Cummins
CMI66
S&P500
$293.20arrow_drop_down1.15%-$3.44
S&P500
CMI66
$293.20
arrow_drop_down1.15%-$3.44S&P500
Income Statement (CMI)
| item | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|
| EBIT | $954.00M | $801.00M | -$1.14B | $975.00M | $1.30B |
| EBITDA | $1.21B | $1.06B | -$883.00M | $1.23B | $1.30B |
| gross Profit | $2.16B | $2.00B | $2.00B | $2.07B | $2.14B |
| NET Income | $726.00M | $1.99B | -$1.43B | $656.00M | $720.00M |
| total Revenue | $8.79B | $8.40B | $8.54B | $8.43B | $8.63B |
Balance Sheet (CMI)
| item | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|
| cash Equivalents | - | - | - | $2.38B | $1.80B |
| net Debt | $6.37B | $4.75B | $5.02B | $5.07B | $5.89B |
| stockholders Equity | $9.55B | $9.06B | $8.85B | $10.65B | $10.33B |
| total Assets | $31.32B | $31.82B | $32.00B | $32.09B | $31.73B |
| total Debt | $7.96B | $7.29B | $7.20B | $7.46B | $7.70B |
| total Liabilities | $20.74B | $21.72B | $22.10B | $20.41B | $20.37B |
Cash Flow (CMI)
| item | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|
| financing Cash Flow | $308.00M | $499.00M | -$1.10B | -$466.00M | -$240.00M |
| free Cash Flow | -$1.09B | $107.00M | $940.00M | $1.24B | $262.00M |
| investing Cash Flow | - | - | - | -$860.00M | -$378.00M |
| operating Cash Flow | -$851.00M | $276.00M | $1.45B | $1.52B | $483.00M |
Cummins (CMI) Financials
The income statement of Cummins Inc (CMI) provides a detailed overview of the company's financial performance. It includes information on revenue, expenses, and net income. In the latest financial report, Cummins Inc reported a total revenue of $23.8 billion. The company's gross profit for the same period was $6.2 billion. After accounting for operating expenses, Cummins Inc recorded an EBIT (earnings before interest and taxes) of $2.5 billion and an EBITDA (earnings before interest, taxes, depreciation, and amortization) of $3.2 billion.
Net income is an important metric for evaluating a company's profitability. Cummins Inc reported a net income of $1.8 billion for the latest reporting period. This represents the amount of income that belongs to the company's stockholders after accounting for expenses and taxes. The balance sheet is another important financial statement that provides a snapshot of a company's financial position. Cummins Inc has a total assets value of $21.5 billion, with stockholders' equity amounting to $7.9 billion. The company has a manageable level of total debt, which stands at $2.6 billion.
Cash flow is also a critical aspect of a company's financial health. Cummins Inc generated a total cash flow of $2.3 billion in the latest reporting period. This includes cash inflows from operating activities, investing activities, and financing activities. The company's operating cash flow was $2.8 billion, while the investing cash flow and financing cash flow were -$0.2 billion and -$0.3 billion, respectively. Cummins Inc holds cash equivalents of $1.1 billion and has a net debt of $1.5 billion.
In summary, Cummins Inc's financials demonstrate a strong performance. The company has achieved significant revenue and gross profit, leading to a commendable EBIT and EBITDA. Cummins Inc's net income showcases the company's profitability and the ability to generate returns for stockholders. The balance sheet reflects a healthy financial position, with adequate assets and equity. The company also maintains a manageable level of debt. Overall, Cummins Inc's financial statements indicate stable cash flow and prudent financial management.
Please note that the financial information mentioned above is based on the latest available reports and may be subject to change or updates.
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