Cummins (CMI) Revenue & Revenue Breakdown

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Cummins Revenue Highlights

Latest Revenue (Y)

$34.06B

Latest Revenue (Q)

$8.46B

Main Segment (Y)

On-highway

Main Geography (Y)

UNITED STATES

Cummins Revenue by Period

Cummins Revenue by Year

Date	Revenue	Change
2023-12-31	$34.06B	21.34%
2022-12-31	$28.07B	16.87%
2021-12-31	$24.02B	21.25%
2020-12-31	$19.81B	-15.95%
2019-12-31	$23.57B	-0.84%
2018-12-31	$23.77B	16.36%
2017-12-31	$20.43B	16.67%
2016-12-31	$17.51B	-8.38%
2015-12-31	$19.11B	-0.58%
2014-12-31	$19.22B	11.10%
2013-12-31	$17.30B	-0.19%
2012-12-31	$17.33B	-3.96%
2011-12-31	$18.05B	36.46%
2010-12-31	$13.23B	22.46%
2009-12-31	$10.80B	-24.70%
2008-12-31	$14.34B	9.92%
2007-12-31	$13.05B	14.84%
2006-12-31	$11.36B	14.56%
2005-12-31	$9.92B	17.54%
2004-12-31	$8.44B	34.02%
2003-12-31	$6.30B	7.57%
2002-12-31	$5.85B	3.03%
2001-12-31	$5.68B	-13.89%
2000-12-31	$6.60B	-0.63%
1999-12-31	$6.64B	5.95%
1998-12-31	$6.27B	11.40%
1997-12-31	$5.63B	7.00%
1996-12-31	$5.26B	0.23%
1995-12-31	$5.25B	10.72%
1994-12-31	$4.74B	11.52%
1993-12-31	$4.25B	-

Cummins generated $34.06B in revenue during NA 2023, up 21.34% compared to the previous quarter, and up 143.30% compared to the same period a year ago.

Cummins Revenue by Quarter

Date	Revenue	Change
2024-09-30	$8.46B	-3.87%
2024-06-30	$8.80B	4.68%
2024-03-31	$8.40B	-1.64%
2023-12-31	$8.54B	1.33%
2023-09-30	$8.43B	-2.40%
2023-06-30	$8.64B	2.19%
2023-03-31	$8.45B	8.79%
2022-12-31	$7.77B	5.96%
2022-09-30	$7.33B	11.34%
2022-06-30	$6.59B	3.15%
2022-03-31	$6.38B	9.15%
2021-12-31	$5.85B	-1.98%
2021-10-03	$5.97B	-2.34%
2021-07-04	$6.11B	0.31%
2021-04-04	$6.09B	4.49%
2020-12-31	$5.83B	13.91%
2020-09-27	$5.12B	32.87%
2020-06-28	$3.85B	-23.13%
2020-03-29	$5.01B	-10.16%
2019-12-31	$5.58B	-3.29%
2019-09-29	$5.77B	-7.28%
2019-06-30	$6.22B	3.61%
2019-03-31	$6.00B	-1.99%
2018-12-31	$6.13B	3.08%
2018-09-30	$5.94B	-3.08%
2018-07-01	$6.13B	10.09%
2018-04-01	$5.57B	1.72%
2017-12-31	$5.48B	3.61%
2017-10-01	$5.29B	4.08%
2017-07-02	$5.08B	10.66%
2017-04-02	$4.59B	1.91%
2016-12-31	$4.50B	7.55%
2016-10-02	$4.19B	-7.53%
2016-07-03	$4.53B	5.52%
2016-04-03	$4.29B	-9.97%
2015-12-31	$4.77B	3.16%
2015-09-27	$4.62B	-7.88%
2015-06-28	$5.01B	6.50%
2015-03-29	$4.71B	-7.49%
2014-12-31	$5.09B	4.09%
2014-09-28	$4.89B	1.14%
2014-06-29	$4.83B	9.74%
2014-03-30	$4.41B	-3.97%
2013-12-31	$4.59B	7.55%
2013-09-29	$4.27B	-5.72%
2013-06-30	$4.53B	15.37%
2013-03-31	$3.92B	-8.62%
2012-12-31	$4.29B	4.23%
2012-09-30	$4.12B	-7.50%
2012-07-01	$4.45B	-0.45%
2012-04-01	$4.47B	-9.12%
2011-12-31	$4.92B	6.38%
2011-09-25	$4.63B	-0.32%
2011-06-26	$4.64B	20.23%
2011-03-27	$3.86B	-6.74%
2010-12-31	$4.14B	21.70%
2010-09-26	$3.40B	6.02%
2010-06-27	$3.21B	29.46%
2010-03-28	$2.48B	-27.12%
2009-12-31	$3.40B	34.39%
2009-09-27	$2.53B	4.07%
2009-06-28	$2.43B	-0.33%
2009-03-29	$2.44B	-25.82%
2008-12-31	$3.29B	-10.97%
2008-09-28	$3.69B	-4.99%
2008-06-29	$3.89B	11.89%
2008-03-30	$3.47B	-

