Stock Analysis on Net

Cummins Inc. (NYSE:CMI)

$22.49

This company has been moved to the archive! The financial data has not been updated since May 2, 2024.

Common-Size Income Statement

Cummins Inc., common-size consolidated income statement

Microsoft Excel
12 months ended: Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Net sales
Cost of sales
Gross margin
Selling, general and administrative expenses
Research, development and engineering expenses
Equity, royalty and interest income from investees
Restructuring actions
Other operating expense, net
Operating income and expenses
Operating income
Interest expense
Other income, net
Income before income taxes
Income tax expense
Consolidated net income
Net income attributable to noncontrolling interests
Net income attributable to Cummins Inc.

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).

Income statement item Description The company
Operating income The net result for the period of deducting operating expenses from operating revenues. Cummins Inc. operating income as a percentage of net sales decreased from 2021 to 2022 and from 2022 to 2023.
Income before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Cummins Inc. income before income taxes as a percentage of net sales decreased from 2021 to 2022 and from 2022 to 2023.
Net income attributable to Cummins Inc. The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Cummins Inc. net income attributable to Cummins Inc. as a percentage of net sales decreased from 2021 to 2022 and from 2022 to 2023.