Detail akcie Cummins online

Business Summary: Cummins Inc. offers complementary business segments that design, manufacture, distribute and service a portfolio of power solutions. Its segments include Components, Engine, Distribution, Power Systems and Accelera. The Components segment sells axles, drivelines, brakes and suspension systems. The Engine segment produces engines and associated parts for sale to customers in on-highway and various off-highway markets. The Distribution segment includes distributorships engaged in wholesaling engines, generator sets, service parts, performing service and repair activities. The Power Systems segment is an integrated power provider, which designs, manufactures and sells engines for industrial applications, standby and prime power generator sets, alternators and others. The Accelera segment designs, manufactures, sells and supports hydrogen production technologies as well as electrified power systems. It sells products to OEMs, distributors, dealers and other customers worldwide.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, Cummins Inc revenues increased 21% to $34.07B. Net income decreased 66% to $735M. Revenues reflect Components segment increase of 30% to $10.19B, Distribution segment increase of 15% to $10.2B, United States segment increase of 24% to $19.3B, Other foreign countries segment increase of 14% to $9.97B. Net income was offset by Selling, general and administrative expe increase of 24% to $3.33B (expense).