CMICUMMINS INC
Engines & Turbines
- Revenue
- $33.7B
- 1.3% YoY
- Operating margin
- 12.0%
- 8.7% YoY
- EBITDA
- $5.1B
- 6.5% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 0.7×
- $3.6B net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear348% of net incomeCash flow under 80% of net income
- Dilutive SBCClear0% of revenueOver 10% of revenue
- Payouts exceed cash flowClear29% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear6% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $24.0B | $28.1B | $34.1B | $34.1B | $33.7B | 1.3% |
| Operating income | $2.7B | $2.9B | $1.8B | $3.8B | $4.0B | 7.3% |
| Operating cash flow | $2.3B | $2.0B | $4.0B | $1.5B | $3.6B | 144% |
| Capex | $734M | $916M | $1.2B | $1.2B | $1.2B | 2.2% |
| Stock-based comp | $37M | $33M | $79M | $100M | $93M | 7.0% |
| Buybacks | $1.4B | $374M | $0 | $0 | — | |
| Dividends | $809M | $855M | $921M | $969M | $1.1B | 8.9% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
No pay-versus-performance disclosure yet.