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Cummins achieved USD28.1bn revenues in 2022

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By Bradley Osborne - 29th March 2023

USA – Cummins Inc, a manufacturer of vehicle propulsion systems based in Columbus, Indiana, has announced total revenues for 2022 of USD28.1bn; excluding the contribution from the recently-acquired Meritor, Cummins made USD26.2bn, a 9% improvement on the year before (USD24bn).

The company’s net income in 2022 was USD2.2bn. Its earnings before interest, taxes, depreciation and amortisation (EBITDA) were USD3.6bn, a 13.5% return on sales and a slight improvement on its performance in 2021 (USD3.52bn).

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