CMI Q3 2024 Earnings — Cummins Inc. Revenue & Financial Results | Market Cap Arena

CMICummins Inc.

$78B

Q3 2024 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$8.5B+0.3% YoY

Gross Profit

$2.2B25.7% margin

Operating Income

$1.1B12.4% margin

Net Income

$809M9.6% margin

EPS (Diluted)

$5.86

QoQ Revenue Growth

-3.9%

Cash Flow

Operating Cash Flow

$640M

Free Cash Flow

$381M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$32.1B

Total Liabilities

$20.7B

Stockholders' Equity

$10.3B

Cash & Equivalents

$1.7B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$8.5B	$8.4B	+0.3%
Gross Profit	$2.2B	$2.1B	+4.8%
Operating Income	$1.1B	$950M	+10.5%
Net Income	$809M	$656M	+23.3%

Revenue Segments

Distribution

$3.0B28%

Engine

$2.9B28%

Components

$2.7B26%

Power Systems

$1.7B16%

Accelera

$110M1%

Geographic Segments

UNITED STATES

$4.8B57%

Non-US

$2.5B29%

CHINA

$727M9%

INDIA

$416M5%