CUMMINS INC (CMI)
2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | |
|---|---|---|---|---|
| Net sales (notes 1 and 2) | 8,643 | 8,174 | 8,456 | 8,796 |
| Cost of sales | 6,362 | 6,019 | 6,285 | 6,603 |
| Gross margin | 2,281 | 2,155 | 2,171 | 2,193 |
| Equity, royalty and interest income from investees (note 4) | 118 | 131 | 99 | 103 |
| Other operating expense, net | -37 | -37 | -54 | -44 |
| Research, development and engineering expenses | 357 | 344 | 359 | 379 |
| Selling, general and administrative expenses | 779 | 771 | 807 | 828 |
| Operating income | 1,226 | 1,134 | 1,050 | 1,045 |
| Interest expense | 87 | 77 | - | 109 |
| Other income, net (note 14) | 86 | 60 | 76 | 41 |
| Interest expense | - | - | 83 | - |
| Income before income taxes | 1,225 | 1,117 | 1,043 | 977 |
| Income tax expense (note 5) | 297 | 267 | 200 | 225 |
| Consolidated net income | 928 | 850 | 843 | 752 |
| Less net income attributable to noncontrolling interests | 38 | 26 | 34 | - |
| Net income attributable to cummins inc | 890 | 824 | 809 | 752 |
| Basic (in dollars per share) | 6.46 | 5.99 | 5.9 | 5.3 |
| Basic (in shares) | 137,800,000 | 137,600,000 | 137,200,000 | 137,100,000 |
| Diluted (in dollars per share) | 6.43 | 5.96 | 5.86 | 5.26 |
| Diluted (in shares) | 138,500,000 | 138,300,000 | 138,100,000 | 137,900,000 |