Loading...
•
Dec 31, 2022
Caterpillar Q4 2022 Earnings Report
Caterpillar's Q4 2022 earnings were released, revealing a 20% increase in sales and revenues and an adjusted profit per share of $3.86.
Key Takeaways
Caterpillar Inc. reported a strong fourth quarter and full year for 2022. Fourth-quarter sales and revenues increased by 20% to $16.6 billion, with an adjusted profit per share of $3.86. Full-year sales and revenues also saw a significant rise of 17% to $59.4 billion.
Fourth-quarter sales and revenues increased by 20%.
Adjusted profit per share for the fourth quarter was $3.86.
Full-year sales and revenues increased by 17%.
The company ended the year with a robust enterprise cash balance of $7.0 billion.
Caterpillar
Caterpillar
Caterpillar Revenue by Segment
Revenue by Segment
Construction Industries Revenue
CapyFin.comResource Industries Revenue
CapyFin.comEnergy & Transportation Revenue
CapyFin.comFinancial Products Revenue
CapyFin.com Forward Guidance
This press release contains forward-looking statements that are subject to risks and uncertainties, and actual results may differ materially from those described or implied in our forward-looking statements.
Positive Outlook
- Ability to develop, produce and market quality products that meet our customers’ needs
- Sourcing practices of our dealers and our OEM customers
- A failure to realize, or a delay in realizing, all of the anticipated benefits of our acquisitions, joint ventures or divestitures
- Maintain our credit ratings and potential resulting increases to our cost of borrowing and adverse effects on our cost of funds, liquidity, competitive position and access to capital markets
- Our Financial Products segment’s risks associated with the financial services industry
Challenges Ahead
- Global and regional economic conditions and economic conditions in the industries we serve
- Commodity price changes, material price increases, fluctuations in demand for our products or significant shortages of material
- Government monetary or fiscal policies
- Political and economic risks, commercial instability and events beyond our control in the countries in which we operate
- International trade policies and their impact on demand for our products and our competitive position, including the imposition of new tariffs or changes in existing tariff rates
Revenue & Expenses
Visualization of income flow from segment revenue to net income