Richard Freeland - Cummins President, Chief Operating Officer, Director
| CMI Stock | USD 283.87 1.38 0.49% |
President
Mr. Richard Joseph Freeland is President, Chief Executive Officer, Director of the Company. Mr. Freeland was the President and Chief Operating Officer of Cummins Inc. since July 2014 and became a director of the company in 2017. Mr. Freeland served as Vice President and President of the Engine Business from 2010 to 2014 after serving as President of the Components Group from 2008 to 2010 and as President of Worldwide Distribution Business from 2005 to 2008. From 2004 to 2005, he was our Vice President and General Manager of PowerCare and North American Distribution after holding various other positions since joining the company in 1979 since 2017.
| Age | 60 |
| Tenure | 7 years |
| Professional Marks | MBA |
| Address | 500 Jackson Street, Columbus, IN, United States, 47202-3005 |
| Phone | 812 377 5000 |
| Web | https://www.cummins.com |
Cummins Management Efficiency
The company has Return on Asset of 0.0692 % which means that on every $100 spent on assets, it made $0.0692 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0835 %, implying that it generated $0.0835 on every 100 dollars invested. Cummins' management efficiency ratios could be used to measure how well Cummins manages its routine affairs as well as how well it operates its assets and liabilities. The Cummins' current Return On Tangible Assets is estimated to increase to 0.04. The Cummins' current Return On Capital Employed is estimated to increase to 0.1. As of now, Cummins' Other Current Assets are increasing as compared to previous years. The Cummins' current Total Current Assets is estimated to increase to about 16 B, while Debt To Assets are projected to decrease to 0.18.Similar Executives
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Management Performance
| Return On Equity | 0.0835 | |||
| Return On Asset | 0.0692 |
Cummins Leadership Team
Elected by the shareholders, the Cummins' board of directors comprises two types of representatives: Cummins inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Cummins. The board's role is to monitor Cummins' management team and ensure that shareholders' interests are well served. Cummins' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Cummins' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Robert Bernhard, Independent Director | ||
| Amy Adams, Vice Technologies | ||
| Alexis Herman, Lead Independent Director | ||
| Marya Rose, Vice President Chief Administrative Officer | ||
| Walter Fier, Vice President Chief Technical Officer | ||
| John Brockhaus, Vice President - Human Resources Technology and Strategy | ||
| Jeff Wiltrout, Vice President - Corporate Strategy | ||
| Antonio Leitao, Vice President and Presidentident—Power Generation | ||
| Dave Crompton, Vice President and Presidentident—Engine Business | ||
| Angel Franklin, Vice President - Compensation and Benefits | ||
| Mark Sifferlen, Chief Risk Officer, Vice President Lead - Environmental, Social and Governance Strategy | ||
| Livingston Satterthwaite, Vice President, President - Distribution Business | ||
| Lisa Yoder, Vice President - Global Supply Chain & Manufacturing | ||
| Cary Chenanda, Vice President Cummins Electronics and Fuel Systems | ||
| Mark Smith, Executive Director - Investor Relations | ||
| William Miller, Independent Director | ||
| Karen Quintos, Independent Director | ||
| Stephen Dobbs, Independent Director | ||
| Kimberly Nelson, Independent Director | ||
| Nathan Stoner, Vice President - China ABO | ||
| Judy Brunson, Vice President - Quality | ||
| Cathy BueningGriffin, Vice President - Business Transformation | ||
| Norman Linebarger, Chairman of the Board, Chief Executive Officer | ||
| Melina Kennedy, Vice President - Product Compliance and Regulatory Affairs | ||
| Schuyla Jeanniton, Executive Staff | ||
| Mary Chandler, Executive Director - Corporate Responsibility and CEO of the Cummins Foundation | ||
| James Hopkins, Executive Director – Investor Relations | ||
| Thomas Linebarger, Ex Chairman | ||
| Christopher Clulow, Vice President, Corporate Controller, Principal Accounting Officer | ||
| Amy Davis, Vice President and Presidentident – New Power Segment | ||
| Marina Savelli, Vice President - Cummins Electronics and Fuel Systems | ||
| Julie Furber, Vice President Electrified Power Business | ||
| Jim Fier, Chief Technical Officer | ||
| Shon Wright, Vice President Cummins Turbo Technologies | ||
| Jennifer Bush, VP Systems | ||
| John Gaidoo, Vice President Deputy General Counsel, Employment and Labor Relations | ||
| Bruno Allen, Independent Director | ||
| Nicole LambHale, Vice President General Counsel | ||
| Georgia Nelson, Independent Director | ||
| Richard Harris, Chief Investment Officer and VP | ||
| Jill Cook, Vice President - Chief Human Resource Officer | ||
| Thaddeaus Ewald, Vice President- Corporate Strategy and Business Development | ||
| Bonnie Fetch, Vice President - Distribution Business Supply Chain Services | ||
| Cariappa Chenanda, Vice President - Cummins Emission Solutions | ||
| Anant Talaulicar, VP, Chairman of The India Area Bus. Organization and Managing Director of India Area Bus. Organization | ||
