Industrials - Industrial - Machinery - NYSE - US
$ 361.85
-0.517 %
$ 49.6 B
Market Cap
23.68
P/E
INCOME STATEMENT
34.1 B
REVENUE
1.76 B
OPERATING INCOME
840 M
NET INCOME
EFFICIENCY
Earnings Waterfall
Cummins Inc.
| Revenue | 34.1 B |
| Cost Of Revenue | 25.8 B |
| Gross Profit | 8.25 B |
| Operating Expenses | 6.49 B |
| Operating Income | 1.76 B |
| Other Expenses | 921 M |
| Net Income | 840 M |
Income Statement
Millions
| Dec-2023 | Dec-2022 | Dec-2021 | Dec-2020 | Dec-2019 | Dec-2018 | Dec-2017 | Dec-2016 | Dec-2015 | Dec-2014 | Dec-2013 | Dec-2012 | Dec-2011 | Dec-2010 | Dec-2009 | Dec-2008 | Dec-2007 | Dec-2006 | Dec-2005 | Dec-2004 | Dec-2003 | Dec-2002 | Dec-2001 | Dec-2000 | Dec-1999 | Dec-1998 | Dec-1997 | Dec-1996 | Dec-1995 | Dec-1994 | Dec-1993 | Dec-1992 | Dec-1991 | Dec-1990 | Dec-1989 | Dec-1988 | Dec-1987 | Dec-1986 | Dec-1985 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| REVENUE | |||||||||||||||||||||||||||||||||||||||
| Revenue | 34 065.0 | 28 074.0 | 24 021.0 | 19 811.0 | 23 571.0 | 23 771.0 | 20 428.0 | 17 509.0 | 19 110.0 | 19 221.0 | 17 301.0 | 17 334.0 | 18 048.0 | 13 226.0 | 10 800.0 | 14 342.0 | 13 048.0 | 11 362.0 | 9 918.0 | 8 438.0 | 6 296.0 | 5 853.0 | 5 681.0 | 6 597.0 | 6 639.0 | 6 266.0 | 5 625.0 | 5 257.0 | 5 245.0 | 4 737.2 | 4 247.9 | 3 749.2 | 3 405.5 | 3 461.8 | 3 510.8 | 3 310.1 | 2 767.4 | 2 303.7 | 2 146.3 |
| GROSS PROFIT | |||||||||||||||||||||||||||||||||||||||
| Cost Of Revenue | 25 816.0 | 21 355.0 | 18 326.0 | 14 917.0 | 17 591.0 | 18 034.0 | 15 338.0 | 13 057.0 | 14 163.0 | 14 360.0 | 12 918.0 | 12 826.0 | 13 459.0 | 10 058.0 | 8 631.0 | 11 402.0 | 10 492.0 | 8 767.0 | 7 732.0 | 6 758.0 | 5 173.0 | 4 808.0 | 4 660.0 | 5 338.0 | 5 221.0 | 4 925.0 | 4 345.0 | 4 072.0 | 3 974.0 | 3 550.7 | 3 085.9 | 2 784.2 | 2 649.5 | 2 713.7 | 2 586.9 | 2 422.0 | 1 952.0 | 1 607.1 | 1 458.5 |
| Gross Profit | 8 249.0 | 6 719.0 | 5 695.0 | 4 894.0 | 5 980.0 | 5 737.0 | 5 090.0 | 4 452.0 | 4 947.0 | 4 861.0 | 4 383.0 | 4 508.0 | 4 589.0 | 3 168.0 | 2 169.0 | 2 940.0 | 2 556.0 | 2 595.0 | 2 186.0 | 1 680.0 | 1 123.0 | 1 045.0 | 1 021.0 | 1 259.0 | 1 418.0 | 1 341.0 | 1 280.0 | 1 185.0 | 1 271.0 | 1 186.5 | 1 162.0 | 965.0 | 756.0 | 748.1 | 923.9 | 888.1 | 815.4 | 696.6 | 687.8 |
| OPERATING INCOME | |||||||||||||||||||||||||||||||||||||||
| Operating Expenses | 6 488.0 | 4 139.0 | 3 495.0 | 3 077.0 | 3 491.0 | 3 345.0 | 3 077.0 | 2 687.0 | 2 904.0 | 2 866.0 | 2 643.0 | 2 644.0 | 1 908.0 | 2 236.0 | 1 814.0 | 1 631.0 | 1 398.0 | 1 464.0 | 1 423.0 | 1 256.0 | 1 030.0 | 937.0 | 948.0 | 1 020.0 | 1 026.0 | 1 042.0 | 1 004.0 | 977.0 | 955.0 | 879.0 | 913.9 | 834.5 | 746.5 | 775.1 | 868.7 | 827.7 | 736.4 | 691.9 | 577.1 |
