Cummins Inc [CMI]
$149.25 3.22 (2.21%)
Market Cap 23.55 Billion
Cummins is a leading manufacturer of diesel engines used in commercial trucks, off-highway equipment, and railroad locomotives, along with diesel-powered electric generators. The firm's revenue historically has been tied to the class 8 truck market, where, as the industry leader, it currently supplies 38% of engines. Cummins is in the unique position of competing with its primary customers, heavy-duty truck manufacturers who make and aggressively market their own engines. Despite robust competition across all its segments and ever-increasing government regulation of diesel emissions in the past three decades, Cummins has been able to grow its revenue sevenfold, to $23.7 billion in 2018. Cummins is headquartered in Columbus, Indiana, where it was founded in 1919.
EPS 4.29 P/E Ratio 17.02
Previous Earnings Tue, Apr 30, 2019
Yield 3.51% / $5.24
Ex-Date Tue, Aug 20, 2019 (In 2 days)
Pay Date Tue, Sep 3, 2019
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