Cummins Inc Stock Price, News & Analysis

Cummins (NYSE: CMI) declared a quarterly cash dividend of $2.00 per share. The dividend is payable on December 4, 2025 to shareholders of record on November 21, 2025. This is a regular common stock cash dividend announcement providing a specific payment and record date for investors.

Cummins (NYSE: CMI) and Komatsu have signed a memorandum of understanding to jointly develop hybrid powertrains for surface mining heavy equipment. The collaboration, which includes Wabtec as a drive system supplier, aims to accelerate decarbonization in large mining haul truck applications.

The partnership leverages Cummins' recent acquisition of First Mode assets and builds upon their existing relationship in diesel engine supply. The hybrid solutions are expected to deliver double-digit fuel savings and improved productivity through faster cycle times. Initial First Mode retrofit kit pilots will be deployed in the coming months, with plans for full-scale commercialization well before 2030.

Cummins (NYSE: CMI) reported mixed Q2 2025 results with revenues of $8.6 billion, down 2% year-over-year, while net income rose to $890 million ($6.43 per diluted share) from $726 million in 2024. EBITDA margin improved to 18.4% from 15.3% last year.

The company saw contrasting performance across segments, with Power Systems and Distribution achieving record profitability, while Engine and Components segments declined. North American sales dropped 6%, but international revenues grew 5%. The company increased its quarterly dividend from $1.82 to $2.00 per share.

Due to economic uncertainty and declining North America truck build rates expected in H2 2025, Cummins is not providing full-year guidance. The company launched a new 17-liter engine platform generator capable of producing up to 1 megawatt of power.

Cummins (NYSE: CMI) announced a 10% increase in its quarterly common stock cash dividend from $1.82 to $2.00 per share. The dividend will be paid on September 4, 2025, to shareholders of record on August 22, 2025.

This marks the company's 16th consecutive year of increasing its quarterly common stock dividend to shareholders, demonstrating a consistent commitment to returning value to investors.

Cummins Inc. (NYSE: CMI) has announced the election of Matthew Tsien to its Board of Directors. Tsien brings over 40 years of automotive industry experience, most recently serving as Executive Vice President and Chief Technology Officer at General Motors (GM).

As former GM CTO, Tsien led future technology initiatives and accelerated electrification investments. His experience includes roles as President of GM Ventures and GM China. He currently serves on the boards of AGCO Corporation and Magna International. Tsien holds degrees from Kettering University, Stanford University, and MIT.

Cummins Inc. (NYSE: CMI) has announced its latest quarterly dividend payment. The company's Board of Directors has declared a quarterly cash dividend of $1.82 per share for common stockholders. The dividend will be paid on June 5, 2025, to shareholders who are on record as of May 23, 2025.

Cummins Inc. (NYSE: CMI) reported Q1 2025 results with revenues of $8.2 billion, down 3% year-over-year. Net income was $824 million with diluted EPS of $5.96, compared to $2.0 billion or $14.03 per share in 2024. EBITDA margin decreased to 17.9% from 30.6%. North American sales declined 1% while international revenues fell 5%. Due to growing economic uncertainty from tariffs, Cummins withdrew its full-year forecast. Notable developments include introducing the X10 and B7.2 diesel engines, acquiring First Mode's assets for mining and rail solutions, and Accelera securing a 100MW electrolyzer system contract with bp. The Power Systems segment showed record performance with 19% sales growth, while Components segment saw a 20% decline primarily due to the Atmus separation.

Cummins Inc. (NYSE: CMI) has appointed John Gaidoo as Vice President and Chief Legal Officer, effective June 1, succeeding Nicole Lamb-Hale who will transition to Chief Administrative Officer and Corporate Secretary.

Gaidoo, a 14-year veteran at Cummins and former United States Marine Corps member, joined the company in 2011 as a labor and employment lawyer. His expertise spans intellectual property, labor and employment, litigation, mergers and acquisitions, procurement, and regulatory compliance. Notable achievements include creating the Crisis Action Management Plan in 2012, leading the global Labor Relations team from 2018, and serving as lead lawyer for the COVID-19 Risk Management Team in 2020.

In his new role, Gaidoo will lead Cummins' global Legal function and serve as a core member of the Cummins Leadership Team. Prior to joining Cummins, he practiced law at Baker & Daniels LLP and holds degrees from Indiana University.

Cummins Inc. (NYSE: CMI) has announced the appointment of Nicole Y. Lamb-Hale as Chief Administrative Officer and Corporate Secretary, effective June 1, succeeding Sharon Barner who retires May 31. Lamb-Hale, who joined Cummins in 2021 as Vice President and Chief Legal Officer, will lead global functions including risk management, ethics and compliance, product compliance, regulatory affairs, government relations, communications and corporate responsibility.

Since joining Cummins, Lamb-Hale has played a important role in major corporate initiatives, including the acquisition of Meritor, the spin-off of Cummins' Filtration Business, and the formation of battery cell joint venture Amplify Cell Technologies. Her extensive background includes executive roles at Kroll, and Albright Stonebridge Group, as well as serving as Assistant Secretary for Manufacturing and Services in the U.S. Department of Commerce's International Trade Administration.