Caterpillar Inc. announced fourth-quarter 2020 sales and revenues of $11.2 billion, a 15% decrease compared to Q4 2019. The adjusted profit per share was $2.12, reflecting strong operational performance and a lower effective tax rate.
Fourth-quarter 2020 profit per share of $1.42; adjusted profit per share of $2.12.
Sales and revenues for the fourth quarter of 2020 were $11.2 billion, a 15% decrease compared with $13.1 billion in the fourth quarter of 2019.
Operating profit margin was 12.3% for the fourth quarter of 2020, compared with 14.1% for the fourth quarter of 2019.
Liquidity remains strong with an enterprise cash balance of $9.4 billion at the end of 2020.
Caterpillar is well-positioned for the future and will emerge from the pandemic as an even stronger company.
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