Cummins Inc Cummins Inc [CMI] has reported $752 million quarterly profit, an decrease of $1.3 billion from the previous quarter, the company said in a filing to the SEC for the Q2 ended Jun 30, 2024.
Cummins reported the quarterly diluted earnings per share (EPS) fell by -62.51 percent to $5.3 from $14 in the previous quarter.
Dollars in millions | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 |
|---|
Income Statement |
| Revenue | $8,796.0 | $8,403.0 | $34,065.0 | $0.0 |
| Operating Profit | $1,045.0 | $923.0 | $1,761.0 | $0.0 |
| Net Income | $752.0 | $2,028.0 | $840.0 | $0.0 |
| Net Cash | -$589.0 | $362.0 | $78.0 | $511.0 |
| Gross Margin | $2,193.0 | $2,041.0 | $8,249.0 | $0.0 |
| Operating Margin | $0.0 | $0.0 | $0.0 | $0.0 |
| Profit as % of Revenues | 291.62 | 100.64 | 24.22 | 24.56 |
| Profit as % of Assets | 3.75 | 10.08 | 2.70 | 2.10 |
| Profit as % of Stockholder Equity | 7.11 | 20.08 | 8.48 | 5.62 |
| Return on Equity | 7.11 | 20.08 | 8.48 | 1.61 |
| Return on Assets | 2.40 | 6.37 | 2.62 | 0.59 |
| Turnover Ratio | 43.85 | 41.77 | 1.09 | 0.27 |
| EBITA | $1,045.0 | $923.0 | | |
Balance Sheet |
| Total Assets | $31,320.0 | $31,827.0 | $32,005.0 | $0.0 |
| Total Liabilities | $20,744.0 | $21,726.0 | $22,101.0 | $0.0 |
Cash Flow Statement |
| Operating Cash Flow | -$575.0 | $276.0 | $3,966.0 | $2,507.0 |
| Investing Cash Flow | -$806.0 | -$406.0 | -$1,643.0 | -$860.0 |
| Financing Cash Flow | $807.0 | $499.0 | -$2,177.0 | -$1,069.0 |
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