Cummins Operating Income from 2010 to 2026

CMI Stock  USD 596.91  3.91  0.66%   
Cummins' Operating Income is increasing with slightly volatile movements from year to year. Operating Income is estimated to finish at about 4.2 B this year. Operating Income is earnings before interest and taxes (EBIT), representing the amount of profit Cummins generates from its operations. View All Fundamentals
 
Operating Income  
First Reported
1985-09-30
Previous Quarter
995 M
Current Value
640 M
Quarterly Volatility
493.5 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check Cummins financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cummins' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.1 B, Interest Expense of 345.4 M or Selling General Administrative of 3.3 B, as well as many indicators such as Price To Sales Ratio of 2.2, Dividend Yield of 0.0288 or PTB Ratio of 5.99. Cummins financial statements analysis is a perfect complement when working with Cummins Valuation or Volatility modules.
  
Build AI portfolio with Cummins Stock
Check out the analysis of Cummins Correlation against competitors.
For more detail on how to invest in Cummins Stock please use our How to Invest in Cummins guide.
The Operating Income trend for Cummins offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Cummins is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Cummins' Operating Income Growth Pattern

Below is the plot of the Operating Income of Cummins over the last few years. Operating Income is the amount of profit realized from Cummins operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Cummins is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Cummins' Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cummins' overall financial position and show how it may be relating to other accounts over time.
Operating Income10 Years Trend
Slightly volatile
   Operating Income   
       Timeline  

Cummins Operating Income Regression Statistics

Arithmetic Mean2,521,967,647
Geometric Mean2,150,272,223
Coefficient Of Variation37.35
Mean Deviation654,824,567
Median2,365,000,000
Standard Deviation941,969,885
Sample Variance887307.3T
Range4.1B
R-Value0.72
Mean Square Error461243.7T
R-Squared0.51
Significance0
Slope133,562,255
Total Sum of Squares14196916.2T

Cummins Operating Income History

20264.2 B
2025B
20243.8 B
20231.8 B
20222.9 B
20212.7 B
20202.3 B

Other Fundumenentals of Cummins

Cummins Operating Income component correlations

0.920.880.980.990.990.990.610.970.260.930.910.940.92-0.90.830.89-0.10.930.910.710.840.670.880.4-0.75
0.920.650.930.920.850.950.330.830.520.740.790.740.83-0.730.70.80.240.850.770.460.730.550.730.48-0.68
0.880.650.840.840.930.820.820.9-0.110.970.890.970.85-0.870.810.81-0.490.850.870.90.780.550.910.21-0.73
0.980.930.840.970.960.970.540.940.330.870.90.90.91-0.920.810.9-0.030.920.90.650.850.680.840.48-0.71
0.990.920.840.970.970.980.580.970.320.910.870.910.87-0.890.820.86-0.060.890.890.690.80.620.830.35-0.73
0.990.850.930.960.970.970.680.980.140.960.920.970.92-0.930.850.89-0.220.930.930.780.860.680.90.34-0.76
0.990.950.820.970.980.970.540.950.340.880.880.890.91-0.870.80.890.00.930.890.650.820.690.850.44-0.73
0.610.330.820.540.580.680.540.73-0.220.790.480.740.46-0.710.690.43-0.510.460.680.980.390.320.64-0.18-0.32
0.970.830.90.940.970.980.950.730.20.940.850.950.85-0.940.850.83-0.190.860.920.810.780.640.840.28-0.67
0.260.52-0.110.330.320.140.34-0.220.2-0.010.03-0.020.14-0.17-0.010.20.680.170.11-0.15-0.050.23-0.020.430.19
0.930.740.970.870.910.960.880.790.94-0.010.890.990.87-0.860.820.81-0.410.870.890.880.780.570.910.2-0.76
0.910.790.890.90.870.920.880.480.850.030.890.920.98-0.80.730.91-0.290.980.840.620.910.660.920.49-0.87
0.940.740.970.90.910.970.890.740.95-0.020.990.920.9-0.90.830.86-0.410.90.910.840.850.640.910.28-0.77
0.920.830.850.910.870.920.910.460.850.140.870.980.9-0.790.710.92-0.181.00.840.60.880.750.920.56-0.82
-0.9-0.73-0.87-0.92-0.89-0.93-0.87-0.71-0.94-0.17-0.86-0.8-0.9-0.79-0.84-0.820.19-0.8-0.91-0.76-0.79-0.72-0.79-0.360.54
0.830.70.810.810.820.850.80.690.85-0.010.820.730.830.71-0.840.66-0.250.720.950.70.770.540.830.29-0.66
0.890.80.810.90.860.890.890.430.830.20.810.910.860.92-0.820.66-0.190.930.830.550.90.760.870.58-0.75
-0.10.24-0.49-0.03-0.06-0.220.0-0.51-0.190.68-0.41-0.29-0.41-0.180.19-0.25-0.19-0.16-0.27-0.5-0.28-0.09-0.40.120.32
0.930.850.850.920.890.930.930.460.860.170.870.980.91.0-0.80.720.93-0.160.850.60.880.750.920.56-0.81
0.910.770.870.90.890.930.890.680.920.110.890.840.910.84-0.910.950.83-0.270.850.730.850.730.920.48-0.67
0.710.460.90.650.690.780.650.980.81-0.150.880.620.840.6-0.760.70.55-0.50.60.730.490.370.73-0.09-0.45
0.840.730.780.850.80.860.820.390.78-0.050.780.910.850.88-0.790.770.9-0.280.880.850.490.690.860.54-0.86
0.670.550.550.680.620.680.690.320.640.230.570.660.640.75-0.720.540.76-0.090.750.730.370.690.690.74-0.38
0.880.730.910.840.830.90.850.640.84-0.020.910.920.910.92-0.790.830.87-0.40.920.920.730.860.690.5-0.79
0.40.480.210.480.350.340.44-0.180.280.430.20.490.280.56-0.360.290.580.120.560.48-0.090.540.740.5-0.28
-0.75-0.68-0.73-0.71-0.73-0.76-0.73-0.32-0.670.19-0.76-0.87-0.77-0.820.54-0.66-0.750.32-0.81-0.67-0.45-0.86-0.38-0.79-0.28
Click cells to compare fundamentals

About Cummins Financial Statements

Investors use fundamental indicators, such as Cummins' Operating Income, to determine how well the company is positioned to perform in the future. Although Cummins' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Operating IncomeB4.2 B
Non Operating Income Net Other102.3 M97.9 M

Currently Active Assets on Macroaxis

When determining whether Cummins offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cummins' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cummins Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cummins Stock:
Check out the analysis of Cummins Correlation against competitors.
For more detail on how to invest in Cummins Stock please use our How to Invest in Cummins guide.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is there potential for Construction Machinery & Heavy Transportation Equipment market expansion? Will Cummins introduce new products? Factors like these will boost the valuation of Cummins. Projected growth potential of Cummins fundamentally drives upward valuation adjustments. Understanding fair value requires weighing current performance against future potential. All the valuation information about Cummins listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.414
Dividend Share
7.64
Earnings Share
20.52
Revenue Per Share
244.162
Quarterly Revenue Growth
0.011
Cummins's market price often diverges from its book value, the accounting figure shown on Cummins's balance sheet. Smart investors calculate Cummins' intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Since Cummins' trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
It's important to distinguish between Cummins' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Cummins should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. However, Cummins' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.