See Graham's ranking
5.0
Cummins Inc. is a United States–based company operating in the industrial-goods sector, within the engines, power systems and propulsion-technology industry.
The company specializes in designing, manufacturing and marketing diesel and natural-gas engines, power-generation systems, automotive components, emissions-control technologies and sustainable-energy solutions.
It was founded in 1919 by Clessie Cummins and William G. Irwin, driven by the opportunity to develop efficient and reliable diesel-engine technology during a period of expanding industrial and automotive mechanization.
Cummins’ portfolio includes internal-combustion engines for commercial vehicles, construction equipment, industrial and marine applications; power-generation systems; filtration and after-treatment systems; turbochargers; batteries and electrified-power solutions; hydrogen technologies and fuel-cell systems; as well as digital platforms for fleet monitoring and performance management.
The company also provides global technical support, parts, services and integrated operational solutions. The company operates globally across North America, Latin America, Europe, Asia and the Middle East.
Its operational structure includes manufacturing plants, technology centers, advanced-engineering units, distribution networks, service centers, industrial partnerships and research teams focused on clean-energy and decarbonization technologies.
Market factors affecting its operations include industrial-production cycles, demand for commercial vehicles, infrastructure investment, environmental regulations, energy-transition trends, technological competitiveness, fuel-price dynamics and the evolution of alternative-power technologies.
Cummins Inc. is listed on the New York Stock Exchange (NYSE) under the ticker CMI.
History and when Cummins Inc. was founded
Cummins Inc. was founded in 1919 in Columbus, Indiana, by Clessie Cummins and William G. Irwin with the goal of developing engines based on emerging diesel technology.
In its early years, the company faced limited commercial acceptance but gradually built a strong reputation through improvements in performance and reliability.
During the 1930s and 1940s, Cummins expanded into truck and industrial applications, supporting road-infrastructure growth and industrial initiatives during major economic cycles.
From the 1950s onward, the company grew into a global supplier, increasing manufacturing capacity and engineering capabilities in response to rising demand for high-performance engines.
In the 1980s and 1990s, Cummins invested heavily in emissions technologies, after-treatment systems and international partnerships amid tightening environmental regulations. In the 2000s, it diversified into power systems, advanced components and electronic-control platforms.
From 2020 to 2024, Cummins accelerated investment in alternative-energy technologies, including hydrogen, electrification, battery systems and fuel cells, while integrating strategic acquisitions to expand its sustainable-power capabilities.
The period also marked modernization of manufacturing operations, expansion of digital services and increased focus on global decarbonization initiatives.
Additional Information
The Company Cummins Inc. (United States), is listed on NYSE with a market value of $ 76.19 Billions, having an equity of $ 13.10 Billions.
With a total of 59.900 employees, the company is listed in the sector of Industrial and categorized in industry of Machinery.
In the last 12 months the Company had a revenue of $ 33.58 Billions, which generated a profit in the amount of $ 2.67 Billions.
As for its main indicators, the Company has a P/E ratio of 28.56, a P/BV ratio of 5.82 and in the last 12 months the dividend yield of CMI was at 1.38%.
The Company is traded internationally through the ticker CMI.
