← CUMMINS INC

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Total Revenue $17.5b
$20.4b +16.67%
$23.8b +16.36%
$23.6b -0.84%
$19.8b -15.95%
$24.0b +21.25%
$28.1b +16.87%
$34.1b +21.34%
$34.1b +0.11%
$33.7b -1.27%
$34.7b +3.08%
Cost of Goods and Services Sold $13.1b
$15.3b +17.47%
$18.0b +17.58%
$17.6b -2.46%
$14.9b -15.20%
$18.3b +22.85%
$21.4b +16.53%
$25.8b +20.89%
$25.7b -0.59%
$25.2b -1.98%
$25.9b +3.05%
Gross Profit $4.5b
$5.1b +14.33%
$5.7b +12.71%
$6.0b +4.24%
$4.9b -18.16%
$5.7b +16.37%
$6.7b +17.98%
$8.2b +22.77%
$8.4b +2.30%
$8.5b +0.91%
$8.8b +3.19%
Research and Development Expense $636.0m $752.0m $902.0m $1.0b $906.0m $1.1b $1.3b $1.5b $1.5b $1.4b $1.4b
Selling, General and Administrative Expense $2.0b $2.4b $2.4b $2.5b $2.1b $2.4b $2.7b $3.3b $3.3b $3.1b $3.3b
Amortization of Intangible Assets $92.0m $112.0m $153.0m $175.0m $165.0m $144.0m $223.0m $324.0m $324.0m $323.0m —
Restructuring Costs — $0 — $115.0m — — — — — — —
Operating Income (Loss) $1.9b
$2.4b +22.67%
$2.8b +17.80%
$2.7b -3.09%
$2.3b -15.96%
$2.7b +19.26%
$2.9b +8.24%
$1.8b -39.88%
$3.8b +112.95%
$4.0b +7.33%
$3.7b -8.57%
Other Operating Income (Expense), Net ($5.0m) $65.0m ($6.0m) ($36.0m) ($46.0m) ($31.0m) ($174.0m) ($2.1b) ($346.0m) ($439.0m) —
Interest Expense $69.0m $81.0m $114.0m $109.0m $100.0m $111.0m $199.0m $375.0m $370.0m $329.0m $321.0m
Interest Expense, Debt — $85.0m $116.0m $112.0m $102.0m $113.0m $204.0m $383.0m $387.0m $360.0m $321.0m
Investment Income, Interest $23.0m $18.0m $35.0m $46.0m $21.0m — — — — — —
Foreign Currency Transaction Gain (Loss), before Tax ($12.0m) ($71.0m) $46.0m $105.0m ($2.0m) ($37.0m) $27.0m — — — —
Foreign Currency Transaction Gain (Loss), Realized — ($6.0m) ($34.0m) $28.0m $4.0m $2.0m ($8.0m) ($30.0m) ($41.0m) $5.0m —
Other Nonoperating Income (Expense) $48.0m $63.0m $46.0m $197.0m $169.0m $156.0m $89.0m $240.0m $1.5b $267.0m —
Income (Loss) from Equity Method Investments $260.0m $357.0m $394.0m $330.0m $452.0m $506.0m $349.0m $483.0m $395.0m $469.0m —
Income (Loss) from Continuing Operations before Income Taxes, Domestic $995.0m $1.2b $1.2b $1.7b $1.1b $1.3b $1.3b ($541.0m) $2.9b $1.8b $3.8b
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $1.9b $2.4b $2.8b $2.8b $2.3b $2.8b $2.8b $1.6b $4.9b $4.0b $3.8b
Current Income Tax Expense (Benefit) $424.0m $993.0m $804.0m $570.0m $520.0m $580.0m $910.0m $1.2b $1.0b $920.0m $1.0b
Income Tax Expense (Benefit) $474.0m $1.4b $566.0m $566.0m $527.0m $587.0m $636.0m $786.0m $835.0m $1.0b $1.0b
Net Income (Loss) Available to Common Stockholders, Basic $1.4b
$999.0m -28.34%
$2.1b +114.31%
$2.3b +5.56%
$1.8b -20.84%
$2.1b +19.12%
$2.2b +0.94%
$735.0m -65.83%
$3.9b +436.87%
$2.8b -27.95%
$2.7b -4.50%
Net Income (Loss) Attributable to Noncontrolling Interest $62.0m ($5.0m) $46.0m $8.0m $22.0m $33.0m $32.0m $105.0m $122.0m $114.0m $2.7b
Earnings Per Share, Basic $8.25 $5.99 $13.20 $14.54 $12.07 $14.74 $15.20 $5.19 $28.55 $20.62 $19.65
Earnings Per Share, Diluted $8.23 $5.97 $13.15 $14.48 $12.01 $14.61 $15.12 $5.15 $28.37 $20.50 $19.56
Income (Loss) from Continuing Operations, Per Diluted Share — — — — $0 — — — — — —
Weighted Average Number of Shares Outstanding, Basic 169.0m 166.6m 162.2m 155.4m 148.2m 144.6m 141.5m 141.7m 138.2m 137.9m 138.1m
Weighted Average Number of Shares Outstanding, Diluted 169.3m 167.3m 162.8m 156.1m 149.0m 145.9m 142.3m 142.7m 139.1m 138.7m 138.8m
Additional Financial Items
Goodwill, Impairment Loss — — — — — — — — — ($210.0m) $292.0m

Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.