Summary
Cummins Inc. (CMI) filed its 2015 10-K on February 11, 2016, detailing its performance and strategic positioning for the fiscal year ending December 30, 2015. The report highlights the company's diversified business across four key segments: Engine, Distribution, Components, and Power Generation. Despite a dynamic global economic environment, Cummins demonstrated resilience through its broad product portfolio and extensive distribution network. The company's focus on innovation, environmental sustainability, and operational efficiency continues to be a cornerstone of its strategy, aiming to drive long-term shareholder value.
Financial Highlights
52 data pointsBeta
Financial Statements
Beta
| Revenue | $19.11B |
| Cost of Revenue | $14.16B |
| Gross Profit | $4.95B |
| R&D Expenses | $735.00M |
| SG&A Expenses | $2.09B |
| Operating Income | $2.06B |
| Interest Expense | $65.00M |
| Net Income | $1.40B |
| EPS (Basic) | $7.86 |
| EPS (Diluted) | $7.84 |
| Shares Outstanding (Basic) | 178.04M |
| Shares Outstanding (Diluted) | 178.41M |
Key Highlights
- 1The company operates through four distinct segments: Engine, Distribution, Components, and Power Generation, providing a diversified revenue stream.
- 2Cummins emphasizes Research and Development (R&D) as a key driver for innovation and future growth, investing in new technologies and product enhancements.
- 3Environmental Sustainability and Compliance are significant areas of focus, reflecting the company's commitment to responsible operations and meeting evolving regulatory standards.
- 4The report details a global supply chain and relationships with the largest customers, underscoring the company's international reach and market penetration.
- 5Information on Seasonality is provided, indicating potential fluctuations in demand throughout the year for certain products or segments.
- 6The company maintains a robust backlog, suggesting a healthy pipeline of future orders and demand for its products and services.