CMI Q1 2022 Earnings — Cummins Inc. Revenue & Financial Results | Market Cap Arena

CMICummins Inc.

$78B

Q1 2022 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$6.4B+4.8% YoY

Gross Profit

$1.5B24.0% margin

Operating Income

$604M9.5% margin

Net Income

$418M6.5% margin

EPS (Diluted)

$2.92

QoQ Revenue Growth

+9.1%

Cash Flow

Operating Cash Flow

$164M

Free Cash Flow

$49M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$24.1B

Total Liabilities

$14.8B

Stockholders' Equity

$8.4B

Cash & Equivalents

$2.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.4B	$6.1B	+4.8%
Gross Profit	$1.5B	$1.5B	+3.1%
Operating Income	$604M	$810M	-25.4%
Net Income	$418M	$603M	-30.7%

Revenue Segments

Engine

$2.8B34%

Distribution

$2.1B26%

Components

$2.0B25%

Power Systems

$1.2B14%

New Power

$31M0%

Geographic Segments

UNITED STATES

$3.5B54%

Non-US

$2.0B31%

CHINA

$653M10%

INDIA

$309M5%