earnings
confidence high
sentiment neutral
materiality 0.80
Cummins Q4 2024: EPS $3.02 on $8.4B revenue; full-year record; Accelera reorganization charges $312M
CUMMINS INC
2024-FY EPS reported
$28.37
revenue$34,102,000,000
- Q4 net income $418M ($3.02 EPS) vs year-ago net loss; includes $312M Accelera reorganization charge ($2.14/dil share).
- Full-year 2024 record revenue $34.1B, net income $3.9B ($28.37 EPS), EBITDA 18.6% of sales.
- 2025 outlook: revenue down 2% to up 3%, EBITDA margin 16.2%-17.2%.
- Segment: Distribution +13%, Power Systems +22% driven by data center demand; Components -17% due to Atmus separation.
- Accelera EBITDA loss $431M including reorganization; zero-emission adoption slowed.