CMI
Cummins Inc. (CMI)
Last Price$342.1(0.8%)
Market Cap$47.3B
LTM Income Tax
$835.0M
YoY Growth
+6.2%
3Y CAGR
+12.5%
5Y CAGR
+8.1%
Stock quality & Intrinsic value
6/10
64.0% undervalued

Cummins Inc. Income Tax

Annual
Quarterly
LTM
Crunching data... Almost there!
Dec'05Dec'06Dec'07Dec'08Dec'09Dec'10Dec'11Dec'12Dec'13Dec'14Dec'15Dec'16Dec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24
Income Tax
$216.0M
$324.0M
$381.0M
$360.0M
$156.0M
$477.0M
$725.0M
$533.0M
$531.0M
$698.0M
$555.0M
$474.0M
$1,371.0M
$566.0M
$566.0M
$527.0M
$587.0M
$636.0M
$786.0M
$835.0M
CMI
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Cummins Inc. (CMI) Income Tax 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 Income Tax?

As of today, Cummins Inc.'s last 12-month Income Tax is $835.0M, based on the financial report for Dec 31, 2024 (Q4’2024).

2) What is Cummins Inc.'s Income Tax growth rate?

Over the last year, Cummins Inc.'s Income Tax growth was 6.2%. The average annual Income Tax growth rates for Cummins Inc. have been 8.9% over the past three years, 8.1% over the past five years.

3) Is Cummins Inc.'s Income Tax growth rate Good?

Over the last year, Cummins Inc.'s Income Tax growth was 6.2%, which is higher than industry growth of 0.4%. It indicates that Cummins Inc.'s Income Tax growth is Bad.

4) How does Cummins Inc.'s Income Tax growth rate compare to its peers?

Over the last year, Cummins Inc.'s Income Tax growth was 6.2%, which is higher than peer median growth of (18.1%). The list of peers includes ITW, PH, ETN, EMR, ROP, OTIS, AME, IR, HWM, ROK etc.