Caterpillar Q4 2023 Earnings Report
Key Takeaways
Caterpillar Inc. reported a 3% increase in sales and revenues for the fourth quarter of 2023, reaching $17.1 billion. The company's operating profit margin significantly improved to 18.4%, and adjusted profit per share was $5.23. Full-year results were also strong, with record sales and revenues.
Fourth-quarter sales and revenues increased by 3% to $17.1 billion.
Operating profit margin for the fourth quarter was 18.4%, a significant increase from 10.1% in the previous year.
Fourth-quarter profit per share was $5.28, and adjusted profit per share was $5.23.
Full-year sales and revenues reached $67.1 billion, a 13% increase compared to the previous year.
Caterpillar
Caterpillar
Caterpillar Revenue by Segment
Caterpillar Revenue by Geographic Location
Forward Guidance
Caterpillar did not provide specific forward guidance in this earnings release.
Revenue & Expenses
Visualization of income flow from segment revenue to net income