CUMMINS INC【CMI】Income statement

Market cap

$76.1B

P/E ratio

	2010/12	2011/12	2012/12	2013/12	2014/12	2015/12	2016/12	2017/12	2018/12	2019/12	2020/12	2021/12	2022/12	2023/12	2024/12
Revenue	13,226	18,048	17,334	17,301	19,221	19,110	17,509	20,428	23,771	23,571	19,811	24,021	28,074	34,065	34,102
Revenue growth (%)	-
Cost of revenue	10,058	13,459	12,826	12,918	14,360	14,163	13,057	15,338	18,034	17,591	14,917	18,326	21,355	25,816	25,663
Gross profit	3,168	4,589	4,508	4,383	4,861	4,947	4,452	5,090	5,737	5,980	4,894	5,695	6,719	8,249	8,439
Gross margin (%)
Research & development	414	629	728	713	754	735	636	752	902	1,001	906	1,090	1,278	1,500	1,463
Selling, general & administrative	1,487	1,837	1,900	1,920	2,095	2,092	2,046	2,390	2,437	2,454	2,125	2,374	2,687	3,333	3,275
Operating margin (%)
Operating income	1,602	2,681	2,254	2,101	2,365	2,057	1,928	2,365	2,786	2,700	2,269	2,706	2,929	1,761	3,750
Income before tax	-	2,671	2,271	2,119	2,434	2,025	1,930	2,365	2,753	2,834	2,338	2,751	2,819	1,626	4,903
Pretax margin (%)	-	14.8	13.1	12.2	12.7	10.6	11	11.6	11.6	12	11.8	11.5	10	4.8	14.4
Provision for income taxes	477	725	533	531	698	555	474	1,371	566	566	527	587	636	786	835
Effective tax rate (%)	-
Net income	1,140	1,946	1,738	1,588	1,736	1,470	1,456	994	2,187	2,268	1,811	2,164	2,183	840	4,068
Net income margin (%)
Earnings per share	5.29	9.58	8.69	7.93	9.04	7.86	8.25	5.99	13.2	14.54	12.07	14.74	15.2	5.19	28.55
Diluted EPS	5.28	9.55	8.67	7.91	9.02	7.84	8.23	5.97	13.15	14.48	12.01	14.61	15.12	5.15	28.37
Dividend payout ratio (%)	-	-	-	-	-	-	-	-	-
Dividend per share	-	-	-	-	-	-	-	-	-	4.9	5.28	5.6	6.04	6.5	7
EBITDA	-
EBITDA margin (%)	-