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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.
Revenue by Segment
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
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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