Cummins Inc
General ticker "CMI" information:
- Sector: Industrials
- Industry: Machinery
- Capitalization: $50.8B
Cummins Inc follows the US Stock Market performance with the rate: 65.5%.
Estimated limits based on current volatility of 1.1%: low 346.43$, high 354.02$
Factors to consider:
- Company included in S&P500 list
- Company pays dividends: last record date 2024-11-22, amount 1.82$ (Y2.07%)
- US accounted for 56.7% of revenue in the fiscal year ended 2023-12-31
- Earnings for 9 months up through Q3 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [225.32$, 329.90$]
- 2024-12-30 to 2025-12-30 estimated range: [251.65$, 362.76$]
Financial Metrics affecting the CMI estimates:
- Positive: Non-GAAP EPS, $ of 19.33 > 2.29
- Positive: 1.03 < Operating profit margin, % of 5.43
- Positive: -0.25 < Return on assets ratio (scaled to [-100,100]) of 2.56
- Negative: Interest expense per share, $ of 2.65 > 0.74
- Positive: 7.18 < Operating cash flow per share per price, % of 11.94
- Positive: Industry inventory ratio change (median), % of -0.21 <= 0
Short-term CMI quotes
Long-term CMI plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $24,496.00MM | $28,249.00MM | $32,410.00MM |
| Operating Expenses | $21,790.00MM | $25,320.00MM | $30,649.00MM |
| Operating Income | $2,706.00MM | $2,929.00MM | $1,761.00MM |
| Non-Operating Income | $45.00MM | $-110.00MM | $-135.00MM |
| Interest Expense | $111.00MM | $199.00MM | $375.00MM |
| R&D Expense | $1,090.00MM | $1,278.00MM | $1,500.00MM |
| Income(Loss) | $2,751.00MM | $2,819.00MM | $1,626.00MM |
| Taxes | $587.00MM | $636.00MM | $786.00MM |
| Profit(Loss) | $2,164.00MM | $2,183.00MM | $840.00MM |
| Stockholders Equity | $8,146.00MM | $8,975.00MM | $8,850.00MM |
| Inventory | $4,355.00MM | $5,603.00MM | $5,677.00MM |
| Assets | $23,710.00MM | $30,299.00MM | $32,005.00MM |
| Operating Cash Flow | $2,256.00MM | $1,962.00MM | $3,966.00MM |
| Capital expenditure | $786.00MM | $916.00MM | $1,213.00MM |
| Investing Cash Flow | $-873.00MM | $-4,172.00MM | $-1,643.00MM |
| Financing Cash Flow | $-2,227.00MM | $1,669.00MM | $-2,177.00MM |
| Earnings Per Share* | $14.74 | $15.20 | $5.19 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.