Cummins
Income Statement

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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Cummins's past years’ income statements indicate that its last revenue has increased compared to the previous period by 21% to $34,065,000,000. Profit margin reached 2%. Total operating expenses were $4,833,000,000.

Profit Margin

Cummins Inc. (LSE:0I58.L): Profit margin
2014 19.22B 1.65B 8.59%
2015 19.09B 1.39B 7.32%
2016 17.50B 1.39B 7.96%
2017 20.42B 999M 4.89%
2018 23.77B 2.14B 9.01%
2019 23.57B 2.26B 9.59%
2020 19.81B 1.78B 9.03%
2021 24.02B 2.13B 8.87%
2022 28.07B 2.15B 7.66%
2023 34.06B 735M 2.16%

0I58.L Income Statement (2014 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue
Revenue
34.06B28.07B24.02B19.81B23.57B23.77B20.42B17.50B19.09B19.22B
Cost of revenue
25.81B21.42B18.34B14.93B17.61B18.03B15.34B13.05B14.18B14.36B
Gross profit
8.24B6.64B5.67B4.87B5.96B5.73B5.08B4.45B4.91B4.86B
Operating exp.
Research and development
1.58B1.27B1.09B906M1.00B1.02B754M768M735M875M
Selling and marketing
0000000000
Total operating expenses
4.83B3.96B3.46B3.03B3.45B2.87B3.18B2.48B2.82B2.38B
Operating income
3.44B2.68B2.20B1.84B2.50B2.39B1.90B1.78B2.09B2.01B
Other income (expenses), net
-1.82B135M542M497M329M361M460M149M-66M416M
Income before tax
1.62B2.81B2.75B2.33B2.83B2.75B2.36B1.93B2.02B2.43B
Income tax expense
786M636M587M527M566M566M1.37B474M555M698M
Net income
735M2.15B2.13B1.78B2.26B2.14B999M1.39B1.39B1.65B
Earnings per share
Basic EPS
5.1915.214.7412.0714.5413.1568.237.869.02
Diluted EPS
5.1515.1214.6112.0114.4813.155.978.237.849.02
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