Cummins Q4 2024 Earnings Report
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%.
Cummins
Cummins
Cummins Revenue by Segment
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
Revenue & Expenses
Visualization of income flow from segment revenue to net income