CMI
Cummins Inc. (CMI)
Last Price$342.1(0.8%)
Market Cap$47.3B
LTM Gross margin
24.6%
5Y avg
24.3%
Industrial - Machinery industry median
37.5%
Stock quality & Intrinsic value
6/10
0.6% undervalued

Cummins Inc. Gross margin

Annual
Quarterly
LTM
Industry median
Company stand-alone
CMI
Industrials
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Dec'05Dec'06Dec'07Dec'08Dec'09Dec'10Dec'11Dec'12Dec'13Dec'14Dec'15Dec'16Dec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24
Gross margin
22.0%
22.8%
19.6%
20.5%
20.1%
24.0%
25.4%
26.0%
25.3%
25.3%
25.9%
25.4%
24.9%
24.1%
25.4%
24.7%
23.7%
23.9%
24.2%
24.7%
CMI
Key metrics and insights to make informed decisions.
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Cummins Inc. (CMI) Gross margin comparison analysis

CMI key stats

USD
Millions
Billions
Annual
Quarterly
Trailing
Key stats
Income statement
Balance sheet
Cash Flow Statement
Valuation
Ratios
Per share
Per employee
Dividends & Yields
Dec'05Dec'06Dec'07Dec'08Dec'09Dec'10Dec'11Dec'12Dec'13Dec'14Dec'15Dec'16Dec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24
% growth
9,918.0
17.5%
11,362.0
14.6%
13,048.0
14.8%
14,342.0
9.9%
10,800.0
(24.7%)
13,226.0
22.5%
18,048.0
36.5%
17,334.0
(4.0%)
17,301.0
(0.2%)
19,221.0
11.1%
19,110.0
(0.6%)
17,509.0
(8.4%)
20,428.0
16.7%
23,771.0
16.4%
23,571.0
(0.8%)
19,811.0
(16.0%)
24,021.0
21.3%
28,074.0
16.9%
34,065.0
21.3%
34,102.0
0.1%
Cost of Goods Sold (COGS)7,732.08,767.010,492.011,402.08,631.010,058.013,459.012,826.012,918.014,360.014,163.013,057.015,338.018,034.017,591.014,917.018,326.021,355.025,816.025,663.0
% margin
2,186.0
22.0%
2,595.0
22.8%
2,556.0
19.6%
2,940.0
20.5%
2,169.0
20.1%
3,168.0
24.0%
4,589.0
25.4%
4,508.0
26.0%
4,383.0
25.3%
4,861.0
25.3%
4,947.0
25.9%
4,452.0
25.4%
5,090.0
24.9%
5,737.0
24.1%
5,980.0
25.4%
4,894.0
24.7%
5,695.0
23.7%
6,719.0
23.9%
8,249.0
24.2%
8,439.0
24.7%
Operating Expenses1,423.01,464.01,398.01,631.01,814.02,236.01,908.02,644.02,643.02,866.02,904.02,687.03,077.03,345.03,491.03,077.03,495.04,139.06,488.04,738.0
Research & Development Expenses (R&D)278.0321.0329.0422.0362.0414.0629.0728.0713.0754.0735.0636.0752.0902.01,001.0906.01,090.01,278.01,500.01,463.0
Selling, General & Administrative Expenses (SG&A)1,145.01,283.01,296.01,450.01,239.01,487.01,837.01,900.01,920.02,095.02,092.02,046.02,390.02,437.02,454.02,125.02,374.02,687.03,208.03,275.0
763.0
7.7%
1,131.0
10.0%
1,158.0
8.9%
1,272.0
8.9%
682.0
6.3%
1,602.0
12.1%
2,681.0
14.9%
2,254.0
13.0%
2,101.0
12.1%
2,365.0
12.3%
2,057.0
10.8%
1,928.0
11.0%
2,365.0
11.6%
2,786.0
11.7%
2,700.0
11.5%
1,765.0
8.9%
2,706.0
11.3%
2,234.0
8.0%
1,761.0
5.2%
3,750.0
11.0%
Interest Income0.00.036.018.08.021.034.025.027.023.024.023.018.035.046.074.025.049.0239.0186.0
Interest Expense0.00.058.042.035.040.044.032.041.064.065.069.081.0114.0109.0100.0111.0199.0375.0370.0
Pre-tax Income798.01,083.01,169.01,178.0640.01,617.02,671.02,271.02,119.02,434.02,025.01,930.02,365.02,753.02,834.02,338.02,751.02,819.01,626.04,903.0
% effective tax rate
216.0
27.1%
324.0
29.9%
381.0
32.6%
360.0
30.6%
156.0
24.4%
477.0
29.5%
725.0
27.1%
533.0
23.5%
531.0
25.1%
698.0
28.7%
555.0
27.4%
474.0
24.6%
1,371.0
58.0%
566.0
20.6%
566.0
20.0%
527.0
22.5%
587.0
21.3%
636.0
22.6%
786.0
48.3%
835.0
17.0%
% margin
550.0
5.5%
715.0
6.3%
739.0
5.7%
755.0
5.3%
428.0
4.0%
1,040.0
7.9%
1,848.0
10.2%
1,645.0
9.5%
1,483.0
8.6%
1,651.0
8.6%
1,399.0
7.3%
1,394.0
8.0%
999.0
4.9%
2,141.0
9.0%
2,260.0
9.6%
1,789.0
9.0%
2,131.0
8.9%
2,151.0
7.7%
735.0
2.2%
3,946.0
11.6%
EPS3.113.753.723.872.175.299.588.697.939.047.868.256.0013.2014.5412.0714.7415.205.1928.37
Diluted EPS2.753.553.703.842.165.289.558.677.919.027.848.235.9713.1514.4812.0114.6115.125.1528.37
% margin
1,057.0
10.7%
1,131.0
10.0%
1,448.0
11.1%
1,532.0
10.7%
999.0
9.3%
1,974.0
14.9%
3,036.0
16.8%
2,654.0
15.3%
2,564.0
14.8%
2,498.0
13.0%
2,604.0
13.6%
2,534.0
14.5%
3,035.0
14.9%
3,486.0
14.7%
3,623.0
15.4%
3,125.0
15.8%
2,862.0
11.9%
3,802.0
13.5%
3,025.0
8.9%
6,338.0
18.6%

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FAQ

1) What is Cummins Inc.'s Gross margin?

As of today, Microsoft Corp's last 12-month Gross margin is 24.6%, based on the financial report for Dec 31, 2024 (Q4’2024). The average annual Gross margin for Cummins Inc. have been 24.1% over the past three years, and 25.5% over the past five years.

2) Is Cummins Inc.'s Gross margin Good?

As of today, Cummins Inc.'s Gross margin is 24.6%, which is lower than industry median of 37.5%. It indicates that Cummins Inc.'s Gross margin is Bad.

3) How does Cummins Inc.'s Gross margin compare to its peers?

As of today, Cummins Inc.'s Gross margin is 24.6%, which is lower than peer median of 46.0%. The list of peers includes ROP, ETN, AME, OTIS, HWM, ROK, ITW, IR, PH, EMR.