Free Alerts   Login
Industrials › Engines And Turbines

CMI Stock Price Correlated With Cummins Financials

CMI Stock Price vs. Quarterly
CMI
Income Statement
Cash Flow
Balance Sheet

CMI Income Statement

Enable JavaScript and reload
Revenue, Net:
Revenue Per Share:
Cost of Goods & Services Sold:
Gross Profit:
Selling, General & Admin Expense:
Research & Development Expense:
Total Operating Expenses:
Operating Income:
Income Taxes:
Net Income:
Earnings Per Share, Diluted:
Earnings Per Share, Basic:
Shares Outstanding, Basic Avg:
Shares Outstanding, Diluted Avg:
Common Stock Shares Outstanding:

CMI Cash Flow

Enable JavaScript and reload
Operating Activities Net Income:
Depreciation, Depletion & Amortization:
Change in Accounts Receiveable:
Net Cash from Operations:
Net Cash from Operations Per Share:
Repurchases/Buybacks Common Stock:
Issuance of Long-term Debt:
Cash Dividends Paid:
Net Cash from Financing Activities:
Property, Plant & Equipment Purchases:
Purchases of Businesses, Net of Cash:
Net Cash from Investing Activities:
Net Change in Cash & Equivalents:

CMI Balance Sheet

Enable JavaScript and reload
Cash and Cash Equivalents:
Short-Term Investments:
Accounts Receivable, Net:
Inventories:
Total Current Assets:
Property, Plant & Equipment, Net:
Total Assets:
Accounts Payable:
Current Portion of Long-Term Debt:
Total Short-Term Liabilities:
Long Term Debt, Non-Current Portion:
Total Long-Term Liabilities:
Total Liabilities:

Insider Trading

 
Change
Value
Transaction
SEC Form 4
Fisher Daniel William   Director
562 sh at $267
$149,810
Buy

Major Holders (from 13F filings)

Investment Type
Change
Value (x$1000)
increase or decrease
Vanguard Group
17,755,513 sh
-5,804 sh
0%
$4,253,689
$195,939
Blackrock.
11,524,674 sh
-320,374 sh
-3%
$2,760,967
$54,848
Price T Rowe Associates /Md/
7,343,678 sh
246,025 sh
3%
$1,759
$137
State Street
6,330,906 sh
-96,003 sh
-1%
$1,516,695
$48,403
Geode Capital Management
3,169,338 sh
98,256 sh
3%
$757,276
$57,176
Fisher Asset Management
2,590,894 sh
106,017 sh
4%
$620,701
$53,006
Morgan Stanley
2,078,673 sh
179,877 sh
9%
$497,987
$64,188
First Eagle Investment Management
1,995,739 sh
-4,184 sh
0%
$478,119
$21,217
Public Investment Fund
1,800,301 sh
 
$431,298
Northernrp
1,733,643 sh
-82,086 sh
-5%
$415,329
$508
Ameriprise Financial
1,703,366 sh
-408,835 sh
-19%
$408,097
-$74,455
Dimensional Fund Advisors
1,673,737 sh
96,387 sh
6%
$400,990
$40,586
Legal & General Group Plc
1,621,980 sh
93,253 sh
6%
$388,577
$39,324
Stifel Financial
1,565,367 sh
-34,164 sh
-2%
$375,017
$9,587
Ontario Teachers Pension Plan Board
1,430,966 sh
43,090 sh
3%
$342,817
$25,743
Lsv Asset Management
1,420,561 sh
-93,860 sh
-6%
$340
-$6
Hotchkis & Wiley Capital Management
1,398,061 sh
64,365 sh
5%
$334,933
$30,237
UBS Asset Management Americas
1,261,443 sh
48,668 sh
4%
$302,203
$25,130
Norges Bank
1,247,515 sh
1,247,515 sh
NEW
$298,867
$298,867
Goldman Sachs Group
1,217,588 sh
249,480 sh
26%
$291,698
$70,523
COMPANY PROFILE
NOTE 1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Nature of Operations

We were founded in 1919 as Cummins Engine Company, a corporation in Columbus, Indiana and one of the first diesel engine manufacturers. In 2001, we changed our name to Cummins Inc. We are a global power leader that designs, manufactures, distributes and services 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 production and fuel cell products. We sell our products to original equipment manufacturers (OEMs), distributors, dealers and other customers worldwide. We serve our customers through a service network of approximately 500 wholly-owned, joint venture and independent distributor locations and more than 10,000 Cummins certified dealer locations in approximately 190 countries and territories.

COVID-19

The outbreak of COVID-19 in early 2020 became a global pandemic with the resultant economic impacts evolving into a worldwide recession. The pandemic triggered a significant downturn in our markets globally, which negatively impacted our sales and results of operations during 2020. While the majority of the negative impacts to demand largely subsided in 2021, we are still experiencing supply chain disruptions and related financial impacts reflected as increased cost of sales. Our industry continues to be unfavorably impacted by supply chain constraints leading to shortages across multiple components categories and limiting our collective ability to meet end-user demand. Our customers are also experiencing other supply chain issues and slowing production.

Principles of Consolidation

Our Consolidated Financial Statements are prepared in accordance with generally accepted accounting principles in the United States of America (GAAP). All intercompany balances and transactions are eliminated in consolidation.

We include the accounts of all wholly-owned and majority-owned domestic and foreign subsidiaries where our ownership is more than 50 percent of outstanding equity interests except for majority-owned subsidiaries that are considered variable interest entities (VIEs) where we are not deemed to have a controlling financial interest. In addition, we also consolidate, regardless of our ownership percentage, VIEs or joint ventures for which we are deemed to have a controlling financial interest. We have variable interests in several businesses accounted for under the equity method of accounting, however most of these VIEs are unconsolidated.

For consolidated entities where our ownership interest is less than 100 percent, the noncontrolling ownership interests are reported in our Consolidated Balance Sheets . The noncontrolling ownership interest in our income, net of tax, is classified as "Net income attributable to noncontrolling interests" in our Consolidated Statements of Net Income .

Reclassifications

Certain amounts for 2020 and 2019 were reclassified to conform to the current year presentation.

Investments in Equity Investees

We use the equity method to account for our investments in joint ventures, affiliated companies and alliances in which we have the ability to exercise significant influence, generally represented by equity ownership or partnership equity of at least 20 percent but not more than 50 percent. Generally, under the equity method, original investments in these entities are recorded at cost and subsequently adjusted by our share of equity in income or losses after the date of acquisition. Investment amounts in excess of our share of an investee's net assets are amortized over the life of the related asset creating the excess, except goodwill which is not amortized. Equity in income or losses of each investee is recorded according to our level of ownership; if losses accumulate, we

Free historical financial statements for Cummins Inc. See how revenue, income, cash flow, and balance sheet financials have changed over 56 quarters since 2010. Compare with CMI stock chart to see long term trends.

Data imported from Cummins Inc SEC filings. Check original filings before making any investment decision.