Cummins Inc., a global power leader, is a corporation of complementary business segments that design, manufacture, distribute and service a broad portfolio of power solutions. The company's products range from diesel, natural gas, electric and hybrid powertrains and powertrain-related components including filtration, aftertreatment, turbochargers, fuel systems, controls systems, air handling systems, automated transmissions, electric power generation systems, batteries, electrified power systems, hydrogen generation and fuel cell products. Headquartered in Columbus, Indiana (U.S.), since its founding in 1919, Cummins employs approximately 57,825 people committed to powering a more prosperous world through three global corporate responsibility priorities critical to healthy communities: education, environment and equality of opportunity. Cummins serves its customers online, through a network of company-owned and independent distributor locations, and through thousands of dealer locations worldwide and earned about $1.8 billion on sales of $19.8 billion in 2020.

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)
ARS
2022 FY
Annual report to shareholders
27 Mar 23
DEFA14A
Additional proxy soliciting materials
27 Mar 23
DEF 14A
Definitive proxy
27 Mar 23
8-K
Entry into a Material Definitive Agreement
15 Feb 23
10-K
2022 FY
Annual report
14 Feb 23
8-K
Cummins Reports Strong Fourth Quarter and Full Year 2022 Results
6 Feb 23
8-K
Departure of Directors or Certain Officers
15 Nov 22
10-Q
2022 Q3
Quarterly report
3 Nov 22
8-K
Cummins Reports Third Quarter 2022 Results
3 Nov 22
8-K
Entry into a Material Definitive Agreement
5 Oct 22
Transcripts
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
CMI
Earnings call transcript
2020 Q4
4 Feb 21
CMI
Earnings call transcript
2020 Q3
27 Oct 20
Latest ownership filings
Financial summary
Quarter (USD) | Dec 22 | Sep 22 | Jun 22 | Mar 22 | |
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Revenue | |||||
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Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
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) | 2.10 bn | 2.10 bn | 2.10 bn | 2.10 bn | 2.10 bn | 2.10 bn |
Cash burn (monthly) | 132.67 mm | 40.92 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 388.38 mm | 119.78 mm | n/a | n/a | n/a | n/a |
Cash remaining | 1.71 bn | 1.98 bn | n/a | n/a | n/a | n/a |
Runway (months of cash) | 12.9 | 48.4 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
83.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 1244 |
Opened positions | 170 |
Closed positions | 96 |
Increased positions | 460 |
Reduced positions | 419 |
13F shares | Current |
---|---|
Total value | 28.44 tn |
Total shares | 117.67 mm |
Total puts | 1.30 mm |
Total calls | 1.58 mm |
Total put/call ratio | 0.8 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 13.21 mm | $3.20 tn |
BLK Blackrock | 11.57 mm | $2.80 tn |
STT State Street | 6.29 mm | $1.52 tn |
T. Rowe Price | 5.51 mm | $1.33 tn |
Charles Schwab Investment Management | 3.03 mm | $733.36 bn |
Geode Capital Management | 2.94 mm | $709.85 bn |
Capital Research Global Investors | 2.76 mm | $669.61 bn |
AMP Ameriprise Financial | 2.28 mm | $551.81 bn |
First Eagle Investment Management | 2.06 mm | $498.11 bn |
NTRS Northern Trust | 2.01 mm | $487.45 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Mar 23 | Jonathan David Wood | Common Stock | Payment of exercise | Dispose F | No | No | 249.21 | 242 | 60.31 k | 1,303 |
1 Mar 23 | Jonathan David Wood | Common Stock | Grant | Acquire A | No | No | 0 | 513 | 0.00 | 1,545 |
1 Mar 23 | Jeffrey T Wiltrout | Common Stock | Payment of exercise | Dispose F | No | No | 249.21 | 35 | 8.72 k | 111 |
1 Mar 23 | Jeffrey T Wiltrout | Common Stock | Grant | Acquire A | No | No | 0 | 99 | 0.00 | 146 |
1 Mar 23 | Nathan R Stoner | Common Stock | Payment of exercise | Dispose F | No | No | 249.21 | 139 | 34.64 k | 453.389 |
1 Mar 23 | Nathan R Stoner | Common Stock | Grant | Acquire A | No | No | 0 | 306 | 0.00 | 592.389 |
1 Mar 23 | Tony Satterthwaite | Common Stock | Payment of exercise | Dispose F | No | No | 249.21 | 1,963 | 489.20 k | 69,333 |
1 Mar 23 | Tony Satterthwaite | Common Stock | Payment of exercise | Dispose F | No | No | 249.21 | 1,496 | 372.82 k | 71,296 |
1 Mar 23 | Tony Satterthwaite | Common Stock | Grant | Acquire A | No | No | 0 | 4,409 | 0.00 | 72,792 |
1 Mar 23 | Tony Satterthwaite | Common Stock | Grant | Acquire A | No | No | 0 | 4,698 | 0.00 | 68,383 |
News
Peering Into Cummins's Recent Short Interest
13 Mar 23
Gevo Finalizes Renewable Hydrogen Development Services Agreement With Zero6 Energy, Selects Cummins As Technology Partner
27 Feb 23
Cummins: Dividend Insights
20 Feb 23
UBS Maintains Neutral on Cummins, Raises Price Target to $260
16 Feb 23
Microsoft, S&P Global And 3 Other Stocks Insiders Are Selling
16 Feb 23
Press releases
Cummins Opens Atlanta Satellite Office and Tech Hub
21 Mar 23
Varennes Carbon Recycling selects Accelera by Cummins to manufacture, supply 90MW electrolyzer system in Quebec
20 Mar 23
Cummins announces Mary Chandler retiring after serving Cummins and its global communities since 2011
15 Mar 23
Cummins launches Accelera by Cummins to advance the transition to a zero-emissions future
8 Mar 23
Cummins to Make Major Announcement to Move Further and Faster to a Zero-Emissions Future
7 Mar 23