cummins inc., a global power leader, is a corporation of complementary business units that design, manufacture, distribute and service diesel and natural gas engines and related technologies, including fuel systems, controls, air handling, filtration, emission solutions and electrical power generation systems. headquartered in columbus, indiana, (usa) cummins currently employs approximately 54,600 people worldwide and serves customers in approximately 190 countries and territories through a network of approximately 600 company-owned and independent distributor locations and approximately 7,200 dealer locations. cummins earned $1.65 billion on sales of $19.2 billion in 2014.
Company profile
Ticker
CMI
Exchange
Website
CEO
Norman Linebarger
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
CUMMINS ENGINE CO INC
SEC CIK
Corporate docs
Subsidiaries
Apollo FC Holdings Ltd • Arvin Environmental Management, LLC • Arvin European Holdings (UK) Limited • Arvin Finance, LLC • Arvin Holdings Netherlands B.V. • Arvin International (UK) Limited • ArvinMeritor A&ET Limited • Arvinmeritor Filters Operating Co., LLC • ArvinMeritor Finance Ireland Unlimited Company • ArvinMeritor Holdings ...
IRS number
350257090
CMI stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
29 Aug 23
10-Q
2023 Q2
Quarterly report
3 Aug 23
8-K
Cummins Reports Strong Second Quarter 2023 Results
3 Aug 23
8-K
Departure of Directors or Certain Officers
12 Jul 23
8-K
Entry into a Material Definitive Agreement
7 Jun 23
SD
Conflict minerals disclosure
25 May 23
8-K
Departure of Directors or Certain Officers
11 May 23
10-Q
2023 Q1
Quarterly report
2 May 23
8-K
Cummins Reports Record First Quarter 2023 Results
2 May 23
DEFA14A
Additional proxy soliciting materials
24 Apr 23
Transcripts
CMI
Earnings call transcript
2023 Q2
3 Aug 23
CMI
Earnings call transcript
2023 Q1
2 May 23
CMI
Earnings call transcript
2022 Q4
6 Feb 23
CMI
Earnings call transcript
2022 Q3
3 Nov 22
CMI
Earnings call transcript
2022 Q2
2 Aug 22
CMI
Earnings call transcript
2022 Q1
3 May 22
CMI
Earnings call transcript
2021 Q4
3 Feb 22
CMI
Earnings call transcript
2021 Q3
2 Nov 21
CMI
Earnings call transcript
2021 Q2
3 Aug 21
CMI
Earnings call transcript
2021 Q1
4 May 21
Latest ownership filings
144
Notice of proposed sale of securities
18 Sep 23
4
Tracy A Embree
15 Aug 23
SC 13G/A
VANGUARD GROUP INC
10 Jul 23
4
Atmus Filtration Technologies Inc.
31 May 23
11-K
Annual report of employee stock purchases
26 May 23
3
Atmus Filtration Technologies Inc.
25 May 23
4
Karen H Quintos
10 May 23
4
Kimberly A Nelson
10 May 23
4
GEORGIA R NELSON
10 May 23
4
WILLIAM I MILLER
10 May 23
Financial summary
| Quarter (USD) | Jun 23 | Mar 23 | Dec 22 | Sep 22 | |
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| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
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| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 1.80 bn | 1.80 bn | 1.80 bn | 1.80 bn | 1.80 bn | 1.80 bn |
| Cash burn (monthly) | 59.33 mm | 55.00 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 166.04 mm | 153.91 mm | n/a | n/a | n/a | n/a |
| Cash remaining | 1.64 bn | 1.65 bn | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 27.6 | 30.0 | n/a | n/a | n/a | n/a |
Institutional ownership, Q2 2023
80.8% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 1209 |
| Opened positions | 89 |
| Closed positions | 116 |
| Increased positions | 472 |
| Reduced positions | 428 |
| 13F shares | Current |
|---|---|
| Total value | 28.06 tn |
| Total shares | 114.50 mm |
| Total puts | 1.11 mm |
| Total calls | 2.07 mm |
| Total put/call ratio | 0.5 |
| Largest owners | Shares | Value |
|---|---|---|
| Vanguard | 15.71 mm | $3.85 tn |
| BLK Blackrock | 12.40 mm | $3.04 tn |
| STT State Street | 6.41 mm | $1.57 tn |
| T. Rowe Price | 5.61 mm | $1.38 tn |
| Geode Capital Management | 3.02 mm | $737.35 bn |
| Fisher Asset Management | 2.36 mm | $579.00 bn |
| Capital Research Global Investors | 2.31 mm | $565.79 bn |
| AMP Ameriprise Financial | 2.12 mm | $520.19 bn |
| First Eagle Investment Management | 2.05 mm | $502.04 bn |
| MS Morgan Stanley | 1.85 mm | $453.13 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 Aug 23 | Tracy A Embree | Common Stock | Payment of exercise | Dispose F | No | No | 264.99 | 293 | 77.64 k | 19,942 |
| 30 May 23 | Cummins | Common Stock | Sell | Dispose S | No | No | 0 | 16,243,070 | 0.00 | 67,054,726 |
| 9 May 23 | Gary L Belske | Common Stock | Grant | Acquire A | No | No | 0 | 757 | 0.00 | 1,590.173 |
| 9 May 23 | Harris Carla A | Common Stock | Grant | Acquire A | No | No | 0 | 757 | 0.00 | 2,214 |
News
Hyliion And Cummins Receive Certification From The California Air Resource Board For The Hypertruck ERX Electric Powertrain
18 Sep 23
$100 Invested In Cummins 15 Years Ago Would Be Worth This Much Today
13 Sep 23
Peering Into Cummins's Recent Short Interest
13 Sep 23
Cummins, Daimler Truck And PACCAR Form JV To Advance Battery Cell Production In US
6 Sep 23
If You Invested $1000 In This Stock 15 Years Ago, You Would Have $3,900 Today
4 Sep 23
Press releases
Hyliion and Cummins Receive Certification From the California Air Resource Board for the Hypertruck ERX Electric Powertrain
18 Sep 23
Accelera by Cummins, Daimler Truck and PACCAR form a joint venture to advance battery cell production in the United States
6 Sep 23
Cummins Distribution Business President Tracy Embree to Depart the Company
29 Aug 23
Accelera Powers North America's First Green Hydrogen Passenger Train
15 Aug 23
Cummins and Chevron Advance Strategic Collaboration
10 Aug 23