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Caterpillar
🇺🇸 NYSE:CAT
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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.

Total Revenue
$16.6B
Previous year: $13.8B
+20.3%
EPS
$3.86
Previous year: $2.69
+43.5%
Gross Profit
$4.8B
Previous year: $3.69B
+29.9%
Cash and Equivalents
$7B
Previous year: $9.25B
-24.3%
Free Cash Flow
$2.31B
Previous year: $992M
+133.0%
Total Assets
$81.9B
Previous year: $82.8B
-1.0%

Caterpillar

Caterpillar

Caterpillar Revenue by Segment

Caterpillar Revenue by Geographic Location

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

Company Overview

Full financial data and analysis

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