Stock Analysis on Net
Stock Analysis on Net

Cummins Inc. (NYSE:CMI)

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

Total Asset Turnover
since 2005

Microsoft Excel

Calculation

Cummins Inc., total asset turnover, long-term trends, calculation

Microsoft Excel
Total asset turnover = Net sales1 ÷ Total assets1
Dec 31, 2023 1.06 = 34,065 ÷ 32,005
Dec 31, 2022 0.93 = 28,074 ÷ 30,299
Dec 31, 2021 1.01 = 24,021 ÷ 23,710
Dec 31, 2020 0.88 = 19,811 ÷ 22,624
Dec 31, 2019 1.19 = 23,571 ÷ 19,737
Dec 31, 2018 1.25 = 23,771 ÷ 19,062
Dec 31, 2017 1.13 = 20,428 ÷ 18,075
Dec 31, 2016 1.17 = 17,509 ÷ 15,011
Dec 31, 2015 1.26 = 19,110 ÷ 15,134
Dec 31, 2014 1.22 = 19,221 ÷ 15,776
Dec 31, 2013 1.17 = 17,301 ÷ 14,728
Dec 31, 2012 1.38 = 17,334 ÷ 12,548
Dec 31, 2011 1.55 = 18,048 ÷ 11,668
Dec 31, 2010 1.27 = 13,226 ÷ 10,402
Dec 31, 2009 1.23 = 10,800 ÷ 8,816
Dec 31, 2008 1.68 = 14,342 ÷ 8,519
Dec 31, 2007 1.59 = 13,048 ÷ 8,195
Dec 31, 2006 1.52 = 11,362 ÷ 7,465
Dec 31, 2005 1.44 = 9,918 ÷ 6,885

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), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

1 US$ in millions

Comparison to Competitors

Cummins Inc., total asset turnover, long-term trends, comparison to competitors

Microsoft Excel
Cummins Inc. Boeing Co. Caterpillar Inc. Eaton Corp. plc GE Aerospace Honeywell International Inc. Lockheed Martin Corp. RTX Corp.
Dec 31, 2023 1.06 0.57 0.73 0.60 0.40 0.60 1.29 0.43
Dec 31, 2022 0.93 0.49 0.69 0.59 0.39 0.57 1.25 0.42
Dec 31, 2021 1.01 0.45 0.58 0.58 0.36 0.53 1.32 0.40
Dec 31, 2020 0.88 0.38 0.50 0.56 0.29 0.51 1.29 0.35
Dec 31, 2019 1.19 0.57 0.65 0.65 0.33 0.63 1.26 0.55
Dec 31, 2018 1.25 0.86 0.66 0.70 0.37 0.72 1.20 0.50
Dec 31, 2017 1.13 1.01 0.55 0.63 0.30 0.68 1.10 0.62
Dec 31, 2016 1.17 1.05 0.48 0.65 0.30 0.73 0.99 0.64
Dec 31, 2015 1.26 1.02 0.56 0.67 0.21 0.78 0.94 0.64
Dec 31, 2014 1.22 0.91 0.62 0.67 0.16 0.89 1.23 0.71
Dec 31, 2013 1.17 0.93 0.62 0.62 0.15 0.86 1.25 0.69
Dec 31, 2012 1.38 0.92 0.71 0.46 0.15 0.90 1.22 0.65
Dec 31, 2011 1.55 0.86 0.70 0.90 0.13 0.92 1.23 0.95
Dec 31, 2010 1.27 0.94 0.62 0.79 0.13 0.88 1.31 0.93
Dec 31, 2009 1.23 1.10 0.49 0.73 0.13 0.86 1.29 0.94
Dec 31, 2008 1.68 1.13 0.71 0.92 0.14 1.03 1.28 1.03
Dec 31, 2007 1.59 1.13 0.75 0.97 0.13 1.02 1.45 0.99
Dec 31, 2006 1.52 1.19 0.76 1.08 0.14 1.01 1.40 1.00
Dec 31, 2005 1.44 0.91 0.72 1.09 0.14 0.86 1.34 0.92

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), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

Comparison to Sector (Capital Goods)

Cummins Inc., total asset turnover, long-term trends, comparison to sector (capital goods)

Microsoft Excel
Cummins Inc. Capital Goods
Dec 31, 2023 1.06 0.57
Dec 31, 2022 0.93 0.54
Dec 31, 2021 1.01 0.50
Dec 31, 2020 0.88 0.43
Dec 31, 2019 1.19 0.54
Dec 31, 2018 1.25 0.58
Dec 31, 2017 1.13 0.54
Dec 31, 2016 1.17 0.54
Dec 31, 2015 1.26 0.46
Dec 31, 2014 1.22 0.41
Dec 31, 2013 1.17 0.39
Dec 31, 2012 1.38 0.38
Dec 31, 2011 1.55 0.36
Dec 31, 2010 1.27 0.34
Dec 31, 2009 1.23 0.33
Dec 31, 2008 1.68 0.35
Dec 31, 2007 1.59 0.34
Dec 31, 2006 1.52 0.36
Dec 31, 2005 1.44 0.33

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), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

Comparison to Industry (Industrials)

Cummins Inc., total asset turnover, long-term trends, comparison to industry (industrials)

Microsoft Excel
Cummins Inc. Industrials
Dec 31, 2023 1.06 0.67
Dec 31, 2022 0.93 0.66
Dec 31, 2021 1.01 0.60
Dec 31, 2020 0.88 0.51
Dec 31, 2019 1.19 0.61
Dec 31, 2018 1.25 0.65
Dec 31, 2017 1.13 0.61
Dec 31, 2016 1.17 0.60
Dec 31, 2015 1.26 0.53
Dec 31, 2014 1.22 0.47
Dec 31, 2013 1.17 0.46
Dec 31, 2012 1.38 0.44
Dec 31, 2011 1.55 0.43
Dec 31, 2010 1.27 0.40
Dec 31, 2009 1.23 0.38
Dec 31, 2008 1.68 0.42
Dec 31, 2007 1.59 0.40
Dec 31, 2006 1.52 0.42
Dec 31, 2005 1.44 0.39

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), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).