Cummins Inc - Company Profile
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Cummins Inc (Cummins) is a power technology company. It designs, manufactures, and distributes diesel and natural gas engines and power train-related component products. The company's offerings include air handling systems, after-treatment, fuel systems, control systems, turbochargers, filtration, electric power generation systems, transmissions, batteries, and electrified power systems. It offers products to original equipment manufacturers, dealers, distributors, and other customers. It serves customers in diversified sectors across North America, Europe, Asia Pacific, and South Pacific. The company has distribution, manufacturing, and other facilities across the world. Cummins is headquartered in Columbus, Indiana, the US.
Headquarters
United States of America
Address
500 Jackson St, Box 3005 Mail Code 93050, Columbus, Indiana, 47202-3005
Website
www.cummins.com
Telephone
1 812 3773842
No of Employees
75,500
Industry
Industrial Goods and Machinery
Ticker Symbol & Exchange
CMI (NYSE)
Revenue (2022)
$34.1B
21.3%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-65.8%
(2022 vs 2021)
Market Cap*
$39.2B
Net Profit Margin (2022)
XYZ
-71.8%
(2022 vs 2021)
* As of and is in US$
Cummins Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Engines: | Engineering | AVK |
| Medium-Duty Truck and Bus | Customer assistance | Fleetguard |
| Heavy-Duty Truck | Maintenance Contracts | Cummins |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Corporate Changes/Expansions | In April, the company announced the inauguration of new production line for electrified technologies in Marktheidenfeld. |
| 2024 | New Products/Services | In April, the company announced the launch of next generation x15 off highway engine. |
| 2024 | Contracts/Agreements | In April, the company along with Purdue University entered into a partnership with the Indiana Department of Transportation to establish and test the billed as the first stretch of highway in the US. |
Competitor Comparison
| Key Parameters | Cummins Inc | Robert Bosch GmbH | Caterpillar Inc | Denso Corp | ZF Friedrichshafen AG |
|---|---|---|---|---|---|
| Headquarters | United States of America | Germany | United States of America | Japan | Germany |
| City | Columbus | Stuttgart | Irving | Kariya-Shi | Friedrichshafen |
| State/Province | Indiana | - | Texas | Aichi | Baden-Wurttemberg |
| No. of Employees | 75,500 | 421,338 | 113,200 | 164,572 | 151,895 |
| Entity Type | Public | Private | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Jennifer Rumsey | Chief Executive Officer; Chairman | Executive Board | 2023 | 50 |
| Mark A. Smith | Vice President; Chief Financial Officer | Senior Management | 2019 | 56 |
| Jonathan Wood | Vice President; Chief Technology Officer | Senior Management | 2023 | 53 |
| Nicole Y. Lamb-Hale | Vice President; Chief Legal Officer; Secretary | Senior Management | 2023 | 57 |
| Sharon R Barner | Chief Administrative Officer; Secretary; Vice President | Senior Management | 2021 | 66 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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