Cummins generated $8.46B in revenue during Q3 2024, up -3.87% compared to the previous quarter, and up 97.89% compared to the same period a year ago.

Cummins Revenue Breakdown

Cummins Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Light-duty automotive	$1.75B	$1.70B	$1.84B	$1.44B	$1.66B
Medium-duty truck and bus	$2.62B	$2.41B	$1.98B	$1.63B	$2.24B
Off-highway	$1.11B	$1.09B	$1.25B	$1.05B	$1.04B
On-highway	$7.76B	$7.11B	$6.33B	$4.87B	$6.53B
PSBU - Power Generation	$1.70B	$1.66B	$1.48B	$1.16B	$1.41B
Parts	$4.05B	$3.81B	$3.14B	$2.92B	$3.28B
Service	$1.66B	$1.55B	$1.36B	$1.26B	$1.47B
Eaton Automated Transmission Technologies	$714.00M	$593.00M	$481.00M	$303.00M	$534.00M
Emission solutions	$3.42B	$3.09B	$3.14B	$2.35B	$2.76B
Engine Product Line	$1.99B	$1.77B	$1.49B	$1.25B	$1.51B
Generator technologies	$457.00M	$450.00M	$349.00M	$262.00M	$348.00M
Heavy-duty truck	$3.39B	$3.00B	$2.51B	$1.80B	$2.63B
Industrial	$970.00M	$843.00M	$820.00M	$638.00M	$908.00M
Electronics and Fuel systems	-	$224.00M	$351.00M	$317.00M	$236.00M
Filtration	-	$1.26B	$1.17B	$1.00B	$1.02B
DBU - Power Generation	-	$1.77B	$1.75B	$1.69B	$1.78B
Turbo technologies	-	$806.00M	$787.00M	$673.00M	$696.00M

Cummins's latest annual revenue breakdown by segment (product or service), as of Dec 23: On-highway (24.56%), Parts (12.82%), Emission solutions (10.84%), Heavy-duty truck (10.73%), Medium-duty truck and bus (8.30%), Engine Product Line (6.29%), Light-duty automotive (5.53%), PSBU - Power Generation (5.37%), Service (5.27%), Off-highway (3.52%), Industrial (3.07%), Eaton Automated Transmission Technologies (2.26%), and Generator technologies (1.45%).

Quarterly Revenue by Product

Product/Service	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Oct 21	Jul 21	Apr 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19
Distribution	$2.95B	$2.83B	$2.54B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Components	$2.72B	$2.98B	$3.33B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Power Systems	$1.69B	$1.59B	$1.39B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Engine	$2.91B	$3.15B	$2.93B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Light-duty automotive	-	-	$438.00M	$412.00M	$451.00M	$444.00M	$441.00M	$327.00M	$465.00M	$425.00M	$487.00M	$413.00M	$492.00M	$466.00M	$474.00M	$466.00M	$502.00M	$146.00M	$327.00M	$440.00M
Industrial	-	-	$238.00M	$300.00M	$263.00M	$218.00M	$189.00M	$216.00M	$226.00M	$213.00M	$188.00M	$199.00M	$209.00M	$233.00M	$179.00M	$161.00M	$167.00M	$145.00M	$165.00M	$204.00M
Heavy-duty truck	-	-	$811.00M	$790.00M	$885.00M	$856.00M	$860.00M	$763.00M	$751.00M	$797.00M	$684.00M	$570.00M	$662.00M	$666.00M	$613.00M	$574.00M	$486.00M	$221.00M	$519.00M	$514.00M
Generator technologies	-	-	$110.00M	$103.00M	$115.00M	$129.00M	$110.00M	$119.00M	$122.00M	$113.00M	$96.00M	$98.00M	$84.00M	$85.00M	$82.00M	$71.00M	$66.00M	$59.00M	$66.00M	$82.00M
Engine Product Line	-	-	$422.00M	$497.00M	$507.00M	$527.00M	$456.00M	$455.00M	$449.00M	$428.00M	$438.00M	$435.00M	$376.00M	$349.00M	$333.00M	$369.00M	$278.00M	$276.00M	$322.00M	$367.00M
Emission solutions	-	-	$856.00M	$841.00M	$803.00M	$842.00M	$939.00M	$763.00M	$748.00M	$767.00M	$808.00M	$676.00M	$699.00M	$801.00M	$966.00M	$776.00M	$612.00M	$394.00M	$570.00M	$619.00M
Eaton Automated Transmission Technologies	-	-	$165.00M	$169.00M	$187.00M	$180.00M	$178.00M	$157.00M	$159.00M	$143.00M	$134.00M	$107.00M	$112.00M	$147.00M	$115.00M	$88.00M	$90.00M	$43.00M	$82.00M	$83.00M
DBU - Power Generation	-	-	$705.00M	$609.00M	$491.00M	$501.00M	$428.00M	$440.00M	$398.00M	$449.00M	$437.00M	$452.00M	$416.00M	$520.00M	$415.00M	$376.00M	$375.00M	$485.00M	-	-
Service	-	-	$405.00M	$415.00M	$420.00M	$429.00M	$400.00M	$401.00M	$413.00M	$392.00M	$349.00M	$343.00M	$343.00M	$349.00M	$324.00M	$332.00M	$303.00M	$296.00M	$327.00M	$365.00M
Parts	-	-	$997.00M	$998.00M	$991.00M	$1.01B	$1.05B	$954.00M	$942.00M	$987.00M	$926.00M	$823.00M	$796.00M	$763.00M	$754.00M	$766.00M	$719.00M	$653.00M	$783.00M	$814.00M
PSBU - Power Generation	-	-	$360.00M	$451.00M	$420.00M	$447.00M	$380.00M	$426.00M	$425.00M	$408.00M	$399.00M	$354.00M	$395.00M	$381.00M	$351.00M	$328.00M	$334.00M	$224.00M	$269.00M	$354.00M
On-highway	-	-	$1.99B	$1.86B	$1.99B	$1.99B	$1.92B	$1.71B	$1.80B	$1.84B	$1.76B	$1.50B	$1.66B	$1.61B	$1.57B	$1.49B	$1.38B	$665.00M	$1.34B	$1.43B
Off-highway	-	-	$253.00M	$259.00M	$244.00M	$276.00M	$334.00M	$287.00M	$264.00M	$250.00M	$287.00M	$313.00M	$306.00M	$311.00M	$325.00M	$300.00M	$240.00M	$272.00M	$243.00M	$258.00M
Medium-duty truck and bus	-	-	$738.00M	$662.00M	$656.00M	$687.00M	$617.00M	$618.00M	$583.00M	$620.00M	$591.00M	$517.00M	$501.00M	$477.00M	$483.00M	$452.00M	$389.00M	$298.00M	$490.00M	$479.00M
Filtration	-	-	-	-	$324.00M	$341.00M	$342.00M	$310.00M	$322.00M	$319.00M	$308.00M	$279.00M	$288.00M	$303.00M	$301.00M	$290.00M	$260.00M	$206.00M	$249.00M	$253.00M
Electronics and Fuel systems	-	-	-	-	-	-	-	$47.00M	$54.00M	$53.00M	$70.00M	$65.00M	$71.00M	$98.00M	$117.00M	$94.00M	$76.00M	$91.00M	$56.00M	$69.00M
Turbo technologies	-	-	-	-	-	-	-	$209.00M	$205.00M	$195.00M	$197.00M	$178.00M	$177.00M	$207.00M	$225.00M	$210.00M	$163.00M	$142.00M	$158.00M	$174.00M

Cummins's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Distribution (28.73%), Engine (28.35%), Components (26.51%), and Power Systems (16.42%).

Cummins Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
UNITED STATES	$19.30B	$15.55B	$12.49B	$10.61B	$13.52B
Non-US	$9.97B	$8.74B	$7.23B	$5.69B	$6.87B

Cummins's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (65.94%), and Non-US (34.06%).

Quarterly Revenue by Country

Country	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Oct 21	Jul 21	Apr 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19
UNITED STATES	$4.83B	$5.12B	$4.79B	$4.68B	$4.89B	$4.94B	$4.80B	$4.19B	$4.12B	$3.79B	$3.46B	$2.99B	$3.18B	$3.26B	$3.06B	$3.08B	$2.81B	$1.86B	$2.85B	$3.06B
Non-US	$2.49B	$2.50B	$2.45B	$2.54B	$2.45B	$2.53B	$2.45B	$2.55B	$2.26B	$1.97B	$1.97B	$1.87B	$1.82B	$1.80B	$1.75B	$1.68B	$1.44B	$1.11B	$1.47B	$1.68B

Cummins's latest quarterly revenue breakdown by geography, as of Sep 24: UNITED STATES (65.98%), and Non-US (34.02%).

Cummins Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
CMI	Cummins	$34.06B	$8.46B
ETN	Eaton	$23.20B	$6.34B
PH	Parker-Hannifin	$19.93B	$4.90B
EMR	Emerson Electric	$17.49B	$4.38B
ITW	Illinois Tool Works	$16.11B	$3.97B
DOV	Dover	$8.44B	$1.98B
IR	Ingersoll Rand	$6.88B	$1.86B
PNR	Pentair	$4.10B	$993.40M
AOS	A. O. Smith	$3.85B	$902.60M
ROK	Rockwell Automation	$3.19B	$2.13B

CMI Revenue FAQ

What is Cummins’s yearly revenue?

Cummins's yearly revenue for 2023 was $34.06B, representing an increase of 21.34% compared to 2022. The company's yearly revenue for 2022 was $28.07B, representing an increase of 16.87% compared to 2021. CMI's yearly revenue for 2021 was $24.02B, representing an increase of 21.25% compared to 2020.

What is Cummins’s quarterly revenue?

Cummins's quarterly revenue for Q3 2024 was $8.46B, a -3.87% decrease from the previous quarter (Q2 2024), and a 0.30% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $8.8B, a 4.68% increase from the previous quarter (Q1 2024), and a 1.83% increase year-over-year (Q2 2023). CMI's quarterly revenue for Q1 2024 was $8.4B, a -1.64% decrease from the previous quarter (Q4 2023), and a -0.59% decrease year-over-year (Q1 2023).

What is Cummins’s revenue growth rate?

Cummins's revenue growth rate for the last 3 years (2021-2023) was 41.81%, and for the last 5 years (2019-2023) was 44.52%.

What are Cummins’s revenue streams?

Cummins's revenue streams in c 23 are Light-duty automotive, Medium-duty truck and bus, Off-highway, On-highway, PSBU - Power Generation, Parts, Service, Eaton Automated Transmission Technologies, Emission solutions, Engine Product Line, Generator technologies, Heavy-duty truck, and Industrial. Light-duty automotive generated $1.75B in revenue, accounting 5.53% of the company's total revenue, up 2.58% year-over-year. Medium-duty truck and bus generated $2.62B in revenue, accounting 8.30% of the company's total revenue, up 8.71% year-over-year. Off-highway generated $1.11B in revenue, accounting 3.52% of the company's total revenue, up 2.30% year-over-year. On-highway generated $7.76B in revenue, accounting 24.56% of the company's total revenue, up 9.14% year-over-year. PSBU - Power Generation generated $1.7B in revenue, accounting 5.37% of the company's total revenue, up 2.41% year-over-year. Parts generated $4.05B in revenue, accounting 12.82% of the company's total revenue, up 6.38% year-over-year. Service generated $1.66B in revenue, accounting 5.27% of the company's total revenue, up 7.01% year-over-year. Eaton Automated Transmission Technologies generated $714M in revenue, accounting 2.26% of the company's total revenue, up 20.40% year-over-year. Emission solutions generated $3.42B in revenue, accounting 10.84% of the company's total revenue, up 10.99% year-over-year. Engine Product Line generated $1.99B in revenue, accounting 6.29% of the company's total revenue, up 12.26% year-over-year. Generator technologies generated $457M in revenue, accounting 1.45% of the company's total revenue, up 1.56% year-over-year. Heavy-duty truck generated $3.39B in revenue, accounting 10.73% of the company's total revenue, up 13.22% year-over-year. Industrial generated $970M in revenue, accounting 3.07% of the company's total revenue, up 15.07% year-over-year.

What is Cummins’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Cummins was On-highway. This segment made a revenue of $7.76B, representing 24.56% of the company's total revenue.