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Cummins Inc (NYSE:CMI)
Pretax Income
$2,434 Mil (TTM As of Dec. 2014)

Pretax income is the income that a company earns before paying income taxes. Cummins Inc's pretax income for the three months ended in Dec. 2014 was $612 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2014 was $2,434 Mil. Cummins Inc's pretax margin was 12.02%.

During the past 13 years, Cummins Inc's highest Pretax Margin was 14.80%. The lowest was -2.32%. And the median was 5.53%.


Definition

This is the income that a company earns before paying income taxes.

Cummins Inc's Pretax Income for the fiscal year that ended in Dec. 2014 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=2365+110+-64+23+0
=2,434

Cummins Inc's Pretax Income for the quarter that ended in Dec. 2014 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=581+42+-17+6+0
=612

Cummins Inc Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2014 was 511 (Mar. 2014 ) + 642 (Jun. 2014 ) + 669 (Sep. 2014 ) + 612 (Dec. 2014 ) = $2,434 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

Cummins Inc's Pretax Margin for the quarter that ended in Dec. 2014 is calculated as

Pretax Margin=Pretax Income/Revenue
=612/5090
=12.02%

During the past 13 years, Cummins Inc's highest Pretax Margin was 14.80%. The lowest was -2.32%. And the median was 5.53%.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Operating Income, Interest Expense, Interest Income, Non-Recurring Items, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Cummins Inc Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
Pretax Income 7981,0831,1691,1786401,6172,6712,2712,1192,434

Cummins Inc Quarterly Data

Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14
Pretax Income 487473431613528547511642669612
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