Cummins Inc. (CMI) Stock

About Cummins Inc.

Cummins Inc. is a global innovator in power solutions, responsible for the design, manufacturing, distribution, and maintenance of a broad array of diesel and natural gas engines, alongside cutting-edge electric and hybrid powertrains, and associated components. Its operations are strategically divided into five segments: Engine, Distribution, Components, Power Systems, and New Power. The company's extensive engine portfolio, available under the Cummins brand and others, powers a vast range of heavy and medium-duty applications, including commercial trucks, buses, recreational vehicles, light-duty automobiles, construction and mining equipment, marine vessels, railway systems, oil and gas operations, defense, and agriculture. Complementing these engines, Cummins provides both new and remanufactured parts and comprehensive servicing. Beyond its core engine offerings, Cummins delivers sophisticated power generation systems, high-horsepower engines, and specialized application engineering. It also offers custom-designed assemblies, retail and wholesale aftermarket components, and expert repair services conducted both in-shop and on-site. The company's technological scope extends to emission control solutions, turbochargers, a variety of filtration systems (for air, fuel, lubricants, and hydraulics), coolants, fuel additives, and advanced electronic control modules, sensors, and supporting software. Fuel systems, both new and reconditioned, are also a key part of their product line, as are automated transmissions. For electrical power generation, Cummins provides standby and primary power generators, complete with controls, paralleling systems, and transfer switches, featuring products like Stamford and AVK A/C alternators. Embracing future energy demands, the company is a frontrunner in electrified power systems, encompassing battery technologies, fuel cells, and hydrogen production. This includes a robust offering of filtration, aftertreatment, control, air handling systems, automated transmissions, electric power generation, and battery solutions. Cummins distributes its diverse product range to original equipment manufacturers, an extensive network of distributors and dealers, and various other clientele worldwide. Founded in 1919 as the Cummins Engine Company, the enterprise adopted its current name, Cummins Inc., in 2001 and maintains its headquarters in Columbus, Indiana.

Cummins Inc. is led by CEO Jennifer W. Rumsey, employs 69,600 people, headquartered in Columbus, US, publicly traded since 1947.

Cummins Inc. (CMI) stock trades at $606.00 with a market capitalization of $83.62B. The stock is valued at a price-to-earnings (P/E) ratio of 32.26, price-to-book of 7.15, price-to-sales of 2.75. Over the past 52 weeks the stock has ranged between $273.97 and $727.59, and currently trades 16.7% below its 52-week high. It pays a dividend yielding 1.18%.

On profitability, Cummins Inc. generates a return on equity (ROE) of 23.02% — well above the market average, a sign of a high-quality business, return on capital employed of 29.80%, an operating margin of 11.87%, a net profit margin of 7.89%.

In its most recent fiscal year, Cummins Inc. reported annual revenue of $33.7B, net profit of $2.8B, revenue has compounded at 11.2% a year over the last five years, profit at 9.7% a year.

The balance sheet shows a debt-to-equity ratio of 0.67, a current ratio of 1.76, total assets of $34.0B, $2.8B in cash and equivalents.

CMI has an average daily trading volume of 1,018,500 shares, a beta of 1.24.

Official website: www.cummins.com