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Industrials - Industrial - Machinery - NYSE - US
$ 275.67
-0.702 %
$ 38 B
Market Cap
9.72
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one CMI stock under the worst case scenario is HIDDEN Compared to the current market price of 276 USD, Cummins Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one CMI stock under the base case scenario is HIDDEN Compared to the current market price of 276 USD, Cummins Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one CMI stock under the best case scenario is HIDDEN Compared to the current market price of 276 USD, Cummins Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart CMI

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$400.0$400.0$380.0$380.0$360.0$360.0$340.0$340.0$320.0$320.0$300.0$300.0$280.0$280.0$260.0$260.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
34.1 B REVENUE
0.11%
3.75 B OPERATING INCOME
112.95%
4.07 B NET INCOME
384.29%
1.49 B OPERATING CASH FLOW
-62.51%
-1.78 B INVESTING CASH FLOW
-8.46%
-173 M FINANCING CASH FLOW
92.05%
8.45 B REVENUE
-0.11%
732 M OPERATING INCOME
-30.29%
418 M NET INCOME
-48.33%
1.42 B OPERATING CASH FLOW
122.19%
-713 M INVESTING CASH FLOW
-171.10%
-737 M FINANCING CASH FLOW
-203.29%
Balance Sheet Cummins Inc.
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Current Assets 14.8 B
Cash & Short-Term Investments 2.26 B
Receivables 5.18 B
Other Current Assets 7.31 B
Non-Current Assets 16.8 B
Long-Term Investments 1.89 B
PP&E 6.36 B
Other Non-Current Assets 8.54 B
7.18 %16.43 %23.17 %5.99 %20.15 %27.09 %Total Assets$31.5b
Current Liabilities 11.2 B
Accounts Payable 3.95 B
Short-Term Debt 2.4 B
Other Current Liabilities 4.88 B
Non-Current Liabilities 9 B
Long-Term Debt 5.2 B
Other Non-Current Liabilities 3.8 B
19.53 %11.89 %24.11 %25.69 %18.79 %Total Liabilities$20.2b
EFFICIENCY
Earnings Waterfall Cummins Inc.
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Revenue 34.1 B
Cost Of Revenue 25.7 B
Gross Profit 8.44 B
Operating Expenses 4.74 B
Operating Income 3.75 B
Other Expenses -318 M
Net Income 4.07 B
35b35b30b30b25b25b20b20b15b15b10b10b5b5b0034b(26b)8b(5b)4b318m4bRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
24.75% GROSS MARGIN
24.75%
11.00% OPERATING MARGIN
11.00%
11.57% NET MARGIN
11.57%
38.42% ROE
38.42%
12.51% ROA
12.51%
13.70% ROIC
13.70%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Cummins Inc.
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3b3b3b3b2b2b2b2b1b1b500m500m0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 4.07 B
Depreciation & Amortization 1.06 B
Capital Expenditures -1.21 B
Stock-Based Compensation 0
Change in Working Capital -2.16 B
Others -2.85 B
Free Cash Flow 279 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Cummins Inc.
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Wall Street analysts predict an average 1-year price target for CMI of $363 , with forecasts ranging from a low of $310 to a high of $408 .
CMI Lowest Price Target Wall Street Target
310 USD 12.45%
CMI Average Price Target Wall Street Target
363 USD 31.80%
CMI Highest Price Target Wall Street Target
408 USD 48.00%
Price
Max Price Target
Min Price Target
Average Price Target
420420400400380380360360340340320320300300280280260260May '24May '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
0.52% DIVIDEND YIELD
1.82 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
8.0008.0007.0007.0006.0006.0005.0005.0004.0004.0003.0003.0002.0002.0001.0001.0000.0000.0000.780.9751.0251.081.141.3111.351.451.571.681.820.780.9751.0251.081.141.3111.351.451.571.680.9751.0251.081.141.3111.3111.451.571.681.820.9753.511.0254.001.084.211.144.441.3114.901.355.281.455.601.576.041.686.501.827.001.822015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
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5. COMPETITION
slide 2 of 9
6. Ownership
Insider Ownership Cummins Inc.
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Sold
0-3 MONTHS
4.28 M USD 2
3-6 MONTHS
5.91 M USD 3
6-9 MONTHS
14.5 M USD 2
9-12 MONTHS
1.82 M USD 1
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
580 K USD 2
9-12 MONTHS
7. News
Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against Cummins Inc. (CMI) And Encourages Stockholders to Reach Out NEW YORK CITY, NY / ACCESS Newswire / April 6, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Cummins Inc. ("Cummins" or "the Company") (NYSE: CMI). Investors who purchased Cummins securities prior to April 30, 2019, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/CMI. accessnewswire.com - 1 week ago
Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against Cummins Inc. (CMI) And Encourages Shareholders to Reach Out NEW YORK, NY / ACCESS Newswire / April 3, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Cummins Inc. ("Cummins" or "the Company") (NYSE:CMI). Investors who purchased Cummins securities prior to April 30, 2019, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/CMI. accessnewswire.com - 2 weeks ago
Cummins Announces Appointment of Nicole Y. Lamb-Hale as Chief Administrative Officer and Corporate Secretary COLUMBUS, Ind.--(BUSINESS WIRE)-- #cummins--Cummins Inc. (NYSE: CMI) announced today that Nicole Y. Lamb-Hale has been appointed Chief Administrative Officer and Corporate Secretary, effective June 1. She will succeed Sharon Barner when she retires on May 31. "Nicole has spent her career mastering the complex fields of corporate and international law, regulatory compliance and trade policy," said Jennifer Rumsey, Chair and CEO, Cummins Inc. "She is a visionary and strategic thinker, and as our Vice Presid. businesswire.com - 2 weeks ago
Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against Cummins Inc. (CMI) and Encourages Shareholders to Learn More About the Investigation NEW YORK, NY / ACCESS Newswire / April 1, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Cummins Inc. ("Cummins" or "the Company") (NYSE:CMI). Investors who purchased Cummins securities prior to April 30, 2019, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/CMI. accessnewswire.com - 2 weeks ago
Are You Looking for a High-Growth Dividend Stock? Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Cummins (CMI) have what it takes? zacks.com - 2 weeks ago
Here's Why Cummins (CMI) is a Strong Growth Stock Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service. zacks.com - 2 weeks ago
Cummins Inc. (CMI) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Contact the Firm to Learn More About the Investigation NEW YORK, NY / ACCESS Newswire / March 30, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Cummins Inc. ("Cummins" or "the Company") (NYSE:CMI). Investors who purchased Cummins securities prior to April 30, 2019, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/CMI. accessnewswire.com - 2 weeks ago
Accelera to Unveil Zero-Emissions Integrated Battery Electric Powertrain for Isuzu F-Series Medium-Duty Truck COLUMBUS, Ind.--(BUSINESS WIRE)-- #cummins--Accelera™ by Cummins, the zero-emissions business segment of Cummins Inc. [NYSE: CMI], and Isuzu Motors Limited will introduce a new battery electric powertrain for the F-series medium-duty truck at this year's ACT Expo in Anaheim, California. Scheduled for production in 2027, the fully integrated powertrain will feature Accelera's next-generation battery, eAxle, accessories and controls, and offer customers an innovative and versatile solution to fleet decarbon. businesswire.com - 3 weeks ago
Bronstein, Gewirtz & Grossman, LLC Encourages Cummins Inc. (CMI) Stockholders to Inquire about Securities Investigation NEW YORK, NY / ACCESS Newswire / March 23, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Cummins Inc. ("Cummins" or "the Company") (NYSE:CMI). Investors who purchased Cummins securities prior to April 30, 2019, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/CMI. accessnewswire.com - 3 weeks ago
Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against Cummins Inc. (CMI) and Encourages Investors to Learn More About the Investigation NEW YORK, NY / ACCESS Newswire / March 20, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Cummins Inc. ("Cummins" or "the Company") (NYSE:CMI). Investors who purchased Cummins securities prior to April 30, 2019, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/CMI. accessnewswire.com - 1 month ago
Accelera hosts Spanish Prime Minister and industry leaders for tour and meeting at Guadalajara electrolyzer facility GUADALAJARA, Spain--(BUSINESS WIRE)-- #cummins--Accelera™ by Cummins, the zero-emissions business segment of Cummins Inc. [NYSE: CMI], hosted Spanish Prime Minister Pedro Sánchez and other government officials at its state-of-the-art electrolyzer manufacturing facility in Guadalajara, Castilla-la Mancha, Spain. The visit highlighted Accelera's important role in enabling the European Union (EU) and Spain's energy transition toward a sustainable future. Following Prime Minister Sánchez's visit, Accelera hel. businesswire.com - 1 month ago
Cummins Inc. (CMI) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Shareholders to Contact the Firm to Learn More About the Investigation NEW YORK, NY / ACCESS Newswire / March 18, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Cummins Inc. ("Cummins" or "the Company") (NYSE:CMI). Investors who purchased Cummins securities prior to April 30, 2019, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/CMI. accessnewswire.com - 1 month ago
8. Profile Summary