| Selling, General and Administrative Expenses | 3 208.0 | 2 687.0 | 2 374.0 | 2 125.0 | 2 454.0 | 2 437.0 | 2 390.0 | 2 046.0 | 2 092.0 | 2 095.0 | 1 920.0 | 1 900.0 | 1 837.0 | 1 487.0 | 1 239.0 | 1 450.0 | 1 296.0 | 1 283.0 | 1 145.0 | 1 015.0 | 830.0 | 736.0 | 728.0 | 776.0 | 781.0 | 787.0 | 744.0 | 725.0 | 692.0 | 641.3 | 788.8 | 712.0 | 619.3 | 631.7 | 733.7 | 695.9 | 617.0 | 585.3 | 497.9 |
| Research and Development Expenses | 1 500.0 | 1 278.0 | 1 090.0 | 906.0 | 1 001.0 | 902.0 | 752.0 | 636.0 | 735.0 | 754.0 | 713.0 | 728.0 | 629.0 | 414.0 | 362.0 | 422.0 | 329.0 | 321.0 | 278.0 | 241.0 | 200.0 | 201.0 | 220.0 | 244.0 | 245.0 | 255.0 | 260.0 | 252.0 | 263.0 | 237.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 1 761.0 | 2 234.0 | 2 706.0 | 1 765.0 | 2 700.0 | 2 786.0 | 2 365.0 | 1 928.0 | 2 057.0 | 2 365.0 | 2 101.0 | 2 254.0 | 2 681.0 | 1 602.0 | 682.0 | 1 272.0 | 1 158.0 | 1 131.0 | 763.0 | 424.0 | 93.0 | 116.0 | (52.0) | 79.0 | 332.0 | 82.0 | 276.0 | 208.0 | 198.0 | 307.5 | 248.1 | 130.5 | 9.5 | (27.0) | 55.2 | 60.4 | 79.0 | 4.7 | 110.7 |
| PRE-TAX INCOME | |||||||||||||||||||||||||||||||||||||||
| Interest Income Expense | 375.0 | 199.0 | 111.0 | 100.0 | 109.0 | 114.0 | 81.0 | 69.0 | 65.0 | 64.0 | 41.0 | 32.0 | 44.0 | 40.0 | 35.0 | 42.0 | 58.0 | 96.0 | 109.0 | 113.0 | 90.0 | 61.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Other Income | (135.0) | (110.0) | 45.0 | 69.0 | 134.0 | (33.0) | 31.0 | 50.0 | (32.0) | 69.0 | 18.0 | 17.0 | (10.0) | 15.0 | (42.0) | (94.0) | 1 147.0 | (48.0) | 35.0 | 8.0 | (27.0) | (75.0) | (95.0) | (100.0) | (111.0) | (88.0) | 10.0 | 6.0 | (21.0) | (14.1) | (43.2) | (54.5) | (58.2) | (113.1) | (39.1) | (110.3) | (49.5) | (164.5) | (49.7) |
| Pre-Tax Income | 1 626.0 | 2 819.0 | 2 751.0 | 2 338.0 | 2 834.0 | 2 753.0 | 2 365.0 | 1 930.0 | 2 025.0 | 2 434.0 | 2 119.0 | 2 271.0 | 2 671.0 | 1 617.0 | 640.0 | 1 178.0 | 1 169.0 | 1 083.0 | 798.0 | 432.0 | 66.0 | 41.0 | (118.0) | 3.0 | 221.0 | (6.0) | 286.0 | 214.0 | 177.0 | 293.4 | 204.9 | 76.0 | (48.7) | (140.1) | 16.1 | (49.9) | 29.5 | (159.8) | 61.0 |
| NET INCOME | |||||||||||||||||||||||||||||||||||||||
| Tax Provision | 786.0 | 636.0 | 587.0 | 527.0 | 566.0 | 566.0 | 1 371.0 | 474.0 | 555.0 | 698.0 | 531.0 | 533.0 | 725.0 | 477.0 | 156.0 | 360.0 | 381.0 | 324.0 | 216.0 | 56.0 | 12.0 | (38.0) | (42.0) | (19.0) | 55.0 | 4.0 | 74.0 | 54.0 | (47.0) | 40.5 | 22.3 | 8.9 | 16.9 | 25.0 | 22.2 | 13.5 | 15.6 | (52.5) | 10.6 |
| Net Income | 735.0 | 2 151.0 | 2 131.0 | 1 789.0 | 2 260.0 | 2 141.0 | 999.0 | 1 394.0 | 1 399.0 | 1 651.0 | 1 483.0 | 1 645.0 | 1 848.0 | 1 040.0 | 428.0 | 755.0 | 739.0 | 715.0 | 550.0 | 350.0 | 50.0 | 82.0 | (102.0) | 8.0 | 160.0 | (21.0) | 212.0 | 160.0 | 224.0 | 252.9 | 177.1 | (189.5) | (65.6) | (165.1) | (6.1) | (63.4) | 13.9 | (107.3) | 50.4 |
| EPS | 5.19 | 15.2 | 14.7 | 12.1 | 14.5 | 13.2 | 6 | 8.25 | 7.86 | 9.04 | 7.93 | 8.69 | 9.58 | 5.29 | 2.17 | 3.87 | 3.72 | 3.75 | 3.11 | 2.07 | 0.32 | 0.53 | 0.67 | 0.05 | 1.04 | 0.14 | 1.39 | 1.01 | 1.38 | 1.53 | 1.25 | 1.44 | 0.55 | 1.67 | 0.0729 | 0.75 | 0.17 | 1.31 | 0.66 |