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Consolidated Net IncomeEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Equity IncomeGross ProfitIncome from Continuing OperationsIncome from Non-Controlling InterestsIncome towards Parent CompanyInterest ExpensesNet Income towards Common StockholdersNon Operating IncomeOperating ExpensesOperating IncomeOther Non Operating IncomeOther Operating ExpensesProfit After TaxResearch & DevelopmentRevenueSelling, General & AdministrativeShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)Tax ProvisionsTax Rate
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Cummins (CMI) Tax Rate (2016 - 2025)

Cummins (CMI) has disclosed Tax Rate for 10 consecutive years, with 14.08% as the latest value for Q4 2018.

  • For the quarter ending Q4 2018, Tax Rate fell 13776.0% year-over-year to 14.08%, compared with a TTM value of 20.56% through Dec 2018, down 3741.0%, and an annual FY2025 reading of 25.38%, up 835.0% over the prior year.
  • Tax Rate was 14.08% for Q4 2018 at Cummins, up from 13.29% in the prior quarter.
  • Across five years, Tax Rate topped out at 151.85% in Q4 2017 and bottomed at 13.29% in Q3 2018.
  • Average Tax Rate over 5 years is 31.64%, with a median of 26.33% recorded in 2015.
  • The sharpest move saw Tax Rate soared 12980bps in 2017, then plummeted -13776bps in 2018.
  • Year by year, Tax Rate stood at 23.69% in 2014, then plummeted by -32bps to 16.04% in 2015, then soared by 37bps to 22.05% in 2016, then surged by 589bps to 151.85% in 2017, then plummeted by -91bps to 14.08% in 2018.
  • Business Quant data shows Tax Rate for CMI at 14.08% in Q4 2018, 13.29% in Q3 2018, and 22.52% in Q3 2018.