (days to cover) | 0.41 |
Income Statement
In the last 12 months, Cummins had revenue of $34.07 billion and earned $735.00 million in profits. Earnings per share was $5.15.
| Revenue | 34.07B |
| Gross Profit | 8.25B |
| Operating Income | 1.52B |
| Pretax Income | 1.52B |
| Net Income | 735.00M |
| EBITDA | 2.92B |
| EBIT | 1.90B |
| Earnings Per Share (EPS) | $5.15 |
Balance Sheet
The company has $2.74 billion in cash and $6.70 billion in debt, giving a net cash position of -$3.96 billion or -$27.88 per share.
| Cash & Cash Equivalents | 2.74B |
| Total Debt | 6.70B |
| Net Cash | -3.96B |
| Net Cash Per Share | -$27.88 |
| Equity / Book Value | 8.85B |
| Book Value Per Share | 62.39 |
| Working Capital | 2.30B |
Cash Flow
In the last 12 months, operating cash flow was $3.97 billion and capital expenditures -$1.21 billion, giving a free cash flow of $2.75 billion.
| Operating Cash Flow | 3.97B |
| Capital Expenditures | -1.21B |
| Free Cash Flow | 2.75B |
| FCF Per Share | $19.42 |
Margins
Gross margin is 24.22%, with operating and profit margins of 4.46% and 2.16%.
| Gross Margin | 24.22% |
| Operating Margin | 4.46% |
| Pretax Margin | 4.46% |
| Profit Margin | 2.16% |
| EBITDA Margin | 8.57% |
| EBIT Margin | 5.57% |
| FCF Margin | 8.08% |
Dividends & Yields
This stock pays an annual dividend of $6.72, which amounts to a dividend yield of 2.28%.
| Dividend Per Share | $6.72 |
| Dividend Yield | 2.28% |
| Dividend Growth (YoY) | 7.31% |
| Years of Dividend Growth | 18 |
| Payout Ratio | 130.49% |
| Buyback Yield | -0.51% |
| Shareholder Yield | 1.77% |
| Earnings Yield | 1.76% |
| FCF Yield | 6.60% |
Analyst Forecast
The average price target for Cummins is $271.92, which is -7.69% lower than the current price. The consensus rating is "Hold".
| Price Target | $271.92 |
| Price Target Difference | -7.69% |
| Analyst Consensus | Hold |
| Analyst Count | 12 |
| Revenue Growth Forecast (5Y) | 2.18% |
| EPS Growth Forecast (5Y) | 40.64% |
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 3.26 and a Piotroski F-Score of 6.
| Altman Z-Score | 3.26 |
| Piotroski F-Score | 6 |