For the year ending 2025-12-31, CMI made $33,670M in revenue. $2,957M in net income. Net profit margin of 8.78%.
| Income Statement | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net sales | 33,670 | 34,102 | 34,065 | 28,074 |
| Cost of sales | 25,154 | 25,663 | 25,816 | 21,355 |
| Gross margin | 8,516 | 8,439 | 8,249 | 6,719 |
| Selling, general and administrative expenses | 3,125 | 3,275 | 3,333 | 2,687 |
| Research, development and engineering expenses | 1,396 | 1,463 | 1,500 | 1,278 |
| Equity, royalty and interest income from investees | 469 | 395 | 483 | 349 |
| Other operating expense, net | -439 | -346 | -2,138 | -174 |
| Operating income | 4,025 | 3,750 | 1,761 | 2,929 |
| Interest expense | 329 | 370 | 375 | 199 |
| Other income, net (note 21) | 267 | 1,523 | 240 | 89 |
| Income (loss), including portion attributable to noncontrolling interest, before tax | 3,963 | 4,903 | 1,626 | - |
| Income before income taxes | - | - | - | 2,819 |
| Income tax expense (note 4) | 1,006 | 835 | 786 | 636 |
| Consolidated net income | 2,957 | 4,068 | 840 | 2,183 |
| Basic (in dollars per share) | 20.62 | 28.55 | 5.19 | 15.2 |
| Basic (in shares) | 137,900,000 | 138,200,000 | 141,700,000 | 141,500,000 |
| Diluted (in dollars per share) | 20.5 | 28.37 | 5.15 | 15.12 |
| Diluted (in shares) | 138,700,000 | 139,100,000 | 142,700,000 | 142,300,000 |
CUMMINS INC (CMI)
CUMMINS INC (CMI)