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Dec 31, 2024
Cummins Q4 2024 Earnings Report
Cummins reported strong Q4 and full year results, with charges associated with the reorganization of Accelera.
Key Takeaways
Cummins delivered strong operational results in the fourth quarter and achieved record full year revenues, net income, EBITDA and EPS, despite a decline in heavy duty truck demand in North America. Fourth quarter revenues were $8.4 billion, and net income attributable to Cummins was $418 million, or $3.02 per diluted share.
Fourth quarter revenues reached $8.4 billion.
GAAP Net Income for the fourth quarter was $418 million, or 4.9% of sales.
Diluted EPS for the fourth quarter was $3.02.
Full year 2025 revenues are expected to range from down 2% to up 3%.
Forward Guidance
Cummins projects full year 2025 revenue to be in the range of down 2% to up 3%, and EBITDA to be in the range of 16.2% and 17.2% of sales.
Positive Outlook
- Demand will be slightly weaker in the North America on-highway truck markets, particularly in the first half of the year, but offset by strength in other key markets.
- Improve profitability and cash flow.
- Cummins remains well-positioned to deliver strong financial performance.
- Invest in future growth
- Return cash to shareholders
Historical Earnings Impact
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Avg. Return Before/After Earnings
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