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Cummins Inc (NYSE:CMI)
Pretax Income
$2,119 Mil (TTM As of Dec. 2013)

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. 2013 was $547 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2013 was $2,119 Mil. Cummins Inc's pretax margin was 11.92%.

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. 2013 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=2101+32+-41+27+0
=2,119

Cummins Inc's Pretax Income for the quarter that ended in Dec. 2013 is calculated as

Pretax Income=Operating Income+Non-Recurring Items+Interest Expense+Interest Income+Other
=1115+7+-19+6+-562
=547

Cummins Inc Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2013 was 431 (Mar. 2013 ) + 613 (Jun. 2013 ) + 528 (Sep. 2013 ) + 547 (Dec. 2013 ) = $2,119 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. 2013 is calculated as

Pretax Margin=Pretax Income/Revenue
=547/4588
=11.92%

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

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Pretax Income 4327981,0831,1691,1786401,6172,6712,2712,119

Cummins Inc Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
Pretax Income 629758650661487473431613528547
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