Comprehensive EBITDA Comparison: Cummins Inc. vs Snap-on Incorporated

A Decade of EBITDA: Cummins Inc. vs Snap-on Incorporated

In the ever-evolving landscape of industrial giants, Cummins Inc. and Snap-on Incorporated have showcased remarkable financial resilience over the past decade. From 2014 to 2023, Cummins Inc. consistently outperformed Snap-on in terms of EBITDA, with an average of approximately $3.06 billion annually, nearly three times Snap-on's average of $1.07 billion.

Key Insights

• Growth Trajectory: Cummins Inc. saw a significant 52% increase in EBITDA from 2014 to 2022, peaking in 2022 with a 52% rise from its 2014 figures. Snap-on, while smaller in scale, demonstrated a robust 93% growth over the same period, culminating in 2023.
• Economic Resilience: Both companies navigated economic challenges, with Cummins experiencing a dip in 2020, likely due to global disruptions, before rebounding strongly.

This comparative analysis highlights the strategic prowess and adaptability of these industrial leaders, offering valuable insights for investors and industry enthusiasts alike.