| Patrick Ward, CFO | ||
| Cathy Way, Vice President - Government Relations | ||
| Srikanth Padmanabhan, Vice President and President - Engine Business | ||
| Hon LambHale, VP Counsel | ||
| Jonathan Wood, Chief Officer | ||
| Earl Newsome, Chief Information Officer, Vice President | ||
| Marsha Hunt, Vice President Corporate Controller | ||
| Mahesh Narang, Vice President and President - Components Segment | ||
| Bruno Leo, Independent Director | ||
| Mark Osowick, Vice President of Human Resources Operations | ||
| Pamela Carter, Vice President and Presidentident - Distribution Business | ||
| Peter Anderson, Vice President - Global Supply Chain and Manufacturing | ||
| Sharon Barner, Vice President, Chief Administrative Officer, Corporate Secretary | ||
| Carla Harris, Independent Director | ||
| Donald Jackson, Vice President, Treasury and Tax | ||
| Norbert Nusterer, Vice President and President - Power Systems | ||
| Brett Merritt, President Business | ||
| Thomas Lynch, Independent Director | ||
| Jennifer Rumsey, Vice President and President - Components Group | ||
| Steph Disher, Vice President - Cummins Filtration | ||
| Sherry Aaholm, Chief Information Officer, Vice President | ||
| Marvin Boakye, VP Officer | ||
| Mark Levett, Vice President - Corporate Responsibility and Community Relations, CEO of the Cummins Foundation | ||
| Robert Herdman, Independent Director | ||
| Richard Freeland, President, Chief Operating Officer, Director | ||
| Tracy Embree, Vice President and President - Distribution Business | ||
| Steven Chapman, Group Vice President - China and Russia | ||
| Diana ReyMarrero, Vice President Cummins Business Services | ||
| Franklin Diaz, Independent Director | ||
| Luther Peters, Vice President Corporate Controller, Principal Accounting Officer |
Cummins Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Cummins a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.0835 | |||
| Return On Asset | 0.0692 | |||
| Profit Margin | 0.02 % | |||
| Operating Margin | 0.09 % | |||
| Current Valuation | 45.71 B | |||
| Shares Outstanding | 136.76 M | |||
| Shares Owned By Insiders | 0.40 % | |||
| Shares Owned By Institutions | 88.57 % | |||
| Number Of Shares Shorted | 2.3 M | |||
| Price To Earning | 18.70 X |
Pair Trading with Cummins
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cummins position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cummins will appreciate offsetting losses from the drop in the long position's value.Moving together with Cummins Stock
| 0.79 | CR | Crane Company Financial Report 8th of May 2024 | PairCorr |
| 0.67 | HI | Hillenbrand Financial Report 13th of May 2024 | PairCorr |
| 0.87 | IR | Ingersoll Rand | PairCorr |
Moving against Cummins Stock
| 0.92 | ATS | ATS Corporation | PairCorr |
| 0.59 | RR | Richtech Robotics Class | PairCorr |
| 0.54 | BW | Babcock Wilcox Enter Financial Report 8th of May 2024 | PairCorr |
The ability to find closely correlated positions to Cummins could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cummins when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cummins - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cummins to buy it.
The correlation of Cummins is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cummins moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cummins moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cummins can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cummins. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. For more detail on how to invest in Cummins Stock please use our How to Invest in Cummins guide.You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Complementary Tools for Cummins Stock analysis
When running Cummins' price analysis, check to measure Cummins' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cummins is operating at the current time. Most of Cummins' value examination focuses on studying past and present price action to predict the probability of Cummins' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cummins' price. Additionally, you may evaluate how the addition of Cummins to your portfolios can decrease your overall portfolio volatility.
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Is Cummins' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cummins. If investors know Cummins will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cummins listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.628 | Dividend Share 6.5 | Earnings Share 5.14 | Revenue Per Share 240.402 | Quarterly Revenue Growth 0.099 |
The market value of Cummins is measured differently than its book value, which is the value of Cummins that is recorded on the company's balance sheet. Investors also form their own opinion of Cummins' value that differs from its market value or its book value, called intrinsic value, which is Cummins' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cummins' market value can be influenced by many factors that don't directly affect Cummins' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cummins' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cummins is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cummins' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.