Return On Equity ratio Analysis of Cummins Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROE
Period Ending - Dec-23
Very Good ROE
31.60
Period Ending - Dec-22
Very Good ROE
23.97
Growth
31.87 %
Trailing Twelve Months ROE
Period Ending - Dec-23
Good ROE
19.96
Most recent Quarter ROE
Period Ending - Mar-24
Excellent ROE
21.98
ROE Analysis of Cummins Inc
| ROE Ratio of Cummins Inc with value of 19.96 means its generates profits efficiently by using its Shareholders Fund. |
| ROE Ratio of Cummins Inc with value of 21.98 means its generates profits efficiently by using its Shareholders Fund in latest Quarter ending on Mar-24. |
| ROE Ratio of CMI rose handsomely by 31.87 % this year. |
| ROE Ratio with value of 31.60 was highest in Year Dec-23 in last Five Years. |
| ROE Ratio with value of 22.19 was lowest in Year Dec-20 in last Five Years. |
| Latest ROE Ratio with value of 31.60 is Greater than Average ROE of 26.60 in last five years. |
Other ROE Related Info of CMI that may interest you.
Cummins Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| CMI | 281.73 | 279.12 | 0.935 % | Specialty Industrial Machinery |
Defination of Return On Equity
The Return on Equity (ROE) is a profitability metric that measures a company's ability to generate profits using its shareholder's fund. ROE is calculated by dividing Net Income by Shareholders' Fund. more ..
ROE Related Ratios
| ReturnOnAsset | NetProfitMargin |
Tsr Profitability Index
| No Significant Profitability | |
FY - Historical Return On Equity of Cummins Inc
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| ROE | 31.60 | 23.97 | 25.15 | 22.19 | 30.11 | 29.14 | 13.76 |
| Change | 31.87 % | -4.70 % | 13.33 % | -26.29 % | 3.32 % | 111.72 % | -32.13 % |
FY Chart of Return On Equity of Cummins Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)