Discontinued — last reported Q1 '24
Engine Components (CBU business) — Revenue
Cummins Engine Components (CBU business) — Revenue decreased by 3.6% to $271.00M in Q1 2024 compared to the prior quarter. Year-over-year, this metric declined by 7.2%, from $292.00M to $271.00M. Over 2 years (FY 2021 to FY 2023), Engine Components (CBU business) — Revenue shows relatively stable performance with a 4.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase indicates growing demand for advanced engine performance components and successful integration into broader powertrain supply chains, while a decrease may signal reduced production volumes in the heavy-duty engine market or loss of market share to competitors.
Detailed definition
This metric represents the total revenue generated from the sale of engine-related components, specifically focusing on...
Peer comparison
Comparable to component-level revenue streams in automotive and industrial suppliers, often benchmarked against peers in the powertrain and turbocharger manufacturing space.
cmi_segment_engine_components_cbu_business_revenuesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $254.75M | $254.75M | $254.75M | $240.00M | $223.00M | $239.00M | $244.00M | $292.00M | $283.00M | $263.00M | $281.00M | $271.00M |
| QoQ Change | — | +0.0% | +0.0% | -5.8% | -7.1% | +7.2% | +2.1% | +19.7% | -3.1% | -7.1% | +6.8% | -3.6% |
| YoY Change | — | — | — | — | -12.5% | -6.2% | -4.2% | +21.7% | +26.9% | +10.0% | +15.2% | -7.2% |
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Frequently Asked Questions
- What is Cummins's engine components (cbu business) — revenue?
- Cummins (CMI) reported engine components (cbu business) — revenue of $271.00M in Q1 2024.
- How has Cummins's engine components (cbu business) — revenue changed year-over-year?
- Cummins's engine components (cbu business) — revenue decreased by 7.2% year-over-year, from $292.00M to $271.00M.
- What is the long-term trend for Cummins's engine components (cbu business) — revenue?
- Over 2 years (2021 to 2023), Cummins's engine components (cbu business) — revenue has grown at a 4.8% compound annual growth rate (CAGR), from $1.02B to $1.12B.
- What does engine components (cbu business) — revenue mean?
- Total revenue generated from the sale of engine components like turbochargers and related powertrain hardware.