CMI
Price:
$372.62
Market Cap:
$51.12B
Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, electric and hybrid powertrains, and related components worldwide. It operates through five segments: Engine, Distribution, Components, Power Systems, and New Power. The company offers diesel and natural gas-powered engines under the Cummins and other customer brands for the heavy and medium-duty truck, bus, recreational vehicle, light-duty automotive, construction, mining, marine, rail, oil and gas, defense, and agricultural markets; and offers new parts and services, as well as remanufactured parts and engines. It also provides power generation systems, high-horsepower engines, heavy and medium du...[Read more]
Industry
Industrial - Machinery
IPO Date
1947-10-03
Stock Exchange
NYSE
Ticker
CMI
According to Cummins Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.32. This represents a change of 1.99% compared to the average of 1.29 of the last 4 quarters.
The mean historical Current Ratio of Cummins Inc. over the last ten years is 1.68. The current 1.32 Current Ratio has changed 7.76% with respect to the historical average. Over the past ten years (40 quarters), CMI's Current Ratio was at its highest in in the December 2014 quarter at 2.25. The Current Ratio was at its lowest in in the December 2023 quarter at 1.18.
Average
1.68
Median
1.66
Minimum
1.18
Maximum
2.25
Discovering the peaks and valleys of Cummins Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 25.24%
Maximum Annual Current Ratio = 2.25
Minimum Annual Increase = -27.18%
Minimum Annual Current Ratio = 1.18
Year | Current Ratio | Change |
---|---|---|
2023 | 1.18 | -6.91% |
2022 | 1.27 | -27.18% |
2021 | 1.74 | -7.48% |
2020 | 1.88 | 25.24% |
2019 | 1.50 | -2.50% |
2018 | 1.54 | -2.21% |
2017 | 1.57 | -11.75% |
2016 | 1.78 | -14.72% |
2015 | 2.09 | -7.21% |
2014 | 2.25 | -12.21% |
The current Current Ratio of Cummins Inc. (CMI) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.39
5-year avg
1.51
10-year avg
1.68
Cummins Inc.’s Current Ratio is less than Illinois Tool Works Inc. (1.36), less than Dover Corporation (1.57), less than Eaton Corporation plc (1.53), greater than Parker-Hannifin Corporation (0.96), less than Emerson Electric Co. (1.77), greater than Rockwell Automation, Inc. (1.08), less than Ingersoll Rand Inc. (2.36), less than Pentair plc (1.60), less than A. O. Smith Corporation (1.67),
Company | Current Ratio | Market cap |
---|---|---|
1.36 | $80.90B | |
1.57 | $28.09B | |
1.53 | $149.15B | |
0.96 | $90.99B | |
1.77 | $74.17B | |
1.08 | $32.84B | |
2.36 | $41.91B | |
1.60 | $17.67B | |
1.67 | $10.71B |
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What is the Current Ratio?
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What is Cummins Inc.'s Current Ratio?
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What is the 5-year average Current Ratio for Cummins Inc. (CMI)?
How does the current Current Ratio for Cummins Inc. (CMI) compare to its historical average?