Financials in USD. Standardized financial statements.
A compact view of how Cummins Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $33.67B | $34.10B | $34.06B | $28.07B | $24.02B | $19.81B | $23.57B | $23.77B | $20.43B | $17.51B |
| Revenue Growth? | -1.3% | +0.1% | +21.3% | +16.9% | +21.3% | -16.0% | -0.8% | +16.4% | +16.7% | 0.0% |
| Cost of Revenue? | $25.15B | $25.66B | $25.82B | $21.36B | $18.33B | $14.92B | $17.59B | $18.03B | $15.33B | $13.05B |
| Gross Profit? | $8.52B | $8.44B | $8.25B | $6.72B | $5.70B | $4.89B | $5.98B | $5.74B | $5.10B | $4.46B |
| Gross Margin? | +25.3% | +24.7% | +24.2% | +23.9% | +23.7% | +24.7% | +25.4% | +24.1% | +25.0% | +25.5% |
| Operating Expenses? | $4.65B | $4.69B | $6.49B | $3.79B | $2.99B | $2.63B | $3.28B | $2.95B | $2.77B | $2.58B |
| Operating Income? | $3.87B | $3.75B | $1.76B | $2.93B | $2.71B | $2.27B | $2.70B | $2.79B | $2.33B | $1.88B |
| EBITDA? | $5.40B | $6.34B | $3.02B | $3.80B | $3.52B | $3.11B | $3.62B | $3.48B | $3.03B | $2.53B |
| Income Before Tax | $3.96B | $4.90B | $1.63B | $2.82B | $2.75B | $2.34B | $2.83B | $2.75B | $2.37B | $1.93B |
| Income Tax Expense | $1.01B | $835.00M | $786.00M | $636.00M | $587.00M | $527.00M | $566.00M | $566.00M | $1.37B | $474.00M |
| Net Income? | $2.84B | $3.95B | $735.00M | $2.15B | $2.13B | $1.79B | $2.26B | $2.14B | $999.00M | $1.39B |
| EPS? | $20.62 | $28.55 | $5.19 | $15.20 | $14.74 | $12.07 | $14.54 | $13.20 | $6.00 | $8.25 |
| Diluted EPS? | $20.50 | $28.37 | $5.15 | $15.12 | $14.61 | $12.01 | $14.48 | $13.15 | $5.97 | $8.23 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality