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Dec 31, 2020

Caterpillar Q4 2020 Earnings Report

Caterpillar reported a decrease in revenue and adjusted earnings per share for Q4 2020.

Key Takeaways

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.

Total Revenue
$11.2B
Previous year: $13.1B
-14.5%
EPS
$2.12
Previous year: $2.63
-19.4%
Gross Profit
$3.32B
Previous year: $3.84B
-13.6%
Cash and Equivalents
$9.35B
Previous year: $8.29B
+12.8%
Free Cash Flow
$1.78B
Previous year: $2.1B
-15.3%
Total Assets
$78.3B
Previous year: $78.5B
-0.2%

Caterpillar

Caterpillar

Caterpillar Revenue by Segment

Caterpillar Revenue by Geographic Location

Forward Guidance

Caterpillar is well-positioned for the future and will emerge from the pandemic as an even stronger company.

Revenue & Expenses

Visualization of income flow from segment revenue to net income