Cummins Q4 net income $418 million after $312 million Accelera charges
Cummins reported fourth-quarter 2024 revenue of $8.4 billion, down 1% from a year earlier, and net income attributable to Cummins of $418 million, or $3.02 per diluted share, compared with a net loss of $1.4 billion a year earlier. The quarter included $312 million of Accelera reorganization charges, most of them non-cash, and the company projected 2025 revenue of down 2% to up 3%, with EBITDA of 16.2% to 17.2% of sales.
Key points
- Q4 2024 revenue of $8.4 billion, down 1% from Q4 2023; diluted EPS of $3.02 versus a loss of $(10.01) a year earlier
- Q4 results include $312 million, or $2.14 per diluted share, of Accelera strategic reorganization actions, of which $305 million were non-cash charges
- Full year 2024 revenue of $34.1 billion, flat versus 2023; diluted EPS of $28.37, including a $1.3 billion gain on the Atmus separation
- 2025 outlook: revenue down 2% to up 3%; EBITDA 16.2% to 17.2% of sales; long-term goal of returning 50% of operating cash flow to shareholders
The filing
Written by AI on Nov 8, 2026, 1:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 04, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.