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Cummins (STU:CUM) Market Cap : €35,788 Mil (As of May. 05, 2024)


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What is Cummins Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Cummins's share price for the quarter that ended in Mar. 2024 was €273.4. Cummins's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 137 Mil. Therefore, Cummins's market cap for the quarter that ended in Mar. 2024 was €37,396 Mil.

Cummins's quarterly market cap declined from Sep. 2023 (€30,830 Mil) to Dec. 2023 (€30,785 Mil) but then increased from Dec. 2023 (€30,785 Mil) to Mar. 2024 (€37,396 Mil).

Cummins's annual market cap increased from Dec. 2021 (€27,339 Mil) to Dec. 2022 (€31,743 Mil) but then declined from Dec. 2022 (€31,743 Mil) to Dec. 2023 (€30,785 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Cummins's Enterprise Value for Today is €39,745 Mil.


Cummins Market Cap Historical Data

The historical data trend for Cummins's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cummins Market Cap Chart

Cummins Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24,262.70 27,316.73 27,338.63 31,743.05 30,784.78

Cummins Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 30,202.25 31,714.76 30,829.54 30,784.78 37,395.65

Competitive Comparison of Cummins's Market Cap

For the Specialty Industrial Machinery subindustry, Cummins's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cummins's Market Cap Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Cummins's Market Cap distribution charts can be found below:

* The bar in red indicates where Cummins's Market Cap falls into.



Cummins Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Cummins's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=€217.1*141.8
=€30,785

Cummins's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=€273.4*136.78
=€37,396

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Cummins  (STU:CUM) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Cummins Market Cap Related Terms

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Cummins (STU:CUM) Business Description

Traded in Other Exchanges
Address
500 Jackson Street, Box 3005, Columbus, IN, USA, 47202-3005
Cummins is the top manufacturer of diesel engines used in commercial trucks, off-highway equipment, and railroad locomotives, in addition to standby and prime power generators. The company also sells powertrain components, which include transmissions, turbochargers, aftertreatment systems, and fuel systems. Cummins is in the unique position of competing with its primary customers, heavy-duty truck manufacturers, who make and aggressively market their own engines. Despite robust competition across all its segments and increasing government regulation of carbon emissions, Cummins has maintained its leadership position in the industry.

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