| Cummins is a diesel engine manufacturer. Co.'s segments include: Engine, which manufactures and markets a range of diesel and natural gas powered engines; Distribution, which consists of product lines that service and/or distribute the range of Co.'s products and services; Components, which supplies aftertreatment systems, turbochargers, transmissions, filtration products, electronics and fuel systems for commercial diesel and natural gas applications; Power Systems, which includes power generation, industrial, and generator technologies product lines; and Electrified Power, which designs, manufactures, sells and supports electrified power systems ranging from fully electric to hybrid. We show 32 historical shares outstanding datapoints in our CMI shares outstanding history coverage, used to compute CMI market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CMI market cap history over the course of time is important for investors
interested in comparing CMI's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of CMI versus a peer is one thing; comparing
CMI market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like CMI can fluctuate over the course of history.
With this page we aim to empower investors researching CMI by allowing them to research the CMI market cap history.