UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended June 30, 2023 Commission File Number 1-4949 CUMMINS INC. (Exact name of registrant as specified in its charter) Indiana 35-0257090 (State of Incorporation) (IRS Employer Identification No.) 500 Jackson Street Box 3005 Columbus, Indiana 47202-3005 (Address of principal executive offices) Telephone (812) 377-500 ...

Cummins Inc. (NYSE:CMI) Deutsch Bank 14th Annual Global Industrials & Materials Summit Conference Transcript June 7, 2023 2:00 PM ET Executives Tony Satterthwaite - Vice Chairman Chris Clulow - Head, Investor Relations Analysts Nicole DeBlase - Deutsche Bank Nicole DeBlase Okay. I think we are live again. So for those of you that don’t know me or haven’t been in all the sessions today, I am Nicole DeBlase. I cover multi-industry electrical equipment, as well as machinery at DB. Next up on the presentation s ...

Cummins Inc. (NYSE:CMI) Q1 2023 Earnings Conference Call May 2, 2023 10:00 AM ET Company Participants Chris Clulow - Vice President-Investor Relations Jennifer Rumsey - President & Chief Executive Officer Mark Smith - Chief Financial Officer Conference Call Participants Jerry Revich - Goldman Sachs Tim Thein - Citi Jamie Cook - Credit Suisse David Raso - Evercore ISI Rob Wertheimer - Melius Research Steven Fisher - UBS Matt Elkott - TD Cowen Operator Greetings and welcome to the Cummins Inc. First Quarter 2 ...

销售业绩 - 2023年第一季度，公司销售额达到85.3亿美元，同比增长32%[94] - 2023年第一季度，Cummins Inc.的净销售额为85.3亿美元，比2022年同期增长32%[102] - 经营部门销售额和EBITDA均有所增长，其中Components部门销售额占比42%，EBITDA增长58%[95] - 组件部门销售额增长79%，主要是由于Meritor收购带来的轴和刹车销售增加[103] - 组件部门的外部销售额为304.3亿美元，较去年同期增长了79%[124] - 组件部门销售额在2023年3月31日的三个月内增加了15.69亿美元，其中轴和制动系统销售额增加了13.2亿美元，排放解决方案销售额增加了1.46亿美元[126] - 发动机部门销售额在2023年3月31日的三个月内增加了7.9亿美元，其中重型卡车销售额增加了2.06亿美元，中型卡车和公交车销售额增加了5500万美元[130] - 配送部门销售额在2023年3月31日的三个月内增加了2.89亿美元，其中北美销售额增加了3.28亿美元[137] - 电力系统部门销售额在2023年3月31日的三个月内增加了1.83亿美元，其中发电销售额增加了1.06亿美元[143] 财务表现 - 净利润达到7.9亿美元，每股收益为5.55美元，较去年同期有显著增长[94] - Cummins Inc.的净利润为8.06亿美元，比去年同期增长了91%[102] - 2023年第一季度，Cummins Inc.的毛利润增加了4.97亿美元，保持了与去年同期相同的净销售比例[107] - Cummins Inc.的有效税率预计为22.0%，不包括可能出现的离散项目[115] - 非控股利益在2023年第一季度增加了1,100万美元，主要是由于Eaton Cummins Joint Venture和Cummins India Limited的盈利增加[119] - Cummins Inc.的外币翻译调整为2023年第一季度净收益8200万美元，较2022年同期的净收益400万美元有所增加[120] 现金流量 - 现金流量方面，公司2023年第一季度从运营活动中产生了4.95亿美元现金，较去年同期增长了2.95亿美元[97] - 2023年第一季度，经营活动产生的净现金流增加了3.31亿美元，主要归因于净收入增加和较低的工作资本需求[154] - 投资活动中的净现金流出增加了2.18亿美元，主要由于资本支出增加[155] - 融资活动中的净现金流出减少了1.34亿美元，主要由于未进行普通股回购[156] - 汇率变动对现金和现金等价物的影响为52百万美元，主要由于英镑不利波动[157] - 公司主要的国际现金和现金等价物位于新加坡、中国、比利时、加拿大、澳大利亚、墨西哥和印度，总额为24.39亿美元[158] 市场展望 - 公司预计北美的轻型、中型和重型卡车需求将保持强劲，印度卡车市场需求也将继续增长[149] - 公司预计中国卡车市场需求将从2022年的低水平改善[149] 风险挑战 - 公司继续面临供应链中断和成本上涨的挑战，影响了销售成本和库存持有成本[147] - 材料和劳动力成本的持续增加，以及通货膨胀压力可能会对收益产生负面影响[150] - 公司完成了Meritor, Inc.的收购，对流动性产生影响，导致利息支出增加，对净收入产生负面影响[151] 资本支出和财务策略 - 公司计划在2023年投资12亿至13亿美元的资本支出，其中60%以上将投资于北美[175] - 公司在2023年将重点偿还债务以维持强劲的信用评级[176] - 公司在2021年12月获得董事会授权，可在2019年授权的20亿美元回购计划完成后，再额外回购高达20亿美元的普通股[178] - 截至2023年3月31日，公司的可赎回非控股权益余额为2.61亿美元，涉及Hydrogenics公司的少数股东权益[179] - 公司的信用评级和展望分别为标准普尔评级服务A+，摩ody's投资者服务公司A2，展望均为稳定[180]

