Cummins Inc. (CMI)

USD 350.69

(-2.92%)

Annual Income Statements

(In USD)
Breakdown 2023 2022 2021 2020 2019 2018
Revenue 34.06 Billion 28.07 Billion 24.02 Billion 19.81 Billion 23.57 Billion 23.77 Billion
Cost of Revenue 25.81 Billion 21.35 Billion 18.32 Billion 14.91 Billion 17.59 Billion 18.03 Billion
Gross Profit 8.24 Billion 6.71 Billion 5.69 Billion 4.89 Billion 5.98 Billion 5.73 Billion
Operating Expenses 6.48 Billion 4.13 Billion 3.49 Billion 3.07 Billion 3.49 Billion 3.34 Billion
Selling, General and Administrative Expenses 3.2 Billion 2.68 Billion 2.37 Billion 2.12 Billion 2.45 Billion 2.43 Billion
Research and Development Expenses 1.5 Billion 1.27 Billion 1.09 Billion 906 Million 1 Billion 902 Million
Other Expenses 1.78 Billion 174 Million 31 Million 46 Million 36 Million 46 Million
Cost and Expenses 32.3 Billion 25.49 Billion 21.82 Billion 17.99 Billion 21.08 Billion 21.37 Billion
Operating Income 1.76 Billion 2.23 Billion 2.7 Billion 1.76 Billion 2.7 Billion 2.78 Billion
Interest Expense 375 Million 199 Million 111 Million 100 Million 109 Million 114 Million
Income Tax Expense 786 Million 636 Million 587 Million 527 Million 566 Million 566 Million
Earnings before Tax 1.62 Billion 2.81 Billion 2.75 Billion 2.33 Billion 2.83 Billion 2.75 Billion
Net Income 735 Million 2.15 Billion 2.13 Billion 1.78 Billion 2.26 Billion 2.14 Billion
Earnings Per Share Basic 5.19 15.20 14.74 12.07 14.54 13.20
Earnings Per Share Diluted 5.15 15.12 14.61 12.01 14.48 13.15
Weighted Average Shares Outstanding 141.7 Million 141.5 Million 144.6 Million 148.2 Million 155.4 Million 162.2 Million
Weighted Average Shares Outstanding (Diluted) 142.7 Million 142.3 Million 145.9 Million 149 Million 156.1 Million 162.8 Million
Gross Margin 0.24 0.24 0.24 0.25 0.25 0.24
EBIT Margin 0.09 0.11 0.12 0.12 0.13 0.12
Profit Margin 0.02 0.08 0.09 0.09 0.10 0.09
EBITDA 3.02 Billion 3.8 Billion 2.86 Billion 3.12 Billion 3.62 Billion 3.48 Billion
Earnings Before Tax Margin 0.05 0.08 0.11 0.09 0.11 0.12

Income Statement Charts