Cummins Revenue 2024

Cummins Revenue

33.25 B USD

Cummins Dividend yield

Ticker

CMI

ISIN

US2310211063

WKN

853121

In 2024, Cummins's sales reached 33.25 B USD, a -2.38% difference from the 34.07 B USD sales recorded in the previous year.

The Cummins Revenue history

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Cummins Aktienanalyse

What does Cummins do?

Cummins Inc is a leading manufacturer of diesel engines, parts, and accessories, and also produces alternative and renewable energy systems. The company was founded in 1919 by William Glanton Irwin, Clessie Lyle Cummins, and others, with its headquarters in Columbus, Indiana, and now has subsidiaries in over 190 countries worldwide. The company was developed by Clessie Cummins, who was an engineer and racer. He had the idea to develop a more efficient diesel engine than those on the market at the time. Together with William Irwin and other co-founders, they established the Cummins Engine Company and developed engines from the beginning that were more reliable, efficient, and economical than their predecessors. Since its founding, Cummins Inc has developed a wide range of products, including diesel engines for heavy trucks, corporate applications such as power generation units, marine and rail propulsion, and alternative fuel systems. One of Cummins' most well-known products is the Dodge Ram Pickup Truck, equipped with the Cummins 6.7L turbo-diesel engine. Cummins Inc's strategy is to provide customers with comprehensive service, providing all the key attributes they need to be successful. By dividing the company into various segments such as commercial vehicles, power generation systems, as well as smaller engines and parts, it can offer customers a comprehensive range of products and services. The different divisions of the company work closely together to ensure that the customer receives a complete solution they require. In 2019, the company celebrated its 100th anniversary. In its fourth year of operation, Cummins expanded its business in Europe and sold its fully functional diesel engines to the Royal Navy of the United Kingdom. In 1925, the company began production of diesel engines for bus and truck traffic, and in 1952, Cummins developed and produced its first turbocharger system. In recent years, Cummins Inc has also increased its efforts towards sustainability and renewable energy, now offering products and services to support a wide range of applications including wind energy systems, solar systems, biofuels, and hybrid technologies. Overall, Cummins Inc is a leading provider of innovative and high-quality engines, parts, and accessories, offering customers a comprehensive solution that encompasses all aspects of their business. The company has proven throughout its nearly century-long history that it is continually able to meet the ever-changing demands of its customers and contribute to shaping the world and the economy. Cummins ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Revenue Details

Understanding Cummins's Sales Figures

The sales figures of Cummins originate from the total revenue accrued from goods sold or services provided during a specific time period. These numbers are a direct reflection of the company’s ability to translate its products or services into revenue, indicating the demand and market presence.

Year-to-Year Comparison

Analyzing Cummins’s yearly sales data offers insights into the company’s growth and stability. An increase in sales suggests a growing demand for its offerings, efficient marketing, or expansion into new markets. Conversely, a decline might indicate market saturation, increased competition, or less effective strategies.

Impact on Investments

Investors often scrutinize Cummins's sales data to evaluate its financial health and growth prospects. Consistent sales growth can be a promising indicator of the company’s profitability and potential return on investment, influencing stock prices and investor confidence.

Interpreting Sales Fluctuations

Increases in Cummins’s sales indicate market growth, innovation, or effective marketing, often leading to a surge in stock prices. A decline, however, can signal challenges requiring strategic adjustments to enhance market share and profitability.

Frequently Asked Questions about Cummins Stock

How much revenue did Cummins generate this year?

Cummins has achieved a revenue of 33.25 B USD this year.

How much was the turnover of the company Cummins compared to the previous year?

The revenue of Cummins has increased by -2.38% decreased compared to the previous year.

What does revenue mean for investors?

The revenue of a company is an important indicator of its financial performance and attractiveness for investors.

Which factors influence the revenue of Cummins?

The revenue of Cummins is influenced by various factors, including the demand for its products and services, market conditions, and prices.

How is the revenue of Cummins measured?

Revenue is typically measured in units referring to the sale of goods and services provided by the company.

How does an increase in sales affect investments?

An increase in revenue can prompt investors to invest more money in the company as it serves as a positive signal for its financial performance and growth prospects.

What are the possible risks associated with a declining revenue?

A decline in revenue can prompt investors to invest less money in the company, as it is a negative signal for its financial performance and growth prospects.

Why is the sales revenue of Cummins so important for investors?

The revenue of Cummins is an important indicator of financial performance and attractiveness for investors.

What strategic measures can a company take to increase revenue?

A company can take various strategic measures to increase revenue, including developing new products and services, introducing new pricing models, and expanding into new markets.

How much dividend does Cummins pay?

Over the past 12 months, Cummins paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Cummins is expected to pay a dividend of 7.43 USD.

What is the dividend yield of Cummins?

The current dividend yield of Cummins is .

When does Cummins pay dividends?

Cummins pays a quarterly dividend. This is distributed in the months of June, September, December, March.

How secure is the dividend of Cummins?

Cummins paid dividends every year for the past 24 years.

What is the dividend of Cummins?

For the upcoming 12 months, dividends amounting to 7.43 USD are expected. This corresponds to a dividend yield of 2.53 %.

In which sector is Cummins located?

Cummins is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Cummins kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Cummins from 3/7/2024 amounting to 1.68 USD, you needed to have the stock in your portfolio before the ex-date on 2/22/2024.

When did Cummins pay the last dividend?

The last dividend was paid out on 3/7/2024.

What was the dividend of Cummins in the year 2023?

In the year 2023, Cummins distributed 6.04 USD as dividends.

In which currency does Cummins pay out the dividend?

The dividends of Cummins are distributed in USD.

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Andere Kennzahlen von Cummins

Our stock analysis for Cummins Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Cummins Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.