Cummins Inc. CMI

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COUNTRY US
INDUSTRY Industrial - Machinery
MARKET CAP $ 38 B
Dividend Yield 0.52%
Description Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, electric and hybrid powertrains, and related components worldwide. It operates through five segments: Engine, Distribution, Components, Power Systems, and New Power. The company offers diesel and natural gas-powered engines under the Cummins and other customer brands for the heavy and medium-duty truck, bus, recreational vehicle, light-duty automotive, construction, mining, marine, rail, oil and gas, defense, and agricultural markets; and offers new parts and services, as well as remanufactured parts and engines. It also provides power generation systems, high-horsepower engines, heavy and medium duty engines, application engineering services, custom-designed assemblies, retail and wholesale aftermarket parts, and in-shop and field-based repair services. In addition, the company offers emission solutions; turbochargers; air and fuel filters, fuel water separators, lube and hydraulic filters, coolants, fuel additives, and other filtration systems; and electronic control modules, sensors, and supporting software, as well as new, replacement, and remanufactured fuel systems. Further, it provides automated transmissions; standby and prime power generators, controls, paralleling systems, and transfer switches, as well as A/C generator/alternator products under the Stamford and AVK brands; and electrified power systems with components and subsystems, including battery, fuel cell, and hydrogen production technologies. Additionally, it offers filtration, aftertreatment, controls systems, air handling systems, automated transmissions, electric power generation systems, and batteries. The company sells its products to original equipment manufacturers, distributors, dealers, and other customers. The company was formerly known as Cummins Engine Company and changed its name to Cummins Inc. in 2001. Cummins Inc. was founded in 1919 and is headquartered in Columbus, Indiana.
Contact 500 Jackson Street, Columbus, IN, 47202-3005 https://www.cummins.com
IPO Date Oct. 3, 1947
Employees 69600
Officers Mr. Jonathan Wood Vice President & Chief Technical Officer Ms. Bonnie Jean Fetch Executive Vice President & President of Operations Ms. Amy M. Adams Vice President of Fuel Cell & Hydrogen Technologies Mr. Donald G. Jackson Vice President of Treasury & Tax Mr. Benjamin G. Wright Vice President & President of Distribution Business Mr. Luther E. Peters Vice President & Corporate Controller Ms. Jennifer W. Rumsey Chief Executive Officer & Chairman of the Board Mr. Mark A. Smith Chief Financial Officer & Vice President