Top Cummins Competitors and Alternatives | Bullfincher

+

Ticker

CMI

B

Headquarter

Columbus ,IN

US

Bristol ,CT

US

CEO

Ms. Jennifer W. Rumsey

Mr. Thomas J. Hook

Industry

Industrial - Machinery

Industrial - Machinery

Stock Price

Stock Price

Market Cap

$51.12B

$2.39B

Employees

Years

2021
2022
2023

2021
2022
2023

Employees

59.90K
73.60K
75.50K

5.10K
5.20K
6.50K

Y/Y

3.59%

22.87%

2.58%

2%

1.96%

25%

Income Statement

Revenue

Years

2021
2022
2023

2021
2022
2023

Revenue

$24.02B
$28.07B
$34.07B

$1.26B
$1.26B
$1.45B

Y/Y

21.25%

16.87%

21.34%

11.96%

0.24%

14.98%

Revenue by Products / Services

Revenue by Geography

Research and Development

Years

2021
2022
2023

2021
2022
2023

Research and Development

$1.09B
$1.28B
$1.50B

$22.93M
$15.77M
$13.92M

Y/Y

20.31%

17.25%

17.37%

35.28%

31.2%

11.75%

Operating Income

Years

2021
2022
2023

2021
2022
2023

Operating Income

$2.71B
$2.23B
$1.76B

$150.02M
$121.00M
$88.99M

Y/Y

53.31%

17.44%

21.17%

21.6%

19.34%

26.45%

Tax Rate (%)

Years

2021
2022
2023

2021
2022
2023

Tax Rate (%)

21.00%
23.00%
48.00%

22.00%
65.00%
52.00%

Y/Y

5.32%

5.72%

114.27%

41.8%

195.97%

19.77%

Net Income

Years

2021
2022
2023

2021
2022
2023

Net Income

$2.13B
$2.15B
$735.00M

$99.87M
$13.48M
$16.00M

Y/Y

19.12%

0.94%

65.83%

57.59%

86.5%

18.67%

Assets & Liabilities | Cash Flow

Total Assets

Years

2021
2022
2023

2021
2022
2023

Total Assets

$23.71B
$30.30B
$32.01B

$2.58B
$2.41B
$3.31B

Y/Y

4.8%

27.79%

5.63%

3.71%

6.33%

37.05%

Total Liabilities

Years

2021
2022
2023

2021
2022
2023

Total Liabilities

$14.31B
$20.07B
$22.10B

$1.15B
$1.07B
$1.95B

Y/Y

4.94%

40.29%

10.1%

11.25%

7.03%

82.29%

Capital Expenditures (Capex)

Years

2021
2022
2023

2021
2022
2023

Capital Expenditures (Capex)

-$786.00M
-$916.00M
-$1.21B

-$34.12M
-$35.08M
-$55.74M

Y/Y

36.7%

16.54%

32.42%

16.17%

2.83%

58.88%

Profitability

Operating Income Margin (%)

Years

2021
2022
2023

2021
2022
2023

Operating Income Margin (%)

11.27%
7.96%
5.17%

11.92%
9.59%
6.13%

Y/Y

26.49%

29.37%

35.05%

8.66%

19.55%

36.08%

Net Income Margin (%)

Years

2021
2022
2023

2021
2022
2023

Net Income Margin (%)

8.87%
7.66%
2.16%

7.93%
1.07%
1.10%

Y/Y

1.77%

13.64%

71.8%

40.6%

86.51%

2.8%

EBITDA

2020	3125000000.00
2021	2862000000.00
2022	3802000000.00
2023	3025000000.00

2020	216621000.00
2021	246711000.00
2022	158124000.00
2023	223054000.00

Years

2021
2022
2023

2021
2022
2023

EBITDA

$2.86B
$3.80B
$3.03B

$246.71M
$158.12M
$223.05M

Y/Y

8.42%

32.84%

20.44%

13.89%

35.91%

41.06%

Free Cash Flow (FCF)

2020	2147000000.00
2021	1470000000.00
2022	1046000000.00
2023	2753000000.00

2020	174764000.00
2021	133689000.00
2022	40477000.00
2023	56676000.00

Years

2021
2022
2023

2021
2022
2023

Free Cash Flow (FCF)

$1.47B
$1.05B
$2.75B

$133.69M
$40.48M
$56.68M

Y/Y

31.53%

28.84%

163.19%

23.5%

69.72%

40.02%

Ratios

Return on Equity (ROE)

Years

2021
2022
2023

2021
2022
2023

Return on Equity (ROE)

25.15%
23.97%
8.31%

6.99%
1.00%
1.17%

Y/Y

13.34%

4.69%

65.33%

52.62%

85.69%

17%

Return on Assets (ROA)

Years

2021
2022
2023

2021
2022
2023

Return on Assets (ROA)

8.99%
7.10%
2.30%

3.88%
0.56%
0.48%

Y/Y

13.65%

21.02%

67.61%

63.71%

85.57%

14.29%

Debt to Equity

Years

2021
2022
2023

2021
2022
2023

Debt to Equity

49.08%
87.52%
75.66%

42.25%
42.42%
94.76%

Y/Y

4.98%

78.32%

13.55%

17.04%

0.4%

123.39%

Valuation

Enterprise Value

Years

2021
2022
2023

2021
2022
2023

Enterprise value

$33.11B
$40.04B
$38.98B

$2.87B
$2.58B
$2.91B

Y/Y

3.8%

20.92%

2.65%

10.32%

10.35%

13.12%

Enterprise value to Revenue

Years

2021
2022
2023

2021
2022
2023

Enterprise value to Revenue

1.38
1.43
1.14

2.28
2.04
2.01

Y/Y

20.66%

3.47%

19.77%

19.9%

10.56%

1.62%

Enterprise value to EBITDA

Years

2021
2022
2023

2021
2022
2023

Enterprise value to EBITDA

11.57
10.53
12.88

11.65
16.29
13.06

Y/Y

5.04%

8.97%

22.35%

21.26%

39.87%

19.81%