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康明斯第四季度业绩好坏参半
2026-02-05 20:33
- Cummins press release (CMI): Q4 GAAP EPS of $4.27 misses by $0.75.
- Revenue of $8.5B (+0.6% Y/Y) beats by $400M.
- EBITDA in the fourth quarter was 13.5% of sales; Diluted EPS of $4.27
- Fourth quarter results include $218 million, or $1.54 per diluted share, of charges related to the Electrolyzer business within Accelera, of which $175 million were non-cash charges
- Full-year 2025 revenues of $33.7 billion; GAAP Net Income of $2.8 billion, or 8.4% of sales
- EBITDA for full year 2025 was 16.0% of sales; Diluted EPS of $20.50
- Full-year 2025 results include $458 million, or $3.28 per diluted share, of charges related to the Electrolyzer business within Accelera, of which $415 million were non-cash charges
- Full-year 2026 revenues expected to increase 3% to 8%; EBITDA expected to range between 17.0% and 18.0% of sales
More on Cummins
- Cummins: Exposure To AI Data Center Infrastructure Buildout
- Cummins: Great Company, Wrong Price
- Cummins: Take Some Chips Off The Table As Power Systems Business Gets A Rerating (Rating Downgrade)
- Cummins Q4 2025 Earnings Preview
- Class 8 truck sales surged in December, although a full recovery remains uncertain
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