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Cummins Inc. (CMI)

(Delayed Data from NYSE)

$262.98 USD

262.98
1,123,482

+9.78 (3.86%)

Updated Mar 1, 2021 04:02 PM ET

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.41%
2Buy17.88%
3Hold9.48%
4Sell5.03%
5Strong Sell1.87%
S&P50010.70%

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3-Hold of 5     3    

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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B Value B Growth D Momentum B VGM

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Top 43% (110 out of 253)

Industry: Automotive - Internal Combustion Engines

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Balance Sheet

Research for CMI More Info

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for Cummins Inc. falls in the month of December.

All items in Millions except Per Share data.

12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016
Assets          
Cash & Equivalents 3,862 1,470 1,525 1,567 1,380
Receivables 3,820 3,670 3,866 3,618 3,025
Notes Receivable 0 0 0 0 0
Inventories 3,425 3,486 3,759 3,166 2,675
Other Current Assets 790 761 668 577 627
Total Current Assets 11,897 9,387 9,818 8,928 7,707
Net Property & Equipment 4,255 4,245 4,096 3,927 3,800
Investments & Advances 1,441 1,237 1,222 1,156 946
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 2,256 2,289 2,035 2,055 812
Deposits & Other Assets 2,775 2,579 1,891 2,009 1,746
Total Assets 22,624 19,737 19,062 18,075 15,011
Liabilities & Shareholders Equity 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016
Notes Payable 492 760 834 355 253
Accounts Payable 2,820 2,534 2,822 2,579 1,854
Current Portion Long-Term Debt 62 31 45 63 35
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 2,270 2,402 2,185 2,180 1,715
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 691 533 498 500 468
Total Current Liabilities 6,335 6,260 6,384 5,677 4,325
Mortgages 0 0 0 0 0
Deferred Taxes/Income 840 821 658 0 0
Convertible Debt 0 0 0 0 0
Long-Term Debt 3,610 1,576 1,597 1,588 1,568
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 2,850 2,615 2,164 2,646 1,944
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 13,635 11,272 10,803 9,911 7,837
Shareholders Equity 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016
Preferred Stock 0 0 0 0 0
Common Stock (Par) 2,404 2,346 2,271 2,210 2,153
Capital Surplus 0 -2 -5 -7 -8
Retained Earnings 15,419 14,416 12,917 11,464 11,040
Other Equity -1,055 -1,070 -896 -598 -1,522
Treasury Stock 7,779 7,225 6,028 4,905 4,489
Total Shareholder's Equity 8,989 8,465 8,259 8,164 7,174
Total Liabilities & Shareholder's Equity 22,624 19,737 19,062 18,075 15,011
Total Common Equity 8,989 8,465 8,259 8,164 7,174
Shares Outstanding 147.60 153.20 160.50 165.90 168.20
Book Value Per Share 60.90 55.25 51.46 49.21 42.65

Fiscal Year End for Cummins Inc. falls in the month of December.

All items in Millions except Per Share data.

12/31/2020 9/30/2020 6/30/2020 3/31/2020 12/31/2019
Assets          
Cash & Equivalents 3,862 3,312 2,104 2,030 1,470
Receivables 3,820 3,628 3,441 3,505 3,670
Notes Receivable 0 0 0 0 0
Inventories 3,425 3,470 3,655 3,579 3,486
Other Current Assets 790 652 634 676 761
Total Current Assets 11,897 11,062 9,834 9,790 9,387
Net Property & Equipment 4,255 4,087 4,067 4,128 4,245
Investments & Advances 1,441 1,418 1,362 1,304 1,237
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 2,256 2,278 2,301 2,248 2,289
Deposits & Other Assets 2,775 2,723 2,750 2,606 2,579
Total Assets 22,624 21,568 20,314 20,076 19,737
Liabilities & Shareholders Equity 12/31/2020 9/30/2020 6/30/2020 3/31/2020 12/31/2019
Notes Payable 492 445 2,136 1,738 760
Accounts Payable 2,820 2,597 2,281 2,648 2,534
Current Portion Long-Term Debt 62 58 66 33 31
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 2,270 2,069 1,910 2,036 2,402
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 691 540 523 527 533
Total Current Liabilities 6,335 5,709 6,916 6,982 6,260
Mortgages 0 0 0 0 0
Deferred Taxes/Income 840 837 829 837 821
Convertible Debt 0 0 0 0 0
Long-Term Debt 3,610 3,609 1,639 1,580 1,576
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 2,850 2,800 2,659 2,615
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 13,635 12,927 12,184 12,058 11,272
Shareholders Equity 12/31/2020 9/30/2020 6/30/2020 3/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 2,404 2,385 2,353 2,335 2,346
Capital Surplus 0 0 -1 -1 -2
Retained Earnings 15,419 15,118 14,811 14,728 14,416
Other Equity -1,055 -1,166 -1,304 -1,300 -1,070
Treasury Stock 7,779 7,696 7,729 7,744 7,225
Total Shareholder's Equity 8,989 8,641 8,130 8,018 8,465
Total Liabilities & Shareholder's Equity 22,624 21,568 20,314 20,076 19,737
Total Common Equity 8,989 8,641 8,130 8,018 8,465
Shares Outstanding 147.60 148.00 147.60 147.50 153.20
Book Value Per Share 60.90 58.39 55.08 54.36 55.25