Welcome to our dedicated page for Cummins news (Ticker: CMI), a resource for investors and traders seeking the latest updates and insights on Cummins stock.
Cummins Inc. (NYSE: CMI) is a global power solutions company whose news flow reflects its role in engines, power generation and zero-emissions technologies. Investors following CMI news can track quarterly earnings, dividend decisions, strategic technology initiatives and leadership changes that shape the company’s direction.
Recent news releases have highlighted first, second and third quarter 2025 financial results, where Cummins reported multi-billion-dollar quarterly revenues and detailed segment performance for Engine, Components, Distribution, Power Systems and Accelera by Cummins. These updates include commentary on demand trends in North America and international markets, such as power generation demand for data centers and shifts in truck and on-highway markets.
Cummins news also covers its energy transition and Destination Zero strategy. Examples include the launch of new engine platforms like the X10 and B7.2 as part of the Cummins HELM platforms, the introduction of the S17 Centum generator set for urban and mission-critical power needs, and Accelera projects such as a 100-megawatt PEM electrolyzer system for bp’s Lingen green hydrogen project. The company has also reported non-cash charges and a strategic review related to its electrolyzer business in response to changing hydrogen adoption expectations.
Strategic collaborations and corporate actions appear regularly in CMI headlines. Cummins and Komatsu have announced a memorandum of understanding to develop hybrid powertrains for surface haulage heavy mining equipment, building on Cummins’ acquisition of First Mode assets for retrofit hybrid solutions. News items also include board and leadership appointments, such as the election of a new director and changes in legal and administrative leadership, as well as recurring announcements of quarterly cash dividends and dividend increases.
By monitoring Cummins news on this page, readers can see how financial performance, capital allocation, product launches, decarbonization projects and governance developments interact across the company’s five segments and global operations.
The Board of Directors of Cummins declared a quarterly cash dividend of 1.35 dollars per share, payable on March 4, 2021, to shareholders of record on February 19, 2021. This dividend reflects the company's commitment to returning value to shareholders while continuing to navigate the challenges posed by the COVID-19 pandemic.
Cummins reported earnings of approximately $1.8 billion on $19.8 billion in sales for 2020, underscoring its operational strength amidst market uncertainties.
Cummins (NYSE: CMI) and Isuzu Motors Limited have announced a significant collaboration for a global mid-range diesel powertrain along with an advanced engineering partnership. This effort, part of the Isuzu Cummins Powertrain Partnership, aims to jointly develop new diesel and alternative powertrains for global markets. The Cummins B6.7 diesel platform will power Isuzu’s medium-size trucks, starting in North America in 2021. The partnership also includes joint research in advanced technologies, working towards enhanced efficiency and emissions capabilities, with a broader goal of carbon neutrality.
Cummins reported a 4Q 2020 revenue of $5.8 billion, a 5% increase from 4Q 2019. Full year revenues fell 16% to $19.8 billion. While North America faced a 21% decline, international sales rose 12% due to strong demand in China and India. Net income for the quarter was $501 million ($3.36/share), exceeding 2019 figures. The annual EBITDA was $3.1 billion. For 2021, Cummins projects an 8-12% revenue increase. The company plans to return 75% of its operating cash flow to shareholders.
Cummins Inc. (NYSE: CMI) announced the retirement of Chief Administrative Officer Marya Rose, effective April 2021, after over 20 years with the company. Sharon Barner, Vice President and General Counsel, will succeed Rose. Under Rose's leadership, Cummins enhanced its global legal and corporate functions, improving communications and corporate responsibility initiatives. Barner, who has been with Cummins since 2012, will lead key global groups, leveraging her experience in law and commitment to diversity and inclusion.
Cummins (NYSE: CMI) has launched the world's largest 20-megawatt PEM electrolyzer system for green hydrogen production, operational at Air Liquide's facility in Bécancour, Quebec. This system, capable of generating over 3,000 tons of hydrogen annually, underscores Cummins' commitment to developing scalable low-carbon solutions. With over 20 years of expertise from acquired company Hydrogenics, Cummins aims to support the hydrogen economy by offering technologies that enable efficient energy storage and decarbonization across various sectors, including transportation and industrial processes.
Cummins Inc. (NYSE: CMI) has launched its first connectivity-enabled X15 Efficiency series engine and Endurant™ HD powertrain for Freightliner Trucks. The new Acumen® engine computing module provides direct access to digital apps and over-the-air enhancements. This technology aims to enhance vehicle maintenance and fuel efficiency, featuring On-Ramp Boost for improved torque. The initiative represents Cummins’ investment in smart technology to optimize performance and reduce ownership costs, with plans to expand Acumen® into additional models in the future.
Cummins announced the successful closing of its joint venture with ETC for hydrogen storage tanks under the name NPROXX. This collaboration aims to enhance Cummins' hydrogen portfolio for on-highway and rail applications. By leveraging NPROXX's advanced carbon fiber technology, the venture is positioned to cater to diverse industries, including commercial and passenger vehicles, and aims to accelerate hydrogen solutions availability. Both companies will hold 50% ownership of the venture, included in Cummins' New Power business segment, which is rapidly growing in the hydrogen market.
Cummins Inc. (NYSE: CMI) announced a virtual event scheduled for November 16 at 10:30 a.m. EST, focusing on the company's future in hydrogen fuel technologies. Key leaders, including CEO Tom Linebarger and other executives, will discuss the company's strategies to enhance its capabilities in this area. The event aims to engage the investment community, media, and government officials, with limited spaces available for participation. Interested parties can reserve a spot through the provided link.
Cummins Inc. (NYSE: CMI) announced the opening of a new facility in Herten, Germany, to assemble fuel cell systems for Alstom's hydrogen trains. This site will enhance Cummins' hydrogen capabilities and support the production of 10 megawatts of fuel cells annually, with a capacity of one megawatt per month. The facility will also focus on research and development and is expected to create new jobs in the clean technology sector by July 2021. The initiative aligns with Cummins' commitment to advancing hydrogen technology in Europe.
Cummins and Navistar are collaborating to develop a class 8 truck powered by hydrogen fuel cells, receiving over $7 million in funding from the U.S. Department of Energy. This initiative is part of the DOE's "H2@Scale" program aimed at advancing hydrogen technologies for commercial vehicles. The project includes a year-long field test with Werner Enterprises, focusing on real-world performance and cost reduction. The goal is to ensure that hydrogen fuel cell technologies can meet or exceed diesel performance standards while reducing upfront costs by 35%.