During the past 12 months, Cummins's average Free Cash Flow per Share Growth Rate was 162.40% per year.
During the past 3 years, the average Free Cash Flow per Share Growth Rate was 10.20% per year.
During the past 5 years, the average Free Cash Flow per Share Growth Rate was 2.50% per year.
During the past 10 years, the average Free Cash Flow per Share Growth Rate was 6.90% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.
During the past 13 years, the highest 3-Year average Free Cash Flow per Share Growth Rate of Cummins was 186.40% per year. The lowest was -57.90% per year. And the median was 10.20% per year.
Competitive Comparison of Cummins's 3-Year FCF Growth Rate
For the Specialty Industrial Machinery subindustry, Cummins's 3-Year FCF Growth Rate, along with its competitors' market caps and 3-Year FCF Growth Rate data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Cummins's 3-Year FCF Growth Rate Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Cummins's 3-Year FCF Growth Rate distribution charts can be found below:
* The bar in red indicates where Cummins's 3-Year FCF Growth Rate falls into.
Cummins 3-Year FCF Growth Rate Calculation
This is the 3-year average growth rate of Free Cash Flow per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Free Cash Flow per Share growth rate.
Free Cash Flow per Share is the amount of Free Cash Flow per outstanding share of the company's stock. Free Cash Flow is considered one of the most important parameters to measure a company's earnings power by value investors because it is not subject to estimates of Depreciation, Depletion and Amortization (DDA). However, when we look at the Free Cash Flow, we should look from a long term perspective, because any year's Free Cash Flow can be drastically affected by the spending on Property, Plant, & Equipment (PPE) of the business in that year. Over the long term, Free Cash Flow should give pretty good picture on the real earnings power of the company. It's used in the calculation of Forward Rate of Return (Yacktman) %.
Cummins 3-Year FCF Growth Rate Related Terms
Thank you for viewing the detailed overview of Cummins's 3-Year FCF Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.
Cummins is the top manufacturer of diesel engines used in commercial trucks, off-highway equipment, and railroad locomotives, in addition to standby and prime power generators. The company also sells powertrain components, which include transmissions, turbochargers, aftertreatment systems, and fuel systems. Cummins is in the unique position of competing with its primary customers, heavy-duty truck manufacturers, who make and aggressively market their own engines. Despite robust competition across all its segments and increasing government regulation of carbon emissions, Cummins has maintained its leadership position in the industry.
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