secwatch.observer — SEC 8-K summary
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Issuer:     CUMMINS INC (CMI)
CIK:        0000026172
Form:       8-K
Filed at:   2025-02-04T23:59:59+00:00
Accession:  0000026172-25-000003
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cummins Q4 2024: EPS $3.02 on $8.4B revenue; full-year record; Accelera reorganization charges $312M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/26172/000002617225000003/0000026172-25-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/26172/000002617225000003/cmi-20250204.htm
  HTML page:      https://secwatch.observer/filing/0000026172-25-000003

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