CMI Q2 2024 Earnings — Cummins Inc. Revenue & Financial Results | Market Cap Arena

CMICummins Inc.

$78B

Q2 2024 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$8.8B+1.8% YoY

Gross Profit

$2.2B24.9% margin

Operating Income

$1.0B11.9% margin

Net Income

$726M8.3% margin

EPS (Diluted)

$5.26

QoQ Revenue Growth

+4.7%

Cash Flow

Operating Cash Flow

-$851M

Free Cash Flow

-$1.1B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$31.3B

Total Liabilities

$20.7B

Stockholders' Equity

$9.6B

Cash & Equivalents

$1.6B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$8.8B	$8.6B	+1.8%
Gross Profit	$2.2B	$2.1B	+2.1%
Operating Income	$1.0B	$997M	+4.8%
Net Income	$726M	$720M	+0.8%

Revenue Segments

Engine

$3.2B30%

Components

$3.0B28%

Distribution

$2.8B27%

Power Systems

$1.6B15%

Accelera

$111M1%

Geographic Segments

UNITED STATES

$5.1B58%

Non-US

$2.5B28%

CHINA

$747M8%

INDIA

$425M5%