Cummins, Inc. (NYSE:CMI) Barclays 2023 Industrial Select Conference February 23, 2023 10:55 AM ET Company Participants Jeff Wiltrout - Vice President, Corporate Strategy Christopher Clulow - VP of Investor Relations Conference Call Participants Adam Seiden - Barclays Adam Seiden My name is Adam Seiden. I'm the U.S. machinery construction head here at Barclays. Joining us at this session is the team from Cummins. We have with us Jeff Wiltrout, from the strategy team -- Cummins strategy leader; as well as Chr ...

Cummins Inc. (NYSE:CMI) Citi’s 2023 Global Industrial Tech & Mobility Conference February 21, 2023 10:30 AM ET Company Participants Chris Clulow - VP, IR Jeff Wiltrout - Corporate Strategy Conference Call Participants Tim Thein - Citi Tim Thein We’re moving along here. Thanks, everyone, for coming out. I’m really excited to have the team from Cummins here. A brief hiatus last year, but they have been long and loyal supporters for this conference. So, thank you guys for being here. Chris Clulow, directly to ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2022 Commission File Number 1-4949 CUMMINS INC. Indiana 35-0257090 (State of Incorporation) (IRS Employer Identification No.) 500 Jackson Street Box 3005 Columbus, Indiana 47202-3005 (Address of principal executive offices) Telephone (812) 377-5000 Securities registered pursuant to Section 12(b) of the Ac ...

Cummins Inc. (NYSE:CMI) Q4 2022 Results Conference Call February 6, 2023 10:00 AM ET Company Participants Chris Clulow - VP, IR Jennifer Rumsey - President and CEO Mark Smith - CFO Conference Call Participants Jerry Revich - Goldman Sachs Jamie Cook - Credit Suisse Stephen Volkmann - Jefferies David Raso - Evercore ISI Rob Wertheimer - Melius Research Nicole DeBlase - Deutsche Bank Matt Elkott - Cowen Noah Kaye - Oppenheimer Tami Zakaria - JPMorgan Michael Feniger - Bank of America Operator Greetings, and w ...

Cummins Inc. (NYSE:CMI) Q3 2022 Earnings Conference Call November 3, 2022 10:00 AM ET Company Participants Christopher Clulow - VP & Corporate Controller Jennifer Rumsey - President and CEO Mark Smith - CFO & VP Conference Call Participants Stephen Volkmann - Jefferies Jamie Cook - Crédit Suisse Robert Wertheimer - Melius Research David Raso - Evercore ISI Jerry Revich - Goldman Sachs Tami Zakaria - J.P. Morgan Steven Fisher - UBS Matthew Elkott - Cowen and Company Noah Kaye - Oppenheimer & Company Operator ...

Cummins, Inc. (NYSE:CMI) Q2 2022 Earnings Conference Call August 2, 2022 10:00 AM ET Company Participants Christopher Clulow - VP & Corporate Controller Thomas Linebarger - Executive Chairman Jennifer Rumsey - President, CEO & Director Mark Smith - CFO & VP Conference Call Participants Jerry Revich - Goldman Sachs Group Timothy Thein - Citigroup Jamie Cook - Crédit Suisse Noah Kaye - Oppenheimer Jeffrey Kauffman - Vertical Research Partners Matthew Elkott - Cowen and Company Robert Wertheimer - Melius Resea ...