Cummins Inc
NYSE:CMI

Watchlist Manager
Cummins Inc Logo
Cummins Inc
NYSE:CMI
Watchlist
Price: 350.53 USD -0.24%
Market Cap: 48.1B USD
Have any thoughts about
Cummins Inc?
Write Note

Cummins Inc
Tax Provision

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
|

Cummins Inc
Tax Provision Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Tax Provision CAGR 3Y CAGR 5Y CAGR 10Y
Cummins Inc
NYSE:CMI
Tax Provision
-$781m
CAGR 3-Years
-9%
CAGR 5-Years
-3%
CAGR 10-Years
-2%
Westinghouse Air Brake Technologies Corp
NYSE:WAB
Tax Provision
-$335m
CAGR 3-Years
-27%
CAGR 5-Years
-27%
CAGR 10-Years
-8%
Caterpillar Inc
NYSE:CAT
Tax Provision
-$2.8B
CAGR 3-Years
-21%
CAGR 5-Years
-7%
CAGR 10-Years
-6%
Allison Transmission Holdings Inc
NYSE:ALSN
Tax Provision
-$167m
CAGR 3-Years
-12%
CAGR 5-Years
12%
CAGR 10-Years
-2%
Oshkosh Corp
NYSE:OSK
Tax Provision
-$209m
CAGR 3-Years
-102%
CAGR 5-Years
-5%
CAGR 10-Years
-5%
Paccar Inc
NASDAQ:PCAR
Tax Provision
-$1.2B
CAGR 3-Years
-33%
CAGR 5-Years
-10%
CAGR 10-Years
-7%
No Stocks Found

Cummins Inc
Glance View

Market Cap
48.1B USD
Industry
Machinery
Economic Moat
None

Cummins Inc. began its journey in 1919, founded by Clessie Cummins, an ambitious mechanic with a knack for innovation. This American giant, headquartered in Columbus, Indiana, carved its path through the diesel engine industry, transforming how commercial vehicles powered the world. Over time, Cummins expanded its operations beyond engines, developing into a diversified powerhouse within the global industrial sector. The company is structured into distinct but interconnected business segments: Engine, Power Systems, Components, Distribution, and the New Power segment. Each segment plays a critical role in catering to different markets and geographies, offering everything from engines and power systems to filtration, turbocharger technologies, and electrically powered solutions. The financial engine of Cummins is driven by its comprehensive suite of products and integrated services. By providing diesel and natural gas engines used in a wide range of vehicles and machinery, Cummins secures consistent revenue streams. Its power systems division extends this by delivering standby and prime power solutions, finding indispensable uses in data centers, healthcare facilities, and industrial environments worldwide. The components segment, which includes filtration systems and emission solutions, capitalizes on regulatory changes and environmental needs, bolstering both compliance and sustainability initiatives. Meanwhile, the Distribution segment provides aftermarket support and parts, assuring longevity and efficiency for their clients' operations. Finally, their New Power segment embraces future-forward clean energy tech, exploring opportunities in hydrogen fuel cells and electrified solutions—a critical move in aligning with global decarbonization trends, ensuring Cummins remains both relevant and resilient in the evolving industrial landscape.

CMI Intrinsic Value
362.42 USD
Undervaluation 3%
Intrinsic Value
Price

See Also

What is Cummins Inc's Tax Provision?
Tax Provision
-781m USD

Based on the financial report for Sep 30, 2024, Cummins Inc's Tax Provision amounts to -781m USD.

What is Cummins Inc's Tax Provision growth rate?
Tax Provision CAGR 10Y
-2%

Over the last year, the Tax Provision growth was -3%. The average annual Tax Provision growth rates for Cummins Inc have been -9% over the past three years , -3% over the past five years , and -2% over the past ten years .

Back to Top