Cummins (CMI) Financial Forecast Calculator
Interactive 5-year forecast and DCF for Cummins. Adjust revenue growth, gross margin, capex intensity, WACC, and terminal growth - see revenue, free cash flow, and enterprise value update in real time. Seeded from Cummins’s most recent SEC filings.
Assumptions
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Keep iterating on the Cummins forecast in Excel. The downloadable sample has every assumption you see here plus a fully integrated income statement, balance sheet, cash flow, and debt schedule - five years of SEC historicals and live formulas in a fully editable workbook.
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Frequently asked
What does Cummins Inc. (CMI) do?+
Cummins Inc. designs, manufactures, distributes, and services a wide range of power solutions, including advanced diesel and natural gas engines, as well as electric and hybrid powertrains. The company is a key supplier to global commercial vehicle, mining, marine, and power generation industries.
How does Cummins generate revenue across its business segments?+
Cummins generates revenue from its Distribution segment through aftermarket support and parts, driven by the global vehicle fleet's aging. The Engine segment's revenue is cyclical, tied to unit sales of heavy-duty, medium-duty, and off-highway engines, while the Components segment contributes through axles, drivelines, and emission solutions.
What is Cummins' typical capital expenditure as a percentage of revenue?+
Cummins typically allocates 3.0% to 4.5% of its revenue to capital expenditures, amounting to approximately $1.0 billion to $1.4 billion annually. About 60% of this spending is for maintenance and tooling, while 40% is directed towards growth initiatives like Accelera and new engine platforms.
What is the assumed revenue growth rate for Cummins in the financial model?+
The financial model for Cummins assumes a revenue growth rate of approximately 9.64%. This projection helps analysts assess the company's future performance, considering strategies like "Destination Zero" and the integration of the Meritor acquisition.
What is the primary purpose of the downloadable Cummins financial model?+
The downloadable financial model serves as a comprehensive equity valuation and scenario planning tool for Cummins Inc. It allows analysts to evaluate the cash flow impact of the company's "Destination Zero" strategy, the Meritor acquisition, and the Atmus Filtration Technologies separation.
Can I download an Excel financial model for Cummins (CMI) and what forecast horizon does it cover?+
Yes, an Excel financial model for Cummins (CMI) is available for download. This model provides a forecast horizon spanning from fiscal year 2026 through fiscal year 2030, enabling detailed future financial analysis.
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