Follow the chain left → right, from inputs to end demand. Tap any company to trace its links.
Raw inputs
Equipment
Foundry
Chip design
Software
AI demand
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Company details
Market cap
$98B
P/E ratio
37×
Div yield
1.2%
EPS (TTM)
$19.27
Profit margin
8%
Rev. growth
-1%
Revenue
$33.7B
EBITDA margin
16%
In plain English
Cummins makes the engines and power systems that move the physical economy: the diesel and gas engines inside heavy trucks (Ram, PACCAR, Daimler), the emissions kit that cleans their exhaust, and the giant backup generators now in huge demand from AI data centres. It buys steel and components, builds powertrains through factories and Chinese joint ventures, and sells through a worldwide distribution and parts network — while pivoting its zero-emission Accelera arm away from hydrogen electrolysers.
In simple terms
What Cummins really sells
Cummins makes the engines and power systems that move the physical economy: the diesel and gas engines inside heavy trucks (Ram, PACCAR, Daimler), the emissions kit that cleans their exhaust, and the giant backup generators now in huge demand from AI data centres. It buys steel and components, builds powertrains through factories and Chinese joint ventures, and sells through a worldwide distribution and parts network — while pivoting its zero-emission Accelera arm away from hydrogen electrolysers.
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