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Cummins Inc
NYSE:CMI

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Cummins Inc
NYSE:CMI
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Price: 286.38 USD 2.01%
Updated: May 6, 2024

Gross Margin
Cummins Inc

24.2%
Current
24%
Average
27%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
24.2%
=
Gross Profit
8.2B
/
Revenue
34.1B

Gross Margin Across Competitors

Country US
Market Cap 39.8B USD
Gross Margin
24%
Country US
Market Cap 164.8B USD
Gross Margin
37%
Country US
Market Cap 54.9B USD
Gross Margin
24%
Country SE
Market Cap 562B SEK
Gross Margin
27%
Country DE
Market Cap 32.7B EUR
Gross Margin
21%
Country JP
Market Cap 4.7T JPY
Gross Margin
23%
Country US
Market Cap 28.7B USD
Gross Margin
32%
Country JP
Market Cap 4.3T JPY
Gross Margin
31%
Country CN
Market Cap 170.1B CNY
Gross Margin
22%
Country SE
Market Cap 247.2B SEK
Gross Margin
38%
Country CN
Market Cap 165.7B CNY
Gross Margin
8%

Profitability Report

View the profitability report to see the full profitability analysis for Cummins Inc.

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
24.2%
=
Gross Profit
8.2B
/
Revenue
34.1B
What is the Gross Margin of Cummins Inc?

Based on Cummins Inc's most recent financial statements, the company has Gross Margin of 24.2%.