Cummins Reports Big Jumps in Revenue, Income for ‘22
February 8, 2023
Power generation company Cummins reported fourth quarter revenue of $7.8 billion, a double-digit increase over the same quarter as last year. The company reported net income of $631 million, also up from a year ago.
For the full year, Cummins reported revenue of $28.1 billion, and net income of $2.2 billion.
Excluding the revenue generated by Meritor, a company Cummins acquired and closed on in August, the company’s revenue was $26.2 billion in 2022, a 9% increase over the previous year. RV-Pro