Financial HealthBright spots include Components margin and robust cash flow, indicating the company's strong financial health.
Market PositionCMI is well positioned for a China recovery, having gained market share in both On- and Off-Highway markets in recent years.
Research And DevelopmentR&D spending should peak in 2024 and return to more normal levels in 2025; the company expects to be compensated on pricing for the sizable investments it has made in alternative fuel solutions.