CUMMINS INC Annual Operating Margin in % from 2016 to 2024

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Cummins Inc quarterly/annual Operating Margin history and growth rate from 2016 to 2024.
  • Cummins Inc Operating Margin for the quarter ending December 31, 2024 was 11 %, a 113% increase year-over-year.
  • Cummins Inc annual Operating Margin for 2024 was 11 %, a 113% increase from 2023.
  • Cummins Inc annual Operating Margin for 2023 was 5.17 %, a 50.4% decline from 2022.
  • Cummins Inc annual Operating Margin for 2022 was 10.4 %, a 7.37% decline from 2021.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2024 11 +5.83 +113% Jan 1, 2024 Dec 31, 2024
2023 5.17 -5.26 -50.4% Jan 1, 2023 Dec 31, 2023
2022 10.4 -0.83 -7.37% Jan 1, 2022 Dec 31, 2022
2021 11.3 -0.19 -1.66% Jan 1, 2021 Dec 31, 2021
2020 11.5 0 0% Jan 1, 2020 Dec 31, 2020
2019 11.5 -0.27 -2.3% Jan 1, 2019 Dec 31, 2019
2018 11.7 +0.29 +2.54% Jan 1, 2018 Dec 31, 2018
2017 11.4 +0.69 +6.43% Jan 1, 2017 Dec 31, 2017
2016 10.7 Jan 1, 2016 Dec 31, 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.