Financial Performance - First quarter revenue reached $8174 million[8], a decrease of 3% compared to $8403 million in 2024[11] - EBITDA for the first quarter was $1460 million[8], resulting in an EBITDA margin of 179%[11] - Net income for the first quarter was $824 million[8], with earnings per share (EPS) at $596[8] - Adjusted Return on Invested Capital (ROIC) was 18% compared to 17% in the previous year[10] Segment Performance - Engine segment revenue decreased by 5% to $2771 million[11], with an EBITDA margin of 165%[11] - Components segment revenue decreased by 20% to $2670 million[11], with an EBITDA margin of 143%[11] - Distribution segment revenue increased by 15% to $2907 million[11], with an EBITDA margin of 129%[11] - Power Systems segment revenue increased by 19% to $1649 million[11], with an EBITDA margin of 236%[11] - Accelera segment revenue increased to $103 million[11], but experienced an EBITDA loss of $86 million[11] Joint Venture Income - Total joint venture income was $131 million, compared to $123 million in the first quarter of 2024[34]
Cummins(CMI) - 2025 Q1 - Earnings Call Presentation