CMI Q3 2022 Earnings — Cummins Inc. Revenue & Financial Results | Market Cap Arena

CMICummins Inc.

$78B

Q3 2022 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$7.3B+22.9% YoY

Gross Profit

$1.6B22.4% margin

Operating Income

$626M8.5% margin

Net Income

$400M5.5% margin

EPS (Diluted)

$2.82

QoQ Revenue Growth

+11.3%

Cash Flow

Operating Cash Flow

$382M

Free Cash Flow

$160M

Stock-Based Comp.

$10M

Balance Sheet

Total Assets

$29.8B

Total Liabilities

$20.2B

Stockholders' Equity

$8.4B

Cash & Equivalents

$2.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$7.3B	$6.0B	+22.9%
Gross Profit	$1.6B	$1.4B	+16.1%
Operating Income	$626M	$666M	-6.0%
Net Income	$400M	$534M	-25.1%

Revenue Segments

Engine

$2.8B30%

Components

$2.7B30%

Distribution

$2.2B25%

Power Systems

$1.3B15%

New Power

$50M1%

Geographic Segments

UNITED STATES

$4.1B56%

Non-US

$2.3B31%

CHINA

$601M8%

INDIA

$358M5%