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Last $135.55 USD
Change Today -3.70 / -2.66%
Volume 2.2M
CMI On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 4:15 PM 05/29/15 All times are local (Market data is delayed by at least 15 minutes).

cummins inc (CMI) Snapshot

Open
$138.98
Previous Close
$139.25
Day High
$139.00
Day Low
$135.49
52 Week High
06/9/14 - $161.03
52 Week Low
10/15/14 - $124.30
Market Cap
24.6B
Average Volume 10 Days
1.1M
EPS TTM
$8.90
Shares Outstanding
181.3M
EX-Date
05/19/15
P/E TM
15.2x
Dividend
$3.12
Dividend Yield
2.30%
Current Stock Chart for CUMMINS INC (CMI)

cummins inc (CMI) Details

Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, and engine-related component products. It operates through four segments: Engine, Distribution, Components, and Power Generation. The Engine segment offers various diesel and natural gas powered engines under the Cummins and other customer brand names for the heavy-and medium-duty truck, bus, recreational vehicle, light-duty automotive, agricultural, construction, mining, marine, oil and gas, rail, and governmental equipment markets. This segment also provides new parts and service, as well as remanufactured parts and engines. The Distribution segment distributes and services parts and filtration products, power generation products, and engines, as well as offers service solutions, including maintenance contracts, engineering services, and integrated products. The Components segment offers emission solutions, including custom engineering systems and integrated controls, oxidation catalysts, particulate filters, oxides of nitrogen reduction systems, and engineered components; turbochargers for light-duty, mid-range, heavy-duty, and high-horsepower diesel markets; air filters, fuel filters, fuel water separators, lube filters, hydraulic filters, coolant, diesel exhaust fluid, fuel additives, and other filtration systems; and fuel systems primarily for heavy-duty on-highway diesel engine applications, as well as remanufactures fuel systems. The Power Generation segment designs and manufactures components that make up power generation systems, including controls, alternators, transfer switches, and switchgears, as well as provides power generation systems, components, and services. The company sells its products to original equipment manufacturers, distributors, and other customers worldwide. Cummins Inc. was founded in 1919 and is headquartered in Columbus, Indiana.

54,600 Employees
Last Reported Date: 02/17/15
Founded in 1919

cummins inc (CMI) Top Compensated Officers

Chairman, Chief Executive Officer and Chairma...
Total Annual Compensation: $1.3M
President and Chief Operating Officer
Total Annual Compensation: $730.2K
Chief Financial Officer and Vice President
Total Annual Compensation: $680.0K
Vice President and President of Distribution ...
Total Annual Compensation: $550.0K
Vice President, Chairman of The India Area Bu...
Total Annual Compensation: $537.5K
Compensation as of Fiscal Year 2014.

cummins inc (CMI) Key Developments

Cummins, Inc. to Expand its Memphis Distribution Operations

Cummins Inc. announced that the company will invest $6.7 million to expand its current parts and distribution center in Memphis, creating 70 new jobs for Shelby County. By expanding the size of the Memphis PDC (parts distribution center), Cummins will be able to support the further growth of global supply chain requirements. This investment will allow the company to synchronize warehousing activities and optimize freight and transportation options, operations that are critical to the success of Cummins and its customer satisfaction. Cummins plans to begin expanding in June, with final completion expected in December 2015.

Cummins Announces Production of PowerCommand 3300 Controller

Cummins Inc. has announced the production of the PowerCommand, or PCC, 3300 controller for drilling operations. The PCC 3300 monitors, meters and serves as a control system for Cummins Drilling Power Modules, designed to maximize both engine efficiency and rig uptime through automated engine load management and enhanced system integration. Built and tested to perform in the harshest oil and gas drilling applications, Cummins PCC 3300 is the perfect tool for enabling smarter, more efficient rig operation and control under a single, integrated system. Cummins PCC 3300 communicates with Cummins DPMs and Kato or AVK alternators to form a truly integrated drilling power system. The system maximizes efficiency by allowing each engine and alternator to continuously communicate with each other, providing faster response time and greater load acceptance. The controller then uses that communication to automatically manage and distribute engine loads, activating and deactivating drilling power modules, automatically synchronizing and paralleling them and putting them on the bus as needed. Those real-time adjustments enable each drilling power module to deliver more power, faster. Not only is efficiency optimized by the Cummins PCC 3300, but rig productivity is improved through smarter drilling power module control. Cummins PCC 3300 allows the operator to preset load profiles, which automatically adjust loads between engines, bringing additional drilling power modules online as loads increase. Shutdown points can also be programmed, allowing drilling power modules to be taken offline as loads decrease. By optimizing the operation and shutdown of multiple modules automatically through load profiles, system response times are dramatically reduced. Cummins PCC 3300 also reduces the total cost of ownership by only running drilling power modules as needed, reducing idle run time and the associated fuel, oil and maintenance costs that come with it. Cummins PCC 3300 controller is an option on drilling power module packages designed and manufactured by the Cummins Oil and Gas Center of Excellence (COE) in Houston.

Cummins and Buhler Industries Announce Extension of Long-Term Supply Agreement

Cummins Inc. and Buhler Industries Inc. announced they have extended their global long-term engine supply agreement for U.S. Environmental Protection Agency (EPA) Tier 3, Tier 4 Interim and Tier 4 Final engines. As a part of the long-term supply agreement, Cummins is the engine supplier to Versatile agriculture equipment for Tier 3 QSL, QSM and QSX engines, Tier 4 Interim QSB6.7, QSL9, QSX11.9 and QSX15 engines, and Tier 4 Final QSB6.7, QSL9, QSG12 and QSX15 engines. Cummins diesel engines supply power to the full lineup of Versatile agriculture products, including row crop, four-wheel drive, DeltaTrack and scraper tractors, combines and sprayers.

 

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Industry Analysis

CMI

Industry Average

Valuation CMI Industry Range
Price/Earnings 14.9x
Price/Sales 1.3x
Price/Book 3.3x
Price/Cash Flow 14.9x
TEV/Sales 1.1x
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