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)

Components

Main Geography (Y)

UNITED STATES

Cummins Revenue by Period


Cummins Revenue by Year

DateRevenueChange
2023-12-31$34.06B21.34%
2022-12-31$28.07B16.87%
2021-12-31$24.02B21.25%
2020-12-31$19.81B-15.95%
2019-12-31$23.57B-0.84%
2018-12-31$23.77B16.36%
2017-12-31$20.43B16.67%
2016-12-31$17.51B-8.38%
2015-12-31$19.11B-0.58%
2014-12-31$19.22B11.10%
2013-12-31$17.30B-0.19%
2012-12-31$17.33B-3.96%
2011-12-31$18.05B36.46%
2010-12-31$13.23B22.46%
2009-12-31$10.80B-

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

DateRevenueChange
2024-09-30$8.46B-3.87%
2024-06-30$8.80B4.68%
2024-03-31$8.40B-1.64%
2023-12-31$8.54B1.33%
2023-09-30$8.43B-2.40%
2023-06-30$8.64B2.19%
2023-03-31$8.45B8.79%
2022-12-31$7.77B5.96%
2022-09-30$7.33B11.34%
2022-06-30$6.59B3.15%
2022-03-31$6.38B9.15%
2021-12-31$5.85B-1.98%
2021-10-03$5.97B-2.34%
2021-07-04$6.11B0.31%
2021-04-04$6.09B4.49%
2020-12-31$5.83B13.91%
2020-09-27$5.12B32.87%
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$6.22B3.61%
2019-03-31$6.00B-1.99%
2018-12-31$6.13B3.08%
2018-09-30$5.94B-3.08%
2018-07-01$6.13B10.09%
2018-04-01$5.57B1.72%
2017-12-31$5.48B3.61%
2017-10-01$5.29B4.08%
2017-07-02$5.08B10.66%
2017-04-02$4.59B1.91%
2016-12-31$4.50B7.55%
2016-10-02$4.19B-7.53%
2016-07-03$4.53B5.52%
2016-04-03$4.29B-9.97%
2015-12-31$4.77B3.16%
2015-09-27$4.62B-7.88%
2015-06-28$5.01B6.50%
2015-03-29$4.71B-7.49%
2014-12-31$5.09B4.09%
2014-09-28$4.89B1.14%
2014-06-29$4.83B9.74%
2014-03-30$4.41B-3.97%
2013-12-31$4.59B7.55%
2013-09-29$4.27B-5.72%
2013-06-30$4.53B15.37%
2013-03-31$3.92B-8.62%
2012-12-31$4.29B4.23%
2012-09-30$4.12B-7.50%
2012-07-01$4.45B-0.45%
2012-04-01$4.47B-9.12%
2011-12-31$4.92B6.38%
2011-09-25$4.63B-0.32%
2011-06-26$4.64B20.23%
2011-03-27$3.86B-6.74%
2010-12-31$4.14B21.70%
2010-09-26$3.40B6.02%
2010-06-27$3.21B29.46%
2010-03-28$2.48B-27.12%
2009-12-31$3.40B-

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/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Engine$11.68B$10.95B$9.95B$8.02B$10.06B
Distribution$10.25B$8.93B$7.77B$7.14B$8.07B
Components$13.41B$9.74B$7.67B$6.02B$6.91B
Power Systems$5.67B$5.23B$4.53B$3.70B$4.50B

Cummins's latest annual revenue breakdown by segment (product or service), as of Dec 23: Components (32.69%), Engine (28.49%), Distribution (24.99%), and Power Systems (13.83%).

Quarterly Revenue by Product

Product/ServiceSep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Oct 21Jul 21Apr 21Dec 20Sep 20Jun 20Mar 20Dec 19
Engine$2.91B$3.15B$2.93B$2.78B$2.93B$2.99B$2.99B$2.64B$2.78B$2.77B$2.75B$2.43B$2.58B$2.49B$2.46B$2.33B$2.11B$1.42B$2.16B$2.28B
Components$2.72B$2.98B$3.33B$3.19B$3.24B$3.42B$3.56B$3.10B$2.70B$1.95B$1.99B$1.73B$1.79B$1.99B$2.15B$1.83B$1.54B$1.15B$1.50B$1.56B
Distribution$2.95B$2.83B$2.54B$2.71B$2.54B$2.60B$2.41B$2.32B$2.24B$2.25B$2.12B$2.06B$1.96B$1.92B$1.83B$2.00B$1.72B$1.60B$1.81B$2.04B
Power Systems$1.69B$1.59B$1.39B$1.43B$1.44B$1.46B$1.34B$1.40B$1.40B$1.25B$1.19B$1.12B$1.19B$1.17B$1.06B$1.02B$999.00M$787.00M$894.00M$1.07B

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

CountryDec 23Dec 22Dec 21Dec 20Dec 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

CountrySep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Oct 21Jul 21Apr 21Dec 20Sep 20Jun 20Mar 20Dec 19
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
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

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


TickerCompanyLast Year RevenueLast Quarter Revenue
CMICummins$34.06B$8.46B
ETNEaton$23.20B$6.34B
PHParker-Hannifin$19.93B$4.90B
EMREmerson Electric$17.49B$4.38B
ITWIllinois Tool Works$16.11B$3.97B
DOVDover$8.44B$1.98B
IRIngersoll Rand$6.88B$1.86B
PNRPentair$4.10B$993.40M
AOSA. O. Smith$3.85B$902.60M
ROKRockwell 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 Engine, Distribution, Components, and Power Systems. Engine generated $11.68B in revenue, accounting 28.49% of the company's total revenue, up 6.75% year-over-year. Distribution generated $10.25B in revenue, accounting 24.99% of the company's total revenue, up 14.78% year-over-year. Components generated $13.41B in revenue, accounting 32.69% of the company's total revenue, up 37.73% year-over-year. Power Systems generated $5.67B in revenue, accounting 13.83% of the company's total revenue, up 8.45% 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 Components. This segment made a revenue of $13.41B, representing 32.69% of the company's total revenue.