Columbus, Indiana-based Cummins Inc. (CMI) is a power technology company that designs, manufactures, distributes, and services a broad portfolio of traditional, clean-energy, and hybrid power solutions. Valued at a market cap of $92.8 billion, the company also provides a comprehensive suite of fully integrated powertrain-related components, including advanced turbochargers, automated transmissions, fuel systems, air handling technologies, engine filtration, and specialized catalytic exhaust emission systems.
Companies valued at $10 billion or more are typically classified as “large-cap stocks,” and CMI fits the label perfectly, with its market cap exceeding this threshold, underscoring its size, influence, and dominance within the specialty industrial machinery industry. The company’s core competitive strength lies in its massive, deeply entrenched global distribution and service network spanning 190 countries, as well as its unmatched mastery of high-horsepower internal combustion